Since consumer prices will be rising faster than short-term interest rates, even as nominal rates are rising, real interest rates will be falling. Falling real interest rates is very bearish for the #dollar and bullish for gold.

Since consumer prices will be rising faster than short-term interest rates, even as nominal rates are rising, real interest rates will be falling. Falling real interest rates is very bearish for the #dollar and bullish for gold.

— Peter Schiff (@PeterSchiff) February 14, 2018