🔴 Silver & gold market manipulation explained

[@JennWest-Liberty]

Keeping the price of gold down allows the rich to get richer.

[@toomuchdebt5669]

Define rich. It allows central banking vampires to steal wealth from everyone via interest and money printing inflation.

[@rainbow-hospitality]

yes, You're right

[@toomuchdebt5669]

@Poppe Monk There are two kinds of rich . The Parasitic rich and the productive rich. That's why I asked her define what she meant by the rich.

[@toomuchdebt5669]

@Poppe Monk only The parasitic rich get richer from the current monetary regime. AKA wallstreet monopoly and central banking vampires, big coorp, IMC, government and common criminals.

[@mikepauza1744]

and the stupid to stay poor. ;)

[@SimpMcSimpy]

The title of this video should be "Silver & gold market manipulation denied"

[@jackasable12]

Correct. plus. Im Peter Schiff . Im even more retarded than I look like.

[@theroboticscodedepot7736]

Peter is wrong again! The manipulation in the PM markets is off the charts. They not only spoof the markets but they drown the markets in paper contracts with gold and silver that does not exist. To the market it looks like real physical metal but in reality the leverage has been as high as 500:1, that's one real ounce of gold to 500 ounces of nonexistent paper gold.

[@Earthandweather]

You’re a genius. Thanks for your thoughtful insights 🙃 I hope that you will soon be able to step back from your tree and see Peter’s forest. Until then I guess we’ll all do our best to enjoy your conspiratorial assertions.

[@pablopina8924]

True you do make a point.

[@erniejazz4526]

You are so right! Spoofing is a known tactic and all traders are aware. It is the paper trading and shorting. Traders in crypto do not even pay attention to buy and sell walls (spoofing)

[@theroboticscodedepot7736]

Glad to see there are others who have taken the red pill!

[@dr.honeypot6268]

I was explaining that to my co-worker the other day. I used Cookies as an example. 1 real cookie for every 100 paper cookies. Which would you rather have lol.

[@ConsciousOne369]

Peter you are really downplaying the fact that physical gold and silver derive their value from their derivatives.... the physical metals are deriving value from their derivatives... if that’s not manipulation then idk what is... I disagree with you rarely but this is one of those times Peter. :(

[@OnlyMyPOV]

Богатырь Сашко He’s completely ignoring the fact that if they have to spoof then there is no market. silkthreads.press/2019/01/02/the-dangers-of-permanent-gold-backwardation-professor-antal-e-fekete/

[@dawidw.6016]

At some point the demand will not care. And the supply will not be able to deliver

[@chrismares1851]

Good for us! we get to buy more cheaper then

[@erniejazz4526]

He gets paid from the naive so needs to use the "kiss" method when sending out his message. He knows what suppresses price but explain a derivative to someone. Deer in headlight

[@ConsciousOne369]

OnlyMyPOV I completely agree and love how you brought up an article by Professor Antal Fekete! Professor Antal Fekete is one of the few man that I would say is more intelligent in their logic than even Peter Schiff. professorfekete.com/articles.asp

[@dovik1969]

He wants to remain kind of mainstream not to scare off his customers, I think.

[@TheMotorGuyDirect]

dovik1969 he also doesn’t want to end up like his dad.

[@nirtlocj]

Peter Schiff is anything but mainstream.

[@AndrewSmith-vb8jx]

Yes, I agree. I have been watching him for 13 years. I have always wondered why he was silent on the gold manipulation. I have lost a lot of respect for him.

[@dovik1969]

@@AndrewSmith-vb8jx He's got a good business going. You can't fault him for not wanting to destroy it .... nobody would. It's a lot easier for other youtubers who have nothing to lose.

[@phildurre9492]

confiscate all the JPM silver, because they got it in the criminal way! and put them into jail!

[@fyoo1484]

Mr. Schiff. Been a listener and follower for many years, and this is one time, where you seem nervous about offering your opinion during the interview. Hope your beliefs are not compromised.

[@toomuchdebt5669]

I think they threaten to suicide him in prison.

[@Maxpayne07.]

@@toomuchdebt5669 i also Think so, look what they wanna do with hes bank now..

