🔴 The "Unsinkable" American Consumer Is Drowning In Debt - Ep 925

[@chrisjbarton]

Great show! Been watching you since you ran for Senator. You should do another run, we the people need you in office and others of equal values. Thanks for everything you do Peter!

[@gregorysagegreene]

Well, I followed Peter Navarro's economic analysis for many years back in the 2000's, and this well-respected expert went into government. And now look at what they've done to him!

[@melevan15]

He can't run. He lives Puerto Rico.

[@pausereflect5911]

Peter. He's way too honest! They're already attacking him personally and his businesses.😊

[@WaylonAndST.MathyusDad35]

​@@melevan15He already ran for Senator back in 09-10

[@wayne3720]

We need him and more like him!!

[@timsilva1944]

"As if going to a store and buying things is some heroic act". 😂 Peter Schiff comedy.

[@scottgrayson9668]

Prices at the store Hurts my wallet $20 is the new five dollar bill.

[@angelawood2978]

I agree. We say $100 is the new $20

[@elvinsimon5008]

i AGREE lol thanks to Jerome

[@bigb6046]

I know , I am single and make pretty good money but I don't know how the average middle income family with a few kids make it nowadays. We are really being screwed!

[@rogerburn5132]

Wait until 100.000 dollars buys you cup of coffee. Like in Venezuela 😂😂😂😂😂

[@darlenekirk1018]

You can't buy anything of substance for $20 anymore...

[@RentalCompanyOne]

Listening to Peter explain to me in great detail why and how I should like his video is the highlight of my day.

[@ben-wt2wj]

Dad mode engaged

[@alexandermiller6583]

This is pissing me off. I’m pretty poor, I’ve been struggling to build a business for a few years now. Rising prices and rates have created such crushing setbacks. I feel pressured to go into industries I don’t even want to do business in. Lenin was right: if you want to destroy capitalism, you print money.

[@jetstream3528]

Yes And never blame yourself....thankyou for being an entrepreneur......you are in a position to barter I hope.

[@MacroAnarchy]

Similar position, running a small online shop. Things are wild right now, somehow I survived but I’m seing my competitors going down left and right.

[@billymartin665]

​@@jetstream3528is there a network for Barter

[@romanianpitbull7320]

John Lennon was wise

[@darlenekirk1018]

​@@MericaMomentI identify as rich...

[@jerrymeyer565]

The price isn't a true example of inflation, companies are also reducing the the ounces of food in packaging.

[@ibrahim-sj2cr]

the CPI captures the price change caused by downsizing. (shrinkflation)

[@EricSmyth2Christ]

@@ibrahim-sj2croh come on no they don’t

[@PastPerspectives11]

@@ibrahim-sj2crthe CPI is a joke my man

[@ibrahim-sj2cr]

@@PastPerspectives11 i know

[@michaelcalmeyerhentschel8304]

"Drowning in debt" is like "wallowing in life." American consumers have learned from the government that if more debt is available, take it while you can. The banks are still increasing their credit cards, pretending that those balances will ever be paid, in exchange for usurious credit cards rates and fees. None of it matters anymore, since "effective bankruptcy" leads to negotiated debt levels, forgiven loans, late and missed payments on rents and mortgages, the biggest banks writing off debts compensated by the Fed while welcoming the demise of smaller private banks that represented annoying competition anyway. EVERYONE colludes to survive at the extremes, accepting eventual mutual destruction via communal bankruptcy.

[@willowmagi]

It's a gambling addiction.

[@delmonicofarquhar9893]

Good comment! The name of the game in America has always been to be "ahead of the curve." While I'm personally big on no indebtedness, the reality is that some indebtedness, especially for durable goods, does make sense for some people. Just don't use debt as frivolously as is continuously suggested by retailers and, even today, many banks. Always be in a position to pay off debt, too, especially when interest rates are high(-er), as they are now. Credit card debt should always be paid off immediately. Generally, for me, the best policy is to live simply and don't carry any debt balance. Outside of home and car, "stuff" is not worth the hassle, but even home and car should be paid off expeditiously.

[@willowmagi]

@@delmonicofarquhar9893 1-800-GAMBLER. The National Council on Problem Gambling operates the National Problem Gambling Helpline Network.

[@DIVISIONINCISION]

@@delmonicofarquhar9893 My only debt is a house and private land. Both are at low interest, so there is no reason to pay them off quickly.

