Investors and Gamblers Are Betting on Trump - Ep 984

Stock and Bitcoin trends, Fed's influence on metal prices, policy impacts on economy, and tariff effects on manufacturing.For 20% off your Momentous order, head to https://livemomentous.com and use code GOLD.Get $20 credit by being one of the first 500 traders. https://kalshi.com/goldPeter provides a comprehensive analysis of the current economic and political landscape. Beginning with the record highs in the Dow Jones and the booming interest in Bitcoin, Peter attributes market optimism to Donald Trump's rising poll numbers and potential tax cuts. He critiques the Federal Reserve's rate cuts and their long-term implications on interest rates and the U.S. dollar. Peter dives into the disconnect between rising long-term interest rates and stable gold prices, and highlights the growing interest in Bitcoin among traders.He also scrutinizes Kamala Harris's faltering poll numbers and her economic proposals, arguing against government intervention in business funding and advocating for free-market solutions. Delving deeper, Peter discusses the negative impact of tariffs and the decline of American manufacturing, urging for deregulation and tax cuts. Concluding with a discussion on the hidden costs of tariffs, taxes, and government spending.Sign up for Peter's most valuable insights at https://schiffsovereign.comFree Reports & Market Updates: https://www.europac.comSchiff Gold News: https://www.schiffgold.com/newsBook Store: https://schiffradio.com/booksFollow Peter Schiff on Twitter: https://twitter.com/peterschiffFollow Peter Schiff on Instagram: https://instagram.com/peterschiffFollow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficialFollow Peter Schiff on Facebook: https://facebook.com/peterschiffTimestamps:00:00 Introduction and Orlando Money Show Announcement01:51 Market Trends and New Highs02:42 The Trump Trade and Bitcoin09:38 Gold and Silver Market Analysis17:48 Oil Prices and Political Influence20:46 African American Vote and Political Strategies33:31 The Flawed Business Model33:52 Unconstitutional Programs and Racial Criteria36:34 The Problem with Government Funding38:44 Occupational Licensing Laws42:34 Tariffs and Economic Misconceptions45:58 The Decline of American Manufacturing51:12 The Real Impact of Tariffs53:58 The History and Consequences of Taxation57:32 Conclusion and Final ThoughtsOur Sponsors:* Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.comPrivacy & Opt-Out: https://redcircle.com/privacy