Risk-On, Economic Understanding Off - Ep 870
The Peter Schiff Show Podcast
Peter Schiff
4.7 • 5.8K Ratings
🗓️ 6 February 2023
⏱️ 52 minutes
🧾️ Download transcript
Summary
· Short covering fuels tech rally.
· Good news on the economy is bad news for the market.
· Fewer people have full-time jobs today than 10 months ago.
· The media is racist.
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Transcript
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| 0:00.0 | The Peter Shiff Show. |
| 0:09.5 | Today's podcast was recorded yesterday. |
| 0:12.1 | If you want to listen to my podcast, Commercial Free, the day that I record them, go to |
| 0:17.0 | shiffradio.com slash premium. |
| 0:19.6 | It only costs $5 a month. |
| 0:21.8 | Today's podcast is sponsored by Shopify. |
| 0:24.4 | Shopify is a platform designed for anyone to sell anywhere, giving small entrepreneurs |
| 0:29.0 | the resources once reserved for just big business. |
| 0:32.2 | Sign up for a $1 per month trial period at Shopify.com slash gold. |
| 0:36.6 | All lower case. |
| 0:37.9 | Today's podcast is also sponsored by Indeed. |
| 0:40.7 | Indeed knows that hiring needs to be cost efficient when you're running your own business. |
| 0:44.8 | So start hiring now at indeed.com slash Peter. |
| 0:47.7 | Offer good for a limited time. |
| 0:49.1 | Terms and conditions apply. |
| 0:50.8 | Cost per application pricing not available for everyone. |
| 0:54.0 | Gold plunged by almost $50 an ounce on Friday. |
| 0:58.8 | And that followed a $30 an ounce decline the previous day on Thursday. |
| 1:06.1 | Gold settled the week at about $1864 an ounce. |
| 1:11.8 | Now when I recorded my last podcast on Wednesday following the close of the market, gold settled |
| 1:17.6 | the better than $1,950 an ounce. |
| 1:24.2 | Gold was having its best start to a year since 2012. |
... |
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