Fake News Runs the Gamut – Ep.  386

Fake News Runs the Gamut – Ep. 386

Another Bear Market Before the Election
The odds are that we are going to have another bear market and we're going to have another recession and the odds are that both are going to start before the next election. What are the odds that Trump can be re-elected if we are in a recession and in a bear market? The only thing that Trump's got going for himself is to talk about how great the economy is, and how high the stock market is. You take that out and what does he have left?
Trump Claims Most Accomplishments Than any other President in History
I was listening to a press conference with the President today, and one of the false claims he made is that he said, "I've accomplished more in the first two years of office than any President in history." Now, I don't know where he is getting this; what exactly has he accomplished as compared to other Presidents' accomplishments. I'll agree, most modern Presidents, to the extent that they accomplish, they accomplish larger government.
We Started with Perfect Government - Small!
We started from a perfect place. We started with limited government, and most of what Presidents have accomplished was to accomplish more government by allowing more legislation to be passed, making government bigger and restricting individual liberty. From that perspective, I like a President who accomplishes nothing. We started with maximum liberty and minimal government. What I want to accomplish is maintaining minimal government.
Shrink Government and Enable Private Sector to be Great Again
When Donald Trump talked about "Making America Great Again", if he actually wanted to do it, restoring our greatness means shrinking government and enabling the private sector to be great again by removing all the burdens that have been placed on it. Has Trump actually done more, good or bad, than any other President? I doubt it.
Who Saved Social Security?
But one of the things that Trump claimed credit for, is that he said he "saved Social Security and Medicare". He said the Democrats wanted to ruin it or get rid of it, and I saved it. What Democrat wants to get rid of Social Security? 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

Episoder(1103)

The War That Breaks the Dollar

The War That Breaks the Dollar

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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 ma...

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Gold Just Issued a Warning the Fed Can’t Ignore

Gold Just Issued a Warning the Fed Can’t Ignore

Gold just broke above $5,100 — and almost no one is talking about it.While politicians argue over tariffs, the real story is accelerating stagflation. GDP growth collapsed from 4.4% to 1.4%. Core PCE ...

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Gold Back Above $5,000, Oil Breakout, Dollar Trouble Ahead

Gold Back Above $5,000, Oil Breakout, Dollar Trouble Ahead

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Presidents’ Day Is a Lie (It’s Washington’s Birthday)

Presidents’ Day Is a Lie (It’s Washington’s Birthday)

It’s not “Presidents’ Day.” Legally, it’s George Washington’s Birthday—and we’ve quietly erased the one American who actually deserves a national holiday.- This episode is sponsored by ExpressVPN. Get...

18 Feb 50min

Jobs Report “Beat” Is Another Lie: 1.1 Million Jobs Erased

Jobs Report “Beat” Is Another Lie: 1.1 Million Jobs Erased

Peter Schiff explains why today’s “better than expected” jobs report is meaningless—and why the real story is the massive downward revisions. The government erased roughly 2.5 million jobs going back ...

12 Feb 1h

Tariffs Are a Tax: Price Shock Ahead

Tariffs Are a Tax: Price Shock Ahead

Peter Schiff examines the economic fallout from tariffs, critiques Bitcoin's poor performance, and forecasts the implications for upcoming elections.- This episode is sponsored by Odoo. Sign up for fr...

5 Feb 55min

Gold & Silver Crash: Why This Selloff Changes Nothing (Buy the Dip)

Gold & Silver Crash: Why This Selloff Changes Nothing (Buy the Dip)

Gold and silver just experienced one of the most violent paper selloffs in history—but does it actually change the bull market? In this special Sunday night edition of the Schiff Gold Market Wrap, Pet...

2 Feb 46min

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