🔴 Ep. 428: The Fed's Deal with the Devil

[@jxyzzz]

You can tell things are bad when Peter can skip a bad day in the market.

[@04bettertalknow]

Schiff is hitting the fan

[@1237barca]

the porn is everywhere

[@benderrodriquez]

... and the fan is losing.

[@dmafanp]

listen, we sit at home and wait for the Peter Shiff show to air we just cant get enough.

[@qwerty281]

he should have his own show on CNBC. they're missing a huge opportunity

[@Resourcia88]

im hooked as well

[@qwerty281]

as a matter of fact you really dont need networks today anyway. people make millions on youtube podcasts and have a huge following

[@saiyanmgtow]

I know the feels brah...

[@JordanCarterTrombone]

I'm not even wealthy and I'm hooked. It's just really good information for anyone to know.

[@sgtgrizzo]

"I cant do a podcast every time the DOW is down 400 points. I'd be doing podcasts every day" Hahaha I see we have a financial comedian

[@denmarkfidelio2962]

EPG Field Service Tech LOL!!!!!

[@ManPursueExcellence]

🥁lol

[@kaetamine]

More of a financial clown.

[@mv2487]

hilarious

[@AUTISTICBOYSMONEYCLAN]

EPG Field Service Tech this was funny

[@rutilecomedy]

My friends called me Alex Jones when I would go on rants about how we're in a bubble and then on 4chan someone told me about you, so here I am, bought your books and have been listening since.

[@voxpopuli5169]

Well done on escaping from the matrix!

[@VenezuelaNow]

My friends and family call me *Debbie Downer* and now they avoid me like the plague

[@notnow6282]

@Natural Man Not sure why they would call you Alex Jones. Alex thinks the Globalists are taking down the stock market to get rid of Trump. Out to lunch. That is why he does not have Peter on his show anymore.

[@johnmeijer1246]

Once you listen to his sanity you'll become addicted. I know that from my own experience. Read most of his books. It's fun but it really makes sense. A guy to learn so many things from. This is economics and finance at pro level. Boy am I happy I learned the English language.

[@parrotboss785]

I AM ALL IN ON THIS CRASH. HOPE YOU ARE RIGHT DUDE

[@sactoapartments]

all in on what? It's early.

[@joseph-is-my-name]

Did you buy Schiff gold. I hope not

[@JesseMcdonalds]

Computers beat paper and gold. The future is now.

[@pgaquigz1125]

Crypto Boss I’m long spy. Everyone’s over reacting. Ur gonna lose a lot of money

[@PFC_50_Grand]

Crypto Boss I’m about to be all in too as soon as the house is sold ASAP

[@caaussie1605]

Peter has a better understanding of the fundamentals than many of the so called "main stream financial experts". Peter, thank you for these podcasts. Trust me your message is been heard by many around the world. Greetings from Australia.

[@icscampomarino7962]

And from Italy

[@Mostafa-rq9rm]

Peter's brain is like a computer when it comes to anything economics.

[@DListening]

Time for Peter was right part II video. There were tons of new actors who rolled their eyes when Peter was talking. They will all need to star in this new video.

[@pgaquigz1125]

D L I was right last 10 years so I have a better track record

[@PassportBrosBusinessClass]

THE DOW JONES IS SICK AND TIRED OF WINNING!!!

[@martingrey2231]

@waitaminutedoggie Did he not take credit for it while it was up relying on the ignorance of those who believe the President is the Wizard of Oz controlling the economy? I think k you take his comment to seriously. Perhaps because you are a cult member? Believers usually lose thier sense of humor...if they ever had one.

[@andarru]

waitaminutedoggie - DJT said it was the greatest economy EVA. Of course we the Schiff's pupils know it is the fake money all along. But can u blame his political opposition in making him owning his own words as the President of US?

