Trump wins 2024, repeating 2016 win. Markets react with highs, despite unchanged economy woes.

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

Peter Schiff offers an in-depth analysis of Donald Trump's historic second term win, comparing it to Grover Cleveland's non-consecutive terms. Schiff critiques Trump's economic promises, tax cuts, and deregulation efforts, arguing they complicate existing fiscal problems rather than providing solutions. He highlights the disparity between media portrayal of the economy and the public's experience, emphasizing long-term issues such as the escalating national debt and rising interest rates. Schiff also discusses market reactions, potential impacts on stocks, cryptocurrencies, and commodities like gold. He delves into media bias and corruption, his own legal battles, and concerns for future economic stability under Trump's presidency.

🟨 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

00:00 Introduction and Opening Statements

01:22 Trump's Historical Win and Economic Analysis

06:38 Media Reactions and Public Sentiment

11:10 Market Reactions and Financial Implications

20:40 Comparing Economic Conditions: 2016 vs. 2024

25:47 Challenges Ahead for Trump's Second Term

32:42 Political Gridlock and Tax Cuts

33:45 Impact of Tax Cuts on Tips and Overtime

34:45 Consequences of Exempting Social Security from Taxes

36:21 Inflation and Economic Concerns

38:17 Historical Context: Liz Truss and Tax Cuts

39:59 The Bond Market's Role in Economic Stability

44:02 Trump's Economic Promises and Realities

46:04 Criticism of Trump's Policies

50:11 Personal Legal Battle and Government Corruption

01:01:41 Conclusion and Call to Action

#TrumpWin #EconomicAnalysis #GovernmentCorruption

Peter Schiff analyzes recent economic data, jobs report, GDP numbers, inflation concerns, and criticizes government policies. He discusses impacts on markets, gold, and cryptocurrency.

Support our sponsors:

• Get 15% off OneSkin with the code GOLD at https://www.oneskin.co
• Get $20 credit by being one of the first 500 traders. https://kalshi.com/gold

New song "Jerk" by Laughing Cats: https://open.spotify.com/album/6lCPwgHxmdSoPffsPofkXa

🟨 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

Timestamps:

01:41 Economic Data Overview

02:41 GDP and Consumer Spending Analysis

03:55 Inflation and Government Spending

06:23 Job Cuts and Personal Income

12:28 Manufacturing Sector Insights

15:09 October Jobs Report Preview

15:23 Sponsor Message: OneSkin

17:05 Personal Update and Music Promotion

19:56 October Jobs Report Analysis

26:24 Market Reactions and Predictions

29:46 Sponsor Message: Kalshi

34:51 MicroStrategy vs. Newmont Mining: A Market Analysis

42:23 Bitcoin and Market Sentiment

45:24 The Contrarian Investment Approach

46:31 The Importance of a Constitutional Republic

47:34 The Trump Economic Miracle: Fact or Fiction?

50:49 Voting Strategy for Libertarians

56:51 Conclusion and Final Thoughts

#gold #mstr #bitcoin

Kamala Harris' election odds, Trump's market impact, economic data, job reports, consumer confidence, and record-high gold.

Cut your wireless bill to $15/month at https://mintmobile.com/gold. $45 upfront payment required. For new customers on the first 3 month plan only.

Market Predictions, Election Insights, and Economic Realities Peter Schiff addresses the economic landscape, election dynamics, and market predictions. He critiques Kamala Harris's low betting odds, Trump's rise in the polls, and the weak job market, emphasizing that the economic data contradicts the portrayal of a strong economy by the media. Peter discusses the trade deficit, consumer confidence, and the implications of the Biden administration's policies. He also explores the effects of potential tariffs, tax cuts, and deficits on inflation and suggests that investor behavior towards gold mining stocks and Bitcoin signals broader economic trends. Peter expresses dissatisfaction with the Puerto Rican government's actions regarding his bank and hints at future revelations. This episode provides a detailed analysis of the interplay between politics and economics and serves as a call to think critically about the upcoming election and its impact on the economy.

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

Timesstamps:

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