Peter Schiff @PeterSchiff
Chief Economist & Global Strategist https://t.co/X35usGhhgW, Chairman https://t.co/Ib5G6n78js, Founder https://t.co/a2VnvnhiKN, Host https://t.co/YAV1Kdqb51 amzn.to/1nDylDr Joined July 2009-
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Normally when a stock reports much better than expected earning, other stocks in the same industry also rise on the good news. But since sentiment is so negative in #gold mining stocks, even though $NEM is up 5.5% today on an earnings beat, the rest of the sector is selling off.
Gold fell and the dollar rose in reaction to hotter than expected #inflation data. But this time the news came along side of much weaker than expected #GDP data. #Stagflation is actually bullish for #gold and bearish for the #dollar. A weak economy will prevent needed rate hikes.
'Stagflationary' GDP Data Sparks Market Turmoil, Rate-Cut Hopes Crushed zerohedge.com/markets/stagfl…
The tax chiefs of the J5 countries all bragged about how they helped shut down my bank, because prior to their investigation they suspected it of facilitating global tax evasion. But they failed to admit that their two-year investigation actually proved those suspicions false.
Durables Goods Orders Suffers Biggest YoY Decline Since COVID Lockdowns zerohedge.com/economics/dura…
What The Rising Gold Price Signals (Spoiler Alert: Nothing Good) zerohedge.com/markets/what-r…
Nvidia's explosion in value highlights its crucial role in AI, impacting the tech and gold markets. Learn how gold powers today's top technologies. #Nvidia schiffgold.com/commentaries/h…
Biden's FTC Blocks $8.5 Billion Deal Between Michael Kors & Coach As Central Planners Target Fashion zerohedge.com/markets/bidens…
After months of delays I finally received a response from the IRS regarding my FOIA request for documents and emails pertaining to IRS Chief Jim Lee's participation in an OCIF press conference in Puerto Rico to announce the closure of my bank. The 335 pages that the IRS claimed…
George Gammon @GeorgeGammon
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260K Followers 2K Following All personal opinion & snark | Not financial advice | ★☆☆☆☆ podcast | I'll NEVER DM you | Disclaimer to all posts: https://t.co/s7AtYCmH6fSantiago Capital @SantiagoAuFund
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167K Followers 2K Following Hope has two beautiful daughters - Anger and Courage. Anger at the way things are, and Courage to see that they do not remain as they are. - St. AugustineYou can see the relative strength in the gold + silver stocks after a quick, large drop in the metal prices did not turn into a meltdown in share prices. Gold + silver stocks are holding up well vs. the sell-off in metals. Buyers ready for dips, pullbacks are mild. $HUI vs $GLD
The predominant feature in this correction of gold and silver prices will be short-lived price drops in the gold and silver stocks. There are hungry buyers waiting by. Very strong supports just below. Buyers waiting for a larger corrective phase may miss out. $GDX $HUI $GDXJ
Renato “Money” Moicano uses his post fight speech to shout out the 1st Amendment & Ludwig von Mises #UFC300
@PeterSchiff You have been playing chess while the rest of the market has been playing checkers! How can one man be so vindicated?
Record High Price close after close after close for #Gold this week! Ending at $2,330/ounce
The Elephant in the Room #inflation
@PeterSchiff Hey Peter, that sounds like a truly challenging situation you've been through. It's unfortunate how things unfolded with the regulators and the impact it had on you and your customers. It's clear you had the best intentions at heart for everyone involved. Hoping for a…
@PeterSchiff Peter, I rewatched your interview with Alex Mashinsky, and the points you made about Bitcoin in 2021 are even more relevant now. Commodities will pop and next year so will rates, and I think you'll have the final and most important laugh.
@PeterSchiff Peter, another great indicator and proof that we’re in a stagflation economy is the trucking industry. It has fell on its face, there are barely enough loads, joy paying what they once did, and meanwhile everything keeps going up in price! Oil, diesel, parts..etc.
@REMEZCLA @merzysofia Jake Paul isn't taking anything away from Puerto Rico. He pays 4% tax on his export service income. Had he not moved here, Pueto Rico would have gotten nothing. You're also wrong as all native puerto Ricans qualify for the same tax break. He is doing far more for PR than you are.
@PeterSchiff Fair point - while I beleive in Bitcoin and can see a future in it there is also the very real possibility that Peter is right (however much I hate to say it) 😃
I don’t care if p(doom) is high. I don’t care if it’s over 50%. Full speed ahead
@PeterSchiff @VivekGRamaswamy If this was a presidential ticket, you’d get my vote.
🚨📰 My statement on the House TikTok Ban 📰🚨 The passage of the House TikTok ban is not just a misguided overreach; it's a draconian measure that stifles free expression, tramples constitutional rights, and disrupts the economic pursuits of millions of Americans. With an iron…
@PeterSchiff Of all Ordinals, these are the only ones I’d consider just for the novelty… 😆
@mjrowland68 @edmundtadros @NeilChenoweth @Ageinvestigates @steph_march @Kate_McClymont @MelbPressClub @PeterSchiff has a great point Michael why won't you reply? You nominated a lying fraud.
@FBI Surprised you didn’t go with something like this….🤦🏼♂️🤡
@PeterSchiff It's very unfortunate that the J5 waged a war on you. They were hell-bent on shutting your bank down whether they found anything or not. This is just another example of government corruption.
@PeterSchiff I started re follow you again because of this tweet
@PeterSchiff @JMilei Peter and Rand should run for president in 2028.
@PeterSchiff Judge blocks JetBlue's Spirit Airlines takeover, potentially leading to bankruptcy. Expect less competition and higher prices