Powell's Absurd Admissions Send Gold & Silver Soaring
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Peter Schiff examines the Fed's misguided policies, the soaring gold market, and the looming dollar crisis, urging listeners to act before it's too late.
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In this episode of The Peter Schiff Show, host Peter Schiff delves into the recent absurd admissions from Fed Chairman Jerome Powell that have sent gold prices soaring. As the dollar continues its alarming decline, Schiff scrutinizes Powell's dismissal of gold's significance and the Fed's troubling monetary policies. He highlights the urgency of investing in precious metals like gold and silver amid the looming dollar crisis and a global shift away from the U.S. currency. Schiff's insights reinforce his long-standing belief that the current economic environment is ripe for disaster, urging listeners to take proactive measures to protect their wealth. Tune in as Peter Schiff provides his critical analysis of the unfolding financial landscape and what it means for investors today.
Chapters:
00:00 Introduction and Opening Remarks
01:05 Gold and Silver: The Financial Story of the Decade
05:08 The Dollar's Decline and Trump's Economic Claims
07:09 The Global Political Order and America's Economic Collapse
09:06 The Urgency of Buying Gold and Silver
11:17 Bitcoin vs. Gold: A Critical Analysis
20:34 The Fed's Stance on the Dollar and Gold
30:23 Gold as a Monetary Indicator
31:48 Powell's Dismissal of Gold
32:44 The Fed's Missteps and Gold's Warning
36:25 The Global Shift Away from the Dollar
38:24 The Real Crash and Investment Strategies
39:27 The Importance of Early Positioning
42:32 The Looming Dollar Crisis
43:27 Investment Opportunities and Final Thoughts
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