🔴We've never seen anything like this. Not even under Obama

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Peter Schiff

Peter Schiff

4 жыл бұрын

Peter Schiff discusses how the Federal Reserve plays an integral role in the economic recessions of the past. Peter covers cause and effect, and how different functions of the markets, politics, national debt, and central banks influence and shape the future of the world economy. He also gives insight on where he sees the economy heading, and how his prediction is likely to pass in the near future. Las Vegas MoneyShow 10/13/2019
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Пікірлер: 1 200
@scottdunstan4117
@scottdunstan4117 4 жыл бұрын
The fact that mainstream media no longer wants to invite Peter on their shows speaks volumes.
@kaetamine
@kaetamine 4 жыл бұрын
Yes! They ran out of patience for a fool that jammed his narrative in 2008 and never moved forward. This guy was wrong about markets in everything he said over last 10y. I know you believe this guy and want all this nonsense to be true, but for F's sake, look where all markets got in last 10 years... Keep waiting for the collapse, keep dreaming about all these people that got rich over last years going broke, keep dreaming about world going down the drain just to prove that it was never worth going out of your rabbit hole... keep losing your life listening to this black pill moron. Have fun.
@Mat-threw
@Mat-threw 4 жыл бұрын
Scott Dunstan why should they have him on lol? He’s been consistently wrong on everything for 9 years. Particularly his insistence that the bottom is gonna drop out of the economy and there would be a currency crisis.
@MagnateXL
@MagnateXL 4 жыл бұрын
@@Mat-threw there is a currency crisis, negative interest rates proves it
@elainericketts8820
@elainericketts8820 4 жыл бұрын
Especially since he's usually RIGHT............
@scottdunstan4117
@scottdunstan4117 4 жыл бұрын
Actually Peter has been right about most things. The things he’s got wrong usually amount to either the magnitude or the timing. Maybe he’s wrong occasionally about the response by the Fed or politicians. I’m not going to try to convince people who don’t understand Austrian economics why he’s right. But you have to wonder why Keynesian mainstream economists are constantly surprised by “downturns”. They just see it as an unexplainable phenomenon of the economy. Like ancient people explained the weather on the Gods. Meanwhile you’ve got people like Peter explaining every day why the economy is in trouble, and he’s treated like a heretic 😂. I’m not sure he’s right about a socialist being elected in 2020 though, but maybe that’s just wishful thinking on my part.
@RealLifeMoney
@RealLifeMoney 4 жыл бұрын
At least the FED is consistent about lying about everything 😂
@jegm1118
@jegm1118 4 жыл бұрын
RealLife Money - Weekly Financial Videos thats horrible
@BoomBubbleBustRepeat
@BoomBubbleBustRepeat 4 жыл бұрын
Bernie Madoff for Fed Chair , We need experienced ponzi leaders running the show! Jerome is a rookie.
@thomaskishmanii2675
@thomaskishmanii2675 4 жыл бұрын
1 Dislike It’s the Fed
@kloschuessel773
@kloschuessel773 4 жыл бұрын
Thomas Kishman II 4 now. Greenspam, bearnanny, yellin' and the official fed account
@mattmclaughlin2567
@mattmclaughlin2567 4 жыл бұрын
5 dislikes, now that's the commitee
@BDParadigm
@BDParadigm 4 жыл бұрын
Trump been pressing the button repeatedly
@kloschuessel773
@kloschuessel773 4 жыл бұрын
Matt Mclaughlin 12. They called their moms
@anthonyg6221
@anthonyg6221 4 жыл бұрын
@@kloschuessel773 HAHAAA 14 now, more crappy fed governors chiming in.
@valhalla2957
@valhalla2957 4 жыл бұрын
Peter Schiff , you could literally speak nonstop for 5 hours . That still wouldn’t be enough time to learn from you . Love your videos ! Thanks for exposing the real criminals
@HomesteadEngineering
@HomesteadEngineering 4 жыл бұрын
1st, congratulations Peter on telling the whole story in under 20 minutes (you get a like). 2nd, everything you said was true except one thing. The powell pivot was not due to the stock market tanking in Dec 2018, it was due to extreme liquidity issues in the repo market, corporate bond market and refinancing the national debt. It's the out of control debt that is forcing the Fed to act. The Fed's decision is clear, they will go for hyperinflation over default.
@don8668
@don8668 4 жыл бұрын
"The Fed's decision is clear, they will go for hyperinflation over default." That has been the standard MO for every central bank since they were created--until they eventually default.
