🔴 A Tale of Two Stocks - Ep 948

  Рет қаралды 87,597

Peter Schiff

Peter Schiff

Күн бұрын

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Пікірлер: 685
@lawerencemiller9720
@lawerencemiller9720 6 ай бұрын
I’m already dollar cost averaging but I’ve been holding onto a lot of cash as well. I recently put most of it into stocks because it was just sitting there. Most of it went to dividend stocks so I’m not too worried. The goal is to invest for dividend and the stocks were at a recent low so I’m not worried long term. Sooner I start the more dividends I’ll have to reinvest.
@alexyoung3126
@alexyoung3126 6 ай бұрын
Dividends are dope. Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
@williamyejun8508
@williamyejun8508 6 ай бұрын
I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
@austingraff1881
@austingraff1881 6 ай бұрын
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
@williamyejun8508
@williamyejun8508 6 ай бұрын
Melissa Maureen Ward is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@austingraff1881
@austingraff1881 6 ай бұрын
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@johnlennon232
@johnlennon232 7 ай бұрын
I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money?
@alexyoung3126
@alexyoung3126 7 ай бұрын
Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.
@lawerencemiller9720
@lawerencemiller9720 7 ай бұрын
I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.
@jessicamoore3093
@jessicamoore3093 7 ай бұрын
Your advisor must be really good, how I can get in touch with them as my porfolio isnt doing well.
@lawerencemiller9720
@lawerencemiller9720 7 ай бұрын
'Lisa Angelique Abel' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@jessicamoore3093
@jessicamoore3093 7 ай бұрын
I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.
@nickb3968
@nickb3968 7 ай бұрын
The section in this video on the corruption of the judicial system is spot on. It's getting ridiculous.....I'm in the middle of a devastating divorce right now and the jokers in the court system have no understanding of my small business, my actual income, etc. It's terrifying and I could very well lose 20+ years of my life's work(my business) at the end of it all, not even talking about the emotional toll of the divorce on me and my kids. I'm seriously considering moving out of the country.
@chaddy-me-boy8299
@chaddy-me-boy8299 7 ай бұрын
I’m sorry to hear this Nick. At times we think nobody gives a f--. No matter what happens, alpha males stay tough.
@keithbellair9508
@keithbellair9508 7 ай бұрын
The courts need to be discontinued.. these assholes are mini dictators and have way too much power… the constitution is a joke to allow this crap…
@baliroads
@baliroads 7 ай бұрын
I moved country. Best decision I ever made 🙏
@jack32257
@jack32257 7 ай бұрын
So sad to hear this Nick, stay strong, she does not deserve none of your goods or properties, its a joke. Get out of there ASAP!
@sugargay4266
@sugargay4266 7 ай бұрын
They don’t care man they look at you and see how much blood they can suck and they’re telling your ex the same thing I’m 30 years old rn trying to build my future why would I get married if in the end of the female isn’t happy she can just ruin me doesn’t make sense and the people who make millions and millions off of small business guys like you make me sick what will our country be after all small business is wiped out? After Covid if you run a small business that employees people you should have insane protection your ex shouldn’t be allowed to interrupt an enterprise that people rely on for survival it’s crazy
@Ty-lz3iz
@Ty-lz3iz 7 ай бұрын
I took this man’s advice and I regret it to this day.
@JackJackie-k6y
@JackJackie-k6y 7 ай бұрын
How much are you down on your mining stocks?
@Ty-lz3iz
@Ty-lz3iz 7 ай бұрын
@@JackJackie-k6y I’m actually not down anything. Although in purchasing power I am. I don’t expect to make money with gold and silver I do however expect it to protect my purchasing power. Which it has not. I have the same dollar denominations in gold and silver as I did five years ago although those dollars will not purchase as much so it has not hedged my purchasing power from inflation.
@aba192
@aba192 7 ай бұрын
Yeah you do have to account for his anti-US bias… I invested in oil during the covid crash which was a no-brainer.. but went in on SHEL instead of exxon/chevron and it did cost me
@TrueDat
@TrueDat 7 ай бұрын
Go Peter = My Favorite KZbinr !!!
@kyleinpa5285
@kyleinpa5285 7 ай бұрын
I love listening to Peter Schiff. But I’m glad I don’t “listen“ to his investing advice.
@settitoma5891
@settitoma5891 7 ай бұрын
Peter you're hilarious! Thank you for talking about the Fani case! "Yeah I got a lot of cash" that floored me lol
@VideoconferencingUSA
@VideoconferencingUSA 7 ай бұрын
It is important the you hear her explaining as why she has cash. Smart people have cash for emergencies etc.
@Strangefella13
@Strangefella13 7 ай бұрын
I started learning about how the economy really works a few years ago and I've learned most of what I know just by listening to Peter Schiff.
@QuilishWammy
@QuilishWammy 7 ай бұрын
Stop listening to this charlatan, and read some other stuff about the economy. He repeats the same thing everyday, for the last 15 years. You won't gain any actual knowledge by listening to him.
@johndoe1.196
@johndoe1.196 7 ай бұрын
Your grandparents could buy candy for a penny and a new built house for $50k. Which way do you think inflation is going long term???
@robertc801
@robertc801 7 ай бұрын
But before that we had declining prices from 1860-1912 (roughly)
@keithbellair9508
@keithbellair9508 7 ай бұрын
My grandparents built a nice brick house for $15,000… basically free..
