🔴 Gold Soars as The Fed Readies Rate Cuts - Ep 979

Peter Schiff - 2024-09-13

Market Analysis, Gold Surge, and Personal Announcement Peter Schiff discusses the stock markets' performance on Friday the 13th, noting that while major indexes ended on a positive note, the only asset to hit a new all-time high was gold. He interrupts the usual podcast to announce his wife Lauren's new music duo, 'The Laughing Cats,' and their debut album, 'Funny Money,' highlighting the first single 'G.Y.B.' now available on Spotify. Peter then resumes, detailing gold's significant rise to new record highs and contrasting it with the stock market's performance in terms of gold pricing. He also critiques the U.S. budget deficit, discusses potential economic impacts of the Federal Reserve's anticipated rate cut, and assesses the presidential debates, focusing on issues of tariffs and tax cuts. Peter emphasizes the investment potential of gold and gold stocks amidst the current economic landscape. Sign up for a $1/month trial period at shopify.com/gold ? New single from Laughing Cats out today: open.spotify.com/artist/2f3z6IPGfomCl9FsJeyb8d?si=9morm92NRdikGW3hbt0iPA ? Sign up for Peter's most valuable insights at schiffsovereign.com ? Free Reports & Market Updates: europac.com ? Schiff Gold News: schiffgold.com/news ? Book Store: schiffradio.com/books ? Follow Peter Schiff on Twitter: twitter.com/peterschiff ? Follow Peter Schiff on Instagram: instagram.com/peterschiff ? Follow Peter Schiff on TikTok: tiktok.com/@peterschiffofficial ? Follow Peter Schiff on Facebook: facebook.com/peterschiff 00:25 Stock Market and Gold Performance 00:46 Announcement: The Laughing Cats' New Album 04:48 Gold's Record Highs and Market Analysis 17:25 Bitcoin and Oil Market Insights 22:46 Inflation and Federal Reserve Rate Cuts 26:22 CPI and PPI Data Analysis 32:56 Wall Street's Call for Rate Cuts 33:27 Record-Breaking Budget Deficit 36:07 Economic Weakness and Job Statistics 37:26 Presidential Debate Analysis 43:32 Tax Cut Promises and Economic Realities 48:23 Tariffs and Their Impact 54:43 The Illusion of Tax Cuts 01:00:20 Conclusion and Investment Advice #goldprice #investmenttips #stockmarketanalysis