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The Peter Schiff Show Podcast

The Gold Canary Didn’t Die of Natural Causes - Ep 956

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.75.8K Ratings

🗓️ 12 April 2024

⏱️ 60 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

The Peter Shiff Show.

0:09.0

Today's podcast is sponsored by Indeed.

0:11.0

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0:16.0

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0:22.0

com slash Peter. terms and conditions apply.

0:25.0

Well I'm back in Puerto Rico I was away for most of the week in Miami.

0:33.6

I saw some of you at the Miami Money Show

0:37.6

where I spoke, I gave my own keynote,

0:40.8

and I spoke on a panel and then I also did the Patrick Beck Davis

0:47.4

podcast live in his studio in West Palm Beach so if you didn't catch that almost two hour discussion with Patrick and a few other people,

0:58.6

that's up on the Valutainment website.

1:04.4

The big news though I think of the day, the week, the month, I mean, maybe the biggest

1:11.8

financial story in modern memory which is just beginning right we haven't

1:17.0

fully play this thing out but this is what I have been predicting and preparing for since they started calling me Dr.

1:27.5

Doom since I wrote my first book, Crash Proof, back in 2007. But I want to start off by talking about gold and silver and what they did on the week and today.

1:58.1

But also more importantly, what this move means and why no one seems to care. The mainstream media, the financial media, is not even paying attention to it. Just completely ignoring not only what's happening in the precious metals market as they have been for the entire rally,

2:06.0

but not even questioning the significance of what's going on here.

2:14.0

You know, I've talked about gold, you know, it's yellow like the canary and in a way it's a

2:19.9

canary in the economic coal mine, in the monetary coal mine in the monetary coal mine.

2:23.6

You know, I wrote about that in crash proof.

2:27.5

Because even back then, the price and goal

2:29.3

was going up, going up, and nobody's seen McCare. and then we had the financial crisis and an

...

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