Bank analysts want more artificial stimulus. Retail sales surge while production crashes. PPP monkey business driving spike in business applications. Borrowing from poorer countries is
US stock market breaks a 4 day winning streak. Enormous tax hikes being proposed dwarf tax cuts. Fed creating a launch pad for gold. Amy
Trump extends stimulus olive branch to Pelosi. Kudlow lies behind his mask. Republicans cave on spending. QE goes from tool of last resort to standard
Trump temporarily dashes stimulus hopes. National debt tops $27 Trillion. Trade deficit in manufactured goods hits all time record high. Jerome Powell either doesn’t understand
Gold is up for 9th consecutive week. Gold stocks scaling a wall of worry. Clock is ticking on TikTok and WeChat. Trump acting more like
Gold breaks a new milestone at $2000. New thousand dollar milestones will start dropping like dominos. https://www.instagram.com/stories/peterschiff/2368614209700051718/ GDX makes a new high for the year.
July ends with record monthly closes. Apple becomes world’s most valuable company. Gold settings records. Silver has its best month since 1979. US Dollar has
Gold and silver rise as the dollar falls. Bitcoin getting pumped – watch out for the dump. Don’t go all in on gold. Quantitative easing
US dollar begins it’s decline. Financial news ignoring the biggest financial story out there. Intel and Tesla move into bear markets. Gold up 50% over
Gold prices tease $1900. Big gains in silver, but that bull market has barely started. CNBC oblivious to what this means for economy. Trend broken
Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast.