Trial Balloon #1: Backpedaling on State and Local Tax Deductions All this talk about tax cuts is all a fraud, because government is getting more expensive and the taxpayers are going to be stuck paying the bill one way or another. They keep on launching these “trial balloons. I was reading over the weekend that […]
Tax Reform Trial Balloons Keep Popping – Ep. 296 Read More »
Mr. Schiff, I’m a 36 year old investor who stumbled upon you listening to the Joe Rogan podcast several weeks ago. I told myself I needed to subscribe to your podcast to learn more about you and your economic expertise. Let me say you have one if the most brilliant easy to understand podcasts out
Praise for Peter Schiff Read More »
We’re getting a tax cut! There is one thing now that that has the potential to cause a short-term decline of more than 3% in the stock market, and that would be: no tax cut. If the Republicans announce that they’re at a deadlock, and we’re not going to have any tax reform or tax
Republicans Won’t Even Consider Cutting Spending to Pay for Tax Cuts – Ep. 295 Read More »
Mr. Schiff, I am writing you today to express my gratitude for the time you take to put together the podcast series. I have been listening since October 2016 and I am continually impressed at just how accurate your predictions are on Trump and the market, as well as the depth of explanation put forth
By: Peter Schiff, President and CEO Euro Pacific Capital In light of the 30-year anniversary of the Black Monday Crash in 1987 (when the Dow lost more than 20% in “one day”, we should be reminded that investor anxiety usually increases when markets get to extremes. If stock prices fall steeply, people fret about money lost, and
Calm Before The Storm Read More »
Black Monday 1987 Today marks the 30th anniversary of the 1987 stock market crash. It’s hard to believe that it’s been 30 years. I still remember where I was when the crash happened and my reaction to it. It happened just after I had graduated from the University of California at Berkeley. By the time
30-Year Anniversary of the 1987 Stock Market Crash – Ep. 294 Read More »
Inflation Higher Than Expected Today we got the hotter than expected news on prices – on inflation. We got the import/export prices. Import prices were supposed to be up 0.5%, which in and of itself is a pretty big jump, but they were up 0.7. Export were also up; (we would want export prices to
U.S. Inflation Is Bullish for Gold and Bearish for the Dollar – Ep. 293 Read More »
Optimism Rules the Day Friday the 13th was not an unlucky day for the U.S. stock market; all three of the major stock market averages closing at all time record highs. Optimism is ruling the day. In fact, there was a consumer confidence number that came out today revealing confidence in the economy – the
Record Confidence in U.S. Stocks Means Trouble Ahead – Ep. 292 Read More »
Congress May Not Deliver Promised Economic Growth I think part of the renewed weakness in the dollar may be due to the feeling that all the tax cuts are not going to pass. The Trump/Republican plan outlined some days ago will be difficult to to get through Congress. Even if it does get through Congress
Middle Class Tax Hikes Put Trump Tax Cuts in Jeopardy – Ep. 291 Read More »
Hi Mr. Schiff, I’m supposed to be studying for an upcoming Board Exam for my medical specialty (I’m an ophthalmologist), but I cannot stop listening to your podcasts. They are very compelling and I find myself changing my mind with regards to my previous beliefs (minimum wage, health insurance policy, etc…). I am a small