[@delmonicofarquhar9893]

I agree. The important thing is to always keep any indebtedness well below your current and expected cash flow allocations handled by discretionary income. Take care. @@DIVISIONINCISION

[@Nordy941]

I work in a restaurant our prices just went up again. Now at a 40% increase since 2020. Been at the same place in FL since 2019.

[@motivationready]

Has your pay also increased? Here in CA, minimum wage for fast-food workers is now $20 per hour. Not sure has much longer this is sustainable.

[@neonovalis]

That would not be a problem if (net) wages would have gone up 40 percenct since 2020 also - right ?

[@Nordy941]

@@motivationready I work on tips. So the amount I make per table has certainly gone up but over all we have less guest and it’s noticeable less busy but total sales in dollars are up.

[@DIVISIONINCISION]

@@motivationready Unsustainable. Those workers can't afford to live there, but even worse, $20/hr for unskilled labor is insane.

[@stemdar]

Peter, I wish wish I had a teacher like you in High school.

[@johnsmithiii6472]

I loved your point about spending is the caboose of the economic picture, and that we need to produce more...absolutely spot on.

[@chillinvillin21]

Netflix is increasing the monthly subscription fee to $22.99. That's up 43.77% from $15.99 in Nov 2020!!!

[@cleanuptomcat2]

Working in customer service I've noticed how shocked people are when company's raise prices. They don't realize how expensive it is for business to operate. The counter offers I hear on some items make me think they're delusional or crazy. Many people still living in the past.

[@jetstream3528]

Many are living in their low income unbalanced trade world......they are constantly worried about eating let alone an emergency like car repairs or heat problems. It is a disgrace what our government has done to the unfortunate.

[@mexpr4life]

I try and put everybody on the this man's podcast. Peter Schiff is one of the very FEW people that are telling the truth about the financial situation that we are in.

[@steved0123]

This guy would make an excellent Secretary of the Treasury.

[@Bobafe77a]

Thank you, Peter Schiff, for articulating and confirming what most of us in the western world know. We're all being taken for a ride and the less fortunate are struggling and getting poorer. None of this bodes well for society as a whole. The consequences of such an imbalanced dociety are many and as yet unseen.

[@bigb6046]

More people lately are buying into what Peter has been saying for years. Just recently a few people I work with who were always oblivious to the underlying financial problems that we have , have been complaining about debt , inflation etc and one even told me that he bets that the United States will eventually default , being a long time Peter listener I told hin we actually already have defaulted through inflation and expansion of the money supply.

[@gunfunandstuff9226]

there is NO OTHER OPTION than to default

[@dookieboy2106]

@@gunfunandstuff9226 half the world's destruction fixes this . These people are sick .

[@dershburns3321]

We defaulted in 1971. No they will debase the currency.

[@sam_1570]

IMO, the US will never officially default as that would cause so much destruction around the world. They would just keep increasing the money supplying. Remember the days when a 5 million dollar lottery jackpot was so much money? 😮

[@grantv2313]

Consumerism has consumed us. In the 50s people didn’t make much but there wasn’t that much to buy. A toaster, a radio. Maybe a fur coat and jewelry. Cars were capped because they all had roughly the same tech. Houses weren’t ridiculous. And you actually had to go to a store to obtain these things. Enter 2023. The amount of “stuff” for sale is mind boggling!! Still have all the same stuff as the 50s but you can lay in bed and spend thousands on Pokémon cards if you feel like it, without actually having any money! A gaming system might be a weeks pay. In the 50s you had board games to buy for entertainment. For the US to operate the way it does, the average household income should be up to about $250k by now and it’s like actually $50k. Somethings gotta give.

[@Jalleur14325]

Yes, that's why there is so much depression. It's really sad because not only are people unhappy, but it's killing the planet.

[@MSmith-qg1oh]

I hope something does give asap.

[@AndrashSpooshkash]

Pokemon cards ? gaming system ? Try growing up and see how far the money goes (unless you really are 12 years old)

[@OdysseusAres5500]

So well said. And then people earning 500k+ are getting richer way too fast, because they have assets in the hyperinflation environment.

[@grantv2313]

@@AndrashSpooshkash Wow, I just gave random examples. I’ll try to pick something more accepting to you next time. It never ceases to amaze me what people are able to get upset over in a comments section.