[@willia3r]

@@toomuchdebt5669 oh yeah, dont want to get _"Epstein'd."_

[@jtag5432]

Banks have an interest in keeping the price of tangible metals suppressed, just as mentioned, so that the fiat currencies can trade and support the vastly overvalued and overstimulated economy in which we live. The only solution then becomes to control the alternatives to that currency - i.e. Crypto and Metals - finite resources.

[@patricklee780]

When the price goes up, the manipulators sell their paper contracts. Eventually that won't work.

[@reptiliandomination1]

This is one of the very few things I have to disagree with Peter on. Personally I think he just doesn't want to be labeled as a conspiracy theorist because it may hurt his reputation which would be bad for his business. I think he knows what's really going on behind the scenes off public record. This is just my perception/ opinion.

[@ducksoup3131]

hope you right

[@gu3sswh075]

reptiliandomination1 well if that is the case, that he knows what's going on, then his opinions would the exact opposite. Go listen to what the banks are saying. They don't see any problems ahead until another 2 years. Why do they keep saying this? So there's more time for them to make money off of you. Obviously there's there's a much higher chance it happens before then. I think Peter's right. UNLESS he has some sort of connection to gold or something, in which case he's obviously biased to answer that way. I don't see how his opinion's biased. Just my opinion..

[@reptiliandomination1]

@@gu3sswh075 Well he actually is correct about how the general public doesn't really understand the fed has no way out. But the major reason why pm's arn't multiples higher is because of the fraudulent paper derivitive market where they can can throw 100's of paper contracts to every physical ounce.

[@RomilCPatel]

ducksoup He wants to be less like his father and not go to jail and be labeled a criminal.

[@tmo4330]

@@gu3sswh075 Here it is a couple of years later. What do you think?

[@maxbootstrap7397]

It is strange that Peter is (and has been) so blind to precious metal manipulation.

[@jungshin87]

thats why he's so pathetic and still is. he talks like we live in a proper fair market, protip WE DONT. especially not for gold and silver which was taken over a loong time ago

[@Alex1611-I7x]

I that he's purposefully acting ignorant because he's a jew. Or maybe because of another reason but it's a fact that the Jewish Rothschild family setting the price of Gold. It's not a conspiracy theory. There's in fact a whole Wikipedia page about "Gold fixing" and I quote "The price of gold was fixed for years, twice daily at 10:30 am and 3:00 pm, in a small room at Rothschild's New Court headquarters on St Swithin's Lane." And I quote again "The London Gold Fixing (or Gold Fix) is the setting of the price of gold that takes place via a dedicated conference line. It was formerly held on the London premises of Nathan Mayer Rothschild & Sons by the members of The London Gold Market Fixing Ltd."

[@wondon2992]

@@jungshin87 would you say it has been taken over in a similar way to when the fed took over our countries monetary system and unbacked our dollar of gold and silver and replaced it with ! They just print out money and tell us we have interest in every single dollar given lol! Please explain I’m actually interested and would like to know?

[@jungshin87]

@@wondon2992 i believe what im saying and what you are saying is part of the same story. dollar no longer being backed by gold and gold market being completely manipulated (suppressed)

[@ishot2pac69]

Schiff knows what the BIS is, he knows what swap dealers are, his heritage is showing here.

[@SimpMcSimpy]

What guys, you though Peter will acknowledge gold/silver price manipulation ? He is a banker for God sake.

[@znome8500]

en.m.wikipedia.org/wiki/Gold_fixing It’s all rigged bruh 😂😂😂😂 I love it.

[@Romulan112]

Schiff is way wrong here. I think he knows but for some reason never reports the real truth. He never did. Reminds me of all those Kitco interviews that dance around the facts. I remember the frequent gold/silver take downs. The repeated rising of margin requirements back in 2011, the ignoring of Andrew Maguire's stark proven warnings. The list goes on and on. I just wonder, when the shit hits the fan, with JPMC surpressing the price of siler and at same time buying it low, giving them a big stack. Will they have to return it being that most of it was bought under scrupoulus dealings? Will someone ever go to jail?

