What is Peter Schiff Gold Fund?
On the heels of a 20% drop in gold and a 40% drop in gold-mining stocks, the most passionate defender of the precious metal has launched his first gold mutual fund. The EuroPac Gold Fund (EPGFX) will invest primarily in gold-mining companies, where Mr. Schiff sees a big opportunity.
Where can I buy Euro Pacific Gold Fund?
For a prospectus or summary prospectus, each of which contains this and other information about the funds, call 1-888-558-5851 or visit www.europacificfunds.com. The Fund can also be bought through a brokerage account at Euro Pacific Capital, www.europac.net.
How much does Euro Pacific Capital manage?
Euro Pacific Asset Management manages $1.2 billion and provides investment advisory services for 2,608 clients (1:652 advisor/client ratio).
How does Peter Schiff make his money?
In the 20+ years since he started his brokerage firm, Euro Pacific Capital, Schiff has amassed a fortune. He founded a full reserve bank, Euro Pacific Bank, which operates in the Granadines and St. Vincent. In 2011 Peter Schiff was listed as one of the Who’s Who of Wall Street.
What city does Peter Schiff live in?
Haas School of Business of UC Berkeley (B.S.) Peter David Schiff (/ʃɪf/; born March 23, 1963) is an American stock broker, financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut.
Who is Peter Schiff’s wife?
Lauren Schiff
Peter Schiff/Wife
Does Peter Schiff sell gold?
Peter Schiff – SchiffGold’s Commitment to You In 2010, I launched Euro Pacific Precious Metals to offer the highest quality gold and silver bullion at competitive prices, and we have since enjoyed tremendous investor acceptance. My name has always been behind every ounce of gold we’ve sold.
Who is Peter Schiff married to?
Peter Schiff/Spouse
Who is Peter Schiff’s father?
Irwin Schiff
Peter Schiff/Fathers
His father, Irwin, the son of Jewish immigrants from Poland, served in the US Army during World War II. Irwin was a prominent figure in the US tax protester movement. He died in federal prison in October 2015 while he was serving a sentence of at least 13 years for tax evasion.
How does Euro Pacific Asset Management Fund work?
The Fund selects securities with strong balance sheets to reduce capital risk and earnings volatility. The Fund’s distinct allocation across precious metal sectors attempts to maximize upside while minimizing risk. In doing so, the Fund will focus on depressed major miners, high growth juniors and exploration companies.
Where does EUROPAC gold fund invest its money?
Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of gold companies located in Europe and the Pacific Rim.
What are the pros and cons of Euro Pacific?
If you invest with Euro Pacific you might lose the shirt off your back due to all the high fees and sales charges. Cons: They don’t know how to use opportunities to make money for clients * Peter is fixated on his theory that the US economy is hollow inside and will tank.