@jacktheripper4768
@jacktheripper4768 4 жыл бұрын
We are suckers ruled by criminals.
@darladrury76
@darladrury76 4 жыл бұрын
White men disappoint me so much.
@norcalreppin1
@norcalreppin1 4 жыл бұрын
#marxists
@hellouiseclark
@hellouiseclark 4 жыл бұрын
@@darladrury76 the rulers of countries where people have brown skin are generally just as bad or worse with much more poverty ....its not about skin color...that's racist for you to say...it is the fact that governments are inherently corrupt regardless of skin color
@hellouiseclark
@hellouiseclark 4 жыл бұрын
@A Person I agree with you but for me the biggest problem is that no matter which supposed political party is in power we still have the endless rich mans wars where they keep all the spoils and the American people only get to pay the bill for these wars and suffer the loss of life...they use their media shit show circus acts to distract everyone from this fact and use the two party illusion to keep the people divided against eachother instead of against them...divided by skin color, income brackets, men vs. women, young vs. old, democrap vs. Retardican etc. And it's working on the majority of people...but you're right...it is us, the American people against them..I wonder when the people will realize
@jjamo1225
@jjamo1225 4 жыл бұрын
S Payne for not marching on Washington and taking back the country?
@bolt_studios
@bolt_studios 4 жыл бұрын
I was there Peter you did great
@Matt-yz3iq
@Matt-yz3iq 4 жыл бұрын
Colten Franco where was this?
@JP5466
@JP5466 4 жыл бұрын
@@Matt-yz3iq as Vegas MoneyShow 10/13/2019
@alexp.2897
@alexp.2897 4 жыл бұрын
very cool
@jadengreen6236
@jadengreen6236 4 жыл бұрын
Dallas
@cyberblock7619
@cyberblock7619 4 жыл бұрын
Liar
@edpalmieri8647
@edpalmieri8647 4 жыл бұрын
Excellent speech by Peter Schiff!!! Nothing can be closer to the truth!!!
@stephenmcsweeney7562
@stephenmcsweeney7562 4 жыл бұрын
You're slacking Pete. We need more podcasts, you've got the world of material right now. Thanks for your efforts
@flash12319
@flash12319 4 жыл бұрын
he a busy man....but yes we NEED more podcast
@stephenmcsweeney7562
@stephenmcsweeney7562 4 жыл бұрын
@@flash12319 I'm hanging worse than these markets without QE
@peterschiff
@peterschiff 4 жыл бұрын
I'm actually sick now, so I'm resting.
@DemonKingTyler
@DemonKingTyler 4 жыл бұрын
@@peterschiff Do what you need my man! Mind doing an episode on food and its value historically with gold and silver? We lost 20% of our crops this fall and more earlier this year to floods love to hear your thoughts on that!
@saltwaterinmyveins
@saltwaterinmyveins 4 жыл бұрын
All of this and a Grand Solar mininum.Perfect storm.
@paultaylor9273
@paultaylor9273 4 жыл бұрын
Because of people like Peter Schiff, i won't be blind sided this time around when everything crashes. Thanks Peter for having the balls to get the truth out
@Macheako
@Macheako 4 жыл бұрын
I respect that, and I respect Peter, but with ALL due respect... The goddamn Great Depression SHOULD HAVE fucking taught all of us lolol DONT TRUST THE GOVERNMENT WITH YOUR MONEY
@Ryan-qt9jm
@Ryan-qt9jm 4 жыл бұрын
So damn proud we have a guy like Peter Schiff attending the money show and using his time to say what needs to be said! Way to go, Peter!
@TransformationalShiftEvents
@TransformationalShiftEvents 4 жыл бұрын
Peter Schiff is spot on, is completely accurate, about ~ EVERYTHING ~ he said.____ Moreover, 'The Fed', the "Federal Reserve" is a private agency, NOT an arm of the U.S government. It acts as the 'U.S's private Central Bank. And ~ every single time ~ we as U.S citizens pass along another "FEDERAL RESERVE" debt note [aka, the 'dollar bill']: we contribute to the rising trillion dollar debt he is describing.____ Does anyone out there understand that the legal definition of a "note" is a piece of debt paper. That the "house of cards" is going to come tumbling down" is an understatement. The current system, as it has been operating since the very early 1900s is wrong; and it ONLY SERVES the people involved in, running the Federal Reserve. They simply get paid for printing and distributing 'U.S currency' at an absurd rate.____ It is time to completely revamp the system. This system, accurately described as 'fiat' money: NEVER EVER served the best interests not only of the citizens of the United States of America; it also DOES NOT serve the citizens of this beautiful planet.
