How to Profit from the Coming Trump Train Wreck - Peter Schiff

[@TheJayMartinShow]

For weekly investing insights - and free eBooks - from the world's best investors --> CambridgeHouse.club

[@hughmungus370]

😏😀 Wow!! Who would've known that all our bodies needed to be safe(healthy) from illness(covid19) was a paper mask over our mouths...? Unless you're vaccinated, then you don't need a mask? But if you're born or live without a mask you might be sick, ill or dirty... And maybe not even know it? So, When do we start passing out armbands or yellow stars? And... is there a special camp with free showers for people who still aren't vaccinated? Or do the un-vaxxed just not get to work or shop for food? 🤔👀

[@12InchesUnBuffed]

Fast forward to today and Peter Schiff was right again, QE4 is bigger than QE1,2,3 combined!

[@Gman290a]

Listening to Peter in 2006 saved my family from being wiped out & now that we have gold & silver, we are in a very good postion. Peter may rave on but don't ignore him. He may save your wealth & your life. I hope you doubters read this.

[@12InchesUnBuffed]

@@Gman290a agreed, i only started listening to him in 2018 when i first saw his podcast as a "suggestion" by youtube. so i clicked and dude made a lot of sense. i do not own 100% gold/silver but i definitely made adjustments to my investments. Instead of owning bonds, i completely sold all my bond holdings and replaced them with gold/silver physical and miners. The rest of my portfolio are then invested in equities, im still heavy on USA, but im glad i replaced my bonds with gold because those are my biggest winners since 2018.

[@johnmcminn9455]

Rocky 2 had Clubber Lang , but then came Dolf in 3.

[@alo8384]

@@johnmcminn9455 rocky 2 was Apollo creed again where he wins. Rocky 3 was clubber lang and rocky 4 was the russian

[@rberding]

The average American is not buying gold or stocks because the have no savings.

[@TwinShadowX]

Need to find people to invest with you

[@jaygold4467]

Schiff is a carnival barking gold salesman.

[@scoutwithoutclout]

But if inflation's been rising why isn't gold higher? And if we're about to enter a period of deflation does that mean gold will go lower

[@shirtjuggler]

Scoutwithoutclout look into GATA

[@PaddyDogg]

Much like the average European

[@Ellwoodsss1]

People laughed at him and said he was a kook. He called it

[@Gman290a]

@JJoe Bill Gates did....... Oh that's right, he is heavily invested in the Pharmacutical industry.... nothing to see here folks, move along...

[@consciousfuture9682]

@JJoe The pandemic is a plandemic. A hoax to cover up the economic collapse and to bring the NWO order and kick in UN agenda 21.

[@OM-el6oy]

GmanXRP what percent of his wealth is in pharmaceuticals? Probably less than 1%. Bill Gates is just smarter than you and I (he created the OS Windows) and was able to draw a conclusions through making observations about the world around him. And btw, Gates was not alone in predicting a pandemic. The research community has been warning about the potential of a coronavirus outbreak from that same bat species for some time now. You conspiracy people are now surprised that the scientists predicted the wuhan virus. Like hello! It’s almost as if you should listen to scientists when they warn you about things!

[@johnmcminn9455]

"I didn't know reckless monetary policy would be called, "Q.E." "Now there is more Q E than Rocky movies."

[@kevinoverholtzer3126]

until we start making stuff again we will not have a true recovery.

[@bryantint1339]

Especially in land mobile radios, such as Midland Radio of Kansas City, Kansas. We need to bring back Midland Radio production back to Kansas City, Kansas, USA. However, we have a cultural flaw and decay in USA of selfishness. Diplomacy and being stingy is my policy.

[@ryanbeck7166]

If we're manufacturing for US to consume, fine, but we should not be trying to use our labor and resources, to ship them out of the country. Currently, we send foreigners dollars, and they use their labor and resources, then send us real resources. We are winning the trade war, but no one seems to get it. The failure of our government is, we don't employ/train workers that are displaced by trade. We need a federal jobs guarantee.

[@beja8694]

Manufacturing, even with a strong dollar, is surging. Surveys are strong and manufacturing new hires have surges back to the most since 1997 levels. And this is despite a strong dollar AND tarriffs! Things are turning around but it doesn't happen over night

[@williemo44]

The biggest winners in the market are American Innovations. Unfortunately, globalization has prevented us working Americans from participating in that success. Facebook, Amazon, Netflix, and Google. India or China didn’t create these but they benefit more than Americans do from their success.

