Jim Rickards & Peter Schiff on the coming monetary collapse
The definition of inflation the Fed doesn’t want you to know.
Also: (Peter Schiff) – Massive shakeout in gold and silver
Gold’s spectacular move down is the sign of a bull market. Paul Krugman admits inflation is driving up gold price. Curing COVID won’t cure the economy. Do-gooders in California will put Uber and Lyft out of business. Donald Trump’s tax cuts will drive up the inflation tax. Joe Biden insults black women before nominating Kamala Harris.
Also: (Peter Schiff) – A Brief History of Legal Tender
With golds rise to new highs, I wanted to provide a brief history on the legal tender laws that ultimately paved the way for this historic moment. Thanks to the Federal Reserve, we went from having sound money in gold to a fiat dollar that has lost 99% of its value since 1913. It’s the last 1% that will be the killer.
Also: (Peter Schiff) – Trump’s executive orders are bad economics and unconstitutional
Gold is up for 9th consecutive week. Gold stocks scaling a wall of worry. Clock is ticking on TikTok and WeChat. Trump acting more like a king than a president. US government more dangerous to Americans than China’s government is. Jim Rickards is wrong on inflation.
Also: (Peter Schiff) – Cat 2k Hurricane Goldie blows through Comex