Monday, December 24, 2018

Peter Schiff: When Everything Blows, Gold Is Going Ballistic

"I think people are just completely clueless with respect to what's actually going on in the world. They don't understand the US economy; they don't understand the Fed. 

But they're about to get a rude awakening and the smart money is buying gold, whether it's being manipulated or not in the short run, gold and silver are both going way up in the long run. And the long run may be here much sooner than people think.

You want to talk about manipulation? It's the central banks that have been manipulating bond prices and interest rates, far more than traders were able to manipulate gold and silver. 

But I think the air is coming out of that bubble. And as this US stock market implodes, as more and more people realize that a massive recession that is even bigger than what we now call the Great Recession of 2008 is actually around the corner - and this credit bubble is far bigger than the one that popped in 2008, that one produced a financial crisis. 

This one is going to produce something much worse - So as people actually figure this out, they're going to be buying gold and they're going to be buying it in a big way."

- Source, Peter Schiff

Monday, December 17, 2018

Peter Schiff: Credit Bubble Bigger Deal Than Gold and Silver Manipulation


In this episode, Peter Schiff discusses his view that while there is manipulation in the gold and silver market that there are bigger issues taking place that will affect the price of gold and silver including the central banks manipulating bond and interest rate prices.

- Source, Schiff Gold

Wednesday, December 12, 2018

Peter Schiff: Next Round of Quantitative Easing To Send Gold To New Highs


Legendary investor, author, and Austrian Economist Peter Schiff was one of the economists who warned of the sub-prime crisis. BEFORE it happened. 

So we're fortunate that he was kind enough to join Inside the Markets to let our viewers know how the next crisis is going to unfold, and what investors would be well-served to do before it happens. 

Peter talks about the impact of the swelling supply of unsold homes, how it remains a mystery as to who will buy the U.S. debt, and the ongoing debate between President Donald Trump and the Federal Reserve. 

So if you were caught off guard the last time Wall Street collapsed and want a different outcome this time around.

- Source, Stock Pulse

Saturday, December 8, 2018

Peter Schiff: Trump Backs down on Tariffs


The two things that everybody seems to agree were weighing down the markets were the Fed's relentless drive to normalize interest rates, and figure out where "normal" was, and, of course, the trade war - the threat of additional tariffs overhanging the markets. 

So I think it was pretty clear to President Trump who is hanging his hat on the stock market, has decided that the stock market performance is the best barometer of his Presidency. 

So the fact that the stock market was falling was really a big problem for the President so he had to do what he could to try to get the stock market to go back up.

- Source, Peter Schiff