This is epic Peter Schiff and Jim Rickards thanks Kitco 👍🏻

I want part 3 and I want it NOW.

The only way to top this would be by bringing on maloney... The sound money trinity of maloney rickards and schiff

You can’t print money, only currency.

Great interview. Open, frank and to the points. Learned something from both great investors, Peter Schiff and Jim Rickards.. Truly, a class above Bloomberg, WSJ and Cnbc. Thanks Kitco

So happy Kitco got these 2 titans on air. Happy to se both Schiff and Richards agree on M1 money supply is a moving target with a minimum gold price target of $15,000. I was compelled to buy more gold yesterday.

This 3 parter is fantastic. Well done Kitco

Peter Schiff is a "dose of reality" in a world of fantasy...

Another great Schiff-Rickards video. Can't wait for #3 ... but now that you have us hooked, you need to keep making these once every day ... *!!!!! FOREVER !!!!!*

These are brilliant dudes. Everyone listen up.

END the Fed!

I love these 2 guys. and just highlights big OPPORTUNITY coming our way with gold & silver 👍👍👍

Actually, "quantitative easing" was first invented by the Romans. Fun fact: It did not work out in the end.

Amazing. and great job interviewing these 2 firebrands! Both, extreme experts. Thank you, Peter Schiff, for a long time!

Rickards and Schiffs smile right after the interviewer mentions MMT. Priceless

I've always liked Peter Schiff and I've always had the highest regard for his dad who died in prison *just for challenging the legality of* income taxes. Peter is even kind of a nice looking man, but today for some reason, when he's not talking, I get the sense that he wants to kick the neighbor's dog through a hedge or something. I really appreciate these guys a lot, and Mike Maloney as well. They wear the same feathers I've been wearing for at least 20 years. Best regards to all and have a great weekend.

Peter Peter Peter, There is no "legitimate taxation"...

I can't wait till Part 3. Great video.

Printing money is inflation...

I love Peter Schiff, but it gets old that he interrupts Jim in the middle of a point that he was developing. aside from that, these Schiff and Rickards videos are great.

These two guys together EPIC! Thanks Kitco

@ 5:20 start to listen carefully. Rickards hits the nail on the head about MMT

Good stuff Kitco!!!

This is amazing thank you hosting it. I was waiting for this debate forever

U guys rock .... Seriously 2 awesome people at best ...

Great job!!!

PART 2 BABY

Kitco News... Thank you for the excellent content

Love both of these dude, so great content Kitco!!!! Love this channel!

What's wrong with cutting the defence budget - that would soon get us out of this catastrophe?

Kitco delivers!

Rickards speaks the longest sentence in history....

Great content...2 of the smartest guys in the room

Amazing interviews, but dragging it out over three parts is a frustrating marketing strategy for avid Kitco followers

Good interview.

can't wait for part 3 :-)

So reassuring to watch and listen to sanity. I bought Peter Schiff’s book titled, Bull Moves in Bear Markets several years ago and still have it. Excellent debate. Thank You. Barrie Owen.

Finally part 2

Ok...yet another loss of a Gold coin, Brent...pay up

Schiff is a fly swatter. Jim is honey.

Awesome in-depth interview series!💯👏🏆

i love those guys talk flawlessly

This is the first time I seen Peter not interrupt anyone

Subscribed and rang that bell. Congrats getting two titans on at once.

Thank you. I've been waiting for this part 2!!!

David Lin, nice (and rare) to see someone who knows how to tie a tie

When they start taxing the billionaires you know your at the end.

two legends on one show.. thanks kitco

Mind Job: fed buys gold with printed money

Hang on to your hats it's going to be a WILD ride

Good interview David ...but these guys need an hour each. Good content.

Love the format: Rickards:1 Schiff:.5 Why? Rickards had a better historical reference. Understand Schiff's anger and point of view but Rickards is like a smooth cool hand talker with a sprinkle of logic and facts. Rickards point feels more sticky.

Nice to listen to sensible people who know what they are talking about

*KICKIN' THE CAN!* *KICKIN' THE CAN!*

Is anyone else thinking they need to do an "Epic Rap Battles of History" based on this video series?

The brain Power on this interview... Omg...been following this guy's for some time now glad to hear them speaking in one voice. I know they have different opinions about the gold standard and SDR, I Hope they talk about that too.

Thanks for the great interview with the two most respectable Precious Metal advocates, and the best interviewer.

The final segment, part 3, will be posted on Monday, August 3. It is a debate on inflation vs deflation, don't miss it. Watch part 1 here: kzfaq.info/get/bejne/itR_lrWDr664nZ8.html

Excellent interview!

Great interview

Love it !!!

Jim is the best

Looking forward to it.

The best dude !

I like how they both smile at the same time

Two heavy weights. I like these interviews

Australian gov handing out lots of enhanced welfare payments too. Rents and mortgage must be paid.

