The Peter Schiff Show Podcast
Episodes
Did Yellen Push the Envelope Too Far? – Ep. 286
22 Sep 2017
Contributed by Lukas
Yellen Putting On an Optimistic Front Everybody is watching Janet Yellen this week; the Federal Reserve met and did not raise interest rates - no one ...
Fed Minutes More Show Than Substance – Ep. 285
18 Sep 2017
Contributed by Lukas
Market Anticipates Quantitative Tightening The market continues to rise; people are excited about the Fed meeting that start tomorrow and concludes on...
Tax Deal With Dems Won’t Stimulate Growth – Ep. 284
15 Sep 2017
Contributed by Lukas
President Trump Courts Dems on Tax Reform I think the catalyst for the rise in the stock market today is enthusiasm over President Trump's announcemen...
Risk On Includes U.S. Dollar – Ep. 283
12 Sep 2017
Contributed by Lukas
A Huge Risk-On Day The markets rallied all over the world. Everything was up. All the foreign markets - European markets, Asian markets, rallied. ...
Blowing the Roof Off the Debt Ceiling
08 Sep 2017
Contributed by Lukas
Trump said Government was Too Stupid When Donald Trump was originally elected President, I was out there warning, that budget deficits under the Trump...
Hurricanes Rain On Market’s Parade – Ep. 282
06 Sep 2017
Contributed by Lukas
Threats from Hurricane Irma and North Korea After a long holiday weekend the DJIA fell 234 points this Tuesday. Finally we have some kind of negativ...
Weak Jobs Report Doesn’t Rain on Market Parade – Ep. 281
02 Sep 2017
Contributed by Lukas
Nonfarm Payroll Report Fails to Impress Today is the first Day of September; and since it is the first day of a new month, and it is a Friday, we got ...
Gold Breaks Through $1,300 Resistance – Ep. 280
29 Aug 2017
Contributed by Lukas
$1,300 Was a Coiled Spring Beneath the Market We've been flirting with that $1300 level all year; I've been talking about all the resistance that was ...
My Take on Joe Rogan Redo – Ep. 279
26 Aug 2017
Contributed by Lukas
The Joe Rogan Experience Podcast I appeared the Joe Rogan Experience Podcast while on my trip this week to the West Coast. I first appeared on his sho...
Ben Shapiro Exposes Cenk Uygur’s Economic Ignorance – Ep. 278
18 Aug 2017
Contributed by Lukas
Economic Ignorance I happened to watch a YouTube video Politicon 2017 Live Stream Schapiro vs Uygur and I want to address only the part of the discus...
Freedom of Speech vs. the Thought Police – Ep. 277
16 Aug 2017
Contributed by Lukas
Press Wants Freedom of Speech as Long as It Fits Their Agenda One of the few rights left to us in this country is the freedom of speech. If we don't...
Bitcoin is a Digital Risk Asset, Not a Currency – Ep. 276
14 Aug 2017
Contributed by Lukas
Speculative Asset Bitcoin is a digital risk asset, not a currency. If you own bitcoin you have an asset, but it is not a safe haven. A safe haven is a...
Trump’s Saber Rattles Markets – Ep. 275
11 Aug 2017
Contributed by Lukas
Fire and Fury Not Strong Enough Donald Trump's saber-rattling against North Korea continues. Yesterday the President was asked to clarify his statemen...
Income Not Received Should Not be Taxed – Ep. 274
10 Aug 2017
Contributed by Lukas
Elimination of Deductions for State and Local Tax - "SALT" Tax reform is the one remaining 2018 Republican campaign issue, and the argument over "SALT...
Trump Hypocrisy on Jobs Raises Concerns – Ep. 273
05 Aug 2017
Contributed by Lukas
Trump Jumps to Tweet on Mediocre Jobs Numbers This morning the Labor Department released the July Non Farm Payroll numbers and Donald Trump tweeted,"E...
Dow Tops 22K but Market’s Foundation Has Cracks – Ep. 272
03 Aug 2017
Contributed by Lukas
Trump Takes Credit for Dow Jones 22K We have an all-time high in the Dow Jones today, closing above 22K for the first time ever. Donald Trump did not ...
