Deficits Don’t Matter – Until They Do – Ep. 328

Deficits Don’t Matter – Until They Do – Ep. 328

Orlando Money Show: 20 Trillion and Beyond
I wasn't intending to do a podcast today; I'm in Orlando at the Money Show, I'm on a stock market panel. It's going to be fun: Louis Navellier, Mark Skousen, David Callaway and Chris Gaffney. My big talk tomorrow should be very interesting. The title is 20 Trillion and Beyond: What the Coming Debt Explosion Will Mean to Your Portfolio.
Dow Jones Closed Down 1,032 Points Today
Now, of course, it's already exploding, but I gave them that headline about a month ago because I already knew that the debt problem was percolating and that was going to be what was going to blow up everybody's portfolio. But when the Dow is down 1000 points twice in the same week, I have to come on and do a podcast. If you haven't heard the news, the Dow Jones closed down 1,032 points today. The low of the day. We closed below the intra-day low of Tuesday morning, when the Dow ended up 500.
Successful Test?
Now we're not back down to the lows we hit Monday night, in Asian trading. We'll probably be there by tonight. This market is looking ugly. That was a horrible close, we have to go lower. It's crazy: I was watching CNBC in my hotel room and some guy was on saying, "This might be a successful test if we can just close above Monday's lows!" Successful test? A successful test is when you get a huge bounce off the lows. Even if we had closed above it, that wouldn't have been a successful test - we could have crashed below it the following morning. But we couldn't even hold it. We closed on the lows.
Horrible 30-Year Bond Auction Today
And, you know what? Bond yields rose anyway. 1,000 points down in the Dow wasn't even enough to send bond prices higher and yields lower. The yields on the 10-year and the 30-year rising to new highs for the move. 30-year closed at 3.137. As I said, horrible, horrible 30-year bond auction today. Again, why anybody showed up is beyond me, but obviously not as many people showed up as they expected. Yields on the 10-year, another new high, 2.851 is where we closed. We got up to 2.884, and the reason we probably didn't close there is because of the 1,000 point drop in the Dow.
Government Spending is Behind the Carnage
But that big drop didn't make interest rates go down, it just kept them from goin up even more. But nothing is going to stop rates from rising. Especially if we get this Budget Deal tonight. Apparently, if they don't get the budget deal tonight, the Government is going to shut down. And if anybody thinks that the Dow is dropping because people are afraid the government is going to shut down, they don't know what they are talking about. The reason the market is dropping is because the government's not going to shut down. Government spending and borrowing is behind the carnage in the bond market, which is killing the stock market.

Our Sponsors: * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

Jaksot(1085)

Fed Fakes Inflation Fight as Pretext for Future Cuts - Ep 965

Fed Fakes Inflation Fight as Pretext for Future Cuts - Ep 965

Get an additional 15% off an annual membership at https://masterclass.com/goldVisit https:/indeed.com/peter to start hiring now.🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com📈 Invest like Peter: https://schiffradio.com/invest📘 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/peterschiffOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

15 Kesä 202452min

Did China Just Sucker Investors Out of Their Gold? - Ep 964

Did China Just Sucker Investors Out of Their Gold? - Ep 964

NetSuite is offering a one-of-a-kind flexible financing program. https://netsuite.com/gold🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com📈 Invest like Peter: https://schiffradio.com/invest📘 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/peterschiffOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

10 Kesä 202456min

Biden Is the Real Felon, Not Trump - Ep 963

Biden Is the Real Felon, Not Trump - Ep 963

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.Thanks Constant Contact. Start GROWING your business today with a free trial at https://constantcontact.com🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com📈 Invest like Peter: https://schiffradio.com/invest🔔 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/peterschiffOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

3 Kesä 20241h

Is the Money in Your Pocket Counterfeit? - Ep 962

Is the Money in Your Pocket Counterfeit? - Ep 962

During an unexpected podcast episode from The Bahamas, Peter Schiff discusses the significant breakout in silver prices, reaching the highest since 2013, and the new record highs in gold. He elaborates on central banks' preference for gold over silver and the retail selling trend, emphasizing an opportunity to buy both metals after a correction. Schiff points out the ineffectiveness of the Fed's statements and actions on the true value of gold and silver, suggesting that prices will rise regardless of rate cuts. He uses historical experiences and the transition from real silver coins to nickel-clad copper as an example of government devaluation of currency. Schiff highlights the potential in buying physical silver, especially 'junk silver', for its barter value and the current low premiums as an investment opportunity. He also touches on the importance of investing in gold and silver mining stocks, recommending professional guidance for navigating the sector.NetSuite is offering a one-of-a-kind flexible financing program. https://netsuite.com/goldGet an additional 15% off an annual membership at https://masterclass.com/gold🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com📈 Invest like Peter: https://schiffradio.com/invest🔔 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/peterschiffOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

