Peter Schiff for US 🇺🇸 President 2024!

@quiqueelchulo

2 жыл бұрын

What's going to do? People love the wealth fare spending and no one will takeaway without massive f Riots

@gothamghostrider4634

2 жыл бұрын

He is not stupid. If he ran for president and won he would be assassinated by a "lone gunman'. FYI govt locked up his father and he died in jail

@DP-dv7qc

2 жыл бұрын

At least you should take Rush Limbaugh place

I burst out laughing when the federal reserve note literally transformed into monopoly money in the video

@HughesEnterprises

2 жыл бұрын

I bet the inflation rate of Monopoly money is slower than the USD today. It’s already worth more than Venezuela’s currency.

@Semi_Successful

2 жыл бұрын

@@HughesEnterprises Or........ Monopoly-Venezuela Edition! Just use all that money they printed lol make a game, ship it out. Recover! I'm a GENIUS 😂

@GG_SICILIAN420

2 жыл бұрын

😂😂😂😂😂😂😂

@rogerburn5132

2 жыл бұрын

If you have a lot of them you can still buy Gold and Silver before the monopoly money turned in to Venezuelan bulivar

@marcrochefort4483

2 жыл бұрын

It was hilarious!

The last time I was this early my quarters were made of silver.

Gold and silver are Constitutional, honest, and sound money. Nature’s money. God’s money.

@GG_SICILIAN420

2 жыл бұрын

🙏

@weignerleigner3037

2 жыл бұрын

Ok Robert kyosaki

@rchicks22

2 жыл бұрын

@@weignerleigner3037 no. I don’t tout Bitcoin like an idiot.

@weignerleigner3037

2 жыл бұрын

@@rchicks22 lol he always talks about gold being gods money

@ericrodwell8706

2 жыл бұрын

@@rchicks22 You get your information from a gold salesman.

I am 71 so I remember that Sunday night quite well. One thing almost everyone seems to miss is the geopolitical aspect of the 8/15/71 decision. The severing from gold led to the massive inflation in the early 70s. Nixon’s wage and price controls did little if anything. Fast forward to July 1974 when Kissinger & William Simon, Secretaries of State and Treasury respectively, went to Saudi Arabia and made the Saudi Kings “an offer they couldn’t refuse.” Either price your (OPEC) oil in US Dollars ONLY, and reinvest the proceeds into US Treasuries, or we will bring “ American style democracy” (i.e. invade) and seize the oil fields. That was the stick… the carrot was we will keep these sorry ass Saudi, Kuwaiti, et al, kings and princes in power indefinitely. Kind of Mafia protection racket for us an insurance policy for the Saudis against Islamic extremism (i.e. bin Laden). Fast forward up to August 1990… Saddam invades Kuwait and is threatening Saudi Arabia as well. So the Saudis file an “insurance claim” and the US Military makes good on the 1974 Kissinger deal and destroys the Iraqi army within a few days. Problem was we overstayed our welcome in Saudi Arabia. Fast forward up now to September 11, 2001 where the main justification for the attack, espoused by bin Laden, were “infidel” troops in the holy land. He paid some perfunctory lip service to the Palestinians an Iraqi sanctions but our troops occupying their holy land was primary the motivator for the 19 fanatics strapping themselves in a plane and a fiery Kamakasi attack. If there was no severing of the gold standard in 1971 no Kissinger/Simon protection deal; no Gulf War I; no 9/11; means no War on terror; no thousands of people killed; and no wasted $5 Trillion dollars.

@jfphotography69

2 жыл бұрын

Those 19 fanatics where imported into the US and trained by the US government. You didn't know this did you.

@jeffbeowolf547

2 жыл бұрын

Excellent history lesson thank you

@jean-louislalonde6070

2 жыл бұрын

BULL'S EYE! You are rightly connecting the dots! Plus I will add that it allowed governments going into massive deficit spending and ballooning a huge debt that is about to swallow us all. Buy gold and silver now if you haven't already, it's a matter of survival.

@jeffreymarshall4572

2 жыл бұрын

Excellent points. Sadly, few people are aware of these facts. Even though $5 trillion wasted in Middle East wars was an incredible amount of money, just think that we’ve wasted another $6 trillion and counting on Covid lockdowns.

@aba192

2 жыл бұрын

The last parts blew my mind

Thank you Peter for a no nonsense assessment of history

This needs a million views!!!!! Please pleasure please send this out to everybody possible!

@johnatan8727

2 жыл бұрын

Up

@bobschuon5908

2 жыл бұрын

If it got a million views, there would be riots in the streets.

This video is gold. Needs to be shared to everyone

@richardmannion8475

2 жыл бұрын

Nobody should be getting married anymore

@GeneralAkAbA

2 жыл бұрын

@@richardmannion8475 couldn't you do a separate comment? Why did you reply to mine?

