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Worst Pre-Election Stock Market Week in History – Ep 623

Author
Peter Schiff
Published
Sat 31 Oct 2020
Episode Link
https://schiffradio.com/worst-pre-election-stock-market-week-in-history/?utm_source=rss&utm_medium=rss&utm_campaign=worst-pre-election-stock-market-week-in-history

US stock market has worst week since March.

Wall Street bought on the rumor of a Biden win; now selling before it becomes a fact.

Selling will continue even after he wins.

It’s all about the Fed and nobody cares.

Losses will be most pronounced in the bond market.

Fed holding back the cure for the economy.

Under Capitalism, people get rich by helping other people.

Under Socialism, people get rich by controlling other people.

Great buying opportunities in gold mining sector.

Dollar heading into the biggest bear market it’s ever suffered.







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