Market rallies on relief of stimulus bill passing and biggest government expansion since the New Deal. Increasing evidence that this will be the longest bear market in history, like the fact that the “experts” on CNBC believe the opposite. Dollar starting to sink as fed dilutes its value with endless money printing. The Greater Depression has just begun. Unemployment now more lucrative than employment. RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. https://www.facebook.com/PeterSchif...
Mar 26, 2020•32 min
The Dow had the biggest rally today since 1933 during the Great Depression. Physical gold market is selling out of inventory. Stimulus package dragging on as Democrats pack in the porkbarrel. The digital dollar is coming. Pandora’s box has been opened on landlords. RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at ht...
Mar 24, 2020•33 min
Spread the word. Help make knowledge go viral! RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Like and follow Peter Schiff on Facebook http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Our Sponsors: * Check out DBJourney and use my code Sc...
Mar 24, 2020•3 hr 35 min
Volatile day and week for the Dow, which ended down almost a thousand today.. The sacrifices we made in WWII are completely different than the sacrifices we’re making now Milkshake theory is working, for now. IRS deadlines should be postponed to Election Day. Gold seeing more buyers; Bitcoin seeing less. RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER https://www.europac.com/ Schiff Gold News: http://www.Schi...
Mar 20, 2020•41 min
Dow ends it’s streak of thousand point moves after 8 consecutive days. The unemployment claims are skyrocketing and they’re going to increase. America lost every war it ever fought. The government will not let this coronavirus crisis go to waste. CNBC brings in captains of industry to weigh in with their bad ideas. CEOs are looking for bailouts to protect their ownership of the companies, not the companies themselves. Helicopter money was a term invented as a joke. Now the joke’s on us. RATE AND...
Mar 20, 2020•51 min
Peter Schiff is live and taking your questions as his predictions of the Real Crash unfold before our eyes. Streamed live March 18th. RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Like and follow Peter Schiff on Facebook http://www.Facebook.com/PeterSchiff Follow me on Twitter: ht...
Mar 19, 2020•4 hr 30 min
Another day, another couple trillion dollars in QE. Fed doing everything they can to prevent market forces from raising interest rates to a market clearing level. Sometimes stocks trade on peoples’ emotions and we’re seeing a lot of that now. Today marked the seventh consecutive day that the dow has moved by 1000 points. Markets surge on Trump’s promise of helicopter money and bailouts. Dollar rallies sharply on what may be a technical head-fake. Gold likely finding it’s bottom and set to go hig...
Mar 18, 2020•51 min
Fed finally did what I’ve been saying they would for years: cut rates to zero with the biggest point cut in history. Powell afraid to call it QE. There are no atheists in foxholes; there are no free-market capitalists in a recession. If we fought WWII with bailouts, like the way we’re fighting coronavirus, we’d be speaking German now. Waiting in line for food and toilet paper does not mean business is booming. Neither is having full hospitals. More records broken today as the Dow lost almost 3,0...
Mar 17, 2020•44 min
Dow up almost 2,000 points today; a record point gain, 10th biggest percentage gain, with most larger gains occurring during the bear market of the 1930s. We had a lot of stock market firsts this week and it was one of choppiest weeks on record. Trump announces beginning of national bailout including open-ended moratorium on student interest loans, allowing debtors put their loans into deferment indefinitely and never pay them again. Trump leaves door open to bailout any industry in the country....
Mar 14, 2020•50 min
Market reacted poorly to Trump’s Wednesday night coronavirus address. Today’s historic drop was the biggest since the 1987 crash. Fed’s cure will be worse than coronavirus and fatal for US economy. QE5 coming with more cheap money and artificially low interest rates. CNBC says this is nothing like 2008, but everything about it is like 2008. Jim Cramer proposes the US government suspend collecting taxes, increase all spending — and print all the money needed to pay for it. Short term noise and il...
Mar 13, 2020•44 min
Longest bull market in US history is officially over and it’s the fastest we’ve ever gone from record highs to a bear market. The same financial anchors who said not to worry about the banks in 2008 are saying the same thing now. Dollar gained on yesterday’s strength, but still in a downtrend. Gold prices acting very similar to 2008. Biden can’t lost and Trump can’t win. Kudlow saying the same nonsense he was saying as a cheerleader of the President’s economy, except now he’s actually a player i...
