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 market is the worst performer globally, and he's ignoring the real crisis ahead: a sovereign debt catastrophe that will make 2008 look like a warm-up act.


  • This episode is sponsored by Samsara. - This episode is sponsored by Samsara. Head to https://samsara.com/gold to request a free demo and see how Samsara brings visibility and safety to your operations.
  • This episode is also sponsored by Function. Own your health for $365 a year. That’s a dollar a day. Learn more and join using my link. Visit https://www.functionhealth.com/peter and use gift code PETER25 for a $25 credit toward your membership.


Peter Schiff delivers a scathing critique of Trump's State of the Union address, systematically debunking what he calls numerous economic lies and misrepresentations. Schiff argues that Trump's claims about achieving the "hottest economy in the world" and a "historic economic turnaround" are completely false, pointing out that GDP growth actually slowed from 2.8% under Biden's final year to 2.4% in Trump's first year. He criticizes Trump's housing policy of keeping prices artificially high while suppressing mortgage rates, calling it the same failed approach that led to the 2008 financial crisis, and disputes claims about record-breaking tax cuts, inflation solutions, and stock market performance.


Beyond exposing what he sees as outright fabrications, Schiff condemns Trump's economic policies as fundamentally socialist, including the ban on Wall Street buying single-family homes, government intervention in power plant construction, and various spending programs disguised as tax cuts. He warns that these policies will accelerate inflation and fiscal crisis, predicting that the resulting economic collapse will be blamed on Republicans and capitalism, paving the way for Democratic victories and more socialist policies. Schiff urges listeners to protect themselves by investing in gold, silver, and foreign stocks, noting that gold mining stocks are hitting new highs ahead of the metals themselves, which he sees as a bullish leading indicator.


Chapters:

00:00 Show Intro Montage

00:55 State of the Union Setup

03:36 Housing Prices and Rates

10:24 Stock Market Bragging

15:54 Economy Claims and Inflation

31:10 Gas and Economic Bragging

32:48 Tariffs Supreme Court and Trade Reality

35:56 Taxes Entitlements and Price Claims

39:26 Healthcare Drugs and Anti Socialism Rants

53:05 Fiscal Cliff and Gold Strategy


Follow @peterschiff

X: https://twitter.com/peterschiff

Instagram: https://instagram.com/peterschiff

TikTok: https://tiktok.com/@peterschiffofficial

Facebook: https://facebook.com/peterschiff


Sign up for Peter's most valuable insights at https://schiffsovereign.com

Schiff Gold News: https://www.schiffgold.com/news

Free Reports & Market Updates: https://www.europac.com

Book Store: https://schiffradio.com/books


#Finance #Economics #Gold



Our Sponsors:
* Check out GhostBed: https://ghostbed.com/PETER
* 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

Avsnitt(1102)

Will She or Won’t She? Ep. 109

Will She or Won’t She? Ep. 109

* Tomorrow we have the most highly anticipated Fed meeting ever, but this will not be the last time I'll say this * We'll also be anticipating October and December if the Fed does not raise interest ...

16 Sep 201523min

Weak Data Belies Fed’s Upbeat Narrative – Ep. 108

Weak Data Belies Fed’s Upbeat Narrative – Ep. 108

* The U.S. stock market finished out this holiday-shortened week on an upnote with the Dow Jones up just over 100 points * This was the best week the market has had since March * The dollar was soft...

11 Sep 201522min

Rate Hike Fear JOLTS Markets – Ep. 107

Rate Hike Fear JOLTS Markets – Ep. 107

* Another day, another 450-point swing in the Dow Jones * The market opened about 250 points higher off the back of overseas markets * Japan was the standout; it was up about 7% on the hope of more ...

10 Sep 201531min

Did August Jobs Ready Fed for Sept. Rate Hike?

Did August Jobs Ready Fed for Sept. Rate Hike?

* Earlier today we released the most important Non-Farm Payroll report ever, at least according to the media * A WSJ article stated that this report could "seal the deal" on rate hikes * Interest ra...

4 Sep 201530min

Fed Casts Extras In Its Rate Hike Show

Fed Casts Extras In Its Rate Hike Show

* The Dow just finished its worst month in over 4 years * A lot has happened in the market since I recorded my last podcast * When I recorded that podcast, I had anticipated a "Turnaround Tuesday" w...

1 Sep 201533min

Will the Fed Rescue the Stock Market? – Ep. 105

Will the Fed Rescue the Stock Market? – Ep. 105

* It wasn't a Black Monday of the 1987 variety, but it was one for the record books * The Dow was down opened downjust over 1,000 points - the biggest intra-day point drop ever * When the market ope...

25 Aug 201523min

U.S. Stock Market Correction Not Made In China – Ep.104

U.S. Stock Market Correction Not Made In China – Ep.104

* What a week for global stock markets, but in particular, the U.S. stock market, which had its worst week in 4 years * The Dow Jones down better than 1,000 points - over 10% from its peak puts it in...

22 Aug 201527min

FOMC Minutes Confirm Fed Rate Hike Rocket Not Ready for September Liftoff  – Ep. 103

FOMC Minutes Confirm Fed Rate Hike Rocket Not Ready for September Liftoff – Ep. 103

* Today the FOMC minutes were released at 2:00 today and this is the last look inside the head of the FOMC members before September * Now expectations are being pushed back to December * Gold and si...

20 Aug 201520min

Populärt inom Business & ekonomi

badfluence
framgangspodden
varvet
rss-jossan-nina
rss-svart-marknad
uppgang-och-fall
rss-borsens-finest
avanzapodden
fill-or-kill
lastbilspodden
borsmorgon
bathina-en-podcast
rss-inga-dumma-fragor-om-pengar
24fragor
rss-dagen-med-di
rss-kort-lang-analyspodden-fran-di
svd-tech-brief
tabberaset
dynastin
loungepodden