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PPI doubled estimates at 1.4%, yields broke 5% on $39T debt, and CNBC says sell gold stocks — that's the best buy signal I've ever seen.This episode is sponsored by NetSuite. Download Netsuite's free business guide Demystifying AI at https://netsuite.com/goldThis episode is also sponsored by Outskill. Bonuses worth $5100+ if you join and attend. Grab your free seat to the 2-Day AI Mastermind: https://link.outskill.com/PETERSCHIFFAP4Kevin Warsh was confirmed as the new Fed Chair and immediately inherited a stagflation crisis: April PPI came in at 1.4% month-over-month — double the high end of estimates — pushing producer prices to 6% year-over-year. Core PPI tripled expectations at 1.0%, an annualized 12.5% rate. The CPI the day before showed 0.6% monthly with year-over-year inflation climbing to 3.8%. The 30-year Treasury yield broke above 5% for the first time in 19 years, with a bond auction requiring a 5% coupon — but unlike 2007 when the debt was $9 trillion, today it's $39 trillion.Peter Schiff argues real interest rates are crashing even as nominal rates rise, making the environment extremely bullish for gold and silver — with silver hitting $89 intraday and leading gold for the first time this cycle. He highlights CNBC analysts recommending viewers sell gold stocks as a perfect contrarian buy signal, dismantles Trump's proposed ban on corporations buying homes as socialist policy, defends Jeff Bezos against critics who blame him rather than consumers for disrupting small businesses, endorses Thomas Massie's congressional primary fight, and promotes his new 10-minute FOIA evidence video exposing the IRS conspiracy to destroy Euro Pacific Bank.Chapters:00:00 Cold Open Montage00:55 Show Begins Tech Issues01:27 New Fed Chair Firestorm03:26 CPI Breakdown April05:24 PPI Shock And Stagflation07:59 Trump Inflation And Politics09:43 Bond Yields Debt Trap13:20 Fed QE Dilemma15:39 Ad Break NetSuite AI17:01 Markets Misread Inflation18:38 Real Rates Gold Silver23:12 Metals Boom Copper Oil24:51 Tariffs Beef And Constitution29:09 Ad Break Outskill AI31:42 Stocks Ignore Inflation Bubble32:18 Bubble Mentality Critique33:10 CNBC Chart Pattern Trap34:30 Gold Stocks Contrarian Buy35:38 Mining Stocks vs AI Hype36:15 Trump Housing Ban Backlash37:46 Why Rentals Need Investors39:19 Backing Thomas Massie42:25 Trump Grip on GOP43:08 Trump China Summit Skepticism45:05 Defending Bezos and Amazon46:20 Consumers Drive Competition49:07 Living Wage Reality Check53:35 Rigged Playing Field Factors55:31 Puerto Rico Inventory Tax57:36 FOIA Bank Conspiracy Video59:05 Demanding Government Accountability01:00:35 Wrap Up and Next PlansFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #Inflation #GoldInvestingOur Sponsors:* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy
Trump wants to buy Spirit Airlines at bankruptcy with taxpayer money to "save jobs." That's not capitalism — that's Bernie Sanders with a red tie.- Today's podcasts is sponsored by Pebl. Go to http://hipebl.ai to get a free estimate.- Today's podcast is also sponsored by NetSuite. Download Netsuite's free business guide, Demystifying AI, at https://netsuite.com/goldJerome Powell's final press conference as Fed Chair featured a claim that inflation was "under control" for 40 years before the pandemic — a statement Peter Schiff demolishes decade by decade, showing average CPI of 5.5% in the 1980s, 3% in the 1990s, and 2.6% in the 2000s, with only the post-crisis 2010s anywhere near the 2% target.The Fed held rates at 3.5% while oil surged past $108 WTI and $120 Brent, bond yields pushed back toward post-Liberation Day highs with the 30-year hitting 5%, and four FOMC members dissented on the dovish bias. Powell announced he'll stay on the board to protect "Fed independence," but Schiff argues he'll be irrelevant. The episode also covers Trump's plan to buy Spirit Airlines at bankruptcy — proof he doesn't understand capitalism — Michael Saylor's Bitcoin conference keynote pushing Stretch preferred stock as a thinly veiled Ponzi, and explosive IRS FOIA documents proving the agency collaborated with Puerto Rico's SIF to shut down Euro Pacific Bank as a PR stunt, with every email focused on publicity strategy rather than any actual wrongdoing.Chapters:00:00 Cold Open Montage00:58 Fed Holds Rates02:47 Powell Stays On05:07 Fed Independence Debate06:17 