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The Peter Schiff Show Podcast

Shiba Inu Highlights Bitcoin’s Lack of Scarcity – Ep 746

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.75.8K Ratings

🗓️ 30 October 2021

⏱️ 56 minutes

🧾️ Download transcript

Summary




* Nasdaq and S&P finish the week strong.
* Robinhood closes the week near its all time low.
* Newmont leads gold mining stocks lower.
* Gold mines don’t lose missed earnings, they postpone them.
* Crypto ships will rise and sink on the same tide of fear and greed.
* Inflation is driving up labor costs.
* Hypocrisy is the one thing all politicians have in common.





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Transcript

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0:00.0

The Peter Ships Show

0:09.0

Today's podcast is sponsored by Avast.

0:12.0

Avast new All-in-One solution, Avast One,

0:15.0

helps you take control of your safety and privacy online

0:20.0

through a range of features.

0:22.0

You can learn more about AvastOne at Avast.com.

0:26.0

Today's podcast is also sponsored by TrueBill.

0:30.0

$5 here, $10 there, monthly subscriptions often feel like a great deal

0:36.0

when you first subscribe, but then you don't use them

0:39.0

and you forget you signed up.

0:41.0

The good news is you can get your subscriptions under control with TrueBill.

0:46.0

So go right now to truebill.com slash gold.

0:50.0

It could save you hundreds of dollars a year.

0:53.0

It was another strong week for the US stock market with both the S&P 500

0:58.0

and the NASDAQ Composite closing Friday at all time record highs.

1:04.0

Look at Tesla.

1:06.0

I spoke about Tesla on the last podcast.

1:09.0

It was up another 3.5% on Friday.

1:12.0

Closing I think at $1,114 a share,

1:17.0

the market cap now $1.1 trillion,

1:21.0

increasing Elon Musk's net worth.

1:25.0

I think it's now $284 billion.

...

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