I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these times.

Really where are investors putting their cash? Isn’t it crazy how mortgage rates continue to rise with higher imports and declining exports, but the FED is yet to lessen cost. Something will eventually break if they keep raising interest rates and quantitative tightening.

Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.

I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.

Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.

In Canada, the government has accused grocery stores of price gouging their customers while running the biggest deficit in history and overtaxing everyone. They even brought the CEOs of grocery chains into the parliament and asked them to come up with a strategy on how to reduce prices. As you might have guessed, nothing came out of it and grocery chains announced that they will raise prices even more.

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

“You are either investing or letting inflation eat away at your purchasing power” saw this somewhere and it really resonates with me. I have about $300,000 sitting in a HYSA and I want to invest it. Where would you invest this as of now?

"I never hear announcements that companies are looking to hire a bunch of workers..." Your sponsor is INDEED!

Definitely already in a recession, and a depression is not far behind! "We know they're lying, they know they're lying, they know that we know they're lying, but they lie anyway"...🤔

Public sector jobs dont produce anything. Thus the more of those we have, the more inflation we get. Also public sector jobs dont allow for corrections, they keep getting a salary even if the task they are doing is loss making. In the private sector if someone was not productive or doing loss making work they would soon be out of work, thus be unable to spend until they found something productive to do. This doesnt occur with a public sector job.

Nah, I actually think the opposite. Now is the best time for investors who know where to look to put their cash to work rather than allow it lie waste to inflation. Recently Invested about $350k of my savings in some stocks and already getting insane ROI. I just need ideas on how to navigate the bear markets and other sectors to diversify

There is a famous French economist, Thomas Piketty. He went over all the tax records of France and the United States. These two countries have the oldest tax records that go back all the way to the 1700s. What he discovered was that currently US has the same level of wealth inequality as France just before the Revolution! Now Piketty is a critic of capitalism, so he does have an agenda, but the numbers seem to check out. The other thing is that American political scientists have discovered is that US has gone much deeper and much longer political polarisation than any other advanced democracy. No one trusts the politics, the media, the Fed and so on. Just look at the survey data. Trust in everything is at record lows. So what I'm driving at is, imagine what will happen when reality asserts itself. The economic meltdown happens during all this political dysfunction. You are going to have Powell dragged into the guillotine! If you are a man (or woman) of property, you need to get out of the United States. Forget the Dollar, the Union itself is going to have an extreme crisis.

Peter Schiff has for 15 years or so claimed that "the market is wrong". But isn't the whole idea of investing to buy assets that increase in price, i.e. that the market will value more highly over time? That in turn means that the market CANNOT be "wrong" over time. it is Peter who is wrong.

Peter's listeners must have Stockholm Syndrome or something. No one continues to follow someone whos consistantly given such terrible investment/savings advice without having a mental condition. I know i have it. By the way, bitcoin surges almost 20% in a week to $50k and Peter doesnt even mention one word of it. Talk about silence being deafening.

As soon as Peter Schiff said gold is holding above $2000, it breaks down below. This guy is the greatest contrarian indicator. IDK why he chose his last podcast to point that out but this is a God given talent.

America is dying. Roads- terrible. Food - terrible. Service- terrible. Economy- terrible. That's it

Why must inflation rates even be 2 percent? Why not shoot for 0, or maybe 1% if the economy is extra strong?

Gold under performs going into the recession, performs well coming out the other side.

all i can see is mass lay offs right around the corner and household debt at a level where 1 income can not keep it alfloat, its bad whats coming.

They say that consumer is doing good; yet consumer debt crossed $1 trillion; How the F is that good?

Joe Biden taking the competency test would be a great Pay-per-View event! Another episode of Idiocracy.

Peter "broken record" Schiff, your podcast is useful if people take opposite advices. Every bird on the branch knows stocks always beat inflation by a significant margin, and gold barely beats it. You are a charming speaker and great salesman, I give you that.

Thank you for carving out time to educate your listeners.

Did a Costco run today, purchases were items that I will NOT consume for a year or so; my message to all is: monitor those expiration dates. In the past a 2 year out date on most items, today it is down to one year, I purchased items over a year ago that expire in 25. Question is are they lying or is it older stuff?

Peter, if your scenario is CPI staying above 3.1% forever, then this means no rate cuts at all this year. This is extremely bearish for gold in the next months as the market gets constantly disappointed. If that's what happens then the right strategy is to wait several months for

Thanks Peter, I needed that pep talk !

