SchiffRadio Podcast Episode 24

Released Saturday, 22nd November 2014
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Big News out of the Central Banks

U.S. FOMC

Primary concern - inflation is too low
no policy to "correct" the problem
Preparing markets for additional stimulus

Japanese Central Bank Doublespeak

Japanese sales tax hike postponed
Continued calls for more inflation
Why is sales tax is different than inflation?

Euro Decline

Mandating "stability" by increasing inflation?

Chinese Central Bank

Cut interest rate to 5.6%

Money flows to the dollar as a hedge because the market believes the Fed
Gold has not dropped much against the dollar and has risen against other currencies

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Episode Details

Length
31m 41s
Explicit
No

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