Skinny Repeal was a Fat Lie – Ep. 271
29 Jul 2017
Contributed by Lukas
Obamacare Repeal Charade Over The whole charade surrounding the repeal of Obamacare is finally over. The most recent attempt, labeled "Skinny Repeal" ...
Dollar Falls as Balance Sheet Shrinkage Doubts Rise – Ep. 270
27 Jul 2017
Contributed by Lukas
Summary: The Dow and the NASDAQ set new record highs today as the dollar sold off near the end of the day to close at yet another low for the year. Re...
Lessons From Vegas Don’t Stay in Vegas – Ep. 269
25 Jul 2017
Contributed by Lukas
Summary: My recent trip to Las Vegas for The Freedom Fest provided some interesting lessons. My observations that we are paying more for less were i...
Weak Data Sinks Dollar But Floats Stocks Ep. 268
15 Jul 2017
Contributed by Lukas
Summary: More weak economic data today sent the U.S. stock market to record highs; at least the Dow and the S&P hit new records. NASDAQ not quite,...
Market Ringing Lots of Bells:Ep. 267
12 Jul 2017
Contributed by Lukas
Summary: There are market indicators of a major top as illustrated by the Blue Apron IPO, as it represents the failure of a very weak company attempti...
Another Weak Jobs Report Portrayed as Strong – Ep. 266
08 Jul 2017
Contributed by Lukas
Summary: There wasn't much of a market reaction to this Nonfarm Payroll report; the dollar index was only up .2% on the day. It closed up flat on the ...
What It Means To Be An American – Ep. 265
06 Jul 2017
Contributed by Lukas
Summary: One of the key differences between Americans and citizens of other countries is that in most nations of the world, individuals gradually won ...
Dependence Day. Americans Celebrate Free Stuff, Not Freedom – Ep. 264
06 Jul 2017
Contributed by Lukas
Summary Independence Day is a great American holiday, but it fills me with joy and sadness. I love to commemorate what America was, and the whole id...
Blue Apron: All That’s Missing is the Sock Puppet – Ep. 263
30 Jun 2017
Contributed by Lukas
Summary: Blue Apron Holdings IPO The Blue Apron Holdings IPO today is reminiscent of the dot com boom. The market is saying the 5-year old company i...
Republican Replacement Won’t Fix ObamaCare – Ep. 262
28 Jun 2017
Contributed by Lukas
Summary: Once again the solution doesn't work. As with the Democrats' solution, the penalties are too low. In both the House and the Senate, tryin...
Senate Plan Makes ObamaCare Worse – Ep. 261
24 Jun 2017
Contributed by Lukas
Summary: Let the SS ObamaCare Ship Sink The Republicans in the Senate finally unveiled their version of ObamaCare Repeal & Replace. It's very he...
All Tax Cuts Are Temporary – Ep. 260
21 Jun 2017
Contributed by Lukas
Summary: Every tax cut is temporary. Ryan's premise that we can't get the stimulus we need without a permanent tax cut is complete nonsense. Congres...
Government, Not Amazon Putting Cashiers Out of Work – Ep. 259
17 Jun 2017
Contributed by Lukas
Summary: Amazon Buys Whole Foods The Dow was up today; mainly on the surprise announcement that Amazon, the king of on-line retailing, is buying Whole...
Hawkish Hike May Backfire on Fed – Ep. 258
15 Jun 2017
Contributed by Lukas
Summary Quantitative Tightening Ahead: The Federal Reserve came out with a surprisingly hawkish rate hike today, announcing plans to shrink the bala...
Statehood Would Be a Step Down for Puerto Rico – Ep. 257
14 Jun 2017
Contributed by Lukas
Summary: In Puerto Rico's recently held non-binding referendum on statehood, just 23% of the eligible voters who actually voted overwhelmingly chose...
Volatility Rises as Fed Readies Another Rate Hike Ep. 256
12 Jun 2017
Contributed by Lukas
Summary: Friday's Tech Wreck continued today, some stocks making key technical reversals. The crypto currencies, also experienced volatility as Bitcoi...
