Beacon Equity Research: Peter Schiff Takes-on FX’s John Taylor
Everyone’s favorite Wall Street irritant is out with his latest call for the gold and silver price—as well as calls for every other anti-dollar trade, for that matter. Euro Pacific Capital’s Peter Schiff recommends loading up on your favorite precious metal because the launch in stocks, oil, and even, the euro!, is about to begin. “You’ve got the euro now at about 1.39, and I think you’ve got a head and shoulders bottom in the euro,” Schiff told King World News yesterday. “Our short-term target for the euro, maybe, by year end, will be up near 1.48.” The implications, suggested…