Sovereign Debt & Currency Crisis: It’ll Be Worse Than 2008 - Peter Schiff

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Kitco NEWS

Kitco NEWS

Күн бұрын

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Peter Schiff, founder of Schiff Gold and Chief Market Strategist of Euro Pacific Asset Management, who says the macro environment resembles 2007, right before the 2008 financial crisis. Schiff warns that it will be worse this time than the 2008 downfall, adding that the Federal Reserve will have to choose between a massive financial collapse or sacrificing the U.S. dollar. He also discusses the depth of the U.S. debt spiral and gives his gold price outlook.
Special coverage of the New Orleans Investment Conference is brought to you by Discovery Group 👉 www.discoverygroup.ca/
Follow Michelle Makori on X: @MichelleMakori ( / michellemakori )
Follow Kitco News on X: @KitcoNewsNOW ( / kitconewsnow )
Follow Peter Schiff on X: @PeterSchiff ( / peterschiff )
00:00 - Intro
01:50 - It's feeling a lot like 2007, what's next?
04:52 - Data revisions
08:31 - Market reaction
11:09 - It’ll be worse than 2008
12:27 - The trigger to watch
16:38 - Currency collapse
27:08 - What's the alternative to USD?
38:21 - What derails Peter Schiff's outlook?
43:46 - Geopolitical situation
46:24 - Gold forecast
54:18 - U.S. election
__________________________________________________________________
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Пікірлер: 1 400
@peterschiff
@peterschiff 7 ай бұрын
Thanks for the interview Michelle and regards to the Kitco audience.
@thezyg6311
@thezyg6311 7 ай бұрын
Peter, why do you talk down BTC but accept it as payment over on schiffgold?
@anewcreature7
@anewcreature7 7 ай бұрын
@@thezyg6311 he’s a closet bitcoiner
@thezyg6311
@thezyg6311 7 ай бұрын
@@anewcreature7 I think him talking it down but accepting it as payment shows how bullish he is on it long term. He wants low prices for as long as possible.
@thenewamericanrealist
@thenewamericanrealist 7 ай бұрын
Great job both of you
@nodoubtbb
@nodoubtbb 7 ай бұрын
Great interview Peter thank you.
@WestonScally7614
@WestonScally7614 Ай бұрын
My investments in stocks and crypto are not meeting my expectations. Any last minute tips to improve my situation and make more $$$? I really need some urgent advice
@FelineAirstrip
@FelineAirstrip Ай бұрын
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
@SaintYvess
@SaintYvess Ай бұрын
A lot of folks downplay the role of advlsors until being burnt by their own emotions. Over the years, Ive been able to achieve a level of financial growth that I never thought possible, by just partnering with seasoned traders and financial advisors. This method remains highly efficient even till today
@Redwood4040
@Redwood4040 Ай бұрын
A lot of folks downplay the role of advlsors until being burnt by their own emotions. Over the years, Ive been able to achieve a level of financial growth that I never thought possible, by just partnering with seasoned traders and financial advisors. This method remains highly efficient even till today
@sting_grayl
@sting_grayl Ай бұрын
A lot of folks downplay the role of advlsrs until being burnt by their own emotions. Over the years, Ive been able to achieve a level of financial growth that I never thought possible, by just partnering with seasoned traders and advsors. This method remains highly efficient even till today
@AddilynTuffin
@AddilynTuffin Ай бұрын
Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
@johningram6262
@johningram6262 7 ай бұрын
Mind boggling money printing globally, world turmoil, central banks buying gold like there's no tomorrow, and yet the gold price does absolutely nothing. No one has an explanation for it.
@mrmustangman
@mrmustangman 7 ай бұрын
yep, something fishy is going on.!!!!!!!!
@derandreas
@derandreas 6 ай бұрын
Its a rigged market Greg Mannarino explains it well: Its a Commodity that derives value from its derivative.
@mrmustangman
@mrmustangman 6 ай бұрын
@@derandreas When derivatives are taken with respect to time, they are often denoted using Newton's overdot notation for fluxions, (dx)/(dt)= x˙. Although, the "d-ism" of Leibniz's df/dt eventually won the notation battle against the "dotage" of Newton's fluxion notation...
