The political center keeps moving left – Ep 532




The Peter Schiff Show Podcast show

Summary: Nobody seems to be talking about the downward revisions in the jobs reports, particularly for 2018. Trump’s celebrated jobs numbers have been revised down 370k jobs for that year.<br> <br> Obama’s weak jobs record is better than Trump’s. A lot more jobs were created in the last 3 years of Obama’s presidency than the last 3 years of Trump’s.<br> <br> Deficits are exploding through the roof. Trump is setting records in government debt, but thanks to Trump and the Republicans, no one cares about the deficits anymore.<br> <br> Gold hit a record high in terms of the Euro, which means people who are bearish on the Euro are turning to gold as a safe-haven.<br> <br> Stock market doesn’t seem to be worried about the possibility of a President Bernie Sanders. Maybe they want more QE and negative interest rates?<br> <br> Bernie Sanders can out-promise Trump and people are underestimating the power of all that free money.<br> <br> Sean Hannity’s fake outrage is not a good look.<br> <br> Owning a home does not make you wealthy.<br> <br> Bitcoin may be rising now, but it’s still not gold.