Peter Schiff Calls “Hidden Vote” for Trump Before Election Results
In an interview with RT News Tuesday night just as the election was getting started, Peter Schiff showed, once again, his acumen and insight for reading economic and political situations correctly. After Larry King asked if the election’s comparison to Brexit was appropriate, Peter accurately described the simmering voter angst at the economy and predicted the existence of a “hidden vote” for Trump that would soon prove to have eluded pollsters.
“If this election were a referendum on the economy, Trump would win in a landslide, but there are so many issues clouding people’s decisions. This Obama recovery, for most people, is actually worse than the recession that we’re supposedly recovering from. The middle class has been eviscerated. Nobody has been lifted out of poverty … Barak Obama promised change, but delivered more of the same. I don’t think people are going to buy the empty promises from Hillary, where she’s going to succeed where Obama failed. There could be a sentiment, a vote for Trump that is maybe not being picked up in the polls, and that might be a similarity to what happened in the U.K. with Brexit.”
Get Peter Schiff’s most important Gold headlines once per week – click here – for a free subscription to his exclusive weekly email updates.
Interested in learning more about physical gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!
Related Posts
US Trade Deficit 2024
No one is talking about the US trade deficit in the current fiscal year, but it is likely to be another record, bringing with it new rounds of trade sanctions and protectionism. In this article, I explain why the twin deficit hypothesis will apply, bearing in mind a likely budget deficit outturn of $3 trillion […]
Deutsche Bank economists say the Federal Reserve will create more inflation in 2024. OK, that’s not exactly what they said. But that is the implication of their latest forecast.Managing a Crisis
This article concludes that the current downturn in bond yields is part of a continuing market manipulation by central banks in order to restore confidence in the global economic outlook. There is a long history of government intervention in markets. In the nineteenth century, it was by legal regulation, the most notable of which was […]Shrinkflation: Robbing Us Quietly in Back Alleys
Inflation robs you of purchasing power by driving up the price of everything you buy. You see the impacts of inflation every time you go to the store. But sometimes inflation hits you in a more subtle way that’s difficult to see – through “shrinkflation.” I experienced shrinkflation first-hand last weekend.Is Gold About to Take Off?
The technical position for gold is looking very positive for higher prices. But technical analysis should be backed by fundamentals. To a large extent, fundamentals are in the eye of the beholder, whose opinions in any situation can vary from positive to negative and everything in between. But even for the economic optimists, there are […]