The Great Rate Hike Hoax – Ep. 116

Peter Schiff analyzes the stock market relief rally, criticizes Trump's trade policies and tariffs, and argues that the new tax bill and economic issues are not being properly addressed.This episode is sponsored by Square. Get up to $200 off Square hardware when you sign up at https://square.com/go/peter😹 New Song From Laughing Cats: https://youtu.be/242UNuSyAz4🇺🇸 Sign up for Freedom Fest in Palm Springs, CA June 11-14: https://freedomfest.comPeter Schiff discusses the recent relief rally in stock markets following a temporary truce in the trade war, highlighting the role of President Trump's policies in both creating and defusing market tensions. He criticizes the Trump administration’s handling of tariffs and trade deficits, predicting that the U.S. economy is weaker than expected and will face significant challenges due to de-dollarization and rising interest rates. Schiff also scrutinizes the latest tax bill, arguing it fails to address core issues like the inefficiencies of the FDA and misaligned incentives in healthcare. He warns that temporary market gains are misleading and that fundamental economic vulnerabilities remain unaddressed.🟨 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 Market Relief Rally Amid Trade War Truce02:27 Impact of Tariffs on the Economy05:05 De-dollarization and Global Trade Dynamics07:15 Bond Market Vulnerabilities11:24 Bitcoin and Risk Assets Analysis16:17 Gold and Silver Market Insights21:41 Upcoming Events and Personal Announcements29:44 Critique of FDA Regulations33:38 The Skin Cancer Epidemic in America34:40 The FDA and Sunscreen Regulations36:01 The Problem with Employer-Based Health Insurance38:20 The True Cost of Health Insurance45:11 Trump's Big Beautiful Bill46:34 The Carried Interest Loophole50:48 The Car Loan Tax Deduction Debate01:01:15 The Future of the US Economy01:02:00 Conclusion and Final Thoughts#tradewar #tariffs #trumpPrivacy & Opt-Out: https://redcircle.com/privacy

16 Mai 1h 1min

Peter Schiff rebukes Wall Street's false triumph over a China trade deal, dissects Trump's failed tariffs, and criticizes misguided drug pricing policies and questionable gifts from foreign nations.Sign up for a $1/month trial period at https://shopify.com/goldIn this episode of The Peter Schiff Show, Peter Schiff critiques the perceived celebration on Wall Street over a supposed trade deal with China, which he calls 'fake news.' He argues that rather than achieving a deal, President Trump merely rolled back the heavy tariffs he had initially imposed, with no substantial progress or concessions from China. Schiff contends that Trump's moves were a strategic surrender rather than a negotiation victory and attributes market reactions, such as stock rallies and gold price drops, to a relief from avoided economic damages. Schiff also criticizes Trump's populist actions such as advocating for drug price controls and accepting a questionable $400 million jet from Qatar. Schiff concludes by discussing the implications for markets and reiterates his advice on investing in gold and foreign currencies to protect against economic instability.⭐️ Sign up for Peter's most valuable insights at https://schiffsovereign.com🔔 Free Reports & Market Updates: https://www.europac.com🟨 Gold News: http://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: Wall Street Celebrates Fake Trade Deal02:50 Trump's Tariff War: The Real Story03:35 The Geneva Meeting: A Surrender in Disguise05:34 The Illusion of Victory: Trump's PR Spin17:44 Market Reactions: Stocks, Gold, and the Dollar25:38 The Bigger Picture: Economic Implications34:58 Moving Away from US Dollars35:39 Trump's Price Controls on Prescription Drugs40:10 The FDA and Drug Development Costs55:29 Trump's $400 Million Jet from Qatar01:05:07 Conclusion and Final Thoughts#Trump #Tariffs #ChinaPrivacy & Opt-Out: https://redcircle.com/privacy

