Economy In Trouble As Recession Looms
HTML-код
- Опубликовано: 9 сен 2024
- Peter Schiff on OAN Real America with Dan Ball. Recorded 8/5/2024
🟨 Sign up for Peter's most valuable insights at schiffsovereig...
📈 Invest like Peter: schiffradio.co...
📘 Book Store: schiffradio.co...
👉 Follow Peter Schiff on Twitter: / peterschiff
👉 Follow Peter Schiff on Instagram: / peterschiff
👉 Follow Peter Schiff on TikTok: / peterschiffofficial
👉 Follow Peter Schiff on Facebook: / peterschiff
Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.
There are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Who is this person guiding you and how can i reach he/she?
Her name is Rachel Sarah Parrish can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
If you lack knowledge about market investing tactics, get advice from a financial counselor.
Generally speaking, a good number of people discredit the effectiveness of financial advisor in planning for retirement, For over the past 5years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $1million in gains… might not be a lot but retirement doesn’t seem so farfetched anymore.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?
Her name is Annette Marie Holt can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I think the next big thing will be A.I. stocks, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
Annette Christine Conte is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Annette Christine Conte is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
It's sad how difficult things have become in this recessive economy. I was wondering how to utilize some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $150K-worth stock portfolio from decline, but haven't figured which way to go.
Very difficult indeed, but when the going gets tough, the tough gets going. You have to learn and handle finances properly. you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows. Don't go for penny stocks.
Opting for a brokerage Adviser is currently the optimal approach for navigating the market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 300% since 2022
How can one participate in this? I sincerely aspire to establish a secure financial future and I'm eager to see it come to fruition. Who is the driving force behind your success?
Jessica Lee Horst is a hot topic even among the finance elite in America. She's just a search away(on the net)
I just curiously looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&p but its hard to bite the bullet and do it.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor 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/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
Her name is. 'GRISELDA ELENA JEMMOTT’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $42,500 per week even though I barely trade myself.
I'm favoured financially, Thank you Jesus $36,000 weekly profit regardless of how bad it gets on the economy.
How
..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
Thanks to Mrs Maria Davis.
She's a licensed broker here in the states
The best way to describe the present economy is 08' 2.0. Yes, stocks are at discount and things will eventually get better, but as of now, my monthly living expense is up $3750 from $1600 and I'm left wondering what retirement may have in store for me.
oh well, some financial situations can be handled on your own, while others are best navigated in consultation with an advisor
True, despite having no prior investing knowledge, I got fully invested before the pandemic and pulled $150k in profits that same year. In reality, all I was doing was following professional guidance, and as of today, I'm only 10% shy of a million dollar portfolio
pls how can I reach this expert, I need someone to help me manage my portfolio.
She goes by '' Kristin Amy Rose '' a renowned figure in the financial industry with over two decades of experience. I'd suggest you research her further on the web
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
The continuously changing economic conditions in our society have made it necessary for thousands of peopleto find additional sources of income. Personally, I am looking at the stock market to fuel my retirement goal of $2m, my concern is the recent market crash.
buying the dip has proven to be profitable although for majority, the solution to their problem can be found only in specialized knowledge hence they seek guidance from well experienced advisors
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
The decision on when to pick an Adviser is a very personal one. I take guidance from Vivian Jean Wilhelm to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Recently, I've been pondering retirement. I've also want to put $300K into the stock market but i need an approach that will align with my risk tolerance and financial goals to secure our future
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
Svetlana Sarkisian Chowdhury a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
This is what happens when you print money and have massive government debt
You realize once again that America's real Industry and its most profitable Busi ess, is still the manufacturing, distribution, packaging, and marketing of complete Bull****!
Pure Cut, Grade A, All American Prime Bull****!
It’s been “happening” for 10 years already, will it actually happen or we’re just gonna keep waiting?
Peter correctly predicted 10 of the last 2 recessions.
Print 💰 and no one wants it anymore
this is what happens when centeral banks control the money
Considering the shaky economy, I'm keen to know best, how people split their pay, how much of it goes into savings, spendings or investments. I’d be retiring/working much less in 5 years, and sometimes earn up to $160K per year, but nothing to show for it yet.
thats personal, you should connect with an advisor for proper financial/investment planning, never can tell what the future holds
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q4 2024.
