Will the US Dollar Crash?

  Рет қаралды 116,940

Peter Schiff

Peter Schiff

Күн бұрын

Пікірлер: 633
@Riggsnic_co
@Riggsnic_co Ай бұрын
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
@Jamessmith-12
@Jamessmith-12 Ай бұрын
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
@JacquelinePerrira
@JacquelinePerrira Ай бұрын
in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
@kevinmarten
@kevinmarten Ай бұрын
Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analvsis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k.
@Jamessmith-12
@Jamessmith-12 Ай бұрын
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
@kevinmarten
@kevinmarten Ай бұрын
“Carol Vivian Constable” is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@MaximilianFischer497
@MaximilianFischer497 17 күн бұрын
The financial market is a potent vehicle for building immense wealth. Simply saving money yields modest annual gains, whereas investing can catapult your portfolio by a significant percentage each year. This distinction is vast. Personally, my net worth has soared by $800,000 since Q4 2019, a testament to the power of strategic investing.
@AshleySommerset808
@AshleySommerset808 17 күн бұрын
Recessions are often triggered by external forces, and it seems the United States is facing a looming challenge to its status as the global reserve currency. As its influence wanes, the country's ability to manage inflation and dominate stock and oil markets is dwindling, paving the way for a new era of multilateralism and a shift in the global economic landscape.
@henryallard245
@henryallard245 17 күн бұрын
Through collaboration with a seasoned investment advisor, I successfully diversified my $200k portfolio across various markets, yielding an impressive $980k in net gains from high dividend-yielding stocks. With expert guidance, you too can make informed investment choices and reach your financial aspirations.
@henryallard245
@henryallard245 17 күн бұрын
I personally worked with an investment advisor to diversify my $200k portfolio across multiple markets, resulting in over $980k in net profit from high dividend yielding stocks. With the right guidance, you can also make informed investment decisions and achieve your financial goals.
@henryallard245
@henryallard245 17 күн бұрын
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@EvelynBrooks0
@EvelynBrooks0 17 күн бұрын
Mind if I ask you to recommend this particular coach you using their service?
@alexsteven.m6414
@alexsteven.m6414 Жыл бұрын
Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency. With a decreasing ability to control inflation and a reduction in stocks and oil trading, it seems that a new multilateral world order is on the horizon.
@bernisejedeon5888
@bernisejedeon5888 Жыл бұрын
@davedelva I personally worked with an investment advisor to diversify my $200k portfolio across multiple markets, resulting in over $980k in net profit from high dividend yielding stocks. With the right guidance, you can also make informed investment decisions and achieve your financial goals.
@yolanderiche7476
@yolanderiche7476 Жыл бұрын
@@bernisejedeon5888 I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with?
@bernisejedeon5888
@bernisejedeon5888 Жыл бұрын
@@yolanderiche7476 Credits Julia Ann Finnicum, to one of the best portfolio manager’s out there. She’s well known, you should look her up
@fresnaygermain8180
@fresnaygermain8180 Жыл бұрын
@@bernisejedeon5888 thanks for sharing this, I googled the advisor you mentioned and after going through her resume, I can tell she's a pro. I wrote her and I'm waiting on her reply
@justinpentifallo8726
@justinpentifallo8726 6 ай бұрын
Spam bots
@ChristopherAbelman
@ChristopherAbelman 9 күн бұрын
With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?
@HildaBennet
@HildaBennet 9 күн бұрын
Indeed, you are correct! 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.
@FinnBraylon
@FinnBraylon 9 күн бұрын
The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a portfolio-coach seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to outperform. Netted over $800k in return on investment, since using a coach for about a year.
@FinnBraylon
@FinnBraylon 9 күн бұрын
Biden is not entirely responsible for whatever is going. The economy is cyclical, and things will definitely get better. The first rule of investing is to keep investing, whatever the economy is doing. That is how you make substantial gains.
@bartlyAD
@bartlyAD 9 күн бұрын
That's some incredible gains. How do you find a financial advisor? I've been trying to connect with one for some time now, an I don't want to work with hedge funds.