[@gigsrouiy8080]

@waitaminutedoggie look at the end of the day you don't understand the purpose of the political paradigm neither the left nor the right give a crap about you they are there to dictate to you the policies of the globalist corporatist the crony capitalists the monopolist oh, don't you get it? Purpose of politics is to antagonize the people and to maintain the power over the economy and the people concentrated in a few hands at the expense of the majority who from time to time end up back in the plantation because they think that their rights are right but really only privileges and from time to time we see the political process removing those Privileges and sending the people back into the plantations time and time again, in fact we've been having economic boom bust Cycles all due to government collusion with the elites dating back to 200 BC, but on the other hand Trump is trying his best but he is ill-equipped to deal with massive stablished month but it's largely working against him. I think Trump has good intentions but he has good intentions because for the very first time we see a president who's not a career politician oh, it is for this reason because he's not a career politician that you're not seeing history repeating itself but soon as they get rid of them they will be back to producing same old crap that they've been pulling for over 2000 years and that is the redistribution of wealth after a certain. Of time back into the hands of the elites wow forcing the majority back into the plantation scenario.

[@mr.anderson9938]

waitaminutedoggie trump is a socialist/nationalist , he doesn’t like the free market . Stop drinking the kookaid. Traiffs/taxes, welfare/aid for farmers. He wants control of everything

[@astralpowers]

#TrustTheFlan #BestEconomyEvery

[@austinkearney9965]

Peter Schiff 2020

[@ianstewart7353]

They would never allow an honest man in the white house

[@lightningblade9347]

The american public is too dumb and retarted to elect him, if Ron Paul never won the american public's trust then no honest man will ever win their trust.

[@Kim-Yo-jong]

Peter Schiff can't fix capitalism. It's broke.

[@JordanCarterTrombone]

Hmm, I'm not so sure about 2020. but maybe 2024 after the socialists turn the states into a disaster.

[@boromirsonofdenethor2586]

No sorry I'm going to have to go with Gregory Mannarino. Plus the Dude Looks like Batman

[@BackToTech]

I think Peter Schiff, is absolutely right about populism leading to socialism after this crash.

[@healthhavencom]

Shut the government down. For 10 years. Then another 25, 50, 100. Until people realize how much better their lives are.

[@ewtwetrwerwteet]

how will people get welfare

[@ernestgibson8950]

Merry christmas peter thankyou for your honesty

[@pablopina8924]

@Silly Philly I thought he converted to Puerto Rican?

[@hardmoneymilitant1249]

Hey, Peter. You are spot on when you explained how the increase in inventories was caused by companies trying to beat the tariffs. I work in the steel industry. My company imports most of our steel from Europe. That is exactly what my company has done over this past year. Loaded up on steel. I’ve worked there for 4 years and have never seen this much steel come in until this past year. And I know for sure that the tariffs were the reason. To me, it seems like the anticipation of the tariffs exacerbated a lot of the mal-investment that was already taking place in the economy. Thanks for all you have taught me, and all that you do for liberty.

[@thezio-conreport4427]

Peter Schiff always ends up right in the end.

[@Polarbear-zy6vf]

@@teaguehayes3080 So true. I predict there will be another boom and bust in the next 30. Lol

[@morganvon5664]

Peter Schiff predicts a stock market collapse every year. It's funny he never talks about gold being in a bear market. Gold is about 40 percent its high 8 years ago. Now that's a bear market!

[@pgaquigz1125]

The Zio-Con Report I’ve been right for the last 10 years so I have a better track record

[@sakarinjunkraw3286]

Q68uyyyy Yyy6j666ii6yyyyyyyyyyyyc 9

[@BD-xi1tv]

Peter is one of my favorite financial speakers, smart guy!

[@johnr8309]

The stock market is 147% of GDP where it has traditionally been 50%. P/E ratios have never been higher. PEG ratios have never been lower. Corporate America celebrated the first full year under the new tax law by rolling out a record-setting $1 trillion of stock buybacks. REALLY BIG RED FLAGS.

[@iankennedy2592]

John R why didn’t they pay down debt!? So stupid!

[@johnr8309]

You know Ian, the Founding Fathers built this country on two economic principles: small government and sound money. Fast forward to today one out of three people receiving some form of means adjusted welfare. One out of every two people feeding off of government when you factor in Social Security, Medicare, and Obamacare. You can trace this back to the Roman Empire, but when government tries to take care of everybody that's always the first nail in the coffin for a great society.

[@sreetips]

Thank you Peter. I couldn't wait to hear your podcast this evening!

[@enderwiggin8947]

I love your honesty Peter, It’s very refreshing. And you are definitely a peer with Jeffrey Gundlack. Many thanks for your work.

[@AWolverine]

Thank you Peter for keeping us up to date!

