Mashinsky claimed that $3 trillion migrated from fiat to the crypto world. That's not true. The actual amount that migrated was a small fraction of that total. Most of the $3 trillion came from paper appreciation. But using his own standard since this debate $2 trillion has migrated out of crypto back to fiat.

@brandonstennett6130

2 жыл бұрын

Well done Peter, keep up the good work against all these ponzi schemes.

@gh-dw3tg

2 жыл бұрын

You tell em Peter! Looks like you are ready to Rumble there! great Job!

@kapliger

2 жыл бұрын

Thank you, Peter. Thank you.

@bilyonarelifestile2226

2 жыл бұрын

I wonder how often and for how much money Peter has been approached to shill for bitcoin. Amazing strength to always stay true to his values, no pun intended.

@islandbee

2 жыл бұрын

Soon to be $10 trillion USD market cap for cryptos.

Thanks Peter for not putting up with their BS. More people need to do this

@halledwardb

2 жыл бұрын

She is a useless pice of T&A.

@ernestburelle2035

2 жыл бұрын

pm is more bullshit

@vampireslayer1989

2 жыл бұрын

The IRONIC thing is that Bitcoin uses a Gold Coin for its logo.

@demeaddisu3686

2 жыл бұрын

Biggest scam ever , an electronic token .

@descendantofgiants1678

2 жыл бұрын

It's funny how in hindsight, Peter Schiff always seems to be right. 😂

"You're not going to see Bitcoin below $55,000 no matter what" - Celsius Ponzi Man

@patrickkerner1471

2 жыл бұрын

Crypto a fools game!

@gavinng3898

2 жыл бұрын

Lol and we are under 20k now.

@realvipul

2 жыл бұрын

Correct. Mr Mashinsky will pay the difference below 55k. 🤔🤔😉😉

@chriss6092

2 жыл бұрын

Used car salesman

@Ziegfried82

2 жыл бұрын

BTC won't even be used 10 years from now.

He got arrested. Complete and utter Schiff victory

This aged like gold

Never seen Peter quite so agitated as in this debate, but for good reason, he is trying to save people from financial ruin.

@gh-dw3tg

2 жыл бұрын

He is already in the top 1% ...no need to lie. He actually cares about people on this Ponzi scheme.

@GreenfieldPortfolioResearch

2 жыл бұрын

you nailed it. couldn't say it any better.

@mikeoz4803

2 жыл бұрын

he's depressed because people by crypto & not his ancient gold

@JoHn-if6wy

2 жыл бұрын

@@mikeoz4803 peter is already rich dummy. He doesnt get bought into ponzi schemes on the other hand.

@blacklightfreakout825

2 жыл бұрын

He probably mad that his son list money in Bitcoin. He said that his son put all his money in it.

Peter RIPPED into her, wow. 😂 Rightfully so. This was a malinvestment pyramid scheme from the jump.

@chrisdennis2571

2 жыл бұрын

Michelle's a good bird but did walk straight into that and handled it well. Peter went too far calling her a shill.

@94nolo

2 жыл бұрын

@Add g He reached a new level of righteous anger in this one. He knew this had to be a Ponzi* scheme.

@jadenkutz

2 жыл бұрын

Damn ya I watched this whole video last week and didn’t remember that. He was brutal. I actually think she’s usually a pretty good interviewer. Peter is not afraid to call out the BS, someone has to do it

@blakealtonen9858

2 жыл бұрын

Yea that's the first time I've seen him argue with moderator.

@drip369

2 жыл бұрын

While she is usually polite and professional, she was definitely behaving like a teenager talking back so he definitely had to control the situation

It’s scary how accurate Peter’s described what was going to happen and it’s currently happening exactly as he said.

@biosgl

Жыл бұрын

true. I lost a bunch on celsius

@Xhoven

Жыл бұрын

And all the cult followers with their heads up their asses claimed he was spreading "FUD".

@um8440

Жыл бұрын

@@biosgl IM not even in celsius and i lost more than u since the market dip.

@biosgl

Жыл бұрын

@@um8440 how do you know how much I lost? Also the dip is not losing your coins.

@um8440

Жыл бұрын

@@biosgl I know.

I've never seen Peter this fired up. Well done sir!

@sunpark9195

Жыл бұрын

i liike kitco but peter got urass bitch

@ct00001

Жыл бұрын

Agreed

@helterskelter156

Жыл бұрын

Peter’s BS meter went through the roof with this guy. He knew that Alex is lying through his teeth, and he wasn’t afraid to show it!

I have huge respect for Peter calling them out every time. He is a warrior.

@tallswede80

2 жыл бұрын

yeah he even went after the host and kitco for having bitcoin advertisers. Scheef is wolverine.

We love you Peter Called this Scam artist out and PETER WAS 100% Correct

@rollingthunder6406

2 жыл бұрын

Peter correct once again.

@emcats84

2 жыл бұрын

BTC won't go to zero. Alt coins and platforms are the scams.

