YouTube/PeterSchiff, Released on 2/19/20 (Recorded on 2/6/20)
Peter Schiff, Louis Navellier, Rick Rule, Jeffrey Saut, and Mark Skousen discuss their investment outlook for the year ahead at the Orlando Money Show. Recorded February 6, 2020.
Gold has surged to all-time highs in 2019 after a five-year consolidation, and there are signs it is gaining momentum, which could portend another historic bull run. Global trade and geopolitical uncertainty have fueled the flight to gold as a safe haven and non-correlated portfolio diversifier. But, nobody should count the longest-running stock bull market out, which has defied predictions of its imminent demise time and time again. Four veteran professional investors square off and debate what economic, fundamental, and cyclical trends are telling us and how investors should be positioned.
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.
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries.