Article • about 1 year ago

Peter Schiff Issues Grave Warnings on Soaring Oil Prices and Upcoming Financial Crisis

Summary

Oil prices crossing above $92.50 and predicting a rapid increase in the cost of living due to inflation.
Decline in gold prices despite rising oil costs and suggesting that gold should be increasing.
Warning of potential gas prices exceeding $10 per gallon and higher inflation rates than in the 1970s.