@mikeoz4803

2 жыл бұрын

Poor P Schiff. 11 yrs & 45% gold return. Bitcoin same time made 12000% return LOL

@dado-7775

2 жыл бұрын

@@mikeoz4803 BTC Lost 60% of value in couple of days. great asset for suckers ;)

@SmithsnMoz

2 жыл бұрын

PETER CALLED IT...and Dopes Still in Denial...😆

Mashinsky should be prosecuted. How do these guys get away with this scam.

@Mr.HotRod

Жыл бұрын

Because he's one of the few at the top of their ponzi scheme. They have taken relatively small amount of their money and screwed their so called customers so even if they end up with only 1 billion dollars they are set for life after trying to legally show how the rest just disappeared. You see with walking away with 1 billion dollars they can hire high end lawyers, clog up the legal system and not do any time. My 2 cents. Probably what most crypto customers are going to end up with.

@EroticOnion23

Жыл бұрын

It's in the fine-print, the depositor assumes all the risk...😂

@johnsmith-dx2ql

Жыл бұрын

How do these guys get away with this scam. google his early life

@ennuied

Жыл бұрын

Same way casinos do, it’s a gamble. But let’s no devaluate crypto in general, sure there are scams big scams.

@mcdoogle_robotman

Жыл бұрын

Just look him up and find out

Imagine Peter getting laughed at and mocked only to be right less than a month later. Massive props to his conviction.

@Nagol5000

Жыл бұрын

I feel like I've seen it before 🤔

@johnh5896

Жыл бұрын

I know how it must of made Peter feel when they belittle you ,but on national news ouch ,I wish Peter had stood up and said fuck you guys. When my family was working on windows development for Dell they told me it would become the new operating system I was laughed at at work for telling and people said DOS was going to stay .what the hell do you know. I suppose it’s a human psychology thing people don’t like it if you are smarter than them .

@colin6673

Жыл бұрын

Bitcoin hasn't gone to 0 🤔

I knew when I first saw this interview on Kitco i'd be reviewing it at a later point...and here we are.

@ernestochaparro8751

2 жыл бұрын

True true

The arrogance of the bitcoin crowd makes this crash that much more satisfying.

@nathanwilliams7901

2 жыл бұрын

Bitcoin crowd? You dislike people based on their investing in new monetary technology? That's weird.

@emcats84

2 жыл бұрын

I am pro BTC and made gains from it's two all-time highs recently. Anyone with a brain knew it was going to drop and test the all-time high from 2018 ($18,000).

@RMTP5

2 жыл бұрын

@@nathanwilliams7901 He's referring to the many, many people who don't just "invest" in Bitcoin - they spend an inordinate amount of time online haranguing people who are skeptical and don't want to partake and/or who ask critical questions about it, treating them like they're morons and telling them that they are going to be "poor" if they don't buy Bitcoin. If you don't know these people exist in droves, you must not spend much time studying this the "space" surrounding this "new monetary technology" at all.

@EroticOnion23

2 жыл бұрын

Delicious delicious schadenfreude 😆

@halledwardb

2 жыл бұрын

I love bitcoin. Keeps the price of real assets low!

Damn, Peter is ripping them up, in hindsight he’s a hero amidst all this Bitcoin shilling

Mashinsky is now a proven conman. RIP those who lost everything on Celsius.

@JC-XL

Жыл бұрын

He's an Ukrainian-Israeli - this means check your wallet and stay away!

Peter is a A class example of being a principled man. Take note

@skyhappy

2 жыл бұрын

How so

@EliteBeast

2 жыл бұрын

@@skyhappy Confidently believes in himself and his logic, not to the point of delusion. Also he has a strong set of ethics, doesn’t shill things he doesn’t believe in. Remains rooted no matter how many naysayers, opportunistic gain arises or unpopular his expression of thought is. A principled man, is very rare. His father was the same. That’s the biggest reason I like to follow Peter.

@skyhappy

2 жыл бұрын

@@EliteBeast How long have you been watching his stuff

@EliteBeast

2 жыл бұрын

@@skyhappy at least 5 years.

@michaelherrera116

2 жыл бұрын

@@EliteBeast Peter is a straight shooter, using logic and reason to make it.

I just Love Peter Schiff so much! He always lands to the points straight forward!

@trumpistoast

2 жыл бұрын

Peter the boss 🙏🏻😎

@iceman20211

2 жыл бұрын

I dont always agree with Peter, but Im certain he almost always talks straight. He's a rare honest person. Tons of respect.

@patienceobongo

2 жыл бұрын

The other nobody is rambling and waffling.

@dudend22

2 жыл бұрын

peter is fun too watch kick ass!!!

People like this guy are the reason why the world is getting worse and worse.... thank you peter for all your effords.

@Peter Schiff, brilliant - just as you predicted in your debate with Mashinsky who was charged with Fraud today. From Reuters, Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, the U.S. attorney in Manhattan said Thursday morning.

Love how Schiff calls them BOTH out. Way to go Peter! I don't always agree with you but I do here 100%

@rsdouglass4

2 жыл бұрын

What’s to disagree with?

