My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.

@TomD226

7 ай бұрын

Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up $450k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

@lowcostfresh2266

7 ай бұрын

@@TomD226 Do you mind sharing info on the adviser who assisted you?

@TomD226

7 ай бұрын

​ @lowcostfresh2266 The adviser I'm in touch with is Laurel Dell Sroufe. You can use something else, for me her strategy works hence my result. she provides entry and exit point for the securities I focus on.

@leojack9090

7 ай бұрын

@@TomD226 Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

@Emkei2010

7 ай бұрын

US have allies who will take the blow so the US economy will survive no matter what.

I'm from Argentina. Everytime you talk about the Fed printing money, the government running huge deficits and the interest rates being below the inflation level, I immediately think about our country. We're doing literally the same. Inflation have been growing since the past 20 years and now it reached 12% MoM. And rising. Many are already talking about hyperinflation and hoarding food and essentials. There's gas rationing right now. Our governments are going to keep doing the same thing unless people wake up and realize that economics are ruled by basic laws such as physics as you said. Unfortunately, I think they will realize too late, if ever.

@kinseybarnard

7 ай бұрын

Any chance Melei wins? If he does can he make a difference?

@santiagovarela2298

7 ай бұрын

​​@@kinseybarnard Milei was the favorite until past Sunday's general elections where he got to the ballotage in 2nd place (37% vs 30%). So he's now the underdog again, as he was before the primaries when he got the first place and surprised everyone. At this point it's 50/50. Anything can happen in Argentina. Unfortunately. People here in general is afraid of change, and are basically ignorant in basic economics, due to socialist indoctrination in school, poor education quality overall, government idiosyncracy and families that basically brainwash their kids with these stupid ideas that don't match reality. Government literally look at their supporters in the eyes and lie to them and they applaud. It's a highly ideologized society. Milei opened the eyes of many here, that's why all the hype with him. It is yet to be seen if society wants a change or if it keeps this path to destruction.

@newworldforward1842

7 ай бұрын

At least you guys in Argentina know what's going on. In the US everyone is oblivious.

@P__114

7 ай бұрын

What is day to day life like there with such high inflation?

@Al-yu6bq

7 ай бұрын

There is a huge diifference between Argentina and US, Argentina doesn´t have technology, US is a hi-tech country

I forgot to tell people to like the video. Hopefully some of you do that anyway. I also screwed up and called the new Speaker of the House Mike Jordan instead of Mike Johnson. Too many would-be speakers to keep track.

@sandroaces

7 ай бұрын

I like your show but chill with the like thing.

@GoldAndSilver988

7 ай бұрын

Our last really good president was Calvin Coolidge. He was "Silent Cal" because he wasn't always trying to change the world.

@codycast

7 ай бұрын

Tell you what… I’ll throw you a like just because you didn’t ask in the video.

@Eggfartman

7 ай бұрын

I gave you a like. No it’s time for you to capitulate on Bitcoin

@rogerburn5132

7 ай бұрын

Peter Your Podcast is always absolutely Brilliant. I have subscribed long ago And NEVER FORGET TO PRESS THUMBS UP 👍👍👍👍👍

It's NOT only 33 TRILION dollars government debt But 210 TRILION DOLLARS UNFUNDED LIABILITIES 😂

@_Ekaros

7 ай бұрын

Liabilities are money to your own people. You can always renegotiate those. Just tell no more pensions. Easy. Debt matters as you need to pay back it periodically.

@housemonkeychill

7 ай бұрын

yes, but the dollar has lost 30% of its value in the last 4 years so the 210 t is now in reality only 140 t

@bogdanlevi

7 ай бұрын

These "unfunded liabilities" are basically just certain types of budget spending, but counted as if they were securities. So, a spending cut is almost the same as a "default on unfunded liabilities".

@rogerburn5132

7 ай бұрын

@@_Ekaros And Who would be the politishans to. tell "" No more pensions "" and get elected And. How would the people that rely on that money leave. Especially in inflation The government Need to pay more. So the liabilities could be More. And you have Medy care and so on

@rogerburn5132

7 ай бұрын

@@bogdanlevi just to say that the US deficit is 1 TRILION dollars Now. Means the government. don't collect enough taxes . Could you. imagine in the future. And they have to pay the interest on the borowed Trilions to . So Where would. the Money come from.?? Only from one place. The Federal Reserve will print more dollars and buy the government bonds. So the government have. Money to spend. Which means more and more inflation.

