GoldSeek Radio Nugget - Peter Schiff: "People Should Be Buying Gold"
Peter Schiff, Head of SchiffGold.com, makes a compelling case for the precious metals sector, chiefly shares, which could yield several times the return of typical investment classes.
http://schiffgold.com/
- Michael Burry's asymmetric $1.6 billion stock market bet - will his latest "Big Short" payoff?
- The monetary / deficit battle between domestic policymakers and inflation may result in galloping price hikes.
- Interest on the nation debt could exceed payments on S.S. and related entitlement programs.
- Peter expects the FOMC to cut rates eventually, increase QE and inflate an even bigger financial bubble.
- Flight into the Greenback could eventually reverse into gold, as investors flee fiat money.
- Investors are advised to procure gold in anticipation of currency debasement and default.
- Investment diversification is advisable, beginning with the hallmark of safety, gold investments.
- Peter is watching the bond market set record yields - "either bonds will rally or stocks will fall."
- Money loses value slowly and then all at once - it is advisable to procure gold in advance.
- Elon Musk challenged Mark Zuckerberg to a back-yard sparring match.
- Peter Schiff offer's his gym in Puerto Rico for the duo's matchup.
- Schiff's Gold Fund: https://finance.yahoo.com/quote/EPGFX/profile/
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