The final 60 minute weekly episode of Freedom Watch aired today. Watch it below in the embedded playlist. Please note that Freedom Watch begins it’s live daily run next Monday September 14th at a yet to be determined time slot. The daily show will be 30 minutes long.
The video capture of this week’s show contains two noticeable pauses in the audio and video. The audio/video will continue momentarily. Just be patient. If you’d like to watch a higher quality version of the show then please check out Foxnews.com for the video when it will likely be posted later today.
Peter Schiff "we are in a major Bull Market I think we are going a lot higher. The spot price of gold is still below 1,000 and I think you got the futures markets going above 1,000. But if you look at the ETF GLD, SPDR Gold Trust (ETF) its at 980 and in March of last year it briefly traded above a thousand.I think we are going through a 1,000 (...) we are going to have gold 2,000, gold 3,000, gold 4,000. Everytime it hits another milestone we are going to have another party." and he added that Gold prices may continue to rally to $2000 $3000 $4000 an ounce , "They all think there's no inflation," Schiff says. "They think gold must be going up for some other reason or that there’s no problem with the American economy.” Peter Schiff of Euro Pacific Capital said early on Fox Business channel
“If you’re buying gold because you think the dollar’s going to lose value, you’re buying it as an inflation hedge.”
The Chinese government, Peter Schiff pointed out, is encouraging its citizens to buy gold and silver because officials know the value of these precious metals will rise. “They know they’re going to try and get rid of the dollar, which means gold and silver have to go up and they want their citizens to have real money.”
“It’s unfortunate our politicians and central bankers haven’t figured it out.” shiff added
