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“This Is Happening Faster Than Expected” (Gold & Silver Warning) – Peter Schiff

The Peter Schiff gold case in one sentence: the market sold the metal because the Fed started hiking, and he thinks that is exactly the wrong way round. Gold ran to about $5,600, broke, and now sits near $4,100. Schiff argues the selloff came from a misreading – traders saw the Fed turn from cuts to hikes and treated it as a headwind, when the hikes are far too small to catch up with inflation.

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