@FinnBraylon
@FinnBraylon 9 күн бұрын
REBECCA NOBLETT ROBERTS is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
@kieranshaw146
@kieranshaw146 Жыл бұрын
The background makes me feel like I'm on drugs and I'm not even on drugs.
@bauruparis
@bauruparis Жыл бұрын
lsd
@ronaldwilson6295
@ronaldwilson6295 Жыл бұрын
Or as Spock put it: "Too much LDS."
@bicmitchum4715
@bicmitchum4715 Жыл бұрын
THAT was probably the best 10 minutes of Peter Schiff I’ve seen in a long time! Love you, man! You nailed it at the end!
@Nernst96
@Nernst96 Жыл бұрын
The financial sector and derivatives may have a Hindenburg moment if the US Treasury market collapses. Rising market illiquidity in the $14.8 trillion U.S. Treasury market, according to Bank of America, might affect other financial markets.
@mcintyre1
@mcintyre1 Жыл бұрын
@@trane85 Mind if I ask you to recommend this particular coach you using their service?
@trane85
@trane85 Жыл бұрын
credits to Colleen Rose Mccaffery one of the best portfolio manager;s out there. she;s well known, you should look her up.
@mcintyre1
@mcintyre1 Жыл бұрын
@@trane85 Oh found her! Looked up her full name and she was my top search. Thank you for this! Really appreciate.
@pixelboss4980
@pixelboss4980 Жыл бұрын
The thread above is a scam group of fake accounts beware
@IainKilpatrick
@IainKilpatrick Жыл бұрын
The background of this set is insane.
@nxlevelsicc
@nxlevelsicc Жыл бұрын
Should come with a seizure warning. Also that music is shit.
@lovly2cu725
@lovly2cu725 Жыл бұрын
@@nxlevelsicc I DONT HEAR MUSIC
@TenemaesLament
@TenemaesLament Жыл бұрын
I found the commenter watching this on acid
@denniscosban6145
@denniscosban6145 Жыл бұрын
You can't see the subliminal message. It says buy gold. You need gold. You will die a horrible death without gold. Gold is going to make you happy. You will unhappy without gold 😮
@davidelliott2485
@davidelliott2485 Жыл бұрын
I’m about to have a seizure from it 😂
@tari5246
@tari5246 Жыл бұрын
Prior to going off the gold standard, Americans did not benefit from CHEAP foreign goods. They benefited from QUALITY American goods. Americans all had jobs. They had a great lifestyle. One wage earner provided a house, a car, vacations, education. Then the big companies went overseas for cheap labor. The government went off the gold standard so they could overspend. Americans got screwed. No jobs, cheap goods, inflation. I know because I lived thru it.
@mikecollins9789
@mikecollins9789 Ай бұрын
One of the reasons for that was inflation through WWII into the 50s and 60s. The Fed was debasing the currency, the resulting inflation is what led the govt to the breaking point in 1971 when they took us off the gold standard.
@jameswood9772
@jameswood9772 Жыл бұрын
The financial market is one of the most powerful wealth creation tools that we can use to become extremely wealthy. If you save money, your bank account will grow by a certain amount of money each year. If, on the other hand, you invest your money, your portfolio will grow by a certain PERCENTAGE each year. The distinction between these two concepts is enormous. My net worth has grown by $800,000 since the fourth quarter of 2019.
@jamescomb1170
@jamescomb1170 Жыл бұрын
There are numerous misconceptions about investing in the market, which is why so many people fail to capitalize on it. However, given the current CPI figures, it is not advisable to have money sitting around with no or little profit. I have $60,000 to invest, but it's difficult for me to bite the bullet and do it. What happens if I lose everything?
