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(1104)

CNBC dismisses Citi’s $2k gold call and pumps Bitcoin instead – Ep 534

CNBC dismisses Citi’s $2k gold call and pumps Bitcoin instead – Ep 534

Liz Claman has a new podcast called “Everyone Talks to Liz Claman.” It’s a great show and I was on it earlier this week where I talked about growing up, some personal stories, and things you haven’t h...

21 Helmi 202053min

QE won’t cure the Coronavirus or the economy  – Ep 533

QE won’t cure the Coronavirus or the economy – Ep 533

Coronavirus may be worse than anyone thought, but why aren’t the markets worried? Gold mining stocks looking positive again. Underlying weakness in the dollar being revealed in gold. Obama and Trum...

19 Helmi 202047min

The political center keeps moving left  – Ep 532

The political center keeps moving left – Ep 532

Nobody seems to be talking about the downward revisions in the jobs reports, particularly for 2018. Trump’s celebrated jobs numbers have been revised down 370k jobs for that year. Obama’s weak jobs r...

13 Helmi 20201h 1min

The Trump Show  – Ep. 531

The Trump Show – Ep. 531

The impeachment trial of Donald Trump ends no real surprise, he was acquitted. The whole thing came down along party lines and was all calculated political theater and posturing for the 2020 election....

6 Helmi 202059min

Coronavirus excuse masks nascent bear market  – Ep. 530

Coronavirus excuse masks nascent bear market – Ep. 530

“So goes January, so goes the year.” If the old adage is true, this could mean the longest bull market in history is coming to an end. And from a political perspective, it couldn’t come at a worse tim...

1 Helmi 202046min

Sanders surge more dangerous than coronavirus  – Ep. 529

Sanders surge more dangerous than coronavirus – Ep. 529

Weak days for the stock market Friday and Monday will likely be blamed on the coronavirus. The real virus to be concerned about is Bernie Sanders as he infects more voters with his rapidly spreading ...

28 Tammi 202047min

Capitalism empowers people. Socialism empowers government  – Ep. 528

Capitalism empowers people. Socialism empowers government – Ep. 528

While I was at VRIC, Trump was in Davos touting to other world leaders the “unmatched” period of prosperity America is experiencing, thanks to him. Trump claims that nobody benefits more from his pre...

23 Tammi 202059min

The Art of the Fake Trade Deal  – Ep. 527

The Art of the Fake Trade Deal – Ep. 527

Dow Jones closed above 29,000 today for the first time ever. Part of the impotence of this rally has been anticipation of the trade deal with China, but the majority of the rally is due to the policie...

16 Tammi 20201h 1min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
herrasmieshakkerit
rss-rahamania
ostan-asuntoja-podcast
taloudellinen-mielenrauha
rss-sami-miettinen-neuvottelija
rahapuhetta
lakicast
rss-startup-ministerio
rss-draivi
sijoitusovi-podcast
rss-h-asselmoilanen
rss-uppoava-vn-laiva
rss-rikasta-elamaa
rss-sisalto-kuntoon
rss-seuraava-potilas
rss-myynnilla-on-asiaa-kert-kenner