avatar

A Dove in Hawk’s Clothing – Ep. 49

The Peter Schiff Show Podcast
The Peter Schiff Show Podcast
Episode • Jan 29, 2015 • 17m




* Fed's official statement released yesterday

* Received by the market as hawkish, Fed is still reiterates "patience"

* The statement noted unguarded optimism about the U.S. Economy

* Fed ignored unstable markets, Europe, oil prices and strength of the dollar

* Response: the market sold off and the dollar rallied

* Gold declined on Fed's expectations

* The Fed's underlying goal may be to talk the dollar up and talk the markets down

* Strong dollar buys time

* Continued "patience" indicates Fed's true agenda


Our Sponsors:
* Check out CigarBid and use my code GOLD for a great deal: https://cigarbid.com
* Check out Vanta: https://vanta.com/SCHIFF


Privacy & Opt-Out: https://redcircle.com/privacy
The Peter Schiff Show Podcast • A Dove in Hawk’s Clothing – Ep. 49 • Listen on Fountain