@ChicagoMike85

2 жыл бұрын

Yeah… what do you NOT agree with? I’m curious because the guy speaks common sense on most issues.. just wondering

@shaneoakes3201

2 жыл бұрын

On gold

@gotime1124

2 жыл бұрын

@@shaneoakes3201 He only holds like 10% of his portfolio in gold He always says this and he is more into mining stocks

@shaneoakes3201

2 жыл бұрын

Yea I don't disagree with that but I listen to his podcasts and he thinks money should be back by gold and I disagree

Whether you agree or disagree with Peter, you have to admire his stick-to-itiveness and logic, and his ability to clearly communicate his position.

@user-mr3sx5yz6t

2 жыл бұрын

Whats there to disagree with?

@jamesdooley6699

2 жыл бұрын

This was posted AFTER that guys scam exploded… You can’t disagree with Peter here lol

@toddbraddock236

2 жыл бұрын

Peter is the only person in the media speaking the truth!!! Ha-ha Peter just quoted Bernie Madoff....now that was solid F-ing GOLD!!!!

@DIYDaveT

2 жыл бұрын

@@user-mr3sx5yz6t Easy to say when bitcoin is now at 20k but who in their right might ever thought it would bubble to 60k?

@MaxPowersCFB

2 жыл бұрын

@@DIYDaveT this was 6 months ago. The fomo was exactly the same from 2004 to 2007 in the housing market. All the signs were there that it was a bubble. You just had to take off the rose coloured glasses.

I could watch this 100 times. Peter wanted to come through the screen and he was 100% right.

Thank you Peter for standing up to these crooks, we appreciate you very much.

@scott7521

Жыл бұрын

It takes a crook to know a crook. I was at EuroPac for ten years. This dishonest POS and his brokers are bad people but believe what you want. I was once like you.

And now Celsius is in trouble for these wonderful “dividends” and the 1.5 million customers are locked out of their accounts and could lose all their money. Good job Alex.

@gh-dw3tg

2 жыл бұрын

ouch

@someguyontheinternet7628

2 жыл бұрын

That was the whole point. However, anyone buying bitcoin really deserves the losses. They have no business having wealth.

@AsterothPrime

2 жыл бұрын

who would have guessed, eh? and who knew that gold actually was worth something? You learn something new everyday...

@scottdorsey8220

2 жыл бұрын

Yep!

@victorl225

2 жыл бұрын

@@someguyontheinternet7628 this is true, you got Michael Saylor telling people to mortgage their houses and take out loans on their family business to buy bitcoin. That moron is going to lose everything to lawsuits.

Gotta love the irony of Peter calling out the moderator for shilling BTC, only for their crypto sponsor ad to pop up while Peter is destroying Bitcoin 😂🤣

@gh-dw3tg

2 жыл бұрын

no mercy....priceless🤣

@alexmendoza9270

2 жыл бұрын

Hasn’t he shilled metals?

@Ziegfried82

2 жыл бұрын

@@alexmendoza9270 of course! He shills some stuff I find questionable too such as mining stocks which are very high risk and speculative. But he also pushes investment in foreign markets, oil stocks, gold and silver. All four of those are solid picks imo. The mining stocks are something he seems to believe will skyrocket eventually when gold skyrockets in value. I disagree, because the cost of oil (fuel) is skyrocketing so mining will still not be very efficient. If somehow someway fuel prices plummet during the demise of fiat then yes mining stocks might go to the moon.

@alexmendoza9270

2 жыл бұрын

@@Ziegfried82 “They call me chicken little.” kzread.info/dash/bejne/iIl2qKWah8y3Yps.html

@alexmendoza9270

2 жыл бұрын

@@Ziegfried82 kzread.info/dash/bejne/q4KLsrGgcsmrcaQ.html. He calls it right every 10 years but it takes 12 years to happen.

Peter is right once again, keep up the good work Peter, Bitcoin is at 20k now

@Scottshafer-1

Жыл бұрын

Thanks for watching ☝️☝️ For mentorship and guidance Message me direct ☝️☝️

@pomp4401

Жыл бұрын

It’ll be in 200k by 2025

I watched this when it came out. Mashinsky's just been arrested. Good job people like Peter are out there pointing out this non-sense.

This was an awesome debate to watch and Peter Schiff was justified to call Michelle Makori out for interrupting Peter more than she did Alex Mashinsky. Brill work, Peter👌🏻 Alex Mashinsky was impolite and smug during this debate, well look at Celsius now🤣😂😄

@karenthomson9749

2 жыл бұрын

Yeah Michelle was patronising there a one point... kitco are clueless. David is even worse.

@danieldanielson2650

2 жыл бұрын

Alex M doesn't even make good valid points for bitcoin. And I'm not a fan or invested in BTC.

@AsterothPrime

2 жыл бұрын

gold has no value. it just makes expensive jewelry and high fidelity electronics... lolz...

