It doesn't look as if Schiff foresight coincideswith the overly hopeful around here of gold spiking up anytime soon.
He speaks of inflation, but inflation has only been ticking upward very gradually.
When Trump takes over, the guy who said he loves debt - that's what he will do is expand debt.
With debt expansion like the 2020-2021 fiscal and credit debacle, the money printing then led to the huge inflation spike of 2022.
The one catch - the expansion had an18 month lead on inflation.
If Trump goes nuts on spending, inflation won't trigger the price of gold upwards significantly while factoring in subsequent lag time, until the Summer of 2026.
Schiff's exact words: "With no end in sight for the Fed's money printing there's a distinct possibility that gold's price could increase by many multiples over the next couple of decades"
How convenient of this lot here to leave these particular details out of the mix and just sensationalize the glowing end result for gold many months before it could even start to happen.
What is in the offing is a correction in the gold price going into 2025, as Martin Armstrong laid out giving the reasons for it in the interview posted by garzillalives ... and long before any inflation driven gold spike to new heights comes to pass.