Peter is interviewed by Daniela Cambone (Kitco) at the Grand Cayman Liberty Forum
10 min video at link
http://www.kitco.com/news/video/show...--Peter-SchiffGold Will Rise Faster Than Rocket Ship - Peter Schiff
Nov 18, 2014
Guest(s): Peter Schiff CEO, Euro Pacific Capital
Are Russia and Europe buying more gold? Will the Swiss vote ‘yes’ in its gold referendum? Is there a chance for QE4? Peter Schiff is on Kitco News to comment on some of the most recent headlines surrounding the gold market and also to share his thoughts on the U.S. economy. The Euro Pacific Capital CEO says the U.S. recovery isn’t real and adds that the dollar is only strong because all other currencies are weak. “I think people are worried about the Yen, about the Euro so the dollar wins by default…It’s only because of the euphoric effects of our last round of QE haven’t worn off yet.” Schiff adds that he doesn’t think the Fed will raise rates because they want to, but rather because the central bank will be put in a corner with a sinking dollar and accelerated inflation. “Gold is going to $5,000,” Schiff says. “I think when this decline is over…I think gold is going to take a rocket ship back up.” Tune in now to see why he thinks that this is the best fundamental environment for gold he’s ever seen, and why he thinks this deflation scare may be a hoax. Kitco News, November 18, 2014.
In before the naysayers who say Schiff is just saying what he says because he's hawking gold.
P.S. I was watching a video where Peter was talking about Puerto Rico's tax advantages for the wealthy and they showed a woman (and little kid) that is apparently Peter's wife. Looks like he robbed the cradle of a young blonde model.
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