Peter Schiff: Less Loose Will Lower Markets, Not Inflation

YouTube/PeterSchiff, Released on 1/7/22

  • Stock market off to a bad start for first week of trading in 2022.
  • Fed minutes send bond markets tanking.
  • Investors spooked out of speculative bets and into commodities.
  • Inflation pressure building on producers and consumers.
  • Workers fall further behind as prices increase faster than wages.
  • Bitcoin chart looking ominous.
  • El Salvador is underwater on their Bitcoin bet.
  • Microstrategy balance sheet will soon have a big hole in it soon.
  • Michael Saylor talks out of both sides of his mouth about US Dollar.
  • NASA agrees, gold has intrinsic value.

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.

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