The Peter Schiff Show Podcast24 Aug 2019

Trump Loses It on Twitter – Ep. 494

Recorded August 23, 2019
A Bad Day for Everybody Except the Democratic Candidates
If you are one of the Democrats running for President, today was a pretty good day for you. But it was a bad day for just about everybody else; I guess other than gold investors, which I clearly am, but I'm also an American and I hate to see bad things happening to my country, even though I know bad things are going to happen. I would just rather be among those who profit from these events than suffer additional monetary loss in addition to the losses you endure as an American citizen as a result of the ensuing chaos and loss of liberties.
President Trump Lost It on Twitter
Today, President Trump really kind of lost it. On Twitter. Real time. Maybe what Trump needs is somebody to be his official Twitter filter. Maybe there should be a policy where when Trump wants to tweet, there is like a one or two hour cooling off period where the tweets get reviewed, maybe edited, maybe someone gets to talk a little sense into him before he tweets. But today's tweet storm probably really indicates that the White House, I think, is in disarray. I think the President realizes that the air is coming out of this big, fat, ugly bubble. That he's not going to get out of Dodge.
CBO Revised Up Budget Deficit Estimate Again
He's trying to pretend that the economy is in great shape, yet we're hearing rumors that we need a payroll tax cut, we need stimulus for the economy. Why would you stimulate an economy that's doing great? If we have the greatest economy in the history of America, why does it need even more fiscal stimulus? After all, we already have the most fiscal stimulus ever. We have the largest budget deficits in history. In fact the Congressional Budget Office this week came out and revised up again their estimates for the deficit. Our Sponsors: * Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com * Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai * Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com * Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com Privacy & Opt-Out: https://redcircle.com/privacy

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(1119)

Inflation Doubled, Yields Hit 19 Year High, Gold Trashed. SETUP of a LIFETIME

PPI doubled estimates at 1.4%, yields broke 5% on $39T debt, and CNBC says sell gold stocks — that's the best buy signal I've ever seen.This episode is sponsored by NetSuite. Download Netsuite’s free ...

14 Mai 57min

Fake Jobs, Fake Assets, Fake Victory — Nothing in This Economy Is Real

The household survey says we've lost jobs every month of 2026. The establishment survey says record highs. One of them is lying.This episode is sponsored by Odoo. Sign up for free at https://www.odoo....

9 Mai 56min

Dollar Lost Every Penny It Gained From the War — The Crack Is Starting

The dollar erased every war gain, oil's back above $102, yields are at 4.5%, and mining stocks just gave you the buying opportunity of the year.Gold settled the week at $4,612 with silver at $75.33, b...

1 Mai 32min

Trump Wants to Buy an Airline With Your Money — This Is Not Capitalism

Trump wants to buy Spirit Airlines at bankruptcy with taxpayer money to "save jobs." That's not capitalism — that's Bernie Sanders with a red tie.- Today’s podcasts is sponsored by Pebl. Go to http://...

30 Apr 1h 24min

Michael Saylor's 11% Yield Is a Ponzi Scheme — Here's the Proof

Newmont is earning $11/share at 10x PE with 132% growth — half the S&P's multiple. Wall Street is asleep at the wheel.This episode is sponsored by Outskill. Bonuses worth $5100+ if you join and attend...

25 Apr 59min

Kevin Warsh Can't Answer a Single Question - Next Fed Chair?

Warsh won't say Trump lost in 2020, won't name one policy he disagrees with, and can't explain what 1% rates would do. This is our next Fed Chair.This episode is sponsored by InvestingPRO. Get 55% off...

22 Apr 1h

Hank Paulson Warns of Debt Crisis He Helped Create

Hank Paulson warns of a "vicious" debt crisis — but his only plan is to brace for it, not prevent it. That tells you everything.This episode is sponsored by HIMS. Visit https://hims.com/gold to get a ...

18 Apr 59min

CPI Hits 3.3%, Consumer Sentiment Hits Record Low — Stagflation Is Here

CPI triples to 0.9%, consumer sentiment hits an all-time low, and the Fed is quietly running QE — stagflation isn't coming, it's here.Gold ended the week at $4,745 with silver at $75.76 and mining sto...

11 Apr 44min