Why Rising Yields Are Bullish for Gold and Silver - Peter Schiff
Why Rising Yields Are Bullish for Gold and Silver – Peter Schiff
Peter Schiff says the next financial crisis will not start in a bank. It will start with the U.S. government itself, and there may be nobody left to bail it out. In this video we cut the key moments from Peter Schiff’s interview with Glenn Diesen: record-low consumer confidence, debt above forty trillion dollars, why he thinks the dollar’s reserve status is at risk, and why he sees rising bond yields as bullish for gold and silver. After the interview clips, our own evaluation separates what holds up from what is still a forecast. Schiff has a long record of early warnings, and he also runs a gold business, so we look at the diagnosis and the sales pitch separately.
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