The Peter Schiff Show Podcast

Peter Schiff discusses Black Friday's origin, American consumerism, the nation's heavy reliance on imports, and Trump's economic policies. This episode is sponsored by: https://oneskin.cohttps://lucy.co/gold Peter Schiff discusses the concept of Black Friday and its origins, contrasting it with current perceptions of economic strength. He delves into the United States' heavy reliance on imported goods, listing numerous products and categories predominantly produced abroad. Schiff criticizes American consumer habits, particularly the reliance on debt for holiday spending, and challenges the notion of economic strength based on consumption rather than production. He critiques Donald Trump's trade policies, immigration stance, and economic strategies, arguing that America's perceived strength is a myth dependent on unsustainable consumption and foreign production. Schiff also touches on the impracticality of Trump's proposals for cutting government spending and tariffs, emphasizing the need for long-term investments and sacrifices to rebuild America's productive capacity. 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff Chapters: 00:00 Introduction and Opening Remarks 01:45 The History and Significance of Black Friday 05:03 Economic Misconceptions and Consumer Behavior 08:57 The Reality of American Consumption 11:01 Trump's Views on the Dollar and BRICS 17:49 The Consequences of Losing Foreign Goods 30:57 America's Dependence on Imported Goods 31:19 The Coffee and Seafood Shock 33:09 Produce and Other Imports 33:59 The Illusion of a Strong Economy 36:42 The Reality of American Imports 38:30 Trump's Economic Promises and Reality 39:14 The Challenge of Reindustrializing America 43:36 Immigration and Labor Policies 49:23 Tariffs and Government Spending 51:59 The Future of the American Economy 01:01:10 Conclusion and Final Thoughts #AmericanEconomy #BlackFridayHistory #EconomicPolicy Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Peter Schiff discusses Thanksgiving's capitalist roots, the Pilgrims' failed socialism, tariffs' economic impact, and recent market trends. Cut your wireless bill to $15/month at http://mintmobile.com/gold. Visit http://indeed.com/peter to start hiring now. Peter Schiff's Thanksgiving special podcast from St. Barths offers a compelling narrative on the history and lessons of Thanksgiving, celebrating capitalism over socialism. Drawing parallels between the early Pilgrims' failed communal experiment and Karl Marx's theories, Schiff emphasizes the pivotal role of individual incentives and free markets. He transitions into discussing current economic data, trade deficits, and the impact of tariffs under the Trump administration, debunking common economic misconceptions. Schiff argues that tariffs harm the US economy more than they benefit it and critiques government monetary policies, predicting economic challenges ahead. He concludes with reflections on the resilience of human nature and the enduring principles of capitalism. 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff 00:00 Introduction 02:24 Thanksgiving and Capitalism 05:14 The Pilgrims' Experiment with Socialism 09:28 The Shift to Capitalism and Its Success 12:22 Modern Implications of Pilgrims' Lessons 18:38 Gold Market and Global Economy 26:19 Impact of Tariffs on the Dollar 30:16 Final Thoughts Before Break 32:11 Debunking Tariffs and the Strong Dollar Myth 33:49 The Impact of Tariffs on Trade Deficit 36:38 Manufacturing Sector and Economic Weakness 40:48 Tariffs and Inflation: A Misunderstood Relationship 44:17 Global Trade and Comparative Advantage 49:37 Economic Data and Market Reactions 57:35 Conclusion and Final Thoughts #capitalism #Tariffs #Thanksgiving Privacy & Opt-Out: https://redcircle.com/privacy

Go to https://Lucy.co/GOLD and use promo code gold get 20 percent off your first order. Go to https://LegalZoom.com and use promo code SCHIFF to get 10% off. LegalZoom is not a law firm and does not provide legal advice, except where authorized through its subsidiary law firm LZ Legal Services, LLC. https://www.youtube.com/watch?v=ne__pTRAenc&t=42s 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Bitcoin hits new highs; MicroStrategy's risky Bitcoin investments; Trump's impact; misallocation in crypto; China's strategic investments; UK labor rights. Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/gold Get $10 off your first month’s subscription + free shipping at https://nutrafol.com when you use promo code GOLD Peter Schiff critiques the hype surrounding Bitcoin and MicroStrategy's investment strategies, attributing Bitcoin's recent gains to speculative fervor tied to political promises by figures like Donald Trump and Robert Kennedy Jr. He argues that such speculative bubbles harm the economy by misallocating resources. Schiff contrasts these developments with China's strategic investments in infrastructure, which bolster their economic position. He also discusses the implications of labor laws in the UK and their potential to backfire by increasing automation and outsourcing. Schiff concludes by emphasizing the ongoing devaluation of the dollar and the risks posed by continued abandonment of the gold standard. 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff 00:00 Introduction and Opening Remarks 01:38 Bitcoin's Record Highs and Market Dynamics 02:37 Trump's Influence on Bitcoin 09:16 MicroStrategy's Bitcoin Strategy 17:45 Commercial Break 19:03 Bitcoin Bubble and Market Criticism 23:40 Gold Standard and Economic Perspectives 25:49 Bitcoin vs. Gold Debate 31:22 Commercial Break 31:46 Holiday Season and Hair Health 32:00 Nutrafol: The Ultimate Hair Growth Solution 33:27 The Cost of Healthy Eating 37:39 Impact of Immigration Policies 43:29 UK's Labor Bill of Rights 57:33 Conclusion and Upcoming Events #Bitcoin #MicroStrategy #gold Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Analyzing bond yields, Fed policies, national debt impacts, and contrasting Bitcoin's speculative rise against gold's decline post-Trump win. 📣 Sign up for a $1/month trial period at https://shopify.com/gold 📣 ExpressVPN: Get an extra 3 months free. https://expressvpn.com/gold In this episode, Peter Schiff explores the current market trends led by the bond market and their broader impacts. He discusses the recent high yields on U.S. Treasuries, Fed rate cuts, and inflation adjustments. Schiff critiques the enormous rise in national debt under both Trump and Biden administrations and cautions against further deficit spending. He delves into the implications of rising interest rates on the housing market, the dollar's strength, and gold prices. Schiff also comments on the speculative nature of Bitcoin, and the potential consequences of the U.S. government's proposed involvement in Bitcoin transactions. He shares his skepticism about the Department of Government Efficiency and the unrealistic expectations for spending cuts. Peter Schiff emphasizes the importance of sound economic policies and the dangers of continued fiscal irresponsibility. 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff 00:00 Introduction: The Trump Trade and Bond Market Dynamics 02:13 Impact of Fed Rate Cuts on Treasury Yields 03:34 National Debt and Presidential Records 07:08 Bitcoin vs. Gold: Market Reactions 07:44 Senator Loomis' Bitcoin Proposal 10:57 Sarcastic Social Security Plan with Bitcoin 17:19 Debunking the Strong Economy Narrative 19:22 Rising Interest Rates and Inflation Concerns 26:24 Department of Government Efficiency: A Joke? 30:39 Challenges in Cutting Government Programs 31:03 Reagan's Failed Attempts and Trump's Prospects 32:13 The Reality of Government Job Cuts 33:48 Trump's Spending Promises vs. Reality 36:50 Bitcoin and the Financial Bubble 44:51 The Constitutional Debate on Money Printing 50:35 The Federal Reserve's Role and Independence 53:00 Conclusion and Future Outlook #FederalReserve #TrumpTrade #BitcoinPrice Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Markets soar on Trump's return, skepticism persists. Budget deficits, trade issues, and economic challenges under scrutiny. For 20% off your Momentous order, head to https://livemomentous.com and use code GOLD. Peter Schiff dissects the economic landscape post Donald Trump's re-election, contrasting the current market euphoria with his skepticism. He discusses the stock market's all-time highs, driven by nominal gains, and expresses doubt about a sustainable 'Trump Boom' given historical failures to address trade and budget deficits. Schiff emphasizes the worsening economic conditions since 2016, highlighting higher interest rates, increased national debt, and a fragile economy. He questions Trump's proposed tax cuts and deregulation policies, arguing they are not a panacea and may exacerbate economic problems. With no clear plan from the Federal Reserve to tackle stagflation, Schiff advises listeners to be wary of the current market optimism and consider investing in foreign stocks and gold. 