Spin Of The Union

Spin Of The Union

Trump claims we have the hottest economy in the world and the greatest turnaround in history, but the numbers tell a completely different story—GDP growth actually slowed under his watch, the stock market is the worst performer globally, and he's ignoring the real crisis ahead: a sovereign debt catastrophe that will make 2008 look like a warm-up act.


  • This episode is sponsored by Samsara. - This episode is sponsored by Samsara. Head to https://samsara.com/gold to request a free demo and see how Samsara brings visibility and safety to your operations.
  • This episode is also sponsored by Function. Own your health for $365 a year. That’s a dollar a day. Learn more and join using my link. Visit https://www.functionhealth.com/peter and use gift code PETER25 for a $25 credit toward your membership.


Peter Schiff delivers a scathing critique of Trump's State of the Union address, systematically debunking what he calls numerous economic lies and misrepresentations. Schiff argues that Trump's claims about achieving the "hottest economy in the world" and a "historic economic turnaround" are completely false, pointing out that GDP growth actually slowed from 2.8% under Biden's final year to 2.4% in Trump's first year. He criticizes Trump's housing policy of keeping prices artificially high while suppressing mortgage rates, calling it the same failed approach that led to the 2008 financial crisis, and disputes claims about record-breaking tax cuts, inflation solutions, and stock market performance.


Beyond exposing what he sees as outright fabrications, Schiff condemns Trump's economic policies as fundamentally socialist, including the ban on Wall Street buying single-family homes, government intervention in power plant construction, and various spending programs disguised as tax cuts. He warns that these policies will accelerate inflation and fiscal crisis, predicting that the resulting economic collapse will be blamed on Republicans and capitalism, paving the way for Democratic victories and more socialist policies. Schiff urges listeners to protect themselves by investing in gold, silver, and foreign stocks, noting that gold mining stocks are hitting new highs ahead of the metals themselves, which he sees as a bullish leading indicator.


Chapters:

00:00 Show Intro Montage

00:55 State of the Union Setup

03:36 Housing Prices and Rates

10:24 Stock Market Bragging

15:54 Economy Claims and Inflation

31:10 Gas and Economic Bragging

32:48 Tariffs Supreme Court and Trade Reality

35:56 Taxes Entitlements and Price Claims

39:26 Healthcare Drugs and Anti Socialism Rants

53:05 Fiscal Cliff and Gold Strategy


Follow @peterschiff

X: https://twitter.com/peterschiff

Instagram: https://instagram.com/peterschiff

TikTok: https://tiktok.com/@peterschiffofficial

Facebook: https://facebook.com/peterschiff


Sign up for Peter's most valuable insights at https://schiffsovereign.com

Schiff Gold News: https://www.schiffgold.com/news

Free Reports & Market Updates: https://www.europac.com

Book Store: https://schiffradio.com/books


#Finance #Economics #Gold



Our Sponsors:
* Check out Quince: https://quince.com/GOLD
* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com


Privacy & Opt-Out: https://redcircle.com/privacy

Jaksot(1102)

Yellen’s Remarks Cause Markets To Anticipate The Impossible – Ep. 211

Yellen’s Remarks Cause Markets To Anticipate The Impossible – Ep. 211

* The stock market continues to ride the Trump wave to new highs, in fact the Russell 2000 hit an all-time record high today * The enthusiasm for stocks not being dampened by the carnage in the bond...

18 Marras 201622min

Fiscal Stimulus Impossible Without Monetary Stimulus To Finance It – Ep. 210

Fiscal Stimulus Impossible Without Monetary Stimulus To Finance It – Ep. 210

* What a difference a day makes * Between Tuesday evening, when the markets first began to realize that Donald Trump was going to win the election and the predictions of collapsing stocks and soarin...

12 Marras 201645min

Making America Great Again Will Be Much Harder Than Voters Think – SchiffReport

Making America Great Again Will Be Much Harder Than Voters Think – SchiffReport

* It is Wednesday, November 9, 2016, one day following one of the biggest political upsets in U.S. political history * As Donald Trump shocked everybody by defeating Hillary Clinton * Hillary Clin...

10 Marras 201628min

Will A Trump Win Rain On Stock Market’s Clinton Victory Parade? – Ep. 209

Will A Trump Win Rain On Stock Market’s Clinton Victory Parade? – Ep. 209

* It's not going to be a new record as far as the consecutive days of declines for the U.S stock market * The 9-day losing streak ended today in a huge pre-relief Clinton victory rally * The marke...

8 Marras 201630min

Stocks Slide As Jobs Report Keeps Rate Hike Possibility Alive – Ep. 208

Stocks Slide As Jobs Report Keeps Rate Hike Possibility Alive – Ep. 208

* Today U.S. stocks extended their losing streak to 9 consecutive days * We haven't had a losing streak this long since 1980 - that was 36 years ago * 8 consecutive down days last took place in th...

4 Marras 201627min

Is Nov. Trump Victory More Likely Than Dec  Rate Hike? – Ep. 207

Is Nov. Trump Victory More Likely Than Dec Rate Hike? – Ep. 207

* Today the possibility of a Fed rate hike in December rose about 10 points * We're now at about an 80% probability, at least the way the markets assess the odds * That the Fed will raise rates in...

3 Marras 201629min

Was Q3 GDP Rigged Just In Time For The Election? Ep. 206

Was Q3 GDP Rigged Just In Time For The Election? Ep. 206

* Yesterday we finally got the release of the initial estimate for Q4 GDP * The Atlanta Fed had originally come out with an estimate of about 3.8 and had steadily reduced their estimate * They got...

29 Loka 201636min

Markets Ignore Fed’s Bullard One And Done Admission – Ep. 205

Markets Ignore Fed’s Bullard One And Done Admission – Ep. 205

* The odds of a  December rate hike continue to ratchet up above 70% * We had a parade of Fed officials, most recently again today coming out and talking about why a December rate hike is a good ide...

25 Loka 201647min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
rss-rahamania
ostan-asuntoja-podcast
juristipodi
rss-seuraava-potilas
pomojen-suusta
taloudellinen-mielenrauha
rss-sami-miettinen-neuvottelija
leadcast
yrittaja
rss-lahtijat
rss-myyntikoulu
rss-sisalto-kuntoon
oppimisen-psykologia
rss-h-asselmoilanen
rss-bisnespaiva
rss-paasipodi