Peter Schiff exposes crypto market manipulations by Trump's team, critiques Social Security as a Ponzi scheme, and analyzes recent concerning economic data. #trump #bitcoin #crypto
Sponsor Promotions
- Stash: Go to https://get.stash.com/gold to see how you can receive $25 towards your first stock purchase and to view important disclosures.
- Shopify: Sign up for a $1/month trial at https://shopify.com/gold
Episode Overview
In this episode of The Peter Schiff Show, Peter dives into the recent surge in the cryptocurrency market and the alleged manipulation stemming from a post on Donald Trump's Truth Social account. He scrutinizes the drama surrounding Bitcoin, Ethereum, Solana, Ripple, and other altcoins, highlighting strategic timing and insider trading. Peter also discusses the anticipated, but non-existent, establishment of a US crypto reserve and the potential implications for the market. Shifting focus, Peter touches on various economic updates, including the massive US trade deficit, unemployment claims, GDP projections, and the real estate bear market. Furthermore, he criticizes the Social Security system, labeling it as a Ponzi scheme, while urging for major reforms. To cap it off, Peter reflects on his experience with media manipulation and his ongoing legal battles concerning his bank.
---
Chapters / Timestamps:
00:00 Introduction and Opening Remarks
00:58 Crypto Market Analysis
03:22 Trump's Crypto Reserve Announcement
09:28 Critique of Government Involvement in Crypto
22:04 Economic Data and Trade Deficit
33:28 Job Market and Unemployment Concerns
35:21 Housing Market Woes
35:51 Manufacturing and Economic Indicators
36:48 Personal Income and Spending
37:27 Inflation and the Fed's Dilemma
38:38 Zelensky's Visit and Media Critique
43:31 Trump's Budget Ambitions
45:56 Golden Visas and Tax Exemptions
49:26 Joe Rogan and Elon Musk on Media and Social Security
01:03:49 Gold and Silver Market Update
01:05:37 Conclusion and Final Thoughts
---
Useful Links & Resources:
Peter's Most Valuable Insights: https://schiffsovereign.com
Free Reports & Market Updates: https://www.europac.com
Schiff Gold News: https://www.schiffgold.com/news
Schiff Book Store: https://schiffradio.com/books
---
Call to Action:
If you enjoyed this episode, please hit the like button, leave a comment with your thoughts, and subscribe for more in-depth analyses and market insights!
---
Connect with Peter Schiff:
X / Twitter: https://twitter.com/peterschiff
Instagram: https://instagram.com/peterschiff
TikTok: https://tiktok.com/@peterschiffofficial
Facebook: https://facebook.com/peterschiff
Our Sponsors:
* Check out CigarBid and use my code GOLD for a great deal: https://cigarbid.com
Privacy & Opt-Out: https://redcircle.com/privacy
Popular Podcasts
Boysober
Have you ever wondered what life might be like if you stopped worrying about being wanted, and focused on understanding what you actually want? That was the question Hope Woodard asked herself after a string of situationships inspired her to take a break from sex and dating. She went "boysober," a personal concept that sparked a global movement among women looking to prioritize themselves over men. Now, Hope is looking to expand the ways we explore our relationship to relationships. Taking a bold, unfiltered look into modern love, romance, and self-discovery, Boysober will dive into messy stories about dating, sex, love, friendship, and breaking generational patterns—all with humor, vulnerability, and a fresh perspective.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com