Financial conditions are rapidly deteriorating – Ep 542

Week closes out with another big drop in the markets. Nasdaq and Russell 2000 hit new lows. Russell 2000 on-track to have lost value during Trump’s four years in office. Oil prices are plunging, which is bullish news for gold mining companies as their production costs decrease and gold prices increase. Fed’s balance sheet rose by a whole month's worth in one week and it looks like that trend will continue in the weeks to come. Fed’s crisis hasn’t even begun.   RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/   SIGN UP FOR MY FREE NEWSLETTER https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Like and follow Peter Schiff on Facebook http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiffOur Sponsors:* Check out Blinds.com and use my code GOLD for a great deal: https://www.blinds.com* Check out Chilipad and use my code GOLD for $255 off: https://sleep.me* Check out Factor and use my code gold50off for a great deal: https://www.factor75.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://www.plaud.ai* Check out Quince and use my code quince.com/GOLD for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy