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

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.7 • 5.8K Ratings

🗓️ 30 October 2021

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ 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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