Oct. Job Numbers & Pending Housing Market Crash

OAN's REAL AMERICA -- Dan Ball W/ Peter Schiff
Recorded 11/8/23
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#uaw #union #strike

[@nicolasbenson009]

I recognize the hardships that come with economic struggles like unemployment, job loss, inflation, housing market instability, political uncertainties, and the global impact of conflicts and wars. Making ends meet during such times can be incredibly challenging. To navigate this difficult period, considering alternative job prospects, enhancing skills through online courses, and expanding your network can heighten the chances of securing employment. Moreover, prudent budgeting, exploring available financial aid programs, and seeking assistance from community organizations can offer some relief. How are you currently tackling these challenges? Have you implemented any specific strategies to cope?

[@SandraDave.]

In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor OR in a financial market, requires guidance at some stage.

[@KarenLavia]

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.

[@Suleferdinand]

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]

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.

[@Derawhitney]

Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.

[@HodgeChris]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[@Pamela.jess.245]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@carssimplified2195]

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@Joebiladen159.]

I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?

[@carssimplified2195]

I had the pleasure of working with one and it proved to be immensely advantageous as they helped me restructure my entire portfolio. My advisor is none other than ‘JULIE ANNE HOOVER, a renowned figure in her line of work whom you may be familiar with.

[@Joebiladen159.]

she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing

[@Rochelletrem]

I fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $500k, but I'm not sure on how to mitigate risk.

[@ilyaveysman.]

Consider shifting your investments from real estate to equities. Severe recessions present market buyers with caution, since instability might produce short-term trading chances. Although this is not financial advise, it may be prudent to invest because cash is not optimal at this time.

[@AbdoolLogodesign]

Home prices, in my opinion, will need to decrease by at least 40% before the market can be considered normal. If you are unsure whether to buy a property or not, it is essential to get the advice of an experienced adviser for correct portfolio allocation. That's how I've managed to keep afloat for the past 5 years, earning approximately $1 million in return on investments.

[@Jessicahensley.]

@@AbdoolLogodesign I hope you don't mind if I ask you recommend this particular professional you use their service?

[@AbdoolLogodesign]

Julie Anne Hoover" oversees my portfolio, simply do your due diligence. She's an extremely intelligent person, very thoughtful, cautious, and shows a great deal of expertise with over two decade of experience in her line of work.

[@Jessicahensley.]

@@AbdoolLogodesign Thank you for this tip , I must say, Julie appears to be quite knowledgeable. After coming across her web page, I went through her resume and I must say, it was quite impressive. I reached out and scheduled a call

[@PatrickLloyd-]

I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .

[@Dannyholt33]

I agree, It's not just the prices, but also the increasing interest rates that are making it more difficult for people to afford homes. With a good FA you can make up your portfolio.

[@PhilipDunk]

The housing market has always had its ups and downs, but it's true that this time feels different. Having a portfolio manager will save you a lot in the market , My portfolio currently has 200% increase last couple of months with the help of my advisor.

[@trane85]

@@PhilipDunk in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of lose.

[@PhilipDunk]

There are many financial coaches who excel in their profession, but for the time being, I employ “Vivian Carol Gioia” because I adore her methods. You can make research and find out more.

[@trane85]

@@PhilipDunk I set up a call with her and am really grateful that I did. I copied and entered her name into my browser and it came up in the top search results. I've seen comments about advisers but not one who looks this amazing.

[@maxwellOk]

In spite of how everyone is frightened and calling the crash, there is already an excessive amount of demand waiting to absorb it, which is another reason it's less likely to happen that way. This forecast was not made in 2008, at least not by the general public, as I will explain below. The ownership rate peaked in 2004, according to the other comment. We reached a peak in the second quarter of 2020 and are currently at the median level. From 2008 to 2012, it fell by 3%, and in the second quarter of 2020, it dropped from 68 to 65.

[@danieljackson87]

Given that we are not used to such volatile markets, the fact that the US stock market has been on its longest bull run in history helps to explain the widespread fear and enthusiasm. There are chances if you know where to look, as you noted when I earned more than $780k in the prior ten months. I hired a portfolio advisor because I knew I would need a solid plan to get through these difficult times.