[@electricman69]

If people are up to their eyeballs in debt then how is it they can keep on going deeper it just never ends

[@guloguloguy]

THANK YOU, VERY MUCH!!!! I LOVE YOUR COMMON SENSE, LOGICAL ANALYSIS , IN THIS INSANE, TUMULTUOUS TIME!!... MAY GOD BLESS YOU, ALWAYS!!

[@nickbrian9882]

You should make a “Schiff Clip” for the Bank of America segment, it’s very quick, logical, and showcases the errors you’ve been warning about!

[@gregchernoff]

You have always been the one guy I actually trust out there, thank you for all you do to try and sound the alarm

[@MoM-do7js]

Well said Peter 💥. Instant gratification is a killer

[@danbarrett949]

Great stuff Peter!! I followed you in 2004, bought your book, and tried to warn people about housing bubble. They wouldn't listen. Now this MOAB is going to be worse and people still aren't listening!!!

[@justanopinion-ub9pp]

Thx peter for all your awesome insight and financial wisdom.

[@DjmMik]

I calculated the annual compounding of the National Debt based on the numbers you gave for 2000 until today and I came up with around 8.25% per year!

[@ltethan649]

That is close to the actual reality. The half life of the usd is about 10 years.

[@EmersusTech]

Peter, I figured out why the percentage of likes isn't great: It's not because some of us are lazy bums, which if we're honest...No, it's because many people watch a portion of your show, then rewatch again and sometimes a third time. That skews the likes vs. views. So, the solution is to convey all the info with a short 59 second short! 😊

[@paulreilly2208]

Been accumulating Aussie gold and silver stocks,got a feeling we are on the cusp of something very big. Thanks for giving me the confidence to stay in the game.

[@Antique803]

Gold and silver stocks are paper. Paper will burn. Don’t depend on promises or promissory notes.

[@andretorben9995]

You need to have actual bullion not stocks, stocks are nothing, you need physical !!!!

[@seansweeney8394]

Senior and Junior miners are still lagging spot price big time. Stay in the game if you can handle the volatility! Just closing that gap, never mind a new bull run, mining stocks should have a good next couple of years!

[@CR67]

The newspaper used to be an inch think, and now it's a pamphlet, so the inflation per page is even higher.

[@JM-kq4le]

Thank you Peter for the years of foresight. Through all the ups and downs I've managed to keep stacking. The US has turned into a clown show. God help us.

[@anthonymaynard3587]

Are you not entertained

[@JM-kq4le]

@@anthonymaynard3587 More bread, more circuses. It's entertaining but at our own expense

[@robertdoell4321]

GOD is sending us JESUS to Redeem HIS Bride the Church but those left behind nothing will save you. Mocking and Ridiculing GOD at that point will only bring greater Judgement against you for Eternity in HELL Fire. GOD has prophecies everything up to now with a 100% accuracy but you are dismissive of GOD and JESUS.

[@anthonymaynard3587]

@JM-kq4le atleast we have the ability to change things if we truely so desire that change

[@jonathanlusher3454]

Peter is a market genius. No cap

[@toprun95]

Thanks for the years of good advice Peter

[@ak13three]

This is a great piece thanks for taking the time to put this out. It highlights something important. Fiscal responsibility is for fools... "spend and splurge like there's no tomorrow", seems to be the mantra that works. I see it around me with individuals, with companies, with cities, and with our country.

[@joeysocks5718]

Thanks for speaking the truth Peter 👍🏼👍🏼

[@anya8221]

You are correct, I work 100+ hrs (2.5 full time jobs), and my husband works 40 hrs full time. Our household is doing great only because we have 3.5 full time jobs.

[@rameshgill1444]

Peter Schiff is the last off the Financial Mohicans .

[@delmonicofarquhar9893]

My wife and I have only one credit card and we pay off any balance immediately. But after listening to Peter, maybe I'll get another card and buy as much gold and silver as I possibly can. LOL.

[@webcomber]

Fantastic show! Peter's knowing grin is the grin of a man who called out the Bitcoin scam over 10 years ago! BUY GOLD!

[@polarizingbrute]

😅😅😅😅😅😅

[@chuck3671]

And SILVER

[@SendaBerkue]

Thank you Peter Schiff for your valuable information!

[@michaelherrera116]

like the video guys, lets take Peter to the top of tube charts.

