Weak Jobs & Bonds + Strong Oil = Stagflation – Ep 739

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.7 • 5.8K Ratings

🗓️ 9 October 2021

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

* Jobs numbers come in lower than anyone expected.
* Investors aren’t buying gold as an inflation hedge because they don’t think there is any real inflation to hedge.
* Buying gold won’t be as hard as selling bitcoin.
* US lead tax cartel pushing the world to less freedom through collusion.

Go to https://bambee.com/gold to schedule your FREE HR audit.

Get an extra 3 months Free on a one year package. https://expressvpn.com/gold

INVEST LIKE ME: https://schiffradio.com/invest

RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/

SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/
Schiff Gold News: http://www.SchiffGold.com/news
Buy my newest book at http://www.tinyurl.com/RealCrash

Follow me on Facebook: http://www.Facebook.com/PeterSchiff
Follow me on Twitter: http://www.Twitter.com/PeterSchiff
Follow me on Instagram: https://Instagram.com/PeterSchiff Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

Click on a timestamp to play from that location

0:00.0	What's up, Peter Schiff show.
0:09.1	Today's podcast is sponsored by Bambi, HR managers, ain't cheap salaries average $70,000
0:16.4	a year.
0:17.8	Just go to bambi.com slash gold to schedule your free HR audit.
0:23.8	Podcast is also brought to you by Express VPN.
0:27.6	Following online without Express VPN, well, that's like using your smartphone without
0:32.0	the protective case.
0:33.5	Your data is always valuable.
0:35.7	Fire up the app and click one button.
0:38.1	Visit expressvpn.com slash gold and get an extra three months free.
0:43.2	Today we got the highly anticipated September jobs report, non-farm payroll report, and
0:50.8	of course every month they seem to be highly anticipated.
0:54.2	It seems like the jobs numbers are always the ones that are the most important, potentially
1:00.3	the biggest market movers.
1:02.2	Of course, that wasn't always the case, but it's been that case for quite some time now.
1:06.4	But one of the reasons I think that this particular jobs report was so highly anticipated
1:12.8	was because Powell himself specifically mentioned this jobs report as being very instrumental
1:22.2	in the Fed's decision on whether or not to begin the taper because he kept referencing
1:28.2	the September jobs report.
1:30.2	The Fed wants to see that report, get another look at the job situation before it decides
1:36.9	on a taper because remember the taper is supposed to start before the end of this year.
1:43.0	So obviously we're in the fourth quarter.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.