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Ep. 248: Fed And Markets Excuse Retail Bloodbath
The Peter Schiff Show Podcast - Episode 248
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https://www.youtube.com/watch?v=Q7oA9tihd_s
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Record highs in the S&P and lumber prices.
Commodity prices and bond yields soar.
More Americans losing their jobs.
U.S. has been obliterated in the trade war.
Lucasfilm feigns outrage from the leftist mob, proving Gina Carano’s point.
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The Peter Schiff Show Podcast - Episode 485
Recorded July 19, 2019
A Podcast from Freedom Fest in Las Vegas -
I'm still here in Last Vegas at Freedom Fest, but I wanted to take some time out to come up to my hotel room here and record a short podcast - otherwise I'd have to wait until Tuesday. There's been a lot of stuff that's happened over the last few days, so I definitely wanted to record something; the quality might not be up to snuff. But I figured I'd talk a little bit about what's been going on in the market.
The Action Was in the Metals Markets -
Really, the stock markets - not much action. All the major markets finished the day and the week lower; bond prices a bit higher. The real action, though, was in the metals markets. You wouldn't really know it to look at the price of gold, which was only up maybe about a dollar or two on the week, although we did have a big $20 rise yesterday, followed by a $20 drop today. I'll get into why that happened in a minute.
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Peter Schiff and Tucker Carlson discuss how 2021 real inflation rate was the worst in US history and why it's about to get much worse. Housing prices are soaring, production is tanking, energy prices are surging, and the cost of living is far outpacing wage growth.
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Daunte Wright, like George Floyd, contributed to his own death.
Minnesota officer charged with manslaughter to appease the mob.
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