As Posted to the Kitco News YouTube Channel on 8/3/2020

Part 3 of 3 (Run Time 7:19)

Quantitative easing by the Federal Reserve has undoubtedly expanded the Fed balance sheet to record levels, but the outcome on consumer and asset prices is yet to be seen according to best-selling author Jim Rickards and Peter Schiff, CEO of Euro Pacific Capital.

In this final segment of the three-part Kitco News interview, Rickards and Schiff argue that inflation of asset prices is the likely outcome.

Other parts of this interview can be found here:

Part 1: Rickards and Schiff Give Gold Forecasts

Part 2: Rickards and Schiff Discuss Coming Monetary Collapse

(This is Blog Post #863)

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.