Bitcoin, Stock Market and More

The highlights from this week's media appearances from Peter Schiff.

Peter was mentioned on CCN,  Peter Schiff Says ‘It’s Game Over for Bitcoin’ After Epic Pump and Dump; Crypto Twitter Laughs and also on U Today on the same topic, Peter Schiff on Bitcoin Price Drop: "Pump-and-Dumpers Are Losing Their Mojo". 

You can find the weekly gold podcast from Schiff Gold here: Inflation? What Inflation? Friday Gold Wrap Dec. 6, 2019.

Here's the most important tweets from Peter Schiff this week:

What the Powell Put was, was the Fed’s assurance that under no circumstances would it consider raising interest rates. And it doesn’t matter what happens to inflation. (with a link to the article: The Lurking Inflation Monster)

I don't know if this December can take out last year's. But it's possible, given that there's no reason for the stock market to up where it is. The only reason the stock market has gone up is because of the Federal Reserve.

Capitalism Is Failing In Hollywood

"It’s time for an economic revolution. Capitalism today is failing us, killing us, and robbing from our children’s future."

In response to Mark Ruffalo’s tweet:

Capitalism is failing in Hollywood. Some actors make millions while others struggle waiting tables to make ends meet. Let’s redistribute the wealth. Equal pay for all actors. All actor compensation should be paid directly to SAG. Then each member will be given their fair share.

Video: The Fed's Exit Plan is QE Infinity

Location: New Orleans Investment Conference

After a decade of promises about how QE (quantitative easing) and zero interest rates would solve the subprime housing debacle, now as the Federal Reserve is lowering interest rates again it's become clear that there is no exit plan. Or if there is, the plan is QE to infinity. 

Topics:

• Monetary Policy, QE
• Gold and Silver markets are positioned for the rally of our lifetimes