@johndoe1.196
@johndoe1.196 7 ай бұрын
@@keithbellair9508Not free, as your grandfather likely made like $1 an hour, but the ratio of pay to expenses was generally a lot more beneficial to the public back then.
@Usermf-i8x
@Usermf-i8x 7 ай бұрын
Penny Candy and Houses for 10K not 50K. Your dollar has lost 99% of its value thanks to reckless gov spending.
@johndoe1.196
@johndoe1.196 7 ай бұрын
@@Usermf-i8x Won't be the first time, or the last.
@daveortiz99
@daveortiz99 7 ай бұрын
Xerox invented the GUI and the mouse. Kodak the digital camera and an early version of Facebook.
@Minneolaos
@Minneolaos 7 ай бұрын
The Facebook was invented in Finland. See IRC Galleria. It was meant For IRC users but had The same selfies.
@damianmousley2098
@damianmousley2098 7 ай бұрын
Xerox didn’t invent it , but were first to use it commercially
@naadde
@naadde 7 ай бұрын
​@@MinneolaosIRC-Galleria still exists. Greetings from Finland 🙂
@cheninblanc8208
@cheninblanc8208 7 ай бұрын
Schiff is wrong as usual............🤔
@dmitriy131
@dmitriy131 7 ай бұрын
“Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants - but debt is the money of slaves.”
@harvyholmes9972
@harvyholmes9972 7 ай бұрын
Nice.
@ef7480
@ef7480 7 ай бұрын
spammin
@dmitriy131
@dmitriy131 7 ай бұрын
@@ef7480 “If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it.” - Alan Greenspan😜
@DigitalDissident
@DigitalDissident 7 ай бұрын
The only surprising thing I found out in this podcast is that Peter Schiff buys $21,000 golf carts. Rich 1st world problems, nice.
@se6586
@se6586 7 ай бұрын
A new golf cart without any accessories is about 14-15k, if it’s EZ-GO, Yamaha ect, add a radio and a road legal kit ect 21k is pretty good. Wait till you find out how much those 4x4 side by side’s are. Up to 40k
@AndreaBocelli-lc2ft
@AndreaBocelli-lc2ft 7 ай бұрын
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10k in a meme coin from just a few months ago and now they are multimillionaire.,.,.,.,.
@egesidavid1366
@egesidavid1366 7 ай бұрын
I'm celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
@JohnPeterson-ge6eq
@JohnPeterson-ge6eq 7 ай бұрын
I'm looking for something I can venture into on a short term basis, I have $15k sitting in my savings.
@egesidavid1366
@egesidavid1366 7 ай бұрын
Assets that can make you rich *FX *Bitcoin *Stocks *Gold *Real estate
@AnumanNattapong
@AnumanNattapong 7 ай бұрын
You're right but a lot of people remain poor due to ignorance
@BleachSally
@BleachSally 7 ай бұрын
Not because of ignorance, it's because of the high rate of unprofessionalism in the crypto market
@JimmyHat-k4t
@JimmyHat-k4t 7 ай бұрын
Even the Feds forward guidance isn't restrictive 🤣💯Peter
@jasonrod77
@jasonrod77 7 ай бұрын
I’m am im 😅😅😮
@tonysciortino2320
@tonysciortino2320 7 ай бұрын
Thank you Peter for speaking out and speaking the truth!!!!
@kvapower3925
@kvapower3925 7 ай бұрын
The real question is how to get this judge suspended inquiry opened dismissed from govt service with no pension for abuse of power. Look at ever y case he handled
@bpb5541
@bpb5541 7 ай бұрын
Well all our politician are owned by the rich and coporations. Are we going to fire all of them?
@nickb3968
@nickb3968 7 ай бұрын
The whole problem with "dumping" is that it's sustainable for quite some time because the whole world is standardized on some type of "fiat" currency.....that's especially a problem in the exchange of currencies between the US and China......a PM standard would fix all that obviously.....but that's a whole separate issue.
@johnwalker9614
@johnwalker9614 7 ай бұрын
Gold was 1900 in 2011, it's 2000 now but m2 money supply has doubled. That that sink in bitcoiners.....
@Hawka-Loogy
@Hawka-Loogy 7 ай бұрын
BTC was $500 in 2011. Nuff said
@lanceyumnichols5851
@lanceyumnichols5851 7 ай бұрын
Great show as always! Texas would treat you well!
@webcomber
@webcomber 7 ай бұрын
Peter Schiff will be chasing Bitcoin on his golden dinosaur for the next thousand years.
@deepstatecia
@deepstatecia 7 ай бұрын
schiff is really out of touch. been promoting gold for decades that has gone nowhere. then complains and moans about all the stuff that rockets to the moon.
@ef7480
@ef7480 7 ай бұрын
Then falls back to Earth.. I don't get it. 'gold has gone nowhere' ?
@gregdiprinzio9280
@gregdiprinzio9280 7 ай бұрын
Bitcoin was 51K on the 26th--it hit 63k today! You could have picked up 12K in two days while you’re waiting for 3K gold. I’m trying to help you get out of gold prison.
@jmcmob608
@jmcmob608 7 ай бұрын
Thank you very much...
@CollectorChronicles
@CollectorChronicles 7 ай бұрын
They seem to like making an example out of people. I say it's high time we make an example out of them.