[@paulantoinep]

How market work : They push USD up. Gold down. Oil down. Indice up. Going agaisnt those and you fight the system

[@lewissteely927]

Sooo you're saying bitcoin could be worth more than it is

[@cryptofunded]

You can see that the price is manipulated just like Peter Schiff is right now, by a Teleprompter, no one knows what it is, but it's there to make you "trust" what reporters say all the time while they keep eye contact at you

[@vebjorngrytten7629]

Even the silver and gold manipulating and the global industry slowdown and we still have a silverprice that hold up pretty good. These are robust signs for silver.

[@bobwolf6619]

Ceo of overstock publicly announced he cashed out a chunk and dropped it into precious metals. It really wouldn't take many big wigs to cash out and buy precious metals to make the value of precious metals sky rocket past what the common many can purchase it for.

[@EricSmyth2Christ]

People who lose in sports betting say it's rigged. People who lose in investing also say it's rigged.

[@thelasthourgetready]

Just take advantage of the dirt cheap prices. The only guys that should be complaining are Sprott, David Morgan and the guys who hold huge positions. For the rest of us it buys us more time to stack cheaply. You hold a few kilos and 200 ounces and you are complaining about JP Morgan lol laugh at them you win. I've been picking up ridiculous bargains and on top of that not even my brokers know what they are doing in this distorted market 😊🤣🤣👌👌👌🙏👏👏

[@astralpx]

I cant buy enough

[@thelasthourgetready]

@@astralpx haha me too. Spoilt for choice. Insane prices. I wish I had more cash. Once in a lifetime opportunity we never see this again.

[@kn9ioutom]

GOLD AND SILVER MANIPULATION ? SHOCKING !!!

[@gold_real_money]

As a derivatives commodity trader, I approve Peter's message

[@steveblurton5185]

No market rigging lol

[@profiler4772]

Hey private silver and gold owners why don't you start a civil case against JP Morgan. Hey lawyers why don't you take this case for 1 oz silver per person to make this bank liable.

[@NaNa-wj8tw]

Profiler It will no doubt come IF they are found guilty. I will be one of them:) A pretty big verified holding as I presume will a lot of others. These JPM scumbags need taking out for good.

[@AndreInThe416]

JPM has biggest exposure to gold derivatives, they clearly have a bias towards manipulation of its price. Perhaps this indictment only involves other aspects. You can suppress any price if you have unlimited supply which is what they have been doing.

[@shmayy]

Is it a detriment to one’s privacy to purchase pm’s online from a reputable source?

[@emsik185]

gold in 20 years will be worth more or less than today?

[@robbycast]

Peter doesn’t want to get locked up like his dad did. He’s very careful what he says. I think he plays both sides to survive and keep making money selling gold.

[@dlemieux9405]

All the "goldmoney.com" people..... Another scam that I don't need to hold physical gold to own it. News alert, if you don't hold physical gold. You don't own it.

[@EricSmyth2Christ]

Which is why goldmoney tells you to take delivery on your gold... Lol

[@islandbee]

@@EricSmyth2Christ - They don't openly say that! They would rather have you use their service.

[@EricSmyth2Christ]

@@islandbee They do, and they do.

[@islandbee]

@@EricSmyth2Christ - Sounds like fiction to me. They do offer the service of selling physical delivery. But, I've never ever heard them encourage that over using their storage services.

[@EricSmyth2Christ]

Peter holds physical and encourages people to take delivery and even sometimes calls you stupid not to

[@singaporeghostclub]

He is being dishonest about Gold and Silver. I sense something is amiss.

[@toomuchdebt5669]

No they threatened him with suicide .

[@ralfpijnaker151]

You tell em Peter

[@bobsilver3983]

I think Peter went the way of Joe Rogan...don't buck the system

[@cellardoor9882]

"the way of joe rogan" Lol jesus people grow the fuck up and stop feeding your bias

[@stepheneklein]

#Silver suppression won’t last long when the market riggers realize China is stashing silver because the world doesn’t yet know they are using it to build their intercontinental #hypersonicweapons. Hello?! ‘Special properties’ allow for ‘extraordinary capabilities’ …IMO. Silver is highly reflective, Silver is a good conductor of both heat and electricity. Silver is sound deadening. Silver can make it rain. Silver has the highest thermal conductivity of any element. Silver has a high melting point. Silver in every aspect is for ‘defense’.

