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Recession Hiding in Plain Sight – Ep. 146




* We had some wild swing in the market today, particularly the stock market and the gold market
* At one point this morning, the Dow Jones was down about 270 points
* It finished the day up 53 po…


Published on 9 years, 10 months ago

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Stagflation Rears Its Ugly Head – Ep.145




* It looks like Jamie Dimon's bottom turned out to be the trap door I thought it was, with the Dow Jones today down almost 190 points
* The market was let lower by the financials, JP Morgan itse…


Published on 9 years, 10 months ago

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Gold Sacks Goldman Sachs – Ep. 144




* What a difference two days make! Two days ago I recorded my podcast, "Goldman Sachs Sacks Gold", and that was because Goldman Sachs' comments about shorting gold were partially responsible for th…


Published on 9 years, 10 months ago

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Goldman Sachs Sacks Gold – Ep. 143




* The big story of the day was the pullback in the price of gold
* Gold was above $1260 last week; it pulled back a little bit on Friday, but the real damage happened overnight on Monday, while we…


Published on 9 years, 10 months ago

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Janet Yellen Channels Scott Nations – Ep. 142




* Big day in gold today; gold broke over $1200 for the first time in almost over a year, in fact we hit a new 1-year high
* I saw gold trading above 1260 at one point in the morning, that was up b…


Published on 9 years, 10 months ago

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Yellen Throws Sinking Market an Anchor – Ep. 141




* Janet Yellen was up on the Hill today for the first of her two-day testimony before Congress
* Remember I said the only way that Janet Yellen could stop the market from falling is to admit that …


Published on 9 years, 10 months ago

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Scott Nations Claims Peter Schiff Was Never Right – Ep. 140




* It was another volatile day in the U.S. stock market, with the Dow swinging from positive to negative to positive to finally closing negative, but well off the lows and the highs of the day
* Th…


Published on 9 years, 10 months ago

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Gold Hits $1,200 as Financials Get Hit – Ep. 139




* As I mentioned in my video blog I recorded on Friday,  the jobs data that came out on Friday was just not weak enough for the market
* So the markets' carnage continues, because everybody still …


Published on 9 years, 10 months ago

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Weak Jobs Report Not Weak Enough For Stocks – Schiff Report




* It really was a brutal week on Wall Street, led by the tech-heavy NASDAQ, which is down about 5-1/2% on the week; 3% of that alone came today, now down about 17% from its high
* Not officially i…


Published on 9 years, 10 months ago

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Recovery Fantasy Persists Despite Recession Evidence – Ep. 138




* So far the month of February is just 4 trading days old, and already the U.S. dollar index is down just over 3 percent
* We closed January at 99.6 and we closed at 96.5
* Gold, going the other …


Published on 9 years, 10 months ago





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