[@mikeharry96]

@@danieljackson87 My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor.

[@danieljackson87]

It was run by Julie Anne Hoover, who I learned about and got in touch with thanks to a CNBC interview. Since then, it has served as the point of entry and departure for the games we have emphasized. A search on the internet can be done if tracking is necessary.

[@andrewlogan7737]

@@danieljackson87 I just copied and pasted Julie’s whole name into my browser, and her website appeared right away. You've saved me several hours of arduous research, therefore I appreciate it.

[@jesse_-]

There is not going to be a crash. Not enough inventory.

[@TonyaDepaola]

Engaging in an individual option is fair but its performance level can’t generate high dividends. Diversification is the secret to optimal performance, that’s why I have my interest set on options based on projected growth and performance.

[@DionneRabey]

To create high dividends, it’s wrong to engage in a single option rather than diversify into various options with high performance coupled with the aid of a Pro will generate higher dividends

[@LynGrengs]

Do not lay your eggs in one basket.” I engage on various options with the aid of my pro, *JENNY PAMOGAS CANAYA* and so far have acquired so-much

[@TonyaDepaola]

I just searched *JENNY PAMOGAS CANAYA* out of curiosity, her profound dexterity looks too ideal for everyone on board!

[@alesnecas7410]

Not just Biden. Republicans spend same. You need libertarian.

[@mrmustangman]

that probably won't help either.... we are so far in the hole, there is no getting out without a collapse of the financial system....

[@mrleafbeef634]

​@@JustForFun-bh7lndon't care about politics as long banks crash I'm in

[@KevinBrown-h9m]

Peter Schiff is such a beast. He is an economics professor we all get to learn from for free.

[@JE-bd3wu]

~40% of us dollars were printed in the past few years. Why hasn't gold gone up 40%

[@420Gold]

Gold was 1200 in like 2018, it’s 1900 now. That’s more than a 50% increase…. What do you mean gold hasn’t gone up? Gold opened 2020 around 1500.

[@mrleafbeef634]

​@@JE-bd3wusome went to housing, rent, & loans.

[@JE-bd3wu]

@@420Gold 2018 is an arbitrary date like me saying it was 1800 in 2012.

[@liciaramos320]

*The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH.... stock,silver and gold)*

[@LindaNates]

Even with the bad economic, My life has totally changed since I started with $3,000 and now I make $68,700 every 14days for the past 3 months, I can afford any car or house of my choice right now and I don’t need to worry about my retirement ….,God bless Mrs Eleanor Nelson Barnes

[@patriciahoward6152]

So much pains in my heart due to so many debts. How can I go about it ! I would really appreciate if you show me how to go about it. Please what crypto should I buy, how can I do it ?

[@bettyjohnson4514]

Honestly, I’m surprised that this mrs eleanor nelson ,is mentioned here, came across a testimony about her from one of the beneficiaries on the CNBC news, she seems to be doing extremely well….

[@sofiaogarcia2119]

Her good reputation already speaks for her last month i invested over $10,000 with her and I've already made over $150,000 profit.

[@sharondennis7252]

This is exactly what I’ve been looking for I will message her right away I want to invest ❤️‍🔥many friends makes lots through brokers

[@GoldenAgeDave]

Only one question matters at this point. How long can they continue to kick the can down the road? Days/months/years? I personally thought this would have all blown up years ago. I was wrong.

[@Jason-sf8vx]

Peter is one of the most renown Investment guru in the world

[@tracedog27]

Schiff is like the infinite universe’s theory. Eventually, somewhere, at some point in spacetime there exists a world, identical to ours, with the same history and same inhabitants where all his predictions are 100% true.

[@Neeper78]

😂

[@Daniel_12_3]

In my opinion, housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.

[@Alex_will12]

I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you're careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn't king at all in this time!

[@Pat_laura22]

You are right! I've diversified my portfolio across various markets with the aid of a financial adviser, I have been able to generate a little bit above $450k in net profit across high dividend yield stocks, ETF and bonds.