[@WA_S_S_AW]

Peter, I was listening earlier this afternoon and something struck me that I don’t see anyone putting into the equation. The United States is no longer considered politically stable. The credit rating on U.S. debt was lowered from AAA to AA+. The United States cultivated one of the world’s best economies because of democracy, not in spite of it. 6% is pretty good on a AAA asset, not so much on AA+. That’s why the 5yr is at 5.99, not enough buyers that could buy. Most of the top wealth funds can’t have anything that isn’t AAA in their holdings.

[@JoeEvermore]

Jesus! Really , some people have a 50,000 $ credit card debt? Don’t they know this is keeping them poor? Hats off to the “wonderful” education system we have.

[@ibrahim-sj2cr]

getting $50k or $100k of stuff and not paying for it doesnt keep people poor

[@ToriZealot]

​@@ibrahim-sj2crthat is not free stuff in the end, it will keep you poor unless you start to earn serious money

[@JoeEvermore]

Yes it does as firstly, they are spending someone else’s money and this makes no sense to me and secondly it shows a dire ignorance of what “money” and wealth is. If they did what knowledgeable people do they would be wealthy even with a fraction of what they spend using other peoples money.

[@ibrahim-sj2cr]

@@JoeEvermore thats the key point they are spending someone elses money

[@scorpionking1062]

Peter is Hilarious!!!🤣🤣🤣 The humor is very much needed in these crazy times!

[@slurpie89]

Living within your means should be the goal of every American.

[@grantbayliss6128]

Absolute national treasure of man

[@jorgealicea2088]

The retail spending comes from a lot of credit card use. It can all collapse at a given point.

[@mikegreer9041]

When we were kids, my friends and I evolved the monopoly short version game. We would deal out the properties and then trade until we all had monopolies. When you landed on someone's motel, you were broke, especially at the beginning of the game, you had to borrow from the bank. The person controlling the bank kept track of everyone's debt. The game was over when the bank had no money left.

[@jordanmoss2290]

Once again, great show peter. Live long and prosper

[@allentarver6286]

No one talks about the feds "kicking the can down the road" anymore....has the road ended??

[@mattwinward9540]

Peter, be careful giving bankruptcy advice. Bankruptcy trustees can in fact take and sell assets owned that are over and above the exceptions. So if you have 9 cars free and clear and 200k in CC debt. The trustee will seize them and sell them to pay back your unsecured creditors at an equal percentage to their claims. But the biggest danger is that giving such anecdotes is actually a violation of the US BK code and you could be sued. Hate to see that happen as I am a big fan!

[@blakeepperson3902]

I’m guessing it takes about $50k/year gross income for a single taxpayer to tread water, depending on housing expenses, income tax rates etc. American entitlement needs to end. I see this as a blessing in disguise. Consumerism has been a spiritual cancer on this country. It’s time people learn to live with less, and be happy. The WEF may actually know what’s best for us. It’s pretty clear that affluence has not improved morals, ethics or values.

[@lawrencethompson127]

Great podcast as usual Peter. Thanks for sharing your knowledge and experience.

[@theinflationsituation8870]

"You can fool some people sometimes but you can't fool all the people all the time. And now you see the light. Stand up for your right." - Bob Marley & The Wailers

[@mariocondello2353]

The American consumer is no better than a dingleberry imo.

[@gordongates791]

Love your shows, Peter. Everything you say is so relevant to today’s economy.

[@diane.moore-]

It is a government inspired crisis this time. The Treasury have to sell Bonds to cover the trade imbalance and the government spending imbalance. In order to sell them they have to raise interest rates and the old long-term, low risk, low interest, AAA investments (including Treasury Bonds), held by the banks (often due to government regulatory policy), become next to worthless. The next milestone should be soon when the government issue a new batch of Bonds.

[@JulietKellyy]

Indeed, you are correct! But on the advantageous aspect, economic downturns offer numerous prospects for ordinary individuals to create wealth from the ground up. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.

[@ThomasChai05]

In the world of finance, recessions are prime opportunities for wealth creation. When my port-folio suffered a significant loss in April of last year, I realized the need to enlist the expertise of a financial consultant. With her guidance, I have not only recovered from my losses but also generated a profit of 250k. The knowledge and skills I have acquired through this experience have been invaluable in my journey towards financial success.

[@Grace.milburn]

@@ThomasChai05 I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them? It Intrigues me to keep learning

[@ThomasChai05]

Having a counselor is essential for portfolio diversification. My advisor is *Mary Onita Wier* she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk, many things like that. She is easily searchable and has extensive knowledge of the financial markets.

[@Madison-Huff]

Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her an email outlining my objectives and I also scheduled a phone call.