[@4dimension78]

@@bryantint1339 I agreed however greed is what big motivator for many companies and is just economics if you think about it. They are not bringing manufacture back to the USA they are getting out China since they are getting kick it out because the trade war with China but they are going into other countries such as Vietnam, Taiwan, and other countries where they can get cheaper labor and the environmental laws are non-existence.

[@matthewjuneau1245]

I LOVE Schiff, however it’s hard to say when exactly this bubble will pop. I would love to see him more. He makes sense to many people, which is why most of the media who loves fed policy does not extend invitation for appearances

[@Monk-Amani.]

Well, so much for anticipation.

[@SAZ-3500D]

Monk Amani hope you have gold!

[@citycams-fc]

Bubble will pop when everyone will be worried about too high inflation, watch the headlines

[@kosmonautofficial296]

@@citycams-fc getting closer

[@stsmithdream]

VA and FHA homeowners need to lock in their refi at 2.25% before rates rise too much.

[@DavesHangar1958]

I am not an economist. I'm a truck driver and I haul cars on a car carrier. What I don't understand is that if assets like gold are going to be worth so much when the US Dollar collapses, why are they trying to sell it now? And furthermore, if they sell it to us now, what are they getting from us in exchange? Paper currency. If the US dollar is going to fall what good will this currency be to the people that sold us the gold? Please explain this to me.

[@luunguyen4931]

Gold is the basic commodity before currency was invented, so basically gold is the measure for paper money. Money can be printed like paper if so the money have no value, it was backed by the first most expensive commodity - gold. Gold is somewhat the basic root of economy of system.

[@coltennabers634]

When the US dollar collapses, it's not gold that is going to be valuable - it's bullets and band-aids.

[@AmazingJunkie]

Poliphodiles UniteI lol

[@coltennabers634]

?

[@bbs32]

The two parties hold different beliefs about the value of gold and that of dollar. The buyer believes gold value will appreciate while the counter party thinks holding dollar is a better bet. Both parties want to profit from this trade. Only time can tell who is right.

[@EddieVBlueIsland]

Always do opposite of what the "experts" say

[@brucec43]

It is what you wind up with when you need to sell your assets to live on that matters, not annual gains, unless you are a person who spends all his investment income each year to live on. So, you can do it this way. 1. Hope the economy bubbles on up forever, forget gold , and invest in stocks and over time make an average of 8% for several years. Then, if the wheels do come off, you will be stuck with paper assets, no way to buy gold even if you could afford it, and in a currency collapse serious issues. Many companies will fail, causing your index funds to fall as well. And on top of this, you could lose your job for a long time in a depression. 2. Or, you can use gold as insurance. If things continue status-quo, and you're "wrong", you still have a good job, a good lifestyle, and can save for retirement slowly and earn very little on your small investments in stocks and such. But if your'e "right" and the economy and currency collapses, while everyone else is becoming homeless you could get wealthy pretty fast. Because you have what everyone wants to buy to protect their wealth. The latter strategy is safer, and if you have confidence in your job skills you will never go wanting. Even if you lose your job in a crash, the gold appreciation will more than make up for it for many years. The problem with being right early is you have to wait for everyone else to understand what you understand now to profit from it. But if you're wrong and even a single day late, you could lose it all. Only fools track annual returns. What matters is what you have when you need to sell it to live on in retirement.

[@georgeclarence7313]

The man himself. Peter Stiff. And I started paying attention now in all circumstances

[@quicksilva155]

"QE as a monetary roach motel" HA!!

[@pbaklamov]

If you had $5k of gold in 1971, today’s worth is $145k...mic drop!

[@andresll.9366]

That is terrible..

[@ProdTec]

Not adjusted for inflation, it's really only worth about $29,000 in today's terms. Terrible ROI compared to most index funds.

[@mar504]

If you had $5k in the DOW in 1971 you would have $168k today lol

[@tylercobb8293]

Really it is. Not good. Wealth is wealth no matter how it is made. Sell what sells.

[@jumperstartful]

The book I'm reading says that it will be one days wages for one meal.