[@kamitene8961]

So enlightening! Thank you Peter, I've been listening to you for almost 5 years!

If America won't use its military to destroy Israel's enemies... the FED will raise interest rates.

[@erneststrother4075]

@Grant Goldberg pretty much Nixon not coming to Isreal''s defense in the 1973 for like three days was why he was forced to resign.

[@mattquinnell8187]

@Grant Goldberg I was going to ask how it was anti semitic but then I saw the last name. Relax dude

[@rebellucy5610]

Watch. If u criticize Israel you will get the old 'anti semitism' card pulled. They do it every time.

[@squarecracker]

@Grant Goldberg benanke, yellen, greensapn, friedman, krugman, stiglitz........ where would we ever get the idea that those who control the US economy put Isael's interest first?

[@mikebetts2046]

I've been listening to Peter for two or three years now. I have always enjoyed the education I get. Now, really bummed that I did not heed his advice back in September.

[@KenRock2012]

Thanks for the show Peter!

[@michaellieberman9419]

Peter with jokes in the beginning of the podcast 😂😂😂👍🏻👍🏻

[@davidroy6973]

Peter you are correct

[@leavemyponyalone5681]

Been subbed to Peter for years now.

[@freethinker6920]

Can someone explain why Japan hasn't had hyperinflation yet even though they've done the type of QE that Peter says will wreck the USD post-crash?

[@fractalnomics]

Go Peter, you are the only one reporting this, keep it up, we need you.

[@arthursandomine5464]

This podcast was so good that I’m actually going to listen to it twice!

[@NaNa-wj8tw]

Peter, could you please elaborate on your comments that a bubble market doesn’t need a reason to pop it just does! Is there a difference in that dynamic compared to a bull market that ends due to proper fundamentals that were the driver on the way up? Thank you.

[@rolandbraun1197]

Excellent point on the. "" wealth effect "" and ""consumer spending. "" on Main Street , Peter .

[@monkeyloven]

Return all your Christmas presents we will be in recession soon.

[@monkeyloven]

🎄+🎁's = 😭 Bear markets here, return it all!!

[@Senecamarcus]

What goes up must come down! ~Milton Friedman

[@thundaga4005]

Even when the Fed sent out one of their guys to throw the market a bone, it still sold off. Unless the Fed commits to a total 180 on its policies, and ramps up some kind of QE, the markets will continue to tank. Peter saw this a mile away and is again being vindicated.

[@a.r.gentum6517]

Everything was going good; then for a while; I'm like what the fuck? I looked at my other monitor and of course a little FED spew. NO chance; we'll have a couple "bounces" here or there on the way to 2100 S&P500. NASDAQ? 5300??? or fuck even lower. All week the money poured in. REST ASSURED the BOTTOM is not in; and won't be until late Jan early FEB??

[@johannes5076]

Because the interview pretty much showed that the FED has no idea what they are doing

[@a.r.gentum6517]

@@johannes5076 Somebody was worried all the way back on DEC06 during overseas trading. prior to the open. Was it etrade that shut down? for a while and "somebody" was throttling sell orders to slow down the selling during overseas prior to the open. Even clearinghouses were getting in on it to slow down the selling. So, I bet (correctly) the FED was going to hike. NOW.....IT'S OVER. Like I said; we'll get some trader games sunday night and maybe a little sucker's rally Christmas eve day and people might say OH look !!! the bottom's in yeah; let's go long. No way no how. The FED knows exactly what they're doing and so does Trump; I truly believe it's all show and behind the scenes Trump, Powell, and Mnuchin are fucking China hard right now and the EU for good measure. China is stubborn and won't negotiate for now it seems. The EU has got its own problems besides a shitty economy. No matter; I say: Stay short.

[@pixelmartyr8532]

Happy Holidays Peter Schiff and family. I very much appreciate your generosity. I look forward to making so much of what you have to share. Thanks so much for the education and insight. I have learned so much from you over the years. I very much look forward to more.

[@Un_brainwashed]

I'd like to have a beer with Peter some time. Seems like a cool guy. He knows a lot but has much to learn too.

[@Kwelar]

What about silver? I see the price of gold creeping up ,but the price of silver still seems suppressed to me. Shouldn't gold and silver have similar trends or am I totally wrong?