@Don-wj5lg
@Don-wj5lg 6 ай бұрын
Russia is selling gold to finance it's economy and war. That keeps a lid on the price.
@spoonapple5698
@spoonapple5698 4 ай бұрын
​@@mrmustangmanthe you tube
@davidngan3391
@davidngan3391 7 ай бұрын
inflation is over 20% in real life but the media is only saying it's at 3%
@JohnDoe-gg6kc
@JohnDoe-gg6kc 7 ай бұрын
Its not 20%, your feeling the compound interest of the last two years.
@CarlitoswayDR
@CarlitoswayDR 7 ай бұрын
20% accumulated yes from 2020
@abdulsijad2419
@abdulsijad2419 7 ай бұрын
inflation is 50% or more....milk was £1 one year ago today its £1.50.... thats 50% increase if inflation was 20% the same milk today would be £1.20
@basook6116
@basook6116 7 ай бұрын
why USA can't see the biggest threat to USA is its own DEBT??? long time ago, US DOD stated that big threat to US is its debt. backbone of USA is its economy
@Kingofthehill84
@Kingofthehill84 7 ай бұрын
Apple vinegar from Walmart store cost about $2 year ago now it's cost $6.14.
@personalfreedom2700
@personalfreedom2700 7 ай бұрын
Its so good when Peter is calm
@davidelliott2485
@davidelliott2485 7 ай бұрын
I don’t know, it’s pretty cool when the passion shows.
@lrww5673
@lrww5673 7 ай бұрын
I also like it when he's amped up and bringing the heat.
@zonnobux3945
@zonnobux3945 7 ай бұрын
I get nervous when Peter is calm, and vice-versa.
@markcrouch9047
@markcrouch9047 7 ай бұрын
It's a bit unnerving tbh
@MattMatusiak
@MattMatusiak 7 ай бұрын
It's weird to see him in a suit & tie...lol
@jaredcantlon252
@jaredcantlon252 7 ай бұрын
Way to keep it calm & collected Peter. Bravo.
@tedcavanaugh8660
@tedcavanaugh8660 7 ай бұрын
Peter knows economics better than anyone!Have him on more Kitco!
@BlueWaterSTAX
@BlueWaterSTAX 7 ай бұрын
Peter is a legend. Thanks for having him on Kitco Michelle
@kevinspence5093
@kevinspence5093 7 ай бұрын
Legend in his own mind…and yours.
@jhgolf25
@jhgolf25 7 ай бұрын
​@@kevinspence5093mine too
@acornsucks2111
@acornsucks2111 7 ай бұрын
Why?
@jhgolf25
@jhgolf25 7 ай бұрын
@@acornsucks2111 bc he knows his stuff
@cryptoricardo
@cryptoricardo 7 ай бұрын
if for you someone who calls for a financial crisis quarter after quarter for years until it finally happens is a legend, we have very different definitions of a legend
@pauld2913
@pauld2913 7 ай бұрын
Just went over one trillion dollar debt service cost. This thing is sliding slowing, but will slide rapidly in the not too distant future. Thanks for posting.
@mrmustangman
@mrmustangman 7 ай бұрын
sliding fast already in my opinion....
@nickgutierrez4536
@nickgutierrez4536 7 ай бұрын
It's nice to see that Peter is speaking in a calm tone and demeanor. Never understood why he always yells but I do like his content.
@mrmustangman
@mrmustangman 7 ай бұрын
he gets excited
@pmcauslan
@pmcauslan 7 ай бұрын
This in-person format suits Peter much better than shouting into his lavalier mic from his remote studio. Physical context matters. My mom YELLS into her phone... I'm convinced it's the same phenomenon 😅
@MannElite
@MannElite 7 ай бұрын
"Things feel worse to consumers than the data would reflect" You can say that again!!!
@brandonling9663
@brandonling9663 7 ай бұрын
Peter is such a wonderful educator. Good job!
@theinflationsituation8870
@theinflationsituation8870 7 ай бұрын
He also called out Celsius CEO for fraud on this show. Its a classic!
@EffB
@EffB 7 ай бұрын
Oh yeah shilling for bitcoin I remember that now lol
@Weak_juan
@Weak_juan 7 ай бұрын
Machinsky is a scammer
@Bleda412
@Bleda412 7 ай бұрын
And he said he would never talk to this incompetent "journalist" again, yet here is talking to her.
