Peter Schiff: Fed will ‘wipe out’ many investors; gold to return as reserve currency.
Watch this interview at- https://youtu.be/QaeEmG_aLqM
Kitco NEWS
The Federal Reserve is going to create an inflationary environment that is like a tax that will hurt society on all levels, and this is what investors need to do to avoid wealth erosion, says Peter Schiff, CEO of Euro Pacific Capital. In this interview, Schiff comments on the risks of holding dollar-denominated assets and what investors should be buying instead. 0:16 - Moderna and vaccine trial results 1:33 - Federal Reserve's mistakes 2:53 - Can we return to "normal" again? 4:21 - U.S. dollar 5:22 - Where is inflation really at right now? 8:37 - Should governments bail out businesses? 10:16 - Government's response to pandemic 12:38 - Trump's chances of re-election 15:31 - What should investors buy? __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?r... Twitter - https://twitter.com/kitconewsnow Google+: https://plus.google.com/u/0/116266490... StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today... Live silver price and charts: http://www.kitco.com/silver-price-tod... Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscriptio... Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
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