[@dustinkirichkow6115]

Been plugging gold and silver with family and friends for nearly 20 years. I remember telling my mom to tell my dad in 2004 to take everything they have and buy gold thanks to you. Probly thought I was nuts. Lol They never did. No one else has taken me up on the insights. But when I was telling them to buy it was at 400$ an ounce. Then again at $1000 an ounce. Everyone is entitled to their own perspective but physical assets make sense to me not the markets or Feds hocus pocus or fads. Anyway I still follow your broadcasts and have been all these years. Americans need truth. I know I do. God only knows the waves the ripples of truth will make or in all the ways. Probly incalculable. Thank you Mr Schiff! 🙏

[@g_dub]

Gotta have them guts is right. Ive already been buying gold and silver. Im gonna start dollar cost averaging. Buy airtle each month. Thanks Pete

[@tvelasquez718]

Peter, in addition to the Real CPI figures you pointed out, I’m noticing the Product volume being shortened as well. So if the prices went up 130%, the volumes have been shortened from 5%-25%. So your 130% can be more like 200% with 25% less product.

[@aprilgentile5438]

Shrinkflation is definitely occurring in all products

[@ibrahim-sj2cr]

the CPI takes shrinkflation into account if i f youtube let me i would post a link from bis dot gov

[@vanly2156]

I am drowning in debts due to medical bills . I had major medical expenses

[@ibrahim-sj2cr]

i feel sorry for americans who have to suffer. the healthcare in the US is shocking. all citizens in every developed nation have free statefunded healthcare so one off health emergencies are shared among all the tax payers

[@derektomlinson6514]

This man could tell you much more, but he does his best. My interpretation, he is a good man who swerves between one outcome and another that should never existed.

[@5FiveGz]

Thanks, Peter! Thumbs up and best hour of info on KZbin…

[@troywilkinson8937]

More people need eyes on this kind of information.

[@venz8201]

We need a new Peter Schiff inflation video! 10th anniversary edition

[@buildorder06]

A brilliant,insightful video as always,Peter; thanks from the UK.

[@mchammer1836]

It costs about 2x as much to eat out now. WTF?

[@jude999]

I took a family of six, four very young kids, out in Hawaii to a sports bar for lunch. Bill was $300. I almost fell over dead .

[@michellet7013]

With restaurants, i think if you are single it seems cheaper to eat out, because the raw materials go bad quickly for a single person and for one meal you might have to buy a lot more than your willing to eat of the same foods.

[@DIVISIONINCISION]

You just need to be creative with your meal prep. Being single will save you a pantload in the long run!

[@KennethRyburn]

It's cheaper to eat steak at a restaurant compared to the store

[@albertwang5531]

Enjoy the show as always

[@timstultz4387]

I’ve been around almost 50 years now and I’ve always noticed that retail numbers reported have always been down. Around Christmas they always report annual sales to the public. Never have I heard retail is up year over year. It’s always a disappointment to retailers that we had a less than expected year. Not once we’re they happy to announce we spent more than last year.

[@Knghdl]

Peter for speaker of the house… that could be extremely interesting.. maybe very entertaining as well 🎉😎👍👍 excellent video

[@mikeappleseed5869]

The Dodd-Frank Act is a disgrace

[@zakklee2556]

Gov. will confiscate all gold in a dollar crisis.

[@jude999]

Good point. And they won't pay you for it. Thanks, FDR.

[@raokumaran6187]

😊

[@blackseabrew]

The only price decreases I've seen are regarding agriculture/shop buildings. Banks loans have decreased substantially and prices have fallen to what I still consider an 'expensive level'. 3 times the cost/square foot vs 2017.

[@Spikefade]

An update on the magazine prices would be interesting.

[@gilbertovanessian6998]

I also see many times people not even checking the prices when they buy something. They buy first and then they check the price on their bill statements.

[@DIVISIONINCISION]

That's foolish. You price compare on everything, especially now.

[@KevinBrown-h9m]

Peter, I gave you a like, but this podcast wasn't Tier 1 like most of them. You're still the man, though.

[@pubabolu]

King of international economics!

[@Ty-lz3iz]

The gold you told me to buy has done nothing to protect my family from the inflation we’re experiencing. Peter is like the Doctor Who diagnoses you correctly but then prescribed the wrong medication.

