Will the Trade War Prick America’s Bubble Economy? – Ep.  369

Will the Trade War Prick America’s Bubble Economy? – Ep. 369

"Bring on the Trade War!"
Today is Jobs Friday, but before I get to the jobs report, I want to talk a little bit about the escalation of the trade war, In fact, some stories I'm reading are that the trade war began today, or last night. A lot of the tariffs are finally being imposed. The market reacted positively; the Dow was up 100 points today. The NASDAQ was up 100 points as well, which is percentage-wise a much bigger increase - 1.34% move - so who cares about a trade war? "Bring it on! America is going to win the trade war because we've got the least to lose because we've got the biggest deficits.
Dollar Sold Off Despite Trade War and Jobs Number
The dollar, meanwhile, sold off today. The dollar index closed at 94, barely held the 94 handle. It traded below briefly, despite what many people consider a stronger Nonfarm Payroll report. So, the dollar went down despite the beginning of the trade war and despite the supposed strong jobs number. To me, the dollar topped out at 95; I expect us to crack below 94 next week, and if we break below 93, if we get into the 92's I am pretty sure the rally is over, technically speaking and we're heading for new lows relatively quickly.
Who is the Industrial Powerhouse?
Let me get back to the trade war that we are supposedly going to win. One of the most interesting things about it, is when you look at the goods each side is imposing tariffs on. When you look at that, you can see which country is the industrial powerhouse and which country is a third world country masquerading as an economic power. Here are the goods made in China that Trump wants to tax the American citizens on:






Aircraft tires
Scales


Nuclear reactors
Cranes


Boat motors
Bulldozers


Aircraft engines
Boring machines


Aircraft engine parts
Construction vehicles


Air & gas compressors
Oil & gas drilling platforms


Combine harvesters
Plows


Industrial heating equipment
Chicken Incubators


Dairy milkers
Plows


Livestock equipment
Machinery for processing meats


Paper making machinery
Machinery for molds, cements


Printer & copy machine parts
Machinery for glass products


Printer & machinery for making rubber
Industrial ovens


Industrial magnets
AC & DC generators


Lithium batteries
Electric transformers


Radar & radio equipment
Equipment for circuit breakers


Television parts & video recorders
LED's


Electronic traffic signs
Trains & rail parts


Large vehicles
Diesel cars & trucks


Motorcycles
Helicopters


Microscopes
Airplanes




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A Truly Independent Fed Would Criticize Bad Fiscal Policy – Ep 822

A Truly Independent Fed Would Criticize Bad Fiscal Policy – Ep 822

· Gold less volatile than stock market indexes. · Bitcoin more volatile than stock market indexes. · Rising interest rates pushing up deficit. · Abortion laws should be left to the states. · Democrats are only pro-choice when it comes to abortions. · The Patriot Act should have been called the Anti-Privacy Act. Thanks Ladder. Go to https://ladderlife.com/gold today to see if you’re instantly approved. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://peterschiff.locals.com/ to become a member. Invest like me: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

26 Juni 202259min

Recession Rears Uglier Head Than Inflation – Ep 821

Recession Rears Uglier Head Than Inflation – Ep 821

· Dow Jones just did something it hasn't done since the great depression. · Rates in the UK and Japan headed higher. · Weakness and volatility in crypto markets. · Government moves to ban Juul vapes. · Jerome Powell uses politics as an excuse. Free $75 credit to boost your post at https://indeed.com/peter. Plus earn up to $500 extra in sponsored job credits with Indeed’s Virtual Interviews.Terms and conditions apply. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://peterschiff.locals.com/ to become a member. Invest like me: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

23 Juni 20221h 5min

75 Basis Point Rate Hike May Signal Peak Hawkishness – Ep 820

75 Basis Point Rate Hike May Signal Peak Hawkishness – Ep 820

· Fed makes biggest rate hike move in 28 years. · Powell makes excuses for Fed’s role in causing inflation. · Credit card debt at all time high while credit card interest surges. · Atlanta Fed predicts zero growth for second quarter. · Green New Deal Democrats should embrace higher oil prices. · Gold shows strong support at $1800. · CNBC gives Michael Saylor a podium to keep pumping Bitcoin. Thanks, Tommy John Get 20% off your 1st order https://tommyjohn.com/gold. See site for details. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://peterschiff.locals.com/ to become a member. Invest like me: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

16 Juni 20221h 1min

The Bull Market Is Dead. The Bear May Live Long. – Ep 819

The Bull Market Is Dead. The Bear May Live Long. – Ep 819

· Dow is now the only major index not in a bear market. · Bitcoin and Ethereum have a Black Monday. · Highest inflation in US history will be game changer for dollar and precious metals. · Google settles frivolous lawsuit. · Bitcoin pumpers lower the bar. · Celsius crypto accounts frozen. Go to https://shopify.com/gold for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://peterschiff.locals.com/ to become a member. Invest like me: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

14 Juni 202250min

Peak Inflation Was Transitory – Ep 818

Peak Inflation Was Transitory – Ep 818

· Inflation beat expectations by a wide margin. · Consumers more pessimistic now than in depth of Covid lockdowns. · CNBC ridicules David Einhorn for recommending gold investing. · Investors selling both the rumor and the fact. · Christine Lagarde said nothing hawkish. · Recession will kick inflation into a new gear. · Gold stocks unexpected victim of inflation. · Government causes inflation, not prices. · Putin calls out Biden for lying about price hikes. Free $75 credit to boost your post at https://indeed.com/peter. Plus earn up to $500 extra in sponsored job credits with Indeed’s Virtual Interviews. Terms and conditions apply. Cut your wireless bill to $15/month at https://mintmobile.com/gold Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://peterschiff.locals.com/ to become a member. Invest like me: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

11 Juni 20221h 6min

The US Economy Gets Weaker as Inflation Gets Stronger – Ep 817

The US Economy Gets Weaker as Inflation Gets Stronger – Ep 817

· Food prices headed higher. · Energy prices headed higher. · Chief is not an offensive word to Native Americans. · Inflation is not the private sector’s fault Get an extra 3 months. https://expressvpn.com/gold Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://peterschiff.locals.com/ to become a member. Invest like me: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

8 Juni 202242min

Jobs Are a Lagging Indicator – Ep 816

Jobs Are a Lagging Indicator – Ep 816

· Encouraging action in gold stocks. · America has never been in a weaker position to fight inflation. · Busts are the solution to artificial booms. Thanks to The Jeffrey Verdon Law Group. Go to https://jmvlaw.com by 7/15 and mention my name for 50% off your initial consultation. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://peterschiff.locals.com/ to become a member. Invest like me: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

4 Juni 202251min

Biden Passes the Buck on Inflation – Ep 815

Biden Passes the Buck on Inflation – Ep 815

· Investors come back selling. · Crypto among worst performers of May. · Gold stocks are in a buying opportunity. · Germany is the key to the European Union. · Biden outlines a plan for fighting inflation. · Oil will continue spiking because of Biden, not Putin. Thanks to The Jeffrey Verdon Law Group. Go to https://jmvlaw.com by 7/15 and mention my name for 50% off your initial consultation. Thanks https://truebill.com/gold. It could save you hundreds a year. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://peterschiff.locals.com/ to become a member. Invest like me: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

1 Juni 202255min

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