Peter Schiff On The Markets: There Many Stocks Down 60, 70, 80 Percent

Jan 18, 2016

There Many Stocks Down 60, 70, 80 Percent

All the major averages are now lower than they were when the Federal Reserve ended QE3. Pretty soon they will all be lower than they were when the Federal Reserve started QE3. And when you dig beneath the sectors there are many individual stocks that are down 20, 30, 40, 50, 60, 70 and 80 percent. Look at GoPro (GPRO) now down 82 percent from where it was last year, that was one of the highly touted IPO`s and obviously it has now collapsed.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

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Jan 18, 2016

There Many Stocks Down 60, 70, 80 Percent

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