Peter Schiff(@PeterSchiff):Gold's morning rise of over $100 is a clear no-confidence vote in the Fed's 25 basis point rate hike. Investors would rather own gold with no yield than 10-year Treasuries with a 5% yield, as that is not nearly enough to offset the purchasing power that will be lost to inflation.

Peter Schiff

@PeterSchiff

Chief Economist & Global Strategist Chairman Founder Host Best-selling Author

가입 July 2009

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Peter Schiff@PeterSchiff

2026.09.17 12:56

Gold's morning rise of over $100 is a clear no-confidence vote in the Fed's 25 basis point rate hike. Investors would rather own gold with no yield than 10-year Treasuries with a 5% yield, as that is not nearly enough to offset the purchasing power that will be lost to inflation.

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