Inflation Mandate Critique09:38 Reporters And Data11:04 Decades Of CPI Reality15:01 Ad Break Pebble16:43 Powell On His Record20:04 Inflation Fire Economy Weak21:59 Oil Yields And Markets27:18 Gold Silver And EPAM Pitch29:15 Ad Break NetSuite31:05 Trump Spirit Bailout34:10 Bitcoin Conference Reality Check37:21 Saylor Stretch Digital Credit39:44 Ponzi Claims And Warning42:57 Yield Over Bitcoin43:26 IRS FOIA Fight45:58 Explosive Email Evidence47:02 Debanking Timeline49:55 SIF Findings Breakdown57:42 PR Motive Revealed01:06:47 Press Conference Coordination01:16:43 Why This Matters01:20:08 Puerto Rico Potential01:25:12 Final Call To ActionFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #FederalReserve #InflationPrivacy & Opt-Out: https://redcircle.com/privacy
Trump threatened to destroy Iran's civilization by 8pm — instead he got a ceasefire that concedes nothing. The threats were always empty. • This episode is sponsored by Odoo. Sign up for free at https://www.odoo.com/r/izNK • Today's podcast is also sponsored by West Red Lake Gold Mines. Ticker WRLGFTrump's Tuesday deadline to destroy Iran's civilization came and went with a Pakistan-brokered ceasefire instead of the promised hellfire. Peter Schiff breaks down how the president's escalating threats — from bombing bridges and power plants to wiping out an entire civilization — collapsed into a two-week truce that concedes nothing from Iran's side.Markets swung wildly on the drama: the Dow dropped 400 points intraday before rallying nearly 1,000 points on ceasefire news, oil cratered 15.5% back to $95 after touching $115, and gold surged $60 despite the supposed "peace" — proving the market is trading the Fed, not the war. Schiff argues rate cuts are coming regardless of inflation, that oil will never return to $60, and that the dollar's reserve currency status is being actively dismantled as countries like France pull gold from U.S. custody. He also reveals the IRS is refusing to comply with a federal judge's FOIA ruling ordering release of documents from the Euro Pacific Bank investigation.Chapters:00:00 Show Intro00:55 Trump Deadline Drama05:33 Markets Call the Bluff08:32 Pakistan Ceasefire Rumors12:22 Trump Two Week Pause16:20 Iran Ceasefire Terms19:15 Iran Statement Readout22:19 Civilian Targeting Critique29:01 Dollar Power and Blowback32:05 Scaling Gold Production32:52 Gold Moves on Rate Cuts35:14 Oil Prices vs Real Inflation37:32 War Risk Premium Sticks40:53 Weak Data and CPI Ahead44:57 Polls Signal Economic Pain50:49 Ditch Dollars Buy Metals52:44 Mining Stocks Next Leg55:33 FOIA Win IRS Fights Back01:03:29 Transparency Battle Wrap UpFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #IranCeasefire #GoldInvestingOur Sponsors:* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out GhostBed: https://ghostbed.com/PETER* Check out Grammarly: https://grammarly.com* Check out Quince: https://quince.com/GOLD* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy
Wat zit er in De 7 vandaag?De Belgen hebben vorig jaar veel minder gewinkeld dan andere Europeanen. De hogere prijzen lijken consumenten hier meer af te schrikken, terwijl onze koopkracht wel beter beschermd is.Brussels Airlines zet zich schrap voor een lente vol stakingen. De recordcijfers van de luchtvaartmaatschappij worden overschaduwd door het sociaal conflict dat muurvast zit.En de fiscus heeft verborgen rekeningen ontdekt met zwart geld van Belgen in de Caraïben. Onze redactie heeft het spoor gevolgd naar de Euro Pacific Bank op Puerto Rico. Host: Bert RymenProductie: Lara DroessaertSee omnystudio.com/listener for privacy information.
Die Euro Pacific Bank, eine ehemals beliebte Offshore-Bank in Puerto Rico, befindet sich mittlerweile in Liquidation, nachdem übrigens vor rund 2 Jahren Ermittlungen eingeleitet wurden - wegen des Verdachtes der Förderung der Geldwäsche und des Steuerbetrugs. Stehen jetzt auch frühere deutsche Kunden der Bank im Visier? Steuerexperten Sebastian Sauerborn weiß mehr dazu und wir sprechen darüber, ob da was auf Kunden zukommen könnte oder nicht und was Betroffene tun könnten, um persönlichen Schaden zu vermeiden. Und wer kein Kunde der Euro Pacific Bank, aber auf der Suche nach einer Offshore Bank ist, um dem Informationsaustausch mit deutschen Behörden aus dem Weg zu gehen? Sebastian erklärt, warum man das lieber sein lassen sollte und wie man legale Wege zum Steuern sparen findet.
