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Peter Schiff & Chris Waltzek on GoldSeek Radio – October 14, 2015

Thursday, October 15, 2015 6:30

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(Before It's News)

by Chris Waltzek
GoldSeek Radio

Chris welcomes Peter Schiff, Chairman of SchiffGold.com – the discussion includes less than robust economic reports including sluggish retail sales. Peter Schiff thinks the economic recovery is less than genuine; conditions are far more dire than reported. According to a major EU investment bank Saxo, gold may have found a solid bottom – the yellow metal could soar as high as $1,400. However, Peter Schiff thinks the figure is conservative, given the recent failure by Fed policymakers to raise rates. His findings indicate the true Fed agenda involves preparations for the next round of monetary easing, QE4. Bullion supply conditions remain constrained – the US Mint and the Canadian Mint are unable to meet demand due in part to weekly silver coin quotas.