Peter Schiff – Twitter, Released on 5/4/23
Tweet 1 (scroll down for more)
#Gold stocks are hitting new 52-week highs today as #bank stocks are hitting new 52-week lows. This is not the end of this rotation, but the beginning. The stocks that lived by the bubble are dying as the air comes out. Old fortunes will be lost and new fortunes will be made.
— Peter Schiff (@PeterSchiff) May 4, 2023
Tweet 2
When rising interest rates pricked a #Fed inflated credit bubble in 2008, causing #banks to fail, the media called it a financial crisis. Well the same thing is happing again in 2023, only on a much larger scale, yet the media refuses to call what’s happening a financial crisis.
— Peter Schiff (@PeterSchiff) May 4, 2023
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
Peter Schiff tweets about gold stocks and the latest financial crisis added by Herman James on
View all posts by Herman James →