Will the US Dollar Crash?

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Peter Schiff

Peter Schiff

11 ай бұрын

Peter Schiff discusses Bitcoin, gold, the US Dollar and cryptocurrency on Yahoo Finance's The Crypto Mile. Recorded 6/5/23
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Пікірлер: 627
@alexsteven.m6414
@alexsteven.m6414 11 ай бұрын
Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency. With a decreasing ability to control inflation and a reduction in stocks and oil trading, it seems that a new multilateral world order is on the horizon.
@bernisejedeon5888
@bernisejedeon5888 11 ай бұрын
@@davedelva I personally worked with an investment advisor to diversify my $200k portfolio across multiple markets, resulting in over $980k in net profit from high dividend yielding stocks. With the right guidance, you can also make informed investment decisions and achieve your financial goals.
@yolanderiche7476
@yolanderiche7476 11 ай бұрын
@@bernisejedeon5888 I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with?
@bernisejedeon5888
@bernisejedeon5888 11 ай бұрын
@@yolanderiche7476 Credits Julia Ann Finnicum, to one of the best portfolio manager’s out there. She’s well known, you should look her up
@fresnaygermain8180
@fresnaygermain8180 11 ай бұрын
@@bernisejedeon5888 thanks for sharing this, I googled the advisor you mentioned and after going through her resume, I can tell she's a pro. I wrote her and I'm waiting on her reply
@justinpentifallo8726
@justinpentifallo8726 2 ай бұрын
Spam bots
@KingDavid-jj7tk
@KingDavid-jj7tk 8 ай бұрын
A Financial Planner told me Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?
@waltzwalter
@waltzwalter 8 ай бұрын
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
@primeramujer2138
@primeramujer2138 8 ай бұрын
I stopped listening and taking financial advise from these KZfaqrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice.
@primeramujer2138
@primeramujer2138 8 ай бұрын
As a matter of fact I always preferred to handle my own investing, but after my portfolio took a major hit in 2020, I really had to rethink my plans for the future, so I reached out to an F.A Kaitlin Rose Sternberg who really helped me balance up my losses.
@BenjaminMcLeod815
@BenjaminMcLeod815 9 ай бұрын
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich
@Natalieneptune469
@Natalieneptune469 9 ай бұрын
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or markt condition, but such execution are usuallv carried out by investment experts or advisors with experience since the 08' crash
@PhilipMurray251
@PhilipMurray251 9 ай бұрын
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, invt-advisors are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded nearly 300%, summing up to 7-figure as of today.
@Robertgriffinne
@Robertgriffinne 9 ай бұрын
this is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy
@PhilipMurray251
@PhilipMurray251 9 ай бұрын
NICOLE DESIREE SIMON is the advisor that oversees my portfolio. She's been able to gain some reputation and online recognition with over two decades in service, so it shouldn't be a hassle to find basic info.
@Patriciacraig599
@Patriciacraig599 9 ай бұрын
this recommendation came at right time, very much appreciate it. curiously inputted her full name on my browser and found her site top search, no bs.. over 20 years of experience is certainly striking!
@erikavarga7060
@erikavarga7060 11 ай бұрын
That backround and music is annoying. Here for the content.
@yashpalw9371
@yashpalw9371 11 ай бұрын
You can hear a lot of people on KZfaq, but nobody beats Peter Schiff.
@Nernst96
@Nernst96 11 ай бұрын
The financial sector and derivatives may have a Hindenburg moment if the US Treasury market collapses. Rising market illiquidity in the $14.8 trillion U.S. Treasury market, according to Bank of America, might affect other financial markets.
@mcintyre1
@mcintyre1 11 ай бұрын
@@trane85 Mind if I ask you to recommend this particular coach you using their service?
@trane85
@trane85 11 ай бұрын
credits to Colleen Rose Mccaffery one of the best portfolio manager;s out there. she;s well known, you should look her up.
@mcintyre1
@mcintyre1 11 ай бұрын
@@trane85 Oh found her! Looked up her full name and she was my top search. Thank you for this! Really appreciate.
@pixelboss4980
@pixelboss4980 11 ай бұрын
The thread above is a scam group of fake accounts beware
@neverleverland5685
@neverleverland5685 11 ай бұрын
"Everybody's going to have to take a haircut to avoid a crew cut" thats a good one.
@tari5246
@tari5246 11 ай бұрын
Prior to going off the gold standard, Americans did not benefit from CHEAP foreign goods. They benefited from QUALITY American goods. Americans all had jobs. They had a great lifestyle. One wage earner provided a house, a car, vacations, education. Then the big companies went overseas for cheap labor. The government went off the gold standard so they could overspend. Americans got screwed. No jobs, cheap goods, inflation. I know because I lived thru it.
