The Peter Schiff Show Podcast - Episode 441 See Peter in person at The Orlando MoneyShow Orlandohttps://conferences.moneyshow.com/moneyshow-orlando/ Stronger than Expected Jobs Number - We actually got a bunch of economic data released today; apparently the shutdown no longer is affecting some of these newer releases, although we still have a bunch of old data that has yet to be released. I have a feeling that there is a lot of weak economic data that has yet to come out. Today we got some stronger than expected data including the January jobs number. They were looking for 158,000 jobs to be created, which would follow the 312,000 number that we got for December, which was a surprisingly strong number.  So the consensus was that we would have a weaker number in January; but we ended up with 304,000 jobs allegedly being created in January. December Jobs Number Revised Down 90,000 Jobs - But they now tell us that we didn't create 312,000 jobs in December - we only created 222,000 jobs, which is still a pretty big number, but it's 90,000 less.  That's a huge revision, to think that they were off by 90,000 jobs.  Maybe they're off by 90,000 jobs in January. I guess we'll have to wait another month to find out.  But that number was much bigger than what was expected; and of course, even if you take into consideration the revisions, it was still a better net number than what the markets were looking for. U6 Went from 7.6% to 8.1% - The official unemployment rate rose to 4%.  Part of that was because the Labor Force Participation Rate continued to notch up. It went from 63.1 to 63.2, and since more people are now looking for work, those people are now officially unemployed. But a bigger story than the official rate is the U6 rate, which is far more accurate if you want to get a real look at the U.S. labor market.  Of course, it's not 100% accurate because it only includes discouraged workers who have discouraged for under a year.  So it doesn't capture any of the long-term unemployed, which are a big part of the American labor market. But the U6 rate includes the short-term discouraged workers, but also the people who are working part time, but who really want to work full time. We had a surge, like half a million part-time jobs were added according to household survey during the month, so a lot of people working part time - they probably want to work full time, but they are settling for part time work.  That meant that the U6 number went from 7.6 to 8.1. SIGN UP FOR MY FREE NEWSLETTER https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Open your Goldmoney account today: https://www.Goldmoney.com/ 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/PeterSchiff

Book your OWN session with me at: http://btcsessions.ca/ Grab some BTC Sessions merch: https://teespring.com/stores/btcsessions It would seem that Canadian bitcoin exchange QuadrigaCX is more or less completely insolvent now, and owes their customers a mix of fiat and crypto to the tune of $250 million CAD. https://www.coindesk.com/quadriga-creditor-protection-filing Secure your Bitcoin with a Trezor! https://www.youtube.com/watch?v=i3BIo5Ac_n4 Coinsquare has laid of 40 of it’s 150 person workforce – which amounts to 27% percent of its staff. While this news appears negative at face value, this seems to be more of a financially responsible restructuring, given that the company still has $40 million worth of assets on hand, primarily in cash. https://cointelegraph.com/news/report-canadian-crypto-exchange-coinsquare-lays-off-40-employees The Bitcoin Graveyard allows you to lay digital flowers at the tombstones of various bitcoin obituaries. Flowers are 1000 sats (about 4 cents at the time of this video) and can be paid exclusively using the lightning network. RIP Bitcoin! Lol https://niffler.co/bitcoin-graveyard/ Myself and my employer Bull Bitcoin released a video today where CEO Francis Pouliot outlines one of our core values – skin in the game. I encourage you to check it out and also subscribe to stay tuned for more upcoming content! https://www.youtube.com/watch?v=RO_dl8TmvTU If you value my work and would like to send me a tip, they are always appreciated! BITCOIN 3NZjB2Fkz6FzHtqDsxJEdWVeeFQfSttK9X LIGHTNING lnbc1pwr8whppp5dj72rpekxzuw5u4898exvjypgzfzf28h67ny0dxjr9jh6g9j6qcsdqu2askcmr9wssx7e3q2dshgmmndp5scqzysxqrrss25ssxus52hvr9fnwsjtvgk376euns37pgnqhu2ss0gegtesmhl2jn2xer0hm4ngqry8s04qtdfpqtsyf3vjr0rs4ahgs7lpxj6u2xycqt7z9zw PAYNYM +polishedband886