Mark from Rochester, MN: It seems like air travel is the same whether you fly US Air or Delta or United or Southwest. Why is this? Has the FAA so over regulated the industry that each company has no room to differentiate their services...and therefore can only compete on price alone? Also, why is it that none of these airlines that file bankruptcy ever go out of business?
The Peter Schiff Show Podcast - Episode 405
JOIN PETER at the New Orleans Investment Conference
https://neworleansconference.com/conference-schedule/
Look Carefully at the Price Index -
The GDP number came out yesterday; 3/5% did slightly beat the consensus of 3.3%, but remember, for a while the Atlanta Fed was looking for a print in the 4's. But the New York Fed was at 2.2%, so the print was much higher than what the New York Fed was looking for. But if you look at the internals, the biggest reason that we got 3.5% was because of the price index - the "deflator". Last quarter, when we had 4.2%, the government said that prices rose at an annualized rate of 3%. But in Q3, they said that prices only rose at an annualized rate of 1.7%.
Calling B.S. on that Number -
...
https://www.youtube.com/watch?v=CGwZVhMyCl0
The Peter Schiff Show Podcast - Episode 495
Recorded August 27, 2019
Real Significant Action in the Market: Gold and Silver -
The real significant action today was in the gold & silver market. I wanted to mention today that on Friday, the U.S . dollar sold and then today we're back at 98. So the dollar is not weakening against other foreign currencies. In fact, most people are still talking about the strong dollar. Even Donald Trump talks about the fact that we have a strong dollar. Now, Trump is bothered by the fact that we have a strong dollar, and he wishes it wasn't as strong, but he keeps talking about the strong dollar and everybody acknowledges that the dollar is strong.
Silver is a Great Buy -
The problem is: the dollar is not strong. The price of gold going up shows you that the dollar is not strong. Gold was up $16 an ounce: we closed at $1542.50. This is the highest close in over 6 years for the price of gold; but the real star today was silver. Silver was up 53 cents - $18.17. It's been a while now since silver was above $18. If you have been listening to my podcasts, you know that I have been pounding the table on silver. I've been telling people that silver is the key; it is really cheap relative to gold. In fact, it was better than 90:1. You needed more than 90 ounces of silver to buy a single ounce of gold. That was an all-time record low for the price of silver. Now we're at 85. The ratio has moved back in silver's favor, but you still need 85 ounces of silver to buy one ounce of gold. That is historically extremely cheap. In fact, the only time it was cheaper was when it was 90. So it's still a great buy.
Cash in some Gold to buy Silver -
I have been telling people, even at SchiffGold - we have actually been calling clients who we know own gold and have them sell us back their gold and buy silver, because you can get so much silver for your gold right now that it is a real bargain. Silver has never been this cheap, and so if you have gold and don't have any silver, it makes sense to buy some silver with your gold. Even after today's move, I would still say that that trade makes sense.
RATE AND REVIEW this 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
Open your Goldmoney account today: https://www.Goldmoney.com/
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
...
https://www.youtube.com/watch?v=ajmIWQLRfFM
The Peter Schiff Show Podcast - Episode 387
CHECK OUT Buying Bitcoin is Like Buying Air
https://youtu.be/XmMQAuO62gI
SIGN UP FOR MY FREE NEWSLETTER
http://www.europac.net/subscribe_free_reports
Schiff Gold News: http://www.SchiffGold.com/news
Open your Goldmoney account today: https://www.Goldmoney.com/
Buy my newest book at http://www.tinyurl.com/RealCrash
...
https://www.youtube.com/watch?v=RKhpoAEbh14
The Peter Schiff Show Podcast - Episode 112
Sign up for my free newsletter:http://www.europac.net/subscribe_free_reports
Peter Schiff Gold News: http://www.SchiffGold.com/news
Buy my newest book at http://www.tinyurl.com/RealCrash
Friend me on http://www.Facebook.com/PeterSchiff
Follow me on http://www.Twitter.com/PeterSchiff
...
https://www.youtube.com/watch?v=iM0d7FXdbWo
US dollar would tank if traders understood implications of economic data.
Trade deficit continues to break records month after month.
Strong economies have trade surpluses; we have a bubble economy.
We’re only consuming and importing because we’re printing a currency the world still values.
Massive trade deficits aren’t a problem until they’re a crisis.
Government pretends rights are privileges so it can tax them.
Moral hazard and rampant fraud will ramp up childcare costs under new Biden plan.
✅ Invest like me: https://schiffradio.com/invest
? RATE AND REVIEW 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 Peter Schiff on Facebook: http://www.Facebook.com/PeterSchiff
? Follow Peter Schiff on Twitter: http://www.Twitter.com/PeterSchiff
? Follow Peter Schiff on Instagram: https://Instagram.com/PeterSchiff
...
https://www.youtube.com/watch?v=UxBPQMSI6U4
Listen to The Peter Schiff Show
Live Weekdays 10am to noon ET on http://www.SchiffRadio.com
Buy my newest book at http://www.tinyurl.com/RealCrash
Friend me on http://www.Facebook.com/PeterSchiff
Follow me on http://www.Twitter.com/PeterSchiff
...
https://www.youtube.com/watch?v=2b_a1r6Vcto
Listen to The Peter Schiff Show
Live Weekdays 10am to noon ET on http://www.SchiffRadio.com
Buy my newest book at http://www.tinyurl.com/RealCrash
Friend me on http://www.Facebook.com/PeterSchiff
Follow me on http://www.Twitter.com/PeterSchiff
...
https://www.youtube.com/watch?v=o-JIK5_xE5E
The Peter Schiff Show (5/2/2014)
Live Weekdays 10am to noon ET on http://www.SchiffRadio.com
Buy my newest book at http://www.tinyurl.com/RealCrash
Friend me on http://www.Facebook.com/PeterSchiff
Follow me on http://www.Twitter.com/PeterSchiff
...
https://www.youtube.com/watch?v=t4Tga4MySHA
Fed says the economy is great, but they will maintain the emergency policies they put in place when the economy was terrible.
Fed will always choose to fight unemployment over #inflation.
Fed turns blind eye to inflation because the alternative is a complete economic implosion.
Fed’s policies disproportionately hurt African Americans.
Republicans only care about the debt ceiling when they can use it as a political weapon.
Jerome Powell dismisses concerns over #Evergrande and excess corporate leverage.
Gold will explode and the dollar will implode when markets start to realize the #Fed keeps crying wolf.
Gold went up with safe havens while Bitcoin fell with risk assets.
✅ Invest like me: https://schiffradio.com/invest
? RATE AND REVIEW 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 Peter Schiff on Facebook: http://www.Facebook.com/PeterSchiff
? Follow Peter Schiff on Twitter: http://www.Twitter.com/PeterSchiff
? Follow Peter Schiff on Instagram: https://Instagram.com/PeterSchiff
...
https://www.youtube.com/watch?v=fJCIYfFd--o