Gold has gone down one year out of the last 12 or 13 years. So, I think this is not going to be a new trend. Gold is going to resume its ascent.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Dec 10, 2013
Dec 9, 2013
What Will Happen When Foreign Central Banks Stop Buying Dollars
Even though there are some deflationary pressures in the U.S., they will be overwhelmed by a tsunami of inflation when foreign central banks stop buying dollars and let our currency sink. And then the U.S. government has to kick the printing presses into high gear in order to monetize all the debt and keep all the bubbles inflated.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Subscribe to:
Posts (Atom)