Love to hear Schiff speak - one of the only voices of common sense out there!

@MakMuk

8 жыл бұрын

+Narcissist Free There is no common sense in this speech. It's a hodge podge of half baked classical economics dressed up with some libertarian jargon. The analysis is simplistic and wrong.

@MakMuk

8 жыл бұрын

william smith wishful thinking billy boy

@1444bart

8 жыл бұрын

+Mak Muk could say the same for Keynesian economics. Keep projecting.

@todmills

8 жыл бұрын

+Mak Muk How much are you getting paid to spew such nonsense? Or is your world view that fragile that you just feel compelled to attack the truth?

@williamsmith-wn2bp

8 жыл бұрын

tod mills I don't think he is getting paid he is just a loser troll with no life

Peter Schiff is both enlightening and scary at the same time. The man speaks the truth.

Best economist I have ever heard speak.

@MakMuk

8 жыл бұрын

+michalsavatar7 Schiff is not an economist.

@robert4you

8 жыл бұрын

+Mak Muk He is more of an economist than "real" economists who were brainwashed in fancy schools...

@nevropatholog

8 жыл бұрын

Schiff went to Berkley, which is a fairly fancy school. He learned marketing and has done a good job.

@BarrySlisk

8 жыл бұрын

+Mak Muk That tells you something about economists today :)

@nevropatholog

8 жыл бұрын

Barry, Schiff is a marketer and a good one. He sells gold and invests in stocks that perform poorly.

Go peter! One of the few that really knows whats going on.

Great speech, reminds me if his 06 mortgage broker speech...might be wearing the same suit

@NarcissistFreealmost

8 жыл бұрын

+Austrian Markets lol

@kurt6410

8 жыл бұрын

+Austrian Markets not the same suit. peter has gained a bunch of weight since 2006

@peterschiff

8 жыл бұрын

+Kurt Mason Correct, it's not the same suit. I was wearing a brown suite for the mortgage bankers speech. But that suit still fits, and I still wear it.

@popcorn412

8 жыл бұрын

Peter Schiff haha makes my day

@AustrianMarkets

8 жыл бұрын

+Kurt Mason unecessary body shaming

First heard you on Stefan Molyneaux's show and have been an avid listener since. Thanks for the perspective.

Woohoo another schiff speech! I was basically going through withdrawal since I watched all you other speeches on KZread, including the one at my memorial lecture years ago :) thank you for that

I really dig Peter Schiff!! True American.

Is that Janet Yellen in the audience??? I pray to god she was listening. Shes surrounded by Keynsians 24/7 so she needs to hear this badly.

I have followed what Peter has said for eight years now. He makes economics easier to understand and comprehend. Thanks Peter!

@billjanksy6522

8 жыл бұрын

+Matt Wallace Ha. He is teaching you bullshit economics that not so coincidentally benefits Mr. Peter Schiff -- a gold salesman. That's why it's so simple.

@steverogers9023

8 жыл бұрын

+Bill Janksy when you continuously dog Schiff and praise the FED, YOU MIGHT BE A TROLL........

Living in America is like living in Land of Oz, one day the curtain will be pulled away.

@MakMuk

8 жыл бұрын

+bohemianh Schiff is the one who had the curtain pulled away and he's a fraud.

@robert4you

8 жыл бұрын

+Mak Muk How come he was one of the few who predicted the housing bubble when Bernanke, the entire FED and basically all economists with fancy degrees from the finest schools were not aware of what was going on? How come a "simple" guy like Peter Schiff saw it years in advance and the FED did not? Or are you denying this fact too? Keep on sticking your head in the sand. The truth can be really hard to handle when one refuses to see the reality.

@nevropatholog

8 жыл бұрын

+robert4you What about Krugman and Schiller? They did it earlier than Schiff.

@BarrySlisk

8 жыл бұрын

+rob sol Yeah the idiot wanted to create it: "To fight this recession the Fed needs…soaring household spending to offset moribund business investment. [So] Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble."

