DiscoverThe Peter Schiff Show PodcastLongest bull market in history officially ends – Ep 545
Longest bull market in history officially ends – Ep 545

Longest bull market in history officially ends – Ep 545

Update: 2020-03-123
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Longest bull market in US history is officially over and it’s the fastest we’ve ever gone from record highs to a bear market.



The same financial anchors who said not to worry about the banks in 2008 are saying the same thing now.



Dollar gained on yesterday’s strength, but still in a downtrend. Gold prices acting very similar to 2008.



Biden can’t lost and Trump can’t win.



Kudlow saying the same nonsense he was saying as a cheerleader of the President’s economy, except now he’s actually a player in it.



Inflation, even the way the government measures it, is breaking out of its slumber.



Companies more afraid than ever of legal consequences.



 



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Comments (2)

Roberto Rogan

I can't imagine a better scenario for Schieff theories. Debt, oil and pandemia. The fact is that nor gold nor Btc is a safe harbor. Besides the huge American debt, DOLLÁR is. What Peter fails to see is that there a new paradigma in place. Gold will not sky rock and BTC will not vanish in dust. Who ever has gold is now selling it to by stocks for a very low price. Central banks is providiymg liquidity and in few month everything will be back to normal. Peter have been talking about this scenario for at least 9 years, now it is a fact and all his theories is under water. So, don't buy gold, stocks and some BTC, and keep most of the money in the real safe harbor ever...the USD.

Mar 13th
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Longest bull market in history officially ends – Ep 545

Longest bull market in history officially ends – Ep 545

Peter Schiff