Make Kitco Your Homepage
Invest Like The Experts

Schiff Shifts More Weight On Gold For 2016 – Invest Like Experts Series

 (Kitco News) - Invest Like The Experts (#InvestLike) winds down as the first trading week of the year comes to an end. This week, Kitco News spoke with Euro Pacific’s CEO Peter Schiff to see where he’d invest $100,000 in 2016.

This year, we are offering our readers a special Mining Edition of the #InvestLike series to see where one geologist and longtime mining investor would put his money this year. What are the best mining companies for 2016, and what projects may have the most potential? Be sure to stay tuned for this special series out next week!

PART I: Vince Lanci tells Kitco News how he’d invest $100,000
PART II: RBC's George Gero Gives His Investment Ideas For 2016
PART III: Rickards: Fed, USD, Inflation To Have Biggest Impact On Gold In '16
PART V: How Would Brent Cook Invest $100k in ’16? – Invest Like Experts, Mining Edition

Expert: Peter SchiffPeter Schiff

Claim To Fame: Euro Pacific CEO

How would you invest $100,000 in 2016?

10%                  Physical Gold and Silver
15%                  Gold and Silver Mining Stocks
40%                  Global Dividend-paying Equities/Developed Markets
15%                  Global Equities Emerging Markets
20%                  Non-U.S. Dollar Short-term Bonds

 

What factor will affect gold the most in 2016?

10%                  Geopolitics       
40%                  Monetary Policy    
40%                  Dollar                      
10%                 Inflation                  
 0%                  U.S. Politics            

What to hear more? Watch Kitco News’s one-on-one interview with Schiff and why he thinks gold has yet to see its greatest rally play out!

What is your New Year’s investment resolution for 2016?

“Basically, I have the same investment strategy this year as last, just with a higher weighting to gold and resource stocks due to valuations.”

By Daniela Cambone and Sarah Benali of Kitco News dcambone@kitco.com and sbenali@kitco.com
Follow Daniela Cambone on Twitter @DanielaCambone and Sarah Benali @SdBenali

 

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
kitco news