@QuilishWammy
@QuilishWammy 7 ай бұрын
How are you gonna 'make an example out of them' ? 😉
@chriseustace9734
@chriseustace9734 7 ай бұрын
Cuts might be falsely expected due to ever increasing debt obligations which will further devalue the purchasing power of the Dollar !
@GANAPATIIIII
@GANAPATIIIII 7 ай бұрын
GOLD AND SILVER GOOD FIAT BAD 👀
@seannotaro473
@seannotaro473 7 ай бұрын
The markets can remain irrational longer than you can remain solvent!!! Just remember that folks..
@Zindo.Majesty.HisMajesty
@Zindo.Majesty.HisMajesty 7 ай бұрын
948th time Peter got it wrong 😂
@patrickpellerin5144
@patrickpellerin5144 7 ай бұрын
US now : USSR
@wimvanaerde6249
@wimvanaerde6249 7 ай бұрын
Exactly
@skiyman
@skiyman 7 ай бұрын
Gold is rare but Gold paper is not.
@deancapinegro4575
@deancapinegro4575 7 ай бұрын
Just admit it- IBIT is crucifying mimers
@dnimon936
@dnimon936 7 ай бұрын
how are you doing pete?.................bitcoins 64 k and going to the moon in a hurry.................how's gold doing pete? How do you feel giving everyone a bum steer; telling them not to buy bitcoin, how it was going to zero and to buy gold instead? Bet you are sitting in a dark room with a scotch working out how you were right (in your imagination)
@ricardoubo8947
@ricardoubo8947 7 ай бұрын
Peter you have gotten Gold and the miners completely wrong for a very long time! Money flows into Bitcoin ETFs and out of Gold related ETFs. Do some Research Peter !
@AnthonyJones-gf6yv
@AnthonyJones-gf6yv 7 ай бұрын
WHy ArE pEoPle NoT BuYIng MY ShinY peT rOcKs..
@happyprogressivepoop1422
@happyprogressivepoop1422 7 ай бұрын
I like Peter but even those mining companies are buying more computer equipment than Nvidia is spending on gold
@markymarkjapan
@markymarkjapan 7 ай бұрын
Why do you like him? Because he is always wrong?
@HomestarCrawler
@HomestarCrawler 7 ай бұрын
His analyses are ones I mostly agree with. Just his conclusions are always wrong. Lol.
@bogdanpopescu1401
@bogdanpopescu1401 7 ай бұрын
@@markymarkjapan gelous?
@josephwong604
@josephwong604 7 ай бұрын
​@@HomestarCrawler can you explain a bit more?
@QuilishWammy
@QuilishWammy 7 ай бұрын
@@HomestarCrawler If the conclusions are always wrong, it means that the 'analysis' is useless.
@matthewjensen8600
@matthewjensen8600 7 ай бұрын
Bananas 🍌
@slickwillie4535
@slickwillie4535 7 ай бұрын
Peter, I like your show and believe you are correct about a crash, but even after the crash the best AI companies will survive and strive. Their biggest customer is the government and the defense industry. This tech allows them to watch every dollar in your bank account 24/7.
@veronicakario8837
@veronicakario8837 7 ай бұрын
What's the best AI stocks to buy now
@DUDEBroHey
@DUDEBroHey 7 ай бұрын
​@@veronicakario8837Gemini
@DUDEBroHey
@DUDEBroHey 7 ай бұрын
What if there's balkanization?
@FefeLeVrai
@FefeLeVrai 7 ай бұрын
AI companies don't need to go bankrupt for the stocks to crash. Just to post average earnings.
@chieftainarrowhead
@chieftainarrowhead 7 ай бұрын
The fines are designed to fund the governments pensions
@Shoebooty2014
@Shoebooty2014 7 ай бұрын
Please weigh in on this. Why buy gold mining stocks if it pays off some day, in potentially hyper inflating dollars?
@IDROPHOT
@IDROPHOT 7 ай бұрын
I've been watching the same content creators for years. I've watched all their channels go from a few thousand to over a million +. I will never understand how this man doesn't have at least a million.
@Playboysmurf1
@Playboysmurf1 7 ай бұрын
Because he talks his listeners out of every boom that comes along, in favor of buying Gold that stands still.
@QuilishWammy
@QuilishWammy 7 ай бұрын
He doesn't get a million because he's a charlatan who always makes the wrong predictions.
@IDROPHOT
@IDROPHOT 7 ай бұрын
😂 okay you got me there.​@@Playboysmurf1
@IDROPHOT
@IDROPHOT 7 ай бұрын
The information he provides is still relevant though.
@QuilishWammy
@QuilishWammy 7 ай бұрын
@@IDROPHOT He doesn't provide any 'information'. He says the exact same thing in every video (ie) 'The economy is so bad', 'the stock market is gonna crash', 'the dollar is gonna collapse', 'buy gold'. Each video is indistinguishable from the previous, since he's basically a salesman for gold.
@bernadofelix
@bernadofelix 7 ай бұрын
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.
@ScottKindle-bk3hx
@ScottKindle-bk3hx 7 ай бұрын
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
@PaulKatrina.
@PaulKatrina. 7 ай бұрын
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@Mathew-zs3nz
@Mathew-zs3nz 7 ай бұрын
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
@PaulKatrina.
@PaulKatrina. 7 ай бұрын
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Margaret Johnson Arndt for the last five years or so, and her returns have been pretty much amazing.
@georgebasonathan4784
@georgebasonathan4784 7 ай бұрын
How does this trading stuff work? I'm really interested but I just don't know how it go about it. I heard people really make it huge trading..