Political Theater Trumps Economic Data – Ep. 255
10 Jun 2017
Contributed by Lukas
Summary: As an unexpected pro-labor vote in the U.K. weakened the pound and strengthened the dollar, the market reacted more to political news, abro...
Will Gold’s Breakout be the Pin that Pricks the Crypto Bubble? Ep. 254
07 Jun 2017
Contributed by Lukas
Summary: Gold and gold stocks are moving to new highs as the dollar index continues its slide. Although some connect this move to market jitters over ...
Weak Data Further Undermines Fed’s Credibility – Ep. 253
03 Jun 2017
Contributed by Lukas
Summary: Today's big miss in the Nonfarm Payroll report indicates further proof for the Fed that the Q1 weak economic data was not transitory. Cou...
Does Weak Box Office Reflect Weak Economy? – Ep. 252
01 Jun 2017
Contributed by Lukas
Summary: Box office revenues for this holiday weekend were the weakest since 1999. Why is that? Some say the movies were not very good, but I think ...
Fed Admits It Needs Evidence Q1 Weakness Was Transitory – Ep. 251
27 May 2017
Contributed by Lukas
Summary: The Fed is now indicating it needs evidence that the Q1 weak economic data is transitory and not a trend. This is interesting for 2 reaso...
The Dollar’s Decline Is Only Just Getting Started – Ep. 250
23 May 2017
Contributed by Lukas
Summary: The dollar's decline really started with the Fed's too-little-too late rate hikes. The rally of 2014 - 2015 was fueled by expectations of...
Will Republicans Dump Trump for Pence? – Ep. 249
18 May 2017
Contributed by Lukas
Summary: Republicans face chaos around Trump's political difficulties, causing some to consider potential advantages of a President Pence. Market vo...
Fed And Markets Excuse Retail Bloodbath – Ep. 248
13 May 2017
Contributed by Lukas
Summary: The retail sector is in worse shape today than it was in 2008 during and immediately following the financial crisis. Retailing has been respo...
Fantasy Trumps Reality – Ep. 247
11 May 2017
Contributed by Lukas
Summary: Trump fantasy persists in the face of weakening economic data, health care and tax reform uncertainty. The reality is that the damage done to...
Fed Dismisses Weak Data to Posture for Another Rate Hike
07 May 2017
Contributed by Lukas
SchiffReport recorded Saturday, May 6 * On Wednesday of this week, the Federal Reserve against a rate hike in May * But based on their official s...
Fed Forecasts – Propaganda or Incompetence? – Ep. 246
02 May 2017
Contributed by Lukas
Summary: Last quarter the Atlanta Fed's Q1 GDP forecast was 3.4% in February. The most recent number was actually .7%. After all the negative ec...
U.S. GDP Cools As Eurozone Inflation Heats Up – Ep. 245:
29 Apr 2017
Contributed by Lukas
Summary: The Europeans released their inflation numbers today. Year over year, inflation in the Eurozone are increasing at an average of 1.9%, which...
Trump Tax Cuts To Starve The Beast – Ep. 244
27 Apr 2017
Contributed by Lukas
Summary: President Trump actually delivered on his promise of the largest tax cut in American history, and he delivered it on time. Trump may have p...
Spending, Not Taxes, Measures Government’s True Burden – Ep. 243
22 Apr 2017
Contributed by Lukas
Summary: Government spending creates the greatest drag on the U.S. economy. Cutting taxes, even the "biggest tax cut ever" cannot stimulate the econ...
Crowd Beginning To Exit Long Dollar Trade – Ep. 242
19 Apr 2017
Contributed by Lukas
Summary: Goldman Sachs is no longer recommending a long trade on the dollar. The dollar was previously regarded as a conviction trade, first over spec...
Is Donald Trump The Next Jimmy Carter? – Ep. 241
14 Apr 2017
Contributed by Lukas
Summary: Donald Trump's promises on healthcare and smaller government appear to be fading behind news of increased military spending, infrastructure s...
Trump Train Ready To Derail – Ep. 240
11 Apr 2017
Contributed by Lukas
Summary: President Trump's campaign promises are falling by the wayside one by one. First the backfire on the replacement for Obamacare, and then,...
