Greg Hunter’s USAWatchdog had Peter Schiff explain his latest Gold Letter commentary addressing the Japanese government’s policy of debt monetization. Any way you slice it, the US government cannot rely on foreign banks buying US Treasuries forever.
“You gotta buy any dip [in gold]. Look, we’ve been in a bull market in gold for twelve years. This is not the first time gold’s gone down. Gold keeps going down, but every time it goes down, if you would’ve bought it, you would’ve done well.”