🔴 Gold Hits New All-Time Record High

  Рет қаралды 67,700

Peter Schiff

Peter Schiff

2 ай бұрын

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Пікірлер: 938
@bernadofelix
@bernadofelix 2 ай бұрын
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
@EdwinSolomon-zs3nz
@EdwinSolomon-zs3nz 2 ай бұрын
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
@KarenLavia
@KarenLavia 2 ай бұрын
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
@GeorgeDean-km3wm
@GeorgeDean-km3wm 2 ай бұрын
once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..
@KarenLavia
@KarenLavia 2 ай бұрын
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Margaret Johnson Arndt for the last five years or so, and her returns have been pretty much amazing.
@SandraDave.
@SandraDave. 2 ай бұрын
Thanks for this. could easily spot her website just after inputting her full name on my browser. She seems really proficient and flexible. she replied my inquiry and we scheduled for a call sometime tomorrow.
@lawerencemiller9720
@lawerencemiller9720 2 ай бұрын
if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries
@alexyoung3126
@alexyoung3126 2 ай бұрын
the idea is to Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions.
@johnlennon232
@johnlennon232 2 ай бұрын
Well said, with the help of the an investment advi-sor, I diversified my 62K portfolio across many markets and in a matter of months, I was able to produce over 356K in net profit from high dividend yield equities, bonds, and exchange-traded funds (ETFs).
@jessicamoore3093
@jessicamoore3093 2 ай бұрын
wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you dont mind me asking? in dire need of asset allocation
@johnlennon232
@johnlennon232 2 ай бұрын
Melissa Maureen Ward, advanced lady in her 40s and professional, reserach if you care for supervision.
@jessicamoore3093
@jessicamoore3093 2 ай бұрын
Impressive, I took a look at your advisr. I set up an appointment. I’m looking forward to her reply, I hope she sees my message.
@kayak9078
@kayak9078 2 ай бұрын
I’m just gonna say it…when I saw gold skyrocket yesterday I almost crapped myself. My first thought was that central banks were buying up gold because they know something we don’t.
@abrahams.lincoln6749
@abrahams.lincoln6749 2 ай бұрын
It went up nicely but certainly did not “skyrocket.” Not even close.
@jimscherer8072
@jimscherer8072 2 ай бұрын
At least change your underwear. You probably let something out.
@John-ou4rm
@John-ou4rm 2 ай бұрын
More likely there's strategic buying as the recession is looming. But yes, various BRICS nations may be getting up to quota of gold for the currency roll out.
@slowride9994
@slowride9994 2 ай бұрын
Basel III requirements.
@QuilishWammy
@QuilishWammy 2 ай бұрын
@@abrahams.lincoln6749 For an asset that has been stagnant for 13 years, a 2% rally is a 'skyrocket' 😉
@boostedhemi7118
@boostedhemi7118 2 ай бұрын
I run a pawn shop and people are selling not buying.
@murryfaquar7873
@murryfaquar7873 2 ай бұрын
Likely need the money
@damo010
@damo010 2 ай бұрын
The very definition of weak hands.
@QuilishWammy
@QuilishWammy 2 ай бұрын
@@damo010 The asset has been stagnant for 13 years. No wonder people don't want a lump of metal that is barely making them wealthier.
@citylotgardening6171
@citylotgardening6171 2 ай бұрын
​@@QuilishWammyI believe the suppression of precious metals is by design via the derivatives market and eventually this banking scheme will fail with the formation of the Brics countries not wanting Fiat of any kind will we be alive to see the real price of precious metals after the correction is anyone's guess
@CjplusLj
@CjplusLj 2 ай бұрын
My bullion guy said the same, people need cash and are selling rn
@freemazon1
@freemazon1 2 ай бұрын
Spot on brother! People selling gold to buy bitcoin. Central bank buying boat loads of gold...
@johndoe1.196
@johndoe1.196 2 ай бұрын
💯That's why they let Bitcoin pump & dump.
@toomanydiscs1056
@toomanydiscs1056 2 ай бұрын
​@@DapperCatPicturesthe shiny rock guys will eventually figure it out when gold is priced in Bitcoin
@Lukeor
@Lukeor 2 ай бұрын
Ha.... I got nervous because I bought gold with my tax refund at $2040. It hasn't even arrived yet and i'm up.
@jonathanandrew2909
@jonathanandrew2909 2 ай бұрын
Sell! Sell! Sell!
@richhands5269
@richhands5269 2 ай бұрын
My three favorite channels: Peter Schiff, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
@Shocojones1212
@Shocojones1212 2 ай бұрын
What about Adam Tagert or Gregory Manarino ???
