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The Peter Schiff Show Podcast

2021: A Year of Peak Speculation – Ep 764

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.75.8K Ratings

🗓️ 31 December 2021

⏱️ 58 minutes

🧾️ Download transcript

Summary




* Everyone is talking about inflation.
* Fed is re-rigging the CPI again to hide increasing inflation.
* Strong economies create surpluses, not deficits.
* US is importing more and exporting less.
* Prices up on lumber and other commodities.
* Bitcoin stole gold’s thunder in 2021.
* 2021 was a great year for Bitcoin sellers, but not buyers.





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Transcript

Click on a timestamp to play from that location

0:00.0

The Peter Ships Show.

0:09.2

Today's podcast is sponsored by Bambee, HR Managers Ain't Cheap.

0:13.8

Their salaries average $70,000 a year.

0:17.4

So go to Bambee.com slash gold now to schedule your free HR audit.

0:22.5

The podcast is also sponsored by True Nigeon.

0:25.9

True Nigeon helps fuel the cells' energy engines, maintain cellular metabolism, and even

0:32.2

supports a healthy heart in combination with a healthy lifestyle.

0:36.8

And now you can save 10% on your first purchase at truenigeon.com slash Peter when you

0:43.2

use the promo code Peter.

0:45.0

These statements have not been evaluated by the Food and Drug Administration.

0:48.3

This product is not intended to diagnose, treat, cure, or prevent any disease.

0:53.2

This is the final podcast for 2021.

0:57.4

And I want to begin by wishing all of my listeners a happy new year.

1:03.9

I know it was a very frustrating year for a lot of people, for a lot of reasons.

1:09.5

I mean, certainly dealing with COVID made this year particularly difficult relative to

1:16.6

years past.

1:17.6

So though not quite as bad as 2020, but from an investor's perspective, probably importantly,

1:26.5

investors who are following my investment advice, it was pretty frustrating in that a lot

1:33.8

of things happened that I have been talking about, warning about predicting for many, many

1:41.3

years.

1:42.7

But we didn't really see the effect that we have anticipated on the various investments

1:49.3

that we're holding.

...

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