@ms8172
@ms8172 4 жыл бұрын
I have been listening to Peter for more than 5 years now. You know. He has been right this whole time.
@cyberblock7619
@cyberblock7619 4 жыл бұрын
I've been watching him since 2004
@ms8172
@ms8172 4 жыл бұрын
@Truth you are on QE high the last 10 years. It's all good........until it isn't! Good luck idiot!
@drrightwing4435
@drrightwing4435 4 жыл бұрын
Ppl need to be paying attention to what’s happening in the repo market right now
@thomaskishmanii2675
@thomaskishmanii2675 4 жыл бұрын
Let me rephrase this “The Board of The Federal Reserve” hates this.
@enevision6101
@enevision6101 4 жыл бұрын
long live Peter Schiff!!!!!!!!!!!
@monkeyloven
@monkeyloven 4 жыл бұрын
All I care about is when gold miners will go up substantially and when home prices might drop faster.
@elpepe3579
@elpepe3579 4 жыл бұрын
Yep and the socialist will take it away
@briandarzev8535
@briandarzev8535 4 жыл бұрын
Waiting for it too bro 💴
@briandarzev8535
@briandarzev8535 4 жыл бұрын
We’re set til fed runs out of rats cuts, then we’ll see fat profit
@christopherk140
@christopherk140 4 жыл бұрын
I'm losing for years waiting for the economy to collapse
@Macheako
@Macheako 4 жыл бұрын
@Daniel R wealth is wealth dude. If you can get something from the stock market easily then fucking do it lol no ones gonna stop ya. Just understand a few things. Anything you do takes time and expertise. And the more time you get, the more expertise you HOPEFULLY get too. If you DO end up playing the stock market, all your time and effort will have gone into becoming an expert stock trader. Nothing wrong there...just...ya better hope we KEEP the stock market. Otherwise, yea, you can keep all your "stuff". But your ability, and expertise...would be completely fucking useless. Every decision in life has consequences. EVERY Decision!!!
@michaellavazza960
@michaellavazza960 4 жыл бұрын
He’s been saying qe 4 would come before normalization...he was right
@JimJimpmjj
@JimJimpmjj 4 жыл бұрын
He said he's talking at 1.30 after this. Anyone got the link to that speech. Thanks kind regards
@kevingange6639
@kevingange6639 4 жыл бұрын
Excellent presentation! It is always great to listen to Peter Schiff telling us all the Truth about the economic mess we are all facing! Thank you!
@Xingqiwu387
@Xingqiwu387 4 жыл бұрын
The entire US executive branch and the treasury now serve only ONE purpose only: to prop up the DOW at all costs. This is a government of, by, and for Wall Street. Mussolini would have called this "fascism"!
@Xingqiwu387
@Xingqiwu387 4 жыл бұрын
@willstoz I know. It's been a truly remarkable, unfathomable evolution that few saw coming. Shocking.
@TheGroovyJones
@TheGroovyJones 4 жыл бұрын
There never has been a free market. Anywhere. Ever.
@Matt-yz3iq
@Matt-yz3iq 4 жыл бұрын
I love how he jabs Moore right before he comes on lol. I’m 33 but I want to be peter when I grow up.
@stephenmcsweeney7562
@stephenmcsweeney7562 4 жыл бұрын
He's a fuckin genius. Best man to hold an argument, I've ever heard.
@Matt-yz3iq
@Matt-yz3iq 4 жыл бұрын
Stephen McSweeney I know... I wish I could watch him debate trump. Would man handle him.
@stephenmcsweeney7562
@stephenmcsweeney7562 4 жыл бұрын
I don't think there's many who could hold a debate successfully with him. Have you seen his debate with Max Keiser? Destroys him
@vishnudestroyer
@vishnudestroyer 4 жыл бұрын
Hes been utterly wrong about all his investment advice for the last decade plus. His predictions have been the same for the last 25 years: buy gold and silver, short the US stock market, bet on US dollar inflation, bet against the US dollar. Amazingly terrible advice the last 25 years. If you followed that advice, you lost enormous amounts of money the last 25 years.
@kellykizer6718
@kellykizer6718 4 жыл бұрын
Mr Schiff. Is Mr 33.
@IMBrute-ir7gz
@IMBrute-ir7gz 4 жыл бұрын
Isn't it funny how Bloomberg never acknowledges Schiff, Max Keiser, or any of the others who are sounding the alarm?
@ridethecurve55
@ridethecurve55 4 жыл бұрын
Isn't it funny how often Peter takes every opportunity to brag about himself and his self-righteousness?