13 Mai 1h 4min

Peter Schiff analyzes the Federal Reserve's unchanged rates, critiques Trump's economic claims, and predicts the fallout from current trade policies.Sponsored by NetSuite. Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/goldIn this episode of The Peter Schiff Show, host Peter Schiff critically analyzes the Federal Reserve's recent decision to maintain interest rates between 4.25% and 4.5%, highlighting Powell's inconsistent views on inflation expectations and economic conditions. Schiff also discusses President Trump’s silence on Powell's statements and questions the efficacy of trade talks with China, predicting a looming economic disappointment. He continues by scrutinizing Trump's contradictory claims regarding improving trade deficits and the misguided reliance on tariffs. Schiff emphasizes the inevitable economic consequences of current policies and suggests strategic financial adjustments, such as investing in foreign currencies and gold, to brace for impending stagflation and market instability. As always, Schiff echoes his critical stance on governmental and economic mismanagement while providing expert financial advice to his listeners.🟨 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 Introduction01:19 Federal Reserve's Interest Rate Decision02:07 Market Reactions and Investor Sentiment02:52 President Trump's Silence on Powell03:39 Powell's Press Conference Highlights04:01 Inflation Expectations and Economic Outlook07:06 Stagflation Risks and Fed's Dilemma11:38 Powell's Q&A Session Insights15:46 Gold and Dollar Market Movements23:20 China Trade Talks and Economic Implications25:46 China's Economic Strategy and US Relations32:28 Potential US Treasury Default and Economic Risks36:38 Who Pays Tariffs?37:53 The Secretary of the Treasury's Dilemma40:36 Trump's Economic Claims43:00 Deficit Spending and Government Cuts47:56 Tariff Impact on Small Businesses53:54 Trump's Tariff on Movies57:49 Warren Buffett's Strategic Moves01:00:35 Investing in Foreign Markets01:02:31 Gold and Silver Investment Opportunities01:02:57 Gold Mining Stocks Analysis01:04:26 Silver's Potential Upside01:05:15 Conclusion and Final Thoughts#Tariffs #Trump #ChinaPrivacy & Opt-Out: https://redcircle.com/privacy

8 Mai 1h 4min

Peter Schiff critiques the April stock market rally, U.S.-China trade war optimism, misleading economic indicators, and the ethical implications of the 'Executive Branch' social club.Sponsored by Stash. 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 scrutinizes the apparent rebound in the stock market during April, questioning the sustainability of the rally amidst underlying economic weaknesses. Peter dives deep into the illusory optimism fueled by hopes of trade war de-escalation, explaining why he believes the recent market surge is built on unfounded optimism. He further discusses intricacies of the U.S.-China tariff battle, debunking the administration’s claims about the benefits of a strong dollar and pointing out the inconsistencies in trade policies. Additionally, Peter sheds light on the controversial implications of the Trump administration's strategies, including the ethical questions surrounding the newly established 'Executive Branch' social club. Stay tuned as Peter Schiff provides an unfiltered take on our economic reality and calls out misleading governmental narratives.🟨 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 Overview01:00 Stock Market Rebound Analysis02:28 Trade War and Tariff Impacts04:04 China's Tariff Reductions and U.S. Response09:25 Dollar Policy and Trade Deficits11:35 Economic Data and Market Reactions28:29 Job Market Insights and Government Reports36:30 Construction Spending and Economic Outlook36:52 Manufacturing and GDP Analysis38:11 Trump's Economic Claims and Popularity41:06 Impact of Tariffs on Prices and Economy44:22 Trade Deficit and Consumer Confidence53:55 Canadian Elections and Tariff Effects57:12 Trump's Executive Branch Club Controversy01:06:13 Podcast Conclusion and Personal Anecdotes#tariffs #Trump #GDPPrivacy & Opt-Out: https://redcircle.com/privacy

3 Mai 1h 6min

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

28 Apr 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 #inflationPrivacy & Opt-Out: https://redcircle.com/privacy

18 Apr 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 #goldPrivacy & Opt-Out: https://redcircle.com/privacy

12 Apr 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 #stocksPrivacy & Opt-Out: https://redcircle.com/privacy

4 Apr 1h 4min