'$12k Minimum' for GOLD This Cycle - 'We Can Go a LOT Higher': Peter Schiff

Peter Schiff thinks that although we've recently hit new all-time highs for gold, this is only the beginning of an epic rise that will completely shock the world and markets by reaching at least $12,000 this cycle. Peter also discusses why triple-digit silver is almost a certainty, why gold and silver mining stocks are still tremendously undervalued, how the Fed's move to cut rates in the face of rising inflation could ignite the precious metals sector, and much more.

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00:00 Introduction
01:02 $12k Minimum for Gold
07:51 US Dollar Versus Gold
11:42 Triple Digit Silver Incoming?
13:16 Gold and Silver Mining Stocks
20:26 Fed Abandons Inflation Target
23:32 Privatizing Fannie and Freddie
27:24 Decline of US Hegemony
29:08 Is the Stock Market in a Bubble?