@ad03dh
@ad03dh 2 ай бұрын
Thanks for the suggestions! Adding them
@trayler1618
@trayler1618 2 ай бұрын
Never heard of Stock Brotha but How Money Works is great too
@abrahams.lincoln6749
@abrahams.lincoln6749 2 ай бұрын
Troll
@QuilishWammy
@QuilishWammy 2 ай бұрын
A trifecta of losers. 🤣
@Patriciacraig599
@Patriciacraig599 2 ай бұрын
I'm tired of these new buys every week, I’m super skeptical about investing/ contributing 400k to my portfolio after being in the red for so long. Honestly don’t know how to go about this. Do you think Gold you just mentioned is safe buy to outperform the market this year?
@Natalieneptune469
@Natalieneptune469 2 ай бұрын
Buy BTC wait for the profits, it will happen. Sell the BTC and buy gold with the profits.
@kurttSchuster
@kurttSchuster 2 ай бұрын
For me. I would avoid buying anything without consulting an FA. the market is full of magics now and i really need to win. Honestly don’t know how to go about this.
@Blitcliffe
@Blitcliffe 2 ай бұрын
Agreed. Experienced financial experts like Natalie Ann Brinkman can provide valuable insights into market trends and potential risks. Their analysis considers a range of factors, helping investors make informed decisions and navigate uncertainties.
@eastwood224
@eastwood224 2 ай бұрын
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
@Blitcliffe
@Blitcliffe 2 ай бұрын
Search her on web with her full name,You'd find necessary details to work with a correspondence to set up an appointment.
@rpbajb
@rpbajb 2 ай бұрын
I bought a few Gold American Eagles on 6-30-2001 when gold was at $370 per ounce. Man, I wish I had loaded the boat.
@kaplada22
@kaplada22 2 ай бұрын
You could've also bought tech stocks and made more than 100 times that. Or BTC. Or LEGO. Or literally anything else that has performed better than gold.
@Japskir
@Japskir 2 ай бұрын
That’s incredible! After over 20 years, you created a $2140 fortune for your retirement. Congratulations.
@Radio280
@Radio280 2 ай бұрын
Imagine the tax u gotta pay on your profit 📈 if u bought it on $370 and sell of $3K? What u gonna do?
@dennistupper8262
@dennistupper8262 2 ай бұрын
Its not to late : You need to realize Just how much Debt dollar and all foreign currencies there is and how very little amount of gold there is to go around... 3000 tons per year is NOTHING To go around with our population... Think about it. 8 Billion people and only 106 million ounces per year .. HELLO Thats not even a quarter ounce per person...
@Misiracaltudamecekas-qw8xo
@Misiracaltudamecekas-qw8xo 2 ай бұрын
stocks and everything else but physical AU could be wortless in the morning
@juggernaut316
@juggernaut316 2 ай бұрын
Peter was right that $2000 was the new floor for gold
@slowride9994
@slowride9994 2 ай бұрын
we'll see. it's only been a few months and there's a bubble in everything right now.
@brockandrews922
@brockandrews922 2 ай бұрын
@@slowride9994you really think gold will go back under $2000?
@toomanydiscs1056
@toomanydiscs1056 2 ай бұрын
It's also the top. Should have bought Bitcoin
@user-wb2vv5xo2b
@user-wb2vv5xo2b Ай бұрын
Wrong about Bitcoin
@camwalker1186
@camwalker1186 2 ай бұрын
Peter’s knowledge exceeds the aggregate intelligence of the entire Shit coin community.
@red149
@red149 2 ай бұрын
I don’t know about shitcoin but he doesn’t even understand the basics of Bitcoin !
@b1gdaddy317
@b1gdaddy317 2 ай бұрын
Well said.
@DjmMik
@DjmMik 2 ай бұрын
Peter is, and has been, 100% incorrect about Bitcoin,
@petercottier1376
@petercottier1376 2 ай бұрын
Give it time! Bitcoin is only about 17 years old.
@EroticOnion23
@EroticOnion23 2 ай бұрын
@@red149 bitcoin is king-shitcoin...😆
@samnavarra504
@samnavarra504 2 ай бұрын
Regardless of your opinion on Peter's stance on Bitcoin, his perspective on Gold deserves recognition. Even though Gold has not consistently outpaced inflation, it remains a reliable store of value. Its historical role as a 'flight to quality' asset suggests it will rally in the coming years.
@BullsEye3333
@BullsEye3333 2 ай бұрын
@samnavarra504 What in the holy hell are you talking about? Peter deserves to be called out for his horrible financial advice for so many years. He's just another sleazy gold salesmen. According to Peter, gold should have been at $5,000 years ago. And what does he do after being dead wrong for so long? He jacks his absurd price prediction to $30,000. HAHAHAHA!!! That was episode 928 at 54:40. What a giant slap in the face to all of his followers.
@LarsLarsen77
@LarsLarsen77 2 ай бұрын
If you consider having the exact same amount of inflation as USD fiat to be "a reliable store of value" then sure.
@goldilocksminer8393
@goldilocksminer8393 2 ай бұрын
"it will rally in the coming years." Gee, I've never heard that before.
