Rickards and Schiff on Deflation vs Inflation

As Posted to the Kitco News YouTube Channel on 8/3/2020 Part 3 of 3 (Run Time 7:19) Quantitative easing by the Federal Reserve has undoubtedly expanded the Fed balance sheet to record levels, but the outcome on consumer and asset prices is yet to be seen according to best-selling author Jim Rickards and Peter Schiff, CEO of Euro Pacific Capital. In this final segment of the three-part Kitco News interview, Rickards and Schiff argue that inflation of asset prices is the likely outcome. Other parts of this interview can be found here: Part 1: Rickards and Schiff Give Gold Forecasts Part 2: Rickards and Schiff Discuss Coming Monetary Collapse (This is Blog Post #863) James G. Rickards is an American lawyer. He is a regular commentator on finance, and is the author of The...

Rickards and Schiff Discuss Coming Monetary Collapse

As Posted to the Kitco News YouTube Channel on 7/31/2020 Part 2 of 3 (Run Time 9:15) The Federal Reserve has gone past the point of no return and is unlikely to be able to unwind their balance sheet in the foreseeable future, according to best-selling author Jim Rickards and Peter Schiff, CEO of Euro Pacific Capital. In this second segment of the three-part Kitco News interview, Rickards and Schiff discuss the consequences of the Federal Reserve paying for the nation’s expenses, or as Schiff called it, “free money.” Part 1 of this interview can be found here: Part 1: Rickards and Schiff Give Gold Forecasts Part 3: Rickards and Schiff on Deflation vs Inflation (This is Blog Post #862) James G. Rickards is an American lawyer. He is a regular commentator on...

Rickards and Schiff Give Gold Forecasts

As Posted to the Kitco News YouTube Channel on 7/30/2020 Part 1 of 3 (Run Time 14:35) Gold prices have hit all-time highs, but in this Kitco News interview, industry heavyweights Jim Rickards, best-selling author, and Peter Schiff, CEO of Euro Pacific Capital, both think that the rally is far from over. Rickards’ analysis gives a five-year gold price target of $15,000 an ounce. Schiff, too, sees this as just the start of the bull cycle, adding that an imminent U.S. dollar collapse will be a major catalyst in sending gold prices much higher. Other parts of this interview can be found here: Part 2: Rickards and Schiff Discuss Coming Monetary Collapse Part 3: Rickards and Schiff on Deflation vs Inflation (This is Blog Post #861) James G. Rickards is an American...

Peter Schiff appears on RT on 10/16/18 to discuss the need to reduce government spending.  Peter explains that people overlook the increase in the National Debt in that, although the official Budget Deficit is $780B, the National Debt increased by $1.2T during the same time period.  That, Peter goes on to explain, is because a lot of what the government is borrowing, it doesn't count as part of the official budget . . . "so it actually borrows about 60% more than it is pretending to borrow". Peter Schiff is an American stock broker, financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut.  He is also the author of six books published by John Wiley & Sons. His book, Crash Proof 2.0, appeared on...