[@geraldhoward6351]

I have been thinking about how to grow my reserve by at least 40% or more within months. I will be grateful if you can give tips or anything on how to make good market picks and how I can get my portfolio diversified and balanced in order to meet up my target.

[@Pat_laura22]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've been stuck with “Iynne Marie Stella” for about five years now, and her performance has been consistently impressive.

[@williamsscott3303]

Thanks for this. I just googled her name and found her webpage. I'm really impressed with her credentials and I reached out to her since I need all the assistance I can get.

[@Scylla-456t]

I fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.

[@322dawgg]

Consider reallocating from real estate to stocks. Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. Not financial advice, but it may be wise to invest, as cash isn't ideal in this period.

[@Upscreen6542]

In my opinion, home prices will need to fall by at least 40% before the market normalizes. If you do not know whether to buy a house or not, it is best you seek guidance from a well-experienced advisor for proper portfolio allocation. So far, that’s how I’ve stayed afloat over 5 years now, amassing nearly $1m in return on investments.

[@user-3456rtu]

this is quite huge ! what have you invested in ? much more info needed please ...

[@Upscreen6542]

I've shuffled through a few advisors in the past, but settled with 'Nicole Desiree Simon her service is exemplary and she's a genius in portfolio diversification. I'd suggest you research her further on your browser, sure you'll find her basic info.

[@user-3456rtu]

Appreciate this recommendation, hopefully I can get some insight to where the economy is headed and strategies to beat inflation with when I hear back from Nicole

[@naturalfreeness322]

When peter schiff and chris hedges are in agreement about the trouble we are in, its a big deal

[@amdg01007]

Is that so? You think the dollar will lose its value and if so, for how long?

[@glengarbera7367]

Don't forget trumps 5 trillion.

[@bbasleigh6149]

If the fundamentals all going up the spout what effect on derivatives market crashing like 2008?

[@charlescasaburi5333]

We have diverged so far from a market outcome that we can’t ever get back. If we allowed a market to actually exist it would destroy this country

[@anandkulkarni2111]

Spot on. The central planning rascals in the federal reserve dont want these imbalances to be corrected. They want full control over the value of money in your pocket. Fiat is the only system in which they can accomplish this. With a monetary system backed by basket of commodities or precious metals , govt and its power over money, freedom is reduced. They dont like that.

[@John-dh1gh]

Not sure about Peter's logic. If the bank lends at 3% and its leveraged say 10x on capital, then it's still 30% on it's available capital (UK banks have like 2% capital ie 50x leverage from what I've seen). Sure, its disadvantageous paying depositors more than historical lending rates and its finance structure requires it to maintain a certain level of retail depositors (where it's cheaper than the FED facility). HSBC for instance has had a huge uplift in its profits due to increased rates. It's only a problem if there's loan defaults as using 10x lending requires only a 10% impairment to wipe out capital.

[@har_d_rocks9987]

He might be having insider information about the insolvency of banks. That's why he is confident

[@John-dh1gh]

@@har_d_rocks9987 What I'm getting at is while he can be confident about the solvency of banks he's incorrect to point at interest rates as they are making not losing from increased rates. Where banks can lose (and thus solvency) is the effect of interest rates on potential defaults of borrowers.

[@bad_boy8269]

Of course his solution is shiny metal objects 🙄

[@bratbrigada]

Zaluzhny warned that Zelensky tried to kill him? Two days ago, the assistant of the Ukrainian army commander Zaluzhny was killed with a grenade gift set (The latest police version is that he received a kind of funny gift box from an unnamed army friend for his birthday, which contained 6 REAL grenades and a bottle of alcohol, and let his son play with them, not realizing that they were real, then the son pulled out the pin of one of the grenades, and the boy took it from his son)… However, all Western media outlets ignored Zalužny's video message announcing the death of his assistant and saying that he should give him NOTHING, NOTHING under any circumstances, he doesn't want any gifts (basically, he stated that he was in danger of being killed.)

