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Yellen’s Recovery is as real as George ‘s Beach House Ep. 35

Author
Peter Schiff
Published
Sat 13 Dec 2014
Episode Link
https://schiffradio.com/yellens-recovery-real-george-s-beach-house-ep-35/?utm_source=rss&utm_medium=rss&utm_campaign=yellens-recovery-real-george-s-beach-house-ep-35

Yellen's Recovery is as real as George Costanza's Hamptons Beach House Ep. 35



* Volatile Friday followed by Monday rally trend

* The stock market has rallied very high very fast with little technical support.

* The gold market had its best week relative to equities.

* Only a dozen markets have beaten gold this year.

* Rally started with Michigan Consumer Sentiment assisted by Dodd/Frank revisions.

* The dollar was mixed at Friday close.

* The oil market is indicative of the Fed's movements.

* The Fed's history predicts continued to support for bubbles with additional QE, despite reports to the contrary.

* QE4 will be bigger than previous QE's and will precipitate higher oil prices.

* The pretense that QE is over has fueled the market, but QE4 will trigger the bursting of multiple bubbles.


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