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff Timestamps: 00:00 Trump Mania and Market Reactions 02:07 Trump's Economic Promises and Failures 03:05 Challenges Facing Trump's Second Term 04:59 Tax Cuts and Economic Realities 09:26 Global Economic Trends and Comparisons 21:48 Investment Strategies and Market Predictions 30:07 Fed Rate Cut and Economic Implications 31:34 Monetary Policy and Debt Levels 32:32 Gold Price Movements and Press Conference Insights 33:38 Inflation Shock and Central Bank Policies 37:06 Fed's Stance on Fiscal Policy and Deficits 42:00 Election Results and Economic Perception 45:21 Stagflation Concerns and Fed's Response 49:40 Investment Strategies and Market Outlook 53:46 Conclusion and Call to Action #TrumpEconomics #MarketPredictions #InvestmentStrategy Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Trump wins 2024, repeating 2016 win. Markets react with highs, despite unchanged economy woes. Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/gold Peter Schiff offers an in-depth analysis of Donald Trump's historic second term win, comparing it to Grover Cleveland's non-consecutive terms. Schiff critiques Trump's economic promises, tax cuts, and deregulation efforts, arguing they complicate existing fiscal problems rather than providing solutions. He highlights the disparity between media portrayal of the economy and the public's experience, emphasizing long-term issues such as the escalating national debt and rising interest rates. Schiff also discusses market reactions, potential impacts on stocks, cryptocurrencies, and commodities like gold. He delves into media bias and corruption, his own legal battles, and concerns for future economic stability under Trump's presidency. 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff 00:00 Introduction and Opening Statements 01:22 Trump's Historical Win and Economic Analysis 06:38 Media Reactions and Public Sentiment 11:10 Market Reactions and Financial Implications 20:40 Comparing Economic Conditions: 2016 vs. 2024 25:47 Challenges Ahead for Trump's Second Term 32:42 Political Gridlock and Tax Cuts 33:45 Impact of Tax Cuts on Tips and Overtime 34:45 Consequences of Exempting Social Security from Taxes 36:21 Inflation and Economic Concerns 38:17 Historical Context: Liz Truss and Tax Cuts 39:59 The Bond Market's Role in Economic Stability 44:02 Trump's Economic Promises and Realities 46:04 Criticism of Trump's Policies 50:11 Personal Legal Battle and Government Corruption 01:01:41 Conclusion and Call to Action #TrumpWin #EconomicAnalysis #GovernmentCorruption Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Peter Schiff analyzes recent economic data, jobs report, GDP numbers, inflation concerns, and criticizes government policies. He discusses impacts on markets, gold, and cryptocurrency. Support our sponsors: https://www.oneskin.cohttps://kalshi.com/gold New song "Jerk" by Laughing Cats: https://open.spotify.com/album/6lCPwgHxmdSoPffsPofkXa 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff Timestamps: 01:41 Economic Data Overview 02:41 GDP and Consumer Spending Analysis 03:55 Inflation and Government Spending 06:23 Job Cuts and Personal Income 12:28 Manufacturing Sector Insights 15:09 October Jobs Report Preview 15:23 Sponsor Message: OneSkin 17:05 Personal Update and Music Promotion 19:56 October Jobs Report Analysis 26:24 Market Reactions and Predictions 29:46 Sponsor Message: Kalshi 34:51 MicroStrategy vs. Newmont Mining: A Market Analysis 42:23 Bitcoin and Market Sentiment 45:24 The Contrarian Investment Approach 46:31 The Importance of a Constitutional Republic 47:34 The Trump Economic Miracle: Fact or Fiction? 50:49 Voting Strategy for Libertarians 56:51 Conclusion and Final Thoughts #gold #mstr #bitcoin Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Kamala Harris' election odds, Trump's market impact, economic data, job reports, consumer confidence, and record-high gold. Cut your wireless bill to $15/month at https://mintmobile.com/gold. $45 upfront payment required. For new customers on the first 3 month plan only. Market Predictions, Election Insights, and Economic Realities Peter Schiff addresses the economic landscape, election dynamics, and market predictions. He critiques Kamala Harris's low betting odds, Trump's rise in the polls, and the weak job market, emphasizing that the economic data contradicts the portrayal of a strong economy by the media. Peter discusses the trade deficit, consumer confidence, and the implications of the Biden administration's policies. He also explores the effects of potential tariffs, tax cuts, and deficits on inflation and suggests that investor behavior towards gold mining stocks and Bitcoin signals broader