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Peter Schiff discusses the real reasons why #inflation will get worse and what that means for the #economy, the dollar, and #gold.
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https://www.youtube.com/watch?v=TYZ-k3AFJIM
The Peter Schiff Show Podcast - Episode 135
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Nasdaq suffers worst start to December in 20 years.
Stay-at-home darling stocks crash with no bottom in sight.
Covid is the gift that keeps on giving the Fed excuses.
Real unemployment rate is much higher than 10%.
Biggest fools now are those buying Bitcoin.
Maxine Waters pats herself on the back for giving away other people’s money.
Janet Yellen wants to postpone big catastrophe now for bigger catastrophe later.
Jerome Powell admits he now sees a substantial risk of persistent inflation.
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The Peter Schiff Show Podcast - Episode 26
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The Peter Schiff Show Podcast - Episode 481
Recorded July 5, 2019
Markets Up on Low Volume -
A lot of people on Wall Street probably took today off; after all yesterday was the Fourth of July, the market was closed. On Wednesday they closed the markets early in preparation for the July Fourth holiday. So when you have a Friday where the markets are open, but you have a Thursday when they're closed… most people probably left for the Hamptons on Wednesday afternoon, and so were not in their offices or down at the stock market when we released the nonfarm payroll numbers today.
ADP Disappointing Number Teed Up Low Expectations -
The June number, highly anticipated, as always, especially with a rate cut on deck now by the Fed. Most of the people who were probably handicapping the jobs number thought that it would probably come out weaker than expected. After all, most of the data we've been getting has been weaker than expected. In particular, the jobs numbers, including the ADP report that came out on Wednesday, on that holiday-shortened trading session. We got a disappointing number. The consensus for private-sector employment for ADP was 140,000, and we ended up with 102,000. So we had a significant miss in the ADP numbers.
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https://www.youtube.com/watch?v=SgmAS-QXv4Q
The Peter Schiff Show Podcast - Episode 215
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