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Gold Rally Continues, Yuan/Dollar Peg Explained – Ep. 45

The Peter Schiff Show Podcast
The Peter Schiff Show Podcast
Episode • Jan 21, 2015 • 22m




* Biggest 7-day surge in Gold prices since 2011

* U.S. GDP will be lower than in Canada this year

* Canadian gold production will rise in 2015

* Gold is rising against most currencies except the Swiss Franc

* The IMF still believes the U.S. economy is recovering

* Outlook for gold in Australia is also positive

* The Yuan will probably be the next peg to go, allowing it to rise against the dollar

* The American workforce is being rewarded for incurring large debt to engage in unproductive careers


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