The Bigger the Bubble, the Smaller the Pin – Ep 773
The Peter Schiff Show Podcast
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The Fed Is Not Going to Rake Rates, but It's Going to Hurt the Economy
The dollar index closed at 97 spot two, one up solidly on the week. The same thing that is pushing the dollar up is what's pushing gold down. Oil had another positive week, closing at 86 82. But look at the intra de on friday, a barrel of oil traded as high as 88 dollars and 84 cents. That's the new high water mark. I expect that the markets will take that out next week. In fact, i think by the time pal gets around to that first rate hike in march, the price of oil will likely be above 100 dollars a barrel.
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