@farmerdude3578
@farmerdude3578 7 ай бұрын
That was great.
@michaelweyenberg6238
@michaelweyenberg6238 7 ай бұрын
@@Bleda412 She couldn't help it to be caught up in the BTC hype during that time lol
@leechongyew8807
@leechongyew8807 7 ай бұрын
"We are already in the Grand Canyon of holes" -- Peter Schiff
@gregorysagegreene
@gregorysagegreene 7 ай бұрын
... "that's when you stop digging."
@jeromehaymaker5071
@jeromehaymaker5071 3 ай бұрын
Where is it all going? It must go somewhere! It's not going to disappear when push comes to shove. If the dept is always part of the market, it's just numbers in accounts changing location. There is no dept collector to send after the fed and congress that spent the money.
@leechongyew8807
@leechongyew8807 3 ай бұрын
@@jeromehaymaker5071 You're right, most of the currency gets hoarded by large corporations and by wealthy individuals. But it is very much a function of how much debt gets repaid. Every time we pay down debt, currency created by banks goes back to money heaven.
@Ambassador_Gkar
@Ambassador_Gkar 7 ай бұрын
This last week-10 days, has to be some of your best ever work, Michelle. Thanks.
@daveh6424
@daveh6424 7 ай бұрын
Mike Maloney' hair went from Gold to Silver and Peter's went from Silver to Gold.
@qbh3394
@qbh3394 7 ай бұрын
Hahha … well said 😂
@visittavee7773
@visittavee7773 7 ай бұрын
Bread should color he forgot.
@daveh6424
@daveh6424 7 ай бұрын
@@visittavee7773 uh....bread?
@peterwilson9327
@peterwilson9327 3 ай бұрын
When they ban gold/silver they'll both be bald😮😮
@mr.g1758
@mr.g1758 3 ай бұрын
Maybe Mike is a silver advocate and Peter is a gold bug.
@brunoa8485
@brunoa8485 7 ай бұрын
This is as good as it gets! Thanks for the great contents.
@acornsucks2111
@acornsucks2111 7 ай бұрын
LOL
@FoxWolfWorld
@FoxWolfWorld 7 ай бұрын
Peter should’ve also mentioned how he was right about Celsius being a Ponzi scheme, on her show!
@darnold1984
@darnold1984 7 ай бұрын
Peter should also mention how he's missed Bitcoin since it was a buck
@JimJamJuicy
@JimJamJuicy 7 ай бұрын
@@darnold1984even with benefit of max trying to orange pill him
@DouglasRamirez-dj7sd
@DouglasRamirez-dj7sd 7 ай бұрын
​@@darnold1984HOW ABOUT ALL THE SUCKERS THAT BOUGHT BITCOIN AT $ 59,000.00 ??
@kisms8590
@kisms8590 7 ай бұрын
​@@darnold1984yes, but he can buy it from his son over 100k pop.
@MacChallenge
@MacChallenge 7 ай бұрын
I really enjoy listening to mr. Schiff. He’s so straight forward, calm and knows his stuff. More of this on Kitco, please. Next time, do two hours 👏
@acornsucks2111
@acornsucks2111 7 ай бұрын
Bot.
@_permanence
@_permanence 7 ай бұрын
Peter Schiff just shilling his gold products, as usual.
@gregorysagegreene
@gregorysagegreene 7 ай бұрын
I'll settle for "you're broke", because I have been since 2008. It means if his 'Collapse' happens, with 'sound money' back I'll only have upside.
@jimscherer8072
@jimscherer8072 7 ай бұрын
​@@_permanencemost illogical that you listened to him then. It's called free-market Capitalism but telling you is like telling a small child or golden retriever.
@mrmustangman
@mrmustangman 7 ай бұрын
Michelle is truly awesome at keeping us abreast of the situation......
@scottlebus3883
@scottlebus3883 7 ай бұрын
They cut the clip when Peter is drooling!
@janicejohnson1334
@janicejohnson1334 7 ай бұрын
Michelle is sooooo awesome !!!!!!!!!!!!!!!!!!!
