Q&A With Peter Schiff

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Peter Schiff

Peter Schiff

Күн бұрын

This is a 10 minute sample clip from a recent Q&A only available to members of my Locals community. Visit schiffradio.com/premium/ to become a member.
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Пікірлер: 311
@kortyEdna825
@kortyEdna825 5 ай бұрын
High prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.
@Pamela.jess.245
@Pamela.jess.245 5 ай бұрын
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 resume.
@Pamela.jess.245
@Pamela.jess.245 5 ай бұрын
@@elenafernanda881 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 resume.
@numanakdeniz
@numanakdeniz 6 ай бұрын
E-commerce tokens are booming. ARH50X will go 50x after the launch.
@fun782house
@fun782house 6 ай бұрын
Save your money that craps fraud
@johnsondailysports1341
@johnsondailysports1341 6 ай бұрын
Peter Schiff the man!!!
@user-vb8yf8be3l
@user-vb8yf8be3l 6 ай бұрын
To fix the dollar to gold you would have to guarantee the price of gold at a certain amount. You cannot have a dollar changing price every day
@ho2673
@ho2673 6 ай бұрын
You need to go to The Joe Rogan Experience again soon. A lot of people need to listen to your very good perspective, even if they disagree.
@Shuguiis
@Shuguiis 6 ай бұрын
Thank you for sharing this Peter
@SachsRealty
@SachsRealty 6 ай бұрын
Great q&a !
@_Stay_Curious
@_Stay_Curious 6 ай бұрын
Woah, I didn't expect Sachs Reality here. I watch you too.
@SachsRealty
@SachsRealty 6 ай бұрын
@@_Stay_Curious Awesome! Thanks so much for letting me know. I just got back from interviewing Peter in San Juan. Posting his video on Saturday on Sachs at 9:30 am et. Hope you enjoy it. Peter is super smart.
@HPM619
@HPM619 6 ай бұрын
Yay another video! 🎉🎉🎉
@syedmohiuddinahmed7314
@syedmohiuddinahmed7314 6 ай бұрын
Peter Schiff is the Champion of Monetary and Financial Worlds. 👍👌
@0YEmre
@0YEmre 6 ай бұрын
He's so happy about the Recession coming in, like he's super excited to be witnessing it.
@peterjohn7045
@peterjohn7045 6 ай бұрын
Yeah well it's not like not being excited or making money out of it will change the outcome. So can't wait either!
@SJD88_CFC
@SJD88_CFC 6 ай бұрын
When all your favourite companies are on sale it’s a good time
@_Stay_Curious
@_Stay_Curious 6 ай бұрын
Peter, will you explain in detail on your podcast how the banks are losing money by holding those low-rate 30 year mortgages?
@honestcharlie51
@honestcharlie51 6 ай бұрын
I mean, they sell the mortgages to the federal reserve, right? How much of the deficit interest doesn't have to be paid by the government because the federal reserve loaned the money?
@_Stay_Curious
@_Stay_Curious 6 ай бұрын
@@honestcharlie51 From what I understand, the government (Fannie and others) buy some of them. But I'm just trying to understand the technical side of how banks are losing money every month with these mortgages. I know it's true, but I just need to understand how.
@weignerleigner3037
@weignerleigner3037 6 ай бұрын
They sold the mortgages at rates lower than the inflation rate. So they have millions of mortgages that by the time they are paid off the bank will have a sum of money that won’t be enough to make up for how much they lost due to inflation. So if I have a house worth $100 and it’s a 30 year mortgage at 3%, but the inflation rate is 10%, the money you make in the end will be worth much less than what it was when you lent it.
@_Stay_Curious
@_Stay_Curious 6 ай бұрын
@@weignerleigner3037 That all makes sense, thank you. But is this tied in with the federal funds rate?