[@tomr6955]

Pending market crash for the last 15 years 😂

[@JohnJohnCrusher]

Guess who will have the last laugh. Hint: it's not you

[@jesse_-]

@@JohnJohnCrusheryes he will. Just because you want house prices to fall doesn’t mean there is going to be a crash. Inventory is so low, if the housing market crashed, the economic situation would be so bad, people would not be in the position to purchase houses.

[@anthonyguzman6759]

The banks are not losing money on ever mortgage being paid. Come on lololol

[@The231447LucidDevTeam]

How come he says invest in foreign stocks. Isn't the entire global economy collapsing

[@jamesers99]

That's been my question for years. We're going to have a worldwide economic meltdown. Revelation 18.

[@marquisway6022]

Because when the dollar goes down and it's no longer a safety net people will invest in emerging currencies and the US will not be one of them

[@ismardidic3505]

Thanks the best journalist and best economic whether prognosis man

[@musiclover.489]

I believe this is misleading since the Fed is catching up for the lack of issuance back during the spring due to the budget impasse in in Congress. Once the old backlog is caught up, Fed issuance will more closely match the actual deficit. Outside of the preceding, I largely agree with Peter.

[@rajarsi6438]

"the Fed is catching up ..." is just other apart of communistic madness, aka total utter artificiality.

[@polarisjustdothework2258]

Any advice for those of us who don't have money to in best?

[@oma3015]

He has been wrong all the times in the past 13 years! Where is 150-300 oil price Peter 😂😂

[@marquisway6022]

Don't worry when the dollar goes down you will see it buddy. The rising rates made the dollar competitive which keeps oil prices low because it's denominated in dollars

[@oma3015]

@@marquisway6022 oil is low since Biden lets Iran and Venezuela pump as much as they can and also Saudi regulate the market. Dollar has effect but not significant. Peter predicted two years ago oil should have been $200 above. 7 years ago home price and stock on the ground. Just buy gold! Losers. Just diversify! He is wrong 99% of times so be can sell the crap of his company

[@steve5289]

Peter you win !

[@Ricgibs]

I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year... Investment should always be on any creative man's heart for success in life.

[@Georgina705]

That's awesome!!! I know nothing about investment and I'm keen on getting started. What are some strategies to get started?

[@josehenry7205]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@tryleraaron9244]

I'm guided by fergus Waylen an experienced coach with extensive financial market knowledge. While you can consider other options, his strategy has yielded positive results for me. he offers valuable insights, including entry and exit points

[@charles2395]

Am astonished, think am the only one familiar with fergus Waylen, he handled my account too...

[@x0cat711]

All good investors are conversant with expert Fergus waylen, he's unique in the field just got to keep to his instructions and you'll Excel. /

[@robertmelendez3166]

Bro are you in San Diego County. I'm in Vista myself. Praise God. Also I've been to Dorado, Puerto Rico.

[@poksnee]

As always, Mr. Schiff is one of the few honest, knowledgeable people in finance.

[@dsscam]

Peter Schiff is the dumbest man to ever live. He is selfish and promotes only his garbage. He's been wrong for 15 straight years about EVERYTHING and he's caused more bankruptcies and suicides than Bernie Madoff and SBF combined.

[@osmbsmy.706]

They shouldn't just count the number of jobs. They should give the estimated annual tax revenue of those jobs...THEN subtract the estimated total income of the government jobs they also created since that's how those should be paid. If they tell me 100k jobs were made, but 30k of those are government created, we're obviously way in the hole unless those 70k private jobs somehow pay for those 30k gov't jobs in the taxes they generate...which they definitely don't.

[@mrmustangman]

good point.!!!!

[@brandyweems8326]

Lol,buy physical assets.....steel and lead.

[@DanXRP]

Mr.schiff the current administration can't stop spending.

[@squishyplums2415]

Last year Peter said $16k bitcoin is a dud. Now bitcoin is at $36k.

[@larsh2923]

And next year BTC is $100K or $36K or $6K or illegal. Nobody knows

[@zimmermanlandscape9287]

Bro, San Dingo is on a fault line. If you want an earthquake resistant house it isn’t going to be cheap.