Impeach Uncle Sniffy. 🇺🇸

Toilet paper the same price at Walmart that has been for months. Maybe 50 or 60 cents up. But the point remains it's relatively stable. That is until you look at the square footage of the toilet paper roll packages. And then you realize for toilet paper we've had over a 30% increase in cost over the last few months

The best is the indeed infomercial in the middle of the doom and gloom 😂

Tight monetary policiy vs Loose fiscal policy, basically we are going nowhere until something affected by Tight monetary policy breaks.

Peter is incapable to change his views, even when the facts change. He has been promising that 'gold will go trough the roof' forever. Well, we're still waiting. Also recommending to buy miners is borderline irresponsible, given that that industry is historically been horrible and very risky. Yes, every now and then you can find some 10-100 bagger, but the odds aren't very great. Although some macro points that Peter makes have validity, I would not listen to him for any financial advise, only for entertainment purposes.

I like listening to Schiff, but I'd be broke if I listened to his advice for trading. At least if my hold time frame was less than a few years.

This economy is frustrating me. I'm holding silver and need cash. It's like the rich are watching me and when I sell it'll go through the roof.

Only price pays Peter. Follow price not what you think should happen.

i am already using toilet paper twice

As long as the government spends and prints, raising interest rates will be useless.

BUY BITCOIN!

You're so much fun to listen to on POLITICS! 😁

When I seen the NYSE today I knew Peter would be talking about it

Gold dumping should give you a clue that when the markets dump so will your metals. Wait for a crash then buy gold. Not now with peters advice.

Poor peter has to stop counting the days gold was over $2,000.

I would like to see Biden tell municipalities to stop raising property taxes.

If inflation threat is great then gold will go down. That much should be obvious.

I've been following Peter since 2010. I can confirm that he's been comply wrong on Bitcoin and Gold stocks. Gold stocks are the worst performing assets over the past decade.

Nothing on Tucker putin interview?

Correct me if I'm wrong but gold & silver stocks have been among the worst performing on the markets for years. Look elsewhere because it's dead here.

America's greatest economist = Peter Schiff

In this episode, Peter does a victory lap over inflation.

If the childish kids would read Peters books and the books he has read, they would have a clear understanding of economics.

Thanks brother, keep up the good work

Ron Paul is in his 90s and still sharp as a tack

Wow you nailed this one. So many greats points

need new law on senitors working for any company they take payment from after holding office. Everyone need to read and learn about dark money act.

Oh dont you worry about a thing Mr. Schiff they ain't letting old Joe anywhere near the launch codes😁

I really don't understand this shenanigan: They take CPI, exclude food and energy and call it Core CPI. You can't live without food and energy, but you can live without the things in Core CPI. So Core CPI shoud be food + energy + maybe rents. Not the other way around as it is now.

Peter the market isnt wrong for the past 15 years, YOU ARE.

Peter needs to remind everybody. The inflation figures do not calculate in three biggest areas of spending for most... Fuel, rent or mortgage and food.

What is not spoken about is who will loan the US the trillions it depends on ?

Weimer Republic...just got a quote for plumbing job 1-2k job max....quote came in at 45k.

Losing the yearly open is never good Peter. Gold is well below the open now.

Awesome video!

Love this video, thanx so much. But what about the effect of the contraction of the money-supply? It could very well cause futher reduction of the inflation level, coudn’t it?

Thank you very much...

This is a F*¢king Twilight Zone Alfred Hitchcock could not even imagine!

Peter, talk about the half trillion (506 billion) increase in monetary base since February, of which 470 billion is attributable to the creation of bank reserves. This is QE by the back door. I would post a link to the article but youtube won't let me and my comment gets deleted.

Peter said the fed is politically motivated, which is the definition of a conspiracy, but also states their is no conspiracy to manipulate pm's. Makes about as much sense as saying one country has the right to self defense but not another. Limited Hangout.

The investment you choose isn't right or wrong, just depends on the kind of business person you are or simply the kind of person you are. However, the end game is investing money long term creates wealth every time. Just pick what you like and understand, invest and it will pay off. A lifetime of investing for 5 mil is not hard to accrue.

Dunkin donuts doesn’t even put jelly in the jelly donuts anymore not to mention the size of the donuts reduced 15% as well

All therapies help some ONLY when your food intake is sound. In USA all fast food and processed foods are age killers.

At this point, I wouldn’t be surprised if Taylor Swift ran for president. Her campaign line would be “I knew you were trouble”.

My biz has been walloped this year so far. Phone just not ringing.