@weignerleigner3037
@weignerleigner3037 6 ай бұрын
@@_Stay_Curious the fed funds rate is the rate at which banks receive money from the govt. before they were getting money basically for free hence why rates were so low. Now they have to pay higher interest on that money so they lend out money at higher rates so it affects us more than it does banks. I’m certainly no expert tho so there could be more involved but that’s my basic understanding of the situation. The real issue I see with banks is what they’ve invested in in the past decade is gobbledygook. Very high risk companies. A lot of tech. Look at the top tech companies 30 years ago and look at them now they changed completely. So they have a lot of risky assets and investments that will probably hurt them long term.
@S2GZEUSg
@S2GZEUSg 6 ай бұрын
ARH50X at less than $1. is like BTC at $100. When ARH50X finally blows it's gonna be epic.
@briangranger1741
@briangranger1741 6 ай бұрын
gold to 3k 2024 = miners 150% gains
@DeeBow06
@DeeBow06 6 ай бұрын
🙌🏼
@0e32
@0e32 6 ай бұрын
Hi from Sweden..
@markdavies4123
@markdavies4123 6 ай бұрын
In SCHIFF we trust
@polarroller
@polarroller 6 ай бұрын
I agree Peter, the government destroyed your bank because you were doing the right thing.
@fu4616
@fu4616 6 ай бұрын
The government is owned by the Cental Bank (CB) and the CB doesn't like others playing in their sandbox.
@thecolinix208
@thecolinix208 6 ай бұрын
Super hyped for ARH50X , a L3 DEX with native swaps between BTC, ETH, USDT, etc. (No more wrapped IOU's and massive gas fees)They use lightning and connext state channels which allow for zero gas fees, fast finality, and increased privacy. Main net coming supposedly soon, easy 100x.
@ValMartinIreland
@ValMartinIreland 6 ай бұрын
Peter, could you do an information video on shorting. How does it work?
@Pesreis
@Pesreis 6 ай бұрын
Part of a very important coin been talked about in the BCL
@mikeappleseed5869
@mikeappleseed5869 6 ай бұрын
Great video. How does one buy underpriced gold 👀
@norfadliabdullatif3097
@norfadliabdullatif3097 6 ай бұрын
Here in Malaysia we have already used digital gold back by physical gold. Quantum metal is pioneering digital gold.
@maxthemagition
@maxthemagition 6 ай бұрын
A currency based on printed paper is just like Monopoly money. A currency based on Gold is something different……Solid and strong.
@gfcardi
@gfcardi 6 ай бұрын
Hey Peter! If using silver (local shopping, farmers markets) Eagles or Rounds?
@MeZzZzZzZzZzZzZzZzZ
@MeZzZzZzZzZzZzZzZzZ 6 ай бұрын
Wheres the monday show peter, this aint a subsitute.
@ameristralia
@ameristralia 6 ай бұрын
Please start out with a couple commercials 😂
@JoaoBatista-yq4ml
@JoaoBatista-yq4ml 6 ай бұрын
It's BAM to the B-E-E
@_Stay_Curious
@_Stay_Curious 6 ай бұрын
I miss the underwear commercials.
@bbustin1747
@bbustin1747 6 ай бұрын
I like Michael Jackson’s hyperbaric chamber to lengthen my telomeres and thereby, my life. Just stay away from the Propofil. And you’ll live long and prosperous life 😂
@sethgoldberg
@sethgoldberg 6 ай бұрын
if you hire you need Indeed
@MrKunduz
@MrKunduz 6 ай бұрын
All of them are really nice picks. But the potential of project that elegantly combine blockchain and AI is Amazons ARH50X and should not be overlooked, I guess. Among them, this truly tackle real-world problems and have vibrant ecosystems, like Aiwork.
@Bugs11000
@Bugs11000 6 ай бұрын
The best thing to save on is cash. If you go and do your grocery with an ounce of gold, there's not a grocery store that would accept gold. Same thing for fuel. You need cash, forget gold.
@migooknamja
@migooknamja 6 ай бұрын
Gold is a savings vehicle. You can sell at any point and get cash. Cash will lose value while gold will gain value
@L4zyC47
@L4zyC47 6 ай бұрын
Problem is: if Cash is losing values rapidly due to inflation, then even if you have cash, you still can't go to grocery if you are not making more money than the rate of inflation. Imagine if eggs tomorrow cost $10, then next month is $20....