@kieranshaw146
@kieranshaw146 11 ай бұрын
The background makes me feel like I'm on drugs and I'm not even on drugs.
@bauruparis
@bauruparis 11 ай бұрын
lsd
@randombrandon8514
@randombrandon8514 11 ай бұрын
High on inflation
@ronaldwilson6295
@ronaldwilson6295 11 ай бұрын
Or as Spock put it: "Too much LDS."
@tanneres
@tanneres 11 ай бұрын
They couldn't have put a little table between them? His phone and glass of water are on the floor. And not the best background.
@IainKilpatrick
@IainKilpatrick 11 ай бұрын
The background of this set is insane.
@nxlevelsicc
@nxlevelsicc 11 ай бұрын
Should come with a seizure warning. Also that music is shit.
@lovly2cu725
@lovly2cu725 11 ай бұрын
@@nxlevelsicc I DONT HEAR MUSIC
@TenemaesLament
@TenemaesLament 11 ай бұрын
I found the commenter watching this on acid
@denniscosban6145
@denniscosban6145 11 ай бұрын
You can't see the subliminal message. It says buy gold. You need gold. You will die a horrible death without gold. Gold is going to make you happy. You will unhappy without gold 😮
@davidelliott2485
@davidelliott2485 11 ай бұрын
I’m about to have a seizure from it 😂
@jameswood9772
@jameswood9772 11 ай бұрын
The financial market is one of the most powerful wealth creation tools that we can use to become extremely wealthy. If you save money, your bank account will grow by a certain amount of money each year. If, on the other hand, you invest your money, your portfolio will grow by a certain PERCENTAGE each year. The distinction between these two concepts is enormous. My net worth has grown by $800,000 since the fourth quarter of 2019.
@jamescomb1170
@jamescomb1170 11 ай бұрын
There are numerous misconceptions about investing in the market, which is why so many people fail to capitalize on it. However, given the current CPI figures, it is not advisable to have money sitting around with no or little profit. I have $60,000 to invest, but it's difficult for me to bite the bullet and do it. What happens if I lose everything?
@johnlennon232
@johnlennon232 11 ай бұрын
You need a Financial Advisor, my friend, to avoid being taken advantage of. They offer personalized advice to individuals based on their risk tolerance, putting them among the best of the best.. Some have a terrible reputation, others with a strong track record can be quite good
@chris-pj7rk
@chris-pj7rk 11 ай бұрын
I've been wanting to start investing for a few months but haven't had the courage to do so because the market has been down for the majority of this year. Please tell me how I can rely on such abilities.
@joeyjoejoejunior3859
@joeyjoejoejunior3859 11 ай бұрын
SCAM, SCAM, SCAM.
@chrisbluebird5037
@chrisbluebird5037 11 ай бұрын
The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $750k is down to $592k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
@miawhitlock9140
@miawhitlock9140 11 ай бұрын
@@friederichkuhn8300 Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
@miawhitlock9140
@miawhitlock9140 11 ай бұрын
@@javiermunoz990 My advisor is "Nadine Julia Allevato" You can easily look her up, she has years of financial market experience.
@mesutserim1595
@mesutserim1595 11 ай бұрын
@@miawhitlock9140 I just looked up Nadine Julia Allevato online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.
@bicmitchum4715
@bicmitchum4715 11 ай бұрын
THAT was probably the best 10 minutes of Peter Schiff I’ve seen in a long time! Love you, man! You nailed it at the end!
@zoeytank2921
@zoeytank2921 11 ай бұрын
Stocks closed mostly higher Thursday after the latest round of economic data eased recession worries and financial shares jumped following the results of the Federal Reserve's annual stress test. It just gets very daunting to me when I’m sitting there looking at charts and trying to determine if i’m right or wrong! It shouldn't come as a surprise that the market is currently so gloomy. My $370K portfolio is now reduced to ruins.We require support immediately if we are to survive in this economy. Similar to the real estate market, the ETF and stock markets continue to be highly volatile.
@graceocean8323
@graceocean8323 11 ай бұрын
That's why I'm creating more income streams that I have complete control over. These will take me places that my day job never could. The earlier you start investing your money and putting it to work, the more time compound interest has to work its magic on your portfolio. This is how I'm going to achieve early retirement and it's possible for everyone. Understand, know the path needed and stay committed to the craft.
@hannahdonald9071
@hannahdonald9071 11 ай бұрын
In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing Financial Consultant.
@mcginnnavraj4201
@mcginnnavraj4201 11 ай бұрын
@@hannahdonald9071 Please have you got a reliable one? I really need one so badly.
