Gold and Silver Are Poised to Melt Up - Ep 985


Episode Artwork
1.0x
0% played 00:00 00:00
Oct 22 2024 61 mins   604 5 0

Gold rises, Fed policies, inflation, QE, Trump, Bitcoin, BRICS, debt.


Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/gold

Sign up for a $1/month trial period at https://shopify.com/gold


Peter Schiff delves into recent economic developments and market trends, returning from the Orlando Money Show to share his insights. He discusses the significant rise in gold and silver prices, the unexpected increase in long-term bond yields following the Fed's rate cuts, and critiques of mainstream media narratives about the economy's strength. Schiff argues that underlying economic conditions are weaker than reported, leading to higher inflation and growing budget deficits. He touches on the sell-off in U.S. treasury bonds, the BRICS Summit's implications for the dollar, and the illusion of wealth created by inflation. Schiff analyzes Donald Trump's economic policies, including the potential for a 'Trump dump' on Bitcoin and the harms of new tax schemes and tariffs. He concludes by advocating for an honest default on debt to avoid hyperinflation, highlighting the need for realistic economic solutions to manage the impending crisis effectively.


🟨 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


01:03 Introduction and Market Update

01:42 Gold and Silver Price Surge

04:45 Impact of Fed Rate Cuts

07:24 Economic Indicators and Job Market Analysis

08:35 Inflation and Bond Market Dynamics

10:39 Gold Market Trends and Predictions

26:47 Trump's Influence on Markets

33:16 Understanding Direct and Indirect Taxes

33:53 Trump's Tariffs and the BRICS Summit

34:39 Impact of Tariffs on the Dollar

36:44 Global Shift Away from the Dollar

43:30 Paul Tudor Jones on Inflation and Debt

48:57 The Looming Debt Crisis

57:48 Conclusion and Final Thoughts


#GoldMarket #Inflation #EconomyPrediction



Privacy & Opt-Out: https://redcircle.com/privacy