[@maryrenaud6732]

@Jay Aeecee The book that says this is the Bible!

[@The_Halo_Effect]

what book

[@AnthonyTolhurst-dw1nc]

That’s bloody cheap in Hard Times, you’ll see

[@Lookout4the3rdrail]

What kind of meal are you eating ?

[@ArchDuke_JD]

oct 2019 and i still dont see any bubbles popping :) GG on the gold pitch tho lol

[@Jigsyboy1]

Fed did reverse rates....and Repo Madness is in full swing. Bubbles are popping....Fed trying to control it. Oh yeah Yield curve also inverted....but i guess you are right.....nothing to see here.

[@slash2jimi]

Wait for 2020.

[@2k3SteedaGT]

Jack Nash you obviously have no idea about risk and diversification, do you?

[@poulwinther]

Why don't you check out the dept clock? The past half decade upswing has been 100% funded on loans, by now bigger than all government assets combined. Current governing is a pre-school example of how not to run your economy. If you don't know what happens when governments just keep printing money; have a look at Zimbabwe.

[@poulwinther]

@@2k3SteedaGT you obviously have no idea about sarcasm and humor, do you?

[@angelitavenegas5619]

How can I buy hold from Schiff Gold? Can I sign up also for uoyr news letter?

[@dennisduran8500]

The crowd is enjoying the free sales pitch dinner!

[@ericsemidey]

So 2018 has seen 3 rate hikes already. Does that mean this speech is not aging well?

[@johnellis3757]

Eric Semidey wrong! We are now seeing QE: July 25 bps cute by Powell and we now expect another in September, and gold now is up!! Ty!!!

[@matrixab4356]

I see you Gregg Popovich

[@nobullorganics]

took 3 years after his book was written to come true. this video was produced in 2017 ...so bubble will burst summer 2020?

[@oroville12345]

That's what I hear

[@miseseconomics]

Still haven’t bursted

[@TwoDollarGararge]

Any advice for a 17 year old that wants to do something with there life

[@vertabrate1]

did he forget the main reason Nixon took off the gold standard was because of the cost of the Vietnam war?

[@alexp3752]

No. It was because President Charles de Gaulle of France was hell bent on redeeming French-held US dollars for gold bullion. Fearing such demands would drain US reserves, Nixon close the gold window. I remember it well.

[@gumboot5160]

19:30 min 'You can't create an economy that is completely dependent on fake money and then take that cheap money way, and think that the phoney economy that you've created is going to exist absent (of) that cheap money." You have to be careful with absolutes like the word 'can't'. You could create a new economy if you used the cheap money to lay a sound foundation for world-class productivity. But has such a foundation been laid? My guess is that it hasn't been, as that is a very very hard thing to do. It would require the whole nation pulling together - focused on one goal - like winning World War II for instance.

[@AnthonyTolhurst-dw1nc]

I honestly do not know if that kind of people exist anymore. It was a different age at that, people living then still remember when helping neighbours was necessary in a newly mechanising society. Still plenty of horses too, and large populations in rural districts and not everybody had a car. They had then to suffer the GREAT CRASH in 1929, a long stagnancy, then a war which they (America) claim they didn’t start. So America DID create a productive society unseen prior: man, did they put their shoulders into it. And deservedly enjoyed the life they had created. The new common wealth was shared by all. Now they are passing on, and children benefited greatly from their parent’s thrift. I don’t see the 18 year olds being willing to draw together for a common purpose today. Life has been about “ME” since the 60s, and the then society STILL hasn’t absorbed and integrated a common goal since the age of CREDIT.

[@paulsusac4839]

Have you EVER heard Schiff say things are going well? Clearly, he knows that so long as you are nervous you will buy his product!

[@AnthonyTolhurst-dw1nc]

Each man has an opinion. Each man creates an idea. Listen by all means, what he has to say is REALLY INFORMATION ONLY, don’t buy anything from this retailer of his own product. AMWAY is the american way. So collect his knowledge along with as much other knowledge as you can gather comfortably, and take a quiet time to think thru’ all of it and then exercise your freedoms to plot your own path thru’ the minefield . . . . And form your OWN. ONCLUSIONS. That’s what good education is for; to compare stuff other than your own life’s experience. Otherwise, we a may as well be wearing Mao Suits from the 50s. Never close your ears, life will AWAYS BE BIGGER than the sum of each one of us. It’s where progress comes from

[@LUMASOUND]

Profit from a Trainwreck? What kind of mindset is this? Time to focus on preventing trainwrecks and the hardships they cause on the innocent and hard working people. Enough of this me, myself, and I thinking and behaving. Time to wake up.