@inicMich-rc5wo
@inicMich-rc5wo 7 ай бұрын
As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by Fergus waylen a widely known crypto consultant :
@wilsonrichard440
@wilsonrichard440 7 ай бұрын
I am surprised that this name is being mentioned here, I stumbled upon some of his clients testimonies on CNBC news last week..
@adamdouglas9888
@adamdouglas9888 7 ай бұрын
What impresses me most about Fergus Waylen is how well he explains basic concept of winning before actually letting you use his trade signals. This goes a long way to ensure winning trades.
@KamranKhalil-br6dk
@KamranKhalil-br6dk 7 ай бұрын
His technical analysis is excellent and hid interpretation/projections of the market is so accurate I sometimes ask myself if he is human haha. Point is, Waylen is the perfect trader to follow for advise and daily signals.
@waynes4369
@waynes4369 7 ай бұрын
His stop calls have saved me from potential losses more times than I can count. Waylen's risk management strategies are truly effective
@FiatBurner
@FiatBurner 7 ай бұрын
I wasted 12 years of my life and wrecked my finances following Peter Schiff's perma-bear analysis & investing strategy. I'd be retired if I just stayed with the conventional approach. The worst part is that he won't even admit it...I guess because if he did, then he'd be acknowledging that he has no special investing insight and there'd be no reason for people to buy into his funds which he collects management fees from.
@DenisGartman
@DenisGartman 7 ай бұрын
What is "the conventional approach"?
@maketheconstitutiongreatag5038
@maketheconstitutiongreatag5038 7 ай бұрын
He's a gold salesman. You've been listening to a guy named Schiff trying to sell you gold for over a decade.
@FiatBurner
@FiatBurner 7 ай бұрын
@@DenisGartman Dollar cost average in SP500 index fund or similar, ignore market timing, ignore predictions about the economy, slowly reduce stock allocation in favor of bonds/cash as get closer to retirement....
@keithbellair9508
@keithbellair9508 7 ай бұрын
We are being ✡️’ed
@DenisGartman
@DenisGartman 7 ай бұрын
@@FiatBurner Ok, thank you for your response.
@PhilipMurray251
@PhilipMurray251 7 ай бұрын
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
@BenjaminMcLeod815
@BenjaminMcLeod815 7 ай бұрын
You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
@Alejandracamacho357
@Alejandracamacho357 7 ай бұрын
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@MrGravity304
@MrGravity304 7 ай бұрын
)How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
@Alejandracamacho357
@Alejandracamacho357 7 ай бұрын
Natalie Ann Brinkman is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
@MrGravity304
@MrGravity304 7 ай бұрын
Thank you for sharing, I must say, Natalie appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call
@jackwang8878
@jackwang8878 7 ай бұрын
Is it just me, or does it seem like Peter has run out of words to sell his gold or gold miners? It feels like he's repeating the same things over and over again and blaming 'no one' for understanding it. LOL, Peter: '100 ways to avoid the bull market and say goodbye to your retirement' show.
@Playboysmurf1
@Playboysmurf1 7 ай бұрын
Listening to Peter Schiff for 16 years has cost a hundred thousand listeners tens if not hundreds of million dollars each. The obvious investment is crypto. If you invested a thousand back in 2008, you'd be a billionare. But aside from that, every booming asset, Schiff talks his followers out of investing 💰in favour of what he sells. Simply put, he's a gold salesman. Gold serves an investment purpose, but it's not to grow wealth. The vast majority of Peter's listeners are just working a job, and they are wasting their opportunity to get out of the 9 to 5 rat race by buying the asset designed to stand still.
@maketheconstitutiongreatag5038
@maketheconstitutiongreatag5038 7 ай бұрын
Yes, people are noticing
@QuilishWammy
@QuilishWammy 7 ай бұрын
He has been saying the same thing for the last 15 years. Naturally, he's bound to run out of words.
@dennispoolspaservicetdcigl746
@dennispoolspaservicetdcigl746 7 ай бұрын
The state of NY is done. Sounds like working in Ontario. With so many beauricrates, as a small business it is like avoiding walking in a dog park full of shit. You really have to watch where you step. That is no way to do business.
@mikenelson7894
@mikenelson7894 7 ай бұрын
I’d rather be in an over priced asset and be selling g right now with tons of gains then in some lame mining stock that gold pumpers have been saying for years that when gold gets over $2000 that mining sticks would be through the roof 🤷🏽‍♂️
@JackJackie-k6y
@JackJackie-k6y 7 ай бұрын
Keep buying more mining stonks lol
@gregorygreene1940
@gregorygreene1940 7 ай бұрын
I think the biggest problem is that mining has simply run into too many complications that investors don't want to be dependent on. Licenses, permits, regulations, labor and unions, governments changing views, it's a nightmare. It's become too political. Now combine that with the Bitcoin ETF's coming out and where do you think institutional money is going? The sector has a massive capital problem. I've picked up some extra NEM and GOLD because they are low but I'm out on JR's and I'm sticking to gold/silver ETF's that are pure plays on spot.
@whodidit99
@whodidit99 7 ай бұрын
Lenders didn't do due diligence by verifying value. Come on! Even when you take out a mortgage on e $300K home, the bank verifies value. What a joke. I don't like Trump, but this judgement was purely political.
