Peter Schiff: "Price CONTROLS Are Coming" - TWIM Ep 20

[@austinbar]

The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals??

[@joshbarney114]

Gold is often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.

[@rogerwheelers4322]

Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.

[@FabioOdelega876]

Can you provide instructions on how to contact your advisor? I'm experiencing erosion of my funds due to inflation and looking for a more profitable investment strategy to make better use of them.

[@rogerwheelers4322]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@FabioOdelega876]

Thank you for this tip , I must say Marisa, appears to be quite knowledgeable. After coming across her webpage, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.

[@ccliaKUN]

Well explain thank you for bringing up this video Financial education is indeed required for more than 80% of the society in the country as very few are literate on the subject. The value of the US dollar is declining due to inflation, but it is increasing in comparison to other currencies and commodities such as gold and real estate. I'm worried that rising inflation will cause my 550k in my retirement funds to lose value, But with the help of Sandy Barclays I hit 220k this week from my investment of 45k, I am truly grateful for all the knowledge and nuggets you have given me over the past few months.

[@ccliaKUN]

Sandy Barclays program is widely available online..

[@jchall12]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.

[@sophiepascoe]

If the market has taught me anything, it's that it always recovers, but I can't seem to focus on the long run, when major factors like my retirement and my reserve are wreaking havoc on inflation. I require a solid data trajectory and solution as soon as possible.

[@nylienre25]

Building a good investment portfolio is more complex so I would recommend you seek Sandy’s support.

[@MozzNik]

Sandy goes deeper than just looking at surface-level trends. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..

[@superstar5123]

excited to listen to this discussion, thank you for providing this

[@briangranger1741]

Money supply has x20 since 2000. Gold has x10 since 2000 ($260 - $2600). Gold is on it's way to match the money supply so another $2,600 still left. Central banks know this...

[@bpb5541]

Gold is pegged the dollar and that is all we need to know to not want any of it.

[@briangranger1741]

@@bpb5541 that makes zero sense.

[@briangranger1741]

@@bpb5541 that makes zero sense.

[@briangranger1741]

@@bpb5541 that makes ZERO sense.

[@briangranger1741]

bpb5541 is a bot 🤣

[@INTERNETVID]

Excellent guest please have him back on.

[@jon66065]

Follow his free podcast, he's the best economist alive

[@ownsilver]

I lived through the oil embargo it really sucked right after you got off work you find a gas station that had the shortest line, cars would run out of gas while waiting and we would push them forward many cars overheated while sitting there batteries would go dead restarting the engine to many time trying to conserve fuel

[@vricconference]

Wild

[@notgunnadoit7461]

"THIS TIME OTS DIFFERENT!" and not in the way the liars are stating. This time gold and silver are going to become money again...

[@SirAlford]

Price Controls on the fiscal budget FIRST! Price controls on physical silver has been going on for decades through paper manipulating controls.

[@Diverse_Interests]

Food prices are a major concern to the majority of people and if they cannot feed themselves social unrest and riots will happen like Arab Spring. If people cannot house themselves and meet basic living needs, it’s open civil war no matter who gets blamed for pricing necessities out of reach of most of the population.

[@CharlieJacob-u9x]

SORRY Peter!!! In Ohio the lines were the result of controlled supply. People could buy gasoline based on Even/Odd license tags. People were afraid of running out of gasoline. People saw lines at gas stations. They were afraid they wouldn't be able to buy gasoline. People were driving around with full tanks. People were filling many 5 gallon gas cans. The gas controls resulted in much higher demand. People wasted gasoline sitting in long lines.

[@cdpcullman]

As long as we can print money everything will be fine.

[@Juan0481]

Umm, no. One day, the laws of politics and the laws of economics will meet, and the laws of economics will win.

[@Diverse_Interests]

The public does not have the knowledge on how to convert gold into the exchangeable goods they need. To have people invest, they need information on where and how to make exchanges and the taxes and they need to understand dollar devaluation and inflation. There is no marketing out there making the info hard to miss.

[@CharlieJacob-u9x]

In Ohio, people were afraid they wouldn't be able to keep gasoline in their cars. Limiting purchases to Even/Odd licenses scared people. I REMEMBER the Toilet Paper Shortage. Johhny Carson made a joke. People ran out and bought every roll they could find. When the supply seems in jeopardy, people buy... buy... buy.

[@CherylPowell-y5x]

It doesn’t matter if you tax the rich or impose tariffs the inflation is going to be paid by the consumer.

[@briangranger1741]

market > government competence

[@Andy-d6q2g]

Long lines at the gas station in the 70's was because of the Saudi oil embargo not price controls.

[@ALANGREENSPAN420]

🥇GATHER GOLD🥇🥈STACK SILVER🥈🥇BYOB🥈BE YOUR OWN BANK🥇

[@shammuk02]

Ppl r buying Bitcoin instead of Gold

[@Diverse_Interests]

Food costs and medical costs can be dropped dramatically and have better health outcomes for patients. Shifting industry is required fast and that can stop civil unrest, food insecurity and increase public savings. That approach is better than any proposed and buys time for addressing the other system failures, it also knocks off the problem of environmental damage , and lowers greenhouse gas production. It’s completely doable but major leaders of industry would no longer have products that are necessities for human consumption and would need to adapt.

