🔴 Everyday Is April Fools' Day for Most Investors - Ep 954

  Рет қаралды 95,371

Peter Schiff

Peter Schiff

Күн бұрын

Cut your wireless bill to $15/month at mintmobile.com.... $45 upfront payment required. For new customers on the first 3 month plan only.
Register for The 2024 MoneyShow in Miami, FL (April 10-12): www.miamisympo...
Join Peter on the Annual Investor Summit at Sea! Get the details and reserve your spot at investorsummit...
Join my Locals community to get The Peter Schiff Show ad-free! Plus get access to special live reports and Q&As. Visit schiffradio.co... to become a member.
📈 Invest like me: schiffradio.co...
💯 RATE AND REVIEW on Facebook: / reviews
🔔 SIGN UP FOR MY FREE NEWSLETTER: www.europac.com
🟡 Schiff Gold News: www.schiffgold....
📘 Book Store: schiffradio.co...
👉 Follow Peter Schiff on Twitter: / peterschiff
👉 Follow Peter Schiff on Instagram: / peterschiff
👉 Follow Peter Schiff on TikTok: / peterschiffofficial
👉 Follow Peter Schiff on Facebook: / peterschiff

Пікірлер: 644
@peterschiff
@peterschiff 5 ай бұрын
On the horse back riding each ride was about 90 minutes to 2 hours, not the total of both rides combined. Also gold's 40 rise was on Thursday, Not Friday. The market was closed on Good Friday.
@bbustin1747
@bbustin1747 5 ай бұрын
Yee haw ….😂
@MichaelJohnson-
@MichaelJohnson- 5 ай бұрын
I am a funded futures trader. I trade only the NDX futures market, specifically the June contract. We spiked 130 points Sunday night on the PCE report from Friday morning..You're witnessing delayed fuse reactions..which is expected. You're not wrong on Gold..but you're wrong on the $ rising with it. They are rising fir different reasons. One is a real inflation hedge (gold) but the DXY is a hedge for global governments to inflate their own currencies while having something to pay for that debt.
@abrahams.lincoln6749
@abrahams.lincoln6749 5 ай бұрын
Peter what is the new floor for gold? 🚨
@mikeplaced3111
@mikeplaced3111 5 ай бұрын
​@@MichaelJohnson-Stated $2k
@venz8201
@venz8201 5 ай бұрын
Get the SPAM under control Peter!
@nicolasbenson009
@nicolasbenson009 5 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.
@KarenLavia
@KarenLavia 5 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 5 ай бұрын
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
@KarenLavia
@KarenLavia 5 ай бұрын
My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@Suleferdinand
@Suleferdinand 5 ай бұрын
Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Melissa.
@jude999
@jude999 5 ай бұрын
@EddyAgnes-vy4kp but where to diversify? Nothing is safe. Surest bets are gold and hard assets like real estate.
@BenjaminMcLeod815
@BenjaminMcLeod815 5 ай бұрын
There seems to be skepticism amongst investors regarding the Fed's plan as for me, I find myself at a crossroads, uncertain whether to invest $150k into my stock portfolio. I'm seeking advice on the best strategy to capitalize on this current market.
@user-3456rtu
@user-3456rtu 5 ай бұрын
I suggest you diversify into alternative investments that could benefit from the liquidity-driven market conditions. Or better contact an expert to help Taylor your portfolio
@KristianDobson
@KristianDobson 5 ай бұрын
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
@cc-RUtt45
@cc-RUtt45 5 ай бұрын
I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
@KristianDobson
@KristianDobson 5 ай бұрын
Nicole Desiree Simon 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.
@cc-RUtt45
@cc-RUtt45 5 ай бұрын
Thank you for the lead. I searched her up, and I have sent her a message. I hope she gets back to me soon.
@kingsize516
@kingsize516 5 ай бұрын
Thank you Peter Schiff , always listening .
@NicholasClones527
@NicholasClones527 5 ай бұрын
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
@JeffreyAdams285
@JeffreyAdams285 5 ай бұрын
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
@Troymatthew525
@Troymatthew525 5 ай бұрын
She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states..
@OliverParker455
@OliverParker455 5 ай бұрын
You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.
@Harold560
@Harold560 5 ай бұрын
I'm new at this, please how can I reach her.?
@NicholasClones527
@NicholasClones527 5 ай бұрын
she's mostly on Telegrams, using the user name
@Barr894
@Barr894 5 ай бұрын
Peter Schiff - the only person in media who says it like it is.
