Peter Schiff explains how every country is dealing with inflation due to the printing of too much money by central banks, making gold an attractive investment option.
Now, we don’t just have a weak economy, we have strong inflation.
In the past, Bank of England officials worried that inflation was “too low.” Peter said nobody over there will be talking about that again anytime soon — probably for the rest of our lives. That was a pretense. But now, it’s clearly much too high, and there is no way they’re going to get that inflation rate back down below 2%. They’re probably not going to get even close to 2%. And the same thing is true with all these other countries in Europe.
Even with rising prices, the Bank of Japan is targeting the yield on the 10-year Japanese Government Bond at 50 basis points. Price inflation is over 300 basis points.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Cult Beauty slashes 50 per cent off 'amazing' Ordinary skincare set to just £12The set has received glowing online reviews - with shoppers already eager to buy more.
Lire la suite »
Abbey and Peter Crouch's daughter rushed to hospital in 'terrifying' emergencyPETER Crouch and his wife Abbey Clancy have revealed they rushed their daughter to hospital in a “terrifying” emergency dash. The former football player and the catwalk model opened up …
Lire la suite »
Peter Crouch and Abbey Clancy’s daughter in ‘terrifying’ hospital dashModel Abby Clancy was left feeling 'vulnerable' after a 'scary' hospital dash with husband Peter Crouch after their daughter Sophia, 12, contracted meningitis during a family holiday
Lire la suite »
UK, the Unicorn Kingdom where gold's paid for AI fairy dustDungeon master Sunak talks up 'funky' Silicon Valley sales pitch while schools left without maths teachers
Lire la suite »
Peter Crouch and Abbey Clancy rush their daughter to hospital on holiday in 'terrifying' meningitis scarePeter Crouch and Abbey Clancy have opened up about the 'terrifying' rush to get their daughter to hospital in Portugal, after she caught meningitis on a family holiday
Lire la suite »