Peter Schiff’s interview with Varney on Fox.

  • Gold is consolidating in preparation for another big move up.
  • People are getting complacent and think things are getting better, but that’s only because governments are printing money. People will soon start to see the inflation.
  • Japan will start to see high rises in inflation.
  • Inflation is the new monetary policy for CBs.
  • Markets are currently blindsided and won’t see inflation until it gets much worse.
  • CPI numbers are phoney and designed to hide inflation.
  • Bond bubble will eventually burst and that money will chase real goods.
  • Would be shocked if there wasn’t an explosive move up in gold in next 2-3 years.
  • It will hit the fan in Obamas 2nd term  – Currency crisis & Sovereign debt crisis.
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