@Jalleur14325
@Jalleur14325 2 ай бұрын
Yes the issue is that if people had followed peters advice and sold the magnificent 7 5 years ago, you'd have missed out on massive gains.
@QuilishWammy
@QuilishWammy 2 ай бұрын
Think about this : Peter considers gold to be soooooo valuable that he's willing to sell it to you for fiat dollars. Can you understand what Peter's 'perspective' on gold is ? He considers gold to be inferior to fiat dollars. If he had thought gold was superior, he'd keep all the gold to himself.
@visions91
@visions91 2 ай бұрын
Peter is so HAPPY!!!
@chrispaul7849
@chrispaul7849 2 ай бұрын
sobers when btc hits satanic 66,600
@QuilishWammy
@QuilishWammy 2 ай бұрын
He can finally sell off more gold to his naive viewers. Peter thinks gold is sooooooooooooo invaluable that he is incredibly eager to give it off to everyone in exchange for 'worthless paper dollars' 😉
@user-ku4wq8xk7u
@user-ku4wq8xk7u 2 ай бұрын
Some People are replacing the dollar , also with agriculturan land .
@user-sw1un4nr2r
@user-sw1un4nr2r 2 ай бұрын
Every time peter says bitcoin, i take a tequila sip
@44251
@44251 2 ай бұрын
You gotta be half tanked by now.😊
@TehCommentMaster
@TehCommentMaster 2 ай бұрын
Are you dead?
@orenalbertmeisel3127
@orenalbertmeisel3127 2 ай бұрын
RIP 😂🫡
@rpbajb
@rpbajb 2 ай бұрын
Party on, Garth!
@jeffmotes2129
@jeffmotes2129 2 ай бұрын
You’re going to be an alcoholic…
@user-ws7qh5zg8f
@user-ws7qh5zg8f 2 ай бұрын
TRUTH SPOKEN HERE.
@notgunnadoit7461
@notgunnadoit7461 2 ай бұрын
Here's my opinion. We're 9 years into a gold bull market and we all know 95% of the gains happen at the last 5% of the timeline of the bull run. So once we see the equity markets experiencing earthquakes we see the final move in gold and silver. We all know that the inflation numbers are a complete spoof if we used the 1970s or 80s calculations we are well into the teens. We all know credit card debt is at a new all time high. We all know auto loan debt and defaults are at an all time high. We all know the new housing bubble is just insane. We all know the US debt and deficits are unfathomable. We all know there are conflicts across the globe ie Europe, Middle East, Asia, South American and the border crisis here at home. We all know the PEs are outrageous. We all know the Magnificent 7 is weighted at what 50% of the gains? We all know the unemployment numbers are completely manipulated to benefit this administration. We all know the Federal Reserve is way behind the curve with interest rates and they simply CANNOT raise rates to fight inflation due to the fact out government cannot afford it! We all know banks are still failing "NYCB" and will keep on failing because of their own reckless behavior. We all know China built entire cities with ZERO Chinese living in them. We all know there is NO way Ukraine can beat Russia in an all out war. We all know hamas MURDERED all of those Israeli citizens that sparked a major middle east conflict and stupid America children think that Gaza supports gay people instead of throwing them off of roof tops. We also all know silver is a critical metal and our supply will not keep up with demand. And we also all know foreign central banks are buying as much gold as they can get their hands on. So we all know all of this. Just buy physical gold and silver and sit back and watch. Yes it can drop in price due to manipulation and spoofing but there will come a time when the elites "JPM COMMEX" will absolutely lose control. And again we all know how gold and silver multi X in these situations just like historical data shows us. So again sit back, relax, watch the volatility and enjoy the ride up. $8,000 gold and $300 silver is the norm not the exception. So sit back, drink a beer, watch the rise and get ready to buy dividend stocks when the dust settles. That way you get a great yield at a very low cost and then you ride that up while reinvesting your dividends - not paying taxes on the gains and growing generational wealth for you and your family. Please someone tell me where I'm incorrect. I will read it and try to understand if you think I'm wrong and have data to prove me wrong.
@rpbajb
@rpbajb 2 ай бұрын
We all know all of that? I didn't realize I was that smart. LOL. Your evaluation of the present situation and the possible sequence of future events is certainly plausible. That kind of cycle takes half a lifetime, I won't be around to see it. Good fortune to you!
@Lexman00
@Lexman00 2 ай бұрын
We already found out that IDF shot and killed hostages. Nice try, zionist stooge.
@kayak9078
@kayak9078 2 ай бұрын
You just covered it all 👏
@KarlDietrich-ul7hz
@KarlDietrich-ul7hz 2 ай бұрын
And there is more ominous potential for the dollar's downfall as the Fed. must print money to cover the $7 trillion to cover the maturing G bonds this year.
@Radio280
@Radio280 2 ай бұрын
Imagine the tax u gotta pay on your profit 📈 if u bought your gold on $2K or less and sell it on $8K.
