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(1107)

Gold keeps knocking on 1800’s door – Ep 590

Gold keeps knocking on 1800’s door – Ep 590

All indexes in the red today. Closed down college towns is more bad news for banks. Massive support built for gold’s bull market. Gold stock fundamentals continue to improve. Fascism is Socialism. Ep...

8 Juli 202048min

Peter Schiff’s Independence Day Remix

Peter Schiff’s Independence Day Remix

The Peter Schiff Show Podcast Ep 264: https://youtu.be/vdnF9t-kHt4 The Peter Schiff Show Podcast Ep 265: https://youtu.be/onMqKwyhKLw The Peter Schiff Show Podcast Ep 368: https://youtu.be/XGqHMoY7ris...

6 Juli 20201h

Jobs and Stocks Are Nothing to Brag About – Ep 589

Jobs and Stocks Are Nothing to Brag About – Ep 589

Trump disingenuous about job creation. Employment numbers should be taken with a grain of salt. The relapse has started. Gold is a coiled spring and the market is primed for a huge move up. Check out ...

3 Juli 20201h 8min

Gold Is The New Gold – Ep 588

Gold Is The New Gold – Ep 588

Air going back into the bubble is fueling Q2’s phony rally from Q1. Spectacular gains in the gold stocks eclipse the gains in the Dow, Nasdaq, and S&P. Gold breaking out and stealing the spotlight fro...

30 Juni 202059min

The V-shaped recovery narrative is falling apart – Ep 587

The V-shaped recovery narrative is falling apart – Ep 587

As I predicted, US stock market continued to be under pressure throughout the week. Financial stocks lead lower by Goldman Sachs. Companies that can’t make money need to go out of business. Betting od...

27 Juni 202055min

The Dollar Milk Shake Theory is all Wet – Ep 586

The Dollar Milk Shake Theory is all Wet – Ep 586

I’m going on the Joe Rogan Experience July 14th. I’m speaking at FreedomFest July 15th and 16th. Gold is the last safe haven left standing. Trump an even bigger underdog than he was in 2016. RATE AND...

25 Juni 202049min

During bad times, a good Fed Chair is not popular – Ep 585

During bad times, a good Fed Chair is not popular – Ep 585

Strong signs we’ve exhausted this bear market rally. Dollar and Bitcoin bottoms ready to drop from under them. Real estate sales masking underlying weakness in market. Trump is the Republican Jimmy Ca...

20 Juni 202050min

Fed buying junk bonds to reward speculators – Ep 584

Fed buying junk bonds to reward speculators – Ep 584

Powell testifies in front of the Senate. Fed beholden to Wall Street speculators. The nail is in the coffin. We are the future generation that has to pay for the Fed’s profligacy. We’re in the lull be...

17 Juni 20201h 14min

Populärt inom Business & ekonomi

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