Mar 12, 2020•35 min
Markets, bitcoin, and the dollar had a Reversal Tuesday fueled by Trump’s promise of massive artificial fiscal stimulus. Trump trying to buy a second term, but with democrats holding stimulus hostage, stimulus will come with socialist labor laws and Keynesian helicopter money. Betting markets see now see Trump as the underdog. Mandated paid sick leave will hurt employees. Bailouts for oil, airlines, hotels, and cruise ships are just another backdoor bailout for the banks. While all the safe-have...
Mar 11, 2020•42 min
Oil war that began today will bankrupt many US companies. 60% of stocks in Russell 2000 are lower now than when Donald “the stock market president” Trump took office. Financials continue to get clobbered and stimulus won’t help them this time. This time nobody will believe QE is temporary or interest rates will normalize. Australia looking to repeat the mistakes of others central banks. Gold broke $1700 today, but didn’t break out. All the babies were thrown out with all the bathwater, including...
Mar 10, 2020•39 min
Week closes out with another big drop in the markets. Nasdaq and Russell 2000 hit new lows. Russell 2000 on-track to have lost value during Trump’s four years in office. Oil prices are plunging, which is bullish news for gold mining companies as their production costs decrease and gold prices increase. Fed’s balance sheet rose by a whole month's worth in one week and it looks like that trend will continue in the weeks to come. Fed’s crisis hasn’t even begun. RATE AND REVIEW the Peter Schiff Show...
Mar 07, 2020•34 min
Another huge move down in the markets today. Heavy carnage in the banks as treasury yields plunge. Fed’s days of bubble blowing are over. Next dose of stimulus will be the overdose. Coronavirus may be the pin that pricks stock market, bond market, and bitcoin bubbles. More bad news expected as the only previously strong jobs market, travel and leisure, starts to suffer from coronavirus. Layoffs will trickle through the economy quickly. RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. h...
Mar 06, 2020•33 min
* More bearish technical signs in the market. Fed issues an historic 50-basis-point, inter-meeting, emergency rate cut. Investors are realizing Fed can’t cure the coronavirus or the markets with their rate cuts. * Fed’s rate cut is decisively bullish for gold and silver. As the market was tanking, gold had one of it’s best days in a while, signaling more strength ahead. * Who were Friday's gold sellers? * Better to have been early and right, than late and wrong. The Real Crash is coming. * Democ...
Mar 04, 2020•35 min
Bear markets have notoriously big rallies as they fall down the slope of hope. Today’s record breaking 1200 point rally in the Dow may be an example of that. Markets betting on a 50 basis point rate cut to interest rates and more quantitative easing. Part of the market rally likely also due to diminishing chance of a Bernie Sanders presidency. But Biden will also be bad for the markets and he has a greater chance of winning Nothing goes up in straight lines. Bull markets have notoriously big dec...
Mar 03, 2020•34 min
* Dow down 404% with a record 1200 point drop. * Coronavirus damage to the market cannot be undone * Major discounts in the gold mining stocks * Coronavirus task force is more like a plunge protection team for the stock market * Fed’s bullets may no longer work against superman bubble * I have a PR problem in PR RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER https://www.europac.com/ Schiff Gold News: http://...
Feb 28, 2020•38 min
US stock market pounded again for the 6th day in a row. Two back to back days with markets down 3%. The only time it’s ever happened three days in a row was during the great depression. Gold living up to its role as a store of value. Bitcoin fails the test as a reserve currency. Bitcoin pumpers forced to admit it is not digital gold. It’s digital risk. Democrat candidates pander against each other. RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. https://www.facebook.com/PeterSchiff/re...
Feb 27, 2020•45 min
* All major indexes down and looking weak. * Bubble is looking for a pin and coronavirus might be it. * Dumb money is piling into treasuries. Safe-haven money is moving to gold. * CNBC still obsessed with bitcoin. Remains silent on record breaking gold prices. * Warren Buffet thinks Bitcoin is garbage and it’s going to $0. * Baby Boomers sowed the winds for socialism. * If you thought Obama was bad with executive orders, just wait for a President Sanders. * The markets will drop by 50% under Pre...
Feb 25, 2020•47 min
* Significant moves in the bond market today. * Coronavirus is inflationary. * US has never been less credit-worthy than it is right now. * US treasuries have the lowest yields in history and are GUARANTEED TO LOSE money. * Bond market is now undisputedly a bubble, but CNBC spins a different view. * I won a bet. * Perspective is everything when it comes to an investment strategy. RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR ...