@gh-dw3tg

2 жыл бұрын

100% correct

@EroticOnion23

2 жыл бұрын

@@AsterothPrime you wouldn't have been able to make this worthless comment without gold 😂

The minute he said gold has no value, he exposed himself as a fraud.

@bradleyqueen3879

Жыл бұрын

No doubt.

* BREAKING* Celsius has filed for bankruptcy in New York. Good luck with getting you’re crypto back from that terrible outfit.

19:30 classic. He has a bet BC will be above 100k-150k by April 18 2022 Now bankrupt

@Victic005

2 жыл бұрын

That was hilarious! By tax day.

@benyaminmiller5504

2 жыл бұрын

Lol

@dudend22

2 жыл бұрын

he was just blurting these numbers out loud knowing he was adding hype to the speculation lol he was probably hoping margin debt would have allowed crypto to get that high .. hes not dumb, this guy is a crook!

@Victic005

2 жыл бұрын

@@dudend22 so is the narrator of this channel. She's pushing crypto too.

@dudend22

2 жыл бұрын

@@Victic005 i saw that lol i have nothing against crypto just against people stealing wealth while providing no absolute value, i am diversified and always favor tangible assets even if they are boring lol

Lmfao. ”Are you moderating this or here to tout bitcoin too?” I wish I saw this when it originally came out.

@Dave.S.TT600

2 жыл бұрын

Awesome! Yes!

@keithviens3990

2 жыл бұрын

Then called her a shill

@mowabb

2 жыл бұрын

He caught a lot of heat from the bitcoin clowns claiming he was just mad that bitcoin was doing so well. For many months the comment section of Peters videos was full of bitclowns but now they seem scarce 🤔

@JorgeMendez-kn5ql

2 жыл бұрын

Moderators need to learn to get out of the way. Their only responsibility is to ensure that both participants have an equal opportunity to support their own positions. So long as the debate remains respectful and on topic, the moderator has no business interrupting.

@SmithsnMoz

2 жыл бұрын

She probably has all her bitcoin stored in CELSIUS NOW?...😆 🤣

Peter was spot on. Well done. Where is Celsius now? Gone

On July 13, 2022, Celcius filed for chapter 11 bankruptcy .. I think Peter won this debate

@PassportBrosBusinessClass

Жыл бұрын

Yes Peter won. He also won against Bankman-Fried… but what did it cost? His bank?

@kapliger

Жыл бұрын

@@PassportBrosBusinessClass I think so. But we don't REALLY know what happened to the bank. It may have been THEM, who took it away or it was something else.

I just got a hold of Alex Mashisky's transcript. Microeconomics 101 - F Macroeconomics 101 - F Gender Studies - A

@urigeheadmot1196

2 жыл бұрын

😂

@Catch22699

2 жыл бұрын

😂😂😂😂

@coolisfoolable

Ай бұрын

😂

Peter has dedicated his life to global economics and understands markets better than anyone. Watching this play out as he always said it would is quite spectacular

@Zeppelin9899

2 жыл бұрын

As he said it would? He’s been saying Bitcoin will go down for almost a decade. He’s lost his followers massive amounts from being in Gold instead of Bitcoin. He’s wrong. It’s there in the track record. Gold is break even, but LOST value over 10 years after accounting for inflation. Btw I hold Gold. I think it has its place also, but Peter is wrong about Bitcoin. The numbers for 13 year track record are incredible. Even over last 2 years it’s up almost 300% still. Bitcoin 1 year -35% Bitcoin 2 year +300% Bitcoin 5 year +700% Bitcoin 10 year +154,000% Bitcoin 13 year +670,000,000% Gold 10 year. Break even. Negative with inflation. Ya Peter is really killing it with these predictions.

@Paz133

2 жыл бұрын

@@Zeppelin9899 yes you can make money if you get into and out of the ponzi scheme early, thanks for pointing that out.

@st-ex8506

2 жыл бұрын

@@Zeppelin9899 Gold is no Ponzi scheme. It's been a repository of wealth for millennia, and will be so as long as there is a human civilization... and probably beyond. BTC and other cryptos are nothing else but sophisticated Ponzi schemes! BTW, I invest in TSLA, and realize it is beating BTC, while having a strong and fast growing underlying value.

@st-ex8506

2 жыл бұрын

@@Paz133 Yes indeed. But that money dos NOT come from any form of value creation, it comes out of the pockets of other people. The ancient Greeks did not have bitcoins, but already had a word to describe such scams, i.e. making money from nothing else than money: Chrematistics! And the contemporaries of Aristotle did not hold that in high esteem, but as a concept opposed to, and detrimental to the real economy of the city.!

@nappiral

2 жыл бұрын

With all that knowledge you'd think Europacific would have better performance.

I love it! At roughly 4:55 into the video, Mashinsky states that, "You just not gonna see Bitcoin go below that (the $45K to $50K price level) for a variety of reasons". And even when Peter tried to get Mashinsky to repeat that claim, he didn't want to. But the audio in the video is all we need. I wonder what Mashinsky is now saying since Bitcoin had fallen below $20K? Good job, Peter, for continuing to educate and to inform us!

