Tariffs and Inflation Are Taxes - Ep 961

Peter Schiff critiques Trump's market manipulations, discusses gold and Bitcoin's movements, and highlights economic weaknesses, suggesting gold mining stocks as a superior investment strategy.This episode is sponsored by Kalshi. Get $10 when you sign up and makes a $100 trade by 4/28/25 at https://kalshi.com/goldNew song by Laughing Cats: https://open.spotify.com/album/5u5RJ6to4r0onnugvZt3mZ?si=jQO0r0jDQx2yPc2D73Of3APeter Schiff discusses the market's recent rally as a bear market rally and critiques former President Donald Trump's offhand comments about Jerome Powell's rate policies. Schiff argues that Trump's administration manipulated markets with strategic statements, but didn't address the fundamental economic issues, like the hollowing out of America's manufacturing base. Schiff also discusses gold's surge to a near all-time high, contrasting it with Bitcoin's performance. He criticizes the U.S. focus on becoming a crypto superpower at the expense of industrialization. Schiff concludes with commentary on rejected mortgage refinancing applications and existing home sales reflecting economic weakness, promoting gold and gold mining stocks as the best investment strategy.🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com🔔 Free Reports & Market Updates: https://www.europac.com📘 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/peterschiffChapters:00:00 Introduction and Opening Remarks00:56 Market Turnaround Analysis01:53 Trump's Influence on the Market02:54 Gold and Dollar Movements06:00 Fed's Political Influence20:13 Gold Mining Stocks Performance27:37 Bitcoin and Crypto Market29:40 Trump's Approval Ratings and Economic Promises31:41 Economic Trends Under Trump31:59 Media's Role in Economic Perception32:26 Impact of Tariffs on the Economy33:39 Public Reaction to Economic Policies34:42 Trade Deficits and Blame Game36:41 Misconceptions About Tariffs38:48 Global Trade and Economic Realities42:58 Trump's Economic Strategies and Their Flaws45:07 Recession and Economic Indicators54:48 Conclusion and Personal NotesOur Sponsors:* Check out DeleteMe: https://deleteme.com/GOLD* Check out Fast Growing Trees: https://fastgrowingtrees.com/gold* Check out NPR: https://npr.org* Check out Vanta and use my code SCHIFF for a great deal: https://www.vanta.comPrivacy & Opt-Out: https://redcircle.com/privacy

28 Huhti 58min

Peter Schiff discusses record gold highs, critiques media's focus on Bitcoin, and warns of impending economic crisis exacerbated by tariffs and undervaluation of gold stocks.This episode is sponsored by Shopify. Sign up for a $1/month trial period at https://shopify.com/goldIn this episode of The Peter Schiff Show, Peter discusses the significant rise in gold prices, reaching new record highs and experiencing unprecedented one-day increases. He criticizes mainstream financial media, particularly CNBC, for ignoring the surge in gold prices and instead focusing on Bitcoin. Peter correlates the current economic scenario with the 2008 housing bubble, where ignorance of underlying issues led to a financial crisis. He argues that Trump’s policies, such as tariffs, have contributed to economic instability. Peter also highlights the undervaluation of gold mining stocks compared to the rising prices of gold. He emphasizes the broader implications of a weakening US dollar, including higher consumer prices and ineffective future Fed policies. Schiff cautions about a forthcoming financial crisis exacerbated by current economic missteps and the media's dismissal of gold's significance.🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com🔔 Free Reports & Market Updates: https://www.europac.com📘 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/peterschiffChapters:00:00 Gold's Record-Breaking Week02:20 Gold's Historical Context and Market Reactions05:28 Media's Ignorance and Bitcoin Comparison13:01 The Dollar's Decline and Economic Implications20:11 Investment Strategies and Gold Mining Stocks31:27 Foreign Investments and Market Dynamics35:23 Understanding De-dollarization35:53 Foreign Debt Dynamics36:50 Impact of De-dollarization on the Dollar37:18 Misconceptions About Trade and the US Economy38:24 China's Economic Position39:06 The Reality of American Consumers39:52 China's Trade Strategy43:38 Global Trade Without the US44:49 Critique of US Trade Policies46:07 The Imbalance in Economies47:40 Regulation and Competitiveness49:39 Political Narratives and Trade Deficits54:11 Bitcoin and Economic Predictions57:50 The Role of Central Banks01:01:48 Conclusion and Final Thoughts#gold #bitcoin #inflationOur Sponsors:* Check out DeleteMe: https://deleteme.com/GOLD* Check out Fast Growing Trees: https://fastgrowingtrees.com/gold* Check out NPR: https://npr.org* Check out Vanta and use my code SCHIFF for a great deal: https://www.vanta.comPrivacy & Opt-Out: https://redcircle.com/privacy