[@singaporeghostclub]

Chris Powell of GATA has been pursuing this issue for years. Question is: what can we all do about it?

[@thedadyouneverhadchannel3544]

Well after 10+ years of being a sub ya just lost me Peter when did they get to you?

[@FreedomFinance88]

It's ok to not agree with someone 100%. If you do, you might be in a cult.

[@mooredann69]

You disagree once and leave? I bet you are single.

[@Bcutter]

He’s a sane, intelligent guy. He’s not a nut job Alex Jones type. Anyone who believes all these conspiracy theories are waaaay overrating people’s ability to keep a secret. Such an enormous conspiracy it would have to be to suppress the PM markets that much can simply not be orchestrated by the people you think are doing it, because they’re idiots. Such a scheme would leak and fail immediately.

[@erniejazz4526]

@@Bcutter Umm russiagate ring a bell? Epstein island ring a bell? Not secrets or scores of people working together and keeping that secret? Wake up there are cruel people out there and they ban together.

[@Bcutter]

@@erniejazz4526 Um, you now about those two. They were revealed. That's what I'm saying. Besides, those are not even comparable to an artificial supression of the PM markets by the government(s) to support the fiat currency system...

[@23wisegal]

Related to adam?

[@adelarigue1910]

Peter Schiff is becoming main stream corporate. Like no one from JPM was sentenced lately??? Like naked short do not exist? He needs to load so many customers that he is painting a more beautiful picture than it is...

[@toomuchdebt5669]

Like 5 trillion dollars worth of paper trades dont determine the price of a 17 billion dollar a year physical silver supply.

[@johnh4719]

There's a gold usd "constant in play here. When the usd is low gold always surges with the currency deflation. The spot price is being "heavily" manipulated by speculators and stratagist for legacy firms banks and ruling elite.

[@zedbongo2033]

Rush to buy ________ BTC

[@gordonhamilton9028]

Bought his book the Real Crash....been following his pod casts and interviews for 12 years or more. What he says here confirms what I've thought for some time......he's talking out his a**e. Silver will never go up to a new high.....unless JP Morgan let's it

[@patrickt873]

He has been saying silver will out perform gold in the run up. I agree, spoofing is not suppressing the market aka GATA style conspiracy. It's just a crime. These mofos were spoofing gold up or down and sideways. They are making money in either direction Sometimes the answer you hear may not match yours but it does not make it wrong.

[@gordonhamilton9028]

@@patrickt873 Type in Silver Manipulation....then click on Ed Steer, JP Morgan & Silver price management.....watch the clip and then tell me Schiff is being honest with people.

[@greeneyes7392]

In my mind , Peter Schiff is one of the best economics out there, however, there is documentation out there regarding the formation of the COMEX - for which the intent was to increase the price action of gold (and silver) to such a high degree - it would discourage individuals from owning and investing in gold (and silver). When we look up and out in the world, we don't see widespread ownership of gold and silver among Joe Sixpack nor Jane Snowflake. Further , we don't see 'money' in the mainstream education curriculum either. Peter Schiff is too smart and wise to not know this, he probably feels it better for him to not say anything. Even still, I'm better off knowing him and listening to him , I just use filters and find other wise counsel to fill in the holes in Peter Schiff"s presentation.

[@patrickt873]

Peter has always advocated owning physical gold. What has what you all said which is true relate to a few greedy traders getting caught?.

[@greeneyes7392]

Patrick T - yes - agreed Peter Schiff promotes physical gold & silver ownership Peter’s attention on ‘a few greedy traders’ is the same as putting attention on Martha Stewart for insider trading (the problem is much bigger than a few greedy traders) Peter is marginalizing precious metal price manipulation - why? It may be as simple as ‘hey, the water isn’t as cold as you think , the sharks won’t bite you - come in for a swim’ These ‘greedy traders’ may be the ‘Lee Harvey Oswald’ tte industry has to do something to improve its image because what is happening is so bloody obvious Make sense to you Patrick T ?

[@strikeryachts]

The paper market is a problem.

[@adamjohns78]

Fun to review these 1 year later...

