Peter Schiff Discusses The Worst Pre-Election Stock Market Week in History

By YouTube/PeterSchiff / November 01, 2020 / marketsanity.com / Article Link

Topics:

US stock market has worst week since March.Wall Street bought on the rumor of a Biden win; now they're selling before it becomes a fact.Selling will continue even after he wins.It's all about the Fed and nobody cares.Losses will be most pronounced in the bond market.Fed holding back the cure for the economy.Under Capitalism, people get rich by helping other people.Under Socialism, people get rich by controlling other people.Great buying opportunities in gold mining sector.Dollar heading into the biggest bear market it's ever suffered.

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He's also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country.

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