[@rikeshpatel1237]

"Invest in gold, invest in emerging markets, fed will start cutting rates". Since this talk, emerging markets have collapsed. Fed is still doing rate hikes.

[@iLxXxLupo]

and they will continue to do so until they dont. no matter how you look at it we are 21 trillion in debt. it will never be paid off at this point its impossible so the collapse of the dollar will come. it literally has to by the laws of economics

[@ericdelanoy9570]

Wrong

[@lorrainejacobson6737]

In the last ten years the money hasn't been loaned in the small communities. Not one house built in my town in many years. Most of the people have no extra money any more.

[@whiteknightcat]

You didn't say where you were located, or if people are moving away from your location. Here in central Texas, population and housing has been booming for almost a decade now and housing is becoming less and less affordable, even in some rural areas. Rents are through the roof.

[@goldmine3007]

this man will be one of the few that will be the richest alive.. there is so much resistance whenever this man speaks.. HE WAS RIGHT ABOUT 08 .. and so many other things that are coming above in today's time...

[@roguebotanist]

Try eating gold when you can't access food and clean water.

[@giantkilleroverunity]

The numbers don't lie. Phil Grande is saying the same thing. Stay out of stock and wait for gold, natural gas and oil which at this time are getting beaten down

[@flyguy22190]

Where's part two to this video?

[@juju10683]

He did not mention real estate at all. Does anyone have any predictions as far as real estate pricing? If there will be a recession one would expect housing prices to fall, but Schiff seems

[@juju10683]

To think inflation will accompany this next recession. Does this mean real estate prices will nominally increase instead of decrease? Or will we see an increase and then a decrease?

[@zr1rob]

Price does NOT equal value, what denominates the price DOES.

[@elements1985]

What about gold and silver stocks? GLD and SLV.

[@emperoralvis6559]

Gold and silver are worth nothing unless you can hold it physically

[@malcolmjw8750]

I think he had a wee bit too much wine over lunch.

[@MktNinja]

Excuse me Mr. PS but why not mentioned raising tax on the top 10% and cutting defense spending. Cutting entitlements will reduce consumption among the bottom 60% and cause them to rely more on credits and increase consumer debts. Excuse me again, I'm not a Dem, but Clinton did leave office with a surplus. So there is a way to get out of this dire consequence that began with Bush II.

[@compresswealthdivideeconom3757]

Stock market is 4X overpriced currently per historical measures for an economy in the toilet. Real GDP growth upon proper accounting has been deeply negative 9 years running. This is the worst time in our history, financially.

[@angelitavenegas5619]

PLEASE , tell me more!!

[@F.W.I.S.]

Hmm...Peter, Would you say that the massive tax cuts for the wealthy and corporations under this Trump Administration is another example of "Free Lunch" or "taking away something and replacing it with nothing?" Free markets, neo-liberal policy, a war-economy, massive private-sector debt and bad Fed policy favoring finance is what got us here in the first place. The one thing we can agree about is that this game is over!!!

[@YHirschmeier]

2 minutes in: why did americans stop buying gold. Because the rest of the world is buying gold. Gold is up more than the s&p 500 ytd. americans are buying plenty of stocks. ah now I understand thanks Peter

[@bobsingh5521]

GOLD !!!!!

[@matthews95_]

When you say buy gold, how?! If I buy gold stocks and hold them over night, it’ll drain my account maintenance balance with overnight fees

[@tylercobb8293]

Are you borrowing money to invest?

[@matthews95_]

Nathan Cobb yeah that’s the mistake I made back then, I now have a TFSA no margin

[@tylercobb8293]

Well done. Im new. But I can see those calls in red. I had a friend. Im starting to learn myself. Be safe.

[@jamesstewart8054]

Awesome Peter you speak the truth. Cheers, James.

