Peter Schiff: Gold Would Explode With A Bernie Sanders Presidency

Via, Bernie Sanders has gained in the polls of late and only trails Joe Biden by about three percentage points, according to the latest Fox News poll. On top of that, Sanders matches up against President Trump. He leads 48% to 42% in a head-to-head matchup.

Source: Peter Schiff: Gold Would Explode With A Bernie Sanders Presidency

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What a Sanders win means is much bigger government deficits, and much more money printing by the Fed because there is no way to finance all of the spending that will happen with tax hikes on the rich. We’ll get tax hikes on the rich, but they’re not going to provide the revenue to pay for the programs.”

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While I like 2k$+ gold personally, the implications for the USA and the world.  It implies a catastrophic collapse in the global economy.

I’m old and probably will not see all the bad things that will happen with it.

Hopefully, the American electorate will come to their senses by election day.

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