@nevropatholog

8 жыл бұрын

www.nytimes.com/2002/08/16/opinion/mind-the-gap.html And once Greenspan created the bubble, there would likely be a crash and a Japanese Style recovery. So what you are saying is that the entire last decade is going according to Krugman's plan.  Krugman even called Greenspan - Greenspansan. Yes, Greenspan would need to create a bubble which would lead to a crash which would lead to a Japanese style recovery. I guess you think that Krugman was wrong? Krugman was analyzing what Greenspan would need to do; Krugman did not say that a bubble followed by a crash followed by a Japanese style slow motion recovery was a good thing.

Hey Peter ran into this guy early muk muk or some shit like that any who told me to give you his love said you're always right and keep up the good work ✌️

Telling the truth. He needs no teleprompter.

peter thank you for being out there spreading truth when almost noone else is. thanks for putting yourself on the line and fighting the concensus. people need to have a chance to know.

Love you Peter Schiff !

I wish I was in that room. What a speech!

Awesome video Peter, I really enjoyed listening to it. I love you guys who tell it as it is with no frills or fancy words.

Peter Schiff, Brings the PAIN, to Jackson Hole, and as of 9 - 29 - 2015, only 22,625 views so far. I had to watch it 3 times. How many others did as well. A real world of HURT right around the corner.

If you want the truth well then you've found the man

@billjanksy6522

8 жыл бұрын

+Diesel Power Except for hyperinflation, of course. That didn't turn out to be the _truth._ And gold to $5,000? That didn't pan out either. And the mass unemployment? Yeah, that kind of didn't happen too. And there was no QE4. Other than that, Schiff is your man!

@firstnamelastname3280

4 жыл бұрын

Bill Janksy nothing you said has disproved schiff. We’re seeing hyperinflation in the stock market, that’s why it’s at 26 or 27k. That inflation will make its way to the grocery store too. 2: gold doesn’t just go from 1200 to 5,000 overnight. Once the end is near (nobody can put a date and time on it), gold will run up. It has tested 1550 already. 3: the unemployment numbers are doctored just like the CPI. unemployment and inflation are higher than reported as you know. 4: QE 4 just happened now. How did peter know it would happen? Well, look at the title of the video.

Amazing! Peter is on Jackson Hole. Great!

End the Fed

You the MAN Peter..

For if, and when, the lies about My Holy Eucharist begin to emerge you must be brave and walk away. Pray for strength, determination and courage to follow me on the final Path to Salvation. Your beloved Jesus

Jackson hole is a really cool area next to Yellowstone park, lots of money there, it would be nice to be there during this speech, I bet a lot of people went to the million dollar bar after that speech

Peter...I bought a year old Chevy Impala LTZ from a car rental company. I read later that a full 80% of the Impalas that same year model went to fleet sales first.

Excellent!

I feel really bad for Irwin. I'm scared for Peter's life honestly.

@aretlev

8 жыл бұрын

+bigtruckseriesreview Let the old man go for God's sake.

@billjanksy6522

8 жыл бұрын

+The Shadow Broker Your father isn't lucky. His son is an idiot who listens to the ravings of a gold salesman.

@billjanksy6522

8 жыл бұрын

The Shadow Broker Ha. I am banking on no collapse, brother. If there is, I'm just gonna steal your shit in the Libertarian Utopia. Dog eat dog, man. No oppressive government to stop me.

@manofmartin

8 жыл бұрын

+Bill Janksy careful. in the "libertarian utopia" everyone us armed. lol.

@billjanksy6522

8 жыл бұрын

David Martin Yeah, but I'll have bigger guns.

Peter's prediction is in process of coming true

End the FED forever!.

Awesome man.

loved it, great!

good job peter!

Janet Yellen in her comments after the Fed meeting and at UMass was wringing her hands like she's scared to death about downward pressure on inflation like we're all going to die without 2 percent inflation. What in holy crap is so wonderful about 2 percent inflation and why does she refer to low oil prices as a "headwind" against inflation, as though low oil prices are a bad thing. Listening to this woman or any Keynesian makes my freaking head hurt. It's somehow good when my cost of living goes up and bad if it goes down. It's like 2 percent inflation is the holy grail or something.