[@robertfeinberg748]

Reagan, also a lifelong Dem, governed as one, fell under the spell of Tip O'Neill, and people were shocked at how much he spent. LGBFJB!

[@davidchapman3375]

There should be a fractional lending tax on the banks themselves. If they can loan 90% of actual stored currency, there should be a significant tax % on these magic dollars. Why has no one thought of this or implemented this concept?

[@baileyhampton7369]

David Chapman that’s an interesting thought. Could offset some of the created money and make up some of the revenue lost from tax cuts. Problem is dwl. In this market the demand for loans is already not great and the dwl from the tax could be pretty damaging. What are your thoughts?

[@empirerequiem855]

You put one dollar in bank and they can loan 9. And now they don't need your one dollar, cuz the fed banks lend it to them at negative interest rates.

[@johnfaruzzi5452]

Peter is the man!!! He calls it right all the time!

[@freecyclemichaelczechvar7598]

This man tells the truth

[@offdaheez]

Steady buying silver.

[@jaygold4467]

Then your wasting your money.

[@offdaheez]

Silver IS money. So is gold. Always has been, always will be. Come whatever, paper or digital.

[@jaygold4467]

It's only what its worth. And its been going down. People have lost all their money in it thanks to Schiff's carnival show.

[@zironemegeaz]

gains are ofcourse better with paper with the FED pumping it short term thats why they use fiat but silver and gold are vital components in both modern life and protection against fiat crashes

[@don8668]

I have not lost any money buying silver. I wait for the dips and then I buy in bulk. Americans are the only ones not buying gold and silver en masse while the Indian and Chinese governments (as well as their citizens) are buying all they can get their hands on (with US dollars not doubt).

[@latestsports-viralsportscl3971]

Problem is gold has gone down since this video, and stocks have skyrocketed. Will gold ever surge again? Probably. But people underestimate just how much gold is manufactured every year. If you hold that as currency, it's getting devalued too.

[@brotherhood1001]

Latest Sports - Viral Sports Clips you might be able to mix gold with other metals, but it’s scientifically impossible to manufacture pure gold

[@latestsports-viralsportscl3971]

Sorry StockBoy, I don't think your comment applies to mine. I'm simply saying that gold is mined every year. And more and more is mined exponentially.

[@kevinoverholtzer3126]

what caused the last collapse was housing being to expensive. no one could pay their loans so the banks whent belly up. The underline cause is gone so I don't see a collapse coming.

[@the430movie]

Americans can not afford gold @ $1250 an ounce while this economy is still a low and minimum wage generated economy...

[@blackhorse11thACR]

GarBlaineNavy Your right. You don't have to be rich to own gold. Those that have made a fortune on stocks will keep buying stocks. Gold is money and it doesn't take a genius economist to put away whatever you can spare and even if you buy grams of Gold and ounches of silver you will see that you have made a wise choice. Don't have to be a millionare to increase the value of even a little savings. Seeing an Egyptian Billionaire who moved half of his fortune into Gold is speaking volumes.

[@TheJayMorra]

Hi, do you have any places to recommend for me to buy gold grams?

[@Seaneey]

Listen people gold/ silver is only for safety. I would not recommend that anyone pour all their money into this venture. He's correct with what he's saying about gold in general & that's why he's a broken record. Not to follow the small gains or losses right now, but to safe guard yourself in the long term.

[@snoflake9485]

Americans aren't buying gold because they're going after those steel sports stunners.

[@harryzero1566]

The wealth transfer from East to West started years ago. Investing 10% in precious metals is sound advice, BUT try investing 10% of nothing in a store of value that requires payment in advance of shipping. All I can suggest is better late than never.

[@harryzero1566]

CORRECTION From West to East

[@jameswinterfield765]

my job as a lawyer prevents me from really sinking my teeth into the economy and whats going on ?.................why doesnt everyone just emphasis the positive ?? isn't that what your supposed to do?

[@dony7476]

Cycle always comes. Metal prices grow and shrink over and over. Equites crash then grow again. Inflation never stops. Need to be in on them early before the change. In fact , many have tracked a collapse occurs about 7 yrs intervals, not consistently but close.

[@robertfeinberg748]

Peter was wrong, the Fed did have another bubble. It has added support of the stock market to its mandate. LGBFJB!