@stiffdrinkfinance1981
@stiffdrinkfinance1981 6 ай бұрын
Peter, the 2 year treasury note just spiked (yields down), is there something happening in the treasury markets? please do a video on its implications, is the fed about to cut rates?
@davidelliott2485
@davidelliott2485 6 ай бұрын
Where’s the podcast??
@mrmikesbigadventures8116
@mrmikesbigadventures8116 6 ай бұрын
Please provide info on BRICS
@prakash.srn.17
@prakash.srn.17 6 ай бұрын
They’re a bunch of idiots who don’t like each other
@patricklongshanks378
@patricklongshanks378 6 ай бұрын
Due for a new q and a!
@Bubbles-cn4dp
@Bubbles-cn4dp 6 ай бұрын
Smoking a backwood and listening to My homie Peter
@helpyourfellowhuman
@helpyourfellowhuman 6 ай бұрын
👍🏻
@wadut7261
@wadut7261 6 ай бұрын
Why is your last Q&A nowhere to be found on locals?
@user-mu5hn7yo8q
@user-mu5hn7yo8q 6 ай бұрын
Peter (or anyone on here who knows): I have a couple questions that I cannot find answers to: 1) Are the big banks forced by the Fed to buy Treasurys at auctions? 2) If no one at a Treasury auction bought the Treasurys, is the Fed required by law to step in and buy them? Anyone who answers: Thanks!
@marcusmossuto
@marcusmossuto 6 ай бұрын
Also that bailout program allows any bank to redeem the treasury at the fed for face value even f it worth less to in the marketplace.
@livingtreecompany
@livingtreecompany 6 ай бұрын
SchiffHeads!!!
@sterrshow5016
@sterrshow5016 6 ай бұрын
Peter, do you think gold will go up in price? You haven't discussed it on your podcasts
@mikeoz4803
@mikeoz4803 6 ай бұрын
Good old Peter. .....screwed his clients because he held on to a relic called gold instead of buying Bitcoin!
@Juan-xn2nt
@Juan-xn2nt 6 ай бұрын
Will you say anything about first Libertarian in the world that's going to be a president (Argentina)?
@webcomber
@webcomber 6 ай бұрын
Love the Peter Schiff show! BItcoin collapsed 2% today as the race to zero accelerates. Peter was right again!!!!😃
@BullsEye3333
@BullsEye3333 6 ай бұрын
@webcomber 2:24 HAHAHAHA!!! Poor Peter can't have a bank or a gold backed crypto because of the government. Gee, if only there was a form of money that nobody could print and the government couldn't shut down. Oh yeah, BITCOIN!!!
@webcomber
@webcomber 6 ай бұрын
@@BullsEye3333 Peter will buy BTC when it's $5 million.
@BullsEye3333
@BullsEye3333 6 ай бұрын
@@webcomber I think Peter already has a ton of bitcoin. Peter is obviously very smart so I think he knows that bitcoin is much better than gold. So he lies to his listeners because he doesn't want them to make the obvious trade of dumping gold for bitcoin.
@webcomber
@webcomber 6 ай бұрын
@@BullsEye3333 Possibly, or his ego is so inflated that he can no longer think rationally about one of the greatest historical changes in monetary history, and will cling to gold until the bitter end.
@apertureonline9566
@apertureonline9566 6 ай бұрын
Peter ive been trying to mine gold, theres more infrastructure its better then oil i think. Taking a bit im using nitric acid to purify it
@eronreyes26
@eronreyes26 6 ай бұрын
What do you think about uranium stocks?
@truffleturkey7
@truffleturkey7 6 ай бұрын
Have you read, “The Great Taking”? If not, you should. Would like to know your thoughts. Especially, given your personal experiences.
@sumthinfresh
@sumthinfresh 6 ай бұрын
Remember when you said the Fed couldn't raise rates that it wasn't possible? You may not remember because it was over a year ago and here we are.