I have been following Peter Schiff for two decades or more . His is a lone voice in the financial wilderness with all and sundry in the media belittling him . The false financial charade continues while the house off cards shows very serious structural flaws . He is the voice of wisdom .

@BullsEye3333

7 ай бұрын

@rameshgill1444 What in the holy hell are you talking about? Peter's going down in history as the absolute worst financial advisor ever. He's dead wrong on all of his major predictions: 1. Worthless dollar 2. Worthless crypto 3. Rate hikes from 0 in 2015 4. Rate hikes from 0 again in 2022 5. He said it's another housing bubble way back in 2014 6. New high for silver 7. 100x on gold stocks 8. $30,000 gold 9. Dow will equal an ounce of gold 10. Going back to a gold standard is inevitable 11. DXY to 80 by the end of 2023

@jman000011

7 ай бұрын

How much do you get paid for your plugs for Peter . Or are you an AI bot?

@davebrewer7170

7 ай бұрын

He isn’t that wise about BTC

@jman000011

7 ай бұрын

@@davebrewer7170 looks like Peter is not only paid by Shopify but also by govt to spread disinformation on bitcoin

@BullsEye3333

7 ай бұрын

@@davebrewer7170 I think Peter's flat out lying about bitcoin because it solves the problems of why gold ALWAYS FAILS as money and much more.

There's something about this guy that I just love. He just doesn't stop.

@user-mu5hn7yo8q

7 ай бұрын

He knows what he's talking about.

@newworldforward1842

7 ай бұрын

Maybe because he's right and he knows it?

@DexterHaven

7 ай бұрын

Pelosi doesn't stop either, but like Athlete's foot.

@432Restoration

7 ай бұрын

@@DexterHaven what the fuck? Shut up. Nobody mentioned her. And that's disgusting.

@newworldforward1842

7 ай бұрын

@@DexterHaven Can you link Pelosi's podcast, please? There's a difference between not stopping and getting fired.

I'm from Argentina, hahaha ! Man, every time there's an example on how screw things up. we're on the scene. By the way, US playbook is indeed the same as Argie's, just without the military and world's reserve currency

@WalterMangandid

7 ай бұрын

Milei debería instituír el Oro y la Plata como únicas formas de dinero. Agregaría Bitcoin, como opción. Dolarizar es una mala estrategia.

@santiagovarela2298

7 ай бұрын

@@WalterMangandid la idea de Milei es libre competencia de monedas justamente. Se llama 'dolarizacion' a la liquidación de los pasivos del banco central contra USD.

@charlescasaburi5333

7 ай бұрын

The biggest difference between the USA & Argentina is Argentina didn’t control the financial exchanges the way America does . They can use massive derivatives leverage to suppress the price of gold & prop up the dollar using their surrogates in the banking system like JPM . The problem is all we are doing is climbing to a higher diving board but the diving board is already so high what difference does it make at this point. Does it make any difference if you jump out of the 50th story of the freedom tower or the 100th story . You may make a bigger splat when you hit the ground but the outcome is the same

@user-oo6in4hq8u

7 ай бұрын

​@@charlescasaburi5333u can put a cushion on ur landing then it makes a difference

@fibonaccitimes

7 ай бұрын

No true Argentine would call himself “Argie”

The 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.

@Derawhitney

3 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?

@nicolasbenson009

3 ай бұрын

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

@EddyAgnes-vy4kp

3 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.

@EddyAgnes-vy4kp

3 ай бұрын

Wow that's heavy! keep it up, I could really use the expertise of these advisrs, my port-folio has been down bad....whose the person guiding you?

@nicolasbenson009

3 ай бұрын

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Margaret Johnson Arndt for the last five years or so, and her returns have been pretty much amazing.

You are absolutely correct that GDP is goosed by high inflation. Our gas prices alone are up 80% since 2021

Well said Mr.schiff inflation is eating away our purchasing power as bad as Argentina.

@gregorysagegreene

7 ай бұрын

No. It's already *had* our lunch.

@DanXRP

7 ай бұрын

@@gregorysagegreene Absolutely and is only going to get worse.