@johndoe1.196
@johndoe1.196 5 ай бұрын
One of a minority, certainly.
@webcomber
@webcomber 5 ай бұрын
Yep, don't buy Bitcoin at $1 because it's a tulip bubble.
@Barr894
@Barr894 5 ай бұрын
⁠ I agree with Peter on inflation, and everything else he says, but I do have a difference of opinion on Bitcoin and the US dollar. But, that doesn’t mean Peter is being disingenuous. Everyone has an opinion. However, most commentators bluntly lie and you know they don’t believe what they are saying. Example - Harry Debt and Cathy Wood believe there is deflation. And Ray Dalio thinks a catastrophe is 2.5 years away. They are lying and they know it. I believe the US dollar will be very strong because everyone else is just as badly in debt as the US. I also believe cryp (bitcoin) will be going up very high because of inflation. However, I agree with Peter on everything else.
@Barr894
@Barr894 5 ай бұрын
@@webcomber​​⁠ I agree with Peter on inflation, and everything else he says, but I do have a difference of opinion on Bitcoin and the US dollar. But, that doesn’t mean Peter is being disingenuous. Everyone has an opinion. However, most commentators bluntly lie and you know they don’t believe what they are saying. Example - Harry Debt and Cathy Wood believe there is deflation. And Ray Dalio thinks a catastrophe is 2.5 years away. They are lying and they know it. I believe the US dollar will be very strong because everyone else is just as badly in debt as the US. I also believe cryp (bitcoin) will be going up very high because of inflation. However, I agree with Peter on everything else.
@Barr894
@Barr894 5 ай бұрын
⁠ I agree with Peter on inflation, and everything else he says, but I do have a difference of opinion on Bitcoin and the US dollar. But, that doesn’t mean Peter is being disingenuous. Everyone has an opinion. However, most commentators bluntly lie and you know they don’t believe what they are saying. Example - Harry Debt and Cathy Wood believe there is deflation. And Ray Dalio thinks a catastrophe is 2.5 years away. They are lying and they know it. I believe the US dollar will be very strong because everyone else is just as badly in debt as the US. I also believe cryp (bitcoin) will be going up very high because of inflation. However, I agree with Peter on everything else.
@greekbarrios
@greekbarrios 5 ай бұрын
What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market. Oxymoron or paradox? I'm considering investing over $300k, but I'm uncertain about risk mitigation strategies.
@kashkat987
@kashkat987 5 ай бұрын
Invest in real estate, ETFs and high-yield savings account.
@Curbalnk
@Curbalnk 5 ай бұрын
Just buy Gold and protect your assets, the stock market is a rollercoaster.
@velayuthman
@velayuthman 5 ай бұрын
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds.
@velayuthman
@velayuthman 5 ай бұрын
"Heather Ann Christensen" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
@blaquopaque
@blaquopaque 5 ай бұрын
Cheers buddy. Smart and great looking lady. Hopefully will my time. I left messages, was told to expect feedback. Thank you.
@user-friendlyhuman
@user-friendlyhuman 5 ай бұрын
I love Peter's ability to distill grand themes into digestible segments, which are comparatively easier to absorb by the layperson.
@_clownworld
@_clownworld 5 ай бұрын
I’ll never own a home, or retire. I’m barely paying rent and feeding my family making 100k a year. My only hope is we collapse.
@davidelliott2485
@davidelliott2485 5 ай бұрын
I feel bad for my kids. Everyone’s kids actually.
@canubeetquad
@canubeetquad 5 ай бұрын
My brother in Christ, rebalance your budget. I make 50k and live comfortably. Something is wrong here.
@jsanders100
@jsanders100 5 ай бұрын
How are you going to be better off with a collapse? Prices of essentials would escalate
@John-ou4rm
@John-ou4rm 5 ай бұрын
You want to go live in a smaller town/city. You'll earn 50% of the amount but housing is less than half the cost and you'll pay less tax. Run the numbers.
@dougdrummond9341
@dougdrummond9341 5 ай бұрын
Trim the fat, do you want something? Or do you NEED that something??
@Faijan-zx5ov
@Faijan-zx5ov 5 ай бұрын
Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult❤
@vanillatgif
@vanillatgif 5 ай бұрын
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
@quantarrow
@quantarrow 5 ай бұрын
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
@IshrakHossain-rt8is
@IshrakHossain-rt8is 5 ай бұрын
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.
