With continued volatility in gold, silver, oil and stocks, today King World News interviewed Peter Schiff, CEO of Europacific Capital. Schiff told KWN it’s inflation that is causing the move in stocks. He also discussed gold and the mining shares, but first, here is what Schiff had to say about oil and the situation in Iran: “I hope we don’t get involved in Iran. Anytime we get more involved in the Middle-East we create more problems. Maybe the administration is looking for something to blame the high oil price on, rather than admit it’s excess money printing causing the problem.”
Peter Schiff – Gold, Oil & The Fed’s Greatest Fear
Posted by Peter Schiff via King World News
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