@FATHERTiME-jo6zj
@FATHERTiME-jo6zj 6 ай бұрын
It's always opposite what the government says
@ChadSchubert-oo3qq
@ChadSchubert-oo3qq 6 ай бұрын
What are the risks of money markets?
@user-mu5hn7yo8q
@user-mu5hn7yo8q 6 ай бұрын
I'm no Peter Schiff, but I buy T-bills, which are s po somewhat similar, and my fear is that inflation will outpace the interest Inreceive from the T-bill.
@user-mu5hn7yo8q
@user-mu5hn7yo8q 6 ай бұрын
*which are somewhat *interest I receive
@watersport86
@watersport86 6 ай бұрын
What is Buffet thinking? Oil? Not gold?
@Chris-tq1jy
@Chris-tq1jy 6 ай бұрын
Why does the Euro Pacific Gold fund’s performance completely suck Peter??
@zeryphex
@zeryphex 6 ай бұрын
0:56 Not sure why 60-year-old intelligent Peter Schiff didn't mention "x-ray fluorescent spectrometers". There are (at least) three coin shops, in my city alone, that have spectrometers ... clearly visible so any customer may watch the process of testing and have a clear view of the display screen on the machine. There might be more coin shops in my city that have them, and larger cities would have more of them, obviously.
@ImNotPotus
@ImNotPotus 6 ай бұрын
What are footnotes 1 & 5?
@voswouter87
@voswouter87 6 ай бұрын
LOL, compliance won't save your bank. It's precisely that you didn't allow crime to run rampant that they closed down your bank. Since you've experienced banking subject to gov permission, why don't you value the option to bank without gov permission? Bitcoin.
@johnh5896
@johnh5896 6 ай бұрын
There is more money in the USA than anytime before that has drove up prices overall .We still need 20% interest rates to reset the insanity of 0% This is what’s needed for savers to save and drop the insane bubbles.
@parkerbohnn
@parkerbohnn 6 ай бұрын
I wish you had Jerome's job.
@collectiblecardsgamescusto9827
@collectiblecardsgamescusto9827 6 ай бұрын
hahahahaha I love the Bitcoin joke
@weyu7060
@weyu7060 6 ай бұрын
Gold on blockchain you have to deal with the existing patent. Veritaseum.
@silverltc2729
@silverltc2729 6 ай бұрын
Peter can you team up with Reggie Middleton to do your crypto project? He owns the Defi patent in the USA and Japan.
@marksp1917
@marksp1917 6 ай бұрын
If the central banks ban cash, wouldn't you think they'll ban people from holding gold? Idk, as much as I love gold I feel like it'll be useless if cash is banned
@maxthemagition
@maxthemagition 6 ай бұрын
Where to put your money? The Markets and Property rents have been inflated and are very risky.
@Tryptone
@Tryptone 6 ай бұрын
I thought my car was clunking the whole way home... Turns out that your mic is needing a muffler
@ZzHasbrozZ
@ZzHasbrozZ 6 ай бұрын
My Europac gold account is Down -4.8% Peter. When will it get better?
@user-gc5kf6ey5k
@user-gc5kf6ey5k 6 ай бұрын
Peter why miners lagging? Even with the gold almost $2,000 they a lot lower than it used to be a year ago compared to that price. Should I compare them to Treasury yields instead of gold price?
@prakash.srn.17
@prakash.srn.17 6 ай бұрын
I suspect input costs are higher for miners and gold hasn’t moved up enough. It’s pressuring profitability and therefore valuation
@user-gc5kf6ey5k
@user-gc5kf6ey5k 6 ай бұрын
Because I see it as a reason why miners wont rally despite gold price $2000. Look back on April. Gold rally up to $2000 even a little more. Junior miners , let say JNUG, run up to $51 from $28. This is a rally. US10Y was only 3.3%. Metals miners were more attractive for investors (probably). I don't see other explanation why latest rally of gold up to $2000 didn't trigger miners at all. Because US10Y over 4.6% , probably more attractive for investors? That's why Im asking Peter what to look for in this case. Gold doesn't look like much trigger anymore. Do we have to look now when Yield goes down? What in a world is wrong with metals?