@parker-crew8588
@parker-crew8588 7 ай бұрын
after watching peter for 2 years I have come to some conclusions gold will never go up it is a danger to the new digital currency
@Earthandweather
@Earthandweather 7 ай бұрын
Have those two years left you with and mean full insights? Why comment dude?
@ef7480
@ef7480 7 ай бұрын
Depends when you acquired gold. It has 'gone up'. If I'm getting an extra 500 per ounce then it allows me to buy the same amount of stuff...
@heinzbucksandcastle2053
@heinzbucksandcastle2053 7 ай бұрын
I am not buying gold in this market until we see a weak dollar and a move up in commodities. Gold and silver are dead money.
@aNotoriousNerd
@aNotoriousNerd 7 ай бұрын
So you’re saying you’ll begin to buy when prices are increasing?
@FefeLeVrai
@FefeLeVrai 7 ай бұрын
So you'd rather buy expensive gold than cheap gold. smh.
@oldlowsbecomenewheights
@oldlowsbecomenewheights 7 ай бұрын
Lol. Imagine the world where the U.S. accepts gold bullion. Just imagine...
@claudiorobles63
@claudiorobles63 7 ай бұрын
It's not dead money. They're very mature assets that are not gonna give you crazy gains...gold I believe has a 13 trillion dollar market cap
@bpb5541
@bpb5541 7 ай бұрын
Well said. You are one of the only people who I have heard got why gold goes up or down. It has nothing to do with the economy. It is a hedge to a falling dollar. I think the dollar will go up not down when we get the global economic meltdown. Which means gold is going to go down not up.
@joshuaneave7865
@joshuaneave7865 7 ай бұрын
Peter i beg you 😭 you are a millionaire please buy better cameras
@johnclaiborne2749
@johnclaiborne2749 7 ай бұрын
Newmont just cut its dividend from $0.40/quarter to $0.25 (an almost 38% cut), and that's with the price of gold near its all-time high. I'm pessimistic about all of these mining stocks. If one of the supposedly "strongest" gold stocks is performing this badly with gold above $2,000, what are we going to see from these companies if (when?) gold drops back down to, say, $1,800?
@baliroads
@baliroads 7 ай бұрын
Great point
@yoxat1
@yoxat1 7 ай бұрын
Newmont has for many years been gambling in the derivative markets. Newmont is not a gold mining company as much as it is a hedge fund.
@EVROADIES
@EVROADIES 7 ай бұрын
No one in the market is so wrong in sharing recommendations for more than a decade as Peter Schiff.. gold miners simply bleeding for decade and more and continuing.. if someone had randomly selected stocks.. I bet they would have made a lot of money.. following the advice lost and losing money and not even adjusted for inflation
@ageless-coach
@ageless-coach 7 ай бұрын
How many more years Peter?
@Jrome3
@Jrome3 7 ай бұрын
By year's end. This year.
@Hawka-Loogy
@Hawka-Loogy 7 ай бұрын
Never. Never
@ZelenoJabko
@ZelenoJabko 3 ай бұрын
​@@Jrome3 Still sure about this?
@serg320
@serg320 7 ай бұрын
Peter ur telling me u didn’t see high labor cost affecting the gold miners?
@Playboysmurf1
@Playboysmurf1 7 ай бұрын
Peter is a gold salesman. He won't talk about the negatives. Mining profitability is greatly influenced by Labor and Oil 🛢 costs.
@WInnerwinnerchickendinner.
@WInnerwinnerchickendinner. 7 ай бұрын
You all need to thank Peter for telling you bitcoin was a scam at $410 in 2014.He knew it was a scam and think about the suckers on the other side who bought your coins at $410.Wonder what car they are driving now they still have your 50 coins they bought off you. Peter knew Bitcoin was a scam .Just say cheeeese to all the suckers who have got your bitcoin now.Thank Peter for the advice.
@keithbellair9508
@keithbellair9508 7 ай бұрын
Buttcoiners should all be in jail for fraud… what a scam.. a bigger scam than magic beans
@maxlewin7807
@maxlewin7807 7 ай бұрын
I sold bitcoin around 300 back then, bought a lot of "stuff", the chart up to 300 looked like a massive bubble. I bet many got out then. I felt like it was a scam all on my own also. Peter's advise will kill peoples retirement chances. I love Gold though, it is doing very well. My family member got all his gold pre 800 bucks.
@jamesfriedrich1150
@jamesfriedrich1150 7 ай бұрын
Is NVIDIA a safe buy to outperform the market this year? I'm tired of these new buys every week, just to make up some assets with low percentage on my $136k portfolio and try to keep everything around 10%.
@Andreallln
@Andreallln 7 ай бұрын
Yes! but still make your own research. And I would avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Or hire/ work with a good market strategist. Youre safer that way
@VanPelt54u7fcyde57
@VanPelt54u7fcyde57 7 ай бұрын
I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $610k portfolio surged, yielding an annualized gain of 28%.
@dogmom-pt5we
@dogmom-pt5we 7 ай бұрын
Your advsor must be really good, how I can get in touch with them as my porfolio isnt doing well.
@VanPelt54u7fcyde57
@VanPelt54u7fcyde57 7 ай бұрын
She's known as a 'Bella Mia Darmon. One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with and set up an appointment.
@dogmom-pt5we
@dogmom-pt5we 7 ай бұрын
I Found her website and left a mail after searching her name online. Hopefully she answers soon.
