U.S. Treasuries are Junk Bonds

July ends with record monthly closes. Apple becomes world’s most valuable company. Gold settings records. Silver has its best month since 1979. US Dollar has lost better than 99% of its value. Slow orderly decline could turn into rapid disorderly crash. 10 and 30 year Treasury Bonds close with lowest yields in history. This is the 1970s on steroids. Jerome Powell levels up on not thinking about rates. Meals & Entertainment back on the menu for tax deductions. Trump’s Kodak moment is not a pretty picture.
See Also: (Peter Schiff) – Peter Schiff – The Real Threat

Euro Pacific Asset Management, LLC is an independent investment advisor focused on providing high-quality, sustainable investment strategies to clients globally. We take a fresh approach to understanding the economy and investing internationally that is not overly influenced by traditional economic views.
Also: (Peter Schiff) – In 2012 Peter Schiff Calls Out the Fed for Creating the Prior and Next Crisis

Peter Schiff at The Atlantic’s Economic Summit in Washington D.C. in 2012.
Also: (Peter Schiff) – What the dollar losing reserve status portends

Gold and silver rise as the dollar falls. Bitcoin getting pumped – watch out for the dump. Don’t go all in on gold. Quantitative easing is here to stay. American’s will be much poorer when the dollar loses its reserve status. Republicans introducing $1 Trillion stimulus bill – Democrats say it’s too small.
Also: (Peter Schiff) – Schiff and Pomp Live on Bitcoin and Gold

Peter Schiff and Anthony Pompliano discuss the big rise in gold, silver, bitcoin, and crypto. Recorded live 7/26/20
Also: (Peter Schiff) – The ADA has disabled the disabled for 30 years

The road to hell is paved with good intentions. The ADA further disables the disabled. American Samoa was crippled by the Fare Wage Act. Discrimination laws create more discrimination.
Also: (Peter Schiff) – Gold’s record close above $1,900

US dollar begins it’s decline. Financial news ignoring the biggest financial story out there. Intel and Tesla move into bear markets. Gold up 50% over Trump’s 3.5 years in office. A brief history of legal tender in the US.
Also: (Peter Schiff) – Forget Payroll Tax. Inflation’s the Real Tax

Peter Schiff with Liz Claman discussing gold, silver, mining, dollar, economy, inflation. July 22, 2020
Also: (Peter Schiff) – Investors remain oblivious to gold’s warning

Gold prices tease $1900. Big gains in silver, but that bull market has barely started. CNBC oblivious to what this means for economy. Trend broken of declining unemployment. A dollar crisis is much worse than a financial crisis. Wall Street learned nothing from 2008.
Also: (Peter Schiff) – What silver’s breakout really means

Investor money still piling into at-home stocks. The world is going back to a gold standard whether the Fed wants one or not. Massive moves in silver coming. Traders unwinding short spreads on precious metals. The canary in the coal mine is dropping dead. The coming crash will likely be worse than I ever imagined. New government relief package in the works, but we really need relief from the government. You get less of what you tax and more of what you subsidize. Payroll tax is a tax on jobs. Student loans should be forgiven.
Also: (Peter Schiff) – My Joe Rogan Experience

Why I interrupted Joe Rogan. Are capitalists mean? Dictionaries changed the definition of inflation.
Also: (Peter Schiff) – Confiscatory taxation is coming

Gold passes $1800 and reaches all time highs in every currency in the world except the US dollar. China may cut US from trade. China propping up US dollar so US may not be able to buy from anyone soon. 600 financial firms took forgivable PPP loans. Entrepreneurs created the middle class. Biden wants equal outcomes, not equal treatment. Estate Tax is unconstitutional. Big tax hikes coming.
Also: (Peter Schiff) – Gold keeps knocking on 1800’s door

All indexes in the red today. Closed down college towns is more bad news for banks. Massive support built for gold’s bull market. Gold stock fundamentals continue to improve. Fascism is Socialism.
Also: (Peter Schiff) – Peter Schiff’s Independence Day Remix

Peter Schiff – Jul 4th, 2020
Also: (Peter Schiff) – What it means to be an American

Also: (Peter Schiff) – Jobs and Stocks Are Nothing to Brag About

Also: (Peter Schiff) – Gold Is The New Gold

Air going back into the bubble is fueling Q2’s phony rally from Q1. Spectacular gains in the gold stocks eclipse the gains in the Dow, Nasdaq, and S&P. Gold breaking out and stealing the spotlight from Bitcoin. The dollar privilege, enjoyed by all Americans, is about to go away. When the dollar loses its reserve status, gold will take its place. Congress and the Fed open the door for reparations. The income tax is racist!
Also: (Peter Schiff) – The V-shaped recovery narrative is falling apart

I confused D.C with Puerto Rico when I discussed the number of Representative it would have if it became a state. It would only have one Representative. It’s Puerto Rico that would have five. As I predicted, US stock market continued to be under pressure throughout the week. Financial stocks lead lower by Goldman Sachs. Companies that can’t make money need to go out of business. Betting odds overwhelmingly favor Democrats victory in White House and Senate. House of Representatives pass bill to make Washington D.C. the 51st state. When Republicans lose the Senate in November, they may never get it back. Elizabeth Warren has inside track on Secretary of Treasury in Biden cabinet. Euro Pacific funds made up for 5 years of under performance in 6 months.

Also: (Peter Schiff) – The Dollar Milk Shake Theory is all Wet

I’m going on the Joe Rogan Experience July 14th. I’m speaking at FreedomFest July 16th. Gold is the last safe haven left standing. Trump an even bigger underdog than he was in 2016.
Also: (Peter Schiff) – During bad times, a good Fed Chair is not popular

Strong signs we’ve exhausted this bear market rally. Dollar and Bitcoin bottoms ready to drop from under them. Real estate sales masking underlying weakness in market. Trump is the Republican Jimmy Carter.
Also: (Peter Schiff) – Fed buying junk bonds to reward speculators

Powell testifies in front of the Senate. Fed beholden to Wall Street speculators. We are the future generation that has to pay for the Fed’s profligacy. We’re in the lull before the storm. Dollar crash looming. I touched the third rail and the mob has come to get me fired. The bar has been lowered, letting real racists off the hook.