@richardmannion8475

2 жыл бұрын

M GTOW

@colineccles5102

2 жыл бұрын

@@richardmannion8475 you good bro?

Ohh man, we are heading to a complete meltdown.

That's the day the dollar was mortally wounded, and it has been bleeding since then. And now people are surprised it's about to die. We have let the dollar die out of ignorance.

@jimlovesgina

2 жыл бұрын

Willful ignorance. Today there is no excuse for being uninformed.

Pretty cool, don't think it would be a bad idea to do more of these mini documentaries.

@johnatan8727

2 жыл бұрын

Up

@ryanunknown4181

2 жыл бұрын

Ditto

@alexnezhynsky9707

2 жыл бұрын

Love it!

@sterrshow5016

2 жыл бұрын

Yeah these are easier to show people versus the podcast

@arrongordon2354

2 жыл бұрын

Definitely. Think he should do one of what a collapse actually looks like as no one seems to have any ideas 💡

If a man could provide for an entire family alone back in the day.... Imagine being a bachelor back then 😜

@tarstarkusz

2 жыл бұрын

I was just a baby in August of 71, probably just starting to walk and I don't remember it. But I remember the middle and latter part of the 70s and watched our family's decline. My dad was college educated and a union man. As the 70s went on, we got poorer and poorer. Eventually in the late 70s my mother and most of my friends' mothers went to work, that is those whose mothers didn't divorce their fathers. This is why early gen-x is so screwed up. We remember what we lost.

I'm forever grateful I listened to you on the Joe Rogan podcast. I've learned so much from you since then, Peter. You are like a father to me. To think that I was this close 🤏 to skip that episode 😅

Thank you for reminding us of our history, which we conveniently forget. Appreciate the effort!!

Excellent content! Keep up the good work Peter, the world is listening to you more than you think 🙌🏻

50 year old scam. How much longer can it last?

Shocking & unacceptable...Interrupting Bonanza!! 😲

The truth to why the world is where it is

I'd like to congratulate poverty on winning the war on poverty.

@jimmyrichards5595

2 жыл бұрын

“Paper is poverty. It is but the ghost of money, not the money itself.” -Thomas Jefferson

The gas lines were long and it was hot too, but we had the Bee Gees on 8-Track tape to listen too haha

My favorite presidential quote is actually by Nixon. “The bugaboo of devaluation every dollar you have to day will be worth just as much as tomorrow”

@richardmannion8475

2 жыл бұрын

We never landed any men on the moon, it's made out of plasma, not hard rock

@rogerburn5132

2 жыл бұрын

Tomorrow the dollar will be worth as much as Venezuelan bulivar

The culture follows the money policy. When women were forced to enter the work force then we got all the equality and diversity theories.

Thank you Peter for this great financial lesson.

Very well put together this type of material should be shown in schools.

@endtimes2100

2 жыл бұрын

Too busy teaching important stuff like CRT.

The dollar didn't just die, it was executed gangland style in a dark alley.

Thanks for the history lesson Peter

This video is truly great. Peter ought to do more of these short, concise docs. Could be a very effective vehicle for spreading the knowledge.

@russellbrand556

2 жыл бұрын

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Most people will never know this is how it went down. Unfortunately this video is mostly preaching to the choir.

@Mikesorrento3344

2 жыл бұрын

True, but the ignorant will be waking up and wondering why they are paying $15 for a loaf of bread.

@EasytheGoon

2 жыл бұрын

Share it with the masses then.

@TheCarnivoreSoprano

2 жыл бұрын

@@EasytheGoon the masses aren't going to listen. They never do

@jonathanvanbuer

2 жыл бұрын

@@Mikesorrento3344 They will never wake up. They're going to blame capitalism.

@rogerburn5132

2 жыл бұрын

90 % of Americans don't know what is money what is currency why is backed by Gold. and even where it comes from what is Fiat money so on Not even where it comes from (the Federal Reserve)

So basically, US Fed/Gov did a Tether

Very well put together...provides great historical context on such an important topic that doesn't get enough attention

@russellbrand556

2 жыл бұрын

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Magnificent presentation as always. Straight forward and to the point so that even the dumbest person could understand.

@jean-louislalonde6070

2 жыл бұрын

I don't know. Some people are really dumb...

@reptiliandomination1

2 жыл бұрын

@@jean-louislalonde6070 Some? I'd say the majority. At least when it comes to economics and monetary history.

You have done it again Peter. Outstanding

Not much more permanent then a temporary government program....

Hiking interest rates alone did not tame inflation. The establishment of the petrodollar, right after the collapse of the gold standard played a tremendous role in continuing U.S. Dollar hegemony.

