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It’s Not Volatile, It’s A Bubble Says Peter Schiff On The Economy
The economy is just starting to deflate from a bubble, which could swing in gold’s favor, this according to Peter Schiff, CEO of Euro Pacific Capital.
“It’s just the air coming out of the bubble, that’s the volatility. First, the bubble was inflating and everything was going up and now that the bubble is deflating, everything is coming down,” Schiff told Kitco News.
Outlook 2019
What changes can the New Year bring to the markets? Will 2019 finally be gold’s breakout year? Tune in to our Outlook 2019 series to watch experts break down the markets’ most pressing questions, and more.Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