@johnlennon232
@johnlennon232 Жыл бұрын
You need a Financial Advisor, my friend, to avoid being taken advantage of. They offer personalized advice to individuals based on their risk tolerance, putting them among the best of the best.. Some have a terrible reputation, others with a strong track record can be quite good
@chris-pj7rk
@chris-pj7rk Жыл бұрын
I've been wanting to start investing for a few months but haven't had the courage to do so because the market has been down for the majority of this year. Please tell me how I can rely on such abilities.
@joeyjoejoejunior3859
@joeyjoejoejunior3859 Жыл бұрын
SCAM, SCAM, SCAM.
@neverleverland5685
@neverleverland5685 Жыл бұрын
"Everybody's going to have to take a haircut to avoid a crew cut" thats a good one.
@zoeytank2921
@zoeytank2921 Жыл бұрын
Stocks closed mostly higher Thursday after the latest round of economic data eased recession worries and financial shares jumped following the results of the Federal Reserve's annual stress test. It just gets very daunting to me when I’m sitting there looking at charts and trying to determine if i’m right or wrong! It shouldn't come as a surprise that the market is currently so gloomy. My $370K portfolio is now reduced to ruins.We require support immediately if we are to survive in this economy. Similar to the real estate market, the ETF and stock markets continue to be highly volatile.
@graceocean8323
@graceocean8323 Жыл бұрын
That's why I'm creating more income streams that I have complete control over. These will take me places that my day job never could. The earlier you start investing your money and putting it to work, the more time compound interest has to work its magic on your portfolio. This is how I'm going to achieve early retirement and it's possible for everyone. Understand, know the path needed and stay committed to the craft.
@hannahdonald9071
@hannahdonald9071 Жыл бұрын
In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing Financial Consultant.
@mcginnnavraj4201
@mcginnnavraj4201 Жыл бұрын
@@hannahdonald9071 Please have you got a reliable one? I really need one so badly.
@hannahdonald9071
@hannahdonald9071 Жыл бұрын
@@mcginnnavraj4201 Can't divulge much, “Salvatore Fortunato Sofia” is the Consultant that oversees my portfolio. She's a very intelligent person, very thoughtful, cautious, and has outstanding credentials. Quite easy to find her on the web.
@TrainToBeAFreak
@TrainToBeAFreak Жыл бұрын
Why is your portfolio wrecked when the market is almost fully recovered
@leondonald
@leondonald Жыл бұрын
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
@DavidRiggs-dc7jk
@DavidRiggs-dc7jk Жыл бұрын
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
@duane_29
@duane_29 Жыл бұрын
in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
@HarrietBemish
@HarrietBemish Жыл бұрын
Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analvsis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k.
@philipr1759
@philipr1759 Жыл бұрын
@@HarrietBemish Mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 46 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.
@HarrietBemish
@HarrietBemish Жыл бұрын
@@philipr1759 I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with Christine Jane Mclean for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
@TakeBackTheMoralOrder
@TakeBackTheMoralOrder Жыл бұрын
The background is distracting
@divinefem6582
@divinefem6582 Жыл бұрын
This is so people pay attention; it's a hypnosis technique. Their is too fast
@TakeBackTheMoralOrder
@TakeBackTheMoralOrder Жыл бұрын
@@divinefem6582 Definitely too fast. Doesn't match the tempo of the speaker
@harmankardon478
@harmankardon478 Жыл бұрын
Why would they play that idiotic music in the background?
@thereignofthezero225
@thereignofthezero225 Жыл бұрын
Torture chamber
@buildorder06
@buildorder06 Жыл бұрын
Great content brilliantly enunciated by Peter; just a pity someone decided to spoil the presentation with irritating background music and light show!
@ardentenquirer8573
@ardentenquirer8573 Жыл бұрын
This is a Peter PUMP Peter keeps captivating his audience as he passionately shares his knowledge, leaving a trail of enlightenment in his wake. With every word he utters, people eagerly absorb new insights and gain a deeper understanding. His captivating presence and dynamic delivery keep the crowd spellbound, fostering an environment of continuous learning and growth. Peter's remarkable ability to engage and educate has turned him into a beacon of inspiration, illuminating minds and igniting a thirst for knowledge.
