Despite
the
coordinated
efforts
of
the
PTB
to
cap
the
price,
gold
has
still
ascended
about
10%
in
2017.
Their
efforts
are
in
vain
as
the
price
of
gold
will
inevitably
reach
its
intrinsic
value,
north
of
$2,000.
The
gold
revival
could
be
abrupt
as
investors
scramble
to
procure
the
metal
at
almost
any
price.
Peter
Schiff
expects
the
nascent
gold
bull
market
hinges
on
a
shift
in
Fed
policy
to
rate
cuts
and
renewed
QE4.
Home
ownership
remains
near
60
year
lows;
the
housing
market
is
approaching
Bubble
2.0
levels.
Commercial
real
estate
is
also
in
jeopardy
due
to
excessive
vacant
space
amid
a
"Retail
Apocalypse."
Peter
Schiff
calls
for
lower
government
oversight
/
regulation
to
reduce
the
burden
of
employment.
US
educators
are
encouraged
to
implement
an
apprenticeship
program.
Peter
Schiff
cautions
investors
to
avoid
paper
gold
contracts
-
gold
bullion
presents
the
best
opportunity
for
wealth
preservation.
In
Part
I
of
this
riveting
discussion
with
global
financier,
Martin
Armstrong
ofArmstrong
Economics,
discusses
his
two
upcoming
seminars.
The
Forecaster
was
one
of
the
few
to
correctly
anticipate
the
runaway
bull
market
in
US
equities.
He
is
calling
for
23,000
Dow
and
if
that
is
eclipsed,
perhaps
a
parabolic
move
as
the
general
public
lost
its
appetite
for
shares
during
the
2009
crash.
Our
guest
expects
the
European
Central
Bank
(ECB)
to
file
for
bankruptcy
protection,
culminating
with
higher
rates.
According
to
his
capital
flow
analysis,
he
presents
contingency
plans
for
investors
to
shield
their
portfolios
from
the
onslaught,
including
gold.
The
sea
change
event
will
facilitate
the
Internet
of
Things
(IoT),
encourage
artificial
intelligence
and
lead
to
breakthroughs
not
yet
anticipated
by
even
top
notch
SciFi
writers
(figure
1.1).
Please
Listen
Here
Dial-Up
Real
Audio
MP3
FAST
Download
Highest
Quality
Download
Right
click
above
&
"Save
Target
As..."
to
download.
To
learn
more
about
software
needed
to
play
the
above
formats,
please
visit
the
FAQ.
Guest
Biographies
Peter
Schiff
Schiff
Gold
Peter
Schiff
President
&
Chief
Global
Strategist
Peter
is
one
of
the
few
investment
advisors
to
have
correctly
called
the
current
bear
market
before
it
began
and
to
have
positioned
his
clients
accordingly.
As
a
result
of
his
accurate
forecasts
of
the
mortgage
meltdown,
credit
crunch,
and
decoupling
of
commodities,
precious
metals,
and
foreign
markets
from
the
U.S.
Dollar,
he
has
become
a
sought-after
economic
commentator
on
a
range
of
investment
topics.
Peter
delivers
lectures
at
major
economic
and
investment
conferences,
and
is
quoted
often
in
the
print
media,
including
the
Wall
Street
Journal,
New
York
Times,
L.A.
Times,
Barron’s,
BusinessWeek,
Time
and
Fortune.
His
broadcast
credits
include
regular
guest
appearances
on
CNBC,
Fox
Business,
CNN,
MSNBC,
and
Fox
News
Channel,
as
well
as
hosting
a
weekly
radio
show.
As
an
author,
he
has
written
four
best-selling
books,
including
his
latest:
"
Crash
Proof
2.0:
How
to
Profit
from
the
Economic
Collapse"
and
"How
an
Economy
Grows
and
Why
It
Crashes."
Martin
Armstrong
was
once
a
US
based
trillion
dollar
financial
advisor,
developed
a
computer
model
based
on
the
number
pi
and
other
cyclical
theories
to
predict
economic
turning
points
with
eerie
accuracy.
In
the
early
80s
he
established
his
financial
forecasting
and
advising
company
Princeton
Economics.
His
forecasts
were
in
great
demand
worldwide.
As
Armstrong's
recognition
grew,
prominent
New
York
bankers
invited
him
to
join
"the
club"
to
aid
them
in
market
manipulation.
Martin
repeatedly
refused.
Later
that
same
year
(1999)
the
FBI
stormed
his
offices
confiscating
his
computer
model
and
accusing
him
of
a
3
billion
dollar
Ponzi
scheme.
Was
it
an
attempt
to
silence
him
and
to
prevent
him
from
initiating
a
public
discourse
on
the
real
Ponzi
Scheme
of
debts
that
the
world
has
been
building
up
for
decades?
Armstrong
predicts
that
a
sovereign
debt
crisis
will
start
to
unfold
on
a
global
level
after
October
1,
2015
-
a
major
pi
turning
point
that
his
computer
model
forecasted
many
years
ago.
Starting
at
a
very
young
age,
Martin
Armstrong
displayed
an
entrepreneurial
spirit
and
an
analytical
ability
that
were
far
too
complicated
for
others.
As
a
child
he
was
already
collecting
coins,
and
before
long
he
would
be
trading
in
gold.
As
an
adult,
he
started
the
company
Princeton
Economics
International.
Based
on
a
self-designed
model,
in
which
the
mysterious
number
Pi
plays
an
intrinsic
role,
he
was
able
to
calculate
developments
in
the
world
economy.
His
predictions
about
stock
crises
or
currency
problems
were
eerily
accurate,
and
he
built
up
a
clientele
that
consisted
of
powerful
players
in
the
global
economy.
