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

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 DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com
* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com
* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai
* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com
* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com

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

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(1122)

This Time It’s Different Ep. 134

* The Mario Draghi "No-Limits"-inspired rally from Thursday and Friday of last week ended on Monday with the Dow Jones down just over 200 points; the NASDAQ was down about 75 points, so an even bigger...

27 Tammi 201629min

The ECB Rescues The Markets – Ep. 133

* The U.S. stock market ended the week with a 2-day rally, in fact the Dow Jones closed better than 200 points today, to about 1690 * NASDAQ, even stronger, up 119, closing at almost back up to 4600...

23 Tammi 201623min

It Looks Like a Recession Because It Is One – Ep. 132

* The bear market in global stocks continues, and I believe we're in a bear market in the U.S. * Technically the major averages are not quite down 20%, although some of the averages are * Transports...

21 Tammi 201629min

Fed’s Denial Risks More Than Its Credibility Ep.131

* The Dow Jones ended another down week on a down note, dropping 390 points * The NASDAQ was down 126 points * This is the worst January in the history of the stock market the Dow is off about 13...

16 Tammi 201634min

Obama Delivers the Most Clueless SOTU Address Ever – Ep.130

* Last night I watched President Obama deliver the State of the Union Speech and probably the only good thing about the speech is that it was his last one * It will probably go down in history as the...

13 Tammi 201629min

Deja Vu All Over Again – SchiffReport January 8, 2016

* Hi everybody, this is Peter Schiff and I am recording this on Friday, January 8, and Wall Street just finished the worst opening week to a new year in the history of the stock market * The Dow Jone...

9 Tammi 201628min

Fallout From the Fed Not North Korea Shocked the Markets – Ep. 129

* Well the Dow Jones got clobbered again today, down 252 points at the close * The NASDAQ down about 55 * The transports continue to get clobbered down another 146 points, decisively in bear market ...

7 Tammi 201632min

Stocks Start Year With Biggest Drop in 84 Years – Ep. 128

* The U.S. stock market opened the first trading day of 2016 with a bang, but not the type of bang the bulls were hoping for * The Dow was down 276 points-it was down as much as 450 points in the las...

5 Tammi 201623min