[@wisemanm6390]

Can't afford to miss Peter Schiffs interviews.

[@carlswindelliv2701]

Peter just talks doesn't solve problems like Trump!!!!!!!!!!!

[@wisemanm6390]

You mean Trump is also part of the money printing problem??

[@carlswindelliv2701]

@@wisemanm6390 oh come on!!!!! We had record low food prices record low gas prices !!!!! We were energy independent we didn't have inflation under Trump!!!!!!!!!!!!! Like I said Peter just talks tough but lacks the courage to enter the arena like Trump did!!!!!!!!! By the way is Peter Schiff going to run for president in 2024??????

[@LuisReyes-zl3ls]

Good commentary, Petey!

[@UPdan]

Moodys downgrades US debt to negative but keeps aaa for now.

[@shammuk02]

I would love to see Peter debate these ppl on the topic of Bitcoin: Rauol Pal, Tim Draper, Michael Saylor

[@shammuk02]

haha i can ure sour cuz u missed out on all the gains bro@@handlehandleton

[@mikemike1071]

The Fed says inflation is almost gone! SMH.

[@duuhwinning6589]

One or two jobs ??? WTF!? Why are people working multiple jobs for no reason ?

[@m.s7541]

Bitcoin is the solution 👌

[@rd24life]

All aboard GFC 2.0!!

[@Vanessa56787]

I foresaw the housing crisis and sold my property. I then put it in the market, about $200,000 of it. That was late February. I've lost more than 40% of my portfolio's value. It makes me really sad. How can I turn this situation around?

[@Hudson367]

This is really sad. If you're not who understands strategies to invest in the market, why not seek a financial advisor to help you grow your portfolio?

[@Hazel5063]

I agree. Having an investment advisor is the best way to go about the stock market right now. I’ve been in touch with a coach for a while now mostly and I made over 95% profit within about seven months or so.

[@Scarlett34568]

That's impressive! I could really use the expertise of your advisor. Could you recommend who you work with, please?

[@Hazel5063]

I work with an FA named CATHERINE MORRISON EVANS. Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI. You should check her out.

[@Scarlett34568]

Thank you for this. I'm gonna check her out and try to reach her. I hope she gets back to me before my portfolio is completely gone.

[@normandolinic2044]

And end the federal Reserve system and get back to the total free market system.

[@michaelric3540]

Yes but then how will the leeches leech?

[@rtquest22]

Well then end Social Security, Medicare and Medicaid as well. Spade for spade.

[@keithbellair9508]

@@rtquest22dont forget feed stamps and section ape housing. Everyome blames the fed when it was the dumocraps and their leech voters who took all the money

[@elijahwrites]

​@@michaelric3540pluck them off again

[@normandolinic2044]

@@rtquest22 I’m all for that ,can we start a movement!!!!??

[@larrymorton5332]

plunge protection team driving the market up today on no news. getting ready to rugpull

[@roydesell223]

Who in th HELL in their right mind would stay in California ????

[@fkratz]

The amazing Trump regime was fantastical in not raising our national debt. How did that phenomenal human , Donald Trump, accomplish that? He's truly a savior to the world. Nearly like Jesus.

[@beauford731]

Neither party wants to be the bad guy and take the punch bowl away. Sucks but it needs to happen. Like 20 years ago

[@JohnDaniels]

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson

[@doubleuponbob3397]

3:22

[@kylehelbling2321]

I am glad to see you getting more exposure.

[@keithbellair9508]

Spam after spam in the comments

[@lard_lad_AU]

Rogan needs to book Schiff onto his show. The people need to hear this.

[@billybongthornton4285]

Who needs an expensive house when you can live in your car for free 😂

[@unknowndriver6652]

Or semi truck

[@Andrew-3445]

They have tents that sleep two on Amazon for $11.99.

[@rosenasser5943]

Are you thrice divorced and live in a Vannnnnnnnnnnnnnnnnnnnnn down by the river??!!

