The Peter Schiff Show Podcast - Episode 367
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This is a collection of TV appearances from 2002-2007 featuring Art Laffer, Don Luskin, Mark Haines, Diane Swonk, Peter Schiff, and more.
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· Stock market has its biggest crash since 2020 covid lockdowns.
· Food prices see biggest year over year increase since 1979.
· #Bitcoin gets smoked.
· #Fed needs to make some hard political decisions if it wants to stop inflation.
· Get exposure to gold now before the entry point is a lot higher.
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#inflation
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NTD spoke with Peter Schiff, founder of Euro Pacific Asset Management, and asked him what exactly the Fed is so afraid will happen if they did taper.
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Peter Schiff Keynote. Cambridge House International Inc. International Mining Investment Conference, Vancouver, B.C. May 15th 2018
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Guests: Schiff, Peter Schiff, Euro Pacific Capital, Jim Gillespie, Coldwell Banker CEO, Jonathan Hoenig, Capitalistpig Asset Management
Peter Schiff: "The last several years, home owners have been able to speculate in the real estate market by buying properties, putting none of their own money down, lying about their income, lying about their assets, committing themselves to mortgage payments they knew going in they can never make. Wall Street created all these structured products That transferred all the risks away from the borrowers to the lenders. Now these risks are blowing up. These loans are going bad; the lenders are about to lose a lot of money."
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