18 Huhti 1h 2min

Peter Schiff dives into the wild financial markets, tariff drama, trade deficits, and golden opportunities.Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/goldPeter Schiff discusses the recent turmoil in the financial markets, attributing it to the imposition of tariffs by the Trump administration. Schiff criticizes the tariffs, asserting that they hurt the U.S. economy, caused the dollar and bond markets to crash, and ultimately led to significant market volatility. He contends that Trump's tariffs were a misguided attempt to reduce trade deficits and that they contradicted basic economic principles. Schiff outlines how foreign investors fleeing U.S. assets and central banks favoring gold over dollars indicate a shift away from U.S. economic dominance. He emphasizes the importance of investing in gold mining stocks, anticipating substantial growth as the economic crisis unfolds.🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com🔔 Free Reports & Market Updates: https://www.europac.com📘 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/peterschiffChapters:00:00 Introduction and Opening Remarks02:38 Market Recap: A Wild Week05:43 Tariffs and Trade Wars08:51 Trump's Negotiation Tactics14:58 Impact on the US Economy18:42 Global Reactions and Consequences26:53 Currency and Market Movements35:41 Economic Consequences of Tariffs36:38 Impact on American Companies38:11 Global Financial Crisis Predictions42:40 Gold and Bitcoin Market Analysis45:30 Investment Strategies in Gold Stocks51:34 The Future of the US Dollar and Global Economy01:03:04 Final Thoughts and Investment Advice#finance #investing #goldOur Sponsors:* Check out DeleteMe: https://deleteme.com/GOLD* Check out Fast Growing Trees: https://fastgrowingtrees.com/gold* Check out NPR: https://npr.org* Check out Vanta and use my code SCHIFF for a great deal: https://www.vanta.comPrivacy & Opt-Out: https://redcircle.com/privacy

12 Huhti 1h 5min

Trump’s tariffs will hurt U.S. consumers and industries, leading to higher prices, fewer imports, and potential recession, while discussing their legality.Go to https://get.stash.com/gold to see how you can receive $25 towards your first stock purchase and to view important disclosures.Peter Schiff discusses the steep decline in the stock market following President Trump's announcement of tariffs, with a focus on how these tariffs will negatively impact the U.S. economy. The host argues that, contrary to Trump's claims, the tariffs will not rejuvenate American industries and will instead lead to higher prices for consumers, fewer imports, and potential recession. The tariffs are considered illegal and unconstitutional by the host, who explains that tariffs, historically, have been a burden on the middle class and poor. The host also mentions China's retaliatory tariffs and the broader implications on global trade and economic stability.🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com🔔 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/peterschiffChapters:00:00 Introduction: The High Stakes of Trading00:57 Market Meltdown: The Impact of Tariffs03:39 Stock Market Analysis: Winners and Losers05:15 The Global Trade War: China's Retaliation08:01 The Economics of Tariffs: Winners and Losers08:52 The Shoe Industry: A Case Study11:41 The Bigger Picture: US Consumption and Production25:53 The Constitutional Debate on Tariffs29:49 Trump's Tariff Strategy: A Closer Look35:44 Global Trade Deficits and Tariffs36:20 Scapegoating Immigrants and Trade Policies37:07 Historical Context of Tariffs and Taxes40:13 The Populist Movement and Income Tax43:59 Impact of Tariffs on the Middle Class47:16 Economic Consequences of Tariffs52:13 Global Recession and Market Reactions57:32 China's Role and Global Supply Chains01:01:54 Investment Strategies and Economic Predictions01:05:27 Conclusion and Final Thoughts#tariffs #trump #stocksOur Sponsors:* Check out DeleteMe: https://deleteme.com/GOLD* Check out Fast Growing Trees: https://fastgrowingtrees.com/gold* Check out NPR: https://npr.org* Check out Vanta and use my code SCHIFF for a great deal: https://www.vanta.comPrivacy & Opt-Out: https://redcircle.com/privacy