@EroticOnion23
@EroticOnion23 7 ай бұрын
"The definition of a mine is a hole in the ground with a liar next to it" 😆
@Teno-z5m
@Teno-z5m 7 ай бұрын
😂😂😂😂😂😂😂😂
@MyBrian67
@MyBrian67 7 ай бұрын
The definition of an asshole then is you.
@jeucedudemanbromcdeuce3611
@jeucedudemanbromcdeuce3611 7 ай бұрын
Central banks are the largest holders of gold. If they don't like gold going up couldn't they pump and dump to tank gold? What's stopping them?
@mikenelson7894
@mikenelson7894 7 ай бұрын
You nailed it 😮
@neonovalis
@neonovalis 7 ай бұрын
That is an old wisdom .... the quote is attributed to Mark Twain. If inflation for miners (labor, equipment, fuel) goes up steeper than the price of Gold then it is inevitably that profit margins are shrinking in the mining sector. Most mining stocks are now belew the "covid low" of 2020.
@flipvansaksen774
@flipvansaksen774 7 ай бұрын
Rich people take advice from well paid consultants, poor people from KZbin. Guess who is making money. And those who sell ‘free’ advice are selling other stuff too. Don’t be fooled.
@wiliys1
@wiliys1 7 ай бұрын
These podcasts should come with a warning: "CAUTION: Listening to Peter may be hazardous for your financial health." But hey, at least mr. Schiff is consistent. Consistently wrong when it comes to investment advices.
@erikbusenbark4865
@erikbusenbark4865 7 ай бұрын
I like you Peter, but all of your gulping and chomping and smacking 25:46 your lips all the time is a bit too much to take!
@lacitysun
@lacitysun 7 ай бұрын
He's human. It doesn't have the polish of a big production and I kinda like it myself lol
@outlaw565
@outlaw565 7 ай бұрын
Erik are you serious? What are you some kind of podcast behavior police? I cant believe some of these totally stupid comments.
@ef7480
@ef7480 7 ай бұрын
You should pay a BBC tv licence in that case...
@sirwinston-nk6vt
@sirwinston-nk6vt 7 ай бұрын
Please stop talking g about bitcoin lol, you literally have been wrong and always will be with your gold infatuation lol
@WinstonSmith-e5f
@WinstonSmith-e5f 7 ай бұрын
If gold is the answer- why are you on KZbin with bulk advertising, etc? Colour me confused, or just trying to sell your book?
@jhull5870
@jhull5870 7 ай бұрын
Schiiff has been saying the same pyscobabble for almost 10 years.
@morganvon5664
@morganvon5664 7 ай бұрын
Actually, he's been saying it his entire career.
@Cutlerypotato
@Cutlerypotato 7 ай бұрын
You've lost so much money selling us stocks to buy gold and foreign dividend stocks. Don't listen to Peter he's just trying to promote his business
@holdenc3082
@holdenc3082 7 ай бұрын
This guy has been wrong about everything for 20 years now.
@MJ-zb4lv
@MJ-zb4lv 7 ай бұрын
"The market just hasn't figured that out." 37:07. I used to be a big defender of Peter but now it's just embarrassing. This guy's take is just so tone deaf it hurts
@QuilishWammy
@QuilishWammy 7 ай бұрын
He is being tone deaf on purpose. 😉 The purpose of his channel is to convince idiots to buy gold. he'll say whatever it takes to accomplish that purpose.
@MaxAntihero11
@MaxAntihero11 7 ай бұрын
Sounds like the New York judge wants to be a banker instead of a judge. Hopefully the new York judges will let this judge go so he can chase the career of his dreams.
@Playboysmurf1
@Playboysmurf1 7 ай бұрын
We can't wait our entire lifespan for peters gold moonshot. I've been listening for 17 years, and it hasnt paid off.
@zkfrost3111
@zkfrost3111 7 ай бұрын
dont wait for a moonshot in gold instead look for capital gains in stocks or crypto and put into gold which will slowly go up overtime
@maxamillion6958
@maxamillion6958 7 ай бұрын
@@zkfrost3111- exactly people don’t understand that.
@michaelric3540
@michaelric3540 7 ай бұрын
It’s only supposed to be 10% of your portie my friend.
@Ratimir101
@Ratimir101 7 ай бұрын
Idk, I’m not rich I just like to listen to Peter talk about current economic trends, if was rich from what I learned from Peter I would have some gold and probably some gold mining stocks, but I definitely wouldn’t be looking forward for gold to skyrocket, since that will basically mean that world economy went to sh*t, sure I would be better off then with gold but world would be nice place for some time then, understanding that gold value is mostly constant, what you can buy for certain amount of gold is almost the same, while government currencies always lose value over time, so you always need more to buy equal
@maxamillion6958
@maxamillion6958 7 ай бұрын
@@Ratimir101 - same here.. He’s a macro economist
@jackblack5962
@jackblack5962 7 ай бұрын
NEM came out with 50 cent EPS, a good result promising a future 6% yield, and the stock tanks 6%. I am just enjoying these moments
@Pik0l0
@Pik0l0 7 ай бұрын
Good buying opportunities. Couldn't help myself but to buy some more 😂
@josephwong604
@josephwong604 7 ай бұрын
They dropped the div from 40 cents to 25 cents. They announced a buyback though, but only 2% of their outstanding shares.
@debwes1
@debwes1 7 ай бұрын
Hey Pete, I only need one new buy to beat the market this year. I'm sick of seeing new recommendation for new buys every week. I'm trying to stick to a 15%-20% allocation for all of the assets in my $250k portfolio. Can you help me?
