· Dow has best October in its history. · Rotation continues from growth to value stocks. · Market is priced for perfection with anything but perfect circumstances. · Inflation will never go back to 2% · Amazon, Apple, and Netflix disappoint investors. · Meta and Alphabet hurt by dried up advertising. · Consumers need to […]
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For Now, Bad News Is Good Again – Ep 851 Read More »
· Interest rates are the Achilles’ heel of this bubble economy. · Shelter costs are going up, even if housing prices are going down. · Gold will be gaining value as the dollar loses value. https://media.blubrry.com/schiffradio/dts.podtrac.com/redirect.mp3/api.podcache.net/episodes/137102c9-e921-4953-8a0a-0ca2f62174df/stream.mp3Podcast: Download
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Fed Folds With a Soft Pivot – Ep 850 Read More »
VIA CERTIFIED RETURN RECEIPT MAIL October 18th, 2022 Commissioner Charles P. Rettig Internal Revenue Service 1111 Constitution Avenue, NW Washington, DC 20224 Dear Commissioner Rettig: I am an attorney in Washington D.C. writing today on behalf of my client, Peter Schiff, owner of Euro Pacific Bank (“EPB”), located in San Juan, Puerto Rico. I
Letter to IRS Regarding Euro Pacific Bank 10-18-2022 Read More »
· High inflation is here to stay. · Biden shifts the blame for high oil prices on to Putin. · Financial intervention and bailouts are simple politics. · The stock market is far away from the bottom. · Netflix and Tesla are expensive stocks. · Markets will react before the Fed has a chance to
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Despite 14 Year Highs, Bond Yields Have a Long Way to Rise – Ep 849 Read More »
· CPI numbers worse than investors feared. · Less younger people working while more older people retiring is bad news for Social Security Ponzi scheme. · Selling British Pounds for American Dollars is jumping from the frying pan into the fire. · I’ll be debating a former Bank of England policy maker on October 22nd.
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Inflation Insanity Continues – Ep 848 Read More »
· Bank of England has Wall Street questioning the Fed. · Consumers are spending and borrowing more than ever. · Oil prices rise on OPEC+ production decrease. · Bitcoin is very close to a major collapse. · Michael Saylor is harming more investors than Kim Kardashian. · Bond investors still don’t believe inflation is here
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The Fed Has Made Zero Progress Fighting Inflation – Ep 847 Read More »
· Peter Schiff does a live update on the markets, particularly gold and silver prices, plus takes listener questions. https://media.blubrry.com/schiffradio/dts.podtrac.com/redirect.mp3/api.podcache.net/episodes/f798fefc-7989-4890-b342-8be3599292d0/stream.mp3Podcast: Download
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Live Gold and Silver Update Plus Q&A – Ep 846 Read More »
· Market has worst monthly drop since covid began, and worst September since 2008. · Carnival Cruise sinking like the Titanic. · CNBC finally starts criticizing Cathie Wood. · Anyone one who dropped gold for Grayscale has lost tremendously. · Puerto Rico needs relief from government, not hurricanes. https://media.blubrry.com/schiffradio/dts.podtrac.com/redirect.mp3/api.podcache.net/episodes/b908be91-6fc2-434f-a9a2-f55b576b36b0/stream.mp3Podcast: Download
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A September Investors Hope to Forget – Ep 845 Read More »