@ysareyes
@ysareyes 5 ай бұрын
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
@kabengele-vo4dr
@kabengele-vo4dr 5 ай бұрын
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
@trappart9209
@trappart9209 5 ай бұрын
Peter is the best, always love listening to him
@AUNZAnon
@AUNZAnon 5 ай бұрын
No, he talks shit. Has been for years. Biggest (Cry) Wolf on the internet since early 2000s. Do your research into who he is and what he's been claiming for many years.
@fhowland
@fhowland 5 ай бұрын
Schiff rocks !
@b4ph0m3tdk9
@b4ph0m3tdk9 5 ай бұрын
Sniff socks 😀
@jurgenpommerenke8150
@jurgenpommerenke8150 5 ай бұрын
Peter is right. He was always. They will ignore the warning and they are doomed.
@blahblahuserrandomnameblahb
@blahblahuserrandomnameblahb 5 ай бұрын
A troll in the chat replay says "gold up 5% in 20 years", actually in Australian dollars golds up 524.34% in 20 years. Silvers up 255.19% in Australian dollars over the same period.
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights ❤️❤️
@Multitude_Media
@Multitude_Media 5 ай бұрын
They don’t talk about gold because they can’t control it digitally. There is no real value in bitcoin, especially if you can not connect to the internet. People don’t think about that, it blows my mind 🤯 if the SHTF and no one had the ability to connect to their wallets they’d be SOL😂
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights.❤️
@user-wc1bg8th4z
@user-wc1bg8th4z 5 ай бұрын
Best line ever "what Powell should do is keep his mouth shut" 😅
@AshkanAbedian-qg2ni
@AshkanAbedian-qg2ni 5 ай бұрын
Peter, I bought gold today for the first time, I feel amazing 🎉, I'm on the right side of the history ❤
@aadasad2485
@aadasad2485 5 ай бұрын
Keep it close to Your Heart. It is like medicine, It helps You staying healthy! Physical Gold of course. It has been used for curing Reuma (in Swedish) (like Arthritis, pain in joints) as well. Gold injections in to People’s Knees for example. 😎🇫🇮
@avx4281
@avx4281 5 ай бұрын
Thanx mr. Schifff. U have opened a great deal our eyes regarding past events and economy.
@jeffsmith3221
@jeffsmith3221 5 ай бұрын
Peter's time to shine! Peter was one of several people that convinced me back in the 2015-2017 period to start accumulating physical gold. I've got a nice stash in my safe, averaged in at about $1300/oz. Haven't bought any additional for several years, just holding, and glad of it! By the way Peter, I watch CNBC a lot during the day too. I will say I do hear them mention the price of gold from time to time, but I agree with you, it always seems to be reluctantly, and they never attempt to analyze the reason for the movement to new highs. I always take CNBC with a grain of salt (prefer Bloomberg by far). Look forward to your future Podcasts Peter! Jeff S.
@jimsuzlimu
@jimsuzlimu 5 ай бұрын
should have bought BTC then $300-$1000 in that timeframe Now 68K
@jeffsmith3221
@jeffsmith3221 5 ай бұрын
@@jimsuzlimu yeah, 20/20 hindsight. I'm just not a believer in crypto. I like solid, beautiful gold in hand! haha
@jameswood9772
@jameswood9772 5 ай бұрын
I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.
@alexyoung3126
@alexyoung3126 5 ай бұрын
Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however, I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.
@austingraff1881
@austingraff1881 5 ай бұрын
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 1.8million.
@chris-pj7rk
@chris-pj7rk 5 ай бұрын
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
@chris-pj7rk
@chris-pj7rk 5 ай бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@cockfaceification
@cockfaceification 5 ай бұрын
Bot scam thread!
@MichaelJohnson-
@MichaelJohnson- 5 ай бұрын
SSSCHIIIFFFFFYYYY!! 🐐🐐
@stekoo664
@stekoo664 5 ай бұрын
Gold price in 1913 (Federal Reserve created) was $20.47 per oz. Recently, the price blew through $2047.oo Federal Reserve notes have lost 99% since 1913 (111 years). The next 99% loss will happen much faster. 😊 note: The Feral Reserve is not Federal & has no Reserves.
@KingofJV
@KingofJV 5 ай бұрын
The golden rule: whoever owns the gold makes the rules
@muddyriverdogz
@muddyriverdogz 5 ай бұрын
Unless somebody has power of the legal currency press. Then there king.
