Peter Schiff
Bailouts Spread Nationwide
Posted on 2020-03-16 20:09:00 [ Show older headlines ]

Dow up almost 2,000 points today; a record point gain, 10th biggest percentage gain, with most larger gains occurring during the bear market of the 1930s. 

We had a lot of stock market firsts this week and it was one of choppiest weeks on record. 

Trump announces beginning of national bailout including open-ended moratorium on student interest loans, allowing debtors put their loans into deferment indefinitely and never pay them again. 

Trump leaves door open to bailout any industry in the country. 

Lawsuits driving many shutdowns across the country. Gold’s recent late day buys a sign of illiquid investors trying to get in at lows.

- Source, Peter Schiff