@hannahdonald9071
@hannahdonald9071 11 ай бұрын
@@mcginnnavraj4201 Can't divulge much, “Salvatore Fortunato Sofia” is the Consultant that oversees my portfolio. She's a very intelligent person, very thoughtful, cautious, and has outstanding credentials. Quite easy to find her on the web.
@TrainToBeAFreak
@TrainToBeAFreak 10 ай бұрын
Why is your portfolio wrecked when the market is almost fully recovered
@djmc8505
@djmc8505 11 ай бұрын
That background is horrible
@leondonald
@leondonald 11 ай бұрын
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
@DavidRiggs-dc7jk
@DavidRiggs-dc7jk 11 ай бұрын
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
@duane_29
@duane_29 11 ай бұрын
in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
@HarrietBemish
@HarrietBemish 11 ай бұрын
Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analvsis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k.
@philipr1759
@philipr1759 11 ай бұрын
@@HarrietBemish Mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 46 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.
@HarrietBemish
@HarrietBemish 11 ай бұрын
@@philipr1759 I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with Christine Jane Mclean for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
@heping07
@heping07 11 ай бұрын
I totally agree with Peter Schiff, the only reserve currency is gold or gold back.
@jeffreygoss8109
@jeffreygoss8109 11 ай бұрын
Love this light show. Peter is explaining how to save America and I’m expecting Pink Floyd to ring out.
@googoolac1060
@googoolac1060 11 ай бұрын
​@@Rawbeatzzzthat dude is a chode
@dannybo1472
@dannybo1472 11 ай бұрын
SCAM
@TakeBackTheMoralOrder
@TakeBackTheMoralOrder 11 ай бұрын
The background is distracting
@divinefem6582
@divinefem6582 11 ай бұрын
This is so people pay attention; it's a hypnosis technique. Their is too fast
@TakeBackTheMoralOrder
@TakeBackTheMoralOrder 11 ай бұрын
@@divinefem6582 Definitely too fast. Doesn't match the tempo of the speaker
@nadiabashar
@nadiabashar 11 ай бұрын
I am so fortunate that I made productive decisions about my finances that changed my life forever. I am a single mum living in Melbourne Australia who bought my second home in September and is hoping to retire next year at 50 if things continue to go smoothly for me
@dumalewikina1362
@dumalewikina1362 11 ай бұрын
Congratulations beautiful lady. You’re really doing well for yourself, I’m 45 and my financiaI Iife is in a mess. Any great tips would really go a long way in shaping my life. I want to buy my own house, that’s really a big flex........
@nadiabashar
@nadiabashar 11 ай бұрын
I apologize for late reply sweetie, I used the FIRE movement to put my finances in order. Then Invested in stocks, crytocurenwcies and reel estate though the assistance of an Investment Pro who helped me make it this big😇
@dumalewikina1362
@dumalewikina1362 11 ай бұрын
Thanks for your kind response, I would love to connect with youR financiaI consuItant
@nadiabashar
@nadiabashar 11 ай бұрын
@KlaraLudwig
@KlaraLudwig 11 ай бұрын
Her training program has been insightful, and I must say, I'm most honored to have been part and a full-time beneficiary of her daily signals. I have been growing & have been able to increase my portfolio from 1.5BTC to more than 5.5BTC with her daily signals...
@dptanner1234100
@dptanner1234100 11 ай бұрын
Peter needs a table for his glass of water
@silvias550
@silvias550 11 ай бұрын
Totally messed up set-up, background, music, chairs, color of chairs...all a mess, i wanted to click out the second I clicked on but stayed for the value of the guest
@shahub5
@shahub5 11 ай бұрын
The ending lol. Nice touch Peter!
@buildorder06
@buildorder06 11 ай бұрын
Great content brilliantly enunciated by Peter; just a pity someone decided to spoil the presentation with irritating background music and light show!
@dolphingirl12885
@dolphingirl12885 11 ай бұрын
I’ve come to the scary conclusion many Americans are content with massively increasing debt to keep status quo and okay with continual foreign wars with millions of casualties overseas as long as they don’t see Americans as the ones suffering. If there is a rally against foreign wars hardly anyone shows up and people that do get angry looks and criticized. They will push debts and wars until it catastrophically collapses because that’s what the people want. I’m not exaggerating
@themoneyfork319
@themoneyfork319 11 ай бұрын
I think this is a deeply accurate and feeling comment.
