By Gary Christenson -Re-Blogged From Gold Eagle
Peter Schiff explained “What Happens Next.” This article takes his “likely sequence of events” and expands the discussion.
- Bear Market
- Deficits explode
- Return of ZIRP and QE
- Dollar tanks
- Gold [and silver] soars
- CPI spikes
- Long-term rates rise
- Federal Reserve is forced to hike rates during a recession
- A financial crisis without stimulus or bailouts.