This Week in the Americas Episode 19. Hrvoje and I do an update on last week's news in the Americas. Recorded 8/10/2022 on TNT Radio. Tune in every Wednesday at 6 pm CST to listen live. Show notes: 3:40 Arrest of Jalisco cartel plaza chief triggers fiery backlash in 2 states 9:35 ¡Surge la tortilla pirata! ¿Qué es y cómo identificarla? 10:45 “Nos vamos a volver vegetarianos por necesidad” Mexicanos optan por vegetales ante Altos Precios de la Carne. Officially an overall increase in 8%. 12:18 México y Brasil brillan entre los mercados bursátiles del mundo 16:05 Beach destinations see summer tourist numbers exceed those of 2019 18:45 Colombia to let citizens use digital ID for contactless cross-border travel in South America 19:57 Colombia Enlists Ripple Labs to Put Land Deeds on Blockchain 20:40 Mercado Libre to Expand Crypto Trading Across Latin America 27:45 Official Statement From Peter Schiff in Response to the OCIF Settlement on Euro Pacific Bank 36:22 Mexico: Inflation hits 21-year high ahead of rate decision
This Week in the America's Episode 14. Hrvoje and I do an update on last week's news in the Americas. Recorded 7/5/2022 on TNT Radio. Tune in every Tuesday at 6 pm CST to listen live. Show notes: 2:00 - Regulator in Puerto Rico suspends operations of Euro Pacific Bank. 13:37 - López Obrador to campaign to ‘tear down the Statue of Liberty' if the US convicts Julian Assange 15:45 - Mexico Leader To End Daylight Saving, Keep “God's Clock” 17:38 - Senior Catholic Church leader says government should not shirk its responsibility to provide security. 21:05 - 3 Texas counties to declare border emergency over ‘unprecedented' crisis. 21:55 - Even the Globalist United Nations Believes that the US's Southern Border with Mexico is the Most Dangerous Land Crossing in the World. 25:25 - AMLO opens new refinery but production could be more than a year off. 28:28 - 5G development in Latin America 32:42 - Guadalajara's smart city plan 38:00 - Parents in Hidalgo demand to eliminate virtual classes. 41:45 - Aeromar adds new flights between Puerto Vallarta, Guadalajara
Las noticias para hoy: ante inacción en la legislatura, la Junta de Supervisión Fiscal aprueba su propia versión del presupuesto para el próximo año fiscal. Además, la OCIF emitió una orden de cese y desista contra Euro Pacific Bank por supuestas violaciones a la Ley del Centro Financiero Regional. Y discutimos cómo la onda tropical que se espera para el fin de semana podría impactar a la isla. Obtén tres meses gratis de suscripción a El Nuevo Día. Visita: elnuevodia.pr/endiario.
The printing of trillions of dollars seems to be the new normal. But is it? And does it have to be paid back, and if so, how and by whom? And if it can't be repaid, then what?These are some of the questions nobody really wants to answer, except one guy, who's been asking this question for over a decade when quantitative easing became the way to avoid recessions.Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast. He is the Chief Economist & Global Strategist of Euro Pacific Capital, Chairman of SchiffGold, and Founder of Euro Pacific Asset Management and Euro Pacific Bank. And he's here with us in this episode.If you'd like to hear more about Kathy's thoughts on the housing market and where it's heading in 2021, watch her recent webinar at: www.realwealthshow.com/2021Click here to join the network for freeLink: https://europacificfunds.com/
The printing of trillions of dollars seems to be the new normal. But is it? And does it have to be paid back, and if so, how and by whom? And if it can't be repaid, then what?These are some of the questions nobody really wants to answer, except one guy, who's been asking this question for over a decade when quantitative easing became the way to avoid recessions.Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast. He is the Chief Economist & Global Strategist of Euro Pacific Capital, Chairman of SchiffGold, and Founder of Euro Pacific Asset Management and Euro Pacific Bank. And he's here with us in this episode.If you'd like to hear more about Kathy's thoughts on the housing market and where it's heading in 2021, watch her recent webinar at: www.realwealthshow.com/2021Click here to join the network for freeLink: https://europacificfunds.com/
John Stossel- 5 Socialism Myths, Thomas Sowell, Peter Schiff- Everything is Going to Get Wiped Out. EVERYTHING John Stossel 5 Socialism Myths Thomas Sowell vs The Left Teachers Unions vs Students Covid Hypocrites Peter Schiff. Everything Is Going To Get Wiped Out. EVERYTHING. https://youtu.be/RVBPgvY3TbU 5 Socialism Myths: Part 1 John Stossel Socialism is now as popular as capitalism among young people. That's because they are being told nonsense. So in this video (and the next) we'll debunk socialism myths. ---- Don't miss the weekly video from Stossel TV. Sign up here: https://johnstossel.activehosted.com/f/1 ---- After the fall of the Soviet Union, I thought everybody would realize that socialism brings misery. But no, “intellectuals” like Professor Noam Chomsky convinced many that it was capitalism that was “a grotesque catastrophe,” and “The Soviet Union … was about as remote from socialism as you could imagine.” But that's ridiculous. Economist Benjamin Powell explains that when the Soviets made private business illegal, “that's about as close as the world ever saw to the purest socialist end of the spectrum.” That's “Myth 1”. Whenever socialism fails people always say, “but that wasn't ‘real' socialism.” In this video (and our next) we debunk 5 ridiculous myths about socialism. https://youtu.be/bGURPuoXgW4 5 Socialism Myths: Part 2 John Stossel Many young people love socialism. They don't like capitalism. They don't notice what capitalism give them. They protest in Nikes, and tweet about it from their iPhones. In this video, I continue where I left off in my last video, and debunk more myths about socialism. The first 2 socialist myths are here: https://youtu.be/RVBPgvY3TbU ---- Don't miss the weekly video from Stossel