Peter Schiff Media Roundup Jan. 4 – Jan. 15
Over the past two weeks, Peter Schiff released a podcast and a Schiff Report video. He also appeared on CNBC, the Daily Ledger, Fox Business, X22, Newsmax, Yahoo! Finance, Stefan Molyneux’s podcast , and CCTV America.
Since the beginning of the new year, Peter has focused on the horrible start on Wall Street and the likelihood of an economic downturn in 2016. In several appearances, he continued to argue that the Federal Reserve won’t be able to maintain its interest rate increase, and will ultimately drop the rate back to zero and launch another round of quantitative easing. Peter also offered his views on the State of the Union Address.
Follow these links to jump to the video or article you’d like to see:
1. CNBC Admits Peter Schiff Was Right, Jan. 14
2. CNBC: Blame Market Volatility on the Fed, Not Commodities, Jan. 14
3. Yahoo! Finance: What Will the Fed Blame the Coming Recession On?, Jan. 14
4. Stefan Molyneux’s podcast: The State of the Union: A Big Joke on the American People, Jan. 13
5. Schiff Radio podcast: Obama Delivers the Most Clueless State of the Union Address Ever, Jan. 13
6. The Daily Ledger: Yellen Could Pave the Way for Hillary with More Easy Money, Jan. 11
7. Fox Business: Bull vs. Bear; When Will the Stock Market Capitulate?, Jan. 11
8. Schiff Report: Deja Vu All Over Again: Stocks Plunge; Gold Surges; Markets Ignore Reality, Jan. 9
9. X22 Report: Next Crisis Will Be Much Harder on All Americans, Jan. 5
10. Peter Schiff Says Wild Ride on Wall Street Will Continue Until Fed Admits the Truth, Jan. 5
11. CCTV: Peter Schiff: Puerto Rico Bailout Immoral; Bankruptcy a Better Solution, Jan. 4
CNBC Admits Peter Schiff Was Right
Last month, Peter Schiff told CNBC the US stock market would fall dramatically if the Federal Reserve hiked rates. That is exactly what has happened in the new year, and when CNBC spoke with Peter yesterday they admitted his prediction had been right.
CNBC: Blame Market Volatility on the Fed, Not Commodities
Peter Schiff spoke with CNBC World last night. Just like Futures Now and Yahoo! Finance, the anchor questioned whether or not the Fed is really to blame for market volatility. He thought commodity volatility – particularly oil – played a big role. Peter disabused him of this theory and explained why he expects the Fed to launch QE4 in 2016.
Yahoo! Finance: What Will the Fed Blame the Coming Recession On?
Peter Schiff spoke with Yahoo! Finance yesterday. The anchor was skeptical of Peter’s forecast of the United States sliding into a recession in the first quarter of 2016. She pointed to the low unemployment rate as the sole reason for optimism. Peter explained why employment is a lagging indicator, and reminded her of Fed Officer Bullard’s history of hinting at the Federal Reserve’s real agenda.
Stefan Molyneux’s podcast: The State of the Union: A Big Joke on the American People
Peter Schiff appeared on Stefan Molyneux’s podcast Wednesday and dissected the State of the Union address, calling it a big joke in the American people.
Schiff Radio podcast: Obama Delivers the Most Clueless State of the Union Address Ever
Peter discusses the State of the Union address, calling Obama’s speech the most clueless ever. Peter breaks down all of the economic fallacies the president invoked during the SOTU, honing in on the fact that the president seems clueless that we are about to head over a cliff. Instead he’s claiming victory over the Great Recession and acting like economy is great.
Yellen Could Pave the Way for Hillary with More Easy Money
Peter appeared on the Daily Ledger to discuss the global economy. Peter refuted the idea that the US stock market is falling thanks to Chinese market troubles. In fact, he argued it’s the other way around – the Federal Reserve is the source of global instability.
Bull vs. Bear; When Will the Stock Market Capitulate?
On Fox Business, Peter debated Andy Brenner, who argued that now is the time to be bullish on the US economy and stock market. Brenner pointed to the latest 5% unemployment figure as his main proof. Peter again made the case that unemployment data is a lagging indicator of economic health at best.
Deja Vu All Over Again: Stocks Plunge; Gold Surges; Markets Ignore Reality
In this episode of the Schiff Report, Peter looks back at the first week of the new year, examining the performance of the US and Chinese stock markets, the price of gold, and a collection of other economic data.
Janet Yellen Gets Nuts
Peter spoke with the X22 Report and covered the gamut of economic analysis. They discussed the latest economic data and why the United States is likely heading into a fresh recession in 2016. They also compared what lies ahead to the 2008 crisis and discussed what it could mean for everyday Americans.
Wild Ride on Wall Street Will Continue Until Fed Admits the Truth
Peter talked about the miserable start for Wall Street in 2016 on Newsmax Prime. Peter said until the Fed admits the truth about the economy, there is really nothing to stop stocks from continuing on a downward trajectory.
Rate Hikes Are Over; Fed Will Ease Next
In an interview on CCTV America, Peter discussed the debt crisis in Puerto Rico and whether the US should bail out the struggling territory. He told the CCTV interviewer that the US is at least partially responsible for the crisis and should help by allowing Puerto Rico to go into bankruptcy. But he emphatically argued against a bailout.
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