[@AlexeyVedernikov]

Sanders &Co want to limit rent increase to 3% per year. Is it legal to set lease terms in Gold???

[@marknordgard1916]

Gold and silver manipulasjon will never stopp

[@mandu9520]

Always heard this but wondered how exactly someone might do it. Not surprised that the first video result is Peter Schiff.

[@joesmith4237]

Taken from Zerohedge: "We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it. It was very difficult to get the gold price under control but we have now succeeded. The US Fed was very active in getting the gold price down. So was the U.K. - Eddie George, then Governor of the Bank of England, 1999". The governor admitted this disgusting behaviour back in 1999, I would be highly surprised if nothing similar has happened since then.

[@Alfie-ni7lx]

They haven't done very well in 10 years it hit 10x that price. People can talk manipulation and they are right, but once the market has an actual demand for phyiscal gold and silver not just paper then they couldn't possibly control it. What would happen if people have to start paying deliveries on futures contracts? Comex's physical bullion reserves are declining because the demand for the commodities are going up and next recession when people start buying gold and silver up like the last one it will explode because of all the paper gold and silver people don't want anymore. You can manipulate you can't dictate the real market price of gold and silver.

[@lashumbah]

That awkward moment when you deflect the question to trash talk cryptocurrency...... I love you Peter, but tho doth protest too much, methinks

[@SimpMcSimpy]

Yeah, that was really sad attempt to avoid acknowledging gold/silver price manipulation.

[@danielkhan4722]

I was waiting for this.. 🤔😏😅 Keep it coming Mr Schiff. It seems you and Tom Woods get it more than most.

[@benderrodriquez]

If I was selling Gold for a living, I'd also be afraid that my customers might get to believe that the price is being manipulated. How are you ever going to realise any gains in fiat terms if they simply suppress the price. That's the problem with Gold's limited economic use value. It's much harder to suppress the price of a commodity with more varied utility.

[@paulantoinep]

They are doing a really good job with oil ! War on commodity everday at the FED

[@AYTM1200]

What metal is less manipulatable.

[@robertwilson214]

How long can these crooks hold gold down. I'm growing old waiting

[@1wokeworld414]

Peter Schiff is always spot on. Excellent interview and questions!!

[@kallegran7225]

"They are not trying to stop the price from going up", yeah right what would happend if silver went up to much? It would destroy the shortening positions and creating a crisis. So this nonsense its oly making money and not stopping price is a silly statement.

[@PaulbylPaulbyl]

I think Petey is wrong on the manipulation of silver. There were KZbin videos during 2010-11 where the price of silver was being predicted to go up pretty much day by day by 3-10%. The videos were electronica voice so you could not detect who the person that was making the prediction. I was watching these videos and just was stunned at seeing how accurate they forecast the silver price. I finally jumped in on the bandwagon I believe it was in May or so. Then the videos slow down and finally started announcing that the silver price will go down. I did not listen and boy did I get burned in the ensuing 2 to 3 weeks. Anyway, whoever was making those videos was probably on the inside of the entity that was manipulating the silver price. Was that JP Morgan I don't know. But I remember this like it was yesterday. And for this reason I routinely tell my friends be careful with silver. Another thing, the silver price is determined by COMEX, which is out of Chicago the most corrupt city in the world. I think it is naïve to think that the price of silver is not manipulated.

[@zyubat]

I'm sick of JPMorgan

[@Dave.S.TT600]

Peter comes across really well in these interviews. Awesome suit too!

[@dancardella3081]

Mr. Schiff...is for the most part fairly accurate on his assessment of the overall economy and that's not easy. But on this he's dead wrong

[@Alorand]

Peter Schiff is skillfully distancing himself from the biggest counterargument that his critics might use against him, and I don't begrudge him one bit.

[@johnboyle1146]

Spoken like a true precious metal salesman!

[@adamjohns78]

Exactly!