[@checkinguout]

The rich are greedy, if gold was going to go up as much as they claim they would be hoarding it not selling it. They are making money off the high premiums they are charging now and when you want to sell it back to them. You'll have to hold the gold for 20+ years just to break even.

[@plantmanstudios]

Schiff is rich, buying gold is a hedge against inflation. He is giving rich person advice. Which is why gold does nothing for you.

[@borisbalev3037]

The best news and financial advice! Ever!

[@gilbertbrien2280]

The majority of Americans find it difficult to retire comfortably due to the weakening economy. To answer the question of whether you would pay down your mortgage as you get closer to retirement or spread your assets out for income flow so you can keep your lifestyle, consider the fact that some people have absolutely no money saved for retirement.

[@AmandaKatherineLeff-j9f]

The answer to this issue, like most investing related ones, varies. My best recommendation is to take advice management into consideration.

[@maxwelltroy2375]

The importance of advisors cannot be contested, only disregarded. When my portfolio, which was wortharound $300k at the time of the covid outbreak, took a little hit in the early 2020s, reportedly as a result of the pandemic crash, I immediately sought advice from a financial expertto prevent panic- selling. As of right now, only because I properly delegated my excesses, has my account produced enormous fat dividends and leverages on seven figures.

[@gilbertbrien2280]

That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

[@maxwelltroy2375]

My Financial adviser is Camille Anne Hector she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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

[@rineleff2009]

Wow I know Camille. Her platform maintains a unique perspective and is very transparent with their investors. Regardless of whether or not she outperforms i will always stay invested as her methods alone with keeping investors in touch with their strategies and outlooks are something that so few managers are capable of and they should follow suit

[@raypatterson9671]

Peter, as always articulate, truthful, and eye-opening. I've been listening to you since I first saw you years ago in the excellent documentary "End of the Road". I've quoted your statistics on my own Podcast, and I have put your link(s) on my website. You do so much to teach real and practical financial literacy and education. Thank you.

[@gavinhannah5070]

Awesome podcast! 🔥🏆💯

[@Dan-yw7sy]

Most brilliant guy in finance right here..

[@user1952-e4g]

More spot on commentary from Peter, the master of knowledge and common sense, which is sorely lacking in our politicians, agency heads and wall street "experts". Schiff for Treasury Secretary and next President's Council of Economic Advisors.

[@rrdesam]

If the federal government is going to receive all the interest income from the federal reserve, how does the interest rate hike impact national debt in terms of interest payments, particularly, when the buyer of treasuries is federal reserve?

[@rolfsteiner8525]

Another outstanding analysis thank you so much Peter

[@powerprojection360]

Cash is king

[@gryblk21]

In 2002-2003, I purchased E-series US Savings Bonds. I still have them because I didn’t want to pay the taxes yet. Since they are getting the 5year treasury rate I’m going to keep them awhile longer.

[@edbailey1138]

Great show as always Peter. Can you comment on a thought I’ve had for sometime? Is it possible that the rise of Gold is being moderated because of the hope by the masses that a digital currency will rise to replace the US dollar as the world’s currency?

[@BohemianLifer]

Strangers cooking your food is always risky, and now it is not worth the "ambience".

[@Steve-zp7cb]

Thanks Peter, great videos

[@itsfahys]

I only listen to the shows on a podcast App but I'm going to click Like going forward to boost your views. Learnt so much from these podcasts over the years.

[@WarrenTom]

A great podcast.

[@wayne3720]

Schiff with the facts 💯

[@shoeshinepetey3495]

Stocks including gold fund won't buy food and gasoline in the likely event of a total fiat currency including dollar failure. Only real money 💰 gold, silver and copper will buy whatever just like the ancient stories on clay tablets in the book 📖 The Richest Man in Babylon by George Clason.

[@yoxat1]

We need to get back to the Constitution and coin gold and silver again and use it as currency. There's a good reason that it's in he Constitution. No matter the flaws of the signers of the Constitution, the document itself is divinely inspired. It's pure genius if you follow it.

[@romanrushinsky1843]

Thank you Peter. Another great show.

[@brucehoffman4010]

Right on Peter 😊

[@wowza5758]

newspapers and magazine might legitimately be the worst possible way to determine inflation ever

[@LouisJanYoung]

Peter is the best! Enjoy every show / video.

[@TheHolySC]

Peter, you mention that the Gold chart looks bullish, could you ever show us a chart and tell us HOW it looks bullish?

[@wowza5758]

he’s just trying to offload his gold bags