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Gold Rally Continues, Yuan/Dollar Peg Explained – Ep. 45

The Peter Schiff Show

  • Biggest 7-day surge in Gold prices since 2011
  • U.S. GDP will be lower than in Canada this year
  • Canadian gold production will rise in 2015
  • Gold is rising against most currencies except the Swiss Franc
  • The IMF still believes the U.S. economy is recovering
  • Outlook for gold in Australia is also positive
  • The Yuan will probably be the next peg to go, allowing it to rise against the dollar
  • The American workforce is being rewarded for incurring large debt to engage in unproductive careers