August 2016

The Peter Schiff Podcast

The Fed Up Fix Is In – Ep. 190

The price of gold continues to retreat Gold was down about $12 today; it closed around $1310 The dollar index up again as more and more people begin to contemplate the possibility of a rate hike in either September or December Or maybe even both, because the odds of a rate hike, either in September […]

The Fed Up Fix Is In – Ep. 190 Read More »

The Peter Schiff Podcast

Yellen Basically Admits The U.S. Is A Banana Republic – Ep.189

Earlier today Janet Yellen delivered her much-anticipated and way over-hyped speech at the annual Jackson Hole Symposium It wasn’t as irrelevant as I thought it was going to be, but the actual relevant part of the speech was lost on just about everybody Instead they keep focusing on whether or not the Fed is going

Yellen Basically Admits The U.S. Is A Banana Republic – Ep.189 Read More »

The Peter Schiff Podcast

When Janet Yellen Talks, Why Do People Still Listen? – Ep. 188

The price of gold fell about $12/oz today; silver prices were down another .28 Both metals have been falling since recent new yearly highs Gold, though is not very much below the highs The real carnage has been in the mining stocks, particularly today; today was one of the biggest down days I’ve seen all

When Janet Yellen Talks, Why Do People Still Listen? – Ep. 188 Read More »

The Peter Schiff Podcast

Fed Advocates Higher Inflation And Larger Deficits! – Ep. 187

The dollar was broadly weaker today with the dollar index closing down .85 to 94.78 At that time gold was up about $18; sliver up about .25 Then all of a sudden New York Fed Chairman William Dudley in an interview on Fox Business basically said that a September rate hike was still possible Look,

Fed Advocates Higher Inflation And Larger Deficits! – Ep. 187 Read More »

The Peter Schiff Podcast

Kill The Estate Tax To Save Jobs – Ep. 186

Today we got the official numbers for Q2 Non-Farm Productivity and the consensus was that it would increase for the first time in 3 quarters; the prior 2 quarters we saw a decline in productivity So analysts were looking for a .5 increase in the second quarter Instead, we got a decline of .5 More

Kill The Estate Tax To Save Jobs – Ep. 186 Read More »

The Peter Schiff Podcast

Will The Fed Sacrifice The Recovery Myth To Save The Markets? – Ep.184

The carnage in global stock and bond markets continues; it really got started last night in Japan The JGB (Japanese Government Bonds) dropped for the 3rd consecutive day The biggest 3-day drop in bond prices in Japan in over 3 years, so yields surging, along with the Japanese yen Of course, this is not supposed

Will The Fed Sacrifice The Recovery Myth To Save The Markets? – Ep.184 Read More »