Michelle Makori will not want to re-watch this interview again LOL

Mr. Schiff had it right on. He saw through all the hype.

@mikeoz4803

2 жыл бұрын

Poor P Schiff. 11 yrs & 45% gold return. Bitcoin same time made 12000% return LOL

@MrRainrunner

2 жыл бұрын

@@mikeoz4803 You must admit Bitcoin certainly isn't an inflation hedge and is def a bit unstable (to be kind) but let's hear your price prediction for bitcoin in one year...put it in writing. I'll say Gold at $1950

@SmithsnMoz

2 жыл бұрын

@@mikeoz4803 ... What are smoking bro?...lol..😆

@foolsleadtheworld578

2 жыл бұрын

@@mikeoz4803 You just showed how ignorant you are 😉😉 I think you should watch the video again.

@oudude8770

4 ай бұрын

​@@MrRainrunnerYou called it.

I like the fact that Peter didn’t allow the moderator and the guest to bully him. This is typical behavior from the media.

@eusebiusthunked5259

2 жыл бұрын

The moderator bullied him? Pointing out that dips after new highs are common? Wow, that's pretty desperately pathetic.

@bmrigs

2 жыл бұрын

@@eusebiusthunked5259 For that twat to keep interjecting when he is trying to make a point is desperately pathetic.

@daraghcuddy244

2 жыл бұрын

He pretty much tried to bully her to be fair, shouting at her basically 😂

@negotiable_terms1848

2 жыл бұрын

@@eusebiusthunked5259 well I got 156 thumbs up on my comment, so I guess 156 people agree.. lol If you have time today, go buy some more bitcoin.

@vladimirrevenko4868

2 жыл бұрын

@@negotiable_terms1848 yeah let him buy more of that shit, it's getting cheaper

who’s here after FTX😂

Peter bodied both of them at the same time. Dude you are a cold blooded killer and I thank you for your genius. 69% of people can’t handle the truth and the rest run from it. Meanwhile Peter is the truth. Love this guy.

Peter always is 6 months ahead over everyone and no one gives him credit

@johndoe1.196

2 жыл бұрын

When you're in bed with scam artists, you don't want to praise the guy calling out the scam.

@usadefcon1

2 жыл бұрын

The crash that's about to happen to the dollar Peter saw decades ago.

@clinthulsey1712

2 жыл бұрын

Being a libertarian economist is like living 2 years into the future at all times. Everybody else is just waiting to catch up.

@simonjdeangelo

2 жыл бұрын

It’s cause he won’t accept credit since it isn’t a real store of value

@theTeflonDon1

2 жыл бұрын

@@simonjdeangelo lol thats pretty clever

This is legit first time I've ever seen Peter get mad. Thought he was about to go through the screen and beat that moderator

@speggeri90

2 жыл бұрын

I thought exactly the same xD Peter got some steam in him this time. Totally agree with him though.

@JorgeMendez-kn5ql

2 жыл бұрын

Mrs. Potato Head would've been a better moderator; she would've worn less makeup, too.

@bicmitchum4715

2 жыл бұрын

Totally, first time here as well. I am positive that he was trying to prevent people from getting hurt and not listen to all the BS this guy was vomiting. He actually said to join the rich people club and borrow to buy Bitcoin. WTH?! OMG! Can you imagine if PENSION FUNDS bought into this bullshit?? All of America would be F'd!!

@jayjay-zb8zg

2 жыл бұрын

@@bicmitchum4715 SCHIFF IS A DECENT GUY I RESPECT DAT

@DigitalDissident

2 жыл бұрын

😂😂😂😃

Peter Schiff is an absolute legend

And now HIS bank has halt withdrawals from his customers 🤦.

@Scottshafer-1

Жыл бұрын

Thanks for watching ☝️☝️ For mentorship and guidance Message me direct ☝️☝️🧡

In November I told my stepmom crypto was a function of low interest rates and it would crash when the fed raised rates. November 30th. I was so right!!! Thanks Peter!

@skyhappy

2 жыл бұрын

Peter said this?

@benyaminmiller5504

2 жыл бұрын

@@skyhappy this is common sense.

@matthill4406

2 жыл бұрын

Good for you and paying attention to come to your conclusion

@victorarregnelle8976

2 жыл бұрын

What is she saying now lol

@trolli101

2 жыл бұрын

Is she stuck?

Peter Schiff is totally vindicated once again! This man can't miss!

@mikeoz4803

2 жыл бұрын

Poor P Schiff. 11 yrs & 45% gold return. Bitcoin same time made 12000% return LOL

@Anglo-EgyptianMan

2 жыл бұрын

@@mikeoz4803 your double-digit IQ is showing.

@juanjosemarti9043

2 жыл бұрын

@@mikeoz4803 Peter IS THE 1% OF THE 1% DIPSHIT.

@simonbagel

2 жыл бұрын

@@mikeoz4803 How much of your bitcoin did you sell?

