Peter Schiff - renowned economist and the contrarian investor at the helm of Euro Pacific Capital - predicts Christmas 2015 will be far from merry and bright.
And the U.S. Federal Reserve's policies are to blame.
Peter Schiff - renowned economist and the contrarian investor at the helm of Euro Pacific Capital - predicts Christmas 2015 will be far from merry and bright.
And the U.S. Federal Reserve's policies are to blame.
An all-important U.S. Federal Reserve meeting on Sept. 16-17 will decide whether interest rates will be raised for the first time in nearly a decade.
But Peter Schiff, economist, best-selling author, and CEO of Euro Pacific Capital, doesn't think the Fed is actually even considering a rate hike, despite speculation.