@MontyRoyal963
@MontyRoyal963 4 жыл бұрын
Because it's a conspiracy that involves the media, feds, and State govt
@politicalatheist5861
@politicalatheist5861 4 жыл бұрын
But he has been right and knows economics. I've met and talked to Peter many times and I can tell you he is here for the people.
@tradefeedz3560
@tradefeedz3560 4 жыл бұрын
Bloomber or any other major pub doesn't want to be blamed for the panic, so they never do. Same for pols
@nicestguyinhouse6112
@nicestguyinhouse6112 4 жыл бұрын
Souper Genius You will see. Within a year 2 at most
@user-zr2lg8tl9h
@user-zr2lg8tl9h 4 жыл бұрын
Looking good Peter while speaking truth to power!
@jimhendricks88
@jimhendricks88 4 жыл бұрын
For those who believe in P.S.'s message, there's something we can do to help promote him that's pretty painless. If you have an ad blocker, turn it off temporarily when you watch his podcasts. Let the ad run for a little bit, click on the ad, and simply return right back to the podcast (leave the pop up window open for whatever the ad was for). He doesn't need the ad revenue, but it's a simple way to show advertisers that there's interest in Peter Schiff, and I think it's something that could help springboard his message, esp. since the financial talking heads won't interview him on CNBC, etc. anymore. Cheers!
@hellavadeal
@hellavadeal 4 жыл бұрын
The patient is dying and QE is a bandage . The patient is still dying.
@CarrotCakeMake
@CarrotCakeMake 4 жыл бұрын
More like opiates.
@R.Tafolla
@R.Tafolla 4 жыл бұрын
It's like morphine. It takes the pain away but doesn't cure the underlying problems
@hellavadeal
@hellavadeal 4 жыл бұрын
@Matthew Pawlak , it is the best solution. Reset the old republic. Time to pay the Piper.
@cyberblock7619
@cyberblock7619 4 жыл бұрын
The patient has cancer
@SGHedge
@SGHedge 4 жыл бұрын
In America money grows on Federal Reserves' tree!!
@theromantrader2637
@theromantrader2637 4 жыл бұрын
Peter You are absolutely right. Thank you for sharing your insight with us!
@losttale1
@losttale1 4 жыл бұрын
Great speech! 1. establish credibility 2. Stay focused on key points 3. logical progression
@scythianrabbit3977
@scythianrabbit3977 4 жыл бұрын
The next step of control is the establishment of a global cashless society and one digital currency. Lets hope we have a return to a gold standard rather than that
@paulpierce2051
@paulpierce2051 4 жыл бұрын
They have to double the national debt every 8-10 years to keep this thing going
@DonTheConPrison2024
@DonTheConPrison2024 4 жыл бұрын
Its always doubled under greedy republicans. What happened to the missing pentagon trillions Bush was being investigated for? They created had 9/11 and all was forgotten... It was never Bin Laden who was living quite nicely in Boston for 22 years.
@akultisgod5538
@akultisgod5538 4 жыл бұрын
im glad hes still alive- a hero and a prophet
@gma729
@gma729 4 жыл бұрын
PETER SCHIFF IS A GENIUS !!!!!
@coinoclast2910
@coinoclast2910 4 жыл бұрын
The Schiffbot had a throat malfunction at 5:26
@Macheako
@Macheako 4 жыл бұрын
"I KNOW ITS SOMEBODYS FAULT!!! I ALSO KNOW THAT IT ISNT MY FAULT!!! GET THE PITCHFORKS YALL!!!!!" - Average American Citizen
@SilverFan21k
@SilverFan21k 4 жыл бұрын
Mr. Schiff, thanks for uploading this for us!
@FrankHarwald
@FrankHarwald 4 жыл бұрын
I couldn't help but snicker on the video thumbnail in which Peter looks like the man in the "old man yells at cloud" meme :D
@eisenjeisen6262
@eisenjeisen6262 4 жыл бұрын
Nobody in their right mind will want fiat dollars, but gold or silver!
@cyberblock7619
@cyberblock7619 4 жыл бұрын
Bitcoin
@DubKei
@DubKei 4 жыл бұрын
Try to go to a store and buy something with a block of gold lmao it’s a terrible medium of exchange
@maam-yj8ph
@maam-yj8ph 3 жыл бұрын
If push comes to shove, you're going to want clean water, sewage management, food, and shelter.
@opnion2294
@opnion2294 4 жыл бұрын
Peter is right. I hope we dont lose our job and suffer again.