[@DListening]

I always love Peter's powerful ending with that music. You all know what I am talking about.

[@islandbee]

🤓

[@nap1851]

Keep up the great work Peter

[@AgustinOrozcoArch]

Peter. You are a “Channel”. We love you man!

[@luciusavenus8715]

Fed isn't stupid; it knows what it is doing. How many more times ...

[@carlton7015]

Thanks for a very informative video Peter.

[@tammyreynolds6094]

Love these longer podcasts, Peter!

[@chrisclanton4430]

Jim Cramer is a joke. Cramer: Peter writes, “Should I be worried about Bear Stearns in terms of liquidity and get my money out of there?” No! No! No! Bear Stearns is fine. Do not take your money out.

[@HB-yq8gy]

Peter is right on point!

[@saintpirate]

this will be the worst christmas eve since the great depression

[@a.r.gentum6517]

I know, whatta week; there's a lot more crashing coming up; so stay tuned.

[@sactoapartments]

Best Christmas, I love sales. Crashes get me hard.

[@Polarbear-zy6vf]

@@a.r.gentum6517 It seems the market will crash a little everyday.

[@a.r.gentum6517]

@@sactoapartments lol;;; but wait .. there's more!!! I'll even throw free shipping; but call now.LOL I was ecstatic when the VIX hit 30 and then closed at 30.11 SACTo; just try to resist the sucker rallies along the way to about 2100 S&P500 (maybe) lower we are a long way from the 'BOTTOM." late JAN early FEB I'm letting it ride. 5000 NASDAQ would really give me a raging hard on; lol.

[@a.r.gentum6517]

@@Polarbear-zy6vf an orderly decline? sure. a massive 500 point on the S&P500 on Fri the 21st would have been "priceless." Let's go orderly decline; with a few false bottoms and suckers' rallies along the way.

[@frasersamuel2867]

Schiff is one of the best commentators i.have heard. Sadly much of the press is avoiding him as he tells the truth. The top end of town doesnt want to.hear that the united states has unsolvable debt problems along with the us, europe & japan. We could also add debt problems in china, developing nations & even households in australia & canada are carrying too much debt

[@jasometer1416]

so true - FinPorn with Peter Schiff-- you're the King!

[@aeaeae555]

The 2 best one-off interviews I heard all year was Druckenmiller and then Gundlach this week. WOW

[@elfinmodels3901]

Peter's red hot, teaching the Fed, Lets get peter on the Fed!!!!

[@sukkumchang]

I am a novice..havent even started on investment.But now I feel I am on safe hands learning through Mr.Peter Schiff podcast.Thank you sir for doing this.

[@Alorand]

Kramer actually recommended going into gold. I honestly didn't know what to think...

[@MerriweatherMcWiggan]

Where did the Schiff haters go?

[@adriansegura6352]

For real 😂😂. When rates are low they talk 'll the shit . But when rates go up all you hear is crickets

@@adriansegura6352 10 year bond rate dropped from like 3.10% to I believe it's like 2.78% in a short 6 weeks. Time to get your head out of your ass and pay attention to what the markets are saying?

[@pewee2245]

Always informative! Any thoughts on why China is accumulating much gold?

[@melodypelo5299]

I wish there was a perfect world where Peter Schiff was president

[@johnwahalla5049]

Great podcast once again Peter, thank you. I wish President Trump would talk and listen to your advice. Have a Blessed Holiday season, you and your family. God Bless.

[@ValiRossi]

We want podcasts everyday Peter. :)

[@cinquain0]

lolol@ this market was built for 0% interest rate... Peter can be so funny sometimes

[@ctg18158]

Not built "for" Built "by"

[@notnow6282]

There is a 35 year cycle in interest rates. They last peaked in the 80s. Now they go up for 35 years.

[@vicmullen2665]

Peter Schiff is right again.

[@robertnardone9387]

Awesome 👏

[@hibye9661]

Saying this is the worse since 1931 is like saying the dollar is worth as much now as it was then

[@justintyme7228]

please explain why the USD and $TNX.X are both quite a bit down since the 25bps hike by Fed

[@shengsun5916]

Indeed!

[@thelegend3798]

We love you Peter!