[@brucetheviking]

owning gold as a piece of paper saying its backed by actual gold is owning a piece of paper, there is not enough actual gold to cover the paper promise, this has been the problem since banking started. if anything maybe buy actual bullion or coins and get a safe!

[@frederick6650]

Man that constant background noise.. is it just me or this is considered very rude to laugh, talk and not give your full attention to the speaker at a conference you're going to?

[@rdesarle]

When he promotes his company his eyes are shifting all over the place.

[@user-xs5fj3ms2l]

I vividly remember when the Iranian hostages were taken and how gold began rising. By the time Reagan took office, they were released. During that January gold reached $850 an ounce. It had more than doubled within 18 months. Inflation was a real threat. But Reagan made some immediate decisions that cooled things down. A few years ago, I opened a gold-savings account for free. I buy my gold when I want to and if I don't buy any gold for months, it costs me nothing. There are no monthly fees or inventory requirements. And security and privacy are highly valued. No one knows how much gold I have. It's none of their business. A gram of gold is still less than $100. Gold is God's money. Gold is real money. I am not buying into the idea that Trump is the answer to our future crash. Even if he gets re-elected, there is a Democrat coming after he has finished his term. Things will not get better. We have more bubbles in our economy than we did in 2008. Our economy is very volatile. It would take very little to tip it into a fall. Our next crash will make the Great Depression look like an adjustment. I'm calling it the GREATER DEPRESSION. No one will escape it. I am hopeful Trump will be around for another term. It will make it easier to buy gold. Eventually, I'd like to have a few hundred grams. It could make it possible to buy up the countryside and prosper. I buy from Karatbars International and I am an affiliate because it is affordable, portable, (I keep a few cards in my wallet) and it's exchangeable (in the event SHTF, I will have something to trade for food or gas or medical or even housing). What will you have? www.richardsgoldmine.com Visit this website and if you have any questions or need help, give me a call. If you don't take action today, you will get distracted and forget. So call me today.

[@mikeklassic78]

Stockpile gasoline and pigs...its gonna be like "mad max beyond thunderdome" round here soon! Folks arent buying gold because their proabably more worried about where their gonna get an extra 50$ to pay their rent after working 40 + hrs a week...

[@greigsanderson9673]

The richest people on earth have most of their wealth in stocks and shares, not gold.

[@ahmer9800]

Preferred stock holders and they're creditors, not average class b share investors like us. If companies get destroyed in a collapse, we get nothing. Creditors and preferred stock holders get most.

[@angelajeffrey7431]

ahmer9800 I agree with you, but you also need to include real estate. The current FMV goes up and down but the asset does not disappear. The issue is whether it's already leveraged and whether it's income producing and if so whether it's due to rent, mining of minerals and resources, farming, etc.

[@emperoralvis6559]

Because it’s better short term than gold.

[@trussmonkey5910]

I thought consumer data is the new gold.

[@AnthonyTolhurst-dw1nc]

Gold is Gold. Everything else is temporary tulip style insanity. There is no time limit for anything other, including fiat currency. When push comes to shove, and it always seems to do, I guess it can be burned to stay warm. Worst comes to worst, coins can be beaten into nothing, just for something to do Retardistani’s.

[@compresswealthdivideeconom3757]

No affordable health care until we get the overpaid health care salaries down.

[@alexp3752]

It's not the salaries. It's the litigious nature of medicine, lawyers, insurance, overbilling, inefficiencies, and lack of free markets to encourage competition.

[@MilanElan]

@@alexp3752 absolutely correct! It should be patient and doctor, with a receptionist, with nsurance tiers based on patient risk. I have ok genetics and try to stay healthy as much as possible. I should not subsidize others unhealthy dna nor unhealthy lifestyle. Evolution works for a reason.

[@aeopmusic]

14:25 - the first recovery that was weaker than the recession we recovered from - WAAAAHT? Syntax bitch

[@jamesfrancismchalejr7944]

I am watching documentaries on The Depression of 1929,and what happened to AMERICANS, and it lasted 10 years then America entered into WW II,and there are people saying that this crash is going to be worse than 1929!

[@dboy6400]

There was no Trump train wreck, we had the most prosperous four years in a long time. But we indeed do have a Biden train wreck.