[@mrleafbeef634]

Interest rates of the bank

[@animalblack8482]

👍 thxu

[@keaka560]

Mr. Schiff still waiting for any crash

[@jkgkjgkijk]

Oan😅😅 they fooled me for a little bit.

[@elizabethv7411]

Don’t forget to like

[@AnthonyLoflin-o5r]

This is awful. When will the Fed Gov cut spending.

[@a.leehilliard4716]

When they stop sending money to support wars and letting illegal roaches across the border to destroy us with drugs all while being given preloaded cash cards mon thly. Are you daft!?

[@blackswanrising2024]

They can't

[@garymiller4141]

This is not up to J Powells position on the Federal reserves intrest rates.I we have a Democratic communist president, a Communist controlled Senate a dysfunctional Republican run House with plenty of RINOS and absolutely NO AUDITS OR OVERSIGHT AND SPENDING CONTROL YOU HAVE THE CORRUPT GOVERNMENT THAT WE HAVE TODAY.ESPECIALLY WITH THE SPEND AND TAX MENTALITY OF COMMUNIST PARTY DEMOCRATS. DEAR TAXPAYERS PLEASE WAKE UP TO THE DAMAGE YOU HAVE PLACED INTO OFFICE.EXAMPLE ,DEMOCRATES DO NOT WANT TO SOLVE PROBLEMS,THEY WANT TO FINNANCIALLY PROFIT FROM THEM AT THE TAXPAYERS EXPENSE. JUST LOOK AT THE MILLIONS OF ILLEGAL IMMIGRANTS INVADING OUR COUNTRY AND THE DEMORATS ALLOW IT SO THEY CAN COLLECT FROM THE FEDERAL GOVERNMENT TO PAY FOR THEM ,WHICH IS YOUR TAXPAYERS MONEY AND AT THE SAME TIME OUR VETERANS AND ELDERLY CITIZENS ARE BEING FORSED TO THE STREETS ,LIKE WHAT HAPPENED IN N.Y.C. AND MASSACHUSETTS. SO WHEN ITS TIME TO VOTE THINK FOR A CHANGE TO WHICH PARTY IS PUSHING YOU TO THE POOR HOUSE.

[@mrmustangman]

Never. They can't.

[@solweinberg4339]

For 20 years Ive been listening to Peter. I enjoy the lessons but,… when you fall into his messaging of the demise of the US and the dollar and the subsequent rise of gold know that you stand a good chance of watching the years go by with absolutely relative calm and prosperity for everyone around you but you

[@bdubb5390]

Black swan . Aka once in a lifetime event soon to come. Thell blame that. Watch.

[@carefulconsumer8682]

Peter is always spot on.

[@dorispowers9060]

Credit card debt is going up every 24 hrs $486,000,000 according to the national debt clock. Folks that can not go forever. There is a train wreck coming and sadly it's going to involve us all.😢

[@kingkenny2797]

That's nothing 😅

[@PrincessTS01]

If y'all wanna fix the debt: double the median wage and then tax the workers, and/or tax the corporations, and/or tax the wealth A**holes that are so greedy they refuse to pay decent wages...

[@chrisjoyce6321]

I like the idea but for one problem. The inflation that would cause would be so incredible as to render the US Argentina like and the people who got the wage increase only the more worse off. So, back to the drawing board.

[@thejfactor1]

That won’t even come close to solving the problem.

[@dominicdemicco]

All backwards solutions. An elimination of income taxes and a flat, national sales tax is a constitutional idea that makes sense. Combine that with heavy government SPENDING REDUCTIONS and a balanced budget may miraculously appear. Socialist solutions have failed this country already and the minimum wage is part of the problem.

[@hlf_coder6272]

Ok how exactly do you “double the median wage”? By government decree? Because that will just put millions of people out of work. Even today the vast majority of people are employed by small businesses. They don’t have the ability to double people’s salary. Not even close. Labor costs are already about 70% of a business’ expenses. Besides, if that’s what you’re saying then you’re calling for tyranny. Command and controlled, centrally managed economies don’t work. That’s literally what put us in this mess

[@NNYMU-ut4gd]

** HEY PETER ANSWER THIS ** how you feel when the right wing fools think you and them are in the same side ? 😂😂😁

[@afgibnasina]

Doom gloom by two parties!

