Dovish ECB Roils Markets – Ep. 363

Dovish ECB Roils Markets – Ep. 363

ECB Announces Dovish Tightening
The big market-moving central bank announcement this week was not the Fed. They came out with their so-called "hawkish hike", but yesterday, the ECB came out and they were supposed to announce the end of their Quantitative Easing program, their own version of the taper, which they did. But they surprised the market by indicating that they would not raise rates above zero, where they are stuck, until the summer of 2019. The markets had not expected such a delay in rate hikes, so it was a dovish tightening announced by the ECB.
The ECB Effectively Eased
When the Fed raised rates, the reaction was pretty much what I expected. The dollar did not strengthen. Gold did not go down. All of that had been priced into the market. What caused the dollar to rally and gold to sell off was the ECB and their unexpected ease, which put a bid into the dollar. We got a huge rise in the dollar yesterday. We got a 2 percent or so drop in the value of the euro against the dollar. And the weakness in the euro, along with the strength in the dollar caused a lot of the emerging market currencies to sell off, so it was a huge dollar rally, not because the Fed hiked, but because the ECB effectively eased.

Initially, yesterday, gold jumped 2% in terms of the euro. In fact it jumped up the the high end of the range that had been trading against the euro and it was very close to a breakout against the euro. It was only up a couple of bucks against the dollar, so all of the rise was in terms of euros, and of course, other currencies also fell against the dollar.
Unexpected ECB Move Caused Gold Sell-off
This morning, the traders came out huge. When we couldn't get above that key level in terms of the euro, there was massive selling of gold this morning right out of the gate, and gold finally dropped about $20. Remember on Wednesday I talked about the fact that gold had been in a $12 range all month, and I knew that that wasn't going to persist. Gold was going to have to break out one way or the other. I anticipated gold to break to the upside because I expected gold to rise after the Fed hiked rates, which is what has been happening. What I did not expect was for the ECB to come out with an effective ease, and that's what caused gold to break out of that range. So I was right about the breakout but I was wrong about the direction due to the unexpected ECB move. Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

Jaksot(1085)

My Joe Rogan Experience – Ep 592

My Joe Rogan Experience – Ep 592

Why I interrupted Joe Rogan. Are capitalists mean? Dictionaries changed the definition of inflation. Follow my new Instagram account: https://instagram.com/peterschiff Invest like me: https://schiffradio.com/invest 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 Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://instagram.com/peterschiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

17 Heinä 20201h 9min

Confiscatory taxation is coming – Ep 591

Confiscatory taxation is coming – Ep 591

Gold passes $1800 and reaches all time highs in every currency in the world except the US dollar. China may cut US from trade. China propping up US dollar so US may not be able to buy from anyone soon. 600 financial firms took forgivable PPP loans. Entrepreneurs created the middle class. Biden wants equal outcomes, not equal treatment. Estate Tax is unconstitutional . Big tax hikes coming. Follow my new Instagram account: https://instagram.com/peterschiff Invest like me: https://schiffradio.com/invest 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 Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://instagram.com/peterschiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

11 Heinä 20201h 9min

Gold keeps knocking on 1800’s door – Ep 590

Gold keeps knocking on 1800’s door – Ep 590

All indexes in the red today. Closed down college towns is more bad news for banks. Massive support built for gold’s bull market. Gold stock fundamentals continue to improve. Fascism is Socialism. Episode Sponsor: ExpressVPN Get an extra 3 months Free on a one year package.: https://ExpressVPN.com/gold 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 FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

8 Heinä 202048min

Peter Schiff’s Independence Day Remix

Peter Schiff’s Independence Day Remix

The Peter Schiff Show Podcast Ep 264: https://youtu.be/vdnF9t-kHt4 The Peter Schiff Show Podcast Ep 265: https://youtu.be/onMqKwyhKLw The Peter Schiff Show Podcast Ep 368: https://youtu.be/XGqHMoY7ris 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 FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

6 Heinä 20201h

Jobs and Stocks Are Nothing to Brag About – Ep 589

Jobs and Stocks Are Nothing to Brag About – Ep 589

Trump disingenuous about job creation. Employment numbers should be taken with a grain of salt. The relapse has started. Gold is a coiled spring and the market is primed for a huge move up. Check out Larry Elder’s documentary “Uncle Tom” https://uncletom.com/ 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 FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

3 Heinä 20201h 8min

Gold Is The New Gold – Ep 588

Gold Is The New Gold – Ep 588

Air going back into the bubble is fueling Q2’s phony rally from Q1. Spectacular gains in the gold stocks eclipse the gains in the Dow, Nasdaq, and S&P. Gold breaking out and stealing the spotlight from Bitcoin. The dollar privilege, enjoyed by all Americans, is about to go away. When the dollar loses its reserve status, gold will take its place. Congress and the Fed open the door for reparations. The income tax is racist! 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 FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

30 Kesä 202059min

The V-shaped recovery narrative is falling apart – Ep 587

The V-shaped recovery narrative is falling apart – Ep 587

As I predicted, US stock market continued to be under pressure throughout the week. Financial stocks lead lower by Goldman Sachs. Companies that can’t make money need to go out of business. Betting odds overwhelmingly favor Democrats victory in White House and Senate. House of Representatives pass bill to make Washington D.C. the 51st state. When Republicans lose the Senate in November, they may never get it back. Elizabeth Warren has inside track on Secretary of Treasury in Biden cabinet. Euro Pacific funds made up for 5 years of under performance in 6 months. 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 FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

27 Kesä 202055min

The Dollar Milk Shake Theory is all Wet – Ep 586

The Dollar Milk Shake Theory is all Wet – Ep 586

I’m going on the Joe Rogan Experience July 14th. I’m speaking at FreedomFest July 15th and 16th. Gold is the last safe haven left standing. Trump an even bigger underdog than he was in 2016. 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 FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

25 Kesä 202049min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
rss-rahamania
ostan-asuntoja-podcast
herrasmieshakkerit
rss-lahtijat
pari-sanaa-lastensuojelusta
yrittaja
lakicast
rss-myynti-ei-ole-kirosana
taloudellinen-mielenrauha
rss-neuvottelija-sami-miettinen
rahapuhetta
oppimisen-psykologia
rss-startup-ministerio
rss-karon-grilli
rss-puhutaan-rahasta
rss-hyvin-johdettu