Economy Will Collapse Without QE (Video)
Last week, Grant Williams gave a presentation on the long-term effects of quantitative easing on the health of the global, and particularly Western, economy. Peter Schiff has been warning about the same problem for years and offers the same advice as Williams: avoid the US dollar, stock market, and bond market and prepare for the biggest crash in living history.
When you look beyond the horizon, quantitative easing is and will continue to be, the single biggest influence on every investment decisions you’re going to be making. Possibly for the next several years… The US economy is simply not strong enough to survive without massive stimulus… Just about every government in the Western world is essentially bankrupt.”
The video below is just a portion of his speech. Click here to watch the full 1/2 hour presentation.
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffGold
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!
Related Posts
This weekend, Todd Sachs interviewed Peter on the state of the economy. They discuss the parallels between now and the 2007-2008 housing crisis, the role of economic sentiment in voters’ opinions, and why foreign central banks are losing faith in the dollar.Gold Hits New All-Time Record High
Gold hit a new all-time nominal high, surpassing the previous record set in December of the previous year. The precious metal’s price reached approximately $2,140, indicating a robust and continuing interest in gold as a safe-haven asset, despite a rather peculiar lack of fanfare from the media and retail investors. This latest peak in gold […]
Peter released a brief video addressing the looming resurgence of inflation. Ironically, on the back of disappointing inflation numbers, gold witnessed a dip below $2000 on Tuesday due to higher-than-expected CPI data.Peter Schiff: A Buying Opportunity as Gold Pulls Back from Record High (Video)
Gold surged to a new record high of $2135 early Sunday morning before pulling back sharply Monday. In this video, Peter Schiff explains why this is a buying opportunity. After setting the record, gold quickly sold off and consolidated, dropping over $100 back to around $2,020. Some people see the quick selloff as a bearish […]
During a recent interview at the 2023 Precious Metals Summit Zurich event, Doom, Boom & Gloom Report publisher Marc Faber says now is the time to buy gold, silver and platinum because inflation is here to stay.
Leave a Reply