TV. Sign up here: https://johnstossel.activehosted.com/f/1 ---- Myth #3: Socialism brings good things if it's DEMOCRATIC socialism. “Democratic socialists believe both the government and the economy should be run by the people by way of the ballot box,” says Van Jones approvingly on CNN. By the ballot box—that's how Venezuelan dictator Hugo Chavez took power. “They can start off democratically elected [but] once they centralize control over the economy, it becomes impossible to democratically unelect them,” explains economist Benjamin Powell. “Now democracy in Venezuela is a sham.” Socialism ALWAYS ends up authoritarian. We explain why in the video above. https://youtu.be/e5jr50rrkkA Thomas Sowell vs The Left John Stossel After last summer's BLM protests, “experts” declared what America must do for black people: “reparations!", "abolish policing!", “socialism!” These are AWFUL ideas that will hurt blacks, says economist Thomas Sowell. ---- Don't miss the weekly video from Stossel TV. Sign up here: https://johnstossel.activehosted.com/f/1 —— Sowell is brilliant and courageous. An upcoming Free To Choose film about him, "Thomas Sowell: Common Sense in a Senseless World,” highlights Sowell's incredible life story, and his reasons for opposing big-government policies. Sowell grew up as an orphan in NYC, where he educated himself by reading. He became a Marxist. But that changed when he worked in government and studied economics. "I was a summer intern at the U.S. Department of Labor," he explains. "One of my biggest concerns was about minimum wages. At first, I thought 'well this is good because all these people are poor, and they'll get a little higher income.'" “Then as I studied economics, I began to see, well, there's a downside-- they may lose their jobs," he adds. The Department of Labor didn't appreciate that point of view. Ending the minimum wage would take away their power. "I realized the U.S. Department of Labor had its own agenda and interests," he says. Now, at age 90, he still educates about free markets & race-blind policies. He says today's complaints about America's “systemic racism” are “propaganda". "If you go back into the ‘20s, you find that married-couple families were much more prevalent among blacks then ... As late as 1930, blacks have lower unemployment rates than whites," he points out. More of his excellent points are in the video above. https://youtu.be/Ns3BaXu2kkU Teachers Unions vs Students John Stossel In the last year, teachers unions showed their true colors, as they placed their own interests ahead of both science and students. ---- Don't miss the weekly video from Stossel TV. Sign up here: https://johnstossel.activehosted.com/f/1 ---- Teachers unions claim Covid makes schools too dangerous for teachers. That may be true for elderly teachers, but overall, reopening schools is safe. "If we look around the world, 191 countries, there is no consistent link between reopening schools and increased rates of Covid transmission," Heritage Education researcher Lindsey Burke points out. Schools are rarely Covid hotspots. "But it's logical that they would be,” I push back. “The kids are bunched together!" Burke responds: positivity rates in schools are generally below those in the broader community." Studies on tens of thousands of people in the United States do find that closing schools made no difference as far as Covid. Closed schools hurt students, especially poorer kids, because they can't afford the alternatives available to the privileged. California closed government-run schools, while governor Gavin Newsom sent his kids to a private school that's open. Why do unions support closures that hurt students, and won't make people safer? It's about money and power. In Oregon, the state teachers union even blocked students from transferring to virtual charters -- schools that pose no Covid risk. We asked the Oregon Education Association -- and twenty other unions -- to respond to these criticisms. None would. The unions are winning. Nice for them, but it's a big loss for students, parents, and taxpayers. https://youtu.be/VCisCyS4btg Covid Hypocrites John Stossel Hypocrites! President Biden, Governor Newsom, Mayor DeBlasio, Governor Tate Reeves. In this video, I show how they cheat on their own Covid rules. ---- Don't miss the weekly video from Stossel TV. Sign up here: https://johnstossel.activehosted.com/f/1 ---- Just hours after signing an Executive Order requiring masks on federal property, President Joe Biden broke his new rule. California governor Gavin Newsom went to a “friend's" birthday party at a restaurant serving $800 plates. His friend turns out to be a big time lobbyist. My mayor, Bill DeBlasio, danced in Times Square. Normal people had to stay home. Republican governor Tate Reeves, of Mississippi, hosted three Christmas parties that broke his state's guidance. When confronted, he said his party hosting "allows us to really send a message to the people of Mississippi that you can return to a life that is somewhat normal." But it seems that life can return to normal only if you're a politician. Those four cases are just a sample of politicians' hypocrisy. The video above includes more. Peter Schiff. Everything Is Going To Get Wiped Out. EVERYTHING. https://youtu.be/SwhmjOkuebY CFN - Compact Financial News DAILY ▶︎ Subscribe NOW to the channel, click here: http://bit.ly/CompactFinancialNews-su... Peter David Schiff (born March 23, 1963) is an American stock broker, financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut. He is also involved in various roles in other financial services companies, including Euro Pacific Asset Management, an independent investment advisor, Schiff Gold (formerly Euro Pacific Precious Metals), a precious metals dealer, and Euro Pacific Bank, a full-reserve bank. https://en.wikipedia.org/wiki/Peter_S... ____________________ Video content: Peter Schiff, Restart, reset, the big reset, banks USA, savings banks USA, economy USA, finance USA, money USA, capital USA, stocks USA, stock