@Discovery2024-rn8kn
@Discovery2024-rn8kn 5 ай бұрын
Then why did Goldmember lose to Austin Powers?
@Topspotstop
@Topspotstop 5 ай бұрын
I wish that was also the case for silver.
@muddyriverdogz
@muddyriverdogz 5 ай бұрын
@@Discovery2024-rn8kn US millitary brought Goldfinger some freedom.
@shanejones578
@shanejones578 5 ай бұрын
@@Topspotstopsilver will always be working man’s money; believe it.
@jean-louislalonde6070
@jean-louislalonde6070 5 ай бұрын
Gold is not rising, the dollar is falling.
@johndoe1.196
@johndoe1.196 5 ай бұрын
Not lately. It's been hanging out at 104 on the DXY.
@randalnelson1820
@randalnelson1820 5 ай бұрын
Dollar has broken out of a wedge against other fiats. Gold is winning the race against all currencies.
@johndoe1.196
@johndoe1.196 5 ай бұрын
@@randalnelson1820 True, but the dollar is still the cleanest dirty shirt.
@KevinKilgorepage
@KevinKilgorepage 5 ай бұрын
the dollar is flat against bitcoin now .... 66k and change, another 5 percent FAIL !!!
@Vinny.X
@Vinny.X 5 ай бұрын
​@@johndoe1.196 Your measuring the dollar against other currencies. All currencies are falling in value, so yes the dollar is holding value against those. In actuality of what your dollar is worth and what you can buy it's dropping.
@thewanger
@thewanger 5 ай бұрын
Gold IS MONEY!
@johndoe1.196
@johndoe1.196 5 ай бұрын
Nah bruh, internet tokens created in 2008 are the future of money. To the moon!🚀🚀🚀
@NapoleonDynamyte
@NapoleonDynamyte 5 ай бұрын
@@johndoe1.196For your sake, I hope you’re right. Sounds like your heavily invested. Good luck!
@PaulO-ew3hd
@PaulO-ew3hd 5 ай бұрын
No fairy tulip bitdust allowed here.
@webcomber
@webcomber 5 ай бұрын
Gold is a dead rock in a dark basement. It's stupid, inefficient, and slow.
@iceman20211
@iceman20211 5 ай бұрын
@@webcomber Lol it is in whatever electronics you are using to watch youtube and comment
@salamander5208
@salamander5208 5 ай бұрын
1n 1974, you need about 18oz of gold to buy a medium range Honda Civic. In 2024, it is about 12oz of gold.
@JackJackie-k6y
@JackJackie-k6y 5 ай бұрын
It's been an "April Fools decade" for mining stock shareholders'.
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights ❤️
@shanejones578
@shanejones578 5 ай бұрын
You don’t get paid by owning stock. You get paid by owning the gold. He who owns the gold makes the rules
@vremerman
@vremerman 5 ай бұрын
CNBC said gold was going up because it's cheaper to hold it. Interest rates supposedly going down makes gold going up. They should have mentioned the trillions of dollars floating around.
@muddyriverdogz
@muddyriverdogz 5 ай бұрын
What do they mean by "cheaper to hold it" ?
@stevegrant1010
@stevegrant1010 5 ай бұрын
Bitcon's intrinsic value is the billions spent on advertising to pump it.
@fernmoss-456
@fernmoss-456 5 ай бұрын
Lol succinctly put
@11bravo80
@11bravo80 5 ай бұрын
Yeah it's definitely owned by people that don't know shit about cryptocurrency😅😅😅 it's slow its clunky it's expensive there's no privacy😅 you can't put a smart contract on the blockchain it's owned by Institutional Investor morons😅 eventually people will catch on in Bitcoin will go to zero. Nobody accepts Bitcoin on the dark web😮 that is the beginning and end of all truth😮 what good is a cryptocurrency if nobody takes it
@mauroinnocenzi9420
@mauroinnocenzi9420 5 ай бұрын
Oh, there is still people believing in intrinsic value! Schiff, in fact, does not. It only uses it when he needs to validate gold, with its a non-existent case of industrial usage. Other than that, Schiff’s narrative against USD is absolutely founded on the non existence of the intrinsic value.
@northwestcoast
@northwestcoast 5 ай бұрын
Peasant
@camwalker1186
@camwalker1186 5 ай бұрын
Correct, the intrinsic value of crap coin is NEGATIVE 20 billion dollars.
@ajemeyson
@ajemeyson 5 ай бұрын
Schiff is Satoshi.
