Kitco News spoke with forecaster Gerald Celente about the grand manipulation of global markets by central banks. Celente argues that the only reason the gold price isn’t $2,000 is because of the low interest rates and quantitative easing of the Federal Reserve. He predicts a panic in US equity markets in 2015 and a resurgence in precious metals.
Edmund Shing, global equity portfolio manager for BCS Financial Group, told CNBC why he still sees gold as an excellent safe haven asset. Just as Peter Schiff has pointed out, investors who bought gold in any currency other than the US dollar last year saw excellent returns. What’s more, Shing agrees with Peter that the Federal Reserve is unlikely to raise rates in any significant way in 2015.
Here’s the second part of Robert Williams’ Wall Street Daily interview with Peter Schiff. They discuss what the supposed recovery looks like to everyday Americans, and why the next crisis is going to be a dollar crisis. Listen to the first part here.
Highlights from Peter’s interview:
“The dollar is only strengthening because people expect the Federal Reserve to do things that it’s not going to do, and because they have confidence in the legitimacy of the US recovery. The recovery is here only as long as the Fed is supporting it. It’s not a real recovery; it’s a bubble masquerading as a recovery. If the Fed is not blowing more air into it, it’s going to deflate. People don’t understand that…
Peter Schiff appeared on Benzinga’s Pre-Market Prep show last week. He explained why the Federal Reserve is going to be forced to keep interest rates at zero in 2015 and maybe even start QE4. What the United States really needs is the tough love of higher interest rates that would push the economy into a recession in the short-term, but ultimately make it stronger in the long-term.
Peter Schiff appeared on Fox Business today to explain what the drop in oil and the strength in the gold market means for the wider United States economy.
Jim Rickards spoke with Daniela Cambone on Kitco News about what he thinks 2015 will hold for the price of gold and the United States dollar. Rickards reminds us that we’re in a long-term currency war that could continue for years. There’s a good chance that gold will be needed to bring back confidence in paper currencies.
Chris Waltzek interviewed John Embry on GoldSeek Radio this week. Embry is Chief Investment Strategist at Sprott Asset Management and shares many of Peter Schiff’s views on the United States economy, which he believes is heading towards a currency crisis. He emphasized what a great opportunity investors have right now to get into precious metals at very low prices. American citizens should look to the inflation in Argentina or Russia to see why they want to be holding gold when the dollar starts to dive.
Peter Schiff had a very honest conversation about his predictions in his best-selling book The Real Crash with Wall Street Daily founder Robert Williams.
Williams started the interview by reminding the audience that while Peter is widely acknowledged for accurately predicting the 2008 financial crisis, few people remember what Peter’s bigger prediction is – that the ’08 crisis was just a foreshadowing of the real crash that is yet to come. Could 2015 be the year that crash happens? Peter thinks it might be.
Peter Schiff appeared on Fox Business to explain why the bursting of the oil sector bubble could be the first of many collapsing bubbles that will push the United States economy back into recession.
Peter Schiff explains the reality behind the United States’ false recovery to an incredulous anchor on CNBC World.
