The Peter Schiff Show Podcast - Episode 410
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Relief Rally Post-Midterms -
The elections are over and the Blue Wave was averted and the Dow Jones rose 545 points today to celebrate that fact and the NASDAQ was up 194 points, 2.64%; Russell 2000 up 26 points, about 1.67% . Now you may be wondering why there was such a big rise in the stock market based on an outcome that was pretty much expected. The Republicans lost the House of Representatives, and that was something that was widely anticipated by the markets. But the loss wasn’t that big; they lost 26 seats. I think 23 was the number that the Democrats had to pick up. But I think there was some concern that the Republicans may have lost the Senate – instead they actually picked up, I think 3 seats as of now, in the Senate – increasing their margin. This is only the third time in 100 years where that’s happened, where you’ve had the incumbent party lose House seats but gain Senate seats.
Obama’s Midterm House Loss: 63 Seats -
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The Schiff Report 2/6/2016
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Gold stocks a coiled spring; prices already doubled in one month.
Paper gold might end up as just paper.
More money for small businesses will be fraudulently claimed by big businesses.
People are about to find out he economy isn’t a light switch and won’t just switch back on.
Gold has no ceiling and the dollar has no floor.
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The Peter Schiff Show with guest host Tom Woods
May 10th 2012
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Dollar melts down toward new lows.
Tesla added to S&P, making the index even more overvalued.
Exporting is a means to pay for importing.
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The Peter Schiff Show (10/9/2013)
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