The Peter Schiff Show Podcast - Episode 474
Recorded June 10, 2019
Tariffs Off, Gold Gapped Down -
On Friday's podcast, I speculated that potentially we could see a gap up in the price of gold, gapping above the $1350 resistance level that has capped every gold rally for the past 6 years. But gold actually gapped in the other direction. It gapped down about $13 and it was down all day - never filled that gap.
Catalyst for Sell-off -
The catalyst for the gold sell-off was Donald Trump calling off the tariffs that were supposed to go into effect today. The five percent across the board tariffs on Mexico. That announcement came out on Friday, pretty much right after I finished recording my podcast, we got the news. So I immediately knew that that forecast probably was not going to come to fruition, or that speculation, potentially. Because I knew the markets would react positively to this news. After all, everybody was rightly worried about the negative impacts that those tariffs would have on the U.S. economy, in particular. They weren't as worried about Mexico, at least when it comes to the gold market, but they were worried about how it would impact the U.S. economy.
...
https://www.youtube.com/watch?v=-YozPO4PbSQ
Gary Johnson for President 2016
Sign up for my free newsletter: http://www.europac.net/subscribe_free_reports
Peter Schiff Gold News: http://www.SchiffGold.com/news
Buy my newest book at http://www.tinyurl.com/RealCrash
Friend me on http://www.Facebook.com/PeterSchiff
Follow me on http://www.Twitter.com/PeterSchiff
...
https://www.youtube.com/watch?v=jF2mBZ1LcrM
· As an American, Biden’s State of the Union was horrible.
· Inflation Reduction Act will increase prices.
· Republicans supporting Trump deficits paved the way for Biden deficits.
· Biden is cutting Social Security through inflation.
· Biden promises to save your pennies while stealing your dollars.
· More savings reduces inflation through decreased demand and increased supply.
Go to https://bambee.com and type in Peter Schiff under PODCAST when you sign up
? 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://schiffradio.com/premium/ 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
? Book Store: https://schiffradio.com/books/
? Follow Peter Schiff on Twitter: http://www.twitter.com/peterschiff
? Follow Peter Schiff on Instagram: https://instagram.com/peterschiff
? Follow Peter Schiff on TikTok: https://www.tiktok.com/@peterschiffofficial
? Follow Peter Schiff on Facebook: http://www.facebook.com/peterschiff
...
https://www.youtube.com/watch?v=ZiXftdnG_x0
Listen to The Peter Schiff Show
Live Weekdays 10am to noon ET on http://www.SchiffRadio.com
Buy my newest book at http://www.tinyurl.com/RealCrash
Friend me on http://www.Facebook.com/PeterSchiff
Follow me on http://www.Twitter.com/PeterSchiff
...
https://www.youtube.com/watch?v=ItYn1Ozh_yc
Peter Schiff on RT discussing Iran, Crude Oil Prices, OPEC, Dollar, Gas Prices, Donald Trump, Interest rates, Inflation, Federal Reserve, Rate Hikes, Saudi Arabia, Russia, currency (4/24/2019)
SIGN UP FOR MY FREE NEWSLETTER
http://www.europac.net/subscribe_free_reports
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=JYIGjeiLCbA
Wall Street trading on “garbage in, garbage out” algorithm.
Another month, another record trade deficit.
Moratorium on student loan payments extended.
Eviction moratorium will send rent prices skyrocketing.
Supreme Court says eviction moratorium is unconstitutional; Biden extends it anyway.
AOC says we have a supply and demand problem.
CNBC baits Lyft CEO for a Bitcoin headline.
Become a Firstleaf member and get 6 bottles of wine for $29.95 and free shipping https://tryfirstleaf.com/gold
RATE AND REVIEW the Peter Schiff Show 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
Buy my newest book at http://www.tinyurl.com/RealCrash
Follow me on Facebook: http://www.Facebook.com/PeterSchiff
Follow me on Twitter: http://www.Twitter.com/PeterSchiff
Follow me on Instagram: https://Instagram.com/PeterSchiff
...
https://www.youtube.com/watch?v=SYAl4Au6j7Q
Listen Live Weekdays 10am to noon ET on http://www.SchiffRadio.com
Buy my newest book at http://www.tinyurl.com/RealCrash
Friend me on http://www.Facebook.com/PeterSchiff
Follow me on http://www.Twitter.com/PeterSchiff
...
https://www.youtube.com/watch?v=79UksE6-2VQ
Peter Schiff discusses the real reasons why #inflation will get worse and what that means for the #economy, the dollar, and #gold.
? 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://schiffradio.com/premium/ 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
? Book Store: https://schiffradio.com/books/
? Follow Peter Schiff on Twitter: http://www.twitter.com/peterschiff
? Follow Peter Schiff on Instagram: https://instagram.com/peterschiff
? Follow Peter Schiff on TikTok: https://www.tiktok.com/@peterschiffofficial
? Follow Peter Schiff on Facebook: http://www.facebook.com/peterschiff
...
https://www.youtube.com/watch?v=TYZ-k3AFJIM
Stock market off to a bad start for first week of trading in 2022.
Fed minutes send bond markets tanking.
Investors spooked out of speculative bets and into commodities.
#Inflation pressure building on producers and consumers.
Workers fall further behind as prices increase faster than wages.
#Bitcoin chart looking ominous.
El Salvador is underwater on their Bitcoin bet.
Microstrategy balance sheet will soon have a big hole in it soon.
Michael Saylor talks out of both sides of his mouth about US #Dollar.
NASA agrees, gold has intrinsic value.
Thanks Express VPN! Get an extra 3 months. https://expressvpn.com/gold.
Thanks Tommy John! Get 20% off your 1st order https://tommyjohn.com/gold.
✅ 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=SfuXEn5bLCM