Stimulus overdose to propel gold to new highs – Ep 539

Bear markets have notoriously big rallies as they fall down the slope of hope. Today’s record breaking 1200 point rally in the Dow may be an example of that. Markets betting on a 50 basis point rate cut to interest rates and more quantitative easing.

Part of the market rally likely also due to diminishing chance of a Bernie Sanders presidency. But Biden will also be bad for the markets and he has a greater chance of winning

Nothing goes up in straight lines. Bull markets have notoriously big declines as they climb the wall of worry, which we may have seen on Friday. Gold stock positioned for record highs.

 

RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/

 

SIGN UP FOR MY FREE NEWSLETTER https://www.europac.com/

Schiff Gold News: http://www.SchiffGold.com/news

Buy my newest book at http://www.tinyurl.com/RealCrash

Like and follow Peter Schiff on Facebook http://www.Facebook.com/PeterSchiff

Follow me on Twitter: http://www.Twitter.com/PeterSchiff

Our Sponsors:
* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com
* Check out GhostBed: https://ghostbed.com/PETER
* Check out Quince: https://quince.com/GOLD
* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com


Privacy & Opt-Out: https://redcircle.com/privacy