Peter Schiff discusses gold, inflation, interest rates - more reason to own crypto

Peter Schiff discusses gold, inflation, interest rates - more reason to own crypto

By Dennis76 | Looking after yourself | 11 Nov 2020


Peter Schiff discusses the state of the world economy, particularly many Government's printing money schemes and how it inflates the price of gold (and Bitcoin) compared to the deflationary affect this printing has on the currency of that Government.

He also talks about how the stock markets around the world are in bubbles and are way over valued, as are the bond markets. Further reasons to move into crypto, and stay away from standard stock and property investments. Many countries are also in the middle of a property bubble. 

He also mentions that Governments are trying to get rid of cash, so they can keep tabs or eyes on what their citizens are doing. Yet another reason to move into crypto and away from currencies.

 

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Dennis76
Dennis76

Pretty new to crypto.


Looking after yourself
Looking after yourself

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