[@bokkenrijder172]

Good points Peter, and probably NOT what diehard goldbugs wanted to hear. p.s. your voice will probably sound much better if you hang up some light coloured (in order to not mess up the lighting) curtains on the walls outside of the camera view. Lot's of echo. 💡

[@williammartin7277]

JP Morgan actually admits now that they have been spoofing

[@patrickt873]

LOL I don't think she wanted to hear your answers. She should have invited Bill from GATA

[@surrendertowin1937]

What about dumping 2 billion worth of contracts into the thinnest bids of the day? Happened many times, and there is no other reason one would do that other than suppression. Whether you are shorting or exiting a long position you want the highest price possible, you dont dump volume when the market is asleep and crash the price $20 without an agenda

[@ZelenoJabko]

Schiff, if any of this were actually true, guys at JP Morgan would not let you talk about it. I do not think you realize how powerful and what influential people they have under. I do not believe your stories. You are a special cookie.

[@shubbz87]

4 yrs ago, nothing new apart fom a 33percent increase in the price of silver then it pull back to an average of half as and average spot 🤷 i did get some 5yrs ago and it is doubled. Demand isnt going away

[@shubbz87]

😂who wants a copper filling or tooth?

[@nealamesbury1480]

Really it’s stealing,and we should make that illegal.

[@dr.honeypot6268]

I gotta say Miss Greenstien is probably one of the most appropriately dressed female news reporters I have ever seen.

[@eisenjeisen6262]

Many others say the gold and silver markets are Manipulating

[@N0HANDLE101]

Was this is like a flashback? I didn't even realize RT was a thing anymore

[@Schoolship.]

actually it's cnn nbc cnbc msnbc fox and all newspapers, that isn't a thing anymore.

[@davidepstein06]

Just buy Bitcoin.

[@TraderTech68]

Nice suit Peter!

[@OwenPrescott]

Bitcoin living in Schiffs head rent free

[@rpbajb]

Emphatically disagree with you on this one, Peter. Price control of PMs is an old story.

[@andreasosowski7302]

is it manipulation that people do not want to buy gold/silver despite it's so "cheap"???

[@truthmonster3290]

Andy MaZcoy idiot

[@zyubat]

Beautiful journalist

[@tonyh1345]

Anyone shorting $UUP?

[@johnhardin4358]

A good gold mine is a billion dollar operation. Banks, especially the European ones, are multibillion dollar operations. You are looking at a small market easily manipulated by big institutions. There is a reason these metals are precious. They are rare, and that is a small market by definition. Think it can't happen? How do you suppose the bubble of 1929 was created? Big banks, small country. The fiat system relies on control of the precious metal market. The futures market is a casino. There is no real price discovery. Own gold. Own silver. Do not speculate. The London futures market cannot deliver more than one dollar in gold per $100. The whole idea is buying a commodity. Occasionally someone insists on delivery. The process is beyond absurd. Of all the ways to buy gold, this has got to be the worst, but this is what determines the price. I recommend reading all the comments. Some very bright people have contributed. Something about this show really brought them out.

[@johnhardin4358]

Sounds like Peter is standing by his libertarian ideal of laissez faire markets. I don't know the whole story on the manipulations. When it comes to conspiracy theory I am cynical and gullible. Sadly, I am also right much of the time. Without some pretty serious proof, it's a matter of opinion. I mean, if I really deeply believed in many conspiracy theories, I would shut the hell up for my personal safety. At least I think so. Maybe I am just too old to care. I followed the subject long enough to see the organized crime implications and formed an opinion that has served me well. Will we ever get the goods on these crooks? In CA you can murder your wife and skate if you spend a million in the court system. Today I think Hillary Clinton could get a bit impatient some day with a speaker and walk up to the podium, ventilate him with a six shooter, kick his dead body off the stage, and carry on with her usual bs line without ever seeing the inside of a jail cell. So enforcement is out the window. We simply do not have rule of law. Try researching Bill Clinton. Every public record of his personal history has been eliminated. He just walked into the offices and took them. Who the hell is Obama? This country is a Rohrsarch ink blot of what it used to be. The USA looks like a bad combination of Argentina and Venezuela without the saving grace of oil. All over but the crying, folks. If this investigation is going to get anywhere, it will take a good 51% at least of the public in outrage before there is really any change. Our rulers made this devil's bargain and we are stuck with it. Whenever things change they get worse. Pessimists may not be happy but they live longer. The system is rotten to the core and it will not go quietly. Hope for the best, but prepare for the worst.