@vhjvku79
@vhjvku79 2 ай бұрын
Actually a lot of the public is selling gold and real estate to live as comfortable slaves on the plantation.
@joshuaisrael2494
@joshuaisrael2494 2 ай бұрын
Peter is spot on with Gold! I respect Peter greatly and he was one of the few individuals that spoke to the “Occupy Wall Street Crowd” in 2012. What Peter doesn’t mention is that many everyday Americans have run out of money because of high inflation. I would gather that those everyday Americans own gold coins and are selling to make home repairs or other big emergencies. I talked to my coin shop guy and he confirmed what Peter is saying. Many people selling Gold/Silver because there in a financial bind. Many people got their money for gold/silver from the stimulus checks. Peter is right about the mining stocks.
@matthewtcpa
@matthewtcpa 2 ай бұрын
Thank you
@iglesiasortiz6249
@iglesiasortiz6249 2 ай бұрын
Please I'm from Australia, I do i start forex, I'm newbie, I want to invest $2000
@Henryk3746
@Henryk3746 2 ай бұрын
Well, I'm here to learn how to invest after listening to a guy on BBC News Calvin Hill between who talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
@michealdebra9772
@michealdebra9772 2 ай бұрын
If you want to be rich as crypto holder the best Assets that can make one successful in life are crypto , forex, stock and share, By doing so you need a professional mentor or expert
@franklehenry2316
@franklehenry2316 2 ай бұрын
You are right, a lot of people are making money through crypto option people remain poor due to lack of knowledge about it
@franklehenry2316
@franklehenry2316 2 ай бұрын
Well, I'm from Australia I started my own crypto investment two years ago with just $3000
@christopheralice4119
@christopheralice4119 2 ай бұрын
It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
@TehCommentMaster
@TehCommentMaster 2 ай бұрын
Gold at near ATL in real terms.
@deeeeeeps
@deeeeeeps 2 ай бұрын
13:17 Pete said Bitcorn lol
@MadMayorZag
@MadMayorZag 2 ай бұрын
😂
@leefeegreenz
@leefeegreenz 2 ай бұрын
Gold to 3k silver to 65
@Wendytsang12
@Wendytsang12 2 ай бұрын
With the current market movement, you have $500,000 to invest. Where are you investing it?
@Lewyn298
@Lewyn298 2 ай бұрын
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.
@thelooseseal
@thelooseseal 2 ай бұрын
During bear markets, aim to 5x your portfolio through crypto accumulation and double down on dividends. Reinvest dividends to buy crypto during the next bear market. Consult a financial advisor for assistance. Since consulting one in 2020, my $1.2m portfolio has averaged 28% annually through restructuring and diversification using growth/blue chip stocks, ETFs, mutual funds, and REITs.
@TylerofSc004
@TylerofSc004 2 ай бұрын
During bear markets, aim to 5x your portfolio through crypto accumulation and double down on dividends. Reinvest dividends to buy crypto during the next bear market. Consult a financial advisor for assistance. Since consulting one in 2020, my $1.2m portfolio has averaged 28% annually through restructuring and diversification using growth/blue chip stocks, ETFs, mutual funds, and REITs.
@TylerofSc004
@TylerofSc004 2 ай бұрын
Aim to increase your portfolio five times during bear markets by accumulating cryptocurrency and increasing your dividends. Invest dividends again to purchase cryptocurrency in the next downturn. Seek advice from a financial advisor. My $1.2 million portfolio has experienced an average annual growth of 28% since 2020 thanks to restructuring and diversification using growth and blue-chip stocks, mutual funds, ETFs, and REITs.
@thelooseseal
@thelooseseal 2 ай бұрын
Who is this person guiding you and how can i reach he/she?
@mtradergame
@mtradergame 2 ай бұрын
It’s going to 3000 by end of this year
@SuperGirl-tf2wn
@SuperGirl-tf2wn 2 ай бұрын
Okay then, Nostradamus
@hulagirl98
@hulagirl98 2 ай бұрын
I believe it
@MrAnderson3
@MrAnderson3 2 ай бұрын
I think 2500 would even be an achievement, if it's 3k then oil is probably $120-150 a barrel
@nomoreserfs
@nomoreserfs 2 ай бұрын
How many times does gold have to disappoint? I would say 2500, but time will tell. Meanwhile Bitcoin will be around 100,000 to a 150,000 in that same time frame.
@mtradergame
@mtradergame 2 ай бұрын
@@nomoreserfs that’s cause gold is not a gambling machine it’s real money real money is not supposed to fluctuate in value it’s suppose to be stable gold is going up cause fiat currencies are losing value what use is your bitcoin if you can’t exchange it for fiat and buy good and services people like u are playing dumb to lure in people into bitcoin or maybe u are actually that dumb not sure which one
@jeffhadley3362
@jeffhadley3362 2 ай бұрын
Thanks DR Schiff
@GoredrinkerRS
@GoredrinkerRS 2 ай бұрын
We get it bro, you're a gold salesman.
