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 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)

America Has Never Been Less Great – Ep 620

America Has Never Been Less Great – Ep 620

Bank analysts want more artificial stimulus. Retail sales surge while production crashes. PPP monkey business driving spike in business applications. Borrowing from poorer countries is a sign of decay...

17 Loka 20201h 3min

Almost Everything the Federal Government Does is Unconstitutional – Ep 619

Almost Everything the Federal Government Does is Unconstitutional – Ep 619

US stock market breaks a 4 day winning streak. Enormous tax hikes being proposed dwarf tax cuts. Fed creating a launch pad for gold. Amy Coney Barrett agrees to maintain unconstitutional precedent. Th...

14 Loka 20201h 12min

Trump Out-Democrats the Democrats – Ep 618

Trump Out-Democrats the Democrats – Ep 618

Trump extends stimulus olive branch to Pelosi. Kudlow lies behind his mask. Republicans cave on spending. QE goes from tool of last resort to standard operating procedure. Stimulus begets stimulus. Do...

10 Loka 202049min

Debt Explodes as Stimulus Hopes Implode  – Ep 617

Debt Explodes as Stimulus Hopes Implode – Ep 617

Trump temporarily dashes stimulus hopes. National debt tops $27 Trillion. Trade deficit in manufactured goods hits all time record high. Jerome Powell either doesn’t understand the economy or is a lia...

7 Loka 202050min

Trump COVID Positive, Job Prognosis Negative – Ep 616

Trump COVID Positive, Job Prognosis Negative – Ep 616

Last jobs report before election overshadowed by COVID-positive Trump. Possibility of a President Pence becomes more probable. Deregulation and lower taxes would stimulate the economy. Consumption is ...

3 Loka 202051min

A Debate to Forget – Ep 615

A Debate to Forget – Ep 615

Stock market finishes the worst September since 2011. Silver down on the month, but outperforms stock market on the quarter. Stephen Roach speculates 35% collapse in the US dollar in 2021. Paying taxe...

1 Loka 202059min

The Stock Market Needs the Fed More Than Gold – Ep 614

The Stock Market Needs the Fed More Than Gold – Ep 614

Dollar rallies in the face of stock market fall. Bubble stocks more bubblicious. Monetary stimulus only stimulates inflation. Daymond John wants the government to print more money. It’s not an L-Shape...

24 Syys 202052min

Political Tension Puts Near-Term “Stimulus” in Doubt  – Ep 613

Political Tension Puts Near-Term “Stimulus” in Doubt – Ep 613

Everything gets slammed. Chart looking weak for the Dow and Russell, strong for silver. Bloom coming off the rose of economic recovery. Political tensions rise with death of Ruth Bader Ginsburg. US go...

22 Syys 20201h

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
rss-oivalluksia-rahasta-elamasta
mimmit-sijoittaa
rss-rahapodi
rss-rahamania
hyva-paha-johtaminen
rss-startup-ministerio
asuntoasiaa-paivakirjat
rss-karon-grilli
rss-paasipodi
rss-set-for-life-sijoita-ja-vaurastu
ostan-asuntoja-podcast
rss-sami-miettinen-neuvottelija
rahapuhetta
pomojen-suusta
juristipodi
rss-uskalla-yrittaa
rss-bisnesta-bebeja
rss-ammattiahdistus