Peter Schiff critiques the August CPI report, warns of rising inflation, and reflects on the tragic assassination of Charlie Kirk.
This episode is sponsored by NetSuite. Download the free ebook “navigating global trade: 3 insights for leaders” at https://netsuite.com/gold
In this episode of The Peter Schiff Show, host Peter Schiff delves into the latest economic insights surrounding the August Consumer Price Data and its implications for Federal Reserve policy. He critiques government labor market statistics, asserting their unreliability and the significant discrepancies between reported job growth and actual economic conditions. Schiff discusses the potential repercussions of anticipated rate cuts, the rising concerns over inflation, and the implications for gold and silver investments. He also reflects on recent tragic events, including the assassination of prominent political commentator Charlie Kirk, highlighting the societal implications of such violence. Tune in as Schiff navigates these pressing topics, offering his unfiltered perspective on the current economic landscape and its future trajectory.
Chapters:
00:00 Introduction and Opening Remarks
00:58 Anticipation of August Consumer Price Data
01:43 Analysis of CPI Report and Fed's Inflation Target
03:26 Critique of Government Data and Labor Market
04:53 Impact of Job Market on Fed's Rate Decisions
07:05 Historical Context and Fed's Policy Shifts
07:50 Market Reactions and Predictions
22:48 Gold and Silver Investment Insights
27:33 Performance of Gold Stocks vs. S&P 500
37:22 Economic Outlook and Policy Implications
39:38 Economic Challenges and Predictions
40:45 The Future of Gold and Inflation
42:44 Government Jobs and Economic Impact
45:04 Trump's Renaming of Departments
47:08 Remembering 9/11 and Its Aftermath
48:25 The Tragic Assassination of Charlie Kirk
53:18 Racial Double Standards in Media
01:02:14 Impact of Welfare Policies on Black Families
01:16:49 Concluding Thoughts and Reflections
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
#CharlieKirk #Inflation #EconomicOutlook
Our Sponsors:
* Check out Aeropress and use my code GOLD for a great deal: https://aeropress.com
* Check out Boll & Branch: https://boilandbranch.com/SCHIFF
* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com
Privacy & Opt-Out: https://redcircle.com/privacy
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Cardiac Cowboys
The heart was always off-limits to surgeons. Cutting into it spelled instant death for the patient. That is, until a ragtag group of doctors scattered across the Midwest and Texas decided to throw out the rule book. Working in makeshift laboratories and home garages, using medical devices made from scavenged machine parts and beer tubes, these men and women invented the field of open heart surgery. Odds are, someone you know is alive because of them. So why has history left them behind? Presented by Chris Pine, CARDIAC COWBOYS tells the gripping true story behind the birth of heart surgery, and the young, Greatest Generation doctors who made it happen. For years, they competed and feuded, racing to be the first, the best, and the most prolific. Some appeared on the cover of Time Magazine, operated on kings and advised presidents. Others ended up disgraced, penniless, and convicted of felonies. Together, they ignited a revolution in medicine, and changed the world.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.