@jakesauce9473
@jakesauce9473 Жыл бұрын
If agree or not, I love an alternate to the norm
@ardentenquirer8573
@ardentenquirer8573 Жыл бұрын
@@jakesauce9473 Peter does not present a true alternative to the "norm"; rather, he represents a competing school of thought. He passionately advocates and educates others on the principles of the Austrian school of economics. In contrast, the so-called norm is associated with the Keynesian school of thought, which, unfortunately, has been heavily distorted by political influences to the point of being barely recognizable. Keynes's theory faltered because he failed to grasp the inherent truth that politicians prioritize their own self-interests above all else, including the understanding of business cycles that are rooted in human nature.
@Cutlerypotato
@Cutlerypotato Жыл бұрын
I don't disagree but his trading advice loses you money. I find it hard to beleive he doesn't own any us mega cap tech stocks
@suhwateezea.214
@suhwateezea.214 Жыл бұрын
Thumbs up for Peter!
@johngreydanus2033
@johngreydanus2033 Жыл бұрын
It's a very balanced, unbiased interview, artificial sweeteners are safe, WMD are in Iran, and Anna Nicole married for love!
@hannahdonald9071
@hannahdonald9071 Жыл бұрын
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy. The ETF/Equity market keeps swinging.
@zoeytank2921
@zoeytank2921 Жыл бұрын
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point.
@graceocean8323
@graceocean8323 Жыл бұрын
@@zoeytank2921 I agree, and for that reason I prefer to have a financial consultant make my day-to-day investment decisions. Given that their entire skill set is based on going long and short at the same time as well as employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's nearly impossible to not out-perform. I've been using a financial consultant for over two years and I've already seen positive.
@graceocean8323
@graceocean8323 Жыл бұрын
I've spared myself the hassle that a disorderly market brings. Because of my line of work, I am unable to manage my portfolio, so I simply mimic the trades of SALVATORE FORTUNATO SOFIA, an investment advisor I watched on Bloomberg Business News. These days, the best approach to enter the market is through reading, researching, being patient, and getting advice when necessary. After that, everything went smoothly.
@mcginnnavraj4201
@mcginnnavraj4201 Жыл бұрын
@@graceocean8323 She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.
@peterbarrett5496
@peterbarrett5496 Жыл бұрын
Dude old joe is already on it. If u take it from Walmart they won't chase you out or arest you. Call that the 5 finger stimulus 2023
@SuperBullyone
@SuperBullyone Жыл бұрын
The dollar had been crashing since 1971.
@stewatparkpark2933
@stewatparkpark2933 Жыл бұрын
Peter sat back and let the chair back support him . He looked much more comfortable than the interviewer . This is a sign of somebody who is very confident in their argument .
@overlordisgoogle8431
@overlordisgoogle8431 Жыл бұрын
Love how the legacy media couldn't be bothered by this topic or concern, but items on many minds of Americans.
@pimpompoom93726
@pimpompoom93726 Жыл бұрын
Journalism is dead in America, the legacy media is owned and controlled by Globalist Elites.
@suegibson8914
@suegibson8914 Жыл бұрын
Well said Peter as usual.
@Doyle-Nutbush
@Doyle-Nutbush Жыл бұрын
Peter didn’t mention this default risk has now allowed for unlimited debt for 18 months, no ceiling whatsoever
@squidster3128
@squidster3128 Жыл бұрын
That will be Nightmare on Fed Street, Ep. 2.
@cherubimcherubim9515
@cherubimcherubim9515 Жыл бұрын
It's not debt ceiling it's printing ceiling. US dollars is back by printing machines.
@Doyle-Nutbush
@Doyle-Nutbush Жыл бұрын
@@cherubimcherubim9515 As it stands congress can spend $5(or 10) Trillion, more than enough to cover the recent deficit amount for 18 mos.
@kb8570
@kb8570 Жыл бұрын
The background music needs to be removed from the interview! Also, Peter needs to do an interview with Elon Musk!
