People should ditch dollar, fiat currencies in general & buy gold which is ‘a real safe haven’

The real driver behind the rise of gold prices is the world’s central banks’ buying spree, says Peter Schiff of Euro Pacific Capital. The veteran broker tells RT's Boom Bust, false optimism based on expectations of a US-China trade deal which is “not going to happen” was also driving the price. He explains that last week’s sharp rise of interest rates was due to growing inflation pressures in the economy and because there’s not enough demand for all of the bonds being sold. “All of this is very bullish for gold and so rather than simply selling bonds people should be buying gold because they need to get out of the d

Read More Details
Finally We wish PressBee provided you with enough information of ( People should ditch dollar, fiat currencies in general & buy gold which is ‘a real safe haven’ – Peter Schiff tells Boom Bust )

Also on site :

Padres Release Jason Heyward
UNHCR: 2.5M refugees need resettlement as US freezes program
Adidas Has 'Sleek' $180 Running Shoes for Just $90, and Reviewers Say They Feel Like They’re 'Walking On Clouds'

People should ditch dollar, fiat currencies in general & buy gold which is ‘a real safe haven’ – Peter Schiff tells Boom Bust ...News

Stealth leak: India‑born B‑2 engineer sold secrets to China - espionage revisited

Reading, Resistance, and Rocket Science: This Week’s Gay Agenda

Why Ousmane Diomande Is Among Europe’s Most-Coveted Centre-Backs This Summer

Hurdler suffers very embarrassing wardrobe malfunction as privates are exposed during race… but he still wins

Miss Manners: My fun party game went off the rails when my guest was arrested

Intelligence assessment says Iran's nuclear program was only set back 'a few months'

‘The Traitors’ Gets Season 2 Greenlight at Prime Video India (EXCLUSIVE)

Tick-borne disease cases, with one death, confirmed in Kanto region

Innovateur du marché des vélos électriques, Avinox présente sept nouveaux vélos partenaires à Eurobike 2025

VA Announces Benefit Milestone: 'All-Time Record'

Sunil Gavaskar cancels India’s optional practice sessions after awful fielding display in Leeds Test

7 Israeli Soldiers Killed in Gaza, Military Says

US Secretary of State Rubio: We're going to continue to engage with Russia

What happens when two clubs finish on equal points in FIFA Club World Cup 2025 group stage?

Heavy rain leaves southwest China under water; more storms on horizon