Author: Brian Hyland

Could America end up with a new currency? Journalist Alex Newman says, “I think there are two competing forces here. Trump and Pence have both praised the gold standard. They have both publicly said the gold standard would be awesome. Trump has acknowledged that it would be difficult to go back to it, but it would be great. We would have a real economy with money that is based on something real. . . . Then on the other hand, you have the Globalists. I did a cover story on this in 2008 and the effort to move us to a global currency. . . . There is a very real risk that if they manage to collapse the economy, and I do believe they could do this, they then would come out and say we’ll save you. We’ll make sure your grocery stores have food in them again. All you have to do is accept this new global currency called an SDR. . . . So, we have two competing ideas. One that would install an honest money system, and one that would enslave humanity. We have to hope and pray that the good one wins out.”

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Money manager Peter Schiff issues a stark warning, “This is not going to end well, and I don’t think the Fed is going to be able to save us again. If you get it wrong this time, you’re done. You are down for the count. You just can’t hold and hope. If the stock market gets cut in half again, the Fed is not going to bail you out with another round of quantitative easing. They’re not going to bail you out with rate cuts because the next time the Fed tries to do that, it will destroy the dollar. I am confident of that.”
What about gold in a rising rate environment? Schiff says, “Gold can go up when rates are rising. In fact, gold will go up when rates are rising. Rates are generally rising because you have more inflation. More inflation is good for gold.”
Join Greg Hunter as he goes One-on-One with Peter Schiff, founder of Euro Pacific Capital.
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Trader/analyst Gregory Mannarino predicts, “We are going to face a moment when bonds are going to sell off rapidly, and no action by world central banks is going to be able to stop the bleeding. That means yields will spike very, very rapidly. . . . You get a sell-off in the bond market. You get a sell-off in the stock market, and as you know, money will not go to money heaven. It will go somewhere, and it will go into suppressed assets, things they have been rigging now for a decade. How can world debt explode the way it is doing and certain assets, and I am referring to gold and silver here, not also be exploding to the upside? This is all being done to prop up the markets, and there is going to be an awful price to pay for this.”

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