The Peter Schiff Show Podcast

Powell Fiddles While Inflation Burns - 1009


Listen Later

Gold reaches record highs, silver follows. Market reactions, inflation concerns, Fed's policies, and economic predictions.


To get $100 towards your first bed purchase, go to https://thuma.co/gold


Peter Schiff discusses the adverse day for inflation and the Federal Reserve but an excellent day for gold and gold stocks. Schiff critiques the Fed's premature halting of rate hikes, emphasizing how the latest CPI report exceeded expectations and its implications on future trends. He highlights the underreporting of these significant inflation figures by financial media and critiques Jerome Powell's stance on inflation during a House committee hearing. Additionally, Schiff underscores how the ongoing policies and political dynamics, including misplaced blame between parties, misrepresent the underlying economic issues. He also discusses the market reactions, including the stock and bond markets' movements, and delves deeper into the positive outlook for gold stocks, particularly with Barrick Gold's earnings exceeding expectations. Schiff concludes by encouraging investors to consider gold and gold stocks amidst the current economic trends.


🟨 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 Inflation Woes and Federal Reserve's Missteps

02:44 Media's Downplay and Fed's Testimony

03:40 Analyzing the Inflation Data

09:17 Political Blame Game

13:14 Critique of Media and Political Polarization

17:42 Market Reactions and Predictions

23:08 Gold and Gold Stocks Performance

32:14 Market Optimism and Fund Performance

33:46 Gold Fund's Promising Future

34:13 Investment Advice and Risk Tolerance

37:30 Commodity Prices and Inflation Concerns

39:39 Tariffs and Economic Impact

42:35 Federal Reserve and Congressional Hearings

47:37 Debt Crisis and Economic Warnings

52:42 Gold Revaluation and Inflation

58:03 Final Investment Recommendations

59:38 Closing Remarks and Call to Action


#inflation #goldstocks #economicforecast



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 Boll & Branch: https://boilandbranch.com/SCHIFF
* 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
...more
View all episodesView all episodes
Download on the App Store

The Peter Schiff Show PodcastBy Peter Schiff

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

5,550 ratings


More shows like The Peter Schiff Show Podcast

View all
Peak Prosperity by Chris Martenson

Peak Prosperity

578 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,074 Listeners

Sprott Money News by Sprott Money

Sprott Money News

151 Listeners

Ron Paul Liberty Report by Ron Paul Liberty Report

Ron Paul Liberty Report

2,269 Listeners

Mining Stock Education by Bill Powers

Mining Stock Education

139 Listeners

Gold Goats 'n Guns Podcast by Tom Luongo

Gold Goats 'n Guns Podcast

331 Listeners

Palisades Gold Radio by Collin Kettell

Palisades Gold Radio

252 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,035 Listeners

Eurodollar University by Jeff Snider

Eurodollar University

463 Listeners

Doug Casey's Take by Matthew Smith

Doug Casey's Take

129 Listeners

ITM Trading Podcast by The Daniela Cambone Show and Taylor Made Economics

ITM Trading Podcast

74 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

373 Listeners

The Jay Martin Show by Jay Martin

The Jay Martin Show

79 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

397 Listeners

The David Lin Report by The David Lin Report

The David Lin Report

46 Listeners