Silver finished last week up $.90. Sentiment for the precious metals sector is changing. Silver especially is showing a lot of strength.
The federal reserve seems anxious to raise rates. Odds of a 50% rate cut came down a little from where they were earlier in the week.
The longer this bubble persists, the more painful the bust is going to be. Either the fed doesn't see it or they just don't care.
Consumer expectations for inflation is on the rise, but Peter thinks it will be more than they expect.
Mining stocks are finally starting to react to the rise in metal prices.
Even though we may not agree with his position on the crypto space, I believe his views on the federal reserve, QE, interest rate manipulation, and the damage these have done to the economy are spot on.
If you find this information helpful or informative, please upvote.
Thanks
SOURCE:
http://www.SchiffRadio.com
http://www.SchiffGold.com/news
https://www.Goldmoney.com/
I am not affiliated with Peter Schiff, and am posting his podcast and his podcast notes to further raise awareness about his view of where the markets are, and where they may be heading.
Thanks,
Please Upvote, Follow, and Resteem.
Also I would like to hear your take on what he had to say. Please comment.