Please can you leave the info of your investment advisor here? I'm in dire need for one
Lauren Marie Ehlers is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
I'm new to BTC and I've been making losses trying to make profit myself in trading.. I thought trading demo account is just like trading trading the real market... Can anyone help me out or at least advise me on what to do?
Wow. I'm a bit perplexed seeing her been mentioned here also didn't know she has been good to so many people too this is wonderful, I'm in my fourth trade with her and it has been super
Any specific guide. I'm from Georgia how do I go about this? I think I'm interested how can I get in touch with Mrs Donna Morris
Thanks for the info. I'll reach out to him immediately
Well this is not my first time of seeing her name on RUclips channel. I think she's extremely brilliant and lucrative at the same time...
Investing in stocks is a good idea, a good trading system would put you through many days of success.
Told us about 2008 and when he tells them and they didn't want to hear it, they stopped putting him on CNBC
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I'm new at this, please how can I reach her?
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery
Glory to God shalom.
I can't believe what's happening to the market! It's like a roller coaster on steroids. I'm so worried about a recession.
I'm not so sure about an emergency rate cut. It might just be a temporary fix. We need to focus on long-term solutions and invest wisely.
Both of you have valid points. An emergency rate cut could provide a short-term boost, but it's essential to have a comprehensive strategy.
I'm retired, and this market volatility is really stressful. I worked hard for my savings, and I don't want to see it disappear. I wish I had a better understanding of what's going on.
I'm just starting out, and it's overwhelming to see the market like this. How can I even think about saving for retirement when everything is so uncertain?
Have you thought about working with a financial advisor? work better for you in retirement and plan for unexpected expenses. It might give you more peace of mind and help you enjoy your retirement more. Best wishes!
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation*
Interesting, This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro Investor?
I feel Investors should exercise caution with their exposure and.exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or a licensed expert in order to navigate this recession and achieve potential high yields
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
Brian Humphery Services was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Brian.
He is really a good investment advisor. Was privileged to attend some of his seminars.that's how I started my own crypto investment
News flash! Unemployment is in the high double digits.
Doesn't matter, we don't need to work anymore, just put your money in the stock market and let the Fed pump it to new record highs and make a fortune.
Yeah no
Americans can no longer afford to collect unemployment cause it cant even pay the rent for a studio apartment!!!!!!
the reason nobody is on unemployment is because it cant even cover the average rent for a studio apartment!
Wrong!
Why did Peter totally avoid the question about brokerage firms locking people out to stop them selling???????
It’s almost here. Been waiting well over a decade. It’s funny how bad news is good news for the stock markets, until it isn’t.
10 years sounds like a lot of time, but it's really not. It's honestly kind of funny how long we were able to kick the can down the road.
People who hope for doom so they can make money are @ss holes
Truth is we’ve been in recession for a few years. Government metrics are bullshit. Since 2008 we’ve been on life support with QE and all the games, lies the Fed and our government tells us. We are in a silent depression.
Why dodge the question about the brokerage 'outages'?
If you can't hold it in your hand, you don't own it.
Haircuts must go back to 15$
Go to a Hispanic trailer salon and you can get close
Walk into a black community, easily get it
Mine is 47 dollars. One haircut per three months.
I wouldn't go get my haircut even if it was free. I cut my own hair with a pair of clippers I bought many years ago. It saves a ton of time and money.
I cut my own hair number 2 all around to expensive straight up like 60 for me n my kid
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 11Bitcoin in the space of a few months... I'm especially grateful to Catherine Alderete, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She's often interacts on Telegrams, using the user-name...
@CatherineAlderete...
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
Market is moving crazy these few days but if you are smart then you should know the best thing to do is exchange especially with the right guidance
I appreciate the professionalism and dedication of the team behind Catherine's trade signal service.
The wisest thing that should be in everyone at this time should be to invest in different income flows that do not depend on the government. Especially with the current economic crisis around the world. This is still a good time to invest in cryptomones (BTC, ETH, e.t.c.)
Hello, I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
Yes, and that's true. The current global economy doesn't help. Keep in mind that people are really making it big in cryptocurrency and Forex trading.
Same, I operate a wide range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Veronica López has been an amazing experience.
Reaches 100,000 today. I am truly grateful for all the knowledge and nuggets you have given me over the past few months. Started with 20k in August 2023.
Same thing, I met Ms. Mrs. Veronica López last year for the first time at a Stock Exchange conference in New York, then my family changed forever. God bless her
Peter one of the best economists!