economic trends. Peter expresses dissatisfaction with the Puerto Rican government's actions regarding his bank and hints at future revelations. This episode provides a detailed analysis of the interplay between politics and economics and serves as a call to think critically about the upcoming election and its impact on the economy. Sign up for Peter's most valuable insights at https://schiffsovereign.com Free Reports & Market Updates: https://www.europac.com Schiff Gold News: https://www.schiffgold.com/news Book Store: https://schiffradio.com/books Follow Peter Schiff on Twitter: https://twitter.com/peterschiff Follow Peter Schiff on Instagram: https://instagram.com/peterschiff Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial Follow Peter Schiff on Facebook: https://facebook.com/peterschiff Timesstamps: 01:03 Introduction and Market Update 01:42 Gold and Silver Price Surge 04:45 Impact of Fed Rate Cuts 07:24 Economic Indicators and Job Market Analysis 08:35 Inflation and Bond Market Dynamics 10:39 Gold Market Trends and Predictions 26:47 Trump's Influence on Markets 33:16 Understanding Direct and Indirect Taxes 33:53 Trump's Tariffs and the BRICS Summit 34:39 Impact of Tariffs on the Dollar 36:44 Global Shift Away from the Dollar 43:30 Paul Tudor Jones on Inflation and Debt 48:57 The Looming Debt Crisis 57:48 Conclusion and Final Thoughts Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Gold Market Insights, Dollar Debate, and Trump's Tax Proposals Get $10 off your first month’s subscription + free shipping at https://nutrafol.com when you use promo code GOLD Register for the New Orleans Investment Conference: https://neworleansconference.com/schiff/ Peter Schiff brings an in-depth analysis of recent market volatility, focusing on the enduring yet controversial performance of gold amidst economic uncertainty. He dissects Newmont Mining's significant stock drop despite strong earnings, critiques market reactions, and evaluates potential highs for gold stocks. Schiff scrutinizes Trump's tax proposals, illustrating their impracticality due to extensive government spending and misconceptions about tariffs. He offers perspectives on the US dollar's potential crash following a period of rally, emphasizing the global shift towards gold for stable international trade. Schiff also debates the benefits of a gold standard, insights into rising treasury yields, labor costs, and currency fluctuations. Additional topics include critiques of government policies such as the FTC's 'click-to-cancel' rule, and a call to prioritize free market principles for economic health. 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff 00:00 Introduction and Opening Remarks 01:35 Upcoming New Orleans Investment Conference 04:03 Gold and Silver Market Analysis 06:11 Newmont Mining Earnings Report 13:56 Investment Opportunities in Gold Stocks 20:28 US Treasury Yields and Janet Yellen's Remarks 26:04 Trump's Tax Proposals and Historical Context 29:04 The Evolution of Payroll Taxes 29:47 Trump's Misunderstanding of Tariffs 31:24 MicroStrategy and Bitcoin 33:38 Debating the Future of the Dollar 40:02 The BRIC Summit and Dollar Alternatives 45:56 Government Meddling in Subscriptions 52:00 Labor Market Regulations in the UK 56:49 Conclusion and Final Thoughts #GoldMarket #USeconomy #FederalReserve Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Gold rises, Fed policies, inflation, QE, Trump, Bitcoin, BRICS, debt. Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/gold Sign up for a $1/month trial period at https://shopify.com/gold Peter Schiff delves into recent economic developments and market trends, returning from the Orlando Money Show to share his insights. He discusses the significant rise in gold and silver prices, the unexpected increase in long-term bond yields following the Fed's rate cuts, and critiques of mainstream media narratives about the economy's strength. Schiff argues that underlying economic conditions are weaker than reported, leading to higher inflation and growing budget deficits. He touches on the sell-off in U.S. treasury bonds, the BRICS Summit's implications for the dollar, and the illusion of wealth created by inflation. Schiff analyzes Donald Trump's economic policies, including the potential for a 'Trump dump' on Bitcoin and the harms of new tax schemes and tariffs. He concludes by advocating for an honest default on debt to avoid hyperinflation, highlighting the need for realistic economic solutions to manage the impending crisis effectively. 