Peter Schiff Says U.S. is Powerless to Prevent Runaway Inflation, Silver to Soar to $100
Commodities / Gold and Silver 2010 Sep 12, 2010 - 01:23 AM GMTBy: Videos
Peter Schiff forecasts that Silver could reach $100 following a collapse of the U.S. Dollar as he says “The United States right now is completely powerless to prevent runaway inflation”, as the U.S. continues with policies of more economic stimulus and bigger deficits.
“I think growth is real around the world and I think inflation, unfortunately, is very real. Central banks are much too easy. They’re printing much too much money. Prices for commodities like oil are going to rise.”
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