Peter Schiff explains in this podcast why a rise in U.S. inflation will be bullish for the precious metals and at the same time bearish for the U.S. Dollar.
"The reality is, higher inflation is not going to produce a tighter monetary policy. The Federal Reserve is going to have to ignore the higher inflation which means the inflation is going to get even worse!"
Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)