@QuilishWammy
@QuilishWammy 2 ай бұрын
Hahahaha
@seannotaro473
@seannotaro473 2 ай бұрын
Saylor got balls man...
@DanR-kc1yt
@DanR-kc1yt 2 ай бұрын
Yeah he does, but at this point I'd say possibly a gambling addiction to. Sometimes you got to know when to walk away from the table.
@user-vl4nt2kc2n
@user-vl4nt2kc2n 2 ай бұрын
Learned alot from Peter. He makes total sense excpet when it comes to btc. Ive been in the gold market and btc for over 10 years. Guess which one has made me more profits and allowed me to buy more of the other to rebalance my portfolio? Ill wait. . .
@redkrawler
@redkrawler 2 ай бұрын
One of the Best videos. It’s called TRUTH. 😊 Thanks Uncle Schiff.
@briannewman6216
@briannewman6216 2 ай бұрын
If central banks around the world continue to buy gold at the current rate it will not be long before gold regains its status as the world's reserve currency. It will not be difficult for central banks to create derivate financial instruments using gold as the collateral. The BRICS central banks could then issue their own currencies using their own gold as collateral instead of using some other country's currency as collateral.
@BullsEye3333
@BullsEye3333 2 ай бұрын
@briannewman6216 Yeah!!! We'll make them pinky promise to redeem real gold and keep the peg this time. That'll work for sure. HAHAHAHA!!!
@danoostenbrink1078
@danoostenbrink1078 2 ай бұрын
If gold takes off and hits $3000+ and bitcoin crashes...do the Peter haters come back and say, shit, I WAS WRONG.
@Cutlerypotato
@Cutlerypotato 2 ай бұрын
If my aunt had balls shed be my uncle
@goldilocksminer8393
@goldilocksminer8393 2 ай бұрын
No, because that won't happen.
@walden6272
@walden6272 2 ай бұрын
Dead people can't respond. I assume they have committed suicide if Bitcoin goes to zero.
@QuilishWammy
@QuilishWammy 2 ай бұрын
Peter has been wrong about BTC for more than 10 years, yet he never admitted that he was wrong. Why would other people admit to this that they were wrong ? 😉
@Alloytribe86
@Alloytribe86 2 ай бұрын
Bircoin will fall. It goes in cycles dude. Bitcoin is the long game Block chain technology is really.good
@eddym5532
@eddym5532 2 ай бұрын
You never can`t go wrong buying gold.
@Jalleur14325
@Jalleur14325 2 ай бұрын
Unless you bought 12 years ago, at the top and have waited until now for it to return to that high
@QuilishWammy
@QuilishWammy 2 ай бұрын
@@Jalleur14325 Gold bugs will simply pretend that Gold does up regularly 😉
@b4ph0m3tdk9
@b4ph0m3tdk9 2 ай бұрын
Actually there was this one time in Band Camp....
@toomanydiscs1056
@toomanydiscs1056 2 ай бұрын
Gold is a terrible investment that doesn't even come close to keeping up with inflation. To all you gold investors, I'm sorry for your loss. Should have bought Bitcoin
@b4ph0m3tdk9
@b4ph0m3tdk9 2 ай бұрын
I started buying gold &some silver in summer 2017. Up a,100% since, with no risk at all.
@edpalmieri8647
@edpalmieri8647 2 ай бұрын
Excellent podcast!!!
@donsimon2830
@donsimon2830 2 ай бұрын
There is even a snooker tournament with a golden ball at the moment. Its worth 20 points. 20 POINTS!
@syedmohiuddinahmed7314
@syedmohiuddinahmed7314 2 ай бұрын
I love Peter Schiff's honest opinions. Thanks Mr. Peter
@QuilishWammy
@QuilishWammy 2 ай бұрын
He's a gold salesman. His opinions are the opposite of 'honest'. All he tells you is to buy gold.
@toomanydiscs1056
@toomanydiscs1056 2 ай бұрын
If Peter was honest, he would state a fact that gold is a terrible investment that doesn't even keep up with inflation. Sorry for your loss, should have bought Bitcoin
@renowdenbuyersadvocatesmelbvic
@renowdenbuyersadvocatesmelbvic 2 ай бұрын
Great talk Peter ... terrific info ... and bloody hysterical as well :)
@brianhoward9217
@brianhoward9217 2 ай бұрын
I'm in Australia so sadly find it difficult to take on Peter''s suggested fund advice. I've followed him since 2005 and his gold buying advice has worked very well - physical gold & silver - and I thank him profusely for it. I believed in him through his berating by the stupid lying mainstream media in all those "Peter Schiff Was Right" times on You Tube and it paid off for me. I'm really interested in his Adrian Day managed gold fund but have no idea how it would or even could work for me here in Australia. Still, my physical G&S bought over the decades on Peter's advice has worked well. Thanks Peter!
@jmcmob608
@jmcmob608 2 ай бұрын
Thank you very much...