Peter has been right about every macro Economic prediction he has made… One can only wonder what it’d be like to have a realist and straight talker running this country… I consider him a mentor, too bad too many people continue to ignore him

@ShorlanTanzo

Жыл бұрын

I mean, he had also called the BTC top at 20k, 28k, 32k, 36k, 44k, 54k. Being right on the fundamentals is not the same thing as making the same wrong call repeatedly until you're finally correct. He's also had gold predictions that were enormously off the mark for years, proving wrong every time. I don't fault him for it. He has an excellent sense of fundamental finances, but price prediction is a whole different beast which is grounded more in market sentiment, until the fundamental values finally catches up to it at some point, Or fundamental values change to meet the market sentiment. It happens both ways. Being correct about fundamentals today can give a good indication for a possible future, but it can also be a completely wrong call because market sentiment thinks in the complete opposite direction.

@cg5648

Жыл бұрын

@@ShorlanTanzo, he has repeatedly told the world where the feds monetary policy would lead and here we are. He called the housing crash years before it happened and they laughed. He was against the bank bailouts, quantitative easing,artificially holding down interest rates, and free money for everyone. He has never made the wrong call on the economy and always told people if you are going to invest, make sure it is in good companies that pay a dividend and make things that people need, not want.

@cg5648

Жыл бұрын

@H C , who said he invented it? You sound ridiculous and yes a few others have warned the world and were ignored.

@Mr.HotRod

Жыл бұрын

He shold run as an independant for president. He would get a lot of votes and maybe could straighten out some of the financial mess the country is in.

@kinghassy334

Жыл бұрын

He also gets stuff wrong all the time, being skeptical of bitcoin or crypto doesn't make you a genius

Well done, Peter

Looking forward for "Peter Schiff was right - crypto edition"

@ernestochaparro8751

2 жыл бұрын

You are absolutely right my friend. That will be awesome !!!

This interview is pure gold. Thank you for this Peter.

@chriss6092

2 жыл бұрын

Yes. How is that 'digital gold' thesis working out for Bitcon?

And this is the reason why I’ve been following you sir! Honorable and willing to put all the BS down

This video aged like a rare, fine vintage.

This was a legendary clip of our own Peter Schiff!

@pr1smYT

2 жыл бұрын

Amen! I do listen to everything he posts.

@lawrencethompson127

2 жыл бұрын

Peter was ringing the alarm bell but many people were fooled by the ignorance of the educated fools who really do not understand common sense reality.

@JRis44

Жыл бұрын

I love bitcoin. But most of all I love good critics. Helps me learn how to safeguard my wealth in a more strategic way. I might not agree with Peter but he is smart and I respect that. Just think he is ultimately wrong about Bitcoin in the long run. People need to stop obsessing over these prices and talk more about the development. - Taproot - Bitcoins payment layer(Lightning) - Projects like Taro and Lightning Labs Sadly all we all seem to focus on is the prices. Gold is iight silver too. That's why there's nothing wrong with holding them also.

This aged almost as well as Peter! 😂 This is why I’ve been following Schiff since occupy wall st. Regardless of how popular his opinion is at any given time, he sticks to his guns backed by facts and not sentiments and often ends up being right. Keep up the amazing work Peter! 👍🏼

@hateferlife

2 жыл бұрын

People want so bad for “this time is different” they’ll fall for just about anything. No good will come from a System that requires little-to-no input. We are here now.

@colin7406

Жыл бұрын

There's no way he believes deep down that it's best to go back to the gold standard after the US stole all the gold in 1971. Why would he want a corrupt country that caused this colossal fiat bubble to retain control of the financial system after it explodes? OH that's right he collects fees from his gold fund. He doesn't care about the countries that are going to get steamrolled by imperialists looking for gold to fund their operations. He just wants fees

@openviewtrading7024

Жыл бұрын

Petie is younger than Tom Cruise, Peter has aged like my left nut sac

@jenny-DD

Жыл бұрын

Peter is a sensible Man and sexy 😍

@Brian-vk1hm

Жыл бұрын

Peter has underperformed the market and lost his clients money for decades. Peter just had all his assets frozen. He’s just a good talker.

Peter ur a true hero. The real ones never get the recognition they deserve. Everything you said was 100% correct. I was pro-bitcoin but after hearing ur arguments my eyes were open to the crypto deception. Thank you for your words of wisdom.

Ahh... "I am placing a bet Bitcoin will go above 150K by tax day" ohh... It's a GEM!!!

Schiff needs to go on Timcast. Love him telling that moderator to stfu.

@gh-dw3tg

2 жыл бұрын

I guess she does have a lot on Bitcoin.

@forrestg6

2 жыл бұрын

On the few occasions Peter has come up on Tim’s show, Tim has not had positive things to say about Peter.

When Alex said gold has no value, Peter looked like he was gonna blow a gasket. Lol. Good job maintaining your cool Peter. Thanks for exposing the scammmmmm.