@johnkla7866
@johnkla7866 Жыл бұрын
Why talk to Elon the shill?
@lilblackduc7312
@lilblackduc7312 Жыл бұрын
@@johnkla7866 Because as they say out in the country, "Elon Musk is rich as 6-foot up a bull's ass"! 🤔 😳 That's why...
@thatguybill34
@thatguybill34 Жыл бұрын
*I remember June 14 , 2007 when the FED paused at 5.25% and when the recession started in December 2007.*
@rp5339
@rp5339 Жыл бұрын
Thanks for courageously speaking the truth peter so constantly and consistently. The American dream is soon about to turn into nightmare and no one can do anything about it.
@bradleyh1964
@bradleyh1964 Жыл бұрын
The USD will be eroded over time as countries move away from the USD. It won't crash overnight. The USD has seen its best days, only a decline going forward, which is not good for the USA economy.
@pimpompoom93726
@pimpompoom93726 Жыл бұрын
Congress spent America into insolvency, the day of reckoning is not far off.
@toweringoak1107
@toweringoak1107 Жыл бұрын
Tough to concentrate with that disco background.
@GrantDWilliams82
@GrantDWilliams82 Жыл бұрын
Nothing says "Jolly Old London" like tripping on acid in a room full of lasers.
@podnuh
@podnuh Жыл бұрын
Obviously they know what he’s saying is absolutely true. It’s amazing that it’s still working…for now
@jacobfurnish7450
@jacobfurnish7450 Жыл бұрын
That music made it impossible to focus.
@mcmc7746
@mcmc7746 Жыл бұрын
Living Legend
@shahub5
@shahub5 Жыл бұрын
The ending lol. Nice touch Peter!
@brysona466
@brysona466 Жыл бұрын
The Gold Gram is the Standard Unit of Measure .... Measure of Value, Like the Meter
@sandybottom6623
@sandybottom6623 Жыл бұрын
Use a 'virtual gold' system -ve QEd at source, +ve QEd at destination - no reserve currency required.
@NowTrendingNow
@NowTrendingNow Жыл бұрын
I feel grateful that I have been able to be of service to you. Thank you for your positive feedback.
@pumadown1943
@pumadown1943 Жыл бұрын
I like this man, he's smart and know what the hell he is talking about. He should take Jerome Powell's place, we'd be better off!
@sandybottom6623
@sandybottom6623 Жыл бұрын
A suggestion: Reform the taxation system - root and branch. Replace all taxes with a transaction tax automatically collected on all payments (transfers) (like a Visa card fee). Payments to companies and businesses - 1%. Payments to individuals - 10%. The point of tax payment being at the companies and businesses - to and from accounts. No exemptions. Nice and simple and effective. No paperwork required. No taxation returns. You would save a massive amount of money.
@cliff311976
@cliff311976 Жыл бұрын
When?? Bring it fast
@pamholloway-jw3cz
@pamholloway-jw3cz Жыл бұрын
That background and background music is so distracting and Peter did great with that going on
@Olivia-z5c
@Olivia-z5c 9 ай бұрын
The US economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@Dave_East
@Dave_East 9 ай бұрын
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
@JacobPaula
@JacobPaula 9 ай бұрын
Well I recommend you make a diversification plan because it's been harder to build a good stocks-portfolio since COVID. My colleague suggested I hire a brokerage Adviser, and I've actually made over $150K with their help during last market upheaval. They used defensive strategies to protect my portfolio and make profits despite the ups and downs.
@Eric_Dennis
@Eric_Dennis 9 ай бұрын
I find this intriguing. Could you please provide me with the means to get in touch with your Adviser? I am concerned about my dwindling portfolio.
@JacobPaula
@JacobPaula 9 ай бұрын
I'm guided by Stacie Lynn Winson . An experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
@Elizabethwells-q7f
@Elizabethwells-q7f 9 ай бұрын
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
@ragoff
@ragoff Жыл бұрын
Yes.