@user-gc5kf6ey5k
@user-gc5kf6ey5k 6 ай бұрын
@@prakash.srn.17 Probably its a reason as well. I was thinking about it as well. Thanks
@serenitycoastUK
@serenitycoastUK 6 ай бұрын
silver Britannia's are one of the highest secure silver coin having a digital gold is the same as our current fractional system. It wont be one for one. it will be one for one thousand. At the moment for every ounce of of gold above ground and in a so called safe. Gold ounce to paper claim is 1 gold to 132 paper claims and silver is 151 according to usdebtclock. So you wanna hold it. get 2 safe's one as a decoy one not hidden but kind of hidden so if anyone breaks in they run off with the crappy safe with some weights in it and some loose change, maybe keep like 2 months in cash of expenses. then in the other safe thats where you splash out have it hidden tell no one and throw silver, gold cash a few euros and gbp and inside a fire proof protective cover deeds for your house and the latest print out of your retirement and savings.
@cyruschadrezzar9873
@cyruschadrezzar9873 6 ай бұрын
what decade?
@888ssss
@888ssss 6 ай бұрын
what will you do if your pension, stocks, bonds and share are all converted to CBDC overnight, and then cash is then no longer legal tender ?
@cansu1211
@cansu1211 6 ай бұрын
between the two, I think I would still support Amazons ARH50X : technically speaking, years ahead of the competitors,Brand power, easy development, flexible with source languages, quick tx...
@mikeoz4803
@mikeoz4803 6 ай бұрын
Good old Peter. .....screwed his clients because he held on to a relic called gold instead of buying Bitcoin!
@davidcannon463
@davidcannon463 6 ай бұрын
after cpi gold is going up today! All well and good ,I am concerned though that there is a bias that lower yields and lower inflation numbers are responsible or enabling a reprieve in price of metals. Looks to me as the next wave will have inflation going higher and rates will rise back above 5% in 10 year, possibly very soon 10 year bond yields seem to be maxing out their downside potential super quick as they reverse and head higher what are gold longs expecting, or do we believe these low yields will hold here past Christmas? I like Peters thesis for gold going up in higher yield environment but so much bias in the media saying we gold longs need lower rates hmmm. What do you think of Peters thesis will it work if and when we see higher yields and higher inflation?
@parkerbohnn
@parkerbohnn 6 ай бұрын
Because the dollar fell you dope.
@jasonbouchard9233
@jasonbouchard9233 6 ай бұрын
paper claims for gold--what could go wrong.
@charliekaneko8101
@charliekaneko8101 6 ай бұрын
Can you agree that as long as the gov can get away with default, that crypto holds some value?
@ScottSmith-il2wm
@ScottSmith-il2wm 6 ай бұрын
Good do not die for nothing
@johnh5896
@johnh5896 6 ай бұрын
Pick any stock that’s going up even if it’s ridiculous priced then as soon as it blips down dump and ride the next wave like suffering
@webcomber
@webcomber 6 ай бұрын
"Fools gold" up 58,702,032.98%. Gold going sideways for ten years during the most inflationary period in 40 years.
@brianbly4591
@brianbly4591 6 ай бұрын
no one can explain how digital gold would account for the premiums - if Spot Gold is $2,000 to hold a one-ounce American Eagle will cost you $2150 - so which price would your "coin" run off of - spot or physical? - silver is even worse with 25% premiums.
@JA-zh5xi
@JA-zh5xi 6 ай бұрын
This is a primary problem with people who think they are going to make money on gold and silver. They buy at a premium and would have to sell at less than spot. They lose in the end.
