By SchiffGold – Peter Schiff’s Gold Company ….
Peter Schiff believes the Federal Reserve’s December interest rate hike was actually the end of the Fed’s tightening cycle that began with the first talk of tapering quantitative easing (QE) several years ago.
Economic data will continue to be weak, and the US will likely be in an official recession in 2016 if it isn’t already. The Fed will be forced to restart QE and lower interest rates again, maybe even into negative territory.
When that happens, investors who have been selling gold on expectations of economic health will have to reverse their bets and begin buying as gold rallies.