@nevropatholog

8 жыл бұрын

it is easier to make contracts when you are sure of the inflation rate; so it is not good when inflation is unexpectedly too high or too low.

@BarrySlisk

8 жыл бұрын

+rob sol And you cannot do that at 0%?

@nevropatholog

8 жыл бұрын

If the Fed is saying 2%, then they need to give 2%. If they say 3%, then they need to deliver 3%. If they say 0%, then they need to deliver 0%. The problem with 0% is that the Fed then cannot use simple monetary tools, to deal with mild recessions.

@BarrySlisk

8 жыл бұрын

rob sol Why would they need to? Mild recessions sort themselves out.

@nevropatholog

8 жыл бұрын

You can speed up the process by cutting interest rates. They sort themselves out but they force a whole lot of people out of jobs and that can be hard on families. Have you ever been out of work?

why does the Reserve Bank of Australia still have rates at 2% ? how long until ZIRP comes to Australia?

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Jefferson

Janet Yellen almost puked at MIT speech lol

@dennisdowning3851

8 жыл бұрын

+lisajason111 She can't stomach the lies anymore, She knows she is misleading the People and one day will be accountable!

@TheHassan1961

8 жыл бұрын

lol

@TheHassan1961

8 жыл бұрын

+Dennis Downing unfortunately there is no accountability in government. they just throw more money at the problem.

@lisajason111

8 жыл бұрын

Yeh, there is no accoutablity, remember DoD has trillions unaccountable money missing before 911? SAD

Very erry to listen to this now Peter.. your prwdictions eventually come true

A nice summary of where we are today.

@MakMuk

8 жыл бұрын

+alphaknave really? hahahaa........how is a .25% rate hike going to tank the economy?

@BarrySlisk

8 жыл бұрын

+Mak Muk Tell that to Janet Yellen.

@MakMuk

8 жыл бұрын

BarrySlisk Yellen said yesterday that the Fed will raise rates by the end of the year.

@MakMuk

8 жыл бұрын

LivingTrancefully The money supply is only one factor in determining inflation. MV = PQ. Regardless, you're contradicting yourself when you say you can't look up M3 while claiming you know the growth in M3. Stop making a fool of yourself.

peter i was wondering if u could talk about the economy a few years down the road.what do u think is going to happen when fed in fact raises rate thnx keep up the work.

Whadda you guys think the UBS scandal will mean for the price of gold & silver, short term, once everything comes to light?

Brutal suit. Holy fuck

Yeah Peter, but why can't you talk about "paper precious metals" manipulation with same audacity as about the audacity on this topic? Because they won't ever invite you on CNBC if you do that?

Schiff knows his Schitt. Sometimes you just have to think.

Also the elderly has to pay those illegal property taxes for the paid for home they live in!

I'm one of those "retirees". Two of the low paying, part-time jobs are mine!

legend

right, hands flying like guillotines

Each incarnation of gold standard gets corrupted by same people who corrupt fiat standard. Rinse and repeat. Honest custodian of PM trading #NoOne

@AKlover

8 жыл бұрын

+Meio Jo The answer is competing currencies. The Romans put copper in the gold and IIRC tin in the silver, diluting the purity. Kind of like Fiat currency. Hard to do when there are 6 issuers of of "Backed" currency in your area.

@MeioJoGamer

8 жыл бұрын

Hence corrupted gold standard... :P

@mvd4436

8 жыл бұрын

+Meio Jo There will be no gold standard. Read here:fofoa.blogspot.ca/2011/07/euro-gold.html

They could have even raise rates to any significant amount before the entire show started to collapse, now they have are back to 0% and looking at negative interest rates.

The end of the road is so visible but the world is in denial and don't want to look,why because they see the ABYSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSabyss

Im truck driver and I see how is the economy going by looking by the amount of freights on the roads ..I will tell you there is not enough of trucks,and drivers to move all freights..The economy is so hot that I have not seen economy in this conditions EVER..Higways are packed full of trucks full of freights, You wrong Peter, I have to admit it.. you wrong..

