Powell Fiddles While Inflation Burns - 1009

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 Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com
* Check out GhostBed: https://ghostbed.com/PETER
* Check out Quince: https://quince.com/GOLD
* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com


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