Commodity Culture, Released on 12/27/23
Peter Schiff believes that gold prices are set to skyrocket to unprecedented levels as inflation panic spreads throughout the financial world. Peter emphasizes that the Fed has lost the battle with inflation, and we are only at the beginning of an inflationary cycle, which has historically been very bullish for the price of gold.
00:00 Introduction
00:50 Year-in-Review of Gold in 2023
02:41 Gold Hitting All-Time Highs
07:16 Is the Gold Market Manipulated?
14:01 Inflation is Going to Get Worse
17:50 Dow Jones Priced in Gold
21:42 People Want the Government to Save Them
31:20 How Gold Could Return to the Monetary System
35:11 Peter’s Investment Strategy
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He’s also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.