[@brothermike2788]

He’s sticking up for the banks...wonder why?

[@carlton7015]

this video virtually proves that the pms manipulation comes from the top . Novack is on the LBMA board, ex B of E long term employee. spoofing is only one small part of it.

[@patrickt873]

When she did not get the conspiracy answers she wanted to hear about the traders, she just jumped to the demise of the dollar. How the hell do you go from one line of questioning to another in a split second. I mean what next?. Peter and do you know if there are aliens being held in Area 51. Come on. I understand this is RT news... and you are being paid to steer the conversation to a specific line but this is hilarious. And I actually stack PM. Funny stuff

[@healthhavencom]

Good host.

[@upticktrade]

Dude, every markets are manipulated. Stocks, bonds, precious metals, real estates, derivatives, casinos, etc. Heck the whole economy is manipulated. It's the way of the game. You can't handle it, don't play.

[@johnhardin4358]

Yeah, the roulette wheel is rigged, but it's the only game in town.

[@Schoolship.]

i like Peter. he's great. but this is the dumbest thing he's ever said on t.v..

[@rich232399]

They won’t let Peter on TV if he talks about manipulated markets Much wiser for him to stay on tv And spread his wisdom ! Plus get more customers More money More gold ! Leave that to gata

[@jabfree4eva]

Very cautious Peter.. dont say too much. You know that's not the full picture.

[@MangekyoDominatesAll]

peter was right

[@bds6934]

peter when you gonna retire ?

[@michaellilienfeld4137]

Buy bitcoin and gold hedge your bets

[@thebinarybank8464]

At some point peter you are going to have to get common sense and understand the FREEDOM of Bitcoin is the future, metals are a great investment too, with Silver being #1 imo outside of Bitcoin. Why make yourself look stupid by hating on Bitcoin? Embrace it and start to buy it!

[@donttreadonme234]

There is some kind of cognitive dissonance here. Peter would affirm that stocks have been anipulated upwards, but thinks the gold market is not manipulated. Everyone who looks at the PM markets knows that it is full of paper contracts which will never have any physical deliveries connected to them. These contracts are often connected to astronomical imaginary amounts of precious metals. How can these contracts not often suppress the price? After all if you have more of something, even if it's just paper, how does that not affect the price? Also, there are traders like Michael Ballanger who consistently use the COT reports to see what the big banks are doing to time their own trades and are very successful at it. Ballanger, a life long PM trader, calls the Comex Crimex. Yes, the banks sometimes push the price up to suck in private investors which they shear later. It is hopeful for stackers and investors that PM's are going up. Just as in the stock market, bank manipulation has its limits, but to trade in the short term ( weeks ,months, instead of years) PM markets succesfully one has to always be aware of what the banks are doing. If you want to trade, learn how to read the COT reports and you 'll see some interesting things there. It is very curious to me that Peter Schiff, whom I respect, enjoy listening to, and have bought his EPGFX, takes this position on the PM markets.

[@heyjay2009]

Sad

[@Littleboy159]

The suppression of gold started back in 1940s and the initial goal was to counter inflation ,but, with help of US Fed, the US private players ,ie:JP Morgan,Comex Traders, Several other Hedge Funds etc, are still doing this for their profit ,creating artificial demand of US Dollar by suppressing gold and silver,so let's thik for a moment that the US economy growing at a rate of 2.1 % and the US inflation growing at a rate of 3.1%, But Dollar still not losing it's purchasing power 😂

[@bslangable]

sigh...every time the crypto references. Am I sensing fear Peter? That they also might be an answer to this broken financial system? Maybe even outshine gold? Why not keep talking about gold, it is what you know; stick to what you know Peter.

[@des_smith7658]

I am not in denial

[@kunalkath1]

Peter is getting "influenced"......

[@johnbernardo8156]

man was he right 11 months later

[@Xingqiwu387]

Schiff is fantastic. I just wish he would ditch the beard.

[@gordonhamilton727]

Peter Schiff is talking out his arse.....if you think hes not, take a look at Ed Steer 15 minute KZbin clip on JPMorgan price suppresion.

[@paulwiffin2452]

Schiff the sell out

[@r.hartmann7628]

She speaks like a robot 😂