People should ditch dollar, fiat currencies in general & buy gold which is ‘a real safe haven’ – Peter Schiff tells Boom Bust ...News

Russia Today - News
People should ditch dollar, fiat currencies in general & buy gold which is ‘a real safe haven’ – Peter Schiff tells Boom Bust
The real driver behind the rise of gold prices is the world’s central banks’ buying spree, says Peter Schiff of Euro Pacific Capital. The veteran broker tells RT's Boom Bust, false optimism based on expectations of a US-China trade deal which is “not going to happen” was also driving the price. He explains that last week’s sharp rise of interest rates was due to growing inflation pressures in the economy and because there’s not enough demand for all of the bonds being sold. “All of this is very bullish for gold and so rather than simply selling bonds people should be buying gold because they need to get out of the d

Hence then, the article about people should ditch dollar fiat currencies in general buy gold which is a real safe haven peter schiff tells boom bust was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( People should ditch dollar, fiat currencies in general & buy gold which is ‘a real safe haven’ – Peter Schiff tells Boom Bust )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News