4.7 • 5.8K Ratings
🗓️ 31 May 2021
⏱️ 50 minutes
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0:00.0 | The Peter Schiff Show |
0:09.0 | Today's special Memorial Day episode of the Peter Schiff Show Podcast is sponsored by |
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0:37.2 | Anyway, before I get into discussing Memorial Day, it's origins and really commenting on |
0:45.2 | what Americans need to be mourning other than those who have fallen during American |
0:52.0 | Wars. |
0:53.0 | I want to bring everybody up to speed on what's happened a little bit in the markets overnight |
0:58.4 | in this morning because we do have a holiday here in the United States, but the rest of |
1:03.6 | the world, it's business as usual. |
1:07.1 | And right now they're back to the business of selling US dollars. |
1:12.1 | Dollar is broadly weaker today against the euro. |
1:16.1 | The dollars lost about a third of a percent, similar percent decline against the Japanese |
1:21.6 | yen and the Australian dollar. |
1:24.6 | Not quite as weak against the pound or the Canadian dollar, but it is still lower. |
1:29.9 | In fact, the dollar index is back below the 90 handle 89 83 is the last I am looking at. |
1:39.3 | And the dollar is not just losing ground against other fiat currencies. |
1:44.6 | It's also losing some more ground against real money, both gold and silver up today. |
1:50.7 | Gold up almost another four bucks, trading around 1907 per ounce, silver up 11 cents. |
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