Gold Will Smell Blood of Negative Rates-Peter Schiff

th_PeterCutoutBy Greg Hunter’s

Money manager Peter Schiff says forget about the Fed raising interest rates. The next move is down.  Schiff explains, “I think there is a pretty good chance we’re going to get 0% interest rates before the end of the year, and I think we’re going to get QE4.  We will see if the Fed is going to go negative, but they are going to do it eventually.”

On the falling markets, Schiff says, “Every decline, the Fed has come in and either launched another round of QE or hinted that another round of QE is coming. I said if they raised rates in December (2015), they would take that off the table because they would lose too much credibility to go back to QE so quickly.  So, that’s why the market keeps falling and the Fed can’t stop it. I got that right.” 

As heard on The Hagmann Report
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Douglas J. Hagmann has been a licensed investigator in the private sector for the last 30 years. As a private detective, Hagmann has worked well over 5,000 cases and is recognized as a surveillance specialist. He has worked as an informational and operational asset for various federal and state law enforcement agencies. Doug Hagmann now hosts a popular radio and video talk show each weeknight from 7:00-9:00 PM ET on the Global Star Radio Network and simulcast on YouTube and other venues.