UK 17:36 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
As you know Peter Schiff is my hero, a libertarian sound money man. In his latest video he explains why the next move in US base rates is going to be down and why rates could go negative. On the basis of that he advises buying gold.
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Comments
wildrides
Cant see the Fed cutting the rate myself …….. too much loss of face . They will just let the market deflate .
AK47
I agree with this and will be buying some gold coins.
Duck and Dive
Yet another “independent” commentator talking up his own book. I loved the blatant commercial at the end (as if the clue sticking out of his right ear wasn’t enough).
turbograndad
What a great salesman, The Fed, well the same as all central banks, full of their own excrement. As most people know already, there is the real economy, and the one spun by the establishment and politicians. As investors we have to weave our way through all the crap, manipulation, and outright FRAUD.
Andy
I don’t buy it. I think this time around, they will allow the bubble to pop. This is what they should have done in 2009. The pain would have been over by now. The fed is not going to rescue the stock market this time around.
bob brush
I don’t believe that the Fed will reverse their decision just like that, it will totally remove people’s faith in them which will be very damaging. However, I do believe in the gold case, I have recently moved 20% of my portfolio to gold stocks and am considering a further increase because in the chaos since 1st jan my gold stocks have held even while the rest of the market collapses. there is real strength and resilience there so despite the hard sell he is pushing, I think he is right.
Daniel Victor
I like Peter Schiff,and he may well be right on this,but his views cannot be considered to be entirely objective,because he sells gold coins.
John
When has he not been advertising buying gold from his company?