Peter Schiff: ‘Inflationary depression’ hitting 2023, stocks, Bitcoin ‘nowhere near bottom’

Kitco News, Released on 12/22/22

Peter Schiff, Chief Market Strategist of Euro Pacific Asset Management, discusses the 2023 outlook for inflation, stocks, and gold with David Lin, Anchor for Kitco News.

0:00 – Leading Economic Indicators
2:10 – Recession in 2023
4:40 – U.S. dollar
8:06 – Inflation in 2022
15:55 – Inflation outlook
17:47 – How to fix inflation
24:16 – Inflationary depression
27:45 – Stocks and interest rates
31:56 – Peter Schiff’s asset allocation
35:14 – Gold outlook
38:00 – Bitcoin demand
39:30 – Bitcoin bubble has popped
45:12 – Is Peter Schiff buying Bitcoin?

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He’s also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.

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