Even broken clock is better than him
@@kokica007he’s been pretty spot on about inflation though. 3 years ago he said high prices are here to stay when everyone else said it was temporary.
@@MikeW-xs8rf lot of people said that
Our economy struggling with uncertainties, housing issues, foreclosures, 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.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety.
Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions.
Consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Jennafer Beaver Turner is the licensed advisor I use.
Just research the name. You'd find necessary details to work with to set up an appointment
Thanks, I looked her up on Google and was very impressed by her credentials. I reached out because I need all the help I can get. I've scheduled a phone call with her.
Maybe the banks will crash and forget about my debt 😊
Hell will freeze over first, slave
Nope. The great taking, you’ll lose your home and retirement
Peter is the 🐐
Mike Norman is now saying that a recession is coming. That guy is the bull of all bulls. So if he's saying a recession is coming, you know it's really coming
If everyone is saying it it’s not gonna happen, something else might
full collapse
it actually makes it happen even more because people become fearful and stop spending @@charthers8903
Not with the Fed's ability to stimulate the economy. Dropping the interest rate to zero and money printing will make any recession into economic boom. Just waiting for my $20k stimulus check.
Is that crackpot still alive?
Joe biden is over at the presidential ice cream dispenser as the nation falls apart.
The nation has been falling apart waaay before Binden ahaha
@@dadada396 you're right about that!
Chocolate…chocolate chip
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Marisa Breton Dollard who can assist you on things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
He hasn’t been warning for months he’s been warning for decades
Perma bears are always garbage
Hey peter please pin this. Charles Schwab locked small retail investors out of their accounts while the crash was happening! I don't know if they did it intentionally or not, but definitely using a different trading platform now!
Probably intentional. Brokers have to limit sell orders since their customers are the lowest tier priority. Schiff dodges the question bc he likely has some of the same policies in place. Otherwise stuff would go bidless if retail and commercial investors all pabmnic at same time
@@dvaritek434 I thought it was because of an influx of people logging into their accounts and their servers not having surge/DDOS protection. But yeah. I guess the clients with the larger portfolios get first priority and the little guy gets screwed.
Well crap…..as much as l love ol Schiff he completely dodged the question about small guys not being able to trade when everything went to hell. Com’on Pete! 😂
Yes, let’s get to the bottom of this! How about Blackrock shorted Trumps businesses and then it got away with this was a mistake. 🤔
You are not allowed to leave the pocker table first
THat is why there won't be a stock market crash because they just shut it down and not let retain investors trade. And they will prop up the market at the same time.
That’s what happens when retail investors use online trading platforms. When you deal with a B/D, you won’t have that problem.
@@harrypaez2796 What does B/D stand for?
In SCHIFF we trust!
Hello, we’ve been in a recession for over one froking year! Stop this BS! They are slow walking this crap.
Physical gold is king not paper third party gold.
Thanks for clarifying the difference now from the 6% full employment threshold.
Gambling apps is milking the country money too ....
schiff has been calling a crash every single year since he was born
I like how peter can give himself whatever titles he wants since he owns his own company
I wish Peter Schiff would run for president!!!!!
Recession plus inflation for 3 qtrs is stagflation. 4 qtrs is depression.
Inflation is going to zero
Peter Schiff right from the start. Since 2006.
Love to see P. Schiff on live T.V. 🎉
What crash? We will see how this turns out in the next 6 months.
Who thinks Harris is 10X worse than Biden? Don’t complain about the economy… vote for Kamala and watch things get even worse.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from 275k to 850k.
Actually, I’ve actually been looking into that lately, the news I've been seeing in the market hasn't been so encouraging honestly. If you don't mind me asking who's the person guiding you?
Margaret Ellen Whitlock's, seems to offer practical insights..
Peter Shiff is the BEST I see Peter - LIKE LIKE 👍👍👍👍
Stuck between a rock and a hard place. Cutting rates is going to make inflation Skyrocket and I don't think it's going to help the markets or the unemployment situation either. So Sky High inflation and massive joblessness
Stagflation is overused
@redskinjim I don't go by jingoisms. Call it whatever they want. It's still shit job market and inflation
Peter Schiff - Told you so and this is only the beginning. ☺
Bidenomics is working!
Working to destroy our standard of living and quality of life! And value of our dollar!
Peter Schiff for President!
Peter must be stoked to be back on tv, he’s been complaining about not being on tv since 2009
Dollars will be bad quality toilet paper in the future
The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich
Sound good, How do you do that?I'm interested, how do I go about getting started?