@gh-dw3tg

2 жыл бұрын

😂 yup....was waiting for it.

@joewhitfield5561

2 жыл бұрын

😆

Peter, keep letting em have it! Your best interview/podcast episode in 3 years!

I saw the interview when it first came out but I didn't remember the part where Peter called out the host for her bias 😂 I felt the cringe on that one. Kitco owes Peter Schiff an apology

When Peter called out the advertisers it did seem to freeze the moderator quite a bit lol

@davebellamy4867

2 жыл бұрын

She's Kitco news editor in chief.

@AustinKoleCarlisle

2 жыл бұрын

@@davebellamy4867 yeah, i'm sure she earend that

“It’s easier to fool people than to convince them that they have already been fooled “ - Mark Twain

@au10666

2 жыл бұрын

hush Brian, and buy Bitcoin.

@lawrencethompson127

2 жыл бұрын

I have found that to be true. I sold life insurance for A.L. Williams. Our focus was to replace the industry standard, over priced Whole Life insurance with much cheaper term insurance and investing the savings in mutual funds for retirement. For the general population this was a way better idea. I had a hard time getting people to believe me that they had been fooled by greedy insurance companies and agents who were earning much better commissions convincing them to buy that garbage.

@thetheDMT

Жыл бұрын

right on point

@kinghassy334

Жыл бұрын

Except Peter is also trying to fool people into gold lol

7/13/2023, Former Celsius CEO Alex Mashinsky arrested, company agrees to pay $4.7 billion settlement with the FTC. Needless to say Peter won this debate.

I saw THE interview at kitco and they were Full of them self PETER IS THE REAL DEAL🔥🔥🔥🔥🔥

Peter is such a beast I remember watching this the first time and I couldn't believe how weak the counter argument was.

@jeffreygoss8109

2 жыл бұрын

Stansberry should have had Schiff v Saylor instead of the drip they had on gold’s side. He couldn’t argue against Bitcoin and I hate BTC

Peter is right again, and it is happening before our very eyes! A guy who never took a step back, took lot of BS during the years, and a lot of hate, but following always his principles, which were sounded in Austrian economics. I have been following him from 2008, and He will be proved right once more!

@Sola_Scriptura_1.618

2 жыл бұрын

Peter saved me in 2008! He is a brilliant Austrian economist! I strongly recommend any self-invested individual follow Peter! He offers such great market insight!

Peter, you're using logic and truth to fight against a cult / religion. Keep up the good fight!

Shame on Kitco for pushing the crypto crap. As the video plays... lots of crypto ads are there right on the screen. I do not know Peter Schiff personally but his economics are sound and his investment advice is and has always been HONEST. Shame on Kitco for giving Mashinsky the con-artist air time and a means to acquire more victims of his OBVIOUS SCAM while they take the dirty advertisement money... viewers be damned.

As soon as Peter started clipping his eyes listening to them i knew he is about to unleash. Legend

@DeaDEye.21

2 жыл бұрын

Savage

@GreenfieldPortfolioResearch

2 жыл бұрын

wow, that was something!

@johntrueconservative2547

2 жыл бұрын

Lol Great stuff

Peter, your wisdom is legendary.

@rollingthunder6406

2 жыл бұрын

I agree

@nicholashuntetr

2 жыл бұрын

Lengend....

This interview is a timeless document👌

Wow Peter shut the moderator down immediately, how embarrassing for her, the other guy needs to go to jail.

"I told you so" is one of the greatest feelings, even if you were just trying to educate people. Peter, your knowledge and confidence is infectious! I could listen to you all day.

@pablo369

2 жыл бұрын

peter said bitcoin is a scam back when it was $100 lmao

@basook6116

2 жыл бұрын

he does make sense

@howo357

2 жыл бұрын

I mean he could say I told you so every 4 years bitcoin halving cycle. This clock is right every 4 year

@basook6116

2 жыл бұрын

@@howo357 if you want to get rich really fast, bitcoin is way to go. However, bitcoin don't have intrinsic value; making chips, jewelries, EV cars, electronics, ect....

@tommiehoseman3252

2 жыл бұрын

@@howo357 stock market too

Celcius going to prison over this one… “gold has zero value.” Proceeds to list all values of gold

@tomkuz_

2 жыл бұрын

Somehow makes above a 5% dividend yield on gold without taking on any risk with 0% interest rates at the time

man Peter shift is right on point I love how he tells the lady his thoughts on how to conduct a debate

@BILLEON2005

Жыл бұрын

He had to “straighten” her out!! Pete Shift don’t take no shit, Not even one ounce!

Peter laying the smackdown on the reporter. love it. 😅 by the way Bitcoin is under $20,000 today and Celsius is bankrupt. Peter was right again.

Lost my whole life savings (3BTC) on celsius I wish i would have listen to peter

@Phangmaster

2 жыл бұрын

Jesus, that's terrible. I hope you're OK.

