Via Peter Schiff

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It’s been another week of selloffs in the markets. It’s not just stocks. Everything is selling off. The only thing really gaining right now is the US dollar. Meanwhile, the government is promising bailouts for all. In this episode of the Friday Gold Wrap, host Mike Maharrey looks ahead at the possible ramifications of all this “stimulus” money. He also puts the recent drop in the price of gold into some historical perspective.

Note: When Mike was quoting the current gold prices, he said it was at $1,518 an ounce. The actual price was $1,508.

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary.

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SHOW NOTES

The Real Crash Is Here

Peter Schiff: We’ve Passed the Point of No Return

Peter Schiff Said the Fed Was Going to Zero; Here We Are

The Fed Is a One-Trick Pony

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