Do you invest with a professional broker??I'd appreciate it if you show me how to go about it.
She's a licensed broker here in the state 🇺🇲 and finance advisor
YES!!! that's exactly her name (Mrs Andrea Megan ) so many people have recommended highly about her and I'm just starting with her from Brisbane Australia🇦🇺
Same here, with my current portfolio madefrom my investments with my personal financial advisor (Andrea Megan) I totally agree with you
Where is hyperinflation Peter?
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
Carol Vivian Constable is the licensed advisor I use. Just research the name online. You'd find necessary details to work with and set up an appointment.
Thank you for the lead. I just searched Carol by her full name and easily spotted her profile, no sweat. I have sent her an email, hoping she gets back to me soon.
Our host is right. U6 matters. We have high unemployment and high interest
Nothing has really happened. The over inflated stock market dropped 5% big deal
time to panic!!!! Lolol
@@Gabber44906
You never lived thru the 70s, STFU.
Not yet! Buckle up buttercup!
The 2008 financial crash took nearly a year for the financial markets to bottom and 4 years for real estate . You think it's going to be over in a few days?
@@deadcell1 The Fed hands were tied by the Senate back in 2008. Since then they passed a law that allows the Fed to use QE within its own discretion. So the Fed can now prevent any crash with a simple liquidity injection and increasing it's balance sheet while dropping the interest rates. Those types of crashes can't happen anymore.
Economy is in the trash
U.S. t bills are the same as junk bonds. In order to get buyers you need to keep raising yields as the national debt keeps going higher.
things are not improving.
I'm looking at high-yield dividend stocks. Selling 200k worth of equities is stupid without reinvesting it. I might turn to cash soon if I don't invest it. Any particulars? (Buying bonds or CDs is not for me)
Don't get any such ideas. If I were you, I would bother less and buy gold and bitcoin. There are more institutional investors in long bonds than individuals and they are all relinquishing their long term holdings.
I agree, while higher interest rates increase bond yields, they also hurt long-term bondholders who can't wait for their bonds to mature. IMO You are better off for next 5 years by buying the dip now.
These institutions want to hold your money for the longest in the worst bond bear market in history. Do not subscribe. Look for alternatives to keep passive income coming. I think the commodities market is looking good, but consult with a planner like I do before putting your money into these markets.
I am new to alternate investing, bonds were sold off, now this pump and dump scheme by the fed. What other alternatives have you tried that bring you passive income?
How did Peter’s funds do?
Peter is hitting homerun after homerun - from calling the Bitcoin scam over a decade ago, to the rise of gold...PETER WAS RIGHT...AGAIN!!!!
for months? i first saw peter in like 2010 and he was saying another big crash was coming.
why is there energy poverty in an energy rich nation? who did that? you get what you vote for?
Ah Ya wake up. It is here. Anyone that does not see this is asleep
Peter schiff he’s been saying this and people don’t listen we’ve been in a recession for the past 3 years this isn’t going to end anytime soon.
Different twist on Buffets sale of Apple...he owns 5 brokerages in Japan and issued a quarter trillion of Yen bonds in 4/2024...then BOJ raised rates....Caused a big loss? Basically similar effect as a Japanese carry trade unwinding?
You filled a lot of holes on questions I had on my mind. Thank you for clearing a lot of things up
Peter KNOWS 👍🏼
This is a fantastic interview! Peter Schiff's insights on the current economic situation are invaluable. His warnings about the looming recession and the potential for stagflation are sobering but necessary. I'm particularly interested in his analysis of the job market and the disconnect between the official unemployment rate and the U6 rate. It's clear that the economy is in trouble, and we need to be prepared for what's to come.
However, I'm curious to hear other perspectives on the situation. Do you agree with Peter Schiff's assessment of the economy? What do you think are the biggest risks facing us in the coming months? And what steps can we take to protect our finances? Let's discuss!
I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.
@@AlfredStephen127 Numerous opportunities exist to achieve substantial profits at present, but executing high-volume and nearly flawless trades requires the expertise of real-time professionals with an ISDA Agreement. This agreement allows investors to participate in sophisticated trades, exclusive to seasoned individuals, and unavailable to amateurs. Attempting to be a high-stakes trader without an ISDA is akin to trying to win the Indy 500 riding a llama.I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 85k.
@@KateBuesgens That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
@@EdmundEthan093 There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