exchange USA, real estate USA, politics USA, media USA, gold, gold coins, silver, precious metals, bitcoin , Cryptocurrency, currency crisis, currency reform, financial community, financial policy, financial market, banks, financial crash, euro crash, bank crash, investment, euro crisis, economic crisis, bankruptcy, bankruptcy, inflation, credit, insolvency, profit, system change, reset, crash, finance, finance, money , Trade, goods market, means of payment, securities, cash, bank balances, claims, debt capital, interest, liabilities, purchasing power, central banks, ECB, precious metals, expropriation, system change, stock market trend, success channel, company, state, Bill Gates, Jeff Bezos, Elon Musk, Warren Buffett, Bernard Arnault, Mark Zuckerberg, Larry Ellison, Larry Page, finance, crash, cash, microstrategy, Michael Saylor, gold, central banks, currency, economy, government, politics, stocks, assets, real estate, money, future, inflation , Recession, Technology, Asset Advisor, Finance, Crash, Cash, Microstrategy, Bitcoin, BTC, cryptocurrency, gold, central banks, currency, economy, government, politics, money print, assets, stocks, ethereum, fortune, investment, PayPal, stock market, real estate, money, future, inflation, recession, technology ____________________ #peterschiff #2021 #totalslump #expropriation #impoverishment #powerquake #restart #reset #financecommunity #stockexchange #corona #inflation #preciousmetals #finance #financepolitic #banks #financecrash #warrenbuffett #billgates #jeffbezos #elonmusk #markzuckerberg #gold #economy #money #economiccrisis #broke #credit #inflation #purchasingpower #systemchange #crisis #crash #trump #marketing #affiliate #affiliatemarketing #contentmarketing #insolvency #profit #bitcoin #Cryptocurrency #silver #politics #media #successchannel #stockmarket #stocks
John Stossel- 5 Socialism Myths, Thomas Sowell, Peter Schiff- Everything is Going to Get Wiped Out. EVERYTHINGJohn Stossel5 Socialism Myths Thomas Sowell vs The LeftTeachers Unions vs StudentsCovid HypocritesPeter Schiff. Everything Is Going To Get Wiped Out. EVERYTHING. https://youtu.be/RVBPgvY3TbU 5 Socialism Myths: Part 1John StosselSocialism is now as popular as capitalism among young people. That’s because they are being told nonsense. So in this video (and the next) we’ll debunk socialism myths. ---- Don't miss the weekly video from Stossel TV. Sign up here: https://johnstossel.activehosted.com/f/1 ---- After the fall of the Soviet Union, I thought everybody would realize that socialism brings misery. But no, “intellectuals” like Professor Noam Chomsky convinced many that it was capitalism that was “a grotesque catastrophe,” and “The Soviet Union … was about as remote from socialism as you could imagine.” But that’s ridiculous. Economist Benjamin Powell explains that when the Soviets made private business illegal, “that’s about as close as the world ever saw to the purest socialist end of the spectrum.” That’s “Myth 1”. Whenever socialism fails people always say, “but that wasn’t ‘real’ socialism.” In this video (and our next) we debunk 5 ridiculous myths about socialism. https://youtu.be/bGURPuoXgW45 Socialism Myths: Part 2John StosselMany young people love socialism. They don’t like capitalism. They don’t notice what capitalism give them. They protest in Nikes, and tweet about it from their iPhones. In this video, I continue where I left off in my last video, and debunk more myths about socialism. The first 2 socialist myths are here: https://youtu.be/RVBPgvY3TbU ---- Don't miss the weekly video from Stossel TV. Sign up here: https://johnstossel.activehosted.com/f/1 ---- Myth #3: Socialism brings good things if it’s DEMOCRATIC socialism. “Democratic socialists believe both the government and the economy should be run by the people by way of the ballot box,” says Van Jones approvingly on CNN. By the ballot box—that’s how Venezuelan dictator Hugo Chavez took power. “They can start off democratically elected [but] once they centralize control over the economy, it becomes impossible to democratically unelect them,” explains economist Benjamin Powell. “Now democracy in Venezuela is a sham.” Socialism ALWAYS ends up authoritarian. We explain why in the video above. https://youtu.be/e5jr50rrkkA Thomas Sowell vs The LeftJohn StosselAfter last summer’s BLM protests, “experts” declared what America must do for black people: “reparations!", "abolish policing!", “socialism!” These are AWFUL ideas that will hurt blacks, says economist Thomas Sowell. ---- Don't miss the weekly video from Stossel TV. Sign up here: https://johnstossel.activehosted.com/f/1 —— Sowell is brilliant and courageous. An upcoming Free To Choose film about him, "Thomas Sowell: Common Sense in a Senseless World,” highlights Sowell's incredible life story, and his reasons for opposing big-government policies. Sowell grew up as an orphan in NYC, where he educated himself by reading. He became a Marxist. But that changed when he worked in government and studied economics. "I was a summer intern at the U.S. Department of Labor," he explains. "One of my biggest concerns was about minimum wages. At first, I thought 'well this is good because all these people are poor, and they’ll get a little higher income.'" “Then as I studied economics, I began to see, well, there’s a downside-- they may lose their jobs," he adds. The Department of Labor didn't appreciate that point of view. Ending the minimum wage would take away their power. "I realized the U.S. Department of Labor had its own agenda and interests," he says. Now, at age 90, he still educates about free markets & race-blind policies. He says today’s complaints about America's “systemic racism” are “propaganda". "If you go back into the ‘20s, you find that married-couple families were much more prevalent among blacks then ... As late as 1930, blacks have lower unemployment rates than whites," he points out. More of his excellent points are in the video above. https://youtu.be/Ns3BaXu2kkU Teachers Unions vs StudentsJohn StosselIn