Schiff Shifts More Weight On Gold For 2016 – Invest Like Experts Series
Friday January 08, 2016 09:22
(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 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?
40% Monetary Policy
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.”