@guerrepsychologique5154
@guerrepsychologique5154 5 ай бұрын
Been saying that since day 1
@Simon_The_1st
@Simon_The_1st 5 ай бұрын
Great stuff, Peter. Keep up the good work!
@rickkemp1
@rickkemp1 5 ай бұрын
Happy B'DAY Bronco Petey. "Old man look at my life, I'm a lot like you were"
@Beijzer
@Beijzer 5 ай бұрын
Great tune
@reinhard7572
@reinhard7572 5 ай бұрын
GOLD at $2280 with DXY at 104...and no rate cut yet....Imagine what happens when DXY tanks and rate cuts take place.
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights ❤️
@jjwatt5126
@jjwatt5126 5 ай бұрын
Exactly. Gold at $2260 is still very cheap.
@shanejones578
@shanejones578 5 ай бұрын
@@jjwatt5126idk about you but I couldn’t buy an ounce of gold if I had 2 months to save.
@cuzmariosaidso
@cuzmariosaidso 5 ай бұрын
No cuts
@cooperwolfe1731
@cooperwolfe1731 5 ай бұрын
@@cuzmariosaidso how do they pay the bills then? they cant afford to keep the lights on at 0%.
@lr5397
@lr5397 5 ай бұрын
Love ❤️ your side comment...We are a Republic and not a democracy! 🎉 If only more citizens were aware and understood the difference!
@SnojetSteve
@SnojetSteve 5 ай бұрын
They don't like silver or oil either. The stock market is being propped up with AI, social media, crypto, chips, cheetos and playing cards. Meanwhile the companies that actually manufacture things of value are in the toilet. That is the message I am paying attention to.
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights ❤️
@abrahams.lincoln6749
@abrahams.lincoln6749 5 ай бұрын
Excellent podcast.
@Marketwizchap
@Marketwizchap 5 ай бұрын
Banana prices going up @ traders joes after never being increased is all you need to know that inflation is not going down……
@markbrisko8720
@markbrisko8720 5 ай бұрын
I just paid $8.25 for a loaf of asiago cheese sourdough bread, unbelievable!
@shanejones578
@shanejones578 5 ай бұрын
I haven’t been able to afford to make tacos in about 4 years.
@bariselem7097
@bariselem7097 5 ай бұрын
But is the rise in the goldprice not also a manifestation of inflation?
@mkw2555
@mkw2555 5 ай бұрын
Thank you Peter
@ffxbellini
@ffxbellini 5 ай бұрын
So why, given your connection between the price of gold and inflation, is gold going up every time interest rates are decreased by the Fed?
@mr1234tempo
@mr1234tempo 5 ай бұрын
If Bitcoin holders are smart, they should take a chunck of their profits and buy gold and silver!
@chaunceyhart1346
@chaunceyhart1346 5 ай бұрын
All of their profits before it’s too late
@CarlosGonzales-wm8xx
@CarlosGonzales-wm8xx 5 ай бұрын
Thank you for pod casting while on vacation.
@Barr894
@Barr894 5 ай бұрын
I don’t understand how US dollar would fall against Canadian Australian dollar pound rupee etc when those economies also have extraordinary debt, just as bad or worse than USA. Can someone explain.
@robertbunnell9590
@robertbunnell9590 5 ай бұрын
You just answered your question the public is more informed and are putting 2 and 2 together
@patriotsouthern8123
@patriotsouthern8123 5 ай бұрын
2% inflation for 15 years is 30% inflation. That’s BEST case.
@yoyoclockEbay
@yoyoclockEbay 5 ай бұрын
I think it's closer to 35% due to the compounding year over year, but could be wrong.
@johndoe1.196
@johndoe1.196 5 ай бұрын
Yep.
@Oilman6969
@Oilman6969 5 ай бұрын
We all know that’s not the real rate of inflation
@bhe8336
@bhe8336 5 ай бұрын
And then you begin to wonder how the volatility of the inflation could be contained so succinctly and robotically when the price of goods not measured in CPI or measured misguidedly, like OER, are sure to continue to outpace "core".
@drudini5812
@drudini5812 5 ай бұрын
There's a number of things wrong with your statement.. for one you don't understand compound interest, another is you trust the cpi numbers.
@FredJones-lo2df
@FredJones-lo2df 5 ай бұрын
Put trust in food,water, shelter. and happiness.
@blahblahuserrandomnameblahb
@blahblahuserrandomnameblahb 5 ай бұрын
In the last 34 days golds gone up $368 Australian dollars per ounce.