[@warrenbuffet8630]

Who run the banks peter!?

[@KPCienega]

such a freaking mess. Really need Trump back to bring back the good days we had.

[@tishela1134]

Trump printed

[@zillaskih]

I am truly impressed by the video you shared and I want to express my gratitude for breaking it down into digestible pieces. Even though the current economic climate is facing a downturn, I am ecstatic to share that I have been experiencing significant financial gains. To be more specific, my initial investment of $9,000 has resulted in returns of $60,000 every 21 days. This news brings me immense joy and I am grateful for the opportunity to share it with you.😊

[@FerranJavi]

This must be an investment with *Ms* lauren

[@iglesias6823]

How to start? How much money needed?

[@zillaskih]

I use a trading platform with help from Mrs. Lauren, my long-time professional assistant, and have profited greatly from her trading strategies.

[@JoanFelix-fo7qf]

How did you make so much in the crypto market? I've heard about Mrs. Lauren's genius mind.

[@PoppaGreen-lw2mf]

Lauren is the best person to have by your side for cryptocurrency trading. Her expertise has been invaluable in navigating the market and boosting my investment portfolio on a daily basis. Anyone looking to start crypto trading should seek her guidance and knowledge.

[@sirenmuscle]

B A M .....B E E

[@mrmustangman]

B A M to the B E E

[@carlswindelliv2701]

I think Peter Schiff knows what hes talking about however unlike Trump Peter didnt try to solve the problems and run for president!!!!!!!!! Peter u can talk all u want but what problems did u solve!!!!!!!! None!!!!!!!!!!!

[@thejfactor1]

🤡🤡🤡

[@mrmustangman]

His

[@Bob-xt2kh]

Schiffy shave off the blond fuzz and trim the beard into a goatee. Look younger and tougher

[@86Disab]

But did he actually call you??

[@brutussmithers6341]

Excellent job, as usual, Peter. No BS.

[@gregabrams5792]

How many years have they been calling for a housing crash? More than 10 years.

[@povarful]

Peter the best

[@currentlyspeakingbmwmusic1793]

its so funny how you are the doomsday man for 1 year now but nothing has happened. its even the opposite, i made like 20% ytd alone in your so called "recession"

[@overlordisgoogle8431]

Buy that silver and gold soon.

[@michaelcalibri3620]

Peter is never wrong about crashes we've just become so perverse that we pretend extraordinary financial bailouts/bail-ins and government monetary intervention are normal and should keep getting larger.

[@MikesGarageRoute66]

Wait for hyperinflation. This won’t end well 😂

[@goldsilverandiamonds]

Why are gold and silver prices so low??? Peter you never get it right!!!

[@keithbellair9508]

Because Wallstreet is morons and crooks

[@drip369]

Don't forget these people are 31 trillion dollars in debt pointing the finger at you determining your credit score

[@luckypapadopulos2575]

34 Trillion and climbing

[@wwjd3d]

How about that Bitcoin Peter. Man I cant wait to hear what you say about it now. lol

[@rawjhaw]

only imbeciles buy bitcoin. enjoy the hard fall coming soon.

[@MAMP]

Comical how the host has to put his anti Biden spin everything instead of just hanging out with Peter and talking.

[@Jake-pf4kv]

I bet he doesnt tell you the fact that nearly all of the welfare states are red states🤣

[@LR-pw9dd]

Peter Schiff loves Trump and hates women

[@3dmadness984]

What is the difference between being too early and being wrong? No difference

[@mikeoz4803]

Peter Schiff.......DOOM & GLOOM for over 15 years!!

[@joshspiker]

Kind of like the $1.6 Billion short position Michael Burry opened early this Summer that is/was comprised of stock index put options, which are probably worthless or expired by now. We all know that a crash is coming, but if you don't time it right, poof! Your money just disappears! 😂

[@Snookynibbles]

Big difference…. Being early is being perceived to be wrong until you’re right which you know you would be, vs. being wrong is when you’re wrong now & forever. It takes some discernment & wisdom to sort that out.