He forgot to tell you Hit the Thumbs up 👍

@sonorous8028

7 ай бұрын

....he'll never forget to tell us how correct he is though.

@tacitus7

7 ай бұрын

@@sonorous8028funny. He is quirky that’s for sure but he is still cool.

@tacitus7

7 ай бұрын

I did anyway😎

@damncars2618

7 ай бұрын

​@@sonorous8028He says there's either going to be cheap money or expensive money...but the important thing is HEs right.

At the end of WW2, Argentina had the third largest economy in the world, just after the US and Canada.

@jasperalberts7647

7 ай бұрын

Ranked 60-something now in GDP per capita. Go go socialism!

@didforlove

7 ай бұрын

@@jasperalberts7647 also cuba and Venezuela

@muddyriverdogz

7 ай бұрын

Sounds like they needed some freedom.

@ralymbetov

7 ай бұрын

​@@didforlove, and China

@user-xq2ls5ib5b

7 ай бұрын

@@jasperalberts7647 the did better with socialism its a facist state

Correction Peter: The USD was originally defined as a weight of silver as per the Coinage Act of 1792. That weight of silver was 0.7734 Troy ounces minted in the silver dollar until 1935. Silver was demonetized in 1873 and then The Gold Standard act in 1900 defined the USD as 25.8 grains (0.05375 Troy ounces) of pure gold. However this was ended with the Gold Reserve act of 1934 by Roosevelt. What you are talking about is the Statutory rate, which is arbitrary and can be changed by the Chief Executive. It is a rate of exchange between Federal Reserve Notes and physical gold as established by the Gold Reserve Act of 1934.

@Eric-is1jt

7 ай бұрын

Whatever responsible economics was a century ago has nothing to do with the uncompromising socialist,crony capitalist,too big to fail,authoratative,autocratic state they are building for us now.I wonder how long it will keep going in this debilitated condition. We shall see,stranger things can happen.😅😢

I wish you could do these podcasts twice a week!

Another great common sense video from the Great Peter Schiff. Thank You Peter.

@SSNESS

7 ай бұрын

Why does he need sponsors?

@J-P88

7 ай бұрын

​@@SSNESSwhy not?, "if you are good at something don't do it for free"

@SSNESS

7 ай бұрын

@@J-P88 he’s already worth millions

Thanks so much for your podcasts. You're a great teacher. We need you.

Got my Peter Schfix.

Another Great edu podcast, Mr. Shiff. Only you can explain things so clearly. God bless you and your family!

Buying the dip isn’t enough in this economic terrain. We’re already seeing savings dwindle this year because of higher prices and the rising costs of paying back debt. We are looking at turning to emergency funds. The festive season is here what moves can an investor make to rack up gains even in bear market?

@Javier_Rodri

7 ай бұрын

Government stimulus payments and curbed spending allowed Americans to save more money than they typically do. Annual household income surged in the past 4 years post pandemic, don’t expect it to continue.

@clintscott3300

7 ай бұрын

Yup excess savings families gathered during the pandemic appears to have run out among middle-income and low-income households. Holidays are coming, which usually means heavy spending for households. I could use a lottery win or a sudden pump from one of my holdings. My trading skills are inadequate.

@_davidturner

7 ай бұрын

I’m in a private client group under a certain Monica Mary, a market strategist and Wall Street vet. In a note sent to the group she said that U.S. stocks as represented by the S&P 500 have fallen too far, too fast, clearing a path for the market to rally into the end of the year, and beyond that what was sent out in a note to clients published on Friday.

@benalfredo

7 ай бұрын

Who is this strategist Monica you talk about? I and my spouse have been looking for something like this especially in this quarter to help us organize our finances going into next year.

@Javier_Rodri

7 ай бұрын

I agree, the bearish sentiment gives way to a bullish indicator, you however must plan properly or consult with a professional who has lived through two recessions at least and has a great track record with her clients and no disclosures in the past.

PETER ALWAYS BRILLIANT ANALYSIS ALWAYS THUMBS UP 👍👍👍👍👍

@SSNESS

7 ай бұрын

He always sounds drunk

@dMediaConcierge

7 ай бұрын

Took the words from my mouth 😮Utter brilliance, sir!

