When foreign governments or foreign individuals buy our bonds, then the U.S. Dollar can stay strong but if we have to print dollars to buy those bonds then the supply of dollars worldwide is exploding and people can see what we are doing, they can see that we are just monetizing our debt and every country that has collapsed has collapsed for the same reason. You can look for examples of what happened to the countries that have monetized their debt. (iShares Barclays 20+ Year Treasury Bond ETF (TLT))
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Blog Archive
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2016
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March
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- Yellen`s Dovish Speech is Bullish For Gold
- The Fed Cannot Raise Interest Rates
- The Recent Gold Sell-Off Explained
- We Will Go Back To A Gold Standard
- U.S. Dollar: The Trend Has Reversed
- Why Gold Traded Down Today?
- U.S. Dollar: The Chinese Recognize The Mistake
- The American Consumer Is Not Confident
- Markets: U.S. Dollar, Dividend Paying Foreign Stocks
- Silver Stocks Are Doing Even Better Than Gold Stocks
- Silver Stocks Are On Fire
- The Federal Reserve Keeps Pretending That The Econ...
- This Commodity Move Is Real, We Are In A New Bull ...
- U.S. Dollar: The Fed Is About To Launch A New Easi...
- U.S. Elections: There Is No Chance Hillary Would B...
- The Economy Is Rapidly Losing Momentum
- QE4 Will Push Commodity Prices Up Even Faster
- Commodities: The Supply And Demand Dynamics Are Be...
- Commodities Are Going Higher
- Commodities Are Turning
- U.S. Economy: We Are Already in A Recession
- Will Draghi Take Europe Deeper Into Negative Rates?
- The U.S. Will Monetize The Debt Eventually
- All of America`s Creditors Are Going To Stop Lendi...
- Markets: Is The Bottom In? Depends On The Fed.
- Economic Problems Are Made In America
- The Fed Wants Inflation And They Will Get It
- Even Jim Cramer (CNBC) Can See There Is A Recession
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March
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