@akebouz
@akebouz 7 ай бұрын
Peter Schiff is Legend
@Phaedrus5015
@Phaedrus5015 7 ай бұрын
In his own mind, maybe.
@funkspinna
@funkspinna 7 ай бұрын
​@@Phaedrus5015Apparently not, as plenty otherd agree with OP's comment.
@shanejones578
@shanejones578 4 ай бұрын
@@Phaedrus5015Peter is a seriously good dude. If America listened to him rather man MSM the last 15-20 years we’d be an entirely different country 100x better off
@sharoncampbell5734
@sharoncampbell5734 7 ай бұрын
peter makes absolute sense and thats why people keep listening to him. Nobody can debate him.
@musashi4856
@musashi4856 7 ай бұрын
His only blind spot is ₿itcoin. It's his Achilles heel.
@JimJamJuicy
@JimJamJuicy 7 ай бұрын
Saylor would destroy him but he’s too scared
@alquemir
@alquemir 7 ай бұрын
@@JimJamJuicy You forgot to take your meds.
@JimJamJuicy
@JimJamJuicy 7 ай бұрын
@@alquemir lol obviously not a life long learner
@sjlee48
@sjlee48 7 ай бұрын
Schiff is full of shit. He gets attention by making gloomy claims because people reacts quicker and more frantically to negativity versus to positivity
@matthew1106
@matthew1106 7 ай бұрын
This version of Peter is the best one. Calm and dropping bombs. Less excitable and sensational.
@MomentswithDavid
@MomentswithDavid 7 ай бұрын
It’s cuz they always have some panel of idiots harassing him usually on TV
@LetsGoBrandon4U2
@LetsGoBrandon4U2 7 ай бұрын
Straight forward, fact based information is so dam refreshing, thanks Michelle. KITCO NEWS ROCKS
@kitco
@kitco 7 ай бұрын
Glad you found it informative. Thanks for watching!
@michaelcrump9360
@michaelcrump9360 7 ай бұрын
dire conditions for our once free country
@danielperatinos89
@danielperatinos89 7 ай бұрын
Weak men create hard times....
@roggie77777
@roggie77777 7 ай бұрын
Man Peter must have taken a chill pill
@lankyrob6369
@lankyrob6369 7 ай бұрын
Few old fashioned...
@efrain926
@efrain926 7 ай бұрын
he was enjoying her presence
@lepton31415
@lepton31415 7 ай бұрын
looks tired
@joshspiker
@joshspiker 7 ай бұрын
Peter's usually calm in these discussions, unless he's being challenged or attacked. Michelle was incredibly rude to him during his debate with Alex from Celsius a couple of years ago. However, since she's an attractive and harmless-looking vvoman, he accepted the interview. If, on the other hand, Scott Nations from CNBC confronted him in person, he likely would have declined to interview with him.
@KKevinnnn
@KKevinnnn 7 ай бұрын
He lengthened his telomeres before the interview
@chrismale9976
@chrismale9976 7 ай бұрын
Nice to hear Peter relaxed and not losing his mind over bitcoin. Good to see this is why people listened to him in the first place
@kisms8590
@kisms8590 7 ай бұрын
Sure, but he's talking about us collapse for 20+ yrs. He Could be 10yrs off, he runs gold fund.
@liamrmorgans921
@liamrmorgans921 7 ай бұрын
@@kisms8590how has that QE program been going for the past 15years? Good?
@Kitten_Stomper
@Kitten_Stomper 7 ай бұрын
@@liamrmorgans921most of the QE went into tech stocks and bitcoin rather than gold though.
@jimsullivanyoutube
@jimsullivanyoutube 7 ай бұрын
Even a broken clock is right twice a day. He's been right for a long long time and yet, they keep kicking the can down the road, surprisingly. One things for sure, fiat currencies always ever to 0. The dollar always loses value over time.
@sten260
@sten260 7 ай бұрын
we probably got like 10 years left of dollar, most fiat currencies wont make it over beyond 50 years. Only gold and oil holds value for thousand years
@kurgin
@kurgin 7 ай бұрын
hard to predict the massive amount of government and banking corruption
@bogdanlevi
@bogdanlevi 7 ай бұрын
​@@sten260 oil was barely used, if at all, a thousand years ago.