As an Argentine myself, I am shocked at the level of fiscal spending in the US. Financing two wars and internal spending bills with a depleted oil reserve does not bode well for debt, deficit and inflation. And keep an eye on banks. Charts paint a gruesome picture with apocalyptic downside potential. Bonds could have an epic meltdown waterfall move if the middle eastern war expands. Oil and yields are 100% 1:1 correlated in the past month action.

@nilemarba5126

7 ай бұрын

let's hope Javier Milei wins

@b1burck

7 ай бұрын

Where have you been? The US has been financing multiple wars since the end of WWII

@escapetalks

7 ай бұрын

Only 2 wars? Check again

@user-tq1qd3iu2t

7 ай бұрын

What you don't understand then is that the wars are their excuse for doing what they HAVE to do which is continually creating ever increasing amounts of currency to keep it all afloat. When they stop doing that it all collapses. Schiff is in lalal land thinking anyone is ever payinmg their debts back when the collapse comes. With what and in what currency and to whom?.

Blessings! Peter said, “we’re too broke to do the right thing!” 😂 I almost choked on my breakfast!

Peter, thank you for all of your hard work and for teaching us real economics as supposed to woke economics, but the best part is learning and laughing at the same time. You are truly an asset to all us.

@beaglepsn

7 ай бұрын

What is good in his teaching if investors in his funds losing by a mile to VTI

You know why this man is this brutally honest, because in the end, he loves his country. There can be know other bigger reason for this kind of pragmatism than that of a true patriot. I too love my country and can only hope that this great experiment of a republic can survive. We’ve come so far in assuring that those first three words of our constitution WE THE PEOPLE included everyone in its promise of a government of the people, by the people and for the people. We can make the hard decisions to ensure that this great republic does not perish and the true creed that Martin Luther King Jr. spoke of becomes again a promise worth fighting for.

@waynez3885

7 ай бұрын

He loves his country so much that he lives in Puerto Rico…

@kevinknapp6837

7 ай бұрын

This^

@BullsEye3333

7 ай бұрын

Peter will be the first one living on the moon if he can save on taxes.

@davidaponte7521

7 ай бұрын

@@waynez3885 Yes, Puerto Rico, whose supreme law is the Constitution of The United States of America. Same country dimwit.

@ef8851

7 ай бұрын

@@waynez3885if he didn’t love his country he’d just leave the US completely. He’s just taking advantage of the best tax code available to him as an American citizen living in the US

Peter, I've learned so much from you throughout the years. Thank you good sir.

Day trading is where the pulse of the market truly comes alive! Every moment presents a new opportunity, and for those with the passion and precision, the rewards can be monumental. It's not just about quick trades, but about harnessing the power of the market in real-time. Dive in, seize the moment, and let every trade be a step towards achieving your financial dreams,I've personally benefited from following Tammy Brockman’s trading tactics, amassing 23 bitcoins in a short seven weeks period of day trading , which speaks volumes about her expertise in the market.

@paniranmpd2519

7 ай бұрын

A lot has changed and that's on everything but the truth is that i don't even care much about bullish or bearish market because Tammy Strategy got me covered, I am comfortably earning monthly.

@Caringtransitionsofmh

7 ай бұрын

Strategy minimizes risk and maximizes profits. Trading with her has been incredible throughout the last few months, and I would recommend her strategy to any one

@Mikemehterian

7 ай бұрын

We can all learn a thing or two from Tammy, her profit making skills is phenomenon. Thanks to her I'm making more profit and getting rich.

@NataliyadiGiovanni457

7 ай бұрын

I agree with you and i believe that the secret to financial stability is having the right investment ideas to enable you earn more

@Danamantilia

7 ай бұрын

Great skills and knowledge about the market. I enjoy full profits and easy withdrawal with no complains, trade with the best.

Common sense is rare but easy to recognise. Thank you Peter.

Another great podcast, I really enjoy listening to you and all the real non-sugarcoated info!! 👍

I was under the belief that the GDP is being fueled by government spending.

Best podcast in a while. You are much stronger when talking to macro rather that micro economic issues.

The real question is, WHO is going to take over after these banks all fail?

@JScottHamilton

7 ай бұрын

Shadow banks. Consumers will go to credit unions and SoFi, while corporations will go to venture debt companies (Business Development Corporations/BDCs) and the commercial paper market.

