Peter Schiff & Chris Waltzek Ph.D. (Podcast)
Peter Schiff & Chris Waltzek Ph.D. Podcast for Radio Gold Seek
The US Fed halted QT operations 6 months in advance, hinting in recent “Fed Speak” rhetoric that QE operations could soon commence.
The Fed could soon combat slowing global economic conditions and the impact of the trade war between the US and China.
Analysts suggest this could lead to runaway inflation, as the Fed’s balance sheet was barely reduced before new QE injections.
Monetary policymakers are pushing on a string, their QE and rate cut operations are far less effective.
This point is revealed by the tiny reduction in their balance sheet during the 10 year economic miracle.
- The early end of the rate hike cycle is de facto evidence that policymakers are loosing control ahead of an inflationary collapse.
- The duo concur the opportunity the PMs share is impressive.
- Peter Schiff expects at least a 50% climb in the price of gold that will launch the leveraged gold shares into orbit.