@simony276
@simony276 Жыл бұрын
Yes
@xx1219
@xx1219 Жыл бұрын
I can’t believe the Martians invited Peter on to their space ship for this interview. His reach is truly expanding!
@calstanke6170
@calstanke6170 Жыл бұрын
What currency is the USD going to crash against @peterschiff ? EUR, CHF, YEN, GBP, CAN, JPY
@yenriver5255
@yenriver5255 Жыл бұрын
The creditors are holding $US for ONLY one reason. And thats is to get a new currency ready ! Imagine destroying a road and have not built a new road to cross....that would be chaos.
@xokelis0015
@xokelis0015 Жыл бұрын
The new currency is already ready. The central banks are stockpiling gold - meaning they've already decided what the new currency is, now they're just ensuring themselves a seat at the table.
@tishela1134
@tishela1134 Жыл бұрын
I hope you feel better soon.
@tobieaina
@tobieaina Жыл бұрын
The question at the end is interesting Peter. Arent you concerned that the same thing that happened with the dollar would happen again if we have many gold backed currency? People will still want to choose the best one as a reserve/to use for trade
@empororhenkel3432
@empororhenkel3432 Жыл бұрын
Peter for President for 20yrs seriously!!!!!
@333BellaLee
@333BellaLee Жыл бұрын
"We need a more honest system"... shit, it's just gonna get more corrupt from here. Soon CBDC Crypto is the new digital fiat currency.
@zackwilloughby9185
@zackwilloughby9185 Жыл бұрын
Is the intent not to replace the dollar with a CBDC. Is that not why the dollar is being crashed?
@ericteng7725
@ericteng7725 Жыл бұрын
Most definitely, YES!!3
@thehood5079
@thehood5079 Жыл бұрын
Run for office!❤
@JOHNRMECH
@JOHNRMECH Жыл бұрын
Still fixable, but I bet they'll keep printing. The other path? Harsh austerity. Stop printing, stop borrowing. Begin paying down the debt. Then currency retirement, by burning it.
@ronbo30
@ronbo30 Жыл бұрын
Eventually. But I think it’s several years away.
@Kioki1-x8p
@Kioki1-x8p Жыл бұрын
Fort Knox in US has a lot of Gold and is a good alternative.
@coltburks5450
@coltburks5450 Жыл бұрын
Does it? It hasn't been audited in decades. Why do you think Nixon took us off the gold standard.
@jeffhamling295
@jeffhamling295 Жыл бұрын
What an annoying video with all the background noise and crazy lights on the walls. Why all the distractions from the content?
@MoneyshotMat2100
@MoneyshotMat2100 Жыл бұрын
And the United States credit rating was just decreased yesterday.
@druhi669
@druhi669 Жыл бұрын
The music makes this video awful
@newworldforward1842
@newworldforward1842 Жыл бұрын
Bitcoin is a gold coin now?
@ghstdata6223
@ghstdata6223 Жыл бұрын
Peter gold n Bitcoin can live together. You know that, right?
@RayH-
@RayH- Жыл бұрын
The music is annoying and distracting
@modelmark
@modelmark Жыл бұрын
Anything sensible will not be done. They drive this train into the wall
@NipponKiwi
@NipponKiwi Жыл бұрын
Digging the background! I wonder if this place doubles as a disco 🪩 at night 🌃?
@chrisgilling543
@chrisgilling543 Жыл бұрын
That background image and music was very distracting
@joem0088
@joem0088 Жыл бұрын
The dollars does not have to crash to be bad. DXY is against the other Western fiats. If all Western fiats go down DXY will remain high at 100+. If the fiat drop against gold and commodities, inflation will be high, and interest rate will follow.
@traycee2404
@traycee2404 Жыл бұрын
For starters: What about cutting politician's pay. Stop paying certain immigrants out of the social security fund.
@richardhead4759
@richardhead4759 Жыл бұрын
I would prefer a commodities based currency to include oil food stuffs and precious metals over toilet paper currency's
@squidster3128
@squidster3128 Жыл бұрын
It'll be gold as it's already a tier-1 asset. It'd be a bit difficult to use Uranium or pork belly as a backing for a reserve currency.
