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Gold to the Moon, Bitcoin Stuck on Earth – Ep 785

The Peter Schiff Show Podcast

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Introduction

The markets finished a volatile day on t Tuesday in the red. A lot of the volatility centered around president biden's midday speech, although everybody kind of knew the speech was coming all morning. If you want domestic oil and gas companies to produce more, you have to let them earn more. The s m p 500 is now down by 13 and a half%. Both the russell two thousand and the nasdek composite are down 20 point two % from its high. I think the same fate awaits the s m p and the doo,. provided the feter reserve doesn't come to the rescue and prevent it from happening.

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