Peter Schiff – YouTube, Released on 8/11/24

Peter returns to his Puerto Rico studio after an extended vacation. He discusses recent market volatility, including movements in stocks, Japan’s market crash, and cryptocurrency fluctuations. Peter critiques the Fed’s decision not to cut rates, arguing that delaying cuts only worsens economic pain. He predicts future rate cuts and quantitative easing, and shares insights on gold and mining stock investments. Additionally, Peter analyzes the political landscape, focusing on Kamala Harris’s VP pick, and criticizes new UK laws limiting free speech. Peter also advocates for tax reforms and spending cuts to address the deficits.

00:00 Introduction and Studio Update
01:08 Market Volatility and Fed’s Response
03:03 Global Market Reactions
07:39 Cryptocurrency Crash
08:49 Market Recovery and Predictions
18:29 Bank of Japan’s Influence
23:59 Gold and Silver Investment Opportunities
28:36 Political Landscape and Election Insights
31:13 Loyalty of Jewish Voters to the Democratic Party
32:47 Trump’s Tax Proposals: No Taxes on Tips
34:54 Debate on Minimum Wage and Tips
37:00 Social Security Taxation Issues
43:01 UK’s Crackdown on Free Speech
45:35 The Importance of Free Speech
50:53 Government Corruption and Free Speech
58:16 Conclusion and Final Thoughts

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He’s also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.

  bitcon, Cryptocurrency Crash, free speech, gold, investing, japan, market crash, silver