@smokyofstormwind6320

8 жыл бұрын

+wawaldi you are wrong, go and look at the Baltic Dry Index, anecdotal claims are not evidence, the numbers don't lie, and the free markets always win

@wawaldi

8 жыл бұрын

Dont have to ,I see economy first heand...

@fromthelandofozz

8 жыл бұрын

+wawaldi if china was ever too let its currency rise against the us dollar, half those trucks would be empty

@nevropatholog

8 жыл бұрын

Baltic Dry Index does not show anything about the internal state of the US economy.

@nevropatholog

8 жыл бұрын

if the Yuan went up in price, we would be importing less and making more here. That would be good for the US currently when we still have factors that are not being fully utilized.

we're in a roach motel lol, no good.

Rand Paul/Peter Schiff 2016!!!!

Mellowman1001 - most of the speech is about the post 2008 crash. Obviously the cause of the crash is the same in his previous speech. It is what it is. He also speaks a lot about Janet Yellen, who was not even the Chairman in 2006. What are you taking about. Perhaps you should listen to him more closely.

Once again and as usual... Peter Schiff dishes out the cold hard and painful facts... only morons and prideful yahoo's refuse to listen to him, Kudos as always Peter Schiff You're the man.

@MakMuk

8 жыл бұрын

+PirateX76 He dishes out cherry picked data and bad economics.

@lightningroadpictures3763

8 жыл бұрын

+Mak Muk Bull shit

@MakMuk

8 жыл бұрын

Sensible Prepper Even Schiff's friends say he is full of shit and his economics are bad. Read this: *The Absurd Idea That the Fed is Not Going to Raise Rates* www.economicpolicyjournal.com/2015/09/the-absurd-idea-that-fed-is-not-going.html

@BarrySlisk

8 жыл бұрын

+Mak Muk Peter says that they will be forced to eventually but not do it because they want to. He said that I think in one of his latest 3 podcasts.

@MakMuk

8 жыл бұрын

BarrySlisk Schiff is confused. The Fed will raise rates because the banks want a rate hike to increase the net interest margin. Net interest margin is at a historic low. That's banks profits. research.stlouisfed.org/fred2/series/USNIM Schiff does not understand monetary policy which is why he is always predicting hyperinflation and a dollar collapse. Neither are possible. It's like predicting a volcano in Iowa. Here is a nice taken down of Schiff by a libertarian who subscribes to the idiotic Austrian school: www.economicpolicyjournal.com/2015/09/the-absurd-idea-that-fed-is-not-going.html

Peter - I'm on your side, you are right. However, to me your explanation is not resonating so well. How about adding in how the success of all this monetary stimulus is dependent on it being temporary. Everyone knows (or at least used to know) that monetary stimulus cannot be permanent - that it is a gamble to "jump start" the economy. You can't keep running the engine forever with the jumper cables still hooked up. Trouble is - we've gotten away with this keynsian jump starting a couple times in the past and now it is widely believed. Well, how long can you "temporarily" leave the jumper cables hooked up before you decide the engine has got a real problem? How long can you crank the dead engine before the "reserve" battery is dead? How long after you've entered the roach motel before your realize that there is no exit? If you gamble on a temporary jump start and it doesn't work and you use up your reserves, now you are really in trouble with a dead engine and a dead battery - with a dead economy and dead credit. Yellen and the FED are like the common dumbass driver, broke down in traffic just cranking and cranking on their starter until the battery gives out.

you live by QE you die by QE! well said peter!

@billjanksy6522

8 жыл бұрын

+osvaldo del real QE ended a year ago. Jobs created since then: Nov 2014: 423,000 Dec 2014: 329,000 Jan 2014: 201,000 Feb 2015: 266,000 Mar 2015: 119,000 Apr 2015: 187,000 May 2015: 260,000 Jun 2015: 245,000 Jul 2015: 245,000 Aug 2015: 173,000 That is about 2.5 million jobs created _after_ QE ended. We didn't die by QE.