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff 01:03 Introduction and Market Update 01:42 Gold and Silver Price Surge 04:45 Impact of Fed Rate Cuts 07:24 Economic Indicators and Job Market Analysis 08:35 Inflation and Bond Market Dynamics 10:39 Gold Market Trends and Predictions 26:47 Trump's Influence on Markets 33:16 Understanding Direct and Indirect Taxes 33:53 Trump's Tariffs and the BRICS Summit 34:39 Impact of Tariffs on the Dollar 36:44 Global Shift Away from the Dollar 43:30 Paul Tudor Jones on Inflation and Debt 48:57 The Looming Debt Crisis 57:48 Conclusion and Final Thoughts #GoldMarket #Inflation #EconomyPrediction Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Stock and Bitcoin trends, Fed's influence on metal prices, policy impacts on economy, and tariff effects on manufacturing. For 20% off your Momentous order, head to https://livemomentous.com and use code GOLD. Get $20 credit by being one of the first 500 traders. https://kalshi.com/gold Peter provides a comprehensive analysis of the current economic and political landscape. Beginning with the record highs in the Dow Jones and the booming interest in Bitcoin, Peter attributes market optimism to Donald Trump's rising poll numbers and potential tax cuts. He critiques the Federal Reserve's rate cuts and their long-term implications on interest rates and the U.S. dollar. Peter dives into the disconnect between rising long-term interest rates and stable gold prices, and highlights the growing interest in Bitcoin among traders. He also scrutinizes Kamala Harris's faltering poll numbers and her economic proposals, arguing against government intervention in business funding and advocating for free-market solutions. Delving deeper, Peter discusses the negative impact of tariffs and the decline of American manufacturing, urging for deregulation and tax cuts. Concluding with a discussion on the hidden costs of tariffs, taxes, and government spending. Sign up for Peter's most valuable insights at https://schiffsovereign.com Free Reports & Market Updates: https://www.europac.com Schiff Gold News: https://www.schiffgold.com/news Book Store: https://schiffradio.com/books Follow Peter Schiff on Twitter: https://twitter.com/peterschiff Follow Peter Schiff on Instagram: https://instagram.com/peterschiff Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial Follow Peter Schiff on Facebook: https://facebook.com/peterschiff Timestamps: Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Critiquing job reports. Questioning the Fed. Scrutinizing data. Inflation methods. Political motives. State preparedness. Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/gold Laughing Cats - GYB OFFICIAL MUSIC VIDEO: https://youtu.be/dSdTZ3judPs?feature=shared Schiff critically examines the recent jobs report, labeling it as misleading and detailing the implications of government employment statistics. He questions the significance of the Federal Reserve's decisions on interest cuts, given what he considers unreliable government data. Schiff delves into the complexities of inflation reports, expressing skepticism on the methodologies for calculating inflation and unemployment. He also addresses the political motivations behind such statistics. Emphasizing Milton Friedman’s perspective, Schiff highlights government spending as the true measure of taxation and inflation. Additionally, he critiques the inefficiencies of FEMA and advocates for state-level emergency preparedness. Schiff touches on his wife's new music project and encourages support for her band, 'Laughing Cats.' The episode wraps up with Schiff’s comments on upcoming content and a holiday observance note. Sign up for Peter's most valuable insights at https://schiffsovereign.com Free Reports & Market Updates: https://www.europac.com Schiff Gold News: https://www.schiffgold.com/news Book Store: https://schiffradio.com/books Follow Peter Schiff on Twitter: https://twitter.com/peterschiff Follow Peter Schiff on Instagram: https://instagram.com/peterschiff Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial Follow Peter Schiff on Facebook: https://facebook.com/peterschiff Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