@MarvishaN
@MarvishaN 7 ай бұрын
If you lack knowledge about market investing tactics, get advice from a financial counselor. Dont think here is the place for that.
@georgeh.5126
@georgeh.5126 7 ай бұрын
Agreed!this is why I work with one. My $420k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
@georgeh.5126
@georgeh.5126 7 ай бұрын
Her name is 'Heather Lee Larioni’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@TomTabaczynski
@TomTabaczynski 7 ай бұрын
45:00 That is the best point in a long time. Well done. Everyone should be making this argument all the time. O'Leary is doing rounds saying that this is really bad for New York, but your point is even better.
@maxamillion6958
@maxamillion6958 7 ай бұрын
Everyone should ignore everything going on with Trump. It’s all a dog n pony show psyop!
@markymarkjapan
@markymarkjapan 7 ай бұрын
This guy has reached cartoon character status. Gold and miners are horrible investments. The proof is in the pudding. He'll be saying this for years to come while all those taking his horrible advice will have missed out on investment opportunities of a lifetime with companies embracing AI. You are all better off buying the likes of BTC miners MARA and RIOT.... Gold is dead. Hell, just buy the S&P 500 index.
@ivailopetrov3191
@ivailopetrov3191 7 ай бұрын
Peter Schiff is not putting his eggs in only one basket, unlike you zombified bitcoin / AI maniacs. So don't worry for him even if he loses something, at least he has something to loose with his "horrible" investments.
@jefftri
@jefftri 7 ай бұрын
Great message from Peter which just reinforces that a smart and successful business person would never dare enter the field of politics to try and better the nation, and why the crooked narsisists end up with most of the positions in government.
@rustyshackleford2719
@rustyshackleford2719 7 ай бұрын
Newmont requires their workers to get the jab. Screw Newmont.
@ktmracer3500
@ktmracer3500 7 ай бұрын
The much bigger problem for Peter is that “investing” in Newmont has been a dead money resulting in little to no monetary gain over 2 decades.
@povarful
@povarful 7 ай бұрын
Sucks . I like that company
@Pik0l0
@Pik0l0 7 ай бұрын
No one gets the jab these days?
@DigitalDissident
@DigitalDissident 7 ай бұрын
that's a very good reason to never support them, thanks for bringing this up.
@DenisGartman
@DenisGartman 7 ай бұрын
I don't care if a company requires workers to dress in drag, as long as I can make money off of them, it doesn't matter! Unfortunately for Pete, he's not making any money from his Newmont investment...yet.
@JR-eq6jz
@JR-eq6jz 7 ай бұрын
The tech stocks will top only when Peter buys NVDA and SMCI. 😅
@tombox2759
@tombox2759 7 ай бұрын
Peter was right once - a hundred years ago. Too funny the changing spin. Its a AI world now.
@veronicakario8837
@veronicakario8837 7 ай бұрын
What's the best AI stock buy now...
@tombox2759
@tombox2759 7 ай бұрын
@@veronicakario8837 Just buy the S&P index all the AI stocks are overpriced. Buying a index is safer but you still get exposure. The AI bubble will burst meaning AI stocks will crash the markets but AI itself will continue.
@Nordy941
@Nordy941 7 ай бұрын
Party like it’s 1999. Sure seems like this won’t go on forever.
@outlaw565
@outlaw565 7 ай бұрын
21k for a golf cart? How stupid can someone be to spend that for a fkn golf cart?
@yoxat1
@yoxat1 7 ай бұрын
Depends on the golf cart now doesn't it?
@jeffreybrewer8649
@jeffreybrewer8649 7 ай бұрын
Schiff is WRONG about dumping.-- dumping is a problem. It is a common and long-established tactic for well financed (sometimes govt backed) entities to dump, take a loss, but in the long run they drive their competition out of business. When the competition is out-of-business then, the previous "dumpee" who was taking a loss, raises prices once they have a monopoly
@azerovc
@azerovc 7 ай бұрын
New York needs money for giving huge gifts to migrants, so Trump, pay up!
@michalsavatar7
@michalsavatar7 7 ай бұрын
Gold has moved sideways for 15 years. The only thing thats changed is Peters appearance. He will be 91 and on his death bed cheering that gold dropped $20 to $1870 because its a "buying opportunity".
@wimvanaerde6249
@wimvanaerde6249 7 ай бұрын
Hahaha 🤣🤣🤣🤣 exactly
@michalsavatar7
@michalsavatar7 7 ай бұрын
@@wimvanaerde6249 Believe me, it gives me no joy posting a comment like that. I've been stacking and saving my hard earned money for 15 years and in hindsight, it's proving to have been all in vain. Why hold honest money (gold/silver) in a dishonest world? I just don't know anymore.
@keithbellair9508
@keithbellair9508 7 ай бұрын
Been true for many other pundits.
@stevechilcoat2353
@stevechilcoat2353 7 ай бұрын
I am buying some semiconductor stocks because of FOMO and to support my mining stocks like NEM.
@Stoneface_
@Stoneface_ 6 ай бұрын
What stocks you buying?
@stevechilcoat2353
@stevechilcoat2353 6 ай бұрын
@@Stoneface_ klac, amat, asml, intc
@ACzechManGoingHisOwnWay
@ACzechManGoingHisOwnWay 7 ай бұрын
Alex Jones and Infowars was even more absurd. The guy got wiped out for like $1 billion on emotional damage charges.