[@robertfeinberg748]

When Nixon went off the gold standard, at the behest of Charles de Gaulle, that was the beginning of the ongoing, permanent financial crisis.

[@biochemist1661]

The audience is not paying the least bit of attention and were talking throughout the entire talk. How rude. It took place in Canada you say. That explains it!!!

[@astarhealing5603]

So sick of listening to rich “asset” gurus. Sickos that help no one except rich.

[@gillianesquilant4091]

More than half of Americans have less than a grand in the bank. It’s all very well for the rest of then to have a piece of paper saying I have this much but that company holds it for me and I can aquire it whenever I wish.oh what short memories we have ,just as in many nations in the not to distant past have a sudden upheaval or heaven forbid another financial crash all of that wealth safely stored in a secure space can and will be confiscated by the leaders of that nation for the betterment of the nation. All I’m saying is don’t be too upset if you’ve not hidden it yourself and your robbed by the government. Regards mike price

[@glenross6952]

THE REAL WHITE FORGOTTEN AMERICAN PEOPLE FROM THE MID-WEST, BREAD BASKET DESPERATE TO BE HEARD..........I AGREE, THEY ALSO HAVE A VOICE

[@brandonfette1558]

hate to say it but no one gives two shits about the mid west move to a more progressive city if you want a good chance of doing well

[@danielaubertine6439]

Let me guess... buy your Gold? Gold Money? SchiffGold? So many options

[@jaygold4467]

Bingo!!!! Schiff the fear mongering gold salesman!

[@jpace4revolution]

RubinTV you answered your own question

[@Mostafa-rq9rm]

He wants to sell it so he can buy more gold. He's not some guy talking big about gold so he can sell the small stash he has under his mattress. You seem fundamentally confused.

[@billhicks9672]

He doesn't own gold money.

[@scoutwithoutclout]

i thought his company bought gold money

[@Mctyz125M]

Perfect timing to view this video or should I say a little late on taking action.

[@jerlstif]

"Why are American's not buying gold?" I imagine those who are buying anything are buying cryptos. As for me, I'd love to buy more PM's, just can't afford to.

[@aashvisworld3192]

jerlstif buy silver....it's got more upside

[@aoeu256]

Some people want to increase demand of gold & silver so that they can profit... Why not invest in solar panels & wind-mills, land, foreign real estate, antiques & art, self-watering plants, foreign companies, etc...

[@jaygold4467]

It's been up for the last seven years! The stock market has nearly tripled in that time.

[@jpace4revolution]

aoeu256 and some people want to profit on windmills and solar panels

[@bassguyification]

Americans aren't buying gold because their buying their over priced rip off cell phones and gadget junk

[@ryanmacdonald3114]

These problems have been created by banks since the beginning of finance.

[@Hebrew42Day]

If this really ends up as bad as He's predicting, you need stockpiles of emergency food and water and fuel.

[@whiteknightcat]

I understand gold has a rich buttery flavor.

[@mattmattelig]

after 20 years of saying the same thing, it just may be time for this to happen. NOT because he's smart, it's because of the law of averages.

[@jeffharbaugh8683]

How I introduce the concept of Peak Oil; "What can I do"? According to the experts you should: 1. Garden with sustainable agriculture techniques (less pesticides and fertilizer (organic or better yet permaculture)). 2. Buy food and manufactured goods made locally 3. Pay down debt 4. Learn skills they will be useful in the future and make friends that have useful skills you don't have (related to providing food, water, shelter, and medical care. A necessary skill is organic/permaculture gardening/farming). Very important: medical skills are the best way to ensure your survival. All others will gladly sacrifice their life to protect your life, so you are around to use your medical knowledge to keep their families alive. 5. I recommend to invest some money into technologies to increase the "carrying capacity" of the planet (high risk investments); A. decrease environmental impact per capital B. alternatives for our food system input to improve production C. alternatives to our current living arrangements, D. alternatives to our plastics industry, E. alternatives to disaster capitalism F. "Savior technologies", ie faster-than-light travel, "game changer" technologies, ie Cold fusion energy & "delaying technologies", ie deep drilling technologies. 6. I also recommend you inform and prepare your family, friends, and others. It is best to initially suggest people have an emergency kit... for any emergency such as flood, earthquake, tornado, hurricane, loss of electricity due to a winter storm. Then, if the friend or relative puts together a disaster kit, what I do is introduce Peak Oil (by telling them of the 43 second movie trailer m.natgeotv.com/ca/2210-thecollapse/videos/collapse-of-earth , the "National Geographic Collapse" movie on KZbin, & free book downloads; 7. For the truly motivated, a community based organization to mitigate Climate Change and Peak Oil is: www.transitionus.org/ (For non USA; transitionnetwork.org/) Google "2052 free book summary download", & The free book "Plan C" workbook download; www.communitysolution.org/newsolutionsreports/new-solutions-11-plan-c-curtailment-and-community?rq=plan%20c See the Facebook page: "National Geographic Collapse movie"

