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The Peter Schiff Show Podcast

Yellen’s Recovery is as real as George ‘s Beach House Ep. 35

30 min13 december 2014
Yellen's Recovery is as real as George Costanza's Hamptons Beach House Ep. 35

* Volatile Friday followed by Monday rally trend
* The stock market has rallied very high very fast with little technical support.
* The gold market had its best week relative to equities.
* Only a dozen markets have beaten gold this year.
* Rally started with Michigan Consumer Sentiment assisted by Dodd/Frank revisions.
* The dollar was mixed at Friday close.
* The oil market is indicative of the Fed's movements.
* The Fed's history predicts continued to support for bubbles with additional QE, despite reports to the contrary.
* QE4 will be bigger than previous QE's and will precipitate higher oil prices.
* The pretense that QE is over has fueled the market, but QE4 will trigger the bursting of multiple bubbles.


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