Fake Accounting Trumps Fake News Ep. 400

Published: Oct. 17, 2018, 2:04 a.m.

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\\nThanks to Listeners for 400 Episodes of The Peter Schiff Show Podcast
\\nFor those of you who say that Peter Schiff does Podcasts when the Dow is down, Dow Jones was up 547 points today.\\xa0 This is my 400th episode of the Peter Schiff Show Podcast. I want to take a moment to thank my audience - everybody who has been listening to the podcast.\\xa0 Especially to the people who have listened to all 400 episodes.\\xa0 By the way,\\xa0 if you missed a few, they\'re all archived.
\\nCheck out all the Archived Episodes of the Shows
\\nSome people have been listening for a lot longer.\\xa0 I was doing a daily talk show for 3 years or so. I started it after my failed Senate campaign to continue to get my ideas out there.\\xa0 But I eventually did not have enough hours in the day to commit to be at a mic for 2 hours each day doing a live show, even though I enjoyed it - we had a lot of guests and I took a lot of calls. Before I ran for Senate, I did a once a week call-in show, Wall Street Unspun. Some people who are listening to the podcast go all the way back to the Wall Street Unspun days. A Special thanks to the people who have listened all of these years.
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\\nRemember, if you have been listening to my podcasts, certainly if you\'ve listened to all of them, do me a favor and rate the podcast\\xa0on iTunes or whatever platform you use to access my podcast.\\xa0 Rate the podcast, make comments about the podcast, put 5 stars down there.
\\nMarket Up, But We May Still be in Bear Territory
\\nThere is so much overwhelming evidence that the bull market is over, and that\'s what I want to focus on. The housing stocks had a rally today but the auto stocks are still very weak. The economic data that I\'ve been seeing has been weak but nonetheless, as I said earlier, the Dow was up 547 points, that was 2.17%.\\xa0 But the NASDAQ Composite was up 214 points - 2.89% on the day. The Russell 2000, which had been getting beaten up was up 43 points today - 2.82%.
\\nGold Steady, Dollar Negative Most of the Day
\\nGold was only off a couple of bucks.\\xa0 It started the day higher, 5-6-7 dollars, but in the face of this tremendous rally, gold kind of lost its bid.\\xa0 But it didn\'t really sell off. It was only down a little bit.\\xa0 So gold stocks in general were down, but not much.\\xa0 The dollar spent almost the entire day negative.\\n\\nOur Sponsors:\\n* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com/ \\n\\nPrivacy & Opt-Out: https://redcircle.com/privacy'