GOLDSEEK RADIO

GOLDSEEK RADIO


Peter Schiff, Gerald Celente, Chris Waltzek Ph.D. & Robert Ian - Februray 8th, 2019 - Goldseek.com Radio. A Spina-Waltzek Production-©2005-2019 http://radio.goldseek.com/ Royalty free music from Google Play. Disclaimer: this show is presented as in

February 01, 2019

Feb. 8th, 2019(S14-E682)Featured GuestsGerald Celente and Peter SchiffPlease Listen HereShow HighlightsGerald Celente returns from the Trends Research Institute and Globalnomic® Trend Forecaster with key insights.Venezuela is on the verge of chaos as President Maduro faces a coup and perhaps even pressure from US military forces.Already over 3 million people have fled the nation.A key method of transferring their wealth remains gold and cryptos, underscoring the significance of safe haven investing.Some pundits suggest caution as key BRICS nations also seek maintain oil interests in the country and surrounding nations.Mr. Celente fears most of S.A. could face implications for the citizens in the region.The duo concur that the Fed has finished the QT rate hike cycle and will likely return to monetary expansion / QE operations.Last year the combined gold purchases of global central banks reached an epic level.The Trend's Journal predicted the gold bottom at $1,200, missing the mark by only 1%; the low was $1,18.The duo agree that the price may never again test the $1,185 level.Gerald Celente notes the bulk of US bullion may no longer be present in the vaults of Ft. Knox, the NY Fed and West Point. Chris's late father guarded the gold vaults of Ft. Knox; he confirmed gold was present in the 1960's, however over 50 years earlier. Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) offers his latest financial insights.The US Fed halted QT operations 6 months in advance, hinting in recent "Fed Speak" rhetoric that QE operations could soon commence.The Fed could soon combat slowing global economic conditions and the impact of the trade war between the US and China.Analysts suggest this could lead to runaway inflation, as the Fed's balance sheet was barely reduced before new QE injections.Monetary policymakers are pushing on a string, their QE and rate cut operations are far less effective.This point is revealed by the tiny reduction in their balance sheet during the 10 year economic miracle.The early end of the rate hike cycle is de facto evidence that policymakers are loosing control ahead of an inflationary collapse.The duo concur the opportunity the PMs share is impressive.Peter Schiff expects at least a 50% climb in the price of gold that will launch the leveraged gold shares into orbit. Subscription Options                                     Monthly : $29.89 USD                                      - monthly                                     Annual : $142.85 USD                                      - yearly                                     5 year : $487.00 USD                                      - yearly                                     10 year : $973.00                                      USD - yearly                                    Pleas