the last year, teachers unions showed their true colors, as they placed their own interests ahead of both science and students. ---- Don't miss the weekly video from Stossel TV. Sign up here: https://johnstossel.activehosted.com/f/1 ---- Teachers unions claim Covid makes schools too dangerous for teachers. That may be true for elderly teachers, but overall, reopening schools is safe. "If we look around the world, 191 countries, there is no consistent link between reopening schools and increased rates of Covid transmission," Heritage Education researcher Lindsey Burke points out. Schools are rarely Covid hotspots. "But it's logical that they would be,” I push back. “The kids are bunched together!" Burke responds: positivity rates in schools are generally below those in the broader community." Studies on tens of thousands of people in the United States do find that closing schools made no difference as far as Covid. Closed schools hurt students, especially poorer kids, because they can’t afford the alternatives available to the privileged. California closed government-run schools, while governor Gavin Newsom sent his kids to a private school that’s open. Why do unions support closures that hurt students, and won't make people safer? It's about money and power. In Oregon, the state teachers union even blocked students from transferring to virtual charters -- schools that pose no Covid risk. We asked the Oregon Education Association -- and twenty other unions -- to respond to these criticisms. None would. The unions are winning. Nice for them, but it’s a big loss for students, parents, and taxpayers. https://youtu.be/VCisCyS4btg Covid HypocritesJohn StosselHypocrites! President Biden, Governor Newsom, Mayor DeBlasio, Governor Tate Reeves. In this video, I show how they cheat on their own Covid rules. ---- Don't miss the weekly video from Stossel TV. Sign up here: https://johnstossel.activehosted.com/f/1 ---- Just hours after signing an Executive Order requiring masks on federal property, President Joe Biden broke his new rule. California governor Gavin Newsom went to a “friend's" birthday party at a restaurant serving $800 plates. His friend turns out to be a big time lobbyist. My mayor, Bill DeBlasio, danced in Times Square. Normal people had to stay home. Republican governor Tate Reeves, of Mississippi, hosted three Christmas parties that broke his state's guidance. When confronted, he said his party hosting "allows us to really send a message to the people of Mississippi that you can return to a life that is somewhat normal." But it seems that life can return to normal only if you’re a politician. Those four cases are just a sample of politicians’ hypocrisy. The video above includes more. Peter Schiff. Everything Is Going To Get Wiped Out. EVERYTHING.https://youtu.be/SwhmjOkuebY CFN - Compact Financial News DAILY▶︎ Subscribe NOW to the channel, click here: http://bit.ly/CompactFinancialNews-su... Peter David Schiff (born March 23, 1963) is an American stock broker, financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut. He is also involved in various roles in other financial services companies, including Euro Pacific Asset Management, an independent investment advisor, Schiff Gold (formerly Euro Pacific Precious Metals), a precious metals dealer, and Euro Pacific Bank, a full-reserve bank. https://en.wikipedia.org/wiki/Peter_S... ____________________ Video content: Peter Schiff, Restart, reset, the big reset, banks USA, savings banks USA, economy USA, finance USA, money USA, capital USA, stocks USA, stock exchange USA, real estate USA, politics USA, media USA, gold, gold coins, silver, precious metals, bitcoin , Cryptocurrency, currency crisis, currency reform, financial community, financial policy, financial market, banks, financial crash, euro crash, bank crash, investment, euro crisis, economic crisis, bankruptcy, bankruptcy, inflation, credit, insolvency, profit, system change, reset, crash, finance, finance, money , Trade, goods market, means of payment, securities, cash, bank balances, claims, debt capital, interest, liabilities, purchasing power, central banks, ECB, precious metals, expropriation, system change, stock market trend, success channel, company, state, Bill Gates, Jeff Bezos, Elon Musk, Warren Buffett, Bernard Arnault, Mark Zuckerberg, Larry Ellison, Larry Page, finance, crash, cash, microstrategy, Michael Saylor, gold, central banks, currency, economy, government, politics, stocks, assets, real estate, money, future, inflation , Recession, Technology, Asset Advisor, Finance, Crash, Cash, Microstrategy, Bitcoin, BTC, cryptocurrency, gold, central banks, currency, economy, government, politics, money print, assets, stocks, ethereum, fortune, investment, PayPal, stock market, real estate, money, future, inflation, recession, technology ____________________ #peterschiff #2021 #totalslump #expropriation #impoverishment #powerquake #restart #reset #financecommunity #stockexchange #corona #inflation #preciousmetals #finance #financepolitic #banks #financecrash #warrenbuffett #billgates #jeffbezos #elonmusk #markzuckerberg #gold #economy #money #economiccrisis #broke #credit #inflation #purchasingpower #systemchange #crisis #crash #trump #marketing #affiliate #affiliatemarketing #contentmarketing #insolvency #profit #bitcoin #Cryptocurrency #silver #politics #media #successchannel #stockmarket #stocks