@stephendaniel5912
@stephendaniel5912 7 ай бұрын
This was one of Peters' best informative podcast interviews I have been fortunate to watch. Excellant interview Mchelle
@chriswrerup
@chriswrerup 7 ай бұрын
Schiff is the best. Thanks Michelle for getting him on - in person to boot! Well done. ❤
@biglance
@biglance 7 ай бұрын
Peter must have had a J before the show, never seen him this calm! Love it Peter!!! peace.
@allanyao418
@allanyao418 7 ай бұрын
Finally, Peter Schiff!!! 👌
@RicVee1
@RicVee1 7 ай бұрын
Peter must have dropped a benzo he is so chill....i like him either way tho and have been a fan for many years
@jeffallen8026
@jeffallen8026 7 ай бұрын
😂
@duanetucker
@duanetucker 7 ай бұрын
I was suprised Michelle did an interview with Peter. Their last get together was definately more volatile.
@thomashume6497
@thomashume6497 7 ай бұрын
It is spelt definitely
@joshspiker
@joshspiker 7 ай бұрын
He didn't feel threatened by her. Plus, she's an attractive and harmless vvoman, which makes a difference to some men. If CNBC's Scott Nations approached him instead, he probably would've declined the interview.
@xmonikerhotmailcom
@xmonikerhotmailcom 7 ай бұрын
@@joshspikerHow many times do you need to keep saying this? SMH.
@duanetucker
@duanetucker 7 ай бұрын
@@thomashume6497 Periodically, I intentionally misspell things just to provoke a reaction from the small community of individuals who lack more substantial reasons for their existence. This action may help them temporarily address their personal issues by providing a sense of improvement. I am glad I was able to help you.
@snailslow7058
@snailslow7058 7 ай бұрын
Peter is so truful and honest. Very rare in today's world.
@AsterothPrime
@AsterothPrime 7 ай бұрын
excellent! my favourite economist being interviewed by my favourite host 😊
@BufordPusser582
@BufordPusser582 7 ай бұрын
All of your guests are intelligent. Peter is at the top of the list however. A great interview with one of the smartest guests. Thanks
@michaelholmes8848
@michaelholmes8848 7 ай бұрын
Shame he’s so dumb about Bitcoin.
@majorpayne8373
@majorpayne8373 7 ай бұрын
Michelle always gives us a fantastic view of the bust up ahead.
@mrmustangman
@mrmustangman 7 ай бұрын
she is truly awesome at keeping us abreast of the situation......
@10blabbermouth
@10blabbermouth 7 ай бұрын
I’ll subscribe when she gets rid of that table like it used to be!
@Metal_seer
@Metal_seer 3 ай бұрын
Clever word selection
@michaelbridges2386
@michaelbridges2386 3 ай бұрын
Oh mauve
@erinmorales8396
@erinmorales8396 7 ай бұрын
Michelle calm demeanor is contagious! Even Peter couldn’t resist.
@codygreenland9817
@codygreenland9817 7 ай бұрын
Right. Never heard Peter talk so calmly
@10blabbermouth
@10blabbermouth 7 ай бұрын
how could he stay calm when that table wasn’t there..???
@richardwhite1120
@richardwhite1120 7 ай бұрын
Peter talks complete common sense as usual. The only potential downside to mining stocks is the possible nationalisation/state takeover of the companies concerned.
@GeorgeOrwell-yz6zx
@GeorgeOrwell-yz6zx 4 ай бұрын
Great comment. 🍻
@dangaines405
@dangaines405 7 ай бұрын
Peter is a great guest! Smart and prescient!
@jeucedudemanbromcdeuce3611
@jeucedudemanbromcdeuce3611 7 ай бұрын
Reserve banks will try to go to CBDC's before going to gold, it will flop, do even more damage, and then gold will have to come into the picture for backing currencies again. They will do whatever they can to not go back to a gold standard because of the sheer agony it would cause economies around the world.
@JimJamJuicy
@JimJamJuicy 7 ай бұрын
Gold failed last time for a reason
@jeucedudemanbromcdeuce3611
@jeucedudemanbromcdeuce3611 7 ай бұрын
@@JimJamJuicy Ahistoric perspective.
