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15 seconds

15 seconds

NEXT WEEK Gold & Silver Markets Are Set To Explode Because NO ONE Is Paying Attention - Peter Schiff

22 days ago
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Gold and silver are on the brink of an explosive breakout, and the world isn’t ready for what’s coming next as markets continue to sleepwalk into chaos.
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In this climate of uncertainty, zero-yield gold continued to shine as a reliable hedge against inflation and instability, while it remains particularly appealing in a low-interest-rate environment.
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At the World Economic Forum on Thursday, Trump called for an immediate reduction in interest rates. The dollar hit an over one-month low, making bullion less expensive for foreign buyers.
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Peter Schiff, a well-known economist and gold advocate, has predicted that gold is on the verge of reaching new all-time highs as early as next week. According to Schiff, the combination of rising inflation, geopolitical uncertainty, and weakening confidence in the U.S. dollar is creating the perfect environment for a gold rally. He believes central banks' continued appetite for gold, coupled with growing investor demand for safe-haven assets, will push prices beyond their previous records. Schiff argues that the current economic environment is unsustainable, with high debt levels and central banks eventually being forced to cut interest rates, further boosting gold’s appeal.
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Schiff is also bullish on silver, which he sees as deeply undervalued relative to gold. He believes silver could outperform gold in percentage gains during the next rally due to its dual role as a monetary and industrial metal. With the gold-to-silver ratio still historically high, Schiff expects silver prices to surge as gold climbs higher, narrowing the gap between the two metals. For Schiff, the fundamentals are clear: gold and silver are poised to shine as investors seek protection from an increasingly unstable economic landscape.

Source: https://www.youtube.com/watch?v=LbCGqkqGSQU

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