4 Huhti 1h 4min

Peter Schiff discusses market sell-offs, stagflation, tariffs, gold vs. Bitcoin performance, Fed policies, economic shifts, government inefficiencies, and his legal battle over his bank's closure.Go to https://get.stash.com/gold to see how you can receive $25 towards your first stock purchase and to view important disclosures.Go to https://linkedin.com/schiff to post your job for free. Terms and conditions apply.Peter Schiff discusses recent stock market sell-offs, the impact of economic data pointing to stagflation, and the effects of tariffs. He highlights the divergences between gold and Bitcoin performances, emphasizing gold’s bullish trend and Bitcoin’s decline. Schiff explains the complications of stagflation for the Federal Reserve, economic repercussions of ongoing tariffs, and potential shifts in financial markets. He also touches on Trump's potential policy impacts and the inefficacies within government programs and unions. Schiff concludes with insights into his legal battle over his bank’s closure.🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com🔔 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/peterschiffChapters:00:00 Introduction and Market Overview00:54 Personal Update and Podcast Delay03:00 Stock Market Analysis05:22 Bitcoin vs. Gold14:16 Economic Data and Stagflation27:47 Tariffs and Market Impact32:49 Tariffs and Their Economic Impact33:39 Critique of Trump's Economic Advisors34:32 Globalization and Its Reversal35:19 Inflation and Domestic Money Supply37:54 Consumer Sentiment and Inflation Expectations39:26 Impact of Car Tariffs44:17 Public Sector Unions and Government Spending52:01 Bitcoin and Government Financial Policies55:34 Personal Legal Battle and AI Analysis01:01:31 Conclusion and Final Thoughts#Stagflation #Silver #BitcoinOur Sponsors:* Check out DeleteMe: https://deleteme.com/GOLD* Check out Fast Growing Trees: https://fastgrowingtrees.com/gold* Check out NPR: https://npr.org* Check out Vanta and use my code SCHIFF for a great deal: https://www.vanta.comPrivacy & Opt-Out: https://redcircle.com/privacy

31 Maalis 1h

Peter Schiff discusses the Fed's unchanged interest rates, rising inflation, gold prices signaling monetary issues, and promotes gold and silver investments.Sign up for a $1/month trial period at https://shopify.com/goldPeter Schiff discusses the recent FOMC announcement on interest rates remaining unchanged and critiques the Fed's dovish stance amid rising inflation. Schiff highlights the Fed's plan to slow quantitative tightening, rising gold prices as a warning of loose monetary policy, and calls for higher interest rates. He criticizes the Fed's handling of inflation expectations and the economic composition of job growth. Schiff also promotes gold and silver investments as protection against inflation.🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com🔔 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/peterschiffChapters:00:00 Introduction and Opening Remarks01:20 Federal Reserve's Interest Rate Announcement02:15 Discussion on Quantitative Tightening05:59 Gold Prices and Market Signals12:27 Inflation Concerns and Monetary Policy19:16 Commercial Break and Sponsor Message20:36 Special Offers on Gold and Silver26:38 Analysis of Tariffs and Inflation30:38 Fed's Shift in Inflation Expectations31:14 Powell's Dismissal of Five-Year Inflation Concerns32:23 Consumer Sentiment and Price Levels33:49 Fed's Inflation Averaging Policy38:30 Government Jobs vs. Private Sector Jobs41:46 US National Debt and Borrowing Challenges49:18 Critique of Fed's Independence and Policy54:45 Investment Advice and Market Trends#FederalReserve #inflation #goldOur Sponsors:* Check out DeleteMe: https://deleteme.com/GOLD* Check out Fast Growing Trees: https://fastgrowingtrees.com/gold* Check out NPR: https://npr.org* Check out Vanta and use my code SCHIFF for a great deal: https://www.vanta.comPrivacy & Opt-Out: https://redcircle.com/privacy