@jaredhighlands4604

2 жыл бұрын

Wow if that's true that sucks man. I tried doge coin with 60 bucks to try it out and lost most of it and said crypto isn't for me. How did it happen where you got in that deep if you don't mind saying? Am guessing you used leverage and it diddnt end well? Or do you still own the coins and you would have to wait till it rises up again if it ever does.

@prndownload

2 жыл бұрын

@@jaredhighlands4604 Celsius was a ponzi. You give them your crypto and they give you a login to a dashboard with numbers that go up. They offer high interest rates so the majority withdraw little or none of their own bitcoin and they use new or small amounts of the money to pay out the few people who do cash out. As soon as the scam loses momentum and their pool of money stops growing they close up shop and reboot with a similar scam under a different name.

@pauldiezel4584

2 жыл бұрын

That sucks man but money's not everything and I'm sure you'll learn from it.

This needs to be aired on every media outlet in the world. This is criminal and these bitcoin pumpers need to be held liable.

@robertnakat4662

2 жыл бұрын

Sadly most mainstream media outlets in the world are CRIMINALS.

@bmw803

2 жыл бұрын

Good luck with that. No one forced a bunch of morons to speculate with BTC. Let them take a haircut. The pumpers are the smart people.

@tomkuz_

2 жыл бұрын

Pump and dump is their game

@seanrezvani130

2 жыл бұрын

Most media are involved in the form of fraud. Fake news is fixed part of their business

@robert4you

2 жыл бұрын

They should be in jail.

"Crypto lender Celsius files for bankruptcy in New York" - 14 Jul, 22.

hahaha, and now Mashinsky is under arrest. Total scam.

Peter got her early and good! It is hilarious to watch him shred people trying to interrupt him. LOL!! To Funny!!

@johndoe1.196

2 жыл бұрын

Partisan "moderators" are horseshit. It's not a debate it's 2 vs 1.

@emilybh6255

2 жыл бұрын

Too funny (you mean)!

@TonyL-gw4qx

2 жыл бұрын

@@emilybh6255 there always has to be a grammar freak. I hope you feel better about yourself and superior and arrogant.

Peter spitting straight fire. Should drop an album.

This was brilliant Peter! Never seen this before, fair play to you.

@Scottshafer-1

2 жыл бұрын

Thanks for watching ☝️☝️ For mentorship and guidance Message me direct ☝️💛

First time I’ve seen peter really fired up, amazing to see him put jack back in the box

Petter dropping the hammer 🔨

Mashinsky should be synonymous with ponzi, or more specifically a digital ponzi 😂 Peter the prophet is right again.

@rrck6610

2 жыл бұрын

All these crypto idiots will be laughed at in a year or two.

This one aged well and the palybook for crypto is SBF and FTX was all the same. They broke and corrupt

Maddoff comparison was on the point 😂

Hi Peter： You are often EARLY on a lot of things. And you get the last laugh. BTW, I suggest you should do another episode of *Peter Schiff was Right* on the cryptos.

@GreenfieldPortfolioResearch

2 жыл бұрын

exactly. as he said, "you can't but to be too early".

What’s makes a great man isn’t whether he is right or wrong. Admittedly Peter Schiff has been right overwhelmingly over an extended period of time.

I found it baffling when Kitco "personalities" began to pump vapor coins. This segment absolutely shows just that: pumping and complete bias.

That Alex Mashinsky guy was stopped at the airport trying to leave the country....😂

@Scottshafer-1

2 жыл бұрын

Thanks for watching ☝️☝️ For mentorship and guidance Message me direct ☝️💛☝️

Man Peter was mad as hell.🤣

@ccpj0eyb319

2 жыл бұрын

Peter is hilarious, but should probably be more respectful to the host 😂🤣😂

@DA-xc2uo

2 жыл бұрын

Amazing. But she was quite unfair so Peter war right.

@DA-xc2uo

2 жыл бұрын

@@ccpj0eyb319 he is used to be intervied by msm wackos 🤣🤣

@pdub_originalpdub8173

2 жыл бұрын

@@ccpj0eyb319 Bull 💩. The overpaid hooker should have been respectful to her guest.

@gh-dw3tg

2 жыл бұрын

"Looks like the bad guy from Dune" (the Big Short)

... Mashinsky seems like a smooth talking snake oil salesman to me. His twitter account is deathly silent since his Celsius imploded; What a maroon... one born every second.

@peaceonearth8693

2 жыл бұрын

Since you're taking the position of being so smart, maroon is a color. LoL

@JorgeMendez-kn5ql

2 жыл бұрын

You're absolutely right. He checked all of the boxes for an elaborate scam.

@dtrain1464

2 жыл бұрын

@@peaceonearth8693 Noun. maroon (plural maroons) (slang, derogatory) An idiot; a fool.

Its baffling to see Alex getting away with saying Gold has no true value. And people gave him Billions. Wow. World has gone crazy.

"Yeah you know who else had an amazing investment opportunity? Bernie Madoff." Lol

@Scottshafer-1

Жыл бұрын

Thanks for watching ☝️☝️ For mentorship and guidance Message me direct ☝️☝️