The Peter Schiff Show Podcast

Big News out of the Central Banks

* U.S. FOMC

* Primary concern - inflation is too low

* no policy to "correct" the problem

* Preparing markets for additional stimulus

* Japanese Central Bank Doublespeak

* Japanese sales tax hike postponed

* Continued calls for more inflation

* Why is sales tax is different than inflation?

* Euro Decline

* Mandating "stability" by increasing inflation?

* Chinese Central Bank

* Cut interest rate to 5.6%

* Money flows to the dollar as a hedge because the market believes the Fed

* Gold has not dropped much against the dollar and has risen against other currencies

 

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Big News out of the Central Banks

U.S. FOMC

Primary concern - inflation is too low

no policy to "correct" the problem

Preparing markets for additional stimulus

Japanese Central Bank Doublespeak

Japanese sales tax hike postponed

Continued calls for more inflation

Why is sales tax is different than inflation?

Euro Decline

Mandating "stability" by increasing inflation?

Chinese Central Bank

Cut interest rate to 5.6%

Money flows to the dollar as a hedge because the market believes the Fed

Gold has not dropped much against the dollar and has risen against other currencies

Episode 23: Going to Extreme to Prove a Point: Two articles about Peter Schiff:

* MarketWatch

- writer refused to address corrections before going to print except for my official title

- The point of my forecasts is to help people avoid problems ahead of time

- I did not call for a stock market crash; I predicted QE4

- The Fed can prevent a Dollar Crisis

- I said hyperinflation is unlikely, but a possibility

* New Republic

- Writer quotes selectively from a Reason article to prove his own spin

- Points to the CPI to refute real inflation

- The price of a Big Mac mirrored the CPI until 2002

- Now price of Big Mac rises 2x as fast as CPI

- This illustrates how the government measures inflation

Our Sponsors:
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Episode 23: Going to Extreme to Prove a Point: Two articles about Peter Schiff:

MarketWatch

- writer refused to address corrections before going to print except for my official title

- The point of my forecasts is to help people avoid problems ahead of time

- I did not call for a stock market crash; I predicted QE4

- The Fed can prevent a Dollar Crisis

- I said hyperinflation is unlikely, but a possibility

New Republic

- Writer quotes selectively from a Reason article to prove his own spin

- Points to the CPI to refute real inflation

- The price of a Big Mac mirrored the CPI until 2002

- Now price of Big Mac rises 2x as fast as CPI

- This illustrates how the government measures inflation

Episode 22: Lessons from the Michael Brown Case:

* Don't rob a convenience store.

* Don't rob a convenience store while high.

* Don't be conspicuous after robbing a convenience store while high.

* If a policeman then stops you, obey the policeman.

* Do not try to take the policeman's gun away from him.

* But if you get shot in the hand going for the gun and run away, do not charge the policeman when he says, "freeze!"

* The political narrative hides the real problem: unhealthy family life.

Our Sponsors:
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Episode 22: Lessons from the Michael Brown Case:

Don't rob a convenience store.

Don't rob a convenience store while high.

Don't be conspicuous after robbing a convenience store while high.

If a policeman then stops you, obey the policeman.

Do not try to take the policeman's gun away from him.

But if you get shot in the hand going for the gun and run away, do not charge the policeman when he says, "freeze!"

The political narrative hides the real problem: unhealthy family life.

Episode 21: BoJ Seems to relieve Consumers' Struggle With Rising Prices by Creating More Inflation

* Investors & Economists shocked to learn that Japan is officially in recession

* Instead of a 2.1 rebound, there were back to back declines - a huge miss.

* Economists cry "More Stimulus!"

* Abe admits rising prices hurt the economy, contrary to inflation "Goal"

* The theory that rising prices stimulate the economy is proving wrong in Japan, Russia and the U.S.

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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Episode 21: BoJ Seems to relieve Consumers' Struggle With Rising Prices by Creating More Inflation

Investors & Economists shocked to learn that Japan is officially in recession

Instead of a 2.1 rebound, there were back to back declines - a huge miss.

Economists cry "More Stimulus!"

Abe admits rising prices hurt the economy, contrary to inflation "Goal"

The theory that rising prices stimulate the economy is proving wrong in Japan, Russia and the U.S.

Episode 20: Explosive Daily Upside Reversal in Gold Portends Potential Bottom

* Weekly jobless claims higher than expected

* Fewer people in the workforce

* Job openings declining

* Consumer sentiment survey at 7-year high?

* false confidence in the economy due to oil prices

* QE4 will be the mother of all QE

* Gold and silver market reversal on Friday

* Silver stocks up $4%

* Gold stocks were up 6%

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

Episode 20: Explosive Daily Upside Reversal in Gold Portends Potential Bottom

Weekly jobless claims higher than expected

Fewer people in the workforce

Job openings declining

Consumer sentiment survey at 7-year high?

false confidence in the economy due to oil prices

QE4 will be the mother of all QE

Gold and silver market reversal on Friday

Silver stocks up $4%

Gold stocks were up 6%