@xokelis0015
@xokelis0015 11 ай бұрын
Not true Mr. King. Americans are content because they're clueless with regard to what's actually going on. Trust me. I live here. I am an American. I interact with my fellow Americans and tell them about the incoming crash all the time. Most of us aren't even remotely curious how about how money works, or the debt, or even the state of liberties and the speed with which we're losing them. "They'll never let that happen..." referring to the US Government is the most common response I hear, elevating said government almost to the status of a deity and being completely oblivious to the fact that what happens isn't up to the government at all. It is entirely up to our creditors as Peter said. The moment our creditors lose faith the dollar will fall off a cliff. I'm personally stock piling food, gold, and bullets, because this crash will be one for the history books. Also, not all of us are clueless, just most of us. Most of us will be arguing about gender pronouns and other nonsense when society begins to collapse around us.
@paulozimek276
@paulozimek276 11 ай бұрын
@@xokelis0015 Totally agree 💯 !
@7QHook
@7QHook 11 ай бұрын
Trump blocked wars, and he very likely won in 2020 - ie Americans wanted him in the White House. But Democrats do seem content with wars Biden is creating, or worse, oblivious.
@maximumliberty
@maximumliberty 11 ай бұрын
Cloward and Piven is what it's called.
@suegibson8914
@suegibson8914 11 ай бұрын
Well said Peter as usual.
@ardentenquirer8573
@ardentenquirer8573 11 ай бұрын
This is a Peter PUMP Peter keeps captivating his audience as he passionately shares his knowledge, leaving a trail of enlightenment in his wake. With every word he utters, people eagerly absorb new insights and gain a deeper understanding. His captivating presence and dynamic delivery keep the crowd spellbound, fostering an environment of continuous learning and growth. Peter's remarkable ability to engage and educate has turned him into a beacon of inspiration, illuminating minds and igniting a thirst for knowledge.
@jakesauce9473
@jakesauce9473 11 ай бұрын
If agree or not, I love an alternate to the norm
@ardentenquirer8573
@ardentenquirer8573 11 ай бұрын
@@jakesauce9473 Peter does not present a true alternative to the "norm"; rather, he represents a competing school of thought. He passionately advocates and educates others on the principles of the Austrian school of economics. In contrast, the so-called norm is associated with the Keynesian school of thought, which, unfortunately, has been heavily distorted by political influences to the point of being barely recognizable. Keynes's theory faltered because he failed to grasp the inherent truth that politicians prioritize their own self-interests above all else, including the understanding of business cycles that are rooted in human nature.
@Cutlerypotato
@Cutlerypotato 11 ай бұрын
I don't disagree but his trading advice loses you money. I find it hard to beleive he doesn't own any us mega cap tech stocks
@overlordisgoogle8431
@overlordisgoogle8431 11 ай бұрын
Love how the legacy media couldn't be bothered by this topic or concern, but items on many minds of Americans.
@pimpompoom93726
@pimpompoom93726 11 ай бұрын
Journalism is dead in America, the legacy media is owned and controlled by Globalist Elites.
@stewatparkpark2933
@stewatparkpark2933 11 ай бұрын
Peter sat back and let the chair back support him . He looked much more comfortable than the interviewer . This is a sign of somebody who is very confident in their argument .
@janisaksson5966
@janisaksson5966 11 ай бұрын
Wery well spoken by Peter as always 😊
@acethirsk9281
@acethirsk9281 11 ай бұрын
We drastically need major major federal govt spending cuts. We don’t need a department of education - it’s the states responsibility. There’s so many entitlements and so much wasteful spending. Massive spending is driving inflation.
@VoodooD0g
@VoodooD0g 11 ай бұрын
Thanks for repeating everything you hear on this very youtube channel, how about some own thoughts?
@chillstep4life
@chillstep4life 11 ай бұрын
the #1 thing to reduce federal spending is to end the never ending wars... We spend more on defense than the next 10 largest militaries in the world.
@oakson3045
@oakson3045 11 ай бұрын
If they’re true would you rather he make up shit to satisfy your ridiculous expectation for originality?
@dgage1776
@dgage1776 11 ай бұрын
That is NEVER gonna happen. You know that
@waynehendrix4806
@waynehendrix4806 11 ай бұрын
@@VoodooD0g Nope. Defund illegal government agencies now!! Don't feed the beast. Don't support communist government. Our current administration is a $hitshow.
@SuperBullyone
@SuperBullyone 11 ай бұрын
The dollar had been crashing since 1971.
@tobieaina
@tobieaina 11 ай бұрын
The question at the end is interesting Peter. Arent you concerned that the same thing that happened with the dollar would happen again if we have many gold backed currency? People will still want to choose the best one as a reserve/to use for trade
@dragasan
@dragasan 11 ай бұрын
Instead of the Federal Reserve, it should be called the Federal Reverse, because we're going thr wrong direction.
