The Peter Schiff Show Podcast Data Confirms "Hot" US Economy Is Ice Cold - Ep 1049
Nov 8, 2025
Explore the paradox of a perceived 'hot' U.S. economy contrasted with troubling data revealing underlying fragility. Delve into insights on the gold market, navigating Bitcoin's shaky fundamentals, and what the New York mayoral election signifies about economic perceptions. Discover the inefficiency of government-run programs, the effects of taxing the rich on lower-income individuals, and the constitutional debates surrounding tariffs. Peter Schiff cuts through political noise to uncover the realities shaping our financial landscape.
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Gold Forming A Strong Base
- Peter Schiff argues gold is forming a base around $4,000 and looks poised to rise further.
- He contrasts strong metal fundamentals with investor nervousness and selling pressure in bull markets.
Crypto Bubble Showing Early Cracks
- Schiff calls the crypto market a bubble and notes a recent decline below $100,000 for Bitcoin.
- He warns crypto-related stocks are leading indicators showing severe market stress.
Avoid Leveraging Bitcoin As Primary Collateral
- Avoid borrowing heavily against volatile crypto as collateral because forced liquidations will amplify losses.
- Expect lenders to liquidate collateral before severe declines and borrowers to face tax and cash shortfalls.