@BullsEye3333
@BullsEye3333 6 ай бұрын
@brianbly4591 Nobody explains it because they never intend to give you the gold. Gold backed crypto graveyard: Aurum (AUR) Goldcoin (GLD) Gold Reserve (XGR) Xaugold (XAU) DigixDAO (DGD) Oro (ORO) Havven (HAV) GoldMint (GMNT) Dominus (DOM) Vaultoro (VLT) Kryptogold (KGT) GoldToGo (GG) InstaGold (INSTA) GoldBits (GBT) GoldCash (GLC) GoldUnion (GLU) GoldMint (GMI) GoldUSD (XAUUSD) GoldAnchor (GAN) GoldMoney (XAU) Gold-Backed Token (GBT) GoldBlocks (GB) Gold2040 (G20) GoldGramm (GG) GoldX (GLX) GoldBacked (GBG) INNcoin (ICN) If you're dumb enough to fall for the old gold backed crypto scam then you deserve to lose your money. Bitcoin is money that can't be printed. You just spend it. No need to go to some sleazy banker to get something physical before they print more currency and steal your purchasing power. One that hasn't failed yet is PAX Gold (PAXG) You can technically get the gold if you're rich enough. Right on the Paxos website it says you must have a minimum of 430 PAXG plus fees. So over $830,000. Plus, it says Paxos can have the gold bar securely delivered only to vaults in the U.K.
@brianbly4591
@brianbly4591 6 ай бұрын
@@JA-zh5xi that’s not the question. Gold “backed” crypto should be redeemable into physical. If the Coin is tracking under spot price and is also redeemable into physical, there will necessarily then be a spread between the two. That spread isn’t fixed, it fluctuates with supply and demand. When Gold was money and ounce had a fixed price..under the manipulation of paper gold.. the spot price paper gold and the physical metal have 2 different prices, so which does the Coin operate off of ? That’s the issue
@darrenstettner5381
@darrenstettner5381 6 ай бұрын
We should all pitch in and help buy Peter a bitcoin.
@rap3208
@rap3208 6 ай бұрын
He'll thank you for the gift and then will proceed to sell it and use it to buy more gold.
@acts15ministry25
@acts15ministry25 6 ай бұрын
Psalm 104:32 New King James Version He looks on the earth, and it trembles; He touches the hills, and they smoke. Ephesians 6:12 New King James Version 12 For we do not wrestle against flesh and blood, but against (A)principalities, against powers, against (B)the rulers of [a]the darkness of this age, against spiritual hosts of wickedness in the heavenly places. 2 Samuel 14:17 New King James Version Your maidservant said, ‘The word of my lord the king will now be comforting; for as the angel of God, so is my lord the king in discerning good and evil. And may the LORD your God be with you.’ ” Exodus 20:13 New King James Version 13 “You shall not murder. Romans 6:10 New King James Version For the death that He died, He died to sin once for all; but the life that He lives, He lives to God. Romans 4:4 New King James Version 4 Now to him who works, the wages are not counted as grace but as debt. Psalm 57:6 NKJV They have prepared a net for my steps; My soul is bowed down; They have dug a pit before me; Into the midst of it they themselves have fallen. Selah Revelation 18:20-24 New King James Version 20 “Rejoice over her, O heaven, and you holy apostles and prophets, for God has avenged you on her!” Finality of Babylon’s Fall 21 Then a mighty angel took up a stone like a great millstone and threw it into the sea, saying, “Thus with violence the great city Babylon shall be thrown down, and shall not be found anymore. 22 The sound of harpists, musicians, flutists, and trumpeters shall not be heard in you anymore. No craftsman of any craft shall be found in you anymore, and the sound of a millstone shall not be heard in you anymore. 23 The light of a lamp shall not shine in you anymore, and the voice of bridegroom and bride shall not be heard in you anymore. For your merchants were the great men of the earth, for by your sorcery all the nations were deceived. 