Unwarranted Optimism Lifts Stocks, Pressures Gold – Ep 827
The Peter Schiff Show Podcast
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Bitcoin - What's the Biggest Loss?
As inflation takes a greater toll on the consumer, real spending will come down. And if we're already in a recession with very low unemployment, imagine how much worse that recess is going to be when we have normal unemployment and then high unemployment. I also want to mention bit coin, because, true to form, as actual gold was going down, fool's gold was going up. In fact, earlier to day, bit coin was back above 24 thousand. It's been rising along with a lot of the text stocks, although as i'm recording later on the day, we're back below 23 thousand 400. There was some significant news though about bitcoin. When tesle released its earnings
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