@spaceindian3769
@spaceindian3769 11 ай бұрын
It's not federal nor has reserve
@dragasan
@dragasan 11 ай бұрын
@@spaceindian3769 correct
@well.thy.one.
@well.thy.one. 11 ай бұрын
@@spaceindian3769well it could be said that they are the reserve for the federal govt...and im sure they have plenty of gold
@thatguybill34
@thatguybill34 11 ай бұрын
*I remember June 14 , 2007 when the FED paused at 5.25% and when the recession started in December 2007.*
@Doyle-Nutbush
@Doyle-Nutbush 11 ай бұрын
Peter didn’t mention this default risk has now allowed for unlimited debt for 18 months, no ceiling whatsoever
@squidster3128
@squidster3128 11 ай бұрын
That will be Nightmare on Fed Street, Ep. 2.
@cherubimcherubim9515
@cherubimcherubim9515 11 ай бұрын
It's not debt ceiling it's printing ceiling. US dollars is back by printing machines.
@Doyle-Nutbush
@Doyle-Nutbush 11 ай бұрын
@@cherubimcherubim9515 As it stands congress can spend $5(or 10) Trillion, more than enough to cover the recent deficit amount for 18 mos.
@squidster3128
@squidster3128 11 ай бұрын
I love Peter. Hard hitting, no pussy footing, direct in-your-face! Great interview!!
@skippyzk
@skippyzk 11 ай бұрын
Wow Peter is so smart. The idea that inflation, the value of the dollar shrinking, could cause USA creditors to stop lending is something i haven't thought of. Would devestate the American way of life
@jakesauce9473
@jakesauce9473 11 ай бұрын
credit crunch would have unforeseen results
@agrandesubstituicao
@agrandesubstituicao 11 ай бұрын
Smart but you can’t make anything from what he’s saying nothing actually value anything 😂
@mm-jx7gf
@mm-jx7gf 11 ай бұрын
Except that he has been preaching this same nonsense for 10 years already... You fail to comprehend the real life consequences of a so-called "restructuring" of US debt where we pay 50 cents on the dollar to creditors around the world... I suggest you take a basic economics course before you buy into this garbage.... Interest rates would have to go sky-high to sell anymore debt for years into the future and that would cause the greatest depression the world has ever seen... Nice idea to get a fresh start with our economic and monetary policies, but never going to happen.
@rholalbi8155
@rholalbi8155 10 ай бұрын
No Peter is a Normal MAN YOU GUYS are just idiots and wait for shit to hit the fence to stop calling MEN "Conspiracy theorists" and start educating your ignorant azzes
@rp5339
@rp5339 11 ай бұрын
Thanks for courageously speaking the truth peter so constantly and consistently. The American dream is soon about to turn into nightmare and no one can do anything about it.
@simony276
@simony276 11 ай бұрын
Yes
@tbone3583
@tbone3583 11 ай бұрын
With a light show like that I expected schiffler to jump up and start clubin
@martinrev8487
@martinrev8487 11 ай бұрын
Great job, Peter. You delivered a fine, coherent and concise interview while suffering from a terrible cold (which was very apparent on his podcast when he arrived in London). Impressive. Keep up the great work.
@suhwateezea.214
@suhwateezea.214 11 ай бұрын
Thumbs up for Peter!
@johngreydanus2033
@johngreydanus2033 11 ай бұрын
It's a very balanced, unbiased interview, artificial sweeteners are safe, WMD are in Iran, and Anna Nicole married for love!
@hkomolafe
@hkomolafe 11 ай бұрын
I hope it does
@ericteng7725
@ericteng7725 11 ай бұрын
Most definitely, YES!!3
@bradleyh1964
@bradleyh1964 11 ай бұрын
The USD will be eroded over time as countries move away from the USD. It won't crash overnight. The USD has seen its best days, only a decline going forward, which is not good for the USA economy.
@pimpompoom93726
@pimpompoom93726 11 ай бұрын
Congress spent America into insolvency, the day of reckoning is not far off.
@mcmc7746
@mcmc7746 11 ай бұрын
Living Legend
@cliff311976
@cliff311976 11 ай бұрын
When?? Bring it fast
@kylias7971
@kylias7971 11 ай бұрын
Love you Peter! You make it cool to stand up for Truth and honest money
@hmtmkmkm
@hmtmkmkm 11 ай бұрын
Peter is one of the best bitcoiners I know.
@rphb5870
@rphb5870 11 ай бұрын
WHEN!, WHEN, is what matters, that is the interesting and difficult part, because of course the dollar will crass. The only question is when
@calstanke6170
@calstanke6170 11 ай бұрын
What currency is the USD going to crash against @peterschiff ? EUR, CHF, YEN, GBP, CAN, JPY
@YTChannel344
@YTChannel344 11 ай бұрын
Fort Knox in US has a lot of Gold and is a good alternative.
