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    Peter Schiff - Digital Age Tulip Mania Is Here Seeking Fools to Buy 'Greater Fool' Assets

    MAGAA777
    MAGAA777 - 405 Views
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    Published on 23 Mar 2021 / In News and Politics

    Peter Schiff - Digital Age Tulip Mania Is Here Seeking Fools to Buy 'Greater Fool' Assets

    Returning SBTV guest Peter Schiff, CEO of Euro Pacific Capital, warns that we are once again witnessing a digital age tulip mania in 'greater fool' assets such as bitcoin, cryptocurrencies, and non-fungible tokens(NFT). Peter believes gold and silver are the best assets for wealth protection despite them being undervalued and under-owned.

    Peter Schiff's Euro Pacific Capital: https://www.europac.com

    Discussed in this interview:
    00:00 Introduction
    01:26 Markets not taking inflation specter serious enough
    06:18 Consumption economy is a bubble economy
    10:04 The dollar has to crash for economic reset
    13:30 Student loan debt forgiveness a moral hazard
    16:33 Darkest days are ahead, not behind
    20:25 It's tulip mania again but in the digital age
    24:32 Economic power shifts from west to east

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    Borrow funds with your gold & silver: https://www.silverbullion.com.sg/Loans​​
    Silver Bullion Twitter: https://twitter.com/SilverBullionPL

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