2021: A Year of Peak Speculation – Ep 764
The Peter Schiff Show Podcast
Peter Schiff
4.6 • 5.9K 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
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| 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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