Nothing That Can’t Last Forever Will -Ep 574
The Peter Schiff Show Podcast
Peter Schiff
4.6 • 5.9K Ratings
🗓️ 15 May 2020
⏱️ 82 minutes
🧾️ Download transcript
Summary
More jobs lost than expected.
Fed’s balance sheet moves through $7 Trillion.
Ron Insana says big deficits are not a problem.
Next crisis will happen overnight.
Retails sales declining fast, even as shoppers hoard groceries.
Netflix and Amazon are not COVID investments.
Federal Reserve illegally grabbed the authority to do what It’s doing.
Gold is at the beginning of a big rise.
Buying the stock market is not contrarian.
Bitcoin is not an inflation hedge.
Q&A
RATE AND REVIEW the Peter Schiff Show Podcast on Facebook.
https://www.facebook.com/PeterSchiff/reviews/
SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/
Schiff Gold News: http://www.SchiffGold.com/news
Buy my newest book at http://www.tinyurl.com/RealCrash
Like and follow Peter Schiff on Facebook
http://www.Facebook.com/PeterSchiff
Follow me on Twitter: http://www.Twitter.com/PeterSchiff Our Sponsors: * Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me * Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com * Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com * Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai * Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com * Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com Privacy & Opt-Out: https://redcircle.com/privacy
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The Peter Schiff Show. |
| 0:09.0 | Well, I guess we had a relatively quiet day in the stock market today. |
| 0:14.0 | I mean, the average is all managed to eke out gains on the day, although the Dow |
| 0:19.7 | spent a lot of the day in the red as well as in the green. |
| 0:22.9 | But it ended up positive about 60 points. |
| 0:25.9 | The Nasdaq Russell 2000 also higher. |
| 0:28.7 | Again, notably missing the rally are the financials. |
| 0:34.2 | They were mostly negative on the day. |
| 0:36.2 | They did have a rally yesterday, as I mentioned on the podcast after many of them making new |
| 0:42.5 | lows for the year, taking out those key march lows. |
| 0:46.9 | But they did not participate in the rally today. |
| 0:49.3 | The sector remains very, very weak, which is a negative sign that a lot of people are |
| 0:54.7 | overlooking. |
| 0:55.7 | But the real action today was in the metals, particularly in silver, which had one of its |
| 1:00.2 | best days in quite some time. |
| 1:02.6 | It was up better than 70 cents on the day. |
| 1:06.5 | Maybe even closer to 80 cents. |
| 1:08.3 | Let me take a look at where it is now. |
| 1:10.9 | Up about 76 cents, 1663. |
| 1:14.5 | That's up 78 cents. |
| 1:16.2 | Just ticked up as I was looking at it on silver. |
| 1:19.1 | So making a nice gain on gold that was only up about $13.5. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Peter Schiff, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Peter Schiff and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.