Trump Needs To Lead Not Oppose The Freedom Caucus – Ep. 239
31 Mar 2017
Contributed by Lukas
Summary: President Trump needs to lead, not oppose. He is opposing the very forces who put him in office. By aligning with the mainstream Republic...
Over-Confident Republicans Poised For Disappointment – Ep. 238
29 Mar 2017
Contributed by Lukas
* On Monday the market got its first opportunity to react to President Trump and the Republican Congress' failure to repeal and replace Obamacare ...
Obamacare Lives To Die Of Natural Causes – Ep. 237
25 Mar 2017
Contributed by Lukas
* Earlier I talked about the Trump honeymoon, and my belief that it wouldn't last long, in fact I thought it might have ended before the marria...
Why A BAT Will Clobber The Dollar – Ep. 236
18 Mar 2017
Contributed by Lukas
* U.S. stocks ended the week with marginal gains * In fact, the Dow Jones was up only about 12 points on the week * The real action happened ov...
Fed Hikes Rates To Feign Confidence – Ep. 235
15 Mar 2017
Contributed by Lukas
* Today the Federal Reserve raised interest rates for the third time in 10 years * Of course, the tightening cycle began with the first rate hike...
Trump Lauds Job Statistics He Once Impugned – Ep. 234
11 Mar 2017
Contributed by Lukas
* I guess you could say a good jobs report is all in the eye of the beholder * And when it comes to President Trump's eyes, he is now beholding a...
Why TrumpCare Won’t Work, Either – Ep. 233
08 Mar 2017
Contributed by Lukas
* It looks like the Republicans on Capitol Hill, with the blessing of Donald Trump, are trying to repeal one big healthcare program and replace it ...
Rate Hike Odds Surge As GDP Forecasts Collapse – Ep. 232
04 Mar 2017
Contributed by Lukas
* According to Goldman Sachs, the odds of a Fed rate hike coming up at the March meeting, which is less than 2 weeks away is now 95% * It was 90%...
Trump To Make Government Greater Again – Ep. 231
01 Mar 2017
Contributed by Lukas
* Last night, following tradition, President Trump delivered his first State of the Union Address * Although people are saying that it's not tech...
Trump Should Be a Statesman Not A Politician – Ep. 230
25 Feb 2017
Contributed by Lukas
* Yesterday it looked like the Dow's winning streak may have come to an end * We were up 10 days in a row, which was the biggest winning streak s...
The Iceman Goeth, Robots Cometh – Ep. 229
23 Feb 2017
Contributed by Lukas
* The Dow finished with yet another gain today * We closed at 20,775.60 * I've been told that this is the longest consecutive winning streak fo...
Inflation Finally Rears Its Head – Ep. 228
17 Feb 2017
Contributed by Lukas
* We had a very significant day in the currency and gold markets yesterday * We had some good follow through today that really buttresses the poi...
When Yellen Talks Why Do People Still Listen? – Ep. 227
15 Feb 2017
Contributed by Lukas
* Today Janet Yellen was up on Capitol Hill, it was the first of her 2-day testimony * She was before the U.S. Senate today; tomorrow she will be...
Trade Deficits Make America Poorer Not Richer – Ep.226
08 Feb 2017
Contributed by Lukas
* I will be in Orlando tomorrow for the Money Show * I will be there Wednesday and Thursday returning Friday * I have several speaking events,...
Rising Unemployment Is Just The Excuse The Fed’s Been Waiting For
04 Feb 2017
Contributed by Lukas
* Yesterday we got the first jobs report of the year and the way Wall Street and the media seem to be spinning it: * "It was a good report!" * ...
U. S. Dollar Has Worst January In 30 Years! – Ep. 225
02 Feb 2017
Contributed by Lukas
* The month of January came to an end, and it didn't play out the way most people believed it would * Remember when the year began, everybody was...
America Will Lose Any Trade War – Ep. 224
28 Jan 2017
Contributed by Lukas
* Earlier this morning we got the first look at Q4 GDP * As I suggested on the last podcast, in fact as I have been saying all along * We did s...
