
The Peter Schiff Show Podcast This Time It Is Different – It’s Worse – Ep. 57
Mar 3, 2015
26:25
* First trading day of march - NASDAQ closed above 5000 for the first time in 15 years
* Each time the market goes up with crazy valuations, pundits say, "This time it's different."
* This time the Fed is under more pressure to create the illusion of prosperity
* Today's rally came against the backdrop of weak economic data
* The only way this bubble won't burst is if the Fed intervenes with more stimulus
* Bubbles force you to make an important decision:
* Look like a fool before they pop, or look like a fool after they pop
* It doesn't matter how much money you make, it's how much money you keep
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