There is no more classical economics that train left a long time ago. What has been taught is neoclassical economics and they didn't learn how the economy actually works as they never take into account debit and credit. Reaganomics is neoclassical economics and is the reason why debt and credit continue to rise. Most of these economists didn't see the 2007 collapse coming because they were never trained to understand how it happened. The one who did was Stever Kein and his book Debunking Economics. If you read that you'll see how ridiculous Peter Shiff is and the others who touted low taxes and less regulation. Keen created a calculous to actually foresee an economic collapse. Economics isn't a science and was actually in the Social science department of the University system but Steve put mathematics into it which previously was just speculation by thinkers who worked around the margins.

This interview reaches critical mass.

It's not really a debate..everybody agrees that the brown stuff is heading for the fan. It's only a question of how long before it hits.

We have Medicare for all in Australia. Seems to work.

Two of few that give the truth!

In 1977, I asked my dad to explain why printing money to infinity was a bad idea to get the country out of its financial mess then. I WAS 9!! If a 9 year old could understand these concepts in a half hour lecture, what the hell is the Fed's excuse? Oh wait...they do know and have figured a way to leverage it to their benefit. And THEY WILL benefit, make no mistake about it.

Dynamic duo!

MMT is working in the US. Inflation has moved into stocks and precious metals. It shucks not to be able to buy Amazon stock at over $3k per share, but as long as I can buy my milk at under $4, I'm find with equities and gold/silver being as high as they are. If MMT is 100% implemented, I wouldn't be surprise if we don't see any hyper inflation in our lifetime here in the US. The US uniquely qualified to make MMT work.

Great !

David: I want to talk bout MMT which is a relatively NEW economic theory that contradicts classical economics principles... Rickards & Schiff: **Big wide smile simultaneously** Yes. 0:07

So what am I suppose to do? Besides gold, silver, and lead?

QE is like crack you always want more. They're addicted to it.

QE.. was/is a disaster.

How do you put Peter Schiff back in the bottle when you mention MMT. 😂

Silver , Bitcoin, GOLD are defenser

HKG: 621 TAUNG GOLD👌✔️

Interesting listening to J.R. and P.S. I have taken Jim's advise and listened to many of his interviews, along with a couple other KZfaqrs - Mike Malone and Rich Dad. Here is my opinion and this is largely due to J.R.'s comments about how gold's price can be "determined". There is no doubt that all the central banks are working towards a "gold standard" and also digital currencies. What is interesting is how in the past the U.S. government had made it illegal to own gold and promptly turned around and announced a new price/ounce. With the current push towards a digital currency, there is talk of using a digital token to represent a new gold backed currency...and no Peter it will not be BTC (too many reasons why to explain here). In an interview with Judy Shelton she had indicated that going to a gold standard did not necessarily mean "gold" but possibly a "digital standard". Like it or not - there is one crypto that is constantly meeting with central banks and the IMF and that is the one cannot be named! It will become the "world currency" that will allow all other currencies to be able to transact with each other and not to be used as a "weapon". So if there is a plan to introduce this new world currency and have it backed by gold - how would you do it without creating and wiping out the debt of all the countries? First you create the "CBDC" , then you take advantage of a "crisis", print tons of money, then you take the designated crypto that is to be the world currency and have the CBs agree to a certain value, allowing the various governments to hold it and use it to wipe out their debt, there by not creating the expected great depression. There will be some pain but not to the point that there will be civil unrest. The great thing about this one world currency being digital is that it already has a finite number of tokens created and no more can be added to the existing number. This will prevent the current situation we have with fiat from happening again. Unfortunately man being man.......will probably find a way to screw that up again. Keep us informed Jim!

Thank you for educating us North Koreans We know better now than to trust USD Buy gold, silver and crypto

Peter knew Titanic hits the ice berg. He warning everyone to save themself. Jim is in another boat.

Got my TIP’s need to acquire physical gold, silver !

They are the light through the coming storm

I thought Peter was growing a mullet. Then I realized it's his ear piece.

Monday? Oh come on that’s fked up

Taxes are not a equation. Money is PHYSICAL.

where is part 3?

Love Gold and silver.

Jim you are correct and see the big picture . Peter you are right but calm down.

Jim mentioning Bernie Bros made me laugh

The form of government matters in regard to "state power". No taxation without representation, but with the US system, the only ones represented are the very top of the economic heap.

Monday!!!!

Can anyone recommend any books which explain more of this stuff in detail ?

i have a theory that there actually is inflation. if the cost of the product doesn't go up but you attach additional fees in many other ways then the overall price that you pay for things is higher without the price tag actually going up, so when all of this gets rolled up and reported then it simply appears there hasn't been much inflation but a lot more money has actually exchanged hands than the reports reflect

Peter is right at the end of the video especially. Once people start taking their money out of their 401K to get in on the gold run, the dollar comes cashing down. This is going to be wild