“The Fed, I think, is willing to sacrifice the dollar to keep propping up the bond market.  Even if we launch QE4, it may not have the effect on the bond market that prior round of quantitative easing had. They may lose control of the long end of the bond market I think the dollar is going to tank... In order for the Fed to keep the air from coming out of this bubble (in bonds), they will have to sacrifice the dollar.”
Where does that leave hard assets like gold?

SchiffThis is going to be a huge crisis. Alan Greenspan was on CNBC saying this is the worst thing he has seen in his career. He’s not talking about what has already happened. He’s talking about what is ABOUT to happen. He understands how screwed up the economy is because he helped screw it up. . . . One of these days, you are going to see gold moving up at $100 clips routinely when people really perceive the dangers in the fiat world and come to grips with how much money these central banks are going to PRINT…”

collapse“We’re Going to Have a Crisis”
Back before 2008 Peter Schiff was harshly criticized and laughed at for his predictions about a coming economic collapse.

Today, Schiff continues to argue that the economy is on a downhill trajectory, and this time there’ll be no stopping it…