[@doubleuponbob3397]

He knows:D

[@doubleuponbob3397]

@@johnnydeep1599 ...if you know where it is :-D

[@ramwagon11]

Peter is the best

[@sactoapartments]

The real estate market and stock market crashing in tandem are getting me rock hard. I'm chucking all of my Cialis.

[@solenves2059]

Vennett: "Do you feel it?" Baum: "No." Vennett: "I'm jacked, JACKED TO THE TITS!"

[@gabrielmartinez2455]

Lol, it is what smart investors have been waiting for

[@Senecamarcus]

The word on the street is that Peter made good amount of dough yesterday

[@austineichman6722]

Kale Mussel shit, I made a good amount of dough, I could only imagine how much he’s made the past couple months.

[@Senecamarcus]

Austin Eichman well Peter gains would seem peanuts to me in comparison to what Stanley Duckinmiler must have made shorting

[@pgaquigz1125]

Good. Makes up for for a fraction of his losses over the last 10 years

[@PandemicGameplay]

@@pgaquigz1125 pretty much. he's been shilling a recession for 10 years. now that it is actually happening he's going to take all the credit. Forgetting the 20+% high in the s&p for 2017 and the 9-10+% highs for bonds in 2009.

[@misterinternational1739]

Three more things the FRB doesn’t get is that they are not welcome, not necessary and not “federal” Merry Christmas Pete thanks for all the info and your insights, you’re appreciated more than you know God Bless

[@phillipfranco19]

Peter I was unable to go to the New Orleans Investment conference. I found out about it too late. However, I was able to purchase the DVDs. A little expensive but I thought I would have all the different forums which were delivered by each speaker. The DVD's are in two separate packages containing 9 DVDs in each package.. I watched your two presentations and in one of them you spoke about your workshop that would begin at 5pm. Unfortunately, your workshop was not included in any of these DVDs. I thought with 18 DVDs, your workshop would be included but it wasn't. I do have a investment account with Europacific. Is there any way I can obtain the information you presented at your workshop? Thank you

[@Herr_strauss91]

Peter Schiff was right (again). This is the beginning....

[@Herr_strauss91]

andy k this is literally the perfect concoction for the perfect storm. Rising rates, rising inflation, falling stock market, slower than expected growth, Government shutdown, worst stock market drop since the depression. Cmon bro.....this can’t be great?

[@kkay1961]

Another good one.

[@justinpeanuts9767]

Peter Schiff podcasts are financial porn!

[@clintonspx1200]

look at a chart of gold from 2008. Gold DIDNT rally as the market crashed. BUT it was the first to bounce around NOV 2008

[@wpelfeta]

Cramer's 180 was pretty funny actually.

[@AdonisSWE]

All world central banks raise rates, in sweden they decide now to raise rates after 6 years of 0 rate , proping up housing prices over 100%, it's going to be a catastrophy

[@itguy2343]

I love porn, I love listening to your commentary on the markets, and I am not ashamed of that. More people need to get their head out of the sand. Your analogies are spot on 😁Wish I would have found you sooner as your podcast is a daily ritual for me and an eye opener to what is going on in the Economy. Because of you I have become a student of learning about the economy and history of money. Thank you Mr Schiff!

[@moshow93]

The Dow has dropped 16.34% since it's high on October 3. This is 30% of the 52.98% drop from 2007 to 2009. We have entered the next recession no doubt. Maybe a depression. This is the beginning.

[@misterinternational1739]

@No Nutz No Glory Can’t be done anytime soon imo possibly three to four quarters later

[@a.r.gentum6517]

@@SFBay69 End of January early FEB we might get a bottom and go long on some stocks No; stocks aren't going down due to tax selling. What will u say when they keep going DOWN well into January?

[@a.r.gentum6517]

the "beginning" was back in SEP'18. you can even argue FEB'18. Depends on what data you use. I'd like to S&P500 at 2000 or 2100 to see a bottom forming in stocks.

[@a.r.gentum6517]

@ Since when do you " care " about shitcoin??; sounds like u want in on the sucker's rally? lol

[@TheDragonflyDoji]

i put a spoof limit sell in on BTC yesterday well above the spread and it was filled in under a min lol. yesterday was a great day to sell.

