The Federal Reserve claims quantitative easing is over — but this week proved otherwise.
In this SchiffGold Friday Market Wrap, Peter Schiff explains why the Fed’s new Treasury-buying program is QE in everything but name, and why this shift is already sending gold and silver sharply higher. Despite rate cuts, long-term yields are rising, the dollar is weakening, and inflation pressures are building again.
Gold closed the week above $4,300, silver surged past $60, and mining stocks are now confirming the bull market. Meanwhile, Bitcoin continues to lag as real money takes center stage.
Peter breaks down:
Why the Fed had to restart QE
Why bond yields are rising anyway
Why inflation is not going back to 2%
Why gold, silver, and miners are leading the next leg higher
Why waiting for “the dip” is a mistake
If you’re still sitting on the sidelines, this is the week that changed everything.