Will Trump Change the Game Or The Players? – Ep. 222
21 Jan 2017
Contributed by Lukas
* Short and not-so-sweet. Maybe that's how you would describe President Trump's inaugural speech * Which, I think was the briefest since Jimmy ...
Trump Honeymoon Ends Before Marriage Begins – Ep. 221
18 Jan 2017
Contributed by Lukas
* As I said on a prior podcast, this could be the first Presidential Honeymoon to end before the marriage officially begins * Donald Trump will n...
Government Can’t Do Anything Right – Ep. 220
14 Jan 2017
Contributed by Lukas
* It's Friday the 13th and it is a Friday before a 3-day holiday weekend * Monday, of course is Martin Luther King Day * The stock market will ...
Will Trump Follow Obama In His Failure To Deliver? – Ep. 219
11 Jan 2017
Contributed by Lukas
* The NFIB Index of Small Business Optimism in the month of December, so this is post the election of Donald Trump * Shot up from 98.4 in Novembe...
Obama Hands Trump Huge Bubble – Ep. 218
07 Jan 2017
Contributed by Lukas
* Yesterday we got the final jobs report of the Obama era, * We got the December Non-Farm Payroll. * Now technically, when we get the January n...
Bitcoin Again Approaches Parity with Gold – Ep. 217
05 Jan 2017
Contributed by Lukas
* This is another big week for economic data; it is a holiday-shortened week * On Friday we get the big Non-Farm Payroll report * If it's a goo...
Hollywood Minimum Wage Hypocrisy – Ep. 216
31 Dec 2016
Contributed by Lukas
* The Dow 20,000 party is going to have to wait until 2017 * Although I wouldn't necessarily buy a ticket for January * The selloff that starte...
Ep. 215: Irrational Exuberance Trumps All
23 Dec 2016
Contributed by Lukas
* The Dow 20,000 party is going to have to wait - at least for another day * The Dow was down a little bit today - 23 to 19,918 * The broader m...
Fed Fakes Confidence With Another Dec. Quarter Point Rate Hike
16 Dec 2016
Contributed by Lukas
* On Wednesday, the Federal Reserve did exactly what they did last year * They waited until the last possible meeting to nudge the Federal Funds ...
A Candidate’s Bubble Is a President-Elect’s Bull Market – Ep. 214
13 Dec 2016
Contributed by Lukas
* It's been a while since my last podcast and I've gotten quite a few emails from people wondering what happened to me * I was out of the country...
QE4 Is Going To Be Huge – Ep. 213
01 Dec 2016
Contributed by Lukas
* The Trump fantasy rally continued today, of course the big irony here is that all of the stock traders who were so worried about a Donald Trump p...
Trumped Up Irrational Exuberance Continues – Ep. 212
24 Nov 2016
Contributed by Lukas
* The Dow Jones is in record territory, closing above 19,000; they're already starting to talk Dow 20,000 now * The markets are euphoric ...
Yellen’s Remarks Cause Markets To Anticipate The Impossible – Ep. 211
18 Nov 2016
Contributed by Lukas
* The stock market continues to ride the Trump wave to new highs, in fact the Russell 2000 hit an all-time record high today * The enthusiasm for...
Fiscal Stimulus Impossible Without Monetary Stimulus To Finance It – Ep. 210
12 Nov 2016
Contributed by Lukas
* What a difference a day makes * Between Tuesday evening, when the markets first began to realize that Donald Trump was going to win the electio...
Making America Great Again Will Be Much Harder Than Voters Think – SchiffReport
10 Nov 2016
Contributed by Lukas
* It is Wednesday, November 9, 2016, one day following one of the biggest political upsets in U.S. political history * As Donald Trump shocked ev...
Will A Trump Win Rain On Stock Market’s Clinton Victory Parade? – Ep. 209
08 Nov 2016
Contributed by Lukas
* It's not going to be a new record as far as the consecutive days of declines for the U.S stock market * The 9-day losing streak ended today in ...
Stocks Slide As Jobs Report Keeps Rate Hike Possibility Alive – Ep. 208
04 Nov 2016
Contributed by Lukas
* Today U.S. stocks extended their losing streak to 9 consecutive days * We haven't had a losing streak this long since 1980 - that was 36 years ...
