By Goldseek Radio / February 05, 2019 / marketsanity.com / Article Link
The US Fed halted QT operations 6 months in advance, hinting in recent "Fed Speak" rhetoric that QE operations could soon commence.The Fed could soon combat slowing global economic conditions and the impact of the trade war between the US and China.Analysts suggest this could lead to runaway inflation, as the Fed's balance sheet was barely reduced before new QE injections.Monetary policymakers are pushing on a string, their QE and rate cut operations are far less effective.This point is revealed by the tiny reduction in their balance sheet during the 10 year economic miracle.The early end of the rate hike cycle is de facto evidence that policymakers are loosing control ahead of an inflationary collapse.The duo concur the opportunity the PMs share is impressive.Peter Schiff expects at least a 50% climb in the price of gold that will launch the leveraged gold shares into orbit.
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He's also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country.
