Peter Schiff discusses currency crisis, Gold, stock market, bubble, economic indicators

Peter Schiff discusses currency crisis, Gold, stock market, bubble, economic indicators







Chairman of SchiffGold.com, Peter Schiff returns to the show with dire warnings of a looming currency crisis.
His work indicates that eventually, momentum will return to the gold market, making $100+ days commonplace culminating $5,000 gold.
The multi-year bull market in stocks may be viewed in retrospect as a Fed fomented bubble, which crushes million of retirement portfolios.
Artificially low rates inspired large corporations to repurchase their shares via cheap debt, which can only end badly for investors.
Although US retail sales are solid, better leading economic indicators like the Dallas Manufacturing Index and the US Weekly Leading Index are rolling over
The dollar was on the verge of collapse during the credit crisis, but was saved by the bailout.
The next decline will require the formation of an entirely new currency.