The Peter Schiff Show Podcast

Was the U.S. Oil Boom Just Another Fed Inflated Bubble and is it Contained? Ep. 34

If oil goes down to $35/barrel we will not be able to produce oil for export at that price.

It is no accident that oil prices are dropping as the Fed is ending QE.

What are the implications for the U.S. Economy if the Oil Bubble bursts?

Good jobs in the industry sector will go away.

Oil sector business loans will default

Investors will lose money.

The fallout will be bigger than the dot com bubble.

If oil was a bubble fueled by cheap Fed money, what's next?

If the collapsing oil prices threaten recession, the Fed may launch QE4.

If the Fed does not launch QE4, other bubbles will be affected.

Much Ado About Nothing and Economic-Policy Truthers Ep. 33

Catalyst for the rally was the Retail Sales Report

Cars represent the largest part of the gain

Any slight good news is overblown

Bad news is ignored

Economy is not driven by spending

Economy is driven by savings and production

Gold stable and up on the year against the dollar

Those who question the Government's numbers are being called "Truthers"

Tax Loss Selling in Bitcoin Ep.32

* In 2014 Bitcoin was the worst-performing financial asset

* Spending bitcoins triggers a taxable event

* Spending or selling at a loss also reflects on your taxes

* This holiday season, harvest tax losses while shopping

* Write-off could exceed value of gift

* You can also buy bitcoins back at a savings from original cost if you wait 30 days

* Buy Gold and Silver while harvesting tax loss


Our Sponsors:
* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com
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* U.S. Taxpayers will be forced to guarantee mortgages with 3% down

* Qualifiers are low-income or have not owned a home for 3 years

* Government is spinning this as "prudent"

* Buyers have very little skin in the game

* If real estate prices plummet, walking away is an easy choice


Our Sponsors:
* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com
* Check out Plaud AI and use my code GOLD for a great deal: https://www.plaud.ai


Privacy & Opt-Out: https://redcircle.com/privacy

* Stock market roller coaster ride this week

* Chinese market plummets

* Forex markets: Yen rallies after 7-year low

* The Swiss may discourage the EU against QE

* Unwarranted U.S.optimism as negative data is ignored

* Gold and Silver strong despite bad press

* Gold outperforming the Russel 2000

* Deficit in Manufactured Goods hit all-time high

* China reports record trade surplus

Our Sponsors:
* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com
* Check out Plaud AI and use my code GOLD for a great deal: https://www.plaud.ai


Privacy & Opt-Out: https://redcircle.com/privacy

U.S. Taxpayers will be forced to guarantee mortgages with 3% down

Qualifiers are low-income or have not owned a home for 3 years

Government is spinning this as "prudent"

Buyers have very little skin in the game

If real estate prices plummet, walking away is an easy choice

Stock market roller coaster ride this week

Chinese market plummets

Forex markets: Yen rallies after 7-year low

The Swiss may discourage the EU against QE

Unwarranted U.S.optimism as negative data is ignored

Gold and Silver strong despite bad press

Gold outperforming the Russel 2000

Deficit in Manufactured Goods hit all-time high

China reports record trade surplus

Tax Loss Selling in Bitcoin Ep.32

In 2014 Bitcoin was the worst-performing financial asset

Spending bitcoins triggers a taxable event

Spending or selling at a loss also reflects on your taxes

This holiday season, harvest tax losses while shopping

Write-off could exceed value of gift

You can also buy bitcoins back at a savings from original cost if you wait 30 days

Buy Gold and Silver while harvesting tax loss

* What is the goal of the "Inflation Mandate?

* What is the exact number of the mandate?

* If the real mandate is "less than 2%" they're already there

* The European economy is expecting another QE, but I don't expect it.

* How they plan QE if they don't know what they are going to buy?

* Draghi cites success of U.S. QE, but the Fed has not shrunk its balance sheet.

* They discussed buying all assets except gold because this would highlight failure of QE

Our Sponsors:
* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com
* Check out Plaud AI and use my code GOLD for a great deal: https://www.plaud.ai


Privacy & Opt-Out: https://redcircle.com/privacy

What is the goal of the "Inflation Mandate?

What is the exact number of the mandate?

If the real mandate is "less than 2%" they're already there

The European economy is expecting another QE, but I don't expect it.

How they plan QE if they don't know what they are going to buy?

Draghi cites success of U.S. QE, but the Fed has not shrunk its balance sheet.

They discussed buying all assets except gold because this would highlight failure of QE