Peter Schiff: Markets Move on Fantasy, Ignore Reality

By YouTube/PeterSchiff / August 07, 2021 / marketsanity.com / Article Link

Wall Street trading on "garbage in, garbage out" algorithm.Another month, another record trade deficit.Moratorium on student loan payments extended.Eviction moratorium will send rent prices skyrocketing.Supreme Court says eviction moratorium is unconstitutional; Biden extends it anyway.AOC says we have a supply and demand problem.CNBC baits Lyft CEO for a Bitcoin headline.

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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