This Time Japan Dropped a Bomb on Us - Ep 863
The Peter Schiff Show Podcast
Peter Schiff
4.7 • 5.8K Ratings
🗓️ 24 December 2022
⏱️ 52 minutes
🧾️ Download transcript
Summary
· Everyone realizes recession is coming, but nobody realizes how bad it will be.
· Too many people are getting rich off war in Ukraine for there to be a chance of peace.
· Gold and silver mining stocks are at the beginning of a bull market.
· Institutional interest in Bitcoin is gone.
· Bank of Japan has now joined the tightening party.
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Transcript
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| 0:00.0 | The Peter Shiff Show. |
| 0:09.5 | Today's podcast was recorded yesterday. |
| 0:12.1 | If you want to listen to my podcast, Commercial Free, the day that I record them, go to |
| 0:17.0 | shiffradio.com slash premium. |
| 0:19.6 | It only costs $5 a month. |
| 0:21.9 | Today's podcast is sponsored by Bambi. |
| 0:24.0 | Bambi helps small business owners solve their most complex HR issues and employment nuances |
| 0:30.1 | across all 50 states. |
| 0:32.1 | Go to bambi.com right now and type in Peter Shiff under podcasts when you sign up. |
| 0:37.2 | It'll really help the show. |
| 0:38.7 | Today's podcast is also sponsored by Shopify. |
| 0:41.3 | Shopify is a platform designed for anyone to sell anywhere, giving small entrepreneurs |
| 0:46.4 | their resources once reserved for just big business. |
| 0:49.8 | Sign up for a free trial at shopify.com slash goal. |
| 0:53.6 | We are running out of time for that Santa Claus rally. |
| 0:57.6 | Only the Dow Jones finished a week in the black. |
| 1:00.5 | At just barely, it eaked out a gain of about.85 of a percent. |
| 1:05.4 | But all the other major indexes were down. |
| 1:07.8 | Although the losses were minimal in the S&P and the Russell 2000, those indexes were |
| 1:13.4 | down about 2-10th of a percent. |
| 1:15.5 | But it was a rough week on the NASDAQ, which was down 2.5 percent, bringing its total decline |
| 1:21.8 | for the month of December up to 8.8 percent. |
... |
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