23 Touko 202456min

Tariffs and Inflation Are Taxes - Ep 961

Tariffs and Inflation Are Taxes - Ep 961

In this episode of The Peter Schiff Show, Peter discusses the recent milestone where the Dow Jones industrial average traded above 40,000 for the first time, yet closed down on the same day. He elaborates on nominal vs. real terms of value, emphasizing the importance of measuring stock markets in terms of gold to gain an accurate perspective on value over time. Schiff critiques the government's role in inflating the economy, creating an illusion of prosperity while diminishing the dollar's value, and further explores how tariffs and fiscal policies contribute to the U.S. economic challenges, including growing debt and inflation. The episode also features wider discussions on the impact of inflation data, global economic indicators, and the Federal Reserve's stance on interest rates and its inability to control inflation effectively. Visit https://indeed.com/peter to start hiring now.Sign up for a $1/month trial period at https://shopify.com/gold🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com📈 Invest like Peter: https://schiffradio.com/invest🔔 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/peterschiffOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

17 Touko 202456min

Abolish the US Council of Economic Advisers - Ep 960

Abolish the US Council of Economic Advisers - Ep 960

NetSuite is offering a one-of-a-kind flexible financing program. https://netsuite.com/goldJoin Peter on the Annual Investor Summit at Sea! Get the details and reserve your spot at https://InvestorSummitAtSea.comJoin my Locals community to get The Pete Schiff Show ad-free! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member.Invest like me: https://schiffradio.com/investSIGN UP FOR MY FREE NEWSLETTER: https://www.europac.comSchiff Gold News: http://www.schiffgold.com/newsBook Store: https://schiffradio.com/booksFollow Peter Schiff on Twitter: http://www.twitter.com/peterschiffFollow Peter Schiff on Instagram: https://instagram.com/peterschiffFollow Peter Schiff on TikTok: https://www.tiktok.com/@peterschiffofficialFollow Peter Schiff on Facebook: http://www.facebook.com/peterschiffOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

13 Touko 20241h 4min

Dovish Fed Rescues Markets - Ep 959

Dovish Fed Rescues Markets - Ep 959

Get an additional 15% off an annual membership at https://masterclass.com/goldCut 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.Join my Locals community to get The Pete Schiff Show ad-free! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member.Invest like me: https://schiffradio.com/investSIGN UP FOR MY FREE NEWSLETTER: https://www.europac.comSchiff Gold News: http://www.schiffgold.com/newsBook Store: https://schiffradio.com/booksFollow Peter Schiff on Twitter: http://www.twitter.com/peterschiffFollow Peter Schiff on Instagram: https://instagram.com/peterschiffFollow Peter Schiff on TikTok: https://www.tiktok.com/@peterschiffofficialFollow Peter Schiff on Facebook: http://www.facebook.com/peterschiff Our Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

6 Touko 20241h

The Secret Word Is Stagflation - Ep 958

The Secret Word Is Stagflation - Ep 958

Visit https://indeed.com/peter to start hiring now.Join my Locals community to get The Pete Schiff Show ad-free! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member.Invest like me: https://schiffradio.com/investSIGN UP FOR MY FREE NEWSLETTER: https://www.europac.comSchiff Gold News: http://www.schiffgold.com/newsBook Store: https://schiffradio.com/booksFollow Peter Schiff on Twitter: http://www.twitter.com/peterschiffFollow Peter Schiff on Instagram: https://instagram.com/peterschiffFollow Peter Schiff on TikTok: https://www.tiktok.com/@peterschiffofficialFollow Peter Schiff on Facebook: http://www.facebook.com/peterschiffOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

27 Huhti 20241h 12min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
ostan-asuntoja-podcast
leadcast
oppimisen-psykologia
rss-lahtijat
hyva-paha-johtaminen
rss-rahamania
inderespodi
rss-neuvottelija-sami-miettinen
kasvun-kipuja
rss-bisnesta-bebeja
rss-seuraava-potilas
yrittaja
lakicast
raharesepti
rss-merja-mahkan-rahat
rss-paasipodi