Peter Schiff on the Looming Economic Crisis

Goldseek, Released on 9/15/23

Peter Schiff, Head of, back-engineer’s the imminent crisis facing the global economy, offering the ideal panacea of PMs and specific mining shares.

– Tesla (TSLA) gapped higher this week on key AI news.
– PMs mining shares represent a solid investment, up to 10x is possible in the coming years.
– Investors will recognize the risk of inflation, slowly and one-by-one.
– Evidence of early runaway inflation: product prices are increasing as portion sizes decline.
– The domestic economic patient will eventually succumb to Fiscal profligacy.
– Our guest suggests that Fed inflation fighting, rate-hikes will fail to contain inflation.
– Hyperinflation remains one possible outcome.

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Peter 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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