In Schiff we trust! Buy BARRICK GOLD. ❤❤❤❤❤

The data is better than expected if you own TIPS or I-Bonds. hehe

The real nominee is RFK Jr. Think about it via all angles. Started as a democrat but then he left to be an independent.

Gold is an investment for long term. Peter never said to trade it for short term gains. He also stresses to use extra money you don’t depend on. Look at a stock chart of Gold. From 2011 until today it’s made a cup and handle. In the last three years it’s been consolidating with strength. The time horizon is years, not days or weeks. When it takes off it will produce results. But to predict exactly when it takes off is impossible. I’m in no way advocating for Peter. I used to be his biggest critic from 2020 to 2022. But his analysis on inflation has been spot on. And everything he says makes sense.

Peter is right when it comes to companies having to adjust to inflation, but 1 thing he's wrong is where those big corporate conglomerates rather not raise prices. Sorry Peter, you're wrong on that one. They will rip people off at every opportunity given.

Let me guess, they only way to protect yourself is gold

A Valentines day show, Wow always working, always look forward to your videos. Yes Peter taking awhile. Use to have an ad on TV sayin " it wont happen overnight but it will happen"

The corporate world welcomes inflation as it increases their profits (since they can charge higher prices for their products), but the salaries of their employees are generally not increased to match inflation.

Your 💯 right Peter

My daily red light therapy is FREE from the early morning sun. Perhaps Peter gets the bed free because they advertise with him, but why would anyone buy one?

Love how you see all the problems and have the same opinion as the bitcoin folks. Dont agree on your arguments against it, but I still respect what you are doing 🖖

Bidenomics is not a failure. This is deliberate.

Can tell you haven’t requested we hit the like button lately Peter. You’re slipping buddy! Love the deep dives you can do now and get into things from a more personal standpoint now that you don’t have the FINRA crap to deal with. Peter’s leveled up. The gloves are off! 🙌

Could you give me a name of the president (let's say after Kennedy) who was in charge of making decisions on matters of policies both internal and foreign? In other words, is it really a president who rules the country?

Peter you should have someone add topic timelines to your videos!

Peter can you talk about the average long-term returns of your mutual funds that you offer and how investors would have done over the years if they followed your investment philosophy?

44:33 Insanity. We are doomed. WTF happened to this country?

I just started my 3rd business this year. I definitely have business coming in, unfortunately it’s extremely hard to make any money right now with interest rates, supply prices and fuel costs. And I can’t afford to hire people full time. We’re just treading water til something gives.

“stop right at 2%” 😂😂😂 Peter is too funny

I don't know how people think inflation can come down while the government keeps on spending like drunken sailors. As humans we are creatures of consequence and tend to react after it's too late.

Peter's big mistake is claiming that gold is a hedge against consumer price growth. It is of course not. It is a hedge against monetary inflation, but most of all its price reflects geopolitical risks. This is why the gold price is higher now than before the Fed raised rates. It is due to increased risk of major wars having gone up a lot and expectations of monetary easing.

Please cut out SPONSORS!! Arent yt commercials enough for you?

One of the biggest parts of the CPI is taxes, and the government never plugs that into their inflation calculation. Government causes inflation in many ways...printing money but also sanctioning Russian natural resource exports creates shortages, and drives up prices to us.

Schiff doesn’t miss

Harry Dent said to buy treasuries when they were at peak. You would be still holding them today. No disrespect to Harry Dent, but he did mess up there big time. And everyone knows that when Cramer says buy a stock you short it, and when he says sell you buy it. No disrespect to Cramer either, he’s very knowledgeable and passionate about the markets. He’s almost like a computer when it comes to his insight on companies.

Np one seems to be taking into account the holds on Federal spending that have been repeatedly imposed by Congress over the past several months because of partisan disputes that have prevented the "release" of much Federal spending. For example, the hold on aid to Israel and Ukraine. Even greater restrictions on Federal spending have been placed by the laws repeatedly passed by Congress that limit Federal spending to short periods of three to six weeks until the Republican demands for spending cuts are at long last accepted by Congress and the President. If the two parties keep kicking the can down the road without reaching agreement on spending cuts, Federal money will only be relased in dribs abd drabs. That creates and artificial limit to inflation that will disappear once the two parties finally agree spending for this fiscal year. Once all Federal funds that have been appropriated are finally released, inflation will jump.

If the FED makes their decisions based on the current temporary political situation that means they don’t care about the country but only for temporary politics. This should be another indicator that what they do or say is a charade.

Never buy crackling from a Moel.