Schiff: All Roads Lead to Stagflation
Jobs data weak and revisions are worse.Bond yields weighing heavy on gold prices.Dollar gets clobbered by disappointing economic data.Oil prices rising and going higher.Increasing trade deficit will soon explode.Kamala Harris and the Senate pass $1.9 trillion stimulus bill.This is the first and probably smallest of many stimulus payments from Joe Biden.Warren, Sanders, AOC pushing Biden for student loan forgiveness.Bitcoin hodlers seem to be the only ones talking about inflation.
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff 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
