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Government Hiring Spree Means Higher Taxes and Inflation - Ep 982

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Innehåll tillhandahållet av Peter Schiff. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Peter Schiff eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

The September Jobs Report: A Deeper Dive into Government Hiring and Market Implications

Cut your wireless bill to $15/month at https://mintmobile.com/gold. $45 upfront payment required. For new customers on the first 3 month plan only.

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Peter unpacks the September jobs report, highlighting the surprising surge in government hiring amidst looming elections. He questions the authenticity and timing of these figures, suggesting political motivations behind the data boost for the Biden-Harris administration. Peter contrasts private versus government job creation, explaining the economic implications of these new roles funded by taxpayers. As he laments the service sector's dominance and the fading strength of manufacturing, he predicts post-election job revisions. Peter also advises against broad faith in market indicators and reiterates the urgency of investing in gold and silver stocks, casting a skeptical eye on Bitcoin's faltering performance compared to gold. Overall, he stands firm against superficial economic narratives, advocating for practical investment strategies informed by a realistic outlook.

🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com

🔔 Free Reports & Market Updates: https://www.europac.com

🟡 Schiff Gold News: https://www.schiffgold.com/news

📘 Book Store: https://schiffradio.com/books

👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff

👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff

👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial

👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff

Timestamps:

00:42 Jobs Report and Political Implications

04:18 Analyzing the Jobs Data

09:57 Government vs. Private Sector Jobs

14:53 Economic Consequences of Government Hiring

25:08 Labor Market Developments and Automation

32:51 Employer Liability and Automation

34:22 Market Reactions and Fed Rate Cuts

36:20 Oil Prices and Inflation Concerns

37:51 Manufacturing Recession and Service Sector Strength

45:49 Gold and Silver Market Dynamics

52:59 Emerging Markets and Investment Opportunities

54:23 Bitcoin's Bear Market Analysis

57:28 Conclusion and Final Thoughts

#jobsreport #governmentjobs #inflation


Our Sponsors:
* Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com
Privacy & Opt-Out: https://redcircle.com/privacy
  continue reading

1026 episoder

Artwork
iconDela
 
Manage episode 443607169 series 3030971
Innehåll tillhandahållet av Peter Schiff. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Peter Schiff eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

The September Jobs Report: A Deeper Dive into Government Hiring and Market Implications

Cut your wireless bill to $15/month at https://mintmobile.com/gold. $45 upfront payment required. For new customers on the first 3 month plan only.

Get $20 credit by being one of the first 500 traders. https://kalshi.com/gold

Peter unpacks the September jobs report, highlighting the surprising surge in government hiring amidst looming elections. He questions the authenticity and timing of these figures, suggesting political motivations behind the data boost for the Biden-Harris administration. Peter contrasts private versus government job creation, explaining the economic implications of these new roles funded by taxpayers. As he laments the service sector's dominance and the fading strength of manufacturing, he predicts post-election job revisions. Peter also advises against broad faith in market indicators and reiterates the urgency of investing in gold and silver stocks, casting a skeptical eye on Bitcoin's faltering performance compared to gold. Overall, he stands firm against superficial economic narratives, advocating for practical investment strategies informed by a realistic outlook.

🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com

🔔 Free Reports & Market Updates: https://www.europac.com

🟡 Schiff Gold News: https://www.schiffgold.com/news

📘 Book Store: https://schiffradio.com/books

👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff

👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff

👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial

👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff

Timestamps:

00:42 Jobs Report and Political Implications

04:18 Analyzing the Jobs Data

09:57 Government vs. Private Sector Jobs

14:53 Economic Consequences of Government Hiring

25:08 Labor Market Developments and Automation

32:51 Employer Liability and Automation

34:22 Market Reactions and Fed Rate Cuts

36:20 Oil Prices and Inflation Concerns

37:51 Manufacturing Recession and Service Sector Strength

45:49 Gold and Silver Market Dynamics

52:59 Emerging Markets and Investment Opportunities

54:23 Bitcoin's Bear Market Analysis

57:28 Conclusion and Final Thoughts

#jobsreport #governmentjobs #inflation


Our Sponsors:
* Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com
Privacy & Opt-Out: https://redcircle.com/privacy
  continue reading

1026 episoder

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