Feb 22, 2020•53 min
Liz Claman has a new podcast called “Everyone Talks to Liz Claman.” It’s a great show and I was on it earlier this week where I talked about growing up, some personal stories, and things you haven’t heard me talk about in other interviews. I highly encourage you to check out the episode here. Coronavirus continues to help the dollar, but is helping gold even more. Gold’s bull market continues upward as more countries see their currencies lose record value to gold. Citibank calls for $2k gold wit...
Feb 21, 2020•53 min
Coronavirus may be worse than anyone thought, but why aren’t the markets worried? Gold mining stocks looking positive again. Underlying weakness in the dollar being revealed in gold. Obama and Trump are fighting over a booming economy that doesn’t exist. 1/3rd of Americans run out of money between paychecks. Over 25% of households spend half or more of their income on rent. Delinquencies on auto-loans are higher now than they were at the worst part of the great recession. Bernie Sanders has an a...
Feb 19, 2020•47 min
Nobody seems to be talking about the downward revisions in the jobs reports, particularly for 2018. Trump’s celebrated jobs numbers have been revised down 370k jobs for that year. Obama’s weak jobs record is better than Trump’s. A lot more jobs were created in the last 3 years of Obama’s presidency than the last 3 years of Trump’s. Deficits are exploding through the roof. Trump is setting records in government debt, but thanks to Trump and the Republicans, no one cares about the deficits anymore...
Feb 13, 2020•1 hr 2 min
The impeachment trial of Donald Trump ends no real surprise, he was acquitted. The whole thing came down along party lines and was all calculated political theater and posturing for the 2020 election. But the real theater was during Trump’s State of the Union last night. Trump pitched socialist policies and touted his fake Chinese trade deal. He spoke to Congress for 90 minutes and not once mentioned the national debt. Since Trump took office, trade deficits have increased and manufacturing jobs...
Feb 06, 2020•59 min
“So goes January, so goes the year.” If the old adage is true, this could mean the longest bull market in history is coming to an end. And from a political perspective, it couldn’t come at a worse time. Another adage in investing is “buy the rumor sell the fact.” I mentioned in a recent podcast that investors would soon be selling the facts behind Trump’s trade deal. Well, it didn’t take very long for the markets to find a reason to sell. The markets were clobbered today and contrary to what the...
Feb 01, 2020•47 min
Weak days for the stock market Friday and Monday will likely be blamed on the coronavirus. The real virus to be concerned about is Bernie Sanders as he infects more voters with his rapidly spreading burn. Bernie Sanders was on Phil Donahue in 1981 when it made news that a Vermont town elected a Socialist mayor. Phil Donahue asks if he believed in competition. Bernie Sanders said no. He said he believes in cooperation, a.k.a. Socialism/Marxism/Communism. Bernie has certainly been very consistent....
Jan 28, 2020•48 min
While I was at VRIC, Trump was in Davos touting to other world leaders the “unmatched” period of prosperity America is experiencing, thanks to him. Trump claims that nobody benefits more from his presidency than the middle class. In reality, the only people benefitting are the asset owners - the 1%. There are more women than men in the workforce for the first time ever. Housing prices and household income are at all-time highs. Trump spins these as signs of a healthy economy, but the opposite is...
Jan 23, 2020•1 hr
Dow Jones closed above 29,000 today for the first time ever. Part of the impotence of this rally has been anticipation of the trade deal with China, but the majority of the rally is due to the policies of the Fed as it quietly returns to quantitative easing. The so-called good news of the trade deal is in the past and traders who were buying the rumors may start selling off on the facts. Especially since the facts of the trade deal didn’t even live up to the rumors. The trade deal is a big fat d...
Jan 16, 2020•1 hr 2 min
Tensions between the U.S. and Iran are less diffused than everyone seems as the propaganda strengthens on both sides of the political theater. NASDAQ, Dow, S&P hit new record highs. Trump is eager for Dow to hit 30k so he can tweet up a storm claiming credit. Risk premiums for crude and gold are still there although gold mining stocks got obliterated as war became less imminent. Investors were spooked as gold dropped from $1610 to $1540 in a 24 hour period. Despite gold mining stocks getting...
Jan 10, 2020•49 min