@vincea2996
@vincea2996 7 ай бұрын
Cbdc will succeed because will be backed by gold
@allurared9029
@allurared9029 7 ай бұрын
​@@vincea2996And how are they going to do that? If people have the chance to trade in their CBDC for gold, they will trade it all in.
@sterlingcampbell2116
@sterlingcampbell2116 7 ай бұрын
​@@JimJamJuicygold didn't fail. Everything was fine any time the dollar was backed by gold. It was taking the dollar off the gold standard that caused this
@kylewatson5133
@kylewatson5133 7 ай бұрын
I believe the last time Peter was on Makori's channel was the Celsius debate with Mashinsky. Peter got a little frustrated because people like Michelle were making content and getting views by having on crypto pumpers. Glad to see Makori and Schiff move past that heated exchange.
@lovemypoker
@lovemypoker 7 ай бұрын
his amazing record of predicting 15 of the last 3 recessions is unmatched by anyone the media regularly interviews
@kisms8590
@kisms8590 7 ай бұрын
Can u share the dates he predicted? Since he's talking about collapse for 20+ yrs. Why is usd still strong 50+ yes after removed gold standard?
@anthonybrink287
@anthonybrink287 7 ай бұрын
@@kisms8590 The deals our people made after WW2 making the dollar the de facto currency used for global trade and the military power that has has been used as a threatening cudgel to enforce it. that’s how the dollar has stayed strong. Even when announcing to the world that our dollars were no longer redeemable in gold, the world strangling system we put in place gave the world no other options, even when we told them it was basically Monopoly money. That stranglehold we have is slowly loosening. Digital online transactions being the main thing weakening it, that and the absurd amount of dollars being created.
@resurrectingexcellence
@resurrectingexcellence 7 ай бұрын
😂😂😂😂
@michaelmoore6708
@michaelmoore6708 7 ай бұрын
😂😂😂😂😂😂
@danielsan2233
@danielsan2233 7 ай бұрын
Great interviev, Thank you Michelle and Mr Shiff
@vbonzo
@vbonzo 7 ай бұрын
I laughed to see how careful you were not to mention BTC to Peter!! The conversation was great, especially because of the probing you did around the "tipping point" for the dollar. Thanks Michelle! Always great content!
@glenn9576
@glenn9576 7 ай бұрын
The Best Interviewer...knowledgable ...lets the Guest speak...asks intelligent questions...excellent work Michelle.
@Tiredsoverytired
@Tiredsoverytired 7 ай бұрын
The greatest advert for Bitcoin I ever heard.
@haroldgilbert6707
@haroldgilbert6707 7 ай бұрын
In 50 day national debt up 750 billion to nearly 34 trillion
@tonybarnes1013
@tonybarnes1013 7 ай бұрын
Kick that can !! US Peso is on its way
@Jonnys00007
@Jonnys00007 7 ай бұрын
this is my favourite interview out of the whole summit . Bravo Peter
@fubarbrandon1345
@fubarbrandon1345 7 ай бұрын
Excellent guest and interview...thanks Michelle.
@Joeblow49
@Joeblow49 7 ай бұрын
Peter is Calm at this time he will always be a true legend!
@dtb7872
@dtb7872 7 ай бұрын
gold back where it was 10 years ago. Where's bitcoin? oh yeah, up 10000%
@duprazsnow9057
@duprazsnow9057 7 ай бұрын
A very good interview from Mr Schiff and Madame Michelle Makori
@dixiederivatives
@dixiederivatives 7 ай бұрын
Peter! Stepping up and interviewing with the beautiful michelle Makori! Congrats!!
@pjviitas
@pjviitas 7 ай бұрын
Thanks for taking the time Michelle and Peter...all great stuff...and good to see Peter on his best behavior...Bravo
@Mr47016
@Mr47016 7 ай бұрын
Peter is a legend. I have the deepest respect for his words and knowledge, thank you for this interviewl
@kitco
@kitco 7 ай бұрын
Glad you found the interview valuable. Thanks for watching!
@danielsouza8144
@danielsouza8144 7 ай бұрын
Great news kitco.