@gh-dw3tg
@gh-dw3tg 2 ай бұрын
And he delivers......the Highs of the Highs.....Thx Peter....keep rockin!
@QuilishWammy
@QuilishWammy 2 ай бұрын
Highest of highs after years of stagnation. Yay! A monstrous 2% rally after 5 years of sideways movement. Such an amazing asset 😉
@jeffm9227
@jeffm9227 2 ай бұрын
Peter, when are you going to discuss Webb's book "The Great Taking"? I am very reluctant to hold any securities (even though I'm in your gold fund) if you really have no true ownership.
@CjplusLj
@CjplusLj 2 ай бұрын
Great book, that guy knows his stuff
@Elaine2002
@Elaine2002 2 ай бұрын
Great video!
@animalblack8482
@animalblack8482 2 ай бұрын
Very good Peter thxu.
@johannesgamboa4276
@johannesgamboa4276 2 ай бұрын
Peter is my favourite bitcoin maxi
@thisiswhereweare9006
@thisiswhereweare9006 2 ай бұрын
I’ve never seen Peter so excited.
@joostonline5146
@joostonline5146 2 ай бұрын
After 25% more money supply gold went up 2%
@ptupy
@ptupy 2 ай бұрын
Peter gets the big picture. Buying gold preserves your purchasing power over time, and this is what matters. The rest is like gambling in a casino, and the house always wins at the end.
@BullsEye3333
@BullsEye3333 2 ай бұрын
@ptupy What are you talking about? Gold can't even keep up with the rigged inflation rate, let alone the real rate. If gold was really a store of value, then the chart would look like the CPI chart.
@babagreg48
@babagreg48 2 ай бұрын
Over time
@nomoreserfs
@nomoreserfs 2 ай бұрын
What is so different about the gold markets compared to others?
@LarsLarsen77
@LarsLarsen77 2 ай бұрын
It's been going down since the inflation adjusted ATH in the 1980s@@babagreg48
@trappart9209
@trappart9209 2 ай бұрын
It is okay to take big profits while preserving your wealth. You don't have to choose between them. Have some allocation to riskier assets and have some in safe assets. Why would you miss the gains
@wpetersen1081
@wpetersen1081 2 ай бұрын
Hahaha Captain Ahab!!
@davidtaylor8447
@davidtaylor8447 2 ай бұрын
Thanks Peter!
@johndoe1.196
@johndoe1.196 2 ай бұрын
I see gold as those yellow floating barrels they attached to the shark in Jaws. The government is the shark.
@FefeLeVrai
@FefeLeVrai 2 ай бұрын
You're right, bitcoin is a bet on fools. That's why I think it's a pretty good bet.
@SuperGirl-tf2wn
@SuperGirl-tf2wn 2 ай бұрын
It's a casino. Don't be the bag holder.
@BullsEye3333
@BullsEye3333 2 ай бұрын
@FefeLeVrai Bitcoin is a bet on the best form of money. Do I need to remind you of the 25 use cases I sent you about 2 weeks ago?
@prndownload
@prndownload 2 ай бұрын
@@SuperGirl-tf2wn Yeah there is a reason you don't see ads for online casino's anymore. All those crooks are behind crypto now.
@thehungergames8918
@thehungergames8918 2 ай бұрын
@@SuperGirl-tf2wn Good morning SuperGirl from Germany 🇩🇪 ⛅☕🍳🥨 🙋‍♀️💁🏻‍♂️
@user-ru9nl5wr7i
@user-ru9nl5wr7i 2 ай бұрын
Peter! 👍🏽⭐️
@physeter761
@physeter761 2 ай бұрын
I look forward to your comments on the State of the Confusion address. Thanks for the insight, Peter.
@kurt6410
@kurt6410 2 ай бұрын
I'm surprised that Spencer hasn't added back his laser eyes
@jolly1039
@jolly1039 2 ай бұрын
Wow good insight.. I see lots of economic video online and most of them cannot explain this. What you said make sense! Thanks
@Chris-tq1jy
@Chris-tq1jy 2 ай бұрын
I should've just bought Microstrategies ten years ago and not listened to Peter Schiff.
@sgocmencelebi
@sgocmencelebi 2 ай бұрын
you should have or BTC
@QuilishWammy
@QuilishWammy 2 ай бұрын
Exactly
@chrysanthemum8392
@chrysanthemum8392 2 ай бұрын
Astute analysis!
@chriskagan8278
@chriskagan8278 2 ай бұрын
Exactly right. For those who are very savvy the junior gold producers and best gold and silver exploration juniors offer better leverage. For those who have not studied these the gold funds are great now.
@French_Connection
@French_Connection 2 ай бұрын
Legend in the field of Precious Metals - - - Peter S.