@nicestguyinhouse6112
@nicestguyinhouse6112 4 жыл бұрын
dee pack I think that’s wishful thinking. But ye I hope you will be ok 👍
@MrThe1234guy
@MrThe1234guy 4 жыл бұрын
It's going to be so bad you're going to think last time you did not suffer at all but that was a picnic.
@tomadawa6859
@tomadawa6859 4 жыл бұрын
The biggest crisis in history be ready
@nicestguyinhouse6112
@nicestguyinhouse6112 4 жыл бұрын
@@MrThe1234guy defenitely true, il probably get richer though and i dont deserve it any more than anyone else. ashame how the world works tbh. i hope if they bail out the banks that everyone loses their minds and starts a revolution or atleast no so mental that they take note and its not about who is getting bribed in politics and its more about doing right by the people or they will be in alot of shit and worried about their policies and keeping people from hanging them publicly
@TheGroovyJones
@TheGroovyJones 4 жыл бұрын
2 parts. Part 1- At the 2014 G20 they invented bank bail-ins. That means banks take depositor money and replace it with stock in the bank. Part 2- The only solution is for workers to democratically decide what the business does, how to use profits, etc. The current sliver of people with power consider only themselves when making decisions. The only way working people stop getting screwed is that power distributed among us democratically.
@LeeRalph100
@LeeRalph100 4 жыл бұрын
So much truth in this...the last few minutes spoke the most to me.... I would sure like to hear that latter meeting!
@firstlast3507
@firstlast3507 4 жыл бұрын
Peter Schiff speaks. I listen.
@guedesricsfca
@guedesricsfca 4 жыл бұрын
Upload the second part! We need to know how to profit on that!
@maricamarica1821
@maricamarica1821 4 жыл бұрын
The corrupt will be digging their own grave.
@GAMEOVER-ye5ei
@GAMEOVER-ye5ei 4 жыл бұрын
more like our grave
@czechkvapil000
@czechkvapil000 4 жыл бұрын
Nice presentation, good to tell the truth, even when people don't like it.
@thefourthwatch6337
@thefourthwatch6337 4 жыл бұрын
Dammit! I warned you against cracking the egg that lays the google goose.
@Dapperdave-gg6vx
@Dapperdave-gg6vx 4 жыл бұрын
I hear everyone keep talking about consequences of the bubble bursting. My question is what is the solution on when it does to repair the economy?
@Drigo001
@Drigo001 4 жыл бұрын
That's the million dollar question and the answer is THERE IS NO SOLUTION. Once the "bubble bursts", the US economy will collapse which will lead to a world economic collapse which will lead to a global currency reset which will remove the US dollar as the world's reserve currency. Then your next question will be: So what happens when the dollar stops being the world's reserve currency? And the answer is...
@aletoledo1
@aletoledo1 4 жыл бұрын
I'm hoping for an upload of the afternoons presentation
@johnmills3163
@johnmills3163 4 жыл бұрын
EXCELLENT VIDEO PETER !!! THE REAL TRUTH !!! THANK YOU !!!
@manfredadams3252
@manfredadams3252 4 жыл бұрын
I remember watching Cspan in 2003 where the republicans trying to do something in a hearing about Fannie and Freddie. Barney Frank and Maxine Waters were upset that the legislation would "interfere with the innovation of supplying mortgages to people with imperfect credit." True story.
@rs2543
@rs2543 4 жыл бұрын
All this comes down to one question... how much longer do I need to wait before buying a house!!!?!?
@khgriffi
@khgriffi 4 жыл бұрын
Exactly! Lol. Looks like Corona virus might help shouted this process up
@harrykays8193
@harrykays8193 4 жыл бұрын
Already in recession. Unemployment Rates are lies. People working multiple jobs not rated. Debt levels per capita out of control
@zorzobukumica628
@zorzobukumica628 4 жыл бұрын
debt level is private thing. why would one care about someones debt? it is not a must !
@abhinavitsmebellamy
@abhinavitsmebellamy 4 жыл бұрын
Excellent talk. Thanks for this!!
@magnumpi28
@magnumpi28 4 жыл бұрын
Its been 7 days since a podcast! Where in the world is Peter Schiff???
@SamFreedom
@SamFreedom 4 жыл бұрын
If the Fed COULD have reversed it, they WOULD have by now!!!
@fullclipaudio
@fullclipaudio 4 жыл бұрын
They've got a tiger by the tail.
@elbowsanchez
@elbowsanchez 4 жыл бұрын
Dang. Need that sweet porn intro music or it just isn't the same Peter Schiff.