24 And in her was found the blood of prophets and saints, and of all who were slain on the earth.” Psalm 56:5-7 NKJV 5 All day they twist my words; All their thoughts are against me for evil. 6 They gather together, They hide, they mark my steps, When they lie in wait for my life. 7 Shall they escape by iniquity? In anger cast down the peoples, O God! Revelation 16:6-7 For they have shed the blood of saints and prophets, And You have given them blood to drink. For it is their just due.” 7 And I heard another from the altar saying, “Even so, Lord God Almighty, true and righteous are Your judgments.” Matthew 24:7 New King James Version 7 For nation will rise against nation, and kingdom against kingdom. And there will be famines, pestilences, and earthquakes in various places. Isaiah 24 New King James Version Impending Judgment on the Earth 24 Behold, the Lord makes the earth empty and makes it waste, Distorts its surface And scatters abroad its inhabitants. 2 And it shall be: As with the people, so with the priest; As with the servant, so with his master; As with the maid, so with her mistress; As with the buyer, so with the seller; As with the lender, so with the borrower; As with the creditor, so with the debtor. 3 The land shall be entirely emptied and utterly plundered, For the Lord has spoken this word. 4 The earth mourns and fades away, The world languishes and fades away; The haughty people of the earth languish. 5 The earth is also defiled under its inhabitants, Because they have transgressed the laws, Changed the ordinance, Broken the everlasting covenant. 6 Therefore the curse has devoured the earth, And those who dwell in it are desolate. Therefore the inhabitants of the earth are burned, And few men are left. 7 The new wine fails, the vine languishes, All the merry-hearted sigh. 8 The mirth of the tambourine ceases, The noise of the jubilant ends, The joy of the harp ceases.
@Greta_Traderberg
@Greta_Traderberg 6 ай бұрын
LOL Peter Schiff giving stock picking advice to clients...
@motorcyclemike1299
@motorcyclemike1299 6 ай бұрын
But transacting digitally or on paper notes in gold would lead to the same problem we have right now. Printing and creating more paper and digital currency, diluting again
@prakash.srn.17
@prakash.srn.17 6 ай бұрын
Yeah exactly. You’d have to be able to audit this to a high degree of confidence
@anmol1771
@anmol1771 6 ай бұрын
not if the gold vault us audited annually by a certified 3rd party, which many are nowadays
@philfortner1805
@philfortner1805 6 ай бұрын
Exactly! All audits get corrupted because government can enrich or threaten those involved. Exactly why Bitcoin was created, trust nobody, ever.
@philfortner1805
@philfortner1805 6 ай бұрын
@@anmol1771 how'd that work for the credit rating agencies that denied any issue in bank assets until the banks could unload them to Uncle Sam in mid 2007. Worked well if you were connected.
@philfortner1805
@philfortner1805 6 ай бұрын
Peter doesn't understand trust in government for gold is like trusting an alligator with your ham sandwich. Bad idea.
@maximumliberty
@maximumliberty 6 ай бұрын
I think he DOES understand
@williamholloway5789
@williamholloway5789 6 ай бұрын
A gator wants your dog and cat
@williamholloway5789
@williamholloway5789 6 ай бұрын
Gator chomps down on dog
@lamentate07
@lamentate07 6 ай бұрын
Who would pay a money manager to sit in cash?🤣🤣
@briansmythe3000
@briansmythe3000 6 ай бұрын
In DEED
@Tchairdjian
@Tchairdjian 6 ай бұрын
You just made the perfect case FOR Bitcoin. You’re wasting our time man.
@silver_lyon6384
@silver_lyon6384 6 ай бұрын
BlackRock has filed for a BTC spot ETF and peter still bearish lmfao
@allenhanks7719
@allenhanks7719 6 ай бұрын
Give Peter a thumbs up
@sesquivel729
@sesquivel729 6 ай бұрын
Indexes have outperformed peter for the last 15 years. Im glad i didnt go all in on peters junk miners but have enough to be disappointed at this point. Thankfully dont need the money to force sell but waiting for a bounce to lose less.
@jsp07411
@jsp07411 6 ай бұрын
So digital gold and silver is ok but Bitcoin is not
@jeffreygoss8109
@jeffreygoss8109 6 ай бұрын
Digital gold would be backed by gold where as bitcoin is just energy used.
@davidtaylor8447
@davidtaylor8447 6 ай бұрын
Just look what they are doing to Trump. We are the Government and we are here to help! Love you country, fear your Government.
