Peter Schiff dives into the wild financial markets, tariff drama, trade deficits, and golden opportunities.
Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/gold
Peter Schiff discusses the recent turmoil in the financial markets, attributing it to the imposition of tariffs by the Trump administration. Schiff criticizes the tariffs, asserting that they hurt the U.S. economy, caused the dollar and bond markets to crash, and ultimately led to significant market volatility. He contends that Trump's tariffs were a misguided attempt to reduce trade deficits and that they contradicted basic economic principles. Schiff outlines how foreign investors fleeing U.S. assets and central banks favoring gold over dollars indicate a shift away from U.S. economic dominance. He emphasizes the importance of investing in gold mining stocks, anticipating substantial growth as the economic crisis unfolds.
🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com
🔔 Free Reports & Market Updates: https://www.europac.com
📘 Book Store: https://schiffradio.com/books
👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff
👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff
👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial
👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff
Chapters:
00:00 Introduction and Opening Remarks
02:38 Market Recap: A Wild Week
05:43 Tariffs and Trade Wars
08:51 Trump's Negotiation Tactics
14:58 Impact on the US Economy
18:42 Global Reactions and Consequences
26:53 Currency and Market Movements
35:41 Economic Consequences of Tariffs
36:38 Impact on American Companies
38:11 Global Financial Crisis Predictions
42:40 Gold and Bitcoin Market Analysis
45:30 Investment Strategies in Gold Stocks
51:34 The Future of the US Dollar and Global Economy
01:03:04 Final Thoughts and Investment Advice
#finance #investing #gold
Our Sponsors:
* Check out Boll & Branch: https://bollandbranch.com/SCHIFF
Privacy & Opt-Out: https://redcircle.com/privacy
Popular Podcasts
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
The Clay Travis and Buck Sexton Show
The Clay Travis and Buck Sexton Show. Clay Travis and Buck Sexton tackle the biggest stories in news, politics and current events with intelligence and humor. From the border crisis, to the madness of cancel culture and far-left missteps, Clay and Buck guide listeners through the latest headlines and hot topics with fun and entertaining conversations and opinions.