Peter Schiff Quotes
Yes, when they're buying there are more buyers in the market and that's supportive of the price. The more buyers you have, the firmer the price is going to be. When central banks were selling it was a headwind the market had to overcome. Now it's a tailwind that central banks are joining the buyers.
Schiff, Peter. Interview on Kitco News, 2012.
The first Jew to run for the Vice Presidency on a major party ticket.
The economic law of supply and demand does not really operate in most of the health care system as most people cannot place an economic value on their life and/or health. If we need an appendectomy to prevent death from infection, we do not consider doing the operation for $5,000 but say that if the price were $25,000 we would prefer to die. We will pay whatever we have to. Existential issues do not lend themselves to economics.
Peter David Schiff is an American stock broker, financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut. He is also involved in various roles in other financial services companies, including Euro Pacific Asset Management, an independent investment advisor, Schiff Gold (formerly Euro Pacific Precious Metals), a precious metals dealer, and Euro Pacific Bank, a full-reserve bank.