Economist and gold advocate Peter Schiff predicts the “mother of all gold bull markets” as gold prices surge to a record $ 2,720 per ounce. He attributes the rally to inflation fueled by central banks, warning that fiat currencies are losing value. Schiff suggests this is only the start and encourages investors to act …
Analysts from the Kobeissi Letter, a global capital markets commentary, have assessed that the behavior of silver, which is experiencing a larger bull market than gold, may forecast a significant upcoming macroeconomic crisis. According to Kobeissi, silver and gold could anticipate a similar inflation curve to the one observed in the 1970s. Silver Bull Run […]
Economist and gold advocate Peter Schiff says gold is “set to have its best year since 1979 when it rose 126%.” He highlighted that gold is up over $ 540 so far this year, which is its “largest dollar gain in history.” He further explained that “investors still haven’t noticed the bull market or …
The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $ 2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economists expected, lowering the rate by 50 basis points. This behavior had already been predicted by several analysts and institutions, who …
Peter Schiff, Chief Economist and Global Strategist at Europac, has criticized the lack of coverage that major economic media outlets have given to the recent surge in gold prices to record highs. However, Schiff characterized this lackluster coverage and the absence of experts addressing this subject as “bullish.” Economist Peter Schiff Blasts Economic News Sites […]