Peter Schiff, Arch Crawford, Chris Waltzek Ph.D. & Robert Ian - August 30th, 2019 - Goldseek.com Radio. A Spina-Waltzek Production-©2005-2019 http://radio.goldseek.com/ Royalty free music from Google Play. Disclaimer: this show is presented only as in GOLDSEEK RADIO
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Aug. 30th, 2019(S14-E711)Featured GuestsPeter Schiff & Arch Crawford Note: Guest order via seniority.Please Listen HereInterview Recap.Interview Recap.Arch Crawford, head of Crawford Perspectives for 42 consecutive years rejoins the show.He expects further fireworks ahead in the PMs sector, in particular with silver.Investors are only beginning to appreciate the remarkable opportunity.A single ounce of the yellow metal yields nearly 90 silver dollars.While gold is approaching the all all-time record high posted in 2011, silver remains a bargain.The highly inelastic silver demand/supply curves amplify the impact of future capital flows.Warren Buffett accumulated approximately 130 MILLION silver ounces.Buffett promptly sold at a 100%+ gain.Interest from a single legendary investor could trigger a market force majeure.President Putin continues to add 1000 oz. silver bars to the national currency reserves.Similarly, will US policymakers rebuild our former 1.6 billion silver ounce strategic military-stockpile before the impending price eruption or pay 5x-10x more?Returning from a sabbatical in Italy, Peter Schiff notes profligacy could unravel the domestic economy.The ideal panacea includes returning the global reserve currency to a gold-backing.Ghana recently experienced a financial crisis where 1/3 of the financial institutions closed their doors.$1.6 billion evaporated - Wikipedia rolled out a webpage outlining the Ghana Banking Crisis.A legion of top Wall Street money managers/analysts continue to recommend gold.Several top analysts are predicting $2,000+ gold.Mark Mobius recently advised investors to "Buy gold at any price."The duo both agree that the "King of Currencies" will eventually be re-monetized.Leading the charge to remonitization remains the Bank of International Settlements (BIS).The team also concurs on a minimum fair valuation for gold falls within the range of $5,000-10,000.Bank of England Governor Mark Carney proposed a cryptocurrency as the reserve currency.Reallocation from the 4 key FANG stocks alone could send the PMs share sector into deep space-orbit.Peter Schiff notes that Bitcoin and related tokens could run much higher in sympathy with gold.Recent examples include Zimbabwe where half a million of their dollars will procure 1 ounce of gold and Venezuela, where only a few years ago, the price of gold in pesos was comparable to dollars; today an ounce of gold is worth approximately 400 million.GSR Hotline - Call 24/7Share Your Questions &Comments! Q&A Hotline: (641) 715-3900 followed by extension number and #: 514049# you can call, delete, re-record, your feedback is appreciated!
Aug. 30th, 2019(S14-E711)Featured GuestsPeter Schiff & Arch Crawford Note: Guest order via seniority.Please Listen HereInterview Recap.Interview Recap.Arch Crawford, head of Crawford Perspectives for 42 consecutive years rejoins the show.He expects further fireworks ahead in the PMs sector, in particular with silver.Investors are only beginning to appreciate the remarkable opportunity.A single ounce of the yellow metal yields nearly 90 silver dollars.While gold is approaching the all all-time record high posted in 2011, silver remains a bargain.The highly inelastic silver demand/supply curves amplify the impact of future capital flows.Warren Buffett accumulated approximately 130 MILLION silver ounces.Buffett promptly sold at a 100%+ gain.Interest from a single legendary investor could trigger a market force majeure.President Putin continues to add 1000 oz. silver bars to the national currency reserves.Similarly, will US policymakers rebuild our former 1.6 billion silver ounce strategic military-stockpile before the impending price eruption or pay 5x-10x more?Returning from a sabbatical in Italy, Peter Schiff notes profligacy could unravel the domestic economy.The ideal panacea includes returning the global reserve currency to a gold-backing.Ghana recently experienced a financial crisis where 1/3 of the financial institutions closed their doors.$1.6 billion evaporated - Wikipedia rolled out a webpage outlining the Ghana Banking Crisis.A legion of top Wall Street money managers/analysts continue to recommend gold.Several top analysts are predicting $2,000+ gold.Mark Mobius recently advised investors to "Buy gold at any price."The duo both agree that the "King of Currencies" will eventually be re-monetized.Leading the charge to remonitization remains the Bank of International Settlements (BIS).The team also concurs on a minimum fair valuation for gold falls within the range of $5,000-10,000.Bank of England Governor Mark Carney proposed a cryptocurrency as the reserve currency.Reallocation from the 4 key FANG stocks alone could send the PMs share sector into deep space-orbit.Peter Schiff notes that Bitcoin and related tokens could run much higher in sympathy with gold.Recent examples include Zimbabwe where half a million of their dollars will procure 1 ounce of gold and Venezuela, where only a few years ago, the price of gold in pesos was comparable to dollars; today an ounce of gold is worth approximately 400 million.GSR Hotline - Call 24/7Share Your Questions &Comments! Q&A Hotline: (641) 715-3900 followed by extension number and #: 514049# you can call, delete, re-record, your feedback is appreciated!