Premium Only Content
Peter Schiff Warns: Get Ready for a Sovereign Debt Tsunami
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, engages in a crucial conversation with Peter Schiff, founder of Schiff Gold and Chief Market Strategist of Euro Pacific Asset Management. Schiff draws unsettling parallels between the current macro environment and the prelude to the 2008 financial crisis, emphasizing that this time, the repercussions could be even more severe. In a frank discussion, he posits that the Federal Reserve faces a stark choice—between averting a colossal financial collapse and safeguarding the integrity of the U.S. dollar. Schiff delves into the intricacies of the escalating U.S. debt crisis and shares his insights on the future trajectory of gold prices. Stay tuned for an in-depth analysis that explores the delicate balance the economic landscape is treading.
Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Peter Schiff on X: @PeterSchiff (https://twitter.com/PeterSchiff)
00:00 - Intro
01:50 - It's feeling a lot like 2007, what's next?
04:52 - Data revisions
08:31 - Market reaction
11:09 - It’ll be worse than 2008
12:27 - The trigger to watch
16:38 - Currency collapse
27:08 - What's the alternative to USD?
38:21 - What derails Peter Schiff's outlook?
43:46 - Geopolitical situation
46:24 - Gold forecast
54:18 - U.S. election
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
SUBSCRIBE to our channel to stay up to date on the latest market and industry news.
For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com
To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com
Stay connected:
Twitter - https://twitter.com/kitconewsnow
Instagram - https://www.instagram.com/kitconews
Facebook - https://www.facebook.com/KitcoNews
LinkedIn - https://www.linkedin.com/company/kitconews
StockTwits - https://stocktwits.com/kitconews
Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/
Learn more about Kitco News: https://www.kitco.com/news/about/
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising
Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News.
-
22:16
Kitco NEWS
4 days agoStock Market Hits New Highs While Consumers Fall Behind: Adam Taggart on the US Economic Split
258 -
2:00:10
Bare Knuckle Fighting Championship
3 days agoCountdown to BKFC on DAZN HOLLYWOOD & FREE LIVE FIGHTS!
28.3K2 -
2:53:01
Jewels Jones Live ®
1 day agoA MAGA-NIFICENT YEAR | A Political Rendezvous - Ep. 103
40.5K19 -
29:54
Michael Franzese
8 hours agoCan Trump accomplish everything he promised? Piers Morgan Article Breakdown
67.7K43 -
2:08:19
Tactical Advisor
12 hours agoThe Vault Room Podcast 006 | Farwell 2024 New Plans for 2025
152K11 -
34:12
inspirePlay
1 day ago $4.64 earned🏆 The Grid Championship 2024 – Cass Meyer vs. Kelly Rudney | Epic Battle for Long Drive Glory!
60.2K8 -
17:50
BlackDiamondGunsandGear
10 hours ago $1.18 earnedTeach Me How to Build an AR-15
36.4K4 -
9:11
Space Ice
1 day agoFatman - Greatest Santa Claus Fighting Hitmen Movie Of Mel Gibson's Career - Best Movie Ever
99.6K43 -
42:38
Brewzle
1 day agoI Spent Too Much Money Bourbon Hunting In Kentucky
65.3K12 -
1:15:30
World Nomac
18 hours agoMY FIRST DAY BACK in Manila Philippines 🇵🇭
49.5K9