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Powell Pulls the Hope Out From Under the Market – Ep 852

· Federal Reserve raises interest rates again as expected. · Markets spooked as Jerome Powell dropped bombshells in Fed meeting. · Biden administration gets fact checked and deletes tweet. · Weakness in the stock market will continue on after the election. https://media.blubrry.com/schiffradio/dts.podtrac.com/redirect.mp3/api.podcache.net/episodes/d0ae9759-160f-40be-9038-b721fd6f1cbd/stream.mp3Podcast: Download

For Now, Bad News Is Good Again – Ep 851

· 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

Fed Folds With a Soft Pivot – Ep 850

· 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

Letter to IRS Regarding Euro Pacific Bank 10-18-2022

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

Despite 14 Year Highs, Bond Yields Have a Long Way to Rise – Ep 849

· 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

Inflation Insanity Continues – Ep 848

· 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

The Fed Has Made Zero Progress Fighting Inflation – Ep 847

· 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

A September Investors Hope to Forget – Ep 845

· 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

Peter's Blog

THE FED GIRDS FOR BATTLE

It’s the Fed’s “hold my beer” moment. After more than a year in which Federal Reserve leadership appeared clueless, pollyannish, and indecisive, the Fed is

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TRANSITORY PERMANENCE

The inflation that we were emphatically told would be transitory and unmoored continues to persist and entrench. As the troubles gather momentum Washington is doing

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