The September Jobs Report: A Deeper Dive into Government Hiring and Market Implications Cut your wireless bill to $15/month at https://mintmobile.com/gold. $45 upfront payment required. For new customers on the first 3 month plan only. Get $20 credit by being one of the first 500 traders. https://kalshi.com/gold Peter unpacks the September jobs report, highlighting the surprising surge in government hiring amidst looming elections. He questions the authenticity and timing of these figures, suggesting political motivations behind the data boost for the Biden-Harris administration. Peter contrasts private versus government job creation, explaining the economic implications of these new roles funded by taxpayers. As he laments the service sector's dominance and the fading strength of manufacturing, he predicts post-election job revisions. Peter also advises against broad faith in market indicators and reiterates the urgency of investing in gold and silver stocks, casting a skeptical eye on Bitcoin's faltering performance compared to gold. Overall, he stands firm against superficial economic narratives, advocating for practical investment strategies informed by a realistic outlook. 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff Timestamps: 00:42 Jobs Report and Political Implications 04:18 Analyzing the Jobs Data 09:57 Government vs. Private Sector Jobs 14:53 Economic Consequences of Government Hiring 25:08 Labor Market Developments and Automation 32:51 Employer Liability and Automation 34:22 Market Reactions and Fed Rate Cuts 36:20 Oil Prices and Inflation Concerns 37:51 Manufacturing Recession and Service Sector Strength 45:49 Gold and Silver Market Dynamics 52:59 Emerging Markets and Investment Opportunities 54:23 Bitcoin's Bear Market Analysis 57:28 Conclusion and Final Thoughts #jobsreport #governmentjobs #inflation Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Gold reaches record highs, silver follows. Market reactions, inflation concerns, Fed's policies, and economic predictions Get an extra 3 months free. https://expressvpn.com/gold Get $20 credit by being one of the first 500 traders. https://kalshi.com/gold Peter discusses the new all-time records set by gold and silver, highlights the puzzling behavior of gold mining stocks, and criticizes the mainstream financial media's understanding of inflation and Federal Reserve policies. He elaborates on the significant data from the Fed's favorite inflation measure, the core PCE, revealing how it misrepresents the true state of inflation. Peter also explains why the Fed's strategy is misguided and suggests that persistent inflation will lead to an eventual return to QE. He ties in how geopolitical moves, like China's recent stimulus announcement, and domestic factors, including Saudi Arabia's oil production strategy, influence market dynamics. Furthermore, Peter argues for the importance of investing in gold and silver as he predicts a substantial increase in their value due to ongoing economic missteps by the Fed. Sign up for Peter's most valuable insights at https://schiffsovereign.com Free Reports & Market Updates: https://www.europac.com Schiff Gold News: https://www.schiffgold.com/news Book Store: https://schiffradio.com/books Follow Peter Schiff on Twitter: https://twitter.com/peterschiff Follow Peter Schiff on Instagram: https://instagram.com/peterschiff Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial Follow Peter Schiff on Facebook: https://facebook.com/peterschiff Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

FOMC Rate Cut Analysis: Fed's Decision, Market Reactions, and Economic Realities Peter Schiff analyzes the highly anticipated Federal Reserve rate cut following the two-day FOMC meeting, emphasizing its effects on the markets and broader economy. He critiques Jerome Powell's justification for the 50 basis points cut, the Fed's stance on inflation, and the true state of employment in the U.S. Schiff also discusses the contradictions in Trump's and Harris's economic promises, their implications for future fiscal policies, and the potential consequences for the U.S. dollar, interest rates, and the overall economy. He highlights the ongoing issues with the national debt and the risks of price controls. Additionally, Schiff advises on investment strategies, including gold, silver, and international equities, amid the anticipated economic downturn. Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/gold 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff 01:39 Market Reactions and Predictions 02:36 Inflation and Price Controls Discussion 05:11 Trump's Economic Policies and Price Controls 08:53 Interest Rates and Economic Indicators 16:37 Fed's Rate Cut and Market Impact 28:19 Questioning the Strength of the Economy 29:01 The Fed's Balance Sheet Dilemma 30:01 Historical Perspective on Interest Rates 33:33 The Recession and Rising Interest Rates 38:27 Trump's Economic Promises and Criticisms 47:13 Preparing for the Economic Collapse 51:09 Investment Strategies for the Future 53:09 Conclusion and Final Thoughts #FOMCMeeting #InterestRates #EconomicOutlook Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Market Analysis, Gold Surge, and Personal Announcement Peter Schiff discusses the stock markets' performance on Friday the 13th, noting that while major indexes ended on a positive note, the only asset to hit a new all-time high was gold. He interrupts the usual podcast to announce his wife Lauren's new music duo, 'The Laughing Cats,' and their debut album, 'Funny Money,' highlighting the first single 'G.Y.B.' now available on Spotify. Peter then resumes, detailing gold's significant rise to new record highs and contrasting it with the stock market's performance in terms of gold pricing. He also critiques the U.S. budget deficit, discusses potential economic impacts of the Federal Reserve's anticipated rate cut, and assesses the presidential debates, focusing on issues of tariffs and tax cuts. Peter emphasizes the investment potential of gold and gold stocks amidst the current economic landscape. Sign up for a $1/month trial period at https://shopify.com/gold 🎶 New single from Laughing Cats out today: https://open.spotify.com/artist/2f3z6IPGfomCl9FsJeyb8d?si=9morm92NRdikGW3hbt0iPA 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff 00:25 Stock Market and Gold Performance 00:46 Announcement: The Laughing Cats' New Album 04:48 Gold's Record Highs and Market Analysis 17:25 Bitcoin and Oil Market Insights 22:46 Inflation and Federal Reserve Rate Cuts 26:22 CPI and PPI Data Analysis 32:56 Wall Street's Call for Rate Cuts 33:27 Record-Breaking Budget Deficit 36:07 Economic Weakness and Job Statistics 37:26 Presidential Debate Analysis 43:32 Tax Cut Promises and Economic Realities 48:23 Tariffs and Their Impact 54:43 The Illusion of Tax Cuts 01:00:20 Conclusion and Investment Advice #goldprice #investmenttips #stockmarketanalysis Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Market Turmoil & Economic Uncertainty: A Deep Dive into Non-Farm Payroll Report and Fed Policies In this episode, we explore today's weaker-than-expected non-farm payroll report and its impact on the markets. Despite a brief improvement in stock indices following rate cut expectations, concerns loom as markets question whether a 25 or 50 basis point rate cut is forthcoming. The podcast dissects the current state of the labor market, the potential Fed actions, and the implications for tech stocks, gold stocks, cryptocurrencies, and overall market dynamics. We also delve into the historical context, drawing parallels to the financial crisis of 2008 and discussing the looming recession and inflation threats. Download the CFO’s Guide to AI and Machine Learning at NetSuite.com/GOLD 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff #stockmarket #inflation #cryptocurrency Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Cut your wireless bill to $15/month at https://mintmobile.com/gold. $45 upfront payment required. For new customers on the first 3 month plan only. 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy

Market Turmoil, Political Drama, and Economic Forecasts Peter delves into a tumultuous week in the markets and politics. He covers key events including Jerome Powell's Jackson Hole speech and its implications for interest rate cuts, the Democratic National Convention, and Robert Kennedy Jr.'s decision to drop out and endorse Donald Trump. Peter argues that the Federal Reserve is pivoting from fighting inflation to addressing rising unemployment, critiques the state of unemployment statistics and job market data, and discusses the potential for a gold price boom amidst a weakening dollar. Additionally, Peter offers in-depth commentary on the flaws in government spending and social security, the misrepresentations in political narratives, and explores future economic outlooks. He closes with a call to invest in gold and gold stocks. NetSuite is offering a one-of-a-kind flexible financing program. http://netsuite.com/gold 🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com 🔔 Free Reports & Market Updates: https://www.europac.com 🟡 Schiff Gold News: https://www.schiffgold.com/news 📘 Book Store: https://schiffradio.com/books 👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff 👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff 👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial 👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff Our Sponsors: * Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com Privacy & Opt-Out: https://redcircle.com/privacy