@coltburks5450
@coltburks5450 11 ай бұрын
Does it? It hasn't been audited in decades. Why do you think Nixon took us off the gold standard.
@randombrandon8514
@randombrandon8514 11 ай бұрын
I drive by it once in a while. They used to have tours, but no more. I wonder why lol.
@briangoodspeed8807
@briangoodspeed8807 11 ай бұрын
Why is there music playing?
@podnuh
@podnuh 11 ай бұрын
Obviously they know what he’s saying is absolutely true. It’s amazing that it’s still working…for now
@hannahdonald9071
@hannahdonald9071 11 ай бұрын
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. The ETF/Equity market keeps swinging.
@zoeytank2921
@zoeytank2921 11 ай бұрын
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point.
@graceocean8323
@graceocean8323 11 ай бұрын
@@zoeytank2921 I agree, and for that reason I prefer to have a financial consultant make my day-to-day investment decisions. Given that their entire skill set is based on going long and short at the same time as well as employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's nearly impossible to not out-perform. I've been using a financial consultant for over two years and I've already seen positive.
@graceocean8323
@graceocean8323 11 ай бұрын
I've spared myself the hassle that a disorderly market brings. Because of my line of work, I am unable to manage my portfolio, so I simply mimic the trades of SALVATORE FORTUNATO SOFIA, an investment advisor I watched on Bloomberg Business News. These days, the best approach to enter the market is through reading, researching, being patient, and getting advice when necessary. After that, everything went smoothly.
@mcginnnavraj4201
@mcginnnavraj4201 11 ай бұрын
@@graceocean8323 She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.
@peterbarrett5496
@peterbarrett5496 11 ай бұрын
Dude old joe is already on it. If u take it from Walmart they won't chase you out or arest you. Call that the 5 finger stimulus 2023
@randombrandon8514
@randombrandon8514 11 ай бұрын
I could only get behind a national sales tax if it taxed everything equally. E.g. a sales/service tax that taxed stock sales, payments to lawyers, advertisers, lobbyists etc.
@squidster3128
@squidster3128 11 ай бұрын
Yeah, the rest of the world calls it VAT or GST
@johnsmithdoe5642
@johnsmithdoe5642 11 ай бұрын
It’s so simple……and as long as you print the currency, you can print however much you want. You’ll never default because you can just create the credit. It distorts the economy, and the economy can shrink and be torn apart, but the government can always pay its debt by simply printing the money. The problem that is tearing the American economy apart is not the government debt - it’s the private debt that is leading to a default. When you default on your debt, you forfeit you property to the creditors. So, what you’re seeing now is a large scale transfer of property, a transfer of real estate, a transfer of cars that people had bought, but couldn’t keep up the payments on, a transfer of income from the 90% to the 10%..prestó…
@sandybottom6623
@sandybottom6623 11 ай бұрын
A suggestion: Reform the taxation system - root and branch. Replace all taxes with a transaction tax automatically collected on all payments (transfers) (like a Visa card fee). Payments to companies and businesses - 1%. Payments to individuals - 10%. The point of tax payment being at the companies and businesses - to and from accounts. No exemptions. Nice and simple and effective. No paperwork required. No taxation returns. You would save a massive amount of money.
@markgodfrey4394
@markgodfrey4394 11 ай бұрын
Good content and I thank you for breaking it down!! Even with the current dip in crypto current, I’m still Glad 😊I can smile back at my portfolio of $56,700 made from my weekly trade within a short period.
@willy8237
@willy8237 11 ай бұрын
Same here, with my current profit of $49,000 made from my investment with Mrs Mary Ann Bennett trading platform I’m totally convinced, she’s the best trading broker I have worked with and her strategies are so easy to adapt, she’s such a blessing to me especially in this current dip 😍
@alixezuga2892
@alixezuga2892 11 ай бұрын
I heard a lot about Mary Ann Bennett and how good she is, please how safe are the profits?
@andywilliams5646
@andywilliams5646 11 ай бұрын
Amazing, the first time I placed my investment with Mrs Mary Ann Bennett, I felt a bit skeptical but eventually my returns were directly sent to my crypto account, I was so happy and I have been investing without thinking twice
@georgeshamoun3680
@georgeshamoun3680 11 ай бұрын
I almost got lost in the crypto world after I had an awful trade, my colleague introduced me to Mrs Mary Ann and she helped me recover my loss and made total profits of $59,700 and I’m happy again, I just like the way she transparently analyzed my trade☺️
@emiliorose8950
@emiliorose8950 11 ай бұрын
I’m a long term investor, I withdrew my profits of over £61,000 during the covid-19 pandemic.
