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Fed's Balance Sheet Confirm QE5 - Ep 880

The Peter Schiff Show Podcast

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What's Going to Happen to the Gold Price?

The Federal Reserve has not only ended its tightening cycle, it's already began an easing cycle. The Fed is starting an ease with year over year inflation at 6%. Nowhere near 2%. But what do you think is going to happen to commodity prices when the Fed eases? They're going to go ballistic. Gold hit 1800 last week. That was the low 1800. I've been telling you that 1800s is support. So yes, better to buy it 1800 than 1976, which is where we are now,. Better to buy it 1976 than not buy it all and watch gold go through the roof next week. You got to buy this weekend. Don't even wait for Monday morning.

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