@dannyboy8850
@dannyboy8850 4 ай бұрын
Our country has no intention or plan to balance the budget. The ship is going down slowly but surely. 😭😭😭
@chaotic_coder
@chaotic_coder 7 ай бұрын
Always good to see Peter
@tomlawler1079
@tomlawler1079 7 ай бұрын
Peter is an amazing man, great interview, very informative
@gregero
@gregero 7 ай бұрын
Michelle brings out the best in Peter.
@bruce5895
@bruce5895 6 ай бұрын
I for one believe everything that Peter Schiff has to say, in my book he is 100% spot on.
@EffB
@EffB 7 ай бұрын
Peter looking sharp and Michelle stunning! Great interview!
@kaceystewart5049
@kaceystewart5049 7 ай бұрын
Peter is spot on with this interview. The US will have to go back to some kind of gold standard in order to avoid a complete financial crisis that affects the world, probably about the same time we go to a CBDC. The financial crisis will be a reason the Fed insists that we have to use the CBDC. Get ready people--pay off your debt and buy some gold and/or silver, even stock up on some nonperishables because the US will experience major inflation. Great interview Michelle :)
@barbaraherda9212
@barbaraherda9212 7 ай бұрын
We don’t even need a “standard”. Peter stated that before too. Standard was created by bank cartels to initiate control over monetary system. We just need to start using physical metals - paying and being paid. It was done for thousands of years, the only ones who’ll say it “can’t be done” are those doing the pillaging - banksters, corrupt politicians, corrupt plutocrats/oligarchs.
@benzun9600
@benzun9600 7 ай бұрын
USA will never go back to gold standard but they will eventually issue digital dollar for the "benefit and safety " of the people
@shev1970
@shev1970 7 ай бұрын
If only if we could get gold digitise it and make it native to the internet while keeping it hard and scarce
@onigro1350
@onigro1350 7 ай бұрын
Always listen to him. Greetings from Brazil.
@MM-ji5je
@MM-ji5je 7 ай бұрын
Peter gets cooler every interview he does.
@gregorysagegreene
@gregorysagegreene 7 ай бұрын
The reverse-Collapse ETF. Cooler he gets, more of a 💩-show the country becomes.
@gregero
@gregero 7 ай бұрын
He is just trying to be cool because of Michelle.
@alesnecas7410
@alesnecas7410 7 ай бұрын
Peter is the man. If i listened to Peter in 08 I would not have lost my shirt.
@XhaLeSWE
@XhaLeSWE 7 ай бұрын
If you would have listened to Schiff and went all in on gold from 08 until now you would have barely made enough to buy a shirt today.
@KKevinnnn
@KKevinnnn 7 ай бұрын
He calls for recession every year you just have to decide when hes right
@TrevorEMayo
@TrevorEMayo 7 ай бұрын
Peter always sounds so logical. I wonder if he will be alive when his predictions come true.
@ginayoung6900
@ginayoung6900 7 ай бұрын
Great interview Michelle!! I love his outlook (political view)
@ddprepper5227
@ddprepper5227 7 ай бұрын
Excellent report 👍👍👍👍👍👍
@mahadkhanmusic
@mahadkhanmusic 7 ай бұрын
Hes so happy about the Recession coming in, like hes super excited to be witnessing it.
@jeffallen8026
@jeffallen8026 7 ай бұрын
Today would be a great day to short all US stock indices!
@mlynto
@mlynto 7 ай бұрын
So he can be finally right after 15 years of wrong predictions.
@lamarravery4094
@lamarravery4094 7 ай бұрын
Because he's been preparing for it. He's ready for the recession to happen.
@moon1val
@moon1val 7 ай бұрын
The last time these two were talking was with the Celsius CEO right? Peter called out his BS and now he's proven to be a fraud hahah
@draymond5067
@draymond5067 7 ай бұрын
Excellent interview
@EgaBeava
@EgaBeava 7 ай бұрын
OMG this was the biggest reality check we all needed!
@selva6344
@selva6344 7 ай бұрын
Great interview and relevant content. The interviewer was outstanding, by catching up with the guest and making appropriate questions. Thanks to both of you.
@motorcitymadman146
@motorcitymadman146 7 ай бұрын
😅😊😅 😅😅I 😮
@hoseinmirnejad7075
@hoseinmirnejad7075 7 ай бұрын
Interesting analysis. I hope the people take the issue seriously and protect themselves against the looming future of economy.
