Peter Schiff discusses market drops, tariff impacts, Trump's Bitcoin reserve, and advocates for foreign stocks and gold investments.
Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/gold
Start your free online visit today at https://hims.com/gold
In this episode of The Peter Schiff Show, Peter analyzes a turbulent week in financial markets, highlighting significant declines across major US indices such as the Dow, Nasdaq, and Russell 2000. He discusses the impact of weak economic data, rising bond yields, and currency movements, particularly in Germany and Japan. Peter also critiques the Trump administration's tariff policies and their misconceptions, emphasizing that tariffs harm American consumers rather than foreign economies. Additionally, he delves into the controversial establishment of a US Bitcoin reserve, interpreting it as a non-committal move. Peter concludes by advising listeners to invest in foreign markets, precious metals, and emerging markets for better returns.
🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com
🔔 Free Reports & Market Updates: https://www.europac.com
🟡 Schiff Gold News: https://www.schiffgold.com/news
📘 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
01:19 Market Overview and Financial Insights
02:56 Stock Market Performance Analysis
05:56 Global Economic Trends and Predictions
12:31 Investment Strategies and Recommendations
20:49 Jobs Data and Economic Indicators
27:31 Tariffs and Cryptocurrency Discussion
34:25 Impact of Tariffs on Canadian and US Economies
34:59 Misconceptions About Tariffs and Economic Strength
36:11 The Real Cost of Tariffs on American Consumers
38:50 Challenges in Reviving US Manufacturing
40:50 Political and Economic Realities of Tariffs
46:32 Crypto Manipulation and Insider Trading
50:19 Trump's Bitcoin Reserve Announcement
55:48 Economic Predictions and Investment Advice
01:03:35 Conclusion and Final Thoughts
#Bitcoin #Gold #Trump
Our Sponsors:
* Check out Boll & Branch: https://bollandbranch.com/SCHIFF
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.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.