Saturday, August 29, 2020

Peter Schiff vs James Rickards: Inflation or Deflation?


Quantitative easing by the Federal Reserve has undoubtedly expanded the Fed balance sheet to record levels, but the outcome on consumer and asset prices is yet to be seen. 

Jim Rickards, best-selling author, said that the Fed has failed to deliver inflation in the past when there was monetary stimulus, while Peter Schiff, CEO of Euro Pacific Capital, argued that inflation of asset prices is the likely outcome.

- Source, Kitco

Tuesday, August 25, 2020

Peter Schiff: The Coming Monetary Collapse, You've Been Warned


The Federal Reserve has gone past the point of no return and is unlikely to be able to unwind their balance sheet in the foreseeable future, according to best-selling author Jim Rickards and Peter Schiff, CEO of Euro Pacific Capital. 

In this second segment of the three-part interview, Rickards and Schiff discuss the consequences of the Federal Reserve paying for the nation’s expenses, or as Schiff called it, “free money.”

- Source, Kitco News

Friday, August 21, 2020

Peter Schiff and James Rickards Forecast: $15000 Gold is Coming


Gold prices have hit all-time highs, but industry heavyweights Jim Rickards, best-selling author, and Peter Schiff, CEO of Euro Pacific Capital, both think that the rally is far from over. 

Rickards’ analysis gives a five-year gold price target of $15,000 an ounce. Schiff, too, sees this as just the start of the bull cycle, adding that an imminent U.S. dollar collapse will be a major catalyst in sending gold prices much higher.

- Source, Kitco News

Sunday, August 2, 2020

Peter Schiff: Gold Keeps Knocking on 1800's Door


All indexes in the red today. Closed down college towns is more bad news for banks. 

Massive support built for gold’s bull market. Gold stock fundamentals continue to improve. Fascism is Socialism.