Is Nov. Trump Victory More Likely Than Dec Rate Hike? – Ep. 207
03 Nov 2016
Contributed by Lukas
* Today the possibility of a Fed rate hike in December rose about 10 points * We're now at about an 80% probability, at least the way the markets...
Was Q3 GDP Rigged Just In Time For The Election? Ep. 206
29 Oct 2016
Contributed by Lukas
* Yesterday we finally got the release of the initial estimate for Q4 GDP * The Atlanta Fed had originally come out with an estimate of about 3.8...
Markets Ignore Fed’s Bullard One And Done Admission – Ep. 205
25 Oct 2016
Contributed by Lukas
* The odds of a December rate hike continue to ratchet up above 70% * We had a parade of Fed officials, most recently again today coming out an...
Pace Of Consumer Price Increases Set To Accelerate – Ep. 204
19 Oct 2016
Contributed by Lukas
* The official probability of a December rate hike continues to diminish over the last several days * The markets had the rate hike at about a 70...
Media Trumps Up Obama To Help Clinton – Ep. 203
15 Oct 2016
Contributed by Lukas
* It's another week where the dollar remained relatively firmly bid; the dollar index closing just above 98 * Gold prices seem to have a lid on t...
Putting The Trump Controversy Into Perspective – Ep.202
10 Oct 2016
Contributed by Lukas
* The most highly anticipated presidential debate in history is over and to me, the anticipation was more like a highly-promoted professional boxin...
September Jobs Report Even Weaker Than It Appears – Ep. 201
08 Oct 2016
Contributed by Lukas
* This morning the government released the most important, the most highly-anticipated economic release of the month * At least that's what every...
Trumped Up Rate Hikes – Ep. 200
05 Oct 2016
Contributed by Lukas
* This is my 200th podcast and I looked back to the date of the first one and it was just over 2 years ago, September 2014 * I began this podca...
Fed Bigger Threat To Depositors Than Wells Fargo – Ep. 199
30 Sep 2016
Contributed by Lukas
* It looks like the U.S. stock market is going to close out the 3rd quarter on a positive note * The catalyst for the rally today is the big rall...
The Debate We Should Have Seen – Ep. 198
27 Sep 2016
Contributed by Lukas
* I'm going to use today's podcast to offer my take on last night's Presidential Debates * Which certainly did not live up to all of the hype and...
No Alien Invasion And No Rate Hike – Ep. 197
21 Sep 2016
Contributed by Lukas
* Aliens didn't invade the Earth, and the Federal Reserve didn't raise interest rates * If you remember, I was pegging the probability of each at...
Damned If They Do And Damned If They Don’t – Ep. 196
21 Sep 2016
Contributed by Lukas
* This morning the Federal Open Market Committee began its 2-day meeting, where they're supposedly going to discuss raising interest rates for the ...
Hedge Fund Billionaires Finally Calling Out The Fed – Ep. 195
15 Sep 2016
Contributed by Lukas
* We got a lot of economic data released today, most of it bad, and most of it worse than expected * What I did not expect was that the market sh...
Fed Cavalry Charges To Market’s Rescue Ep. 194
13 Sep 2016
Contributed by Lukas
* Today was a day of damage control for the Federal Reserve * It almost seems like whenever they discuss the possibility of a rate hike, they're ...
Markets Rattled by Rate Hike Possibility – Ep. 193
10 Sep 2016
Contributed by Lukas
* We had widespread selling in the markets today; it was real carnage across the board * Everything went down except the U.S. dollar * The Dow ...
Data Dependent Fed Ignores Bad Data – Ep. 192
07 Sep 2016
Contributed by Lukas
* Last week on Thursday we got that much weaker than expected ISM Manufacturing number, which didn't get a lot of attention because it came out a d...
It’s Not Bad News Until The Fed Says It’s Bad – Ep. 191
03 Sep 2016
Contributed by Lukas
* On Friday we got the Non-Farm Payroll report and, of course, this jobs report is the most important ever * Because it was going to determine ...