20 Maalis 56min

Peter Schiff discusses market rallies, gold-silver divergence, investment strategies, inflation impacts, consumer sentiment, and criticizes U.S. monetary policies and government interventions.Head to https://lumen.me/gold for 20% off your purchase.In this episode of The Peter Schiff Show, Peter discusses the recent stock market rally and the historic rise in gold prices, highlighting the significant divergence between gold and silver performance. He advises investors to focus on precious metals, particularly silver, and gold mining stocks. Peter critiques the modern investment tendencies of young people towards cryptocurrencies like Bitcoin, arguing for the wisdom of following central bankers who are turning to gold. He also delves into the latest inflation data and its market impact, along with a strong critique of government policies and their consequences on the economy. Additionally, Peter shares a recent FOIA production from his lawsuits against the government, revealing potential misconduct by IRS agents.🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com🔔 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/peterschiffChapters:00:00 Introduction and Market Overview01:34 Gold and Silver Market Analysis05:53 Investment Strategies and Insider Insights17:52 Inflation and Economic Indicators20:44 Consumer Sentiment and Political Commentary34:08 Tech Investment Trends and Market Shifts35:16 Performance of Various Funds in 202340:20 Contrarian Indicators and Market Predictions44:30 Debate on SEC and FDIC50:33 Legal Battles and Government Transparency01:03:39 Conclusion and Call to Action#Finance #StockMarket #InvestmentsOur Sponsors:* Check out DeleteMe: https://deleteme.com/GOLD* Check out Fast Growing Trees: https://fastgrowingtrees.com/gold* Check out NPR: https://npr.org* Check out Vanta and use my code SCHIFF for a great deal: https://www.vanta.comPrivacy & Opt-Out: https://redcircle.com/privacy

17 Maalis 1h 4min

Peter discusses market drops, tariffs, AI and crypto trends, and recommends considering gold stocks and foreign markets over U.S. due to changing economic conditions.Go to https://get.stash.com/gold to see how you can receive $25 towards your first stock purchase and to view important disclosures.In this episode of The Peter Schiff Show, Peter discusses his perspective on recent market volatility, the implications of tariff changes announced by Trump, and the ongoing shifts in key financial assets. He highlights significant market drops, including a thousand-point dip in the Dow and a 30% decline in Bitcoin since late January. Peter sheds light on the potential 30-day ceasefire between Russia and Ukraine and shares his concerns about the Trump administration's economic policies, particularly regarding tariffs on Canadian aluminum and steel. He criticizes the government's regulatory bodies and outlines the impact of weakening US dollar on global investments. Additionally, Peter emphasizes the importance of gold stocks as a hedge and predicts continued outperformance of foreign markets and commodities.🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com🔔 Free Reports & Market Updates: https://www.europac.com📘 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/peterschiffChapters:00:00 Introduction and Market Overview02:14 Stock Market Analysis03:18 Impact of Tariffs and Trade Policies05:58 Cryptocurrency and Bitcoin Trends09:40 Gold and Foreign Markets20:12 Commercial Break21:35 Japanese Rate Hike and Global Impact31:35 Impact of Closing the US-Canada Border32:56 Canada's Alternative Markets33:37 American Consumers and Tariffs33:58 Personal Anecdote: Football Manufacturing35:46 Challenges of Rebuilding American Manufacturing37:07 Critique of Government Spending and Regulation39:38 The Role of the SEC and Financial Regulation43:12 Historical Perspective on Market Crashes50:04 The Future of the US Economy56:27 Investment Advice and Conclusion#stockmarket #cryptocurrency #inflationOur Sponsors:* Check out DeleteMe: https://deleteme.com/GOLD* Check out Fast Growing Trees: https://fastgrowingtrees.com/gold* Check out NPR: https://npr.org* Check out Vanta and use my code SCHIFF for a great deal: https://www.vanta.comPrivacy & Opt-Out: https://redcircle.com/privacy

12 Maalis 58min