Greg Hunter Interview: Peter Schiff - The End of the U.S. Dollar

etcmike (76)in #money • 5 years ago

Greg Hunter interviews Peter Schiff, money manager at Euro Pacific Capital and Schiff Gold, about the debt, economy, gold, and markets.

Topics:

(00:36) What is going on in the overnight repo market?;
(04:45) What is the end goal?;
(08:19) How does an uncontrolled spike in interest rates happen?;
(13:00) What do you mean by a inflationary depression?;
(20:39) Do you think both stocks and bonds will take a hit?;
(27:03) Is there a new currency at some point?;
(30:43) How high do you think the price of gold will go?;
(34:31) What are your thoughts on silver?;
(36:54) Thoughts on the U.S. election;
And more...

42 minute video by Greg Hunter published 8 October 2019

Link Associated with this Interview

Global Debt Bubble a Gigantic Time Bomb – Peter Schiff

Source:

Greg Hunter's YouTube channel: USAWatchDog
USA Watchdog website USA Watchdog
USA Watchdog on SteemIt: @usawatchdog
USA Watchdog on Twitter: @USAWatchdog

I am not affiliated with the USAWatchDog, other than being a fan and avid follower of Greg's work.
The purpose of this post is to raise awareness of the USAWatchDog, give Greg's work a wider audience, and direct traffic to his YouTube channel.

If you like this video, then you may want to subscribe to the USAWatchDog YouTube channel for more videos and updates.

DISCLAIMER :

This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here. Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas, trade signals, opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate. Any investments made in light of these ideas, trade signals , opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything.

Thank You!

If you like this post, you can upvote, follow, and re-steem this post.
Thank you!

#economy #debt #gold #usawatchdog

5 years ago in #money by etcmike (76)

$3.71

Sort:

Trending

[-]

agrostis (57) 5 years ago

Not sure he really answered the question: What is going on in the overnight repo market?
Says that the markets want higher interest rates, but the Fed wants lower interest rates and so has introduced more QE. I'm unconvinced by this answer!

He agrees with Alan Greenspan that there has to be a uncontrolled spike in interest rates interest rates. Well in Europe and Japan they are going for negative interest rates and have been doing so for quite awhile. So that seems to be the direction it is going.

He is an opponent of Bitcoin and constantly derides it. Yet, you can buy gold at SchiffGold with Bitcoin - https://schiffgold.com/buy/buying-gold-silver-bitcoin/

Thank you for posting this Greg Hunter interview with Peter Schiff on Steemit.

$0.11

3 votes

[-]

etcmike (76) 5 years ago

Peter Schiff is a die-hard gold bug. And very long winded at times.

I agree that he did not answer what is going on in the overnight repo market like he was asked.

Here is a recent video from Bix Weir who has been following the overnight repo market. In his past videos he has mentioned that the bank(s) needing the money (overnight loan) has only toxic assets for collateral and no bank wants to take the loan. This is why the FED has had to step in.

Here is Bix's 19 minute video posted 10/10/2019:
ALERT! Another HUGE Bank Bailout of $236B Today...and RISING!! (Bix Weir)

Have a great weekend!
Steem on,
Mike

$0.03

2 votes

[-]

agrostis (57) 5 years ago

Thanks for your reply.

This certainly makes more sense and not the lame excuses given by Jerome Powell. We are now in QE 4 or have always been in QE since 2008. As others have said, there is no way out.

All the best.

$0.10

4 votes