dollarfrom Greg Hunter:
Money manager Peter Schiff says gold and silver are not going fall dramatically in price from here.  Schiff says, “That’s not going to happen. There will be deflation. If you want to price things in gold, stock prices are coming way down in terms of gold. Real estate prices are coming way down in gold. Consumer prices are coming way down in gold. Commodity prices are coming way down in gold. They are not coming way down in dollar bills because the government can create as many of those as it wants… 
Every country that has gotten themselves into the mess were in, only on a smaller scale, there has always been a collapse in the currency…

cliff“I’m surprised [this dollar crisis] hasn’t happened already.  But I think it’s because the rest of the world has just been so brainwashed by the mainstream media, by the central bankers, by Wall Street, that they just haven’t figured out the problems that the Federal Reserve has created over the last seven years, with three rounds of quantitative easing and zero-percent interest rates. I think the US economy is poised on a much bigger cliff than the one we went over in 2008.” 

dollar“Eventually the foreign exchange markets are going to get wise to this con. They’re going to figure this game out, and they’re going to realize that the Fed is never going to deliver on this promise [of a rate hike], that rates aren’t going to go up, that the balance sheet is never going to shrink, that it’s going to grow in perpetuity.  And then there is going to be a currency crisis…
Peter Schiff’s EPIC Rant on CNBC is Below:

fall plunge[We are] Ultimately headed for a dollar crisis – next time when the dollar falls it will fall vs. the yuan. The next currency crisis will be much worse because when the dollar falls, China won’t be there to catch it.

collapse crashFrom Greg Hunter, USA Watchdog:

Money manager Peter Schiff, who wrote a book three years ago called “The Real Crash,” thinks the next calamity is well on its way.
Schiff says, “I think the next crash is going to be a dollar crash rather than a stock market crash. Certainly it is going to be an economic crash for the average American, and their cost of living goes skyrocketing.”
So, is the next crash going to be worse than the last meltdown? Schiff says, “It’s going to be much, much worse. If you understand what caused the 2008 financial crisis, it was the easy monetary policies of Alan Greenspan. . . . The monetary policies of Bernanke and Yellen dwarf what Alan Greenspan did. That was child’s play compared to what these guys have done. We have had zero percent interest rates for six years. We have had three rounds of quantitative easing (QE or money printing) and “Operation Twist.”

SchiffBen Bernanke’s biggest critic Peter Schiff gave CNBC an earful this weekend enlightening MSM viewers that the current central banks managed faux capitalism practiced by the west is… gasp…NOT CAPITALISM! 


In this MUST WATCH Bloomberg interview, Peter Schiff warns that China is poised to follow in the footsteps of the Swiss National Bank, and ditch the dollar peg- resulting in the Yuan soaring and a collapse of the dollar. 
Schiff warns the fallout will be a 10 on the economic Richter scale, and will occur prior to the end of 2015, when the Fed announces QE4- “which will be bigger than QE1, 2, & 3 COMBINED
Schiff’s full MUST WATCH interview is below: 

gold crashIn this interview from the Freedom Fest in Las Vegas, Peter Schiff gives his thoughts on the coming crash of the dollar and what it may mean for both Americans and Canadians.
Schiff, one of the sole market forecasters to predict the market crash in 2008 states that:

roofIn the past, when you could get 6 or 7 percent interest on a CD, and inflation was 2 or 3 percent, you were still ahead of the game. But now you get a half a percent on your CD and inflation is 2, 3, 4, 5, whatever it actually is – you’re losing. You can’t win. And so as more people wake up to this reality, the demand for gold is just going to explode worldwide.  And the price of gold is going to go through the roof.”  -Peter Schiff

Image: Jonny O'Callaghan

Image: Jonny O’Callaghan

Money manager Peter Schiff has a read on gold short sellers. Schiff says, “Of course the short sellers never had the gold to begin with!  They’re selling gold they don’t have, and I think the shorts are getting a little bit nervous, but they are going to get a lot more nervous as we turn up the heat here. Gold is now above $1,300 (per ounce).
I think it’s going to be above $1,400 before they start to panic a little bit, and I think that’s great.” Schiff goes on to say, “I like the fact the market is moving up and nobody is buying it, nobody is paying attention to it. If they are, they are dismissing it. People think this is a head fake or a dead cat bounce. Instead, it’s the resumption of the (gold) bull market.
On gold mining stocks, Schiff proclaims, “The valuations are phenomenal in the mining sector because everybody assumed that the price of gold was going to keep falling, and those false assumptions were built into these share prices.
Peter Schiff’s full thoughts on the coming tsunami of inflation, and the resumption of the gold (& silver) bull markets is below:

launch rocket verticalPeter Schiff gives CNBC a bit more than they bargained for in this interview in which CNBCS leads off with What is Wrong With Gold?
Schiff tells CNBC viewers:
As soon as most Wall St traders come to terms with how wrong they are about the true state of the US economy and what the Fed is going to do, they will be rushing back to gold…Imagine what would happen if the Fed tried to sell the $4 trillion in mortgage bonds it holds? We are headed right back into recession!…The Fed is going to come back with an EVEN BIGGER QE!
At some point, gold is going to go straight up, it will make a moonshot.  By the time the crowd figures it out, its going to be very expensive to buy gold!
Peter Schiff’s full MUST WATCH interview on QE, taper, bank collapse, and gold is below:

SchiffIn this month’s Sprott Money Ask the Expert, Peter Schiff discusses Bitcoin’s monumental 2013 (& why he would recommend avoiding the cryptocurrency), Janet Yellen (who Schiff labels as Bernanke on steroids), and his 2014 outlook for gold and silver.
Are the metals ready for a long overdue rally?
Schiff’s full interview is below:

After skyrocketing nearly 10 fold to $1,000 in under a year, Bitcoin is all the hype and rage as speculators join those convinced in the fundamentals, but is it a viable alternative to gold and silver for preserving one’s wealth, or is the e-currency a shooting star that will burn out and scorch investors?
Peter Schiff debates Stefan Molyneux on Bitcoin vs. gold- what is the future of money?

Ron Paul goldPeter Schiff joined our friend Sean from the SGTReport over the weekend to discuss the Federal Reserve, the impending collapse of the United States, and all things Obamacare.
As for the Fed’s recent announcement that QE will continue unabated Peter says, “The Fed will keep blowing air into the bubble until it bursts and the only thing that will stop them is a currency crisis… The Fed has to maintain the illusion and the only way to do that is with the drug of QE.”
On Obamacare and government entitlements Peter says, “We once had a great free market economy that was the envy of the world. People were coming here from all over the world to participate in FREEDOM. We had limited government and maximum prosperity. Even though we had no government benefits at all, the poor people from all over the world wanted to come here. Why did so many poor people want to come to a country with no welfare benefits, no medicare and no food stamps? Because they knew that the best way to get out of poverty was the OPPORTUNITY to work in a FREE MARKET… We had a great country and we screwed it up.

hPeter Schiff joins BNN’s The Street to discuss the Fed’s monetary policy ahead of this week’s October FOMC meeting, and the fact that the taper discussion is irrelevant- the Fed will be forced to do the opposite, and announce MOAR QE!
Schiff, one of the few economists to correctly state the Fed would continue with $85 billion a month in asset purchases ahead of the September FOMC in which a taper announcement was nearly universally expected, is forced to repeat himself over and over again as the BNN hosts simply are unable to fathom the reality of the US economic condition.
Schiff’s Must watch interview on QE ahead of this week’s FOMC statement is below: