The Federal Government Is Now Monetizing 150 Percent Of The Annual Budget Deficit

The federal government is now monetizing 150 percent of the annual budget deficit, when you look at what they are buying in mortgage backed securities and treasuries. This is the highest ever.

So the government is more addicted and more dependent on QE than it ever was. And not only they cannot take it away, they will have to increase it.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

The Dollar Has Not Collapsed Yet, But It Will

The dollar has not collapsed yet, but I think it is going to collapse under the weight of all the inflation that has already been created. The government does not want to let interest rates rise. When they talked about tapering and then interest rates went up, they backed off.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Gold Is Going To Resume Its Ascent

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.