LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Stacking The Next QE On Top Of A $4 Trillion Fed Floor
By: Daniel R. Amerman

Gold, Silver, & SP500: Key Waves In Play
By: Captain Ewave

When a Bear Rally Becomes Unstoppable
By: Rick Ackerman, Rick's Picks

Asian Metals Market Update: February-19-2019
By: Chintan Karnani, Insignia Consultants

Gold Market Update: Like Pavlov's Dog..
By: Clive Maund

Modern Monetary Madness
By: John Mauldin

Silver Market Update: Double Bottom on the 10-year chart..
By: Clive Maund

Asian Metals Market Update: February-18-2019
By: Chintan Karnani, Insignia Consultants

COT Gold, Silver and US Dollar Index Report - February 15, 2019
By: GoldSeek.com

Retail Apocalypse and Carmageddon Continue to Pick up Speed as Predicted Here
By: David Haggith

 
Search

GoldSeek Web

 
GoldSeek Radio Nugget: Peter Schiff and Chris Waltzek

GOLDSEEK RADIO
By: Chris Waltzek, GoldSeek.com Radio

 -- Published: Thursday, 7 December 2017 | Print  | Disqus 

Highlights

  • As the holiday season approaches, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) returns with glad tidings for PMs investors.
  • Our guest is particularly keen on the prospects of the silver market.
  • Regarding Bitcoin (BTC), Peter Schiff notes, "... it (Bitcoin) could grow to be the biggest bubble in the history of the world..."
  • Bitcoin and cryptos represent, "... an indictment of the Euro and the Dollar... BTC could run to $20,000 on FOMO or fear of missing out."
  • Merely 1% own BTC, 3 million - the potential for widespread adoption combined with Metcalfe's Network Law.
  • Contrary to naysayers, the true market bubble is clearly US shares, implying much higher BTC / PMs prices, well over $100,000 to even $1,000,000 per BTC.
  • The host finds BTC mining comparable to PMs mining, which also requires tremendous energy expenditure, resulting in a unique store of wealth.
  • BTC continues to accumulate the brightest engineers / developers and computer ASIC / Sha-236 hashing power.
  • The net result is an unrivaled digital, peer-to-peer, monetary system, and an unregulated miracle.
  • While the guest finds BTC mining amid elevated prices profitable, the host notes lower prices effectively decrease mining difficulty rates.
  • The duo concur; everyone must procure PMs insurance to guard against increasingly ominous financial conditions, worldwide.
  • Peter Schiff calls for $5,000-$10,000 per ounce gold, similar to BTC which is quickly approaching $15,000.
  • The topicality includes the importance of cold storage for BTC and related Altcoins.

 


| Digg This Article
 -- Published: Thursday, 7 December 2017 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.