Main Street’s Pain is Wall Street’s Gain – Ep 604
S&P and Nasdaq close the week with record highs. Apple capitalizes on speculator mania with stock split. Weak economy benefits Wall Street and sedates Main Street. Real estate booming, but mass defaul...
22 Aug 202051min
Buffett Boosts Gold Back Above $2,000 – Ep 603
S&P recoups COVID losses, closing today on an all-time high. Tesla cruises on stock splits driving into the mother of all short squeezes. Traders will sue Robinhood for their losses. Dollar index gets...
19 Aug 202054min
Buffett Buys Barrick Gold, Sells Banks – Ep 602
Berkshire Hathaway loves gold, bets against the US. Bidders aren’t showing up for 30 year treasury bonds. Food prices soar and this is just the beginning. Fair-weather capitalists claim we’re all soci...
15 Aug 202057min
Massive shakeout in gold and silver – Ep 601
Gold’s spectacular move down is the sign of a bull market. Paul Krugman admits inflation is driving up gold price. Curing COVID won’t cure the economy. Do-gooders in California will put Uber and Lyft ...
12 Aug 20201h
Trump’s executive orders are bad economics and unconstitutional – Ep 600
Gold is up for 9th consecutive week. Gold stocks scaling a wall of worry. Clock is ticking on TikTok and WeChat. Trump acting more like a king than a president. US government more dangerous to America...
9 Aug 202050min
Cat 2k Hurricane Goldie blows through Comex – Ep 599
Gold breaks a new milestone at $2000. New thousand dollar milestones will start dropping like dominos. https://www.instagram.com/stories/peterschiff/2368614209700051718/ GDX makes a new high for the y...
4 Aug 202040min
U.S. Treasuries are Junk Bonds – Ep 598
July ends with record monthly closes. Apple becomes world’s most valuable company. Gold settings records. Silver has its best month since 1979. US Dollar has lost better than 99% of its value. Slow or...
31 Jul 202050min
What the dollar losing reserve status portends – Ep 597
Gold and silver rise as the dollar falls. Bitcoin getting pumped - watch out for the dump. Don’t go all in on gold. Quantitative easing is here to stay. American’s will be much poorer when the dollar ...
28 Jul 20201h 4min
