Peter Schiff – Debt Bomb Crash like 1987?

Economy is headed for a recession.

The stock market went up in anticipation of all these growth policies that didn’t materialize.

Trade deficit is the highest in 6 years.

If you take out oil it is the biggest deficit ever.

You have a trade deficit and a government deficit that will push the dollar down.

The dollar is off to it’s worst start.

Dollar is going to hit a record low versus the Chinese Yuan.

Dollar was falling from 1985 -1987.

When the dollar goes down the interest rates go up.

Cost of putting on a hedge on treasuries will wipe out any chance of any profit.

If Americans doe’t want to buy Treasuries why would a foreign government?

Treasury says they are going to shrink the balance sheet. That means they have to find a buyer.

If the central bank of the US doesn’t want to buy any treasuries why would the central bank of China want to be buyers?

Why did we have the last financial crisis – because there is too much debt.

We can’t survvive a rising interest rates. Because we have so much debt!

Want to hear more from Peter? Listen to Schiff Radio for his latest podcast. Buy and updated version of Peter’s book The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country Just click the book image at the bottom of this post.

Please Subscribe to the Free Precious Metals Investing Newsletter here if you haven’t done it already. 

Subscribe

Get the latest tips from the Precious Metals Experts.

Please Listen to the Precious Metals Investing Podcast

You can listen to some of the episodes right here at PreciousMetalsInvesting.com: Listen to the Precious Metals Investing Podcast here

Or even better you can subscribe to the podcast on iTunes here: Subscribe to the Precious Metals Investing Podcast on iTunes

Android Users can subscribe to the Precious Metals Investing Podcast at Google Play here: Subscribe to the Precious Metals Investing Podcast on Google Play

DISCLOSURE: If you purchase items though the links on this site such as the Amazon Links, PreciousMetalsInvesting.com will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Purchasing here will help us continue to bring you the precious metals investing information you need. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.

The content provided here is for informational purposes only. Investor’s situations vary so make sure you consult with your own financial adviser before making any investment decisions. Not all investments are suitable for all investors. Users agree to hold preciousmetalsinvesting.com, its owner and affiliates, harmless for all information presented on the site. PreciousMetalsInvesting.com presents no warranties. PreciousMetalsInvesting.com is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access PreciousMetalsInvesting.com, any linked content, or the reliance on any information on the site.

The information contained on this site does not constitute investment advice and may be subject to correction, completion and amendment without notice. PreciousMetalsInvesting.com assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. PreciousMetalsInvesting.com disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result. The information supplied by the experts featured at https://preciousmetalsinvesting.com are assumed to be accurate.

 

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top