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights ❤️❤️
@richarddarsa6353
@richarddarsa6353 5 ай бұрын
Thank you for the brilliantly clearly expressed insight.
@jamesmoreno3434
@jamesmoreno3434 5 ай бұрын
Peter the GOAT
@mikeplaced3111
@mikeplaced3111 5 ай бұрын
Peter talks aense. Interest rates are not restrictive, inflation is rising, and next fed meeting QT will will be reduced which equates to QE and boom time gold/BTC
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
📞📞📞📞
@mikeplaced3111
@mikeplaced3111 5 ай бұрын
Listen to Microstrategy 2024 abundance presentation. Then apply detailed critique to that you tube. That would be a nice video to listen to
@davidelliott2485
@davidelliott2485 5 ай бұрын
Finally!!
@Alexandrite.101
@Alexandrite.101 5 ай бұрын
I was waiting for his update too. 😂
@webcomber
@webcomber 5 ай бұрын
Peter Keeps hitting home run after homerun! I am monitoring the Bitcoin COLLAPSE, down 7% in only one day! BUY GOLD!
@AGoogleUser-h2r
@AGoogleUser-h2r 5 ай бұрын
Hi Peter, In the 1999’s CD interest rates use to be 14.75% for a 36 month. Now For gold, people are way to late to the party! It’s because people are missing out buying? 😮😂
@derkong7114
@derkong7114 5 ай бұрын
I am back to being in the GREEN on my gold miner stocks... The price of miner stocks are still acting like gold is at 1800 per ounce....
@KingofJV
@KingofJV 5 ай бұрын
Boy am I glad I put 50k in metals and 25k in schiffs fund before the dollar takes a huge poopie.
@johndoe1.196
@johndoe1.196 5 ай бұрын
It's wise to diversify.
@johndoe1.196
@johndoe1.196 5 ай бұрын
Just don't end your Mexican trip in a duffle bag.
@Alexandrite.101
@Alexandrite.101 5 ай бұрын
lol!
@a40anda47
@a40anda47 5 ай бұрын
This guy literally said he met with one of the most crooked ex presidents of Mexico Vicente Fox and called him a good guy.....that is almost the equivalent of being in illegal business and cartel related
@bellakrinkle9381
@bellakrinkle9381 5 ай бұрын
This is why I watch Nobody Special Finance 6:00 AM daily. He is NOT CNBC. 😂😅😮❤
@johndoe1.196
@johndoe1.196 5 ай бұрын
A good daily show. No BS.
@jjwatt5126
@jjwatt5126 5 ай бұрын
Amazing channel
@theinflationsituation8870
@theinflationsituation8870 5 ай бұрын
🍉🍉
@garethf5131
@garethf5131 5 ай бұрын
Love Jack!!
@juancalderon5520
@juancalderon5520 5 ай бұрын
Min 12:00 look Peter, Gold will never be as high as Bitcoin no matter what, even if everyone bought it the price wouldn't change as much, reason for that is there's an endless supply of undeiscovered Gold on earth and outside of our planet. Bitcoin on the other hand has a limited supply and can never be increased in supply
@bruceposch1449
@bruceposch1449 5 ай бұрын
there is an endless supply of suckers in the world .buying btc
@asleeperj
@asleeperj 5 ай бұрын
And btc can always be subdivided
@jammnefu4950
@jammnefu4950 5 ай бұрын
Gold will never fold
@joeysocks5718
@joeysocks5718 5 ай бұрын
Thanks Peter. I’m making a decent profit with my REAL MONEY - gold and silver
@HuFlungDung2
@HuFlungDung2 5 ай бұрын
You might be missing the point. Gold will have to triple in value to show an actual profit relative to what it can buy. It's still doing catch-up.
@Zk8et
@Zk8et 5 ай бұрын
$BTC TO 10K $GOLD TO 5K BOTTOM LINE!!!!
@joeturnbow7600
@joeturnbow7600 5 ай бұрын
I've listened to your arguement for Gold a long time. Sorry if i've missed this before, a google search indicates we could run out of the "easy" to get gold within the next 20 years. Estimates are showing 244,000 metric tonnes of Gold in the world with 187,000 being mined to date. That leaves 57,000 tonnes "below ground". We are currently mining approximately 3,000 per year. That gives us less than 20 years of Gold left to mine using current technology. Won't this have a huge effect on the price of Gold over the next 10-20 years or am I missing something?