@ozziedelreal3260

8 жыл бұрын

+Bill Janksy QE has been paused but not discontinued. as Peter explained we cannot go completely off the drug QE. we couldn't even raise 25 bases points etc...what i should've explained in detail is that when QE continues and continues we will eventually die by QE?

@billjanksy6522

8 жыл бұрын

osvaldo del real How did those jobs develop if we can't live without QE?

@ozziedelreal3260

8 жыл бұрын

+Bill Janksy those jobs created as Peter explained, were part-time jobs minimum wage jobs, even uf those numbers were true you have millions and millions of people who have left the workforce and are on government assistance where those 2.5 supposed jobs created is miniscule but are also helping support those along with the rest if us in the working force with actual medium and high paying jobs paying for the those who are under assistance not to mention thay those that are working those 2.5 jobs created are minimum and part tine jobs where they are probably also on government assistance that I/we are also supporting

@billjanksy6522

8 жыл бұрын

osvaldo del real No, part time workers have fallen from 20% of the workforce in 2010 to about 18% today.

HD isnt what it used 2 bee

Omg i just figured out the damn dollar is in a bubble

@brandonholt-smith8294

8 жыл бұрын

+Donnie Logwood welcome to the club

Peter Schiff's New Year's Resolution And His 2015 Investment Strategy By Daniela Cambone and Sarah Benali of Kitco News Friday December 12, 2014 3:20 PM How would you invest $100, 000 in 2015? Stressing that everyone needs to do due diligence and invest based on their current situation, Peter Schiff says he plans to invest most of it in international stocks, gold and mining stocks. “Right now, I think gold stocks are so cheap that you can put a higher percentage than you normally would allocated to that sector,” Schiff told Kitco News. He added, that it does not mean mining stocks are at a bottom but investors need to be able to ride it out. “I believe that the rewards will be phenomenal for people who can stomach the volatility. But make sure that you’re willing to risk losing money. And if you are willing to take the risk, I think that the risk will be rewarded as long as you’re patient.” What to absolutely avoid? “I don’t think money should be in dollars, I don’t think it should be in treasuries.” Schiff says. He adds that the U.S. stock market is overvalued. “I think a lot of inflation is coming and I think the dollar is going to lose a lot of value … [Y]ou need to look at international equities and you need to look at precious metals.” LMFAO****************************

@albertchuang8968

8 жыл бұрын

+Mak MukFan guess none of his cult followers even dare respond to this haha LMFAO

I think that Mak Muk will be proven wrong, and Peter Schiff will be proven right once again.

@karlmarxthebolshevikrabbi2536

8 жыл бұрын

+olli tuovinen Once again? When was Schiff right last time? Did hyperinflation occur? Did the price of oil go to 200$ a barrel? Did gold go to 5000$ an ounce? Did China dump the dollar?? People who follow Peter Schiff really sound like a cult...

If you don't believe anything he says you have to admit one thing. IF our economy can NOT stand a quarter of a percent we have NO, let me be clear here NO WAY IN HELL do we have a recovery!!!!!!!! Nor will we, NO ONE, nor can any nation EVER pay this much money back.

@dennisdowning3851

8 жыл бұрын

+knickell50 It's not a recovery but a Cover-up!

@billjanksy6522

8 жыл бұрын

+knickell50 The economy _can_ weather a quarter point. The point is why do it when inflation is below target? When the Fed raises the rate in December, will you drop this silliness? Hell no. You'll say .25 doesn't matter, it's the same thing as zero, blah, blah, blah, and it'll be a different argument for thinking the exact same thing.

