The Megyn Kelly Show Will Elon Musk Buy Twitter, and Johnny Depp Trial Drama, with Peter Schiff, Jonna Spilbor, and Anne Bremner | Ep. 300
Apr 14, 2022
Peter Schiff, CEO of Euro Pacific Capital and economic maven, dives into the potential of Elon Musk buying Twitter, exploring the implications of this tech giant's investment while critiquing U.S. economic policies. Criminal defense attorney Jonna Spilbor and trial attorney Anne Bremner dissect the explosive details of the Johnny Depp and Amber Heard trial, exposing the complexities of fame and public perception. They also tackle issues of crime and mental health in today’s society, providing fascinating insights into both legal and economic landscapes.
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Musk's Twitter Bid
- Peter Schiff doubts Elon Musk's genuine intention or financial capacity to purchase Twitter entirely.
- He suggests Musk might be engaging in market manipulation or seeking a profitable exit strategy.
Gold as a Store of Value
- Consider gold as a store of value, not just an investment, to protect against inflation.
- Gold doesn't generate returns like stocks or real estate, but preserves value during economic downturns.
Decline of US Manufacturing
- The decline of US manufacturing stems from big government, taxes, and regulations making it uncompetitive globally.
- Outsourcing the economy and the dollar's reserve currency status have led to increased consumption and debt.