SchiffRadio Podcast Episode 15
The Peter Schiff Show Podcast
Peter Schiff
4.6 • 5.9K Ratings
🗓️ 6 November 2014
⏱️ 27 minutes
🧾️ Download transcript
Summary
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Transcript
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| 0:00.0 | Well, it's a Republican wave that is sweeping the nation. |
| 0:13.7 | Of course, it skipped over my state of Connecticut, but nonetheless, the Republicans now have |
| 0:19.2 | a majority in the US Senate. |
| 0:21.6 | 52 seats in the house. |
| 0:24.0 | They actually gained four seats. |
| 0:25.6 | They have a 65 seat majority now in the House of Representatives. |
| 0:30.6 | You know, it's very ironic. |
| 0:32.8 | The Republicans won the US Senate because the voters believe the economy is very weak. |
| 0:42.0 | Yet gold prices continue to slide. |
| 0:44.6 | Early this morning, gold prices down $30 under 1140 silver down over 80 cents. |
| 0:51.8 | These are new multi-year lows. |
| 0:54.6 | But investors are selling gold and buying dollars because their convinced the economy |
| 0:59.9 | is so strong. |
| 1:00.9 | You know, if you look at the exit polling, 70% of voters said the economy is bad, 70% and |
| 1:10.9 | 75% said the economy is headed in the wrong direction. |
| 1:16.4 | Now, there's only two directions, right, up and down when it comes to the economy. |
| 1:21.2 | So 75% of the voters who cast votes said that the economy was going down. |
| 1:28.8 | Down is recession. |
| 1:31.0 | Up is recovery. |
| 1:33.2 | Only 25% said the economy was recovering. |
| 1:37.4 | I'm actually not even sure. |
| 1:38.9 | I know 75% said it was going down. |
... |
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