@Silverback60
@Silverback60 11 ай бұрын
Having a small table there would have been nice...(water, phone on the floor ?)
@fbjhnmyuudsfojvf
@fbjhnmyuudsfojvf 11 ай бұрын
Music?
@nursejean903
@nursejean903 11 ай бұрын
Peter schiff for president
@grdelawter4266
@grdelawter4266 11 ай бұрын
The backdrop and the background music was terrible. I know that was the British show that Peter appeared on but it really sucks! I really agree with Peter in the last 2 minutes! Every currency must be gold backed, we must have a level playing field!
@toweringoak1107
@toweringoak1107 11 ай бұрын
Tough to concentrate with that disco background.
@brysona466
@brysona466 9 ай бұрын
The Gold Gram is the Standard Unit of Measure .... Measure of Value, Like the Meter
@SierraLeighanne
@SierraLeighanne 11 ай бұрын
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world. both NFT, real estate, Stocks and Crypto is positively changing people's lives.I'm delighted I was able to contact my coach Gregory Thomas Patchak earlier this year because while others were busy whining about the downturn I was busy cashing out from my portfolio, finally making over 370k only for the first quarter. of the year. Gregory Thomas Patchak. Has helped us become debt-free and save for retirement." he has helped transformed my life, he has been amazing, and ever since I met him, my life has taken a positive turn because of the passive income through his knowledge and ideas are essential for succeeding against all odds in this area of online commerce…
@Seanmirrer
@Seanmirrer 11 ай бұрын
Wow, that's more than a mouthful of profits he’s making you.I immediately hunted him up on Google, found his website, and left a message in hopes that he will react soon. Appreciate!!!!
@Bradleyschaeffer376
@Bradleyschaeffer376 11 ай бұрын
My previous coach got me into over 60 different investment which turned out bad,I lost over 25% last 3 years.Anyways that’s all in the past now as I was able to clear my debt and make up for my losses with the help of Gregory Thomas Patchak
@GaryWinstonBrown
@GaryWinstonBrown 11 ай бұрын
Thank you for sharing your experience. Your coach was simple to discover online. I did my research on him before I wrote to him. He appears knowledgeable based on his online resume.
@pumadown1943
@pumadown1943 11 ай бұрын
I like this man, he's smart and know what the hell he is talking about. He should take Jerome Powell's place, we'd be better off!
@JuanCarlos-sd3xx
@JuanCarlos-sd3xx 11 ай бұрын
The first dollar comes into existence by fractional reserve banking. You can never get out of debt
@martw3240
@martw3240 11 ай бұрын
the first dollar that was not earned you mean, by someone else putting in the Work. You can get out of debt, as long as you never bought into it , bit of reap what you sow, you know?
@USGrant21st
@USGrant21st 11 ай бұрын
Nonsense. The dollar that was created by a bank inevitably comes back as a payment for that debt. The average life of credit is about 5 years. The only thing that stays permanently is the interest paid on the debt. That interest is somewhat smaller than the goods/services created by the credit, otherwise nobody would be borrowing. So the banks creating dollars is not inflationary, it's the lifeblood of the economy.
@ross4061
@ross4061 11 ай бұрын
Digging the background! I wonder if this place doubles as a disco 🪩 at night 🌃?
@cherubimcherubim9515
@cherubimcherubim9515 11 ай бұрын
It's not debt ceiling it's printing ceiling. US dollars is back by printing machines.
@TonyHepp
@TonyHepp 11 ай бұрын
The background music/noise ruined this interview
@NowTrendingNow
@NowTrendingNow 11 ай бұрын
I feel grateful that I have been able to be of service to you. Thank you for your positive feedback.
@anthonynguyen1663
@anthonynguyen1663 11 ай бұрын
You don’t need to interview Peter, he is always bearish and promote his gold investment
@pamholloway-jw3cz
@pamholloway-jw3cz 11 ай бұрын
That background and background music is so distracting and Peter did great with that going on
@GrantDWilliams82
@GrantDWilliams82 11 ай бұрын
Nothing says "Jolly Old London" like tripping on acid in a room full of lasers.
@newworldforward1842
@newworldforward1842 11 ай бұрын
Bitcoin is a gold coin now?
@zmh8595
@zmh8595 11 ай бұрын
That's a nice suit.
@tishela1134
@tishela1134 11 ай бұрын
I hope you feel better soon.
