$PAXG
Peter Schiff: Gold and silver are retreating.. "Buy now"
Economic expert and investor Peter Schiff says that the rise in bond yields is once again putting pressure on gold and silver prices.
Schiff wrote on the X platform that the U.S. Treasury bond yield for 10 years surpassed 5.2%, while the 30-year bond yield exceeded 5.5%.
He added that the impact of higher yields on the economy, along with the federal budget deficit and inflation, supports gold and silver, concluding his message: "Buy now".
Peter Schiff: Gold and silver are retreating.. "Buy now"
Economic expert and investor Peter Schiff says that the rise in bond yields is once again putting pressure on gold and silver prices.
Schiff wrote on the X platform that the U.S. Treasury bond yield for 10 years surpassed 5.2%, while the 30-year bond yield exceeded 5.5%.
He added that the impact of higher yields on the economy, along with the federal budget deficit and inflation, supports gold and silver, concluding his message: "Buy now".
