GOLD: How The FED Lost The WAR On INFLATION | Peter Schiff

[@SoarFinancially]

We are on Substack! Be sure to check it out for exclusive summaries, video updates, and more! Peter Schiff article👉soarfinancially.substack.com/p/how-the-fed-lost-the-war-on-inflation

[@MacChallenge]

Nothing beats a Schiff-interview. The man is an absolute legend. His books are well-written, he’s well-spoken and I’ve learnt a lot from him over the years. Legend!

[@4anewdeal190]

did you invest with him?

[@crankhandle]

He was spot on with the fed predictions

[@GIPMASTA]

Peter is the best!

[@MarianoLucatero-r3n]

Peter for president ❤

[@NickS-vu2jk]

Great content, Kai. Peter Schiff is my favourite guest.

[@SoarFinancially]

Thanks 🙏

[@MegaHitman666]

Peter is honnest , knowledgeable , bright and allways saying the truth , demistifying the market enigma .

[@CatPDX]

Thank you both 💖

[@ronprychon2916]

PETER the GREAT!

[@wadedavies3924]

The only commodities that aren't being ravaged by inflation are PM's.

[@Corpsecreate]

Peter knows

[@supercecchi]

Fantastic interview

[@ishaks8152]

Gold like leather will never go out of fashion.🎉

[@Patriciabanks5]

Given reduced inflation signals and as the Federal Reserve has halted rate hikes, what are the best additions for a $220K portfolio to enhance the overall performance of my portfolio for 2025

[@frankbarnes22]

Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire

[@Johnlarry12]

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[@monicawill5]

Impressive can you share more info?

[@Johnlarry12]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@monicawill5]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@pdel303]

Peter has the solutions, which appear logical. Thus, the guv will never implement them.

[@petruflorintofoleanu5865]

PETER SCHIFF ❤

[@heatherb7042]

Good discussion on inflation. Inflation keeps increasing and I only hear numbers that are in the 2 to 3% range; it doesn't reflect the wholesale or retail reality. Trump has the best Cabinet of our lifetime and we should step back from being overly critical. Give him a chance. Admittedly the current administration deserves the criticisms for the lies.

[@jeffsurfanderson]

I'm going to say something that's crazy but would probably work more than any other scenario let's say you let everybody keep the money they make meaning no income tax but move a portion of that income tax to sales tax while we do a tariff of 25 across the board. This will allow people to spend the way they want invest the way they want of their own money while being taxed less through sales taxes

[@dawsonniehus4880]

that’s not really crazy, whats crazy is the government stealing anywhere from 20-60% of our income and how that is just normalized in todays world

[@toddweavet7703]

Stop spending additional funds until we're stronger again. CUT unnecessary expenses, and pay on tge interest and loan.

[@Computertrading]

Market does not expect FED to cut rates

[@jeffsurfanderson]

If we do riff off the Band-Aid and interest rates need to go up and then we go into stagflation or a depression and the debts would explode from the higher interest rates at that point if they were smart they should revalue gold and use gold to knock off a large portion of the national debt while they do Doge on the front end

[@sammacnicoll4943]

Wish people happy Chanukah too......!

[@alexpisano5188]

Peter, I love listening to your economic knowledge & understanding & I get your point when you talk about Trump & him slapping on tariffs, but would it be fair to say that if or when he does, it will then encourage the China's, Mexico's, Canada's & the rest to set up shop in the U.S which will then create jobs & somewhat help the U.S economy?

[@UBSINGH-pd7fp]

Manufacturing can become your cup of tea only when you have skilled labour at competitive rates. Otherwise it can become a disaster.

[@dawsonniehus4880]

generally yes it would encourage bringing back domestic production but the regulatory environment is abysmal in the U.S. so I’m not sure how feasible it would be to just start building factories and not to mention even if it did encourage domestic production it would take years and a lot of capital investment to rebuild our manufacturing infrastructure.

[@fredfarkle-bp9en]

Tell it Peter kick some astericks bro

[@silver-en7kl]

They’re still able to smash gold and silver down. Silver can’t even hold $30. Pathetic.

[@foxmoongaze]

Of course they can, the banks have control of the paper future contracts which make the spot price. If you buy gold and silver, especially silver, you need to think of it as a long term way out of the broken financial system that will preserve some of your wealth, not as a way to make quick dollar profits.

[@silver-en7kl]

@ so I’m not supposed to point out how annoying our corrupt system is? Not sure why this triggers the stacking community so much? It’s like you’re running to defend the LBMA and the crimex. Lol, if Peter Schiff complains about the paper sell off or the miners not getting their just and true value everyone applauses him, I do it and you want me publicly tortured to death. WTF? Complaining is letting them know we know they are corrupt.

[@LeoNidas-301]

For now. I say thanks for the opportunity to buy more ounces at lower fiat.

[@cockyhemi]

So what? Time to buy!

[@daneengibson7336]

How do you encourage savings when the interest is $ .004 and .04 .

