meta_pixel
Tapesearch Logo
Log in
The Peter Schiff Show Podcast

SchiffRadio Podcast Episode 5

The Peter Schiff Show Podcast

Peter Schiff

Business News, Business, Investing, News, Politics

4.65.9K Ratings

🗓️ 6 October 2014

⏱️ 145 minutes

🧾️ Download transcript

Summary

Episode 5 Synopsis:

* Debunking Ned Davis' predictions on gold
* Chicago Fed president Charles Evans hints that the Fed can't raise interest rates
* Alan Greenspan gives Fed a pass on CNBC
* Brokerage houses hit by FINRA arbritation results
* Eurozone low inflation 'scare'
* Collapse in Fannie and Freddie stock
* The numbers behind the weekly economic data

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 * 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

We got a lot to talk about in this week's podcast.

0:04.6

First of all, it's got Ned Davis comes on CNBC.

0:07.5

He's predicting $660 gold is called got a lot of press.

0:12.2

I think it's a bunch of nonsense, and so I'll get into what I think Ned Davis is over

0:16.1

looking sure.

0:17.1

Gold had a rough week finishing below $1,200, but I don't think the price is going to

0:21.2

get cut in half.

0:22.6

Charles Evans, Chicago Fed President, he talks about the Fed and basically admits, if you

0:27.4

read between the lines that it's impossible that the Fed can't raise interest rates.

0:32.0

You got Alan Greenspan also coming on CNBC, talking about why he believes the Fed are

0:37.3

reserved is helping the economy to be moderately okay.

0:42.2

That's the way he describes the economy and he credits the Fed for it being moderately

0:46.3

okay and obviously without the Fed, I guess it would be worse than that.

0:49.8

Remember, last week I talked about my Finra arbitration, the one with my client who

0:54.2

gave my former broker money to gamble with.

0:57.1

Well I got stung on that one, but wait a year, another couple of firms put out of business.

1:02.7

Bankrupted just in the last couple of weeks or one of them in the last couple of weeks

1:05.8

by Finra arbitrations.

1:07.8

Again, more outrageous arbitration results that highlight the risks of running businesses

1:13.9

in the United States and in particular, being an employer in the United States, the most

1:19.0

dangerous thing that you can do.

1:20.8

We're going to talk about the Eurozone and their low inflation scare and how that impacted

...

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.