@cyberblock7619
@cyberblock7619 4 жыл бұрын
Dirt bag
@imbeast191ify
@imbeast191ify 4 жыл бұрын
@@cyberblock7619 bag of dirt
@cyberblock7619
@cyberblock7619 4 жыл бұрын
@@imbeast191ify Lifes a garden, dig it
@imbeast191ify
@imbeast191ify 4 жыл бұрын
@@cyberblock7619 if life is a garden what's the federal reserve in that metaphor
@cyberblock7619
@cyberblock7619 4 жыл бұрын
@@imbeast191ify The fed is the fungus that grows beneath the canopy
@reyes2446
@reyes2446 4 жыл бұрын
What a insult to have a krugman commercial in the middle of a Schiff video!
@thomastheram5331
@thomastheram5331 4 жыл бұрын
Sadly we be will forced to work for and buy back the gold stolen from our ancestors! Demand silver money! The people's money! Return all the gold to people first if you want a gold standard! Especially all the Americans gold sitting in the Philippines!
@corvinlord
@corvinlord 4 жыл бұрын
Peter, great talk. May I recommend that you minimize saying "I predicted this and that". You know your shit and it comes across. Those that can't read between the lines will fixate on how your predictions did or didn't work out, as opposed to looking at the big picture - economy is fked and why that is.
@VMac-eg7fb
@VMac-eg7fb 4 жыл бұрын
I remember the days when I could save money at 7% interest, my savings would double every 7 years that's the magic of the law of "compounding interest". It use to be what made the American middleclass able to retire at 65 yrs of age, now days they will not pay you interest like that on your money because it's going into the 1-percenters bank account, the middle class is dying because they are being robbed by the bankers, they have systematically made America's students indentured servants exactly like they did in England before the pilgrims came to our new continent, students spend their life time struggling to pay off their scholastic debt, shame on these thieves.
@hansbass5028
@hansbass5028 4 жыл бұрын
I wish more people had your wherewithal and at least had an idea wtf is going on,well said!!
@1969nitsuga
@1969nitsuga 4 жыл бұрын
The problem is we are screwed no matter what you do. So let's monetize the debt and bring capitalisation to USA.
@ericesoteric3835
@ericesoteric3835 4 жыл бұрын
They're borrowing more than $3000 for every man, woman, and child in this country every month? WTF! I don't even make that much a month and I AM DEBT FREE in my personal finances.
@jdavis9837
@jdavis9837 4 жыл бұрын
He bet Brent Johnson, the milkshake theory guy, on the topic of rate hikes. He’s a smart guy too. Worth a listen
@TheGroovyJones
@TheGroovyJones 4 жыл бұрын
He's a permabear with a speech to sell gold. But a broken clock is right twice a day so he happens to be right about the debt bubble and making it worse by lowering interest rates.
@TheGroovyJones
@TheGroovyJones 4 жыл бұрын
@Solomon Lane There are no fundamentals of economics, every bit of it is invented by the people who use it. There's just a big disconnect between the myths they tell themselves and others about it and what they're actually doing.
@MrMrfamilyguy01
@MrMrfamilyguy01 4 жыл бұрын
They are both right - just apart on timing ... watch ...
@jdavis9837
@jdavis9837 4 жыл бұрын
@@MrMrfamilyguy01 yep. 100% right
@ProlificThreadworm
@ProlificThreadworm 4 жыл бұрын
@@TheGroovyJones OK Marx/Hitler. Unfortunately there are laws that run throughout all societies in history
@dethrugg3734
@dethrugg3734 4 жыл бұрын
Didn’t president rattlehead say he was going to fix the Fed
@denopellegrino7326
@denopellegrino7326 4 жыл бұрын
Great job Peter...
@robertteague6342
@robertteague6342 4 жыл бұрын
Drain the swamp.
@themaestro9527
@themaestro9527 4 жыл бұрын
Peter, you did a speech in Silver Spring MD years back. Is there anyway you can post that? I was there.
@Manuel-1337
@Manuel-1337 4 жыл бұрын
When would you be posting the second part of this video
@stripsusa9559
@stripsusa9559 4 жыл бұрын
Pete. You are the man!
@maciejwarda1974
@maciejwarda1974 4 жыл бұрын
We love you Peter!!!! keep up the great work!!!!
@nattoe
@nattoe 4 жыл бұрын
Peter Schiff 2010: don’t buy stocks Peter Schiff 2013: don’t buy bitcoin Peter schiff 2011: buy gold
@tylerhess4619
@tylerhess4619 4 жыл бұрын
I have a ton of November 15 $300 $SPY puts. Paying off my house in november.