[@stiffdrinkfinance1981]

47:00, I would not be surprised a Fed put in place on bitcoin, and heck, the next QE may even including purchasing $20billion a month bitcoin announced by the fed

[@maria610421]

What happens to Consumerism when everybody is broke?. Shop Keepers have done the Maths that's why all the shops are closing down. This Town is turning into a Ghost Town.

[@fascistphilosophy5649]

I seriously doubt other countries are keen on exporters dumping cheap goods into their national economies. USA could handle it because their economy runs almost solely on the USD and consumption , it was a unique case. ok bro

[@fredfarkle-bp9en]

Im a Peanut farmer, and when i follow this , im thinking Lower the borrowing costs to pay the National Debt interest expense but what do i know ??

[@thierryteirbrood621]

👌

[@danielmann9135]

I don't get why anybody listens to Peter. All he is, is an old style oil snake salesman. He always has something to sell and he never has a hold call. Always buy. No credibility Enjoy your podcasts Kai but I can't listen to this one.

[@JohnnysWorld777]

Get the world to agree to reprice gold and use that repriced gold to pay off the world's debt and then go back to sound money. Problem solved. No other way.

[@kurt6410]

Taking Peter's advice, a person could have 1 million dollars. Provided they started with 10 million

[@goldilocksminer8393]

Interesting that Peter doesn't even mention gold's historic 28% rise when considering memorable events of 2024!! Never one to accentuate the positive, that Peter.

[@st6548]

Schiff telling the truth, like always. I'm now in on miners too, can afford to wait and realize nobody else wants them, but I like being early, then waiting. To me, its clear that most miners just made multi-year highs in late October, so this is a dip to be bought if one has a long term horizon.

[@Stonkings]

Pete is such a clown when it comes to bitcoin

[@jayha7071]

Isnt bit coin just more monopoly money

[@goldilocksminer8393]

What happened to Peter's hair?

[@Richest_Person_in_the_World]

The plugs warranty expired

[@tinfoilhatplumber485]

If fake crypto didn't exist gold would be pushing 10 large...IMHO.

[@LeoNidas-301]

Agree 100%

[@cockyhemi]

There’s a reason why Bitcoin was “created”. And the fools that are gravitating to it are helping to seal all of our coffins.

[@ishaks8152]

Crypto is a spoiler for gold.

[@keithcorbin4973]

Peter acts like tariffs are a novel, theoretical concept. There are plenty of tariffs in place and the world hasn't ended.

[@LeoNidas-301]

Tariffs have historically been bad for the world economy. They are a tax on the end consumer of the country imposing them. Worst case is Smoot Holey Tariffs partially responsible for the 1930s Great Depression. I think Trump will use the threat to get concessions out of other countries and not impose Tariffs. I hope.

[@jeffsurfanderson]

I maybe having a brain fart but why is the Dixie skyrocketing while we are dropping the overnight rate

[@dstripedape978]

Safety? But if DXY keeps rampaging out of the blue, why buy gld?

[@cockyhemi]

Because we are in upside-down world.

[@davidmann2524]

They cut rate cut expectations next year

[@michaelmcdonald4442]

The usd is measured against other worthless fiat currencies. Only physical Gold and Silver is Money

[@JESUSisLORD4Everr]

Revelation in the Bible says that the merchants of the world that includes the rich men that get philthy Rich off of us they will mourn and weep when the destruction of Babylon happens

[@MeMeVoyageOf]

HAPPY HANUKKAH!! Peter is Jewish! Man, why does everyone think everyone in Americanis Christian?

[@igpiedra]

Its time to get pur crystal balls out

[@johntaylor8071]

He’s good at analysis but falls short on predicting the trump agenda. If you take it on the surface he has a right to be pessimistic but I don’t believe these are just another routine four years of politics.

[@yormosi-6251]

Someone should ask Peter how it is ethical to buy Philip Morris stock which he said he was doing. I tuned that boomer out a long time ago.😢

[@SteveSentosa]

This guy is becoming a joke!

[@SoarFinancially]

why?

[@SteveSentosa]

@@SoarFinancially He’s been wrong on bitcoin forever

[@Hawka-Loogy]

He’s wrong on gold, too. Gold does not keep up with inflation

[@SteveSentosa]

@@Hawka-Loogy did he say that!

[@willpagan1316]

This is peters plan , buy gold now that way he can sell because he already bought cheap 😅

[@Smy65]

Listen to Sheikh Imran Hossein for the truth of the future according to God.Hold gold and silver as the true monetary system.

[@bobbiecrider6964]

He's Done Mike Johnson... another one bites the dust.

[@Covidclown]

Hes a silver god

[@tiger_would4419]

Peter sells the plebs rolls of silver dimes as he stacks gold kilos 🫡

[@cockyhemi]

So what? You sound like a good little socialist.

[@tiger_would4419]

@ close, but so far at the same time