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U.S. Treasuries are Junk Bonds – Ep 598

Author
Peter Schiff
Published
Fri 31 Jul 2020
Episode Link
https://schiffradio.com/u-s-treasuries-are-junk-bonds-ep-598/?utm_source=rss&utm_medium=rss&utm_campaign=u-s-treasuries-are-junk-bonds-ep-598

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.

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