Hey Peter, if you haven't seen it, a lot of people are talking about the silent recession!

@kevinknapp6837

7 ай бұрын

Chat says SILENT DEPRESSION

I'm not sure my calculations are correct, but here it is- America has reported having 8,000 tons of gold 1 metric ton = 32,273 ounces 8 metric tons x 32,273 ounces = 258,184,000 ounces 33 trillion ÷ 258,184,000 = $127,800 per ounce valuation to pay off the debt An increase of 63 times the current value of $2,000 per ounce

@silverdrillpickle7596

7 ай бұрын

Lmk how that works out for you.

@NooeeeNNN

7 ай бұрын

Could we pay off the debt by selling a U.S. territory? Or annexing an Caribbean island?

@newworldforward1842

7 ай бұрын

Uhmm.. You forgot about the 4 Quadrillion dollars of derivatives. The Dollar will not buy a single gram of gold when this is over.

@johngund9921

7 ай бұрын

Only problem there is no gold in fort Knox or else where for US

@AndyGraceMedia

7 ай бұрын

You're forgetting all the other gold in the world. Considering the Chinese have at least 30,000 tons and have been producing 400-500 tons a year for 20 years, the Russians have produced about 300-400 tons for a decade and have about supposedly about 15,000 tonnes, it really doesn't matter. Virtually none of that gold has been exported and is in the accounts of the citizens and various government accounts which aren't reported to the IMF. OPEC+ hold the biggest card. We know the Saudis are accepting Yuan. If they demand gold for oil from the West rather than USD then that 8000 tons is gone quickly .. assuming it's not already leased out or just gone and being worn already by Indian and Chinese consumers.

Thanks Peter. Always love the podcast. 😊

Well government salaries and opening are increasing while the private sector is decreasing.

@paulozimek276

7 ай бұрын

After the Crash of 1987, the recession after, and the globalization that started during that, corporations packed up and head overseas. Why did the government let companies do anything they want ? There's no more capital generation for the middle class in order to make money to spend it. Everything had to go to China and now they're proclaiming China the enemy ? Corporations got everything they wanted.

The all knowing Schiff! Love your podcasts, please keep them up. Always love hearing from you after a day like today in the market. Also saw your tweet 2 days ago about treasuries and it looks like it’s already coming to fruition

Hey Peter, I usually listen to your podcast on mobile, but just for you, I will hop onto KZread to give you a thumbs up!

Peter - Inflation was created to [default on the debt] bring debt/gdp down, in the 1940s. '41 - 11%, '42 - 7%, '46 - 18% !!!, '47 - 10% - and averaged 2-3 percent the other years of the decade. This is what they'll do now. Repricing gold could also be a part of this debt default.

I always agree with your analyses, Peter. I'm amazed at the new shenanigans they create to keep it all up.

Peter would love to see your reach go even further...i think having these episodes chopped up into youtube shorts and IG reels would do great to drive traffic. Also, some really interesting thumbnails could do you well!

We need flat-out deflation. If you want these interest rates to stay the same which means that you have to have a producing economy of goods and services and have enough abundance of everything to drop the price. But that's not going to happen

@Eggfartman

7 ай бұрын

The system can’t handle deflation. It will break it

The problem with the crisis is that the government will do anything to redirdct the focus somewhere else as long as possible. They are going to start new conflicts all over the globe and probably even start a major w*r before letting the crisis escalate domestically.

@s._3560

7 ай бұрын

And the populace will pay for these senseless wars with their young lives.

The population make up of Argentina is more similar to the US than to Japan ‘s

Peter's first thought out of bed, "Wow, hope the market crashes today."

@Jalleur14325

7 ай бұрын

😅 actually if the market crashes Peter will stand to lose like everyone else. A big crash in any major market will have a domino effect on the rest of the world.

ofTHIS used to be one of my most watched YT channels... sadly, it's been a while since i visited it has been a very rough year... i am experiencing one of the toughest phases my life... Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround.

@amymansfield8184

7 ай бұрын

It's the market if you don't leave during the bear, you will be fine. You should have done a proper analysis of the companies or worked with Adam Brossard Wright, or any other sec regulated advisor. They are really trustworthy with low charges. As a beginner investor myself, I have made over 45K in a few months of coping Adam's investing positions. In all honesty, I wish I had known about him earlier.