@menamgamg
@menamgamg 7 ай бұрын
I feel very fortunate to have been able to open my eyes to the truth of how the world works, but ive realized that mindset is rare and people who watch a channel like this are few and far between. I feel like most people are actively trying to stay ignorant and in my experience there is no point in trying to help anyone else learn how to protect themselves economically. I think most people simply do not value the truth and do not actively seek to understand the world better and their ignorance is a conscious choice and not an accident.
@hoseinmirnejad7075
@hoseinmirnejad7075 7 ай бұрын
Well said@@menamgamg
@gbhaskar4703
@gbhaskar4703 7 ай бұрын
Lucid presentation both persons in the program. thank You
@TheSwissPoliticalSystem
@TheSwissPoliticalSystem 7 ай бұрын
I think Michelle's beauty and poise calms him down
@comic-sniper
@comic-sniper 7 ай бұрын
Best interview in a long while. Great job 👍
@user-vw8nh4dw2o
@user-vw8nh4dw2o 7 ай бұрын
Peter was outstanding today. Thank you, Michelle/Kitco
@leoneladames5538
@leoneladames5538 7 ай бұрын
I'm glad she let him speak is mind without debating him...great interview.
@brazilstreets7955
@brazilstreets7955 7 ай бұрын
Bring Peter back more often.
@ficko88
@ficko88 7 ай бұрын
Peter talking this calmly sure felt off, lol. Great interview!
@nickcryptopuna2736
@nickcryptopuna2736 7 ай бұрын
He's Been saying this for 20 year's 😂😂😂 follow the money
@peterwulff469
@peterwulff469 7 ай бұрын
- that was highly illuminating, thanks.
@gimhuatong4977
@gimhuatong4977 7 ай бұрын
Agree with Peter. 👍Always enlightening.
@fazotakeiteasy
@fazotakeiteasy 7 ай бұрын
First time ever seeing Peter calm and not spazing out about bitcoin. lol He has all good points on the sh!t storm that is about to unfold.
@interestingvideos2963
@interestingvideos2963 7 ай бұрын
Peter is still betting on gold, he was doing it 10 years ago and now the price is same.
@_permanence
@_permanence 7 ай бұрын
Exactly 😂 he’s been trying to sell gold to morons for the past decade
@michaellutherdavies
@michaellutherdavies 7 ай бұрын
​@@_permanencelook at the price of gold in japanese yen
@billstrauss2754
@billstrauss2754 7 ай бұрын
Wow!!! Great interview thanks
@EclipseEditzx3
@EclipseEditzx3 2 ай бұрын
Oh my god Peter. Watching this as gold has surged close to 2500$. You are the most intelligent and truthful man out there
@mythaitours
@mythaitours 7 ай бұрын
Peter vomited in his mouth when he suggested BLOCK CHAIN, as a means to support everyone being able to own gold 😂😂😂
@wimvanaerde6249
@wimvanaerde6249 7 ай бұрын
Been hearing this forever now 🤣😁😁
@charlesewillmore5252
@charlesewillmore5252 3 ай бұрын
Great presentation
@stanpique2161
@stanpique2161 7 ай бұрын
Great interview Peter!
@collinsnorman473
@collinsnorman473 7 ай бұрын
The latest CPI report reinforced a potential end to the interest-rate hikes that have hurt growth for over the past year, making a soft landing scenario more likely for the US economy.Recently sold 30% of my $500k portfolio comprising of plummeting stocks, quite devastating!
@taylorgreen5908
@taylorgreen5908 7 ай бұрын
In my books not your fault, the stock market seems to be more of a casino for gamblers now than a place for investors.Its your duty to properly research, buying now does not guarantee a rebound
@xRODIMUSxPRIMEx1
@xRODIMUSxPRIMEx1 7 ай бұрын
You can feel the tension in this interview. Peter calling out the Celsius CEO on this show will forever be remembered and should be noted as a legendary call out of a fraudster
@josefernandorondon2244
@josefernandorondon2244 7 ай бұрын
Great interview. Congrats to both
@BecamePneuma
@BecamePneuma 7 ай бұрын
Two of the greatest minds in this space right now
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