Recession coming, gold price to skyrocket like hot knife through butter – Peter Schiff

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More monetary stimulation will come to stop an impending economic downturn, and a larger cash supply would be bullish for gold, this according to Peter Schiff, CEO of Euro Pacific Capital.

" I think that individuals have actually obtained this wrong, everyone is looking at this occasion as deflationary, but it is actually the contrary. You're mosting likely to have a reduction of manufacturing, so less supply of goods, and also the globe is mosting likely to be flooded with money," Schiff told Kitco Information
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