Ashe Oro, Liberty Entrepreneur and founder of Liberty VAs What is Liberty, Blockchains and Anarchy 3.0? Well, you're going to find out in this episode! Ashe Oro has been around the Blockchain space for many years and has even hosted a podcast called Liberty Entrepreneurs, helping his audience learn the virtues of freedom, entrepreneurship and sovereign money. He began as a Computer Engineering student and eventually morphed into the Head of Business Development for Euro Pacific Bank. In 2013, Ashe discovered how Cryptocurrencies and Blockchain tech can protect personal freedom due to its decentralized nature and ability to facilitate a free market of non-fiat digital currencies. In the Blockchain community, Ashe is: Building SteemSmarter, an analytics and reporting platform for the Steem blockchain. Advising Chintai, a decentralised leasing platform on EOS blockchain. Advising SelfKey.org, a decentralised identification network on Ethereum blockchain. "I help people build freedom. Everything else is details." ~Ashe Oro On this episode of LAB Radio, Aaron Mangal dives in into more than just the "Blockchain" but rather uncovers the philosophical side of Cryptocurrencies including Anarchy and the experiences that shaped his views. During this episode, you will learn: How Ashe first discovered the Blockchain and what got him excited about it His political and economic philosophy His impressions of the scene and how its shifted over the years What Liberty Entrepreneurs is and how it began What Anarchy 3.0 is (and how it differs from 2.0 and 1.0) Why inflation is not the enemy How to break-up with your bank How content creators can earn Crypto What excites and scares him the most about Crypto For show notes and more please visit: https://coinstructive.com/ep64-ashe
Focusing on Emerging Markets I'm going to spend most of today's podcast talking about what is going on in the emerging markets, in the currency market and in the stock markets; what the speculators are doing, why they are doing it and why I think they are wrong and why I think it creates an excellent opportunity for investors to fade this trade and prepare for the ultimate reversal of these moves. Freedom Fest in Las Vegas But before I get into that, I want to talk about a few other topics of interest that happened after my last podcast. I also want to talk about Freedom Fest in July. I am going to Freedom Fest again, as I do every year in July. Not the greatest time of the year in Las Vegas - not that there's really a bad time to be in Las Vegas, you're going to have fun in Las Vegas whenever you go - but it is quite hot in July. Of course I spend almost all my time indoors, so the heat really does not affect me. And when I do go out, it is at night, and it is not so hot. The event is July 12-14 and if you have not already registered you can do it now. It will be at the Paris Hotel & Casino; I will be there with my entire family - my wife and 3 kids. We'll be at our booth, you can come by and have a chance to meet my wife and kids and say hello. Presentation on Tax Incentives of Working and Moving to Puerto Rico I am going to be participating in several events; I am going to be doing a talk on Puerto Rico and the tax incentives of working from and moving to Puerto Rico. Most of you should know by now, I am Puerto Rican. Puerto Rico is my main residence; I summer in Connecticut, but I am a resident of Puerto Rico. Euro Pacific Asset Management and Euro Pacific Bank are both based in Puerto Rico. Bitcoin Debate Moderated by Naomi Brockwell Also I am going to be doing a Bitcoin debate against Jeffrey Tucker and Gary Smith - is it real, or is it Tulipmania? All of you realize what side I am on. The debate will be moderated by Naomi Brockwell, who is known as "The Bitcoin Girl" in fact she appeared on my old radio show, the Peter Schiff Show, and I sure wish I'd listened to her and bought a bunch of bitcoin - obviously I would have a lot more money today.
Summary: The retail sector is in worse shape today than it was in 2008 during and immediately following the financial crisis. Retailing has been responsible for 10% of the jobs gained during this so-called recovery. Clearly part of the problem is the increase in minimum wage. Why are retailers adding so many jobs when their business is declining? A quick little announcement at the beginning of this podcast; I'm going to try to keep the length of these podcasts down to 20 minutes in the future It seems we have quite a bit of audience falloff after about 17 minutes We're also skipping our ads at the end in favor of more informative content about Euro Pacific Capital, SchiffGold, Goldmoney and Euro Pacific Bank. So I am going to do these shorter podcasts more frequently First of all, it's the RetailPocalypse, which I have been talking about on this podcast that, from my perspective - not just my perspective, In reality, the retail sector is in worse shape today than it was in 2008 during and immediately foll0wing the financial crisis We got a lot of bad news from the retailers this week Including JCPenny and Nordstrom's - horrible sales from these companies We had other retailers earlier in the week that came out with bad news Kohl's Department Store, Dillards Kohl's stock is at 36.5 as I record this That stock's high was $75-$80 in the summer of 2015 So it's down 60% or so Dillard's is at a 52-week low today, at just under $47 That was over $120 - more than a 50% decline Macy's was down another 3% today - a new 52-week low Macy's is at $23.60 -it was a $70 stock These are huge markdowns for retail stocks Look at Nordstrom's - down almost 11% today on the bad news $41.20 - Nordstrom's was an $80 stock is one of the best performers JCPenny is going to get the prize for the biggest decline overall This stock's been falling for a long time It closed today at $4.55 A lot of people are very complacent - they say, "Oh, it's no big deal because it's all about e-commerce Everybody is shopping online Look at Amazon - Amazon stock hit a new 52-week high today All time high, not just a 52-week high Jeff Bezos is on the way to being the richest man in the world
This week, it’s Doug’s birthday, and to celebrate, he goes back to basics. He shares the wisdom that his mother, a 17-year veteran of Wall Street, taught him, and the stock-picking trick his grandmother, one of the first women to be licensed as a stock broker in America, used. In today’s guest interview, Peter Schiff, economist, financial analyst, and president of the Euro Pacific Bank, discusses the U.S. government’s debt and its effects on the economy. How can the American government debt be repaid? Peter Schiff goes head-to-head with Obama’s policies. He believes America is heading for a rude awakening when the world realizes that the U.S. can’t pay back her debt. Learn about Schiff’s solution to the debt crisis. Follow Peter Schiff’s work at: http://www.europac.com/ Listen to his podcasts at www.schiffradio.com Find out more about his books at: www.schiffbooks.com