[@ameristralia]

Peter, I'm having a hard time figuring out your merchandise website. So I'll place order here if that's okay? You do take Bitcoin right? I want to order the following sweatshirts all in green (medium). "Got Schiff?" ,"Go Schiff yourself!" "Don't Bitcoin me bro", "You have the Right to give the Left the middle.. Schiff 2020", and last but not least, the one that says " Ive been right for so long it feels wrong"..... Big thanks, can I get these before Christmas??

[@whydotheathensrage]

If the FED sticks to their plan,, you will see BEAR market carnage of massive proportions!

[@brandonvonbo9708]

How do I buy gold safely?

[@brandonvonbo9708]

Nah, all she got is that worthless pearl necklace I gave her

[@NaNa-wj8tw]

Brandon, have a look at Apmex online. Reputable company for both gold and silver.

[@fsmoura]

_"How do I buy gold safely? "_ bring a gun

[@felipesilvamoldes1107]

Black Monday !!

[@a.r.gentum6517]

I like the sound of that; but we have a long long ways to go ; on the way to 2100 S&P500.

[@Scarecrow-zr3zx]

S&P in bear market, Dow down 650 points on a shortened day. I wonder if Peter will do a podcast?

[@annihilationHaven]

The FED just has to give a sniff to the market that they're going to cut interest rates, and it will rally to new all time highs again.

[@Eugene-pf7ll]

CNBC could've edited out Gundlach referencing you. Wouldn't put it past them.

[@sheeplessingeorgianm9977]

Not only do I love your show but I buy your gold! But seriously don’t bullshit us , u know and I know the Fed knows exactly what they’re doing

[@nowhereman7413]

He knows, you know and I know, but I imagine that he do not want to go to jail. He only have probes that what they are doing is dumb, but saying openly that they are criminals is too dangerous.

[@sukkumchang]

is Peter Schiff running the goldmoney.com.can i buy gold keep it and sell it anytime.

[@sheeplessingeorgianm9977]

sukkum chang Peter Schiff is over “SchiffGold” and yes you can buy it and sell it anytime unless you live in China where you can buy it but it is illegal to move it outside the country. You think they know something we don’t?

[@sukkumchang]

@@sheeplessingeorgianm9977 I live in South Korea.thank you for your useful information.ill check out schiffgold and buy some gold and see how it goes.How about bitcoin..around 3500 dollars approx..massive drop from 19k dollars.any chances bitcoin stocks may rise again. very confused some say gold prices will skyrocket when fiat currency comes crushing down and some say gold price is going down.

[@sukkumchang]

@@sheeplessingeorgianm9977 I also heard about it through Schiff podcast about how China is keeping gold reserves..So confused these days because i am a novice in stock market assessment..I am trying to learn through Schiff podcasts.

[@femaledeer]

Cramer has never warned of stock market correction. In fact he recommends buying even after the correction begins. And then he plays Monday quarterback issuing statements to the fed on what he should do.

[@agmonster610]

Gold could be limit up when futures open this Sunday evening !

[@randybest9187]

Isn't is amazing how many treat Gold as a regular commodity?

[@vestedinterest2549]

The Fed has already hinted at QE

[@schopen-hauer]

wont matter

[@zz-np2sr]

So if I buy physical gold is what is the best way to sell it off with minimal taxation when I need to cash in?Anybody?

[@ammaad1972]

Fk cnbc....

[@andrewking9435]

Hi Peter... like ur independent analysis and humour. Listening from new zealand. Andrew

[@andrewking9435]

Ps. Local media are unconscious to us economy, australia economy and knock on effect here

[@kowhaithompson9360]

Hey hey!! New Zealand listener here too. Thinking of starting a macroeconomic discussion group in Christchurch

[@kowhaithompson9360]

New Zealand property is so overvalued

[@andrewking9435]

I thonk a similar story to what peter describes in US economy applies to Australia and NZ on Smaller scales. Central banks have low interest rates which have caused huge asset bubble, and have recently loosed LVR restrictions as the market began to cool

[@creamwave]

“ I knew the Fed had checked us into a monetary roach motel” .....LMAO!!! Mr. Schiff, a truly classic statement....(btw 49:05)

[@michaeldavid4809]

What if the stock market didn't exist? What are the pros and cons of that?

[@RR-js9kl]

And NOOOOOW the ECB is going to do QT also in January.

[@jesselloyd207]

Peter Schiff, the Jenna Jameson of economics!

[@alexw4366]

real shit son!