Gold keeps knocking on 1800’s door – Ep 590
The Peter Schiff Show Podcast
Peter Schiff
4.6 • 5.9K Ratings
🗓️ 8 July 2020
⏱️ 48 minutes
🧾️ Download transcript
Summary
Closed down college towns is more bad news for banks.
Massive support built for gold’s bull market.
Gold stock fundamentals continue to improve.
Fascism is Socialism.
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Transcript
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| 0:00.0 | What's up, Peter Schiff Show. |
| 0:09.2 | Today's episode of the Peter Schiff Show is brought to you by ExpressVPN. |
| 0:13.9 | Apparently, a lot of my listeners have given ExpressVPN a try because they decided to |
| 0:20.8 | extend their contract for the entire year, so they will be a regular advertiser on my |
| 0:26.4 | podcast. |
| 0:37.4 | So I definitely want to thank ExpressVPN for supporting the Peter Schiff Show podcast. |
| 0:41.6 | You probably don't think much about internet privacy on your own home network. |
| 0:46.3 | ExpressVPN will secure your privacy and protect your information. |
| 0:50.6 | Visit expressvpn.com slash gold and get an extra free three months on a one year subscription. |
| 0:59.4 | So that's ExpressVPN.com forward slash gold and you get an extra three months when you |
| 1:05.9 | sign up for a year subscription. |
| 1:08.3 | Good deal. |
| 1:09.3 | All the US stock market indexes finished in the red today, even the high flying NASDAQ, |
| 1:16.0 | which made another all time record high this morning of 10,518 spot 98, finished the |
| 1:24.2 | day with a decline of 89.76 points down about 86 basis points just under 1%. |
| 1:32.7 | But the other indexes fared worse on the day that Dow was down about 1.5%. |
| 1:38.0 | Russell 2000 down almost 1.9%. |
| 1:41.8 | Again, the weakest stocks remain the financials. |
| 1:45.7 | That regional bank index that I keep talking about was down about three and a half percent |
| 1:51.0 | on the day. |
| 1:52.2 | In fact, this index was much lower on the day when many of the other indexes were still |
| 1:56.9 | in positive territory, but it kept weighing on the market. |
... |
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