@lilblackduc7312
@lilblackduc7312 Жыл бұрын
@@squidster3128 On a local level, it's going to be real easy for me to use my Homemade Wine/Whisky/Weed for barter, no problem!🇺🇸 😎👍☕
@SSTan-cz7eo
@SSTan-cz7eo Жыл бұрын
Peter meant that the world HAVE to write-off US debt.I would be the first to dumb the bonds
@BubbleMania5678
@BubbleMania5678 Жыл бұрын
Answer: Short term, no. Long term, maybe.
@tommyj6481
@tommyj6481 Жыл бұрын
Recently the tresurer of NSW admitted that the government is the largest employer in Australia. Seems obvious, right? On the good side he also talked about cutting gov spending👍
@zmh8595
@zmh8595 Жыл бұрын
That's a nice suit.
@yahyatsb8709
@yahyatsb8709 Жыл бұрын
Cut the defense spending. That would be the most effective
@bluemoon8498
@bluemoon8498 Жыл бұрын
Hey man the question is not will but when. How about you give us a date schiff.
@dixiederivatives
@dixiederivatives Жыл бұрын
Peter hanging out across the pond! Peter, which Government is more tyrannical, the US's or the UK's in your humble opinion?
@timgibson3754
@timgibson3754 Жыл бұрын
IMH0
@nxlevelsicc
@nxlevelsicc Жыл бұрын
The UK, but only because their is much less space to manage. Also they have already been unmanned. Only slaves aren't allowed to have weapons to defend themselves.
@lovly2cu725
@lovly2cu725 Жыл бұрын
HE WAS THERE LAST WEEK
@ClementRusso2
@ClementRusso2 Жыл бұрын
Three years ago, nobody could have foreseen the current state of the U.S. dollar. The U.S. continues to repeat the same mistakes that have led to the dollar's current situation. As a result, there's no guarantee that the dollar's future will be as bright as it's hoped to be.
@VickyAlvy
@VickyAlvy Жыл бұрын
These are the conditions in which life-changing money is made by those who remain calm, patients, and take controlled risks. Volatility goes both ways, the bigger the red candles, the bigger the green ones.
@antonnohr
@antonnohr Жыл бұрын
I consult a financial coach before investing. During the pandemic, I employed profit-focused strategies and risk minimisation, leveraging their insider knowledge and analysis. Working with Stacey Lee Decker as my coach for over three years, I've generated around $750k in earnings.
@mariuszwiszowaty2979
@mariuszwiszowaty2979 Жыл бұрын
The only thing I could say is that the background music and laser lights are somehow intriguing.
@mikeyg1776
@mikeyg1776 Жыл бұрын
So is the US dollar going to collapse or not? And if it does when does it? And when it does what value will your assets have? How will the assessment be done or converted? So basically the new world order will change the currency to digital with facial recognition and social credit scores to determine what can be borrowed and used as a loan?
@dparadi1
@dparadi1 Жыл бұрын
Bro, why was this interview conducted in a night club?
@josephguerriero3943
@josephguerriero3943 Жыл бұрын
Pete Schiff for President!
@jimmycain8669
@jimmycain8669 Жыл бұрын
Like somebody cares. I been broke through the good times and the bad times but always had a good time.
@ronaldwilson6295
@ronaldwilson6295 Жыл бұрын
"Life is a waste of time. Time is a waste of life. So why not stay wasted all of the time and have the time of your life."
@toriphillips7383
@toriphillips7383 Жыл бұрын
There are so many different opinions to what’s going to happen
@johnboettger864
@johnboettger864 Жыл бұрын
Peter will talk anywhere, on the freeway, on a bus, train, taxi, baseball field, Ukrain bomb shelter, Joe Bidens house, in a Tesla, farm house. He loves the sound of his voice.