@Bitshekels
@Bitshekels 2 ай бұрын
Peter! Turn on your subtitles! It's free!😆
@WhySilverWhyNow
@WhySilverWhyNow 2 ай бұрын
After all these years I’m still completely clueless on how the supply of physical effects the spot price. The way the paper market is structured I’ve always believed supply could be drained to 1 single Gold Eagle remaining on earth and spot could still fall
@phillipsoto8505
@phillipsoto8505 2 ай бұрын
congratulations
@user-nr7jm1so5j
@user-nr7jm1so5j 2 ай бұрын
Makes sense ... in the current monetary craziness.
@wapiti3750
@wapiti3750 2 ай бұрын
I don't understand why Schiff says buy gold and then immediately says buy it from Schiff Gold. If he's so high on gold he should be holding it, not selling, right?!
@BullsEye3333
@BullsEye3333 2 ай бұрын
@wapiti3750 Of course Peter sells his gold. How else is he going to collect that massive 8% premium? Peter's just another sleazy salesman. Yes, he gives financial advice but he doesn't mind being the worst financial advisor ever.
@honkler1697
@honkler1697 2 ай бұрын
It's not his. They are simply reselling. Same as supermarkets.
@QuilishWammy
@QuilishWammy 2 ай бұрын
@@honkler1697 If he thinks gold is so invaluable, why doesn't he keep it for himself ? He seems soooooo eager to give you the gold in exchange for 'fiat dollars'. On the contrary, BTC enthusiasts never sell their BTC. They'll keep buying as much BTC as they can, because they believe in the asset. Peter keeps selling as much gold as he can, because he merely wants to sell the shiny metal to naive 'investors' 😉
@kyleinpa5285
@kyleinpa5285 2 ай бұрын
Newmont Mining isn’t going up because they’re losing money even with a gold at an all-time high because of increased labor and energy costs. The royalty companies are the only way to play gold.
@tyrone1son
@tyrone1son 2 ай бұрын
Amazing. I’m around a lot full time working people and none of them have the extra $ to invest
@phillow7749
@phillow7749 2 ай бұрын
Silver is the People's money
@QuilishWammy
@QuilishWammy 2 ай бұрын
Tell them to pull themselves up by their bootstraps 😆
@Bladeoceanic
@Bladeoceanic 2 ай бұрын
I don't have much cash on hand to buy gold. I do have a lot of silver though. Should i exchange some of my silver for gold or try to buy a small amount of gold for what little cash i have?
@user-uc5um3io2j
@user-uc5um3io2j 2 ай бұрын
I'm worried for the gold price now.
@toomanydiscs1056
@toomanydiscs1056 2 ай бұрын
Don't worry it's going to stay exactly where it is for many years to come.....if you want to make money, buy Bitcoin
@macroman9303
@macroman9303 2 ай бұрын
The mental gymnastics this man goes through lol. He sells gold, not btc. Once he starts finding a way to sell btc I bet his tune adjusts
@sgocmencelebi
@sgocmencelebi 2 ай бұрын
if he ever starts to sell BTC, the price will skyrocket to the moon even he tries half of his efforts to sell gold.
@israelajala496
@israelajala496 2 ай бұрын
How can I buy gold ? where ? A particular platform?
@bicmitchum4715
@bicmitchum4715 2 ай бұрын
“…the main event. THE ELEPHANT IN THE ROOOOHM!…” 17:44 😂😂😂 Love me some Schiff!!
@KarlDietrich-ul7hz
@KarlDietrich-ul7hz 2 ай бұрын
Peter, how can they possibly apply Q.T. when they must pay out the $7 trillion in maturing G bonds?
@DanDan-kp1pz
@DanDan-kp1pz 2 ай бұрын
AUGG -us Augusta Gold did well today! + 14 % in just one day I owe with over 60 000 units. Target price over 5 $ and more .
@Sam-yr3qh
@Sam-yr3qh 2 ай бұрын
On one hand, Peter says central bankers know nothing, on the other hand he says central bankers are now buying gold because they are ahead of the game. 🤡🤡🤡
@matthewmorgan9269
@matthewmorgan9269 2 ай бұрын
Yes, he needs to make that clear although the Central Bank(s) he refers to are those of other countries, particularly in Asia.
@QuilishWammy
@QuilishWammy 2 ай бұрын
He says random things on each video, regardless of whether he contradicts himself or not. Yet, his simple-minded 'followers' gobble it up as if it's gospel.
@diegomorales8616
@diegomorales8616 2 ай бұрын
I've bought a bunch of gold mining stocks for 15+ years, but I wish I had bought any basic stock index fund instead. Just look at the charts.
@Cutlerypotato
@Cutlerypotato 2 ай бұрын
Bingo, Pete's owns us mega cap tech stocks I'm sure, it's just that he runs a gold company so he's alwaysd dooming
@panzervalkyrie9299
@panzervalkyrie9299 2 ай бұрын
Marc Cuban = all time contra indicator
@QuilishWammy
@QuilishWammy 2 ай бұрын
Peter Schiff is the all-time contra indicator 😉 He has been calling for a 'collapse' for the past 13 years, yet nothing has happened.