@dmitriy131
@dmitriy131 5 ай бұрын
Thank you❗ 👍 💪 👏👏👏 Gold is money everything else is credit The future is uncertain, but you can prepare ☝Gold Platinum ratio 2,49🤑
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
📞📞📞📞
@Carlos-im3hn
@Carlos-im3hn 5 ай бұрын
the overnight and Asia action has been fantastic, like the early 2000's. Sunday night gold and silver action are exciting again.
@andrevieira5729
@andrevieira5729 5 ай бұрын
Excellent show Peter Schiff 😊
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights ❤️❤️
@rebeccatan8
@rebeccatan8 5 ай бұрын
Peter is back!! Yay… glad to be able to catch your podcast again
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights ❤️
@bibibachmd9995
@bibibachmd9995 5 ай бұрын
Thanks Peter. I like Mexico City too. According to Robert Prechter's guys at Elliott Wave, Gold has a lot more upside. Of course there will be some pullbacks.
@donmarek7001
@donmarek7001 5 ай бұрын
To add insult to injury, the feds tax your measly few hundred dollars of interests earned in a CD or savings account at 10%. On the other hand, if you make less than $60k, you don't pay any capital gains on stocks unless you exceed the $60k threshold between that and income.
@BufordPusser582
@BufordPusser582 5 ай бұрын
Great video Peter!
@alesnecas7410
@alesnecas7410 5 ай бұрын
Gold is a great investment long term.
@rof8200
@rof8200 5 ай бұрын
If interest rates go up, the government will only be paying more interest and add more cash into the economy, which would create more inflation.
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights ❤️
@dmatrixbreaker
@dmatrixbreaker 5 ай бұрын
Thank you Peter!.. up up up we go
@bngeneva
@bngeneva 5 ай бұрын
Peter, don’t complain about MSM not paying attention 😀there is no bull market as strong as a stealth bull 😀 I hope u are not jinxing it 😀😀
@MrKostol
@MrKostol 5 ай бұрын
2300$ per oz:)
@hawksbill5037
@hawksbill5037 5 ай бұрын
So Gold moves up a LITTLE and Peter is all excited 😂😂
@ffxbellini
@ffxbellini 5 ай бұрын
You are ignoring the fact that it is an election year, and that the Fed is always in cahoots with the administration.
@jackshull1963
@jackshull1963 5 ай бұрын
Summer of LOVE was 1967
@stanwhite158
@stanwhite158 5 ай бұрын
How come your gold fund has a 10yr ROR of 3 %?
@HAMBURGER-s1l
@HAMBURGER-s1l 5 ай бұрын
FED ignoring data but at the same time data dependent.....interesting. Just like C.P.Lies. Great video...keep rockin!
@Jackson-l3r
@Jackson-l3r 5 ай бұрын
Heey, a title I love from Peter.
@davidelliott2485
@davidelliott2485 5 ай бұрын
I just paid over 300 bucks for a tire, after road hazard paid 100. Yeah inflation is way more than the gub ment says.
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights.❤️
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights.❤️
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights.❤️
@joycekoch5746
@joycekoch5746 5 ай бұрын
Silver grabbing Golds coat tail...own both.
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights.❤️
@johnwade3476
@johnwade3476 5 ай бұрын
It's all fucked we're at the end of the fiat bull shit
@kquat7899
@kquat7899 5 ай бұрын
The unusual price action further shows how it's usually manipulated. The price is probably being forced up because CB and other large physical deliveries are having a big impact.
@DanXRP
@DanXRP 5 ай бұрын
Great video Mr.schiff.
@charlespick248
@charlespick248 5 ай бұрын
Peter Start analyzing the why values rise and fall specific. We all know where the value of a commodity is and has been daily. Example, what will drive silver and gold higher, not just price history. Why are central banks increasing gold reserves??? Not simply cb are buying.
@shriaingnama
@shriaingnama 5 ай бұрын
that's some truly suave theme music Peter !
@damcof123
@damcof123 5 ай бұрын
We are so back
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
📞📞📞📞
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
📞📞📞📞
@user-wc1bg8th4z
@user-wc1bg8th4z 5 ай бұрын
If you wonder why Saylor pumps BTC so much, this is why. His net worth depends on convincing more victims to buy it.
@IosafBennis
@IosafBennis 5 ай бұрын
The Silent Depression gets set to go into a new gear
@vishniak1
@vishniak1 5 ай бұрын
Gold stocks are still bargain priced !
