4.7 β’ 5.8K Ratings
ποΈ 12 August 2024
β±οΈ 61 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
Peter returns to his Puerto Rico studio after an extended vacation. He discusses recent market volatility, including movements in stocks, Japanβs 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
βοΈ NetSuite is offering a one-of-a-kind flexible financing program. https://netsuite.com/gold
π¨ Sign up for Peter's most valuable insights at https://schiffsovereign.com
π Invest like Peter: https://schiffradio.com/invest
π Free Reports & Market Updates: https://www.europac.com
π‘ Schiff Gold News: https://www.schiffgold.com/news
π Book Store: https://schiffradio.com/books
π Follow Peter Schiff on Twitter: https://twitter.com/peterschiff
π Follow Peter Schiff on Instagram: https://instagram.com/peterschiff
π Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial
π Follow Peter Schiff on Facebook: https://facebook.com/peterschiff
Click on a timestamp to play from that location
0:00.0 | The Peter Shipp Show. |
0:09.0 | Today's podcast is sponsored by Net Suite, the easy touse cloud-based business management software for every aspect of your business. |
0:16.5 | By popular demand, NetSuite has extended its one-of-a-kind flexible finance program for a few more weeks. |
0:22.5 | Head to NetSuite.com slash gold. |
0:25.0 | Well, it's good to be back in the Puerto Rico studio. |
0:30.0 | I flew back down from Connecticut earlier today back from my extended summer vacation. |
0:36.9 | You know, I got two young kids here that start school in the morning. |
0:41.9 | So it's a brand new school year here in Puerto Rico |
0:44.9 | and I'm in the studio. |
0:47.6 | And we're going to be doing some more work on the studio. |
0:50.9 | As a matter of fact, I just noticed we got this new podcast desk that's sitting in the garage here in Puerto Rico so |
0:56.6 | soon as we have a chance to set that up we'll be you know having a nicer newer |
1:02.4 | studio hopefully we can also get rid of some of the bugs in the in the |
1:07.7 | equipment here but anyway so there's been a lot of action in the markets since my last podcast. I mean a lot of movement we |
1:17.6 | actually didn't change very much from where we were but there was a lot of volatility between last Friday and the |
1:28.0 | Friday has passed that that week and if you recall I title my Friday podcast, |
1:35.0 | Will the Fed have an emergency rate cut |
1:39.0 | to avert a crash. |
1:44.7 | And the reason I thought that there may be an emergency cut |
1:49.6 | or calls for an emergency cut was because I saw the buildings, the makings of a market |
1:56.9 | crash. I saw the way the stock market reacted to the Friday jobs report which was a weak jobs number but instead |
2:07.5 | of the market rallying on bad news is good news. The market sold off because to me what that was saying to the |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Peter Schiff, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Peter Schiff and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright Β© Tapesearch 2025.