@mattmatt6572
@mattmatt6572 7 ай бұрын
Nobody's feelings are worth $100
@maxamillion6958
@maxamillion6958 7 ай бұрын
It’s all B.S. made to piss you off. Enjoy the dog n pony show /Trump psyop
@tboogie44
@tboogie44 7 ай бұрын
And AJ wasn’t even the perpetrator. He was punished for the actions of others. Another blow against personal accountability by the Dem judicial system.
@CorTec
@CorTec 7 ай бұрын
When I started CUDA coding on nv GPU's like 12 years ago or whatever, it blew my mind. I instantly understood that Nvidia would change the world, it was so obvious, the power and possibilities were simply mind bending. I think the problem Peter has is that he doesn't understand the tech. Nvidia is not worth 2 trillion dollars, it's worth 200 trillion dollars. No amount of gold even touches the power of technology. There is no limit, if you understand the technology, you get it. If you don't you don't and that's basically it.
@aaronb8698
@aaronb8698 7 ай бұрын
This is as big of joke as goverment sosalisam programs as well... Sherman Act, Section 1 (15 U.S.C. § 1). Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony . When a couple companies own or site on the board of 75% of all us companies we are not living in a free market and you are practicing neither sosalisam or capitalism but surfdome. Return the constitution back to schools and to the white house.
@jeffreygoss8109
@jeffreygoss8109 7 ай бұрын
I’m no Trump fan, but with Genocide Joes actions I’m becoming one. This lawsuit is a waste. It is the banks job to due diligence. The Georgia case has merit but Fani Willis is just as corrupt. Paying a boyfriend and firing a whistleblower is more harmful than something that came to nothing.
@bepnds
@bepnds 7 ай бұрын
Nothing wrong with having cash, & people can run their business however they want to. What happened to Peter Schiff? “Obviously cheating on his taxes. “. What the hell do you care?
@bellad1063
@bellad1063 7 ай бұрын
Fanni in GA, it’s totally irresponsible at the least and unprofessional. Still doesn’t change what Trump did unfortunately for him.
@povarful
@povarful 7 ай бұрын
Unfortunately , I could order 1 gram of gold today. I can't afford anymore.
@slickwillie4535
@slickwillie4535 7 ай бұрын
In this economy be thankful you can afford it. Chin up!
@codycast
@codycast 7 ай бұрын
I just got 14 more ounces. Now have 62oz
@povarful
@povarful 7 ай бұрын
@@codycast you are a monster bro!! Good job! Boy!
@povarful
@povarful 7 ай бұрын
@@slickwillie4535 thank you
@giddysmiles2901
@giddysmiles2901 7 ай бұрын
People have diverted the euphoria from gold to Bitcoin now. "AI", virtual mining vs real gold and silver mining. Wall Street has been pumping Bitcoin and cryptos.
@bpb5541
@bpb5541 7 ай бұрын
We are getting ready to have a liquidity, collateral, and credit crisis. All assets are going to go down, gold, BTC, house prices, commercial real estate prices, stocks all of them. The only thing that might do well is going to be commodities and the middle to long end treasuries. Gold is not a hedge to a failing economy it is a hedge to a falling dollar. When things go bad do you think the dollar is going to go up or down. That gold traders is what you might be missing. I think the dollar goes up.
@michaelcharette8708
@michaelcharette8708 7 ай бұрын
Same old song and dance . Hold the line until the ship sinks . I have my ira in your company it has made 0 in the last 5 years. Why is it that only you can see the great value of gold and the rest of the world laughs . I have some decisions to make
@zakwallner
@zakwallner 7 ай бұрын
I disagree with you about product dumping. These companies that are dumping products are willing to go into heavy debt in order to squeeze out competition. These foreign companies are essentially creating cash flow constraints on domestic companies to the point where the domestics have to completely cut the production of their product/products because they simply can’t afford to pay for production. It’s sort of comparable to “loss leading” products. The goal of product dumping is to last long enough at such a low price that it forces the competition out. Once a foreign company scoops up enough market share, they are then able to raise prices and control the market. It’s the long version of monopolizing an industry, instead of acquiring exclusive market control, they force market control by squeezing out the companies that can’t operate at heavy deficits.
@babelnumber5
@babelnumber5 7 ай бұрын
Best quote of the show,... Less loose isn't tight!
@DexterHaven
@DexterHaven 7 ай бұрын
That's what she said.
@michaelc1063
@michaelc1063 7 ай бұрын
HYPOCRITE SHIFF 🤡 SAME THING HE DEFENDS TRUMP ABOUT IS THE SAME THING HE SUED AUSTRALIA GOR 🤡🤡🤡
@rhysfastiggi4345
@rhysfastiggi4345 7 ай бұрын
Could have done better if they didn't steal the 2018 midterm and take control of the house. You never tell the whole story.
@Antique803
@Antique803 7 ай бұрын
When reality is fake, it’s still reality. No matter what the reason (unnatural exuberance) or whatever…the market is going up…wtf?
@theceltbeserk1
@theceltbeserk1 7 ай бұрын
China can subsidize its companies for far longer than US companies can stay solvent. It's how they have cornered the market in so many areas. 58:57 Despite tarrifs, trade defects were higher because the economy was better and we in the US still consume more than we produce. Until that changes, our trade defects will continue despite all else. 1:01:00
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