@slowride9994
@slowride9994 5 ай бұрын
Another way to interpret gold's rise is that gold is in a bubble like everything else. It will likely fall like the rest when the macro environment changes and the bubble pops.
@rolandbraun1197
@rolandbraun1197 5 ай бұрын
Did you forget that this a Presidential election year Peter? Yes the Fed will do everything possible to help the incumbent by lowering interest rates and stimulate demand !! 😊
@ricardotemporal
@ricardotemporal 5 ай бұрын
The FED is decreasing the balance sheet. When the FED cuts the interest rate, the demand for fixed rate bonds will increase; then, the FED can decrease the balance sheet even more. I think that is the plan.
@ejkalegal3145
@ejkalegal3145 5 ай бұрын
Your poor poor family - having to wake up at 7am on their holidays.
@lendvainorbert5257
@lendvainorbert5257 5 ай бұрын
Heritage Foundation gave zero points to US fiscal health and I can't find a word about it anywhere. I hope, Mr Schiff analizes this fact someday.
@charliecharlie9984
@charliecharlie9984 5 ай бұрын
how was the water availability?
@jgalt308
@jgalt308 5 ай бұрын
Inflation started in 1939 and hasn't stopped...according to government #'s, with only 3 years of less than 1% deflation. 1949, 1955, and 2009, and these are Gov estimates. In terms of gold, at the current official price of $42.( 1974 ) that inflation rate is 5400% or 6500% at the 1934/73 official price, and 11450% at the 1933 official price. By comparison total inflation from 1860 to 1939 by government #'s was 67%, and at 2300% or greater from 1939 to the present.
@jgalt308
@jgalt308 5 ай бұрын
BTW the official price of gold is also known as "lawful money" which still exists.
@jeravincer
@jeravincer 5 ай бұрын
Inflation-adjusted all time high in gold is $2650 approx … here we come!
@Consult__PeterSchiff__Now
@Consult__PeterSchiff__Now 5 ай бұрын
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights ❤️❤️
@CK-ie4hp
@CK-ie4hp 5 ай бұрын
The fake space program
@johndoe1.196
@johndoe1.196 5 ай бұрын
Yeah....ok.
@Ziegfried82
@Ziegfried82 5 ай бұрын
No man ever landed on the moon. The US government lied outright about the moon landings, the proof is easy enough: never went back since the early 1970s. I could go into all the inconsistencies but why bother when the most direct approach is the most effective? The US claims to have lost all the documentation for the rockets/equipment/telemetry data too. They lost the info for the most important scientific/exploration event in human history haha. But there are millions upon millions that still believe this lie. It's even causing a level of derangement where people think we can colonize Mars (Elon Musk LOL!!!).
@ScottAllenFinance
@ScottAllenFinance 5 ай бұрын
🤦🤦🤦🤦
@irishgamedog1511
@irishgamedog1511 5 ай бұрын
NASA: We would go back to the moon but we lost that technology.
@onemanarmysswampparty
@onemanarmysswampparty 5 ай бұрын
​@@irishgamedog1511 they probably scrubbed the tech
🔴 Fed Caves With Aggressive Rate Cut - Ep 980
55:23
Peter Schiff
Рет қаралды 109 М.
Live on X Spaces: Peter Schiff Covers Gold's New ATH and Other News
2:55:16
GIANT Gummy Worm Pt.6 #shorts
00:46
Mr DegrEE
Рет қаралды 32 МЛН
How Strong is Tin Foil? 💪
00:26
Preston
Рет қаралды 82 МЛН
Investor Anxiety Peaks Post Fed Rate Cut
6:04
Peter Schiff
Рет қаралды 47 М.
Mad Money - 09/20/24 | Audio Only
44:20
CNBC Television
Рет қаралды 3,1 М.
🔴 Gold Breaks $2,500. Kamala Would Send it to the Moon - Ep 975
55:27
Economy In Trouble As Recession Looms
7:28
Peter Schiff
Рет қаралды 91 М.
🔴 Bitcoin Faction Exposes the Evils of Democracy - Ep 971
57:28
Peter Schiff
Рет қаралды 73 М.
🔴 Gold Soars as The Fed Readies Rate Cuts - Ep 979
1:02:00
Peter Schiff
Рет қаралды 95 М.
🔴 Trump Dodged a Bullet, but Economy Won’t Be So Lucky - Ep 969
1:09:44
🔴 Will There Be an Emergency Rate Cut to Avert a Crash? - 972
57:27