The US Already Lost the Trade War - Ep 1021
The Peter Schiff Show Podcast - Un p贸dcast de Peter Schiff
Categor铆as:
Peter Schiff dives into the wild financial markets, tariff drama, trade deficits, and golden opportunities.Download the CFO鈥檚 Guide to AI and Machine Learning at https://netsuite.com/goldPeter Schiff discusses the recent turmoil in the financial markets, attributing it to the imposition of tariffs by the Trump administration. Schiff criticizes the tariffs, asserting that they hurt the U.S. economy, caused the dollar and bond markets to crash, and ultimately led to significant market volatility. He contends that Trump's tariffs were a misguided attempt to reduce trade deficits and that they contradicted basic economic principles. Schiff outlines how foreign investors fleeing U.S. assets and central banks favoring gold over dollars indicate a shift away from U.S. economic dominance. He emphasizes the importance of investing in gold mining stocks, anticipating substantial growth as the economic crisis unfolds.馃煥聽Sign up for Peter's most valuable insights at https://schiffsovereign.com馃敂聽Free Reports & Market Updates: https://www.europac.com馃摌聽Book Store: https://schiffradio.com/books馃憠聽Follow Peter Schiff on Twitter: https://twitter.com/peterschiff馃憠聽Follow Peter Schiff on Instagram: https://instagram.com/peterschiff馃憠聽Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial馃憠聽Follow Peter Schiff on Facebook: https://facebook.com/peterschiffChapters:00:00 Introduction and Opening Remarks02:38 Market Recap: A Wild Week05:43 Tariffs and Trade Wars08:51 Trump's Negotiation Tactics14:58 Impact on the US Economy18:42 Global Reactions and Consequences26:53 Currency and Market Movements35:41 Economic Consequences of Tariffs36:38 Impact on American Companies38:11 Global Financial Crisis Predictions42:40 Gold and Bitcoin Market Analysis45:30 Investment Strategies in Gold Stocks51:34 The Future of the US Dollar and Global Economy01:03:04 Final Thoughts and Investment Advice#finance #investing #goldOur Sponsors:* Check out DeleteMe: https://deleteme.com/GOLD* Check out Fast Growing Trees: https://fastgrowingtrees.com/gold* Check out NPR: https://npr.org* Check out Vanta and use my code SCHIFF for a great deal: https://www.vanta.comPrivacy & Opt-Out: https://redcircle.com/privacy
