See Peter at the Las Vegas Freedom Fest – July 17-20 https://www.freedomfest.com/ Save $50 using code SCHIFF Recorded June 28, 2019 Dow Jones Had Best June Since 1938 U.S. stocks finished a down week on an up note, but the gains were not that large today. But of course, they were very big for the […]
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Political Reality Could Sink Stocks in 2nd Half – Ep. 479 Read More »
See Peter at the Las Vegas Freedom Fest – July 17-20 https://www.freedomfest.com/ Save $50 using code SCHIFF Gold: Six-Year High Overnight Overnight the price of gold rose to a six-year high. We almost got to $1440. I think the high I saw was maybe $1438 – 39… we were up about $19 at the high
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The Fed Has Served Government Well, Not America – Ep. 478 Read More »
Recorded June 21, 2019 See Peter at the Las Vegas Freedom Fest – July 17-20 https://www.freedomfest.com/ Save $50 using code SCHIFF S&P Record High: Why? U.S. stock market averages finished an up week on a down note. In fact, the S&P 500, before closing negative on the day made a new all-time record high. The
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Gold Breaks out but Investors Remain Cautious – Ep. 477 Read More »
Visit me at the Benzinga Trading Conference, NYC tomorrow Fed Tweaking Language to Officially Adopt Easing Bias Keeping with its tradition of having a tendency to act incrementally, the Federal Reserve Open Market Committee today announced that it was leaving interest rates unchanged – which was the consensus. There was an 80% probability that the
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Fed Readies Markets for July Rate Cut – Ep. 476 Read More »
Recorded June 14, 2019 Gold: Up Today When I recorded my podcast last Friday, I speculated that the price of gold might gap up the following Monday above $1350/oz., but that didn’t happen because over the weekend Donald Trump managed to tweet out a face-saving way in which to not impose the tariffs on Mexican
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Trump Is Keynes on Steroids – Ep. 475 Read More »
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
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Trump Defuses His Own Bomb – Ep. 474 Read More »
Recorded June 7, 2019 Dow Finished the Week with a 4.7% Gain The Dow Jones soared 263 points today, although at one point the index was up better than 350 points. But it managed to finish the week with a 4.7% gain. That is the best showing for the Dow Jones Industrials in 6 months
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Game over for the Fed – Ep. 473 Read More »
By: Peter Schiff, Chief Global Strategist of Euro Pacific Capital Well, it didn’t take much and it didn’t take long. After years of delays, a tentative start, many cautious pauses along the way, and a top speed that never really hit cruising velocity, the Fed has taken the first available off-ramp on the road towards
The Fed Stops Pretending Read More »
Recorded June 5, 2019 Volatility Led by NASDAQ There’s been a lot of volatility in the stock market since I recorded my last podcast on Friday. In fact, on Monday, the tech stocks in particular got beaten up. The NASDAQ dropped by better than 150 points, led lower by the so-called FANG stocks (Facebook, Amazon,
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ZIRP and QE Are Now Conventional Monetary Policy – Ep. 472 Read More »
