Greg Hunter of USAWatchdog interviewed Axel Merk about a broad range of topics this week. Merk talked about how the Federal Reserve’s policies do nothing for Main Street and why Yellen’s Fed is not going to stop the money spigot or raise interest rates anytime soon. They also spoke about the shortages of physical gold and silver due to higher and higher safe haven demand.
“Sure enough, when gold goes up for 12 years in a row, guess what? Some people use leverage. And so there has to be liquidation when the price plunges. That doesn’t mean there isn’t any demand there, of course. I don’t think of it as manipulation. I think of it as an opportunity. While the paper market is deleveraging, that provides opportunity, because the nominal price is lower. And it’s a buying opportunity if you want to buy the physical. That’s exactly what’s happening, that’s why there are shortages.”
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Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!
Outsmarting Money-Printing with Gold & Silver (Video)
Greg Hunter of USAWatchdog interviewed Axel Merk about a broad range of topics this week. Merk talked about how the Federal Reserve’s policies do nothing for Main Street and why Yellen’s Fed is not going to stop the money spigot or raise interest rates anytime soon. They also spoke about the shortages of physical gold and silver due to higher and higher safe haven demand.
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!