Peter there’s no one like you-indispensable info and ideas. Thanks!

Great pod cast. Thanks Brother.

Bravo! You hit the nail on the head.

Since Biden took office, things in America have been going downhill. We're too fixated on the economy crashing, but this government has made life really tough for its people. Rent, food, and utility costs have shot up, more than doubling in the past year and a half. The less fortunate are feeling the brunt of this hyperinflation. Honestly, I don't care about predictions. I just want to grow my portfolio. I've heard folks are raking in massive profits despite the downturn. Any tips on how they're pulling it off?

@Ashleycorrie8494

7 ай бұрын

I totally understand where you're coming from! Growing your portfolio is key. One strategy is to diversify your investments across different assets like stocks, bonds, and high-yield dividend funds. This can help balance the risk and potentially increase your returns. Another great idea is to seek the help of a professional financial advisor like Samuel Peter Descovich. They can provide guidance on how to make the most of your investments.

@Rhgeyer278

7 ай бұрын

It's always smart to have a financial plan in place. Working with professionals like Samuel Peter Descovich can provide valuable guidance in managing your portfolio and maximizing income through fixed-income investments. Diversifying your portfolio with both equities and fixed-income assets is a wise strategy for stability and income generation.

@PennyBurdick318

7 ай бұрын

Thank you for sharing, Your coach was simple to discover online. I unwillingly copied and pasted his complete name into my browser, and now his page is at the top! And I wrote to him. He appears knowledgeable based on his online resume,incredibly great and helpful, far above expectations

@allympili3437

7 ай бұрын

Yeah for real,Samuel Peter Descovich, is one asset manager that gives the breakdown of everything on how things are done, joining an effective financial community can be 100% beneficial when joined properly that's all I can say out of experience..

@MichealTanner141

7 ай бұрын

Found his website easily. It was like the first thing that came up when I searched his name. I'll surely touch basis with him to see what the best step is for me to take right now. THANK YOU!!!

Keep on purchasing pm’s.

I hear you...I follow you...and I'm listening! We're with YOU!

Give Peter a thumbs up... his hard work and dedication to help save people's livelihood comes at a cost to him (his time) and not the viewer! Thanks Peter!

Crash market fatigue is showing with most people. Most are so tired of hearing about the worse even though its true. We are being boiled slowly in the pot! I want to diversify my $250k portfolio.

@arthurworld9768

7 ай бұрын

predicting short-term market movements is extremely difficult in reality. It also essentially requires the investor to be right twice: they must perfectly time both their entrance to and exit from the market.

@rebeccaartgallary

7 ай бұрын

Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.

@Andreallln

7 ай бұрын

I hope you don't mind if I ask you recommend this particular professional you use their service? I have quite a lots of difficulty sorting myself out in this downtime.

@rebeccaartgallary

7 ай бұрын

I have been working with "Monica Amanda McClure" whose expertise in portfolio diversification is unsurpassed and client-focused, I have made more profits with her guidance than I ever did when I invested on my own using KZread.

@Andreallln

7 ай бұрын

copied and pasted her name on my browser, came top search, I've seen commentary about advisers but not one that looks this phenomenal, I set up a call with her, very much appreciate it

Peter is my rabbi of knowledge. Listening to him is as if in schule.

Thanks Peter

Radical Truth teller, Thanks for giving us the raw and uncut

Peter, setting aside the Fort Knox gold. The data says the federal government owns about 640 million acres of land in the United States, about 28% of the total land area of 2.27 billion acres. Surely there's plenty of desirable land there we could auction off to private hands. We could also auction some government owned companies like USPS and Amtrak.

@ross2521

7 ай бұрын

There is no Gold.....

Miners Have To PAY Higher Expenses Now, As OIL Is a Very High Cost/Expense for the Miners.

I've been saying the USA is becoming Argentina since I moved from Argentina to the US when I was 12 years old. Same movie same ending. Extremely sad.

189 "thumbs down?" I wonder what they could possibly dislike about Schiff or this video specifically? Keep up the good work Schiff!

