· Weakening economy will expand inflation
· Bitcoin is building a trapdoor, not a bottom.
· Jobs under Biden were returned, not created.
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Peter Schiff on RT with Rick Sanchez 1/3/2019
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Bonds are never a safe haven against inflation.
Consumers can’t afford to buy houses for what it costs builders to construct them.
Zillow bails on home flipping business.
Biden describes inflation as a high class problem.
US government now using Soviet propaganda tactics to explain inflation.
Bitcoin futures ETF BITO is the antithesis of what Bitcoin is supposed to stand for.
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https://www.youtube.com/watch?v=HsrGULXS0xg
The Peter Schiff Show Podcast - Episode 262
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https://www.youtube.com/watch?v=7vg2zJ61FhQ
The Peter Schiff Show Podcast - Episode 174
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https://www.youtube.com/watch?v=qGANTQRtkRc
Guests: Schiff, Peter Schiff, Euro Pacific Capital, Tracy Byrnes, NY Post, Scott Bleier, Fox News Contributor, Gary Kaltbaum, Kaltbaum & Associates
Peter Schiff: "The housing market has already died. The only thing left for prices to do is collapse. You had prices bid up to these crazy levels based on a combination of speculative buyers, creative financing and lax lending standards. All that is gone. You've got a lot of people in homes they can't afford; speculators own homes they don't want, they have negative cash flow, you're going to have a glut of housed on the market and no buyers."
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https://www.youtube.com/watch?v=E-evVVNnb5k
Oil prices headed for record highs.
Massive rotation from growth stocks to value stocks in effect.
Investors rushing to dump Cathie Wood’s ARKK fund.
Grayscale Bitcoin Trust follows growth stocks decline.
Gold will follow oil’s breakout.
Lael Brainard should be fired, not promoted.
The Fed is saving some jobs… the unproductive ones.
Quantitative Easing has a disproportionately negative impact on minorities.
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The Peter Schiff Show Podcast - Episode 327
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