
The Fed Can’t Print Gold
The mainstream just went super-bullish on gold. Bank of America raised its 18-month price target to $3,000 per ounce in a report titled, “The Fed Can’t Print Gold.”
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The mainstream just went super-bullish on gold. Bank of America raised its 18-month price target to $3,000 per ounce in a report titled, “The Fed Can’t Print Gold.”
Earlier this year, Ray Dalio quipped that “cash is trash.” During a recent Reddit “ask me anything” session, Dalio doubled down, warning that the rush into the US dollar is a mistake. Why? Because the Federal Reserve has fired up the printing press and is pumping out cash at a dizzying pace.
All eyes have been on the stock market in recent weeks as it has reflected the fears about the coronavirus-induced economic shutdown and the hopes of massive stimulus. It’s been quite a rollercoaster ride. But in his podcast on March 27, Peter Schiff said there’s an even bigger problem looming on the horizon that people […]
On Wednesday, Congress finally agreed on a government stimulus/bailout plan to battle the economic impacts of coronavirus to the tune of over $2 trillion. Meanwhile, the Federal Reserve has committed to monetize the debt with QE to infinity. Practically speaking, we’re talking about trillions of dollars being injected into the US economy – all of […]
The Federal Reserve has launched QE infinity. As Peter Schiff put it, the Fed has gone all-in on quantitative easing. So, what does this mean? What are the ramifications of all this debt monetization and money printing? In his podcast, Peter said this is where the problems really start.
It wasn’t long ago that all of the pundits were telling us that the economy was strong. As a result, a lot of people seem to think that once the coronavirus situation is resolved, the economy will quickly go back to normal. In his podcast Friday, Peter Schiff said that’s not going to happen. The […]
It’s been another week of selloffs in the markets. It’s not just stocks. Everything is selling off. The only thing really gaining right now is the US dollar. Meanwhile, the government is promising bailouts for all. In this episode of the Friday Gold Wrap, host Mike Maharrey looks ahead at the possible ramifications of all […]
On Wednesday, March, 18, Peter Schiff did a live episode of his podcast and took questions for over four hours. In a nutshell, Peter made the case that the real crash is here. He covered a wide range of topics relating to the ongoing and ever-evolving coronavirus crisis.
Oil prices crashed early this week as Russia and Saudi Arabia launched a full-blown price war. The big drop in the price of oil pulled stocks down yet again, with the Dow Jones losing over 2,000 points. But in an interview on RT, Peter Schiff said he thought the drop in oil would prove to […]
Last year at the Vancouver Resource Investment Conference, Peter Schiff bet Brent Johnson a gold coin that the Fed’s next move would be a rate cut. At this year’s conference, Peter collected his gold coin. Brent and Peter went on to debate the future of the US dollar. Brent says the dollar will go up […]