Government Stimulus Is Inflation in Disguise - Ep 981
Manage episode 442376779 series 3422774
Gold reaches record highs, silver follows. Market reactions, inflation concerns, Fed's policies, and economic predictions
Get an extra 3 months free. https://expressvpn.com/gold
Get $20 credit by being one of the first 500 traders. https://kalshi.com/gold
Peter discusses the new all-time records set by gold and silver, highlights the puzzling behavior of gold mining stocks, and criticizes the mainstream financial media's understanding of inflation and Federal Reserve policies. He elaborates on the significant data from the Fed's favorite inflation measure, the core PCE, revealing how it misrepresents the true state of inflation. Peter also explains why the Fed's strategy is misguided and suggests that persistent inflation will lead to an eventual return to QE. He ties in how geopolitical moves, like China's recent stimulus announcement, and domestic factors, including Saudi Arabia's oil production strategy, influence market dynamics. Furthermore, Peter argues for the importance of investing in gold and silver as he predicts a substantial increase in their value due to ongoing economic missteps by the Fed.
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
Privacy & Opt-Out: https://redcircle.com/privacy
1029 episoade