YouTube video here! Topics include: - Gold - Entrepreneurship - Internal personal freedom - Libertarianism - Market speculation About the Guests: Joey took a leave of absence from Pomona College to focus full time on Augur. He conducted the first Bitcoin transaction via sound as well as the first Bitcoin transaction via iOS-Android Bluetooth LE. As a prelude to Augur, Joey and Jack completed Sidecoin, which allows new cryptocurrency distributions based on "snapshots" of Bitcoin account balances. He works on Augur’s backend codebase which interfaces with Chris's math functions. He is currently making Augur’s consensus implementation faster and more accurate. Joey worked on bitcoin merchant solutions and enjoys hardware tinkering and game development. He was his high school valedictorian and a senior officer of his college investment club. Perry worked as an economics correspondent for the Financial Times, Fortune Magazine and Investors Business Daily after majoring in economics at Harvard. Before the 2007 crash, he uncovered heavy insider selling by homebuilder executives, used futures markets to gauge the surprising extent of Wall Street's dependence on the Fed, was first to report the Fed's formal brainstorming over unconventional stimulus options and how the U.S. government's future financial challenges were massively underestimated. He developed regressions to assess which nations might outperform or underperform going forward based on which were "underpriced" or "overpriced." He manages special projects for Augur, including strategic initiatives involving the financial sector and artificial intelligence. Ashe Whitener is the founder and co-host of Liberty Entrepreneurs Podcast which aims to provide an alternative perspective to achieving individual freedom through the creative entrepreneurial process rather than through the tried and failed process of politics. Ashe is also an original member of Peter Schiff’s Euro Pacific Bank and is currently the Head of Business Development which manages 1000+ B2B referral partnerships worldwide. Much of Ashe’s experience has come during his time living abroad and he continues to consult global teams on various projects including tech startups and offshore asset protection. If you like this content, please send a tip with BTC to: 1444meJi7YjgQGNg3U8Z6qYZFA5cgz4Gmj More Info: TatianaMoroz.com CryptoMediaHub.com Vaultoro.com Augur.org LibertyEntrepreneurs.com Friends and Sponsors of the Show: TheBitcoinCPA.com CryptoCompare.com FreeRoss.org ThirdKey.Solutions SovrynTech.com SexAndScienceHour.com
El culebrón de los Granadina Papers no ha hecho sino comenzar. Podemos niega la mayor... y el Euro Pacific Bank también. Para la formación morada esos papeles son una fabricación y ha anunciado medidas legales para la semana próxima. Algo muy habitual, por lo demás, entre los políticos de todos los partidos. Eso no le quita un ápice al valor de la información que, de ser cierta, supondría la dimisión de Pablo Iglesias con las consecuencias dentro y fuera de Podemos que ello conllevaría.
Jason Burack of Wall St for Main St interviewed returning guest, best selling author, Austrian School Economist, investor and President & CEO of Euro Pacific Capital http://www.europac.com/, Peter Schiffhttp://www.schiffradio.com/. Peter has over 20 years of experience as a financial professional and is also Chairman of Schiff Goldhttp://schiffgold.com/ and Euro Pacific Bank.His full bio can be found here: http://www.schiffradio.com/about-peter/ and here:https://en.wikipedia.org/wiki/Peter_S...His best selling books include: Crash proof, Crash proof 2.0, How an Economy Grows and Why it Crashes, The Real Crash, and The Little Book of Bull Moves in Bear Markets and all these books can be bought on Amazon. During this 30+ minute interview, Jason first asks Peter about deflation and when in financial history have governments allowed it for a prolonged period of time? Peter says that in a fiat currency system with central banking, governments will not allow deflation or free market forces to correct many global imbalances for a long period of time without further intervention. Jason asks Peter about Harry Dent's views of deflation and Peter says that there will be deflation priced in gold as gold will gain purchasing power against other assets like stocks, real estate, other commodities, etc in the years to come. Next, Jason asks Peter about his newest book, The Real Crash, and why politicians won't allow wages and prices to fall naturally? Peter says politicians have made lots of campaign promises to get elected and if the economy crashes while they are in office they probably won't be re-elected. Jason then asks Peter about his article from last week http://www.europac.com/commentaries/f...Peter says China is unfairly being blamed for the stock markets going down in the US. After discussing Wall St and the mainstream financial media playing the blame game, Jason asks Peter about gold and what will be the catalysts to drive higher gold and silver prices?Peter thinks there will be a loss of confidence in the Federal Reserve and other central banks and people will abandon government currencies and other assets in favor of gold. Peter talks about his gold and silver backed debit card at Euro Pacific bank and how he has invested in new software and technology to improve the product and how it's different than Bitgold/Gold Money. To wrap up the interview, Jason asks Peter why many more Americans have read Karl Marx and Keynes instead of Mises, Hayek and Rothbard? Peter says socialism promises people something for nothing and gives adults an excuse to blame others for problems in their lives.