Debt does'nt matter chicken little🤣just ask the countless businesses that have gone bunkrupt. Jokes aside, thanks Peter for your free college degree in economics & finance🍻

No one hit the like button until Schiff gets back at bare minimum to asking for it.

@rogerburn5132

7 ай бұрын

You are wrong. I always hit the. Like ( thumbs up) I Don't need Peter. To tell me to do it

@andromeda1439

7 ай бұрын

No

@waynez3885

7 ай бұрын

Hahaha too funny

@kevinknapp6837

7 ай бұрын

O-L-E school

@Jalleur14325

7 ай бұрын

😂

Good job, interesting and thoughtful episode

Peter Schiff you rock !!

I paid off $3k in debt while I listened to this, the goal is to pay it all off by the end of the year so I can get back to investing in gold and off shore stocks that pay dividends.

@newworldforward1842

7 ай бұрын

Pay off the debt. But hold only real stuff, no paper! Buy real things, not investment products.

@ErikaFlores-px9gs

7 ай бұрын

Which off shore stocks are you buying?!?

@vladislavkorsakov8895

7 ай бұрын

It may be too late :(( i regret not buying enough gold all these years

@newworldforward1842

7 ай бұрын

@@vladislavkorsakov8895 If you can still buy some it's not too late. Too late is when you can't buy any for any amount of currency.

@ryantourney2879

7 ай бұрын

What is your favorite mining stock at this moment ?

I believe that gold would have to be valued at about $130,000 per ounce if the USA's 8000 tonne stash of gold has to be used to pay off a $33T+ debt, not $20000 per ounce. 8000 metric tons * 1,000,000 gm/ton / 31.1 gm/ounce * $130K/ounce = $33.4T. I now see that somebody else did the same calculation!

@murryfaquar7873

7 ай бұрын

Bitcoin 3.0 😂

@BullsEye3333

7 ай бұрын

@Aphantasic Your calculations are worthless because gold hasn't been money in a long time and it never will be again. Gold is just a commodity so $127,800 for an ounce of metal is insane.

I appreciate how Peter admits he didn't realize they could get away with it for so long. I remember him in 2002 then I got lost in my career but watched my gold and silver stocks languish. The more I learned about Peter, his dad and his bank the more I learned about the system. Thanks for sharing your experience and insights.

Thanks Peter, you always know how to make me feel better.

The gold will be needed for a new monetary system once usd is worthless. Best not to sell it.

Did Art Laffer ever pay you that penny?

Keep it coming!

Thank you Peter 👍

I’m 67 on pension my portfolio has been down for 3 years it’s now to half what they were paying now inflation is up 100% at the grocery store .24 is going to be the winter blizzard of the century In economy.Everyone is bankrupt city 😢

@newworldforward1842

7 ай бұрын

Yes, you need to look at getting supplementary income. Work a few days a week. Make sure you still have some marketable skills.

@ryantourney2879

7 ай бұрын

If you're interested in spending ONE HOUR of your time to listen to THE BEST mining company story I've ever heard, let me know by responding. You can watch a video of the company's largest shareholder describing the merits of this company and why its also his largest position. Its my biggest holding by far as well...but tiny compared to its largest shareholders.

My stock portfolio is now a poortfolio :(

One of my greatest teacher 😊

Superb Analysis and Forecasting!

Thanks Peter for helping us prepare for the future.

I love how this guy never prepares a speech or anything he can just talk for days and days.

@ppierodds

7 ай бұрын

yeah hes great , impromptu peter he kills it every time.

Great words of wisdom, couldn't agree more.

Thank you ❗ 👍 GOLD FOREVER! 💪 📈

With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio.

@CharetteRose

7 ай бұрын

The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

@Lettogle109

7 ай бұрын

very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance to make a from a financial-advisorr, you can be passively involved with the aid of a professional.

@gracegomez109

7 ай бұрын

wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio

@Lettogle109

7 ай бұрын

LINDA PEREZ LEWIS That’s my licesed Financial advisor you can easily look her up, Thank me later!

@gracegomez109

7 ай бұрын

Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up a phone call.

Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.

@Natalieneptune469

7 ай бұрын

Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals

@PhilipMurray251

7 ай бұрын

Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

@Patriciacraig599

7 ай бұрын

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

@PhilipMurray251

7 ай бұрын

There are a lot of independent advisors you might look into. But i work with NICOLE DESIREE SIMON and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her

@Patriciacraig599

7 ай бұрын

I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.

