Schiff: Upcoming Recession Worse Than 2008 (GLD, IAU, SLV)

Euro Pacific Capital’s Peter Schiff argues that quantitative easing is “toxic” for the economy. Peter answers the question, why gold (NYSEARCA:GLD) has not gone up significantly given recent developments.

Mr. Schiff began his investment career as a financial consultant with Shearson Lehman Brothers, after having earned a degree in finance and accounting from U.C. Berkeley in 1987. A financial professional for over twenty years he founded Euro Pacific in 1997 and has served as its President since January 2000. An expert on money, economic theory, and international investing, Peter is a highly recommended broker by many leading financial newsletters and investment advisory services. He is also a contributing commentator for Newsweek International and served as an economic advisor to the 2008 Ron Paul presidential campaign. He holds FINRA Series 4, 7, 24, 27, 53, 55, 63 & 65 licenses.

See the full “Fox Business” interview below:

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