@timgibson3754
@timgibson3754 Жыл бұрын
Would you, could you, on a boat? I could not, would not, on a boat. I will not, will not, with a goat. I will not eat them in the rain. I will not eat them on a train. Not in the dark! Not in a tree! Not in a car! You let me be! I do not like them in a box. I do not like them with a fox. I will not eat them in a house. I do not like them with a mouse. I do not like them here or there. I do not like them ANYWHERE! I do not like green eggs and ham! I do not like them, Sam-I-am. You do not like them? So you say. Try them! Try them! And you may. Try them and you may, I say. Sam! If you will let me be, I will try them. You will see. Say! I like green eggs and ham! I do! I like them, Sam-I-am! And I would eat them in a boat. And I would eat them with a goat… And I will eat them in the rain. And in the dark. And on a train. And in a car. And in a tree. They are so good, so good, you see!
@ActualHumanPerson
@ActualHumanPerson Жыл бұрын
I like your pizza reviews better but this is pretty good.
@logbia7k608
@logbia7k608 Жыл бұрын
This show has the worst audio background and background effect I have ever seen, my eyes and ears hurt
@Dowell318
@Dowell318 Жыл бұрын
What about Bitcoin, Peter? Also, notice how Peter talks about gold all the friggin time, but NEVER addresses the question of whether gold is manipulated or not.
@lilblackduc7312
@lilblackduc7312 Жыл бұрын
Crypto$hyte will be tolerated as long as it diverts investors away from Precious Metals. After the dust settles, it will be criminalized. If you can't see that, you're blind.😰 😫
@ESU77
@ESU77 Жыл бұрын
We need a gold standard rather than a continuous of this fiat debt based system. The whole reason there is a National Debt is because the Treasury prints paper money out of thin air. Which has never had any value whatsoever. The only reason paper money has been in circulation for as long as it has been is because of the full fairh of the people in it.
@purpleking159
@purpleking159 26 күн бұрын
Do you think buying physical gold and gold ETF is the same in terms of security?
@michaelblasius7705
@michaelblasius7705 Жыл бұрын
Let’s chill on the weird background music and visuals…
@John-i8u3l
@John-i8u3l Жыл бұрын
Fed gives Banks Par Value on LT Bonds to be invested in ST T-Bills. Problem solved.
@javiera3223
@javiera3223 Жыл бұрын
Love the content, but the background is terrible
@babakgholian3467
@babakgholian3467 10 ай бұрын
Now a day's they don't have to print money it's done with a press of a key !!!!
@MrTruthAndFacts
@MrTruthAndFacts Жыл бұрын
The background sounds are horrible
@AndrewQuiroz24
@AndrewQuiroz24 Жыл бұрын
Who are our creditors?
@stevewill3572
@stevewill3572 Жыл бұрын
This is the way to keep them in check and that is precisely why it will never happen
@truthkeeperfilms
@truthkeeperfilms Жыл бұрын
Eventually. Every fiat has crashed. 100% of fiat currencies have failed
@awakentotruthmichaelsmith4698
@awakentotruthmichaelsmith4698 Жыл бұрын
Not that I think Peter is totally wrong, but after years of following his opinions, as well as listening to the broader “conventional” views, I am starting to believe that neither have it quite right. We have gone through 3 years of extremely high inflation and Gold has done nothing, silver has done nothing. His lack of accuracy won’t make me unload physical metals, but I am probably overweight in Gold stocks that have done poorly, and he is one of the main reasons I own them
@kornpony
@kornpony Жыл бұрын
Am I the only one who sees a high school 80’s picture day back drop? What a simulation
@petejames1326
@petejames1326 Жыл бұрын
people did get many things wrong, he said when the FED rates % rates to 2% markets will crash, well the FED rate is near 5% and yet the DOW is still near record highs, so he got that wrong, he said the US govt will default on its debt if % rates go up more than 2-3%, well he got that wrong, the US is capable of managing its $32 trillion debt even with higher % rates, and the DOW hasent crashed
@waynesmith3919
@waynesmith3919 Жыл бұрын
isthepetroyuan backed by gold????
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