[@JP-ir2eq]

He's cheerleading for gold. But CNBC, FOX, and Bloomberg do this everyday for stocks and stock owners.

[@wr1120]

what does he mean by Q E?

[@kenlandon7803]

QE is Quantitative Easing, which means printing more paper currency printed and put into the economy.

[@andresll.9366]

He said it... Good news don't sell gold. So he just have to convince people everything is going to collapse. That is good for gold. The true is gold has no real value... Is like paper money... Specially when worst case escenario comes... Gold Is worthless...

[@IndianaStones1]

the brutal explotation of labour in a free market like seen in early england are not suistanable. the free market spiked the idea of socialism.

[@buggydclown7724]

are you sure that the free market caused that explotation?

[@RobertMartinez-nd7il]

Is not capitalism as same as free market? Correct me if I'm wrong

[@Quasihamster]

"we were able to borrow money because we had the ability to do it."

[@isawaturtle]

But they “print it”

[@daveyjones9930]

How to profit? WHO are we talking about? Seems to me Peter Schiff will be fine...IF he sells enough of his newsletters.

[@Mikeschmidt61]

Maybe your a stable genius and are an expert in everything. I for one listen to people like peter, the adage of those that can’t do teach doesn’t apply here. I have gold, silver, and copper, I’ve zero credit card debt because I struggled to buy gold held on and sold some to get rid of debt. I still have house payments but have precious metals to make my payments. I have a whole house generator not because I needed it but because just in case, the same applies to precious metals, if you can’t afford gold then start buying junk silver. If you have a savings account you are losing money because your earning 1% but the cost of living is 4% so put that money into silver.

[@donho4109]

I like silver bull resources (SVBL). Lots of silver in the ground.

[@chickendude4299]

It could multiply 500-1000 times(but it wont reflect truly since the dollar will be so low).

[@eddym5532]

Most of the people barely can make ends meet, then how they going to buy gold and silver.

[@RichardWilliams-sn7tt]

I can answer that question in one word: SELL.

[@olsmokey5256]

Your a great speaker Peter

[@consciousfuture9682]

Ron Paul should be president. He's the only honest politician.

[@jasonogren5135]

My political party can do no wrong…..

[@SuperDeathunder]

Little did he know the economy would be great. Wanna profit? Live in America and work hard! Pretty easy

[@CareFreeCommuting]

Peter, money is a myth & gold is a myth. If stuff all crumbles down, chaos not gold will reign. You know this...preaching any form of currency as salvation will continue to be the problem. There is a reset of all of these things that we feel has gotta us this far...it has...but the time for a reset is just around the corner.

[@1239Rolo]

Peter Schiff, You will be a nice future USA President.

[@tylercobb8293]

The ultimate lesson is that you advanced pros that have been looking at this from the beginning when we all witnessed the 2008 pop. We all need to continue to save your money. And wait for the next crisis. Its a little too late to invest. Another small rally will happen and then a pop. Then a prop up. Gold will gain value but the us dollar can be propt up a few more times. I see the dow at 40k stable once again without a crisis. I only say 40k due to inflation used to prop it up. I'm just saying save your money so you can get in low because this will be propped up again. Its better to bet on the prop up.

[@rerite2]

When was this?

[@Stevesmith-yw7cr]

Schiff was right a few times......but was also wrong many times. His predictions are usually logical until you take into account the illogical markets. Things happen that make any predictions useless. Trump is rumored to be considering getting rid of the FED. Imagine what that will do.....buying gold and silver is a good idea....but not the only idea. Money is to be made with every economic situation.