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Gold Breaks Out, Stocks Break Down – Ep. 41

The Peter Schiff Show

  • World markets left the gates weak on first full trading week of the year
  • Catalysts: Declining oil prices and Greece’s potential Eurozone exit
  • The Euro has gone sideways against the dollar for 9 years
  • The U.S. stock market will decline until the market believes rate hikes are off the table
  • U.S. will not experience accelerating growth in 2015
  • Evidence shows the home market is not strengthening
  • Young entrepreneurship at a 20-year low
  • Falling oil prices are a symptom economy is not expanding