Peter Schiff: Stop Fixating on the 'Meaningless' Highs in the Dow Industrials

Another day, another record high for the blue-chip Dow Jones Industrial Average. But Peter Schiff, CEO of Euro Pacific Capital, thinks investors should be looking at other signs across the markets, which are less sanguine than the stock market.
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Another day, another record high for the blue-chip Dow Jones Industrial Average. But Peter Schiff, CEO of Euro Pacific Capital, thinks investors should be looking at other signs across the markets, which are less sanguine than the stock market. 

"Look at what's happening in the bond market, look at what's happening to the dollar, look at what's happening to oil prices and gold prices," Schiff said. "These are the signs that people should be paying attention to, but they're not - they're too fixated on these meaningless highs in the Dow Jones."

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