@toriphillips7383
@toriphillips7383 11 ай бұрын
There are so many different opinions to what’s going to happen
@stevewill3572
@stevewill3572 11 ай бұрын
This is the way to keep them in check and that is precisely why it will never happen
@tommyj6481
@tommyj6481 11 ай бұрын
Recently the tresurer of NSW admitted that the government is the largest employer in Australia. Seems obvious, right? On the good side he also talked about cutting gov spending👍
@9FINGA
@9FINGA 11 ай бұрын
Love Peter, but we don't have to cut to NO growth in spending, it just has to be slightly lower than inflation and it will solve itself over time.
@sandybottom6623
@sandybottom6623 11 ай бұрын
Use a 'virtual gold' system -ve QEd at source, +ve QEd at destination - no reserve currency required.
@MiaKatherine-sj7ne
@MiaKatherine-sj7ne 5 ай бұрын
The US economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@Dave_East
@Dave_East 5 ай бұрын
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
@JacobPaula
@JacobPaula 5 ай бұрын
Well I recommend you make a diversification plan because it's been harder to build a good stocks-portfolio since COVID. My colleague suggested I hire a brokerage Adviser, and I've actually made over $150K with their help during last market upheaval. They used defensive strategies to protect my portfolio and make profits despite the ups and downs.
@Eric_Dennis
@Eric_Dennis 5 ай бұрын
I find this intriguing. Could you please provide me with the means to get in touch with your Adviser? I am concerned about my dwindling portfolio.
@JacobPaula
@JacobPaula 5 ай бұрын
I'm guided by Stacie Lynn Winson . An experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
@jimmydan12
@jimmydan12 5 ай бұрын
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
@andrewdunlop2966
@andrewdunlop2966 11 ай бұрын
Peter Schiff common sense. 🎯
@RRachwal21
@RRachwal21 11 ай бұрын
Peter the world is going to end tomorrow, should I buy gold? Peter: “Sounds like a gold buying opportunity.”
@xokelis0015
@xokelis0015 11 ай бұрын
Well every asset that is not already in a bubble is a massive buying opportunity when the money supply increases by 50% in two years. Its just that so few things aren't in a bubble yet. Gold is one of them, and it has a proven track record so its a safer bet than most things out there.
@RRachwal21
@RRachwal21 11 ай бұрын
@@xokelis0015 The problem is that it’s one of the most manipulated assets.
@Anon_Anon
@Anon_Anon 11 ай бұрын
Lol
@rap3208
@rap3208 11 ай бұрын
@@RRachwal21 You can't manipulate it because you can't print or make it. It is either you have gold or you don't.
@RRachwal21
@RRachwal21 11 ай бұрын
@@rap3208 very few people take possession of their gold. Gold certificates are sold to multiple people. If those people ever went to claim their gold gold prices would soar to an infinite amount. So gold can and is manipulated.
@yahyatsb8709
@yahyatsb8709 11 ай бұрын
Cut the defense spending. That would be the most effective
@richardhead4759
@richardhead4759 11 ай бұрын
I would prefer a commodities based currency to include oil food stuffs and precious metals over toilet paper currency's
@squidster3128
@squidster3128 11 ай бұрын
It'll be gold as it's already a tier-1 asset. It'd be a bit difficult to use Uranium or pork belly as a backing for a reserve currency.
@lilblackduc7312
@lilblackduc7312 11 ай бұрын
@@squidster3128 On a local level, it's going to be real easy for me to use my Homemade Wine/Whisky/Weed for barter, no problem!🇺🇸 😎👍☕
@CarlosGonzales-wm8xx
@CarlosGonzales-wm8xx 11 ай бұрын
Bitcoin wasn't mentioned.
@abrahams.lincoln6749
@abrahams.lincoln6749 11 ай бұрын
👍
@thehood5079
@thehood5079 11 ай бұрын
Run for office!❤
@AndrewQuiroz24
@AndrewQuiroz24 11 ай бұрын
Who are our creditors?
@lqla4837
@lqla4837 11 ай бұрын
Video summarized... **Maybe**
@GKMusik1
@GKMusik1 10 ай бұрын
I like how Peter has his phone on the floor, not on him. Smart guy. Why the background music though, so annoying, and adds nothing
@jasonpatrickries
@jasonpatrickries 11 ай бұрын
What are investors going to turn to, the yuan?
@Yup333
@Yup333 11 ай бұрын
I thought this was dancing with stars judging by the background.
@bobbiecrider6964
@bobbiecrider6964 11 ай бұрын
👍👍
@danoneill2846
@danoneill2846 11 ай бұрын
555,000 +++ SUBs Good Job !
@Chris-tq1jy
@Chris-tq1jy 11 ай бұрын
Peter Schiff’s Gold fund just made another lower high on a 5 year time frame. Looks to be headed under $5 by end of year.
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