Rich folk re mincing the numbers. Politicians need to go out in society to see the damage they have done.

The Bitcoin ETF paper scandal may enlighten a whole generation of investors on holding real assets as opposed to fake assets.

0:00 that's that remix

Hey Peter I took your advice and bought a couple hundred dollars in junk silver. I would’ve bought from your website, but your website is designed like a Sears catalog. Stop being an old boomer and reduce the friction when it comes to e-commerce. Why do I have to message, email, or call someone to place an order? I should be able to select an item and checkout with a handful of payment options.

Newmont Corporation (NEM), as shown on the scrolling ticker was $44/share back then in 2013. Today, 11 years later, it's at $42/share! Negative growth over the course of more than a decade. Note: There were no stock splits in that time period for NEM.

This didn’t age well for gold.

In fact, j@ws were kicked out of England for clipping coins in the middle ages

Nobody wins. We all lose. Rich people just lose a little less, or slower. Eventually when the dollar collapses, there will be major crisis, civil unrest, revolution, ans then some replacement fiat just as the thousands of fiats before it. Cycle continues. We just happen to be the unlucky ones to experience the end of it and not the early or middle part of it.

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

I love how these woman cant handle the truth being put in front of their face 😂 i love it

Nice work Peter

Went to buy a half oz gold bar yesterday at local bank in Singapore. An Indian Banker next counter to me scooped up a massive 4 kilos of gold. Omg

yep

the purpose of Americas' incorporated gov. is to transfer wealth from workers/commoners to the gov. and their Wall St. donors by taxation and inflating the money supply.

The dollar is literally being destroyed / debased / devalued. The best performing asset in the history of the world is BITCOIN. BITCOIN is by far the best store of value. 10 years from now you’ll be thankful for every dollar you put into BITCOIN.

Rich billionaires aren't innocent either. They are part of the corporate-state merger corruption. Think of big pharma and military industrial companies. Regular middle class is struggling to buy food and these billionaires are crying about this new few percentage point tax increase. Haha. What about you rich folk actually create jobs that pay an amount that make regular folk able to live meaningfully. But no all you do is invest the money in stocks in hopes of getting even more rich which only perpetrates the gap between middle class and ultra rich. The stocks are fake, they don't bring any jobs, and are part of the corruption between state and big corporations. Its ridiculous to think the rich people are without accountability in these recession times. So yeah they are unconstitutional but the state is trying to get money from somewhere to prolong the inevitable bankruptcy. If it had to take it from the poor middle class or ultra rich, i choose the latter.

Peter's been right all along.

A prophecy that keeps on prophesizing.

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

My comments during this discussion are even more relevant in 2024 than they were in 2013. It's just too bad nothing was done about the problems I pointed out. As a result they got much worse.

What happens when they raise? Lol down she blows

28:52 🎺 fanfare, youtube psychopaths

❤❤❤❤❤❤❤

The FED is saying the economic growth is causing inflation because it is but it's artificial unsustainable growth created by fraudulent monetary policies as well as economic policies all contributing to a boom and finally a bust created from this economic and monetary Monopoly system.... of course the Federal Reserve is not going to come out and say this..... they're going to leave that out and just basically a tribute the inflation to economic growth without implicating the Monopoly system that has been in place since the Sumerians.. Monopoly over economy and monetary unit are what we use to determine the misery index even if it is established by factoring unemployment rate and rate of inflation because these two factors are more deeply embedded in the root cause of Monopoly in general... for private individuals to seek to subvert the Federal Reserve from the people and into their hands as well as every other Central Bank in the world so that they can arbitrarily decide what type of system we will have in the future and in any particular geographic area of the world or even the entire world under one system... if you look at Global policies you might see something that looks kind of communist with sprinkles of fascism on it..... well they can accomplish a complete transition to Global communism because private individuals on all the central banks in the world and with that power they can control and do control the economies as well as the monetary systems... complete power over all modern societies short of Aboriginal people that still live in the jungles

*The Crypto market is pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.*

Socialists really are vile people.

Peter took the shot. All digital crypto was created by the CIA. They built the system though the central banks by having the public invest in it. Peter is smart and a great economist but most people miss what's really going on.

Personally speaking I find two people that gives you the understanding of macro economics are Petey and Daniel Lacalle 😊

Commodities have topped. Gold, miners all topped. Silver which this clown touted hit hard. Time to sell it all. Come back to fight another day. Remember, this bozo is a goldler like a holder is to BTC. Don't get caught in this massive correction about to take place as the fed will not be lowering rates.

love the show

36:00 Peter in a tropical shirt hawking specials on dime bags and quarter bags.

Did Laffer paid that penny for you?

Interesting topic

lol, Peter had opportunity to invest in bitcoin at .25 cents.

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

John 14:6❤

Omg 5 years later... i listen to peter for 5min, same church, same sermon! Give it a rest peter! Find new material.

Wow great truth video that 70 percent of Americans will not understand.

One fact appears to be lost among all the words being hurled around, and that is that money is Gold - all else is Credit. All credit systems (fiat currencies) start out being based on tangible Gold but then Credit eventually gets abused by Usury and the currency representing Credit becomes valueless. This why people own Gold. When the Credit system blows up from the public's inability to pay the debt created, people are left with a useless currency. The last man standing is Gold. Gold represents Money - Currency represents Credit.

Buy American 🇺🇸

What dates is this going to happen? ... 13 months later since you started saying this, it hasn't done much .. oil and grain have been sideways to down.... good theroy but your wrong for a series of reasons

King Henry 8th was known as Ol' Coppernose because he kept adding copper to the silver coinage. As coins were passed around the silver veneer would rub off his image imprinted on the coins and his nose in particular, revealing the copper underneath.

Always remember Judas traded in Silver

Decent debate this. More common ground rather than less. Hanke is no orator, but in my view made some excellent points (I say this as a Schiff fan) and should be listened to despite his delivery.

But silver went back down????

I think the market is always right , whichever market that is , I don’t care if it’s bitcoin or dirty socks , it’s a game , and the best players are making the most money , for for Peter Schiff to say the market is wrong , that’s like blaming a casino when you lose

In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

In uncertain times, how can one outperform with the S&P 500? my money goal of $3m seems far-fetched and just saving is not an option, do I seek a license advisor to help grow my funds, or wait for a favorable economy? I have barely 5 years to retirement.

How is the government going to print money like never before and expect no inflation.🥺

Your dad was a smart man, Peter. My dad taught me similar lessons about the history of money in the US when I was growing up. Unfortunately, he passed when I was just a teenager. I miss him dearly. Thanks for filling in the knowledge gaps for me in my adult years 🙂