@themfu
@themfu 2 ай бұрын
Awesome video Peter!
@FabGeorge
@FabGeorge 2 ай бұрын
Buy some gold, but buy a lot more silver when the ratio is at 90 and above.
@ecopsych101
@ecopsych101 2 ай бұрын
You know were are at some special peak something when schiff has to say “bitcoin” 300x in a 20 minute monologue
@jasonclement6305
@jasonclement6305 2 ай бұрын
Lower market caps have more movement in both directions.
@DegreesOfThree
@DegreesOfThree 2 ай бұрын
Only took 13 years to make a slightly new high. Yay! 😒
@QuilishWammy
@QuilishWammy 2 ай бұрын
Hahaha
@Ager1987
@Ager1987 2 ай бұрын
Can you explain why Costco keep saling phisical gold?
@389293912
@389293912 2 ай бұрын
Peter you are right about how gold SHOULD perform. You you are the most sane, logical and honest person in the financial world. But I would rather be wrong and rich, than right and poor. 😅
@trappart9209
@trappart9209 2 ай бұрын
Wait but British pound was a world reserve currency and USD actually gradually replaced it. Could someone explain this please? Am I wrong
@briancurtis9028
@briancurtis9028 2 ай бұрын
Can you explain the difference between EPGFX and EPGIX?
@yashpalw9371
@yashpalw9371 2 ай бұрын
Peter Schiff should not give so much footage to Bitcoin and compare it with Gold. They are completely different assets. Shitcoin is a multilevel marketing scheme that can keep going on, smtimes rise rapidly , as long as bag holders keep coming in. Its only the last bag holders who will get screwed. Gold is older than any currency but will keep rising slowly as Indians and Chinese wont buy if it suddenly increases .
@briangranger1741
@briangranger1741 2 ай бұрын
gold miners to double over the next 2 years.
@rpbajb
@rpbajb 2 ай бұрын
They've gotta triple to get me back to where I bought in. I'll probably hold, though, even then.
@briangranger1741
@briangranger1741 2 ай бұрын
@@rpbajbI was talking more the major miners. I don't play the Jr. miner game. large cap miners pay dividends like 3-4%. Agnico Eagle Mines Ltd for example.
@QuilishWammy
@QuilishWammy 2 ай бұрын
@@rpbajb Lol. You'll be holding onto the bags for a looooooooong time.
@JAVEDKHAN-vb7bu
@JAVEDKHAN-vb7bu 2 ай бұрын
Legend !!
@Simon_The_1st
@Simon_The_1st 2 ай бұрын
The Controllers have used Bitcon to manipulate Gold. They could be losing control. Or they might have stopped control. If so, I will not be surprised if we see Bitcon type percentage upward moves in Gold soon.
@Eros13adios
@Eros13adios 2 ай бұрын
Remember, BITCOIN is "RAT POISON SQUARED" 🐀 🪤
@paulcagnassola6197
@paulcagnassola6197 2 ай бұрын
He is so happy 🎉😂
@weekendhero7411
@weekendhero7411 2 ай бұрын
By definition, shouldn't the nominal equal the real price of physical gold and silver ?
@Jalleur14325
@Jalleur14325 2 ай бұрын
Silver has potential yes - it is in big demand for the so called "energy transition" (which will be impossible with the way we (the developed world) guzzle energy). But its needed in solar panels as one example.
@BullsEye3333
@BullsEye3333 2 ай бұрын
@Jalleur14325 Did you hear that from some sleazy silver salesman? Silver is a horrible investment for many reasons. The most important is that there is plenty of silver mined every year to satisfy the physical demand. So you're so called "energy transition" means nothing.
@user-lm2rx7np9g
@user-lm2rx7np9g 2 ай бұрын
Is there any case to be made for also buying some real estate?
@DE-ef3xd
@DE-ef3xd 2 ай бұрын
Gold is money, everything else is credit. I personally see gold and silver as money. Wanna hear a joke? I exposed someone I know to gold when it was $1300 or so. He didn’t get into it until gold was $1800 and change. Now he asks me, brother, let me know when it goes down to $1300s 😆 Bud, you gonna be waiting for a long time hahahaha.
@melonybhual9982
@melonybhual9982 2 ай бұрын
❤❤❤❤❤
@randybest9187
@randybest9187 2 ай бұрын
Michael Saylor looks more like a drunken sailor with each passing day.
@QuilishWammy
@QuilishWammy 2 ай бұрын
He's making money tho. Peter, on the other hand, has to beg his viewers to buy more gold (from him).
@donm2067
@donm2067 2 ай бұрын
3k$ for gold in Canada. Its so strange that gold can go higher, but sikver languishes.
@guy35451
@guy35451 2 ай бұрын
Listen to the smart central bankers ..Brilliant! 😂
@dustinkirichkow6115
@dustinkirichkow6115 2 ай бұрын
🙌
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