@bgwhalley
@bgwhalley 6 ай бұрын
Peter schiff has been wrong about Gold forever. Gold has been stagnant for years. Better just putting the money in a savings account with a 4.5% interest return.
@mr.ferntastic2257
@mr.ferntastic2257 6 ай бұрын
Mr miss out on gains 😅
@mattatuckmanful
@mattatuckmanful 6 ай бұрын
Locals makes u seem like ur on a dating service… who wants a date with Peter????
@jkczyz
@jkczyz 6 ай бұрын
The fact that Peter sees that government and other institutions are corrupt but still thinks gold will put a check on them shows he has a huge blind spot
@fio77777
@fio77777 6 ай бұрын
I don't think he's ever addressed the futures and paper gold etf manipulation.
@georgewbushcenterforintell147
@georgewbushcenterforintell147 6 ай бұрын
Insufficient memory to run peter.exe
@gilbertbrien2280
@gilbertbrien2280 6 ай бұрын
These are very valuable info for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the knowledge embedded in it. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I've got $110k set aside to put in the market.
@user-fb2hk7vu3q
@user-fb2hk7vu3q 6 ай бұрын
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession-influenced market, but to the best of my knowledge, it was through an F.A
@rineleff2009
@rineleff2009 6 ай бұрын
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of investors raking in 6 to 7 digits in a space of months. So, I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and the least I returned was $180k ROI, and this does not include capital gain.
@maxwelltroy2375
@maxwelltroy2375 6 ай бұрын
Mind if I ask you to point at how to reach this particular person assisting you? Seems you've figured it all out unlike the rest of us.
@rineleff2009
@rineleff2009 6 ай бұрын
Camille Anne Hector, is my adviser, she is a consultation-free expert. She has her clients best interest at heart. I have been working with her since covid period. Though she's a very busy woman but she can offer you guide if you reach out.
@gilbertbrien2280
@gilbertbrien2280 6 ай бұрын
excellent share, she seems valid. curiously copied and pasted her full name on my browser, spotted her site and glanced through her credentials, over 20 years of experience is quite remarkable.
@michaelkwon3722
@michaelkwon3722 6 ай бұрын
What r u smoking brother?
@supplydemand1319
@supplydemand1319 6 ай бұрын
the obvious solution to question 1 is bitcoin
@Slsksmkalslsm
@Slsksmkalslsm 6 ай бұрын
I want to say my ARH50X bags are full, but I can't stop buying at 3 cents.
@trishfe
@trishfe 6 ай бұрын
Minimum of $50 to join😢
@hindubiok1959
@hindubiok1959 6 ай бұрын
buy gold stocks peter says for years. i burned 40% with it, go to hell!
@prakash.srn.17
@prakash.srn.17 6 ай бұрын
😂
@lenoxpm01
@lenoxpm01 6 ай бұрын
ARH50X now has more daily active addresses than all other smart contract L1's combined
@fratdemir7431
@fratdemir7431 6 ай бұрын
Amazon deal with ARH50X is completed. Presale launches tonight. Cant wait to invest.. Ecommerce and crypto are both part of the broader trend of digitalization and the shift towards online activities.
@silverdrillpickle7596
@silverdrillpickle7596 6 ай бұрын
Try being on time for once. I joined Locals but canceled my subscription because of “value for value”. I do not feel you appreciate your audience and subscribing to you is not valuable.
@challenge3152
@challenge3152 6 ай бұрын
I've got 15-20K ARH50X. Will add more over the next 12 months.
@mschroed99
@mschroed99 6 ай бұрын
Im not subscribing to your lovals. Youre greedy
@jarradhorsley4354
@jarradhorsley4354 6 ай бұрын
Physical gold is the real fools gold. Buy Bitcoin!
@mikailnehir7953
@mikailnehir7953 6 ай бұрын
This is truly a gem 💎 ARH50X is deff a good risk to make great returns in a year or so! Deff will see what happens in a full blown bull market! Let's go!
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