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As The New Year Begins, Will The Recovery End? – Ep. 40

The Peter Schiff Show Podcast
The Peter Schiff Show Podcast
Episode • Jan 4, 2015 • 35m






* Falling unemployment trends seem to be over

* PMI "unexpectedly" drops to 53.9%

* Construction spending "unexpectedly" fell .3%

* December ISM fell to 55.5

* Draghi's comments at ECB sparked U.S. Dollar rally despite weak data

* Eurozone QE not likely

* 2014 was a flat year for gold, despite bad press

* Dollar price based on higher interest rate expectations

* Price of gold has tripled since 2005

* Gold mining costs rise with inflation

* The real bubble is the confidence in central bankers





 

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