@joebobhenrybob2000
@joebobhenrybob2000 4 жыл бұрын
Seems like a long dated put 9n corporate bonds might be a good bet. Fed is accepting garbage as collateral which encourages the creation of more garbage. Tons of debt to do stock buybacks. MBS all over again.
@Uber1nsane
@Uber1nsane 4 жыл бұрын
As evidenced by modern history, economic depression is the ideal condition for opportunists to justify totalitarian government.
@kriskemp
@kriskemp 4 жыл бұрын
Excellent analysis. Thank you for sharing this video, and for speaking the reality of what happened, what is currently happening, and what to expect.
@julieta203
@julieta203 4 жыл бұрын
The FEDs monetary policy is temporary. About as temporary as Japans has been for last 30-40y!
@cellardoor9882
@cellardoor9882 4 жыл бұрын
And what keeps them from collapsing? In other words, why cant the "collapse" that peter is talking about be delayed another 20 years?
@stebo5562
@stebo5562 4 жыл бұрын
It’s no way to predict it. Simple math dictates that the system can’t continue as it is. Trying to time it is impossible though I can say that America going the way of Japan will have a MUCH bigger impact than Japan doing it
@alanhowitzer
@alanhowitzer 4 жыл бұрын
Repo markets are having problems over this past month.
@azncs11
@azncs11 4 жыл бұрын
They can't stop. Speaks volumes
@kellykizer6718
@kellykizer6718 4 жыл бұрын
Mr.Schiff Mr.33
@sungchoe4370
@sungchoe4370 4 жыл бұрын
He said "waised wates" once, like Bugs Bunny lol. Love Peter Schiff.
@gregmaxwell7636
@gregmaxwell7636 4 жыл бұрын
( I think) the jist of this is that we're addictively spending future (theoretical) productivity. What could go wrong with that?
@ericwedin4154
@ericwedin4154 4 жыл бұрын
What a mess we are all in... and capitalism will be quite wrongly blamed
@BoomBubbleBustRepeat
@BoomBubbleBustRepeat 4 жыл бұрын
All we got is a crony keynesian system... People can kinda get the 1st part but the Keynesian part is not soo easy for the sheeple to understand.
@joshua1auhsoj
@joshua1auhsoj 4 жыл бұрын
Peter has hit his stride! Go Peter Go!
@patrickt873
@patrickt873 4 жыл бұрын
Brilliant. Keep this up. The truth
@FRMHEVN
@FRMHEVN 4 жыл бұрын
💯% sadly correct. 99% of Americans have no clue what is behind door number two. 💖🙏🕊
@johnhardin4358
@johnhardin4358 4 жыл бұрын
Looks that way. There is willful ignorance, but also a discrete conservatism. They know better than to be the nail which protrudes.
@stevenstamatis4107
@stevenstamatis4107 4 жыл бұрын
If corporate buybacks help stock market rise, why doesn't gold rise when central banks are buying by the tons?
@yaneponil1470
@yaneponil1470 4 жыл бұрын
Probably because the actual value van be offset by the worthless certificates of gold, while the bank is stashing physical gold its manipulating the actual value through the paper market.
@hector5749
@hector5749 4 жыл бұрын
they buy physical gold but sell futures. They sell more paper gold then buy physical
@stebo5562
@stebo5562 4 жыл бұрын
An over abundance of paper gold
@freddrayton3485
@freddrayton3485 4 жыл бұрын
Trendy
@stefanantal9629
@stefanantal9629 4 жыл бұрын
because all major banks are caught all the time rigging the metals market
@mustafaaybatar5477
@mustafaaybatar5477 4 жыл бұрын
Perfectly described ..👍
@lgra0817
@lgra0817 4 жыл бұрын
Thank you sir !!
@julz3884
@julz3884 4 жыл бұрын
Dafuq so wheres the video where he tells us how to profit from the boogie man
@davidpaul2914
@davidpaul2914 4 жыл бұрын
Can I take the blue pill I don’t like the red one it scares the heck out of me 😳 thanks Peter your dead right!
@stoneway2455
@stoneway2455 4 жыл бұрын
David Middleton i think u got the pills backwards
@Mr.Wonderfull
@Mr.Wonderfull 4 жыл бұрын
Dont take any pills. See how you have been brainwashed to take a pill to solve something. I know that it is a metaphor, but it is still shows how programmed they have been. Choose reality and health over pills.
4 жыл бұрын
@@stoneway2455 How do you know? Maybe Dave can't get it up and needs viagra.
