The Peter Schiff Show Podcast - Episode 495 Recorded August 27, 2019 Real Significant Action in the Market: Gold and Silver - The real significant action today was in the gold & silver market. I wanted to mention today that on Friday, the U.S . dollar sold and then today we're back at 98. So the dollar is not weakening against other foreign currencies. In fact, most people are still talking about the strong dollar. Even Donald Trump talks about the fact that we have a strong dollar.  Now, Trump is bothered by the fact that we have a strong dollar, and he wishes it wasn't as strong, but he keeps talking about the strong dollar and everybody acknowledges that the dollar is strong. Silver is a Great Buy - The problem is: the dollar is not strong. The price of gold going up shows you that the dollar is not strong. Gold was up $16 an  ounce: we closed at $1542.50. This is the highest close in over 6 years for the price of gold; but the real star today was silver. Silver was up 53 cents - $18.17. It's been a while now since silver was above $18. If you have been listening to my podcasts, you know that I have been pounding the table on silver. I've been telling people that silver is the key; it is really cheap relative to gold. In fact, it was better than 90:1. You needed more than 90 ounces of silver to buy a single ounce of gold. That was an all-time record low for the price of silver. Now we're at 85.  The ratio has moved back in silver's favor, but you still need 85 ounces of silver to buy one ounce of gold. That is historically extremely cheap. In fact, the only time it was cheaper was when it was 90. So it's still a great buy. Cash in some Gold to buy Silver - I have been telling people, even at SchiffGold - we have actually been calling clients who we know own gold and have them sell us back their gold and buy silver, because you can get so much silver for your gold right now that it is a real bargain. Silver has never been this cheap, and so if you have gold and don't have any silver, it makes sense to buy some silver with your gold. Even after today's move, I would still say that that trade makes sense. RATE AND REVIEW this podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Open your Goldmoney account today: https://www.Goldmoney.com/ Buy my newest book at http://www.tinyurl.com/RealCrash Like and follow Peter Schiff on Facebook http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff ... https://www.youtube.com/watch?v=ajmIWQLRfFM

Peter Schiff, CEO and chief global strategist of Euro Pacific Capital, discusses how excessive government intervention hinders economic recovery and growth, during a Fraser Institute policy briefing on Thursday, Oct. 13 at the University Club of Montreal. Schiff has been quoted in leading newspapers, including The Wall Street Journal and the Financial Times, and appears regularly on CNBC, CNN, Fox News, and Bloomberg TV. His best-selling book Crash Proof: How to Profit from the Coming Economic Collapse was published in February 2007. ... https://www.youtube.com/watch?v=6uDbrvir6Lo

Schiff report video blog August 11th 2010 ... https://www.youtube.com/watch?v=BBUAATpEOA8

According to Christine Lagarde, Eurozone inflation is 100% related to supply problems. That the ECB's policies of negative interest rates and QE, and its deliberate effort to raise the inflation rate from levels it claimed were too low, have absolutely nothing to do with it. ? Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://peterschiff.locals.com/ to become a member. ? Invest like me: https://schiffradio.com/invest ? RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ ? SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ ⭐️ Schiff Gold News: http://www.SchiffGold.com/news ? Buy my newest book at http://www.tinyurl.com/RealCrash ? Follow Peter Schiff on Facebook: http://www.Facebook.com/PeterSchiff ? Follow Peter Schiff on Twitter: http://www.Twitter.com/PeterSchiff ? Follow Peter Schiff on Instagram: https://Instagram.com/PeterSchiff ... https://www.youtube.com/watch?v=euNF6D_WfE0