Peter, spot on as always. Concerning possible larger bank insolvency, lets say you had cash available at one of those banks and a 3.5%home loan at another. Would bank insolvency on either side change your mind about slow paying the loan vs paying it off and getting the title?

Peter, one of your best podcasts ever. Sent you an email. We are not in 2007. We are in right now Oct 08 or late September at the earliest. All chart momentum is smashed and snowballing downhill rapidly. As you say, only the Fed with QE and lower interest rates can stop this. If the Fed continues to do the right thing (eventually they won't), but if we pretend QE and low rates never return then this market currently is light years away from market bottom.

@marquisway6022

7 ай бұрын

So when did the crash happen because in 0ct 2008 the unemployment rate was 7.3. Right now our unemployment rate is at 3.8

Eye-opening insights on the hidden realities of the U.S. labor market and the looming recession. This is a crucial time for strategic financial planning, especially with the volatility in equity markets and the promising outlook for gold and Bitcoin. Crypto offers a unique investment landscape that's not tied to traditional market forces. In a world brimming with economic uncertainties, crypto assets like Bitcoin and Ethereum provide a hedge against inflation and a new avenue for portfolio diversification.. I've personally benefited from following Tammy Brockman trading tactics, amassing 21 bitcoins in a short two-month period, which speaks volumes about her expertise.

@Danamantilia

7 ай бұрын

Wow. I'm a bit perplexed seeing Tammy Brockman been mentioned here also. Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super....

@NataliyadiGiovanni457

7 ай бұрын

Hey - I've been hearing about Tammy for a long time now. Started during the pandemic and I've heard of how accurate her signals is.. I really do appreciate hearing your advice and feel that it is genuine

@Olegzubchenok

7 ай бұрын

Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon

@Caringtransitionsofmh

7 ай бұрын

Tammy have been my backbone for about a month now. They’ve earned me many proflts.

@Bobsager86

7 ай бұрын

I never believed that i could make profit from bitcoin trading until i came in contact with Tammy .

Amazing info Schiff. It’s no longer a story that the world is experiencing a global economic downturn, I’m so happy that I’ve been receiving $74,000 from my $10,000 investment every 7 days

@anthoniobryan5805

7 ай бұрын

Investing in crypto now should be in every wise individuals list, in some months time you’ll be ecstatic with the decision you made today.

@edwardwilliams345

7 ай бұрын

Literally, Crypto is gradually bringing a different revolution in the world economy. People who are optimistic investors earn consistently…. others will sit and watch. Already making over $127,000 profits 😊

@mshaydee-fh8ew

7 ай бұрын

Honestly I must say that Ms Glenda is just a God sent to many people. I also got started investing with $2000 after seeing some good recommendations and testimonials about her. Her expertise is top notch.

@nelson9998

7 ай бұрын

How do I get started? Would love to make more money 💵 here

@neall124

7 ай бұрын

Honestly, I would like to announce that I am OFFICIALLY $25000 away from becoming a 6 figure forex trader! I started with $1,000 52 days ago!! Officially had my BIGGEST trading day EVER as well!! GLORYYY TO GOD!!!!

Excellent Peter!!!

LOVE this man !!

how does a government pay off a huge debt...hyperinflation....every time

Peter’s analysis is spectacular

Apart from the economic issues i would love to hear from Peter his opinion about the geopolitical problems that we all are facing now. Please dont get me wrong Pete, i am a massive fan. Have a good time everyone.

PETER SCHIFF IS RIGHT IN 2008 - 2009 I VIEWED PETER SCHIFF ON CABLE TV LIVE -- ON MOST OF THE BUSINESS NETWORKS 👀

Spot on Peter

I would say , thats a brilliant observation !

On fire in this podcast

Every time I go to the Perth Mint as I live close by, is so quiet, one day there will be lines going around the corner, not far away I think.

@mareemajalan

7 ай бұрын

I totally agree! Thats what i thought when i went to buy.

Mr. Schiff educated whole generation.

Wow this video opened my eyes! Time to get ready!!!!😮😢

You made a copy ! Classic Peter

Awesome podcast Pete! Gold too the moon! 5000$oz here we come 🔥