@threeone6012
@threeone6012 4 жыл бұрын
Peter Schiff was right.
@hermanwilhelm6871
@hermanwilhelm6871 4 жыл бұрын
What about stopping business entitlements?
@ThanhTLam1
@ThanhTLam1 4 жыл бұрын
Peter talking about interest rates almost made him choke..
@ThanhTLam1
@ThanhTLam1 4 жыл бұрын
Truth lol I’m thinking that too. I’m still bullish and the government going to keep the bubble growing no matter what lol.
@ReformedOrderPart2
@ReformedOrderPart2 4 жыл бұрын
You're handsome & it made me gulp, not choke. :-)
@drrightwing4435
@drrightwing4435 4 жыл бұрын
What do you make of the fed injecting billions into the repo market over the last few wks and into November?
@charlikelso5854
@charlikelso5854 4 жыл бұрын
I was reading this just when he choked, weird
@Pdrum2
@Pdrum2 4 жыл бұрын
@TruthOhyeah that's it (sarcasm)
@Skankhunt420.
@Skankhunt420. 4 жыл бұрын
"They call me chicken little, they call me bubble boy" Peter Vennett
@iamnolting
@iamnolting 4 жыл бұрын
😂😂 the up sale in this room at 1 o clock
@SmedleyButlerIII
@SmedleyButlerIII 4 жыл бұрын
QE means emergency debt monetization if your touting the greatest economy of all time, of course you wouldn't tell everyone your doing it.
@robertblue3795
@robertblue3795 4 жыл бұрын
where's the hyper-inflation that you've been forecasting for the last 30 years?
@MrAnibl
@MrAnibl 4 жыл бұрын
Exactly he is a dooms day prophet.. = an idiot.
@duncanmacleod4602
@duncanmacleod4602 4 жыл бұрын
@@MrAnibl This is how he makes money, create fear in people and get them to buy his gold with gold money. The funny thing is, if gold is so much more valuable why is he selling the gold? The truth is somewhere in the middle. Also there is a lot of things that effect hyper inflation, like the velocity of money, and what your every day Joe thinks is money. Your average person would rather have a piece of paper than a block of gold. You can see videos on KZfaq of this.
@hilariuswarwinkel6981
@hilariuswarwinkel6981 4 жыл бұрын
@@MrAnibl open your eyes. The global economy is going down the toilet
@MrAnibl
@MrAnibl 4 жыл бұрын
@@hilariuswarwinkel6981 I know, This is because they don't have the good leadership nor correct policies. The US is Doing great in spite of it.. Not our fault they don't got it figured out.. Right?
@66guns4
@66guns4 4 жыл бұрын
@@MrAnibl Whenever a person resorts to name calling, it's a sign they cannot rebut the argument.
@inheaven11
@inheaven11 4 жыл бұрын
Thank You Peter Keep up your Good Work
@JESUS_IS_GOD
@JESUS_IS_GOD 4 жыл бұрын
God Bless you Peter ❤✝️
@fractalnomics
@fractalnomics 4 жыл бұрын
When is Peter going to get an October phone call from Stockholm?
@oma3015
@oma3015 4 жыл бұрын
Peter called 20 recession in the past 10 years. Lool
@silveriorebelo2920
@silveriorebelo2920 4 жыл бұрын
you are right - but he is always pointing to the same problem: due to all the effort to avoid the crisis by injecting money into the economy, the volatility of the system is rapidily increasing ... - so, it will burst, and burst big - when exactly? that depends on many factors - however, there a possible way out: big investors will begin to invest in the Chinese stock market, which is already growing exponentially, and that may save the dollar - why? because there will massive amounts of dollars in Chinese hands, who will reinvest it all over the world - the end result in 20 years time may be a pronouced decrease in the volume of trade in wall street and an incresse in the Beijing stock market - but there would be a new equilibrium worldwide
@azncs11
@azncs11 4 жыл бұрын
WOLF!
@jfphotography69
@jfphotography69 4 жыл бұрын
Hey moron, we should have been in recession a long time ago, they are just making the bubble bigger by printing more monopoly money, you are not too bright.
@ZelenoJabko
@ZelenoJabko 4 жыл бұрын
Schiff, you are one special cookie.
@normal_norm2627
@normal_norm2627 4 жыл бұрын
Great video Peter. Hope you post your afternoon session as well
@2ndamendment684
@2ndamendment684 4 жыл бұрын
Love peter but like I’ve said before on some of his other videos is a factor that no one sees coming not even peter and that’s WWIII,
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