Peter Schiff: Summer Data Swoon Puts Fall Taper in Doubt

YouTube/PeterSchiff, Released on 9/3/21

  • Jobs numbers disappoint expectations, but Biden brags.
  • Inflation expectations highest since just before 2008 financial crisis.
  • AOC pressures Biden to nominate a more woke Fed chair.
  • Fed causing a lack of savings, which pushes up asset prices and makes the rich richer.
  • Gold prices calling Fed’s bluff on tightening.
  • If Bitcoin is better than gold, Ethereum must be better than Bitcoin.
  • Markets not sure if bad news is good news or if bad news is bad news.

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He’s also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.

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