[@peterschiff]

It depends on how you structure your trade. You can make a lot of money being early, as long as you do it correctly.

[@BullsEye3333]

@@peterschiff HAHAHAHA!!! Great excuse Peter. You've been wrong for so long that your clients are dying of old age. And you've literally never been bullish in your life. So even when the inevitable happens you don't deserve any credit.

[@mikeoz4803]

Peter Schiff.......DOOM & GLOOM for over 15 years!!

[@tomr6955]

Annually longer. He ended up being right in 2008 but that's the only time

[@BullsEye3333]

Peter's been saying we're in another housing bubble since at least May 2014. The video is called: "We are in a Wall Street housing bubble"

[@keithbellair9508]

Well its true.. problem is now biden is flooding usa with third worlders and giving them free houses

[@JohnJohnCrusher]

It's true

[@BullsEye3333]

@@JohnJohnCrusher I completely disagree. If you listen to perma bear clowns like Peter and wait for a crash, then you'll be stuck renting for the rest of your life. These high house prices are the new normal. Instead of regular people owning homes like in 2008, it's now rich companies and real estate investors who just rent them out. People calling for a housing crash don't understand how the financial system works. The companies and the investors get good deals on low interest loans. They show that they can make the payment by renting out the house and they get the loan. Then the bank clicks a mouse and the money is created out of thin air. Plus, you don't have to make a payment for 10 months because the foreclosure process is so slow. Plus, there are companies now that will buy a portion of a home with a home equity agreement. An investor can get tens of thousands of dollars and they don't even have to make any payments on the money they get. Plus, the Fed can just lower rates to prop house prices back up if they start to drop.

[@isalugo9409]

Pending houses crashing???

[@kludgedude]

Oh man this is bad for gold

[@cdawg9149]

But the dollar gets stronger and the "Hedge against inflation" Gold / Silver arent Hedging.

[@austinbates7374]

Dxy isn't the dollar. The dollar is getting weaker against about everything you want to purchase

[@cdawg9149]

@@austinbates7374 You are describing inflation from trillions upon trillions of " Dollars" being spent / borrowed by Govt. that is manifesting itself into the rising costs of consumer goods , fake equity in homes along with anything that can generate equity { Fake money / printed money } . One look at the feds balance sheet {8 - 9 trillion } will tell why our " Dollars " are turning into paper trash. While at the same time interest rates controlled thru the bond mkt are inching their way to a 20 year high. That in turn creates a synthetic strong dollar , which BTW is as strong as it was in mid 2002 . If you think cost of goods are high now, just wait until the bond yields fall back to their 2020 lows and the " DXY" falls back to its 2008 low. I would hope that gold and silver will be doing what they are supposed to do and hedge big time when that happens.

[@luckypapadopulos2575]

Peter !!!! Cash is GOOD !!!! Purchase property from people who borrowed so much to keep up with the ( Jones’s ) at a huge discount

[@rosenasser5943]

Buy BTI.

[@Hawka-Loogy]

When treasuries climb, gold will tank. Always! Real estate is still better than gold.

[@ND25CHAMPS]

Buy Bitcoin

[@rawjhaw]

no thanks. too much counter party risk

[@sesquivel729]

Dont buy gold, it's a turd. Wish I'd bought bitcoin instead.

[@darrellklassen2559]

I wish you had bought bitcoin when it was at 64 thousand and on it's way to the moon. You would only have lost 30 thousand dollars at this point.

[@rawjhaw]

hey look, an establishment shill. hello!

[@darrellklassen2559]

@@rawjhaw hello ponzi scheme conman.

[@ergonaut940]

@@darrellklassen2559 retard :D if you dca'd you would be up by now. but no, keep ignoring the best asset out there and buy you ponzi stocks. (s&p/M2 has not gone up in 20 years)

[@davidscialabba6884]

Yeah buy something on a computer screen....lol...good luck!

[@julianitaliano12]

☝👍