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President Trump managed to put together a new NAFTA deal with Canada just before the deadline. In his latest podcast, Peter Schiff called the “NAFTA rebrand” a marketing fraud. When Donald Trump was a candidate, he said NAFTA was the worst trade agreement ever negotiated by anybody. Even as he was taking credit for the […]
Sept. 30 marked the end of the federal government’s 2018 budget year. According to data released by the US Treasury Department, the federal debt grew by nearly $1.3 trillion in fiscal 2018 – $1,271,158,167,126.72 to be exact. It was the sixth-largest fiscal-year debt increase in the history of the United States. So much for that Republican […]
In a recent podcast, Peter Schiff talked about the “Trump tariff put” – this idea that the president will be able to call off the trade war to rescue the market should it start to fall. Peter called that idea nonsense. It is the type of wishful thinking, the type of just ignoring all of […]
The Dow Jones pushed into record-high territory again late last week. As Peter Schiff pointed out in his latest podcast, Pres. Trump was out there pointing out the record run on Wall Street and claiming responsibility for this bull market. Just turn on Fox News and hardly a segment will go by that somebody isn’t […]
The trade war between the US and China escalated again this week. The US slapped an additional $200 billion in tariffs on Chinese goods. The tax starts at 10% and will increase to 25% by the end of the year. China retaliated by announcing another $60 billion in tariffs on US goods. As Peter Schiff noted […]
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
Through the last several presidential administrations, the US has maintained a “strong dollar” policy. As Peter Schiff pointed out in his most recent podcast, it wasn’t so much that you could pinpoint the specific tenets of the policy. It was more about the rhetoric that came out of Washington D.C. Everybody talked about the strong dollar […]
The dollar declined sharply, pushing gold up late last week as Pres. Trump criticized the Federal Reserve’s interest rate policy. Trump took aim at the Fed during an interview on CNBC, saying he’s “not thrilled” with the central bank’s push to raise rates. Because we go up and every time you go up they want […]
Dan Kurz runs the DK Analytics website where he posts detailed breakdowns of complex economic issues. We recently interviewed Dan as part of our It’s Your Dime Series. In his most recent post, Dan used his analytical skills to break down the first 18 months of the Trump administration. Dan finds a little good, a […]
