As Posted to the Kitco News YouTube Channel on 7/30/2020

Part 1 of 3 (Run Time 14:35)

Gold prices have hit all-time highs, but in this Kitco News interview, industry heavyweights Jim Rickards, best-selling author, and Peter Schiff, CEO of Euro Pacific Capital, both think that the rally is far from over. Rickards’ analysis gives a five-year gold price target of $15,000 an ounce. Schiff, too, sees this as just the start of the bull cycle, adding that an imminent U.S. dollar collapse will be a major catalyst in sending gold prices much higher.

Other parts of this interview can be found here:

Part 2: Rickards and Schiff Discuss Coming Monetary Collapse

Part 3: Rickards and Schiff on Deflation vs Inflation

(This is Blog Post #861)

James G. Rickards is an American lawyer. He is a regular commentator on finance, and is the author of The New York Times bestseller Currency Wars: The Making of the Next Global Crisis, published in 2011 as well as biennial followup books, James Rickards is the Editor of Strategic Intelligence, a financial newsletter, and Director of The James Rickards Project, an inquiry into the complex dynamics of geopolitics + global capital.

Peter Schiff is an American stock broker, financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut.  He is also the author of six books published by John Wiley & Sons. His book, Crash Proof 2.0, appeared on both the New York Times and the Wall Street Journal bestseller lists.