This style of videos is great! Keep them coming Peter! More ideas such as the .Com bubble or the 08 housing crisis

Way to go Peter - this is an awesome video!!!! My Dad remembers this - I was 2.

Come on Peter, Nixon was a useless President but we all know he was just following his Masters voice.

@conspiracyburger7516

2 жыл бұрын

I honestly don’t think Peter’s figured that out yet… that all the presidents during our lifetime have all been puppets.

We are all going to ride this train off the cliff.

Listening to Peter is gold. Hi from Paraguay 🇵🇾

Peter thank you for reminding this. Fantastic video!

Americans need to hear this information.

@russellbrand556

2 жыл бұрын

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This market is crazy and yet it just keeps getting crazier? All the rules of the past are upside down yet every time I think to myself “ this next event will be the catalyst that pops the balloon 🎈’ it never seems to happen? Nobody knows how this will end but Peter’s theory makes the most sense and I think this will only end badly.

Geez, I had no idea that it was THIS bad! I will never forgive Mr Nixon for what he did. He interrupted _Bonanza_ for petes sake!

I bet they don't teach this in history or economics class.

Hilarious how they don’t teach this in public school

The major difference is economy and Federal Govt didn't (permanently) collapse in 69 like it did in 08. In 2008 the consequences of war and offshoring brought the US economy and Federal and State Govts to it's knees and since then neither has been able to even attempt to get back on it's feet!

Spot on Peter. thank You for reminding Us of the reality of what they did and continue to do

@russellbrand556

2 жыл бұрын

**Thanks for watching! don't forget to hit the subscribe button! Fore more enlightenment WhatsApp me ➕ONE:FIVE:ZERO:THREE::SIX:ZERO:NINE:ZERO:FIVE:ZERO: SEVEN-.*

Never cared for Bonanza. Bunch of grown men all living at home with PAW? Very creepy.

Thanks Peter for the beautiful and simple overview.

@russellbrand556

2 жыл бұрын

**Thanks for watching! don't forget to hit the subscribe button! Fore more enlightenment WhatsApp me ➕ONE:FIVE:ZERO:THREE::SIX:ZERO:NINE:ZERO:FIVE:ZERO: SEVEN.*

This video will age very well.

@Peter Schiff Great Video! These are the videos we need. Scripted, straight-forward knowledge.

Outstanding video, Peter. Thank you for this.

Well put together video Peter I see the edits! Who dislike this video is my question, you were spot on

Deserves 1 billion views

Outstanding analysis and estimate of the situation!

thanks for this explanation Peter

loved this mini doc !! Keep doing these videos.

the country has been on a spending spree since the seventies... gold is money... it is the money of civilization...Ron Paul since the seventies... Ron Paul = civilization... Peace & Prosperity in our lifetime

Good video Peter. That was a black day in America's history. That was the beginning of the end.

@russellbrand556

2 жыл бұрын

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THIS WAS NEEDED!!!!!

Thank you, Peter. Amazing video!!

Why's US given the "exorbitant privilege" that the dollar be the global exchange rate standard...

Great video Peter! The visual aids really help push your point. It would help if you do the same for your regular show and maybe post some graphs of the stats you’re discussing. I’m a visual learner so it really helps

Peter, I followed you to PR and bought a place in Palmas in April. In just 4 months, the 5 gallon bucket of Behr paint that we chose has had TWO price increases. Initially, it was $194, then $208 now $227. Assuming real consumer prices are up just 10%, by being in gold I’ve lost ~20% of my purchasing power. I saw inflation coming, I made my bet, I was right with my forecast but I’m losing my bet. How much longer til these “markets” pay me?!?!?? I’m pissed.

Peter as Always Big thanks for the valuable information and your Hard work. Always thumbs UP.

@russellbrand556

2 жыл бұрын

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Even though the dollar is dead, atleast we got Bitcoin and Peter Schiff.

@jeffreymarshall4572

2 жыл бұрын

Although Schiff thinks BTC is worthless.

@martinlutherkingjr.5582

2 жыл бұрын

@@jeffreymarshall4572 Bitcoin thinks Peter Schiff is worthless based on its price action

Very good post.

Weird. YT never gave me a notification for this one.

Great video!!!

The Day the Fraud about the Dollar Backed by Gold Couldn't Continue.

Outstanding as usual! Sad but true.

Peter I strongly disagree with much of what you say generally but this video is brilliant. Should be mandatory viewing for every American. Thank you sir.

@sheevamatimbas4300

2 жыл бұрын

One or two example of your disagreement, please?

Great video.