@knickell50

8 жыл бұрын

+Bill Janksy The point is we are robbing peter to pay paul. There are some of that were frugal and saved our entire lives looking forward to a fair return. Instead they use our money for free and prop up the market for the rich and for the greedy. This is pure bullshit and if you don't see that I am sorry. Yes .25 doesn't make much different but it is a start and better than zero. IF an investment cant make money to pay interest those investments should NOT be made and making the too big to fail banks bigger is asinine. Unless you are a rich banker of course. No silliness involved in paying a fair price for your money. You don't like people getting FREE food. No one sells us cars for free or takes care of our health needs for free. You are beyond silly you are foolish and selfish if you want those of us that worked hard and saved and sacrificed to keep on so you can have a fun time screwing around in the fkng markets.

@billjanksy6522

8 жыл бұрын

knickell50 Oh, please. Spare me the lecture. You want the Fed to raise rates so the economy falls apart and your gold goes up. If you are trying to live off savings account interest, you're a nitwit.

@knickell50

8 жыл бұрын

+Bill Janksy Certainly you may call me whatever names you want, immature people got us to where we are today. Buy why do you think you should get free money to get rich and I have to furnish it? Please bring me a bag of groceries for free. What kind of a spoiled brat you must be to expect free money! I borrowed and paid interest my entire life in order to keep my business going. When you have expenses it teaches you to make your business successful. I could NEVER imagine getting free money when I was young. What makes you so special to get free money? When you grow up maybe you will understand better. I do not want the Fed to rasie rates for the economy to fall apart. IT already has fallen apart it is only held together with free money on the back of frugal, hard working, honest people. NO honest people in the banks or politics. Since the beginning of time economies cycle up and down, good and bad, that's the way it goes. Why is this generation so special they have to be propped up forever? By the way that is not going to happen. EVENTUALLY its coming down and the longer we wait the farther it will fall. I will chuckle when it finally happens but it will not help of course. By the way I actually do not have any gold. You don't have to have gold to read and listen and study and learn and remain aware of what is going on in the world.

US GDP 2022: $20T Government Spending %: 40% $8T The rest of US GDP 2022: $12T US GDP 2008: $15T Government Spending %: 20% $3T The rest of the US GDP 2008: $12T It's all nonsense. 40% of our GDP is being allocated by government force.

Capitulation time

240p FTW.

guy behind the camera is brutal...at least focus on the hot chicks

God Help Us. Same Old Story, Same Old Song, Same Old Theories. Who would pay to see this Guy? Just go to his Web Site.Pee-Wee, why did you miss the 7-Year Bull Market in Stocks but now push you still push the Turd knows as Gold? Why, Hmmmm, because you sell it?Also, seems like there is plenty to buy even in Brick Form. Plenty? I thought the Mines weren't operating, Can You address this? No? Oh-Ok? AMPEX now has Valcambi in Brick Format, hardly had any over the last several years, but now they have plenty.Another question: Are the Mines operating at a Loss like the Oil Bandits and why? Also, disclose that the Game is Rigged and Gold is being bought down.Your messed up and are bad as the Wall Street Bozo's on Fox/CNN/MSNBC/Etc. that don't want an Interest Rate increase to spoil their "Greedy On-Going Party Of Lies" and answer to their Clients. Well Answer Us?Schiff Gold's New Motto: "Gold, Goes Up Real Slow, Goes Down Real Fast"

@steverogers9023

8 жыл бұрын

you should do a little more research about what you claim, the truth of the matter is if you don't have gold in your hands you have NOTHING. The GOLD market is leveraged out to the tune of 220+ ounces for every single ounce known to exist.

@billsmit9141

8 жыл бұрын

Really, your right, I am working out right now on a Treadmill with Gold Bars in my hands. Your post makes no sense (Research?) go to Ampex and see they have plenty to sell and so does Schiff.

lol, the only hope for the average jack or jill has is to join the great canadian spacecraft club. and get yourself off the grid, weather you got cash or not the guys and gals at the great canadian spacecraft club can get you off the grid and save you CASH, the great canadian spacecraft club, we can get you off the planet too.

I red his biography, i think Peter is a jew. A jew guy talking about finance, hardly can be wrong. At least he is on our side not like those who in fed. jedi and bacon

Does he ever speak of anything else other than supposed raising of interest rates? I like his podcasts but am tired of the same old thing.