[@jorgecosme2650]

Congress sets the spending. At sometime someone will have to make the hard choices. We have to realize it’s Trump against the uniparty and the deep state. If Trump doesn’t make the hard choices next time eventually the hard choices will be made for our country by economics.

[@tatianastarcic]

Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

[@SusanAlice-o6k]

People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

[@richardhudson1243]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

[@RyanOliver-j6d]

I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!

[@richardhudson1243]

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.

[@LiamSmith-x8g]

Just ran an online search on her name and came across her website; pretty well educated. thank you for sharing.

[@eplugplay8409]

Mining stocks move with the stock market so I wont be buying. It could cut by 50% just as easily.

[@objvst]

Just like someone should not determine the price of a loaf of bread or wages no one should determine the price of interest rates because there are many many input factors that cause the price variance.

[@zorro-b3l]

Jay this Doesn't just affect entrepreneur's this Concept affects Everyone !!!! Once the Dollar devalues their Will be NO STOCK Market - duh !!!!!

[@Precious_macro_Insights]

Everyone should listen to Peters insights

[@a.r.gentum6517]

Looks like Peter's wearing a tablecloth.

[@yvetteepstein1002]

look what happened to Argentina when price controls went in for oil....

[@rickrose3476]

I'm down big money on Schiffs advice.

[@Bhgjjj]

I’m up over 32.66% as of right now. He was the guy who got me into stacking in 2019 and glad I listened.

[@rickrose3476]

@@Bhgjjj I'm down a third on his gold fund.

[@geraldhowse8597]

It's all about timing. I guess you're timing sucks.

[@Bhgjjj]

@@rickrose3476 sorry to hear that

[@StefanOsfit]

Just don’t sell and realise the losses Also he is very early that’s he problem too early

[@Diverse_Interests]

The plan should be looking seriously at the decades of altered and ignored science that still stands and biting the bullet and taking a stand on the actual nutritional needs of humans.

[@CherylPowell-y5x]

Like Reagan said government isn’t the solution to our problems government is the problem.😮

[@angelabarnes1547]

Interesting note a about housing price and if gov't controls it. No more 'fair market value'.

[@eoin7704]

Love ya Pete!!!! Da Man!!!

[@gregabrams5792]

I keep telling my friends and family it's not going to matter who gets elected. Trump was the biggest spender ever! That's why I am all in on gold!

[@Diverse_Interests]

The market place isn’t about being fair to business ideas either. Entire sectors of industry can be made obsolete quickly. The idea is to adapt and go where the future is moving towards. It’s not just down turn of the economy it’s also fundamental changes to what people value and what they need. You are going to see businesses collapse because they didn’t adapt to the changes and it’s right in the mix now on a grand scale . That’s not government policy related , it’s separate.

[@chialiu2067]

Just let employees and employers agrees on pay would be more efficient. Government needs to stay out business, they can even balance their own finances.

[@angelabarnes1547]

My guess regarding the selling of the ETF is people wa t physics gold not paper.

[@dynamicchecklists127]

It will be interesting to see if Steve Hanke is correct (as he has been) over Peter Schiff. Hanke says inflation will continue going down, but we'll enter a recession either later this year or early next year because of the contraction of 2022. Schiff thinks inflation is going back up. We'll see...

[@Micfri300]

Inflation won't go up however a war would.

[@TruthAboveEmotion]

Jay Invest a few minutes to learn who the Cheneys are and you’ll not be surprised any longer.

[@clffeingold]

It time you guys stop talking about Democrats and Republicans as if they were different parties. Come on man.

[@ronniepratt8710]

Thank you, same ol garbage when they both are the same.

[@James-xu3vc]

BACK WITH A VENGEANCE 😂❤❤

[@Robert-qh3ok]

Please explain more fully how Trump succeeded in business? The majority of his businesses went belly up. He was successful cashing his daddy's checks...

[@rodgangloff8540]

Yes again GW Bush got us in a 20 year $10 Trillion war. And Iraq and we are still there. So how are you two going to start a new products company? Talk is for women, men invest in strong growth companies. Show some balls invest in my company Pyramid Royale.

[@dennistupper8262]

I said this YEARS AGO... Todays Job as a President is to only Add more Debt then the one before them... Started from Regan on... Tell me if Im lying ?

[@paulplesko1512]

It did fed raised rates to 20% to kill inflation. Alot of people made Alot of money at that time in US treasuries.

[@NarrelleChain]

Its good for we gold bugs that the masses are clueless 🙈, just conspiracy theorist! Why get angry i say to myself, you are the 🏆 winner, let the sheeple have their opinions, they are entitled to this, i am practicing not being reactive, its silly! Meanwhile i get rich!😂❤❤

[@Insideoutcest]

goldbug schiff getting stiff

[@girlafraid4045]

why does no one ever ask peter about the opportunity cost of being "early"? he clearly has still done very well personally, while his strategy has been crushed for the better part of decade by comparison. i get he has profitable business's, but would like to hear his answer.