Should have at least 1 Million views very informative on the delusion of the dollar and government

@russellbrand556

2 жыл бұрын

**Thanks for watching! don't forget to hit the subscribe button! Fore more enlightenment WhatsApp me ➕ONE:FIVE:ZERO:THREE::SIX:ZERO:NINE:ZERO:FIVE:ZERO: SEVEN:.*

Imagine what 15% rates on a 15 year mortgage will do to the housing market. Imagine what 15% inflation will do to you, who can at best hope for a 5% annual raise.

@jimlovesgina

2 жыл бұрын

Borrowing money is very cheap right now. You can borrow at 2% and pay it back with devalued dollars. The banks are forced to eat this loss. I am fine with that.

@jjmcwill1881

2 жыл бұрын

That's unlikely. Businesses will get squeezed. They are already paying 2.8 percent more. It's gone because of the 5.4 inflation though.

@900bcy6

2 жыл бұрын

In the late 70's, an average house cost $40,000. My state came up with special rates for lower income borrowers, such as 8.5%. 10 years later, that same house tripled in value. When QE stops, that will happen again.

8:19 it was allowed to smoke in Congress? wow

@sadhigeki901

2 жыл бұрын

it was allowed everywhere back in the day

@UltraGaivalas

2 жыл бұрын

@@sadhigeki901 that's really nice. I'm not a smoker myself, but I think we should allow smokers to smoke anywhere. It adds some charm and atmosphere to life, if you know what I mean, lol

@sadhigeki901

2 жыл бұрын

@@UltraGaivalas Haha , i dont know about that, many people hate the smell. I used to smoke once in awhile, you must be young though. Even in the early 2000s a lot of businesses had smoking areas and non smoking areas. But now that is pretty much extinct.

Why’d this video go to private when it was posted the first time?

Peter excellent piece. Thank you.

@russellbrand556

2 жыл бұрын

**Thanks for watching! don't forget to hit the subscribe button! Fore more enlightenment WhatsApp me ➕ONE:FIVE:ZERO:THREE::SIX:ZERO:NINE:ZERO:FIVE:ZERO: SEVEN.*

Anybody ever notice that HR departments didn’t exist prior to women entering the workforce?

@darksauske75

2 жыл бұрын

I didn’t know that. Is that really true!? I’ll have to loook it up!

@jeffreymarshall4572

2 жыл бұрын

@@darksauske75 Haha. It was a joke. Kind of.

The ending was the best part :D

Interrupting Bonanza was sacrilege in 1971 .

Piece of art !

Cool little video 😎

Nice plug

This video is gold!

This is a powerful video! Thank you, Peter. I can't wait for the dollar bubble to pop. I'm ready.

@russellbrand556

2 жыл бұрын

**Thanks for watching! don't forget to hit the subscribe button! Fore more enlightenment WhatsApp me ➕ONE:FIVE:ZERO:THREE::SIX:ZERO:NINE:ZERO:FIVE:ZERO: SEVEN:.*

Very good video

Great video Peter, very informative and easy to understand. Hopefully won't be the last in this style

@russellbrand556

2 жыл бұрын

**Thanks for watching! don't forget to hit the subscribe button! Fore more enlightenment WhatsApp me ➕ONE:FIVE:ZERO:THREE::SIX:ZERO:NINE:ZERO:FIVE:ZERO: SEVEN.*

In gold we trust.

@rogerburn5132

2 жыл бұрын

And Silver to

I like these history lessons more than the podcast to be honest.

November 11, 2011: Gold 1745.50 GDX 60.41 GDXJ 120.16 August 17, 2021 Gold 1784.70 GDX 32.29 GDXJ 41.59 Why is GDX nearly 50% lower and GDXJ nearly 75% lower in 2021 when the price of gold is $39 higher than 10 years earlier?

@donaldfit7753

2 жыл бұрын

Yet, all this time, Peter tells everybody to invest in PM and PM stocks. You would break even if you are lucky - not to mention the lost opportunity to make some money via other investments during that time period.

He said gonna look like the roaring 20's🤣🤣🤣🤣

BRILLIANT!!!

watching as a broke 21 year old in a major US city, I’m fucked.

@mikek.9980

2 жыл бұрын

Chuck, you still have time to prepare. Don't just say is too late. Buy your first oz of silver and continue onward. All the best on you journey!

At 8:36 center of screen. Is that Michael Burry?

Put a link to the website, rookie.

😱 Mike Melony appeared on the $20. 😃

10:05 This meme always makes my day

I like the shorter format !!

@peterschiff

2 жыл бұрын

This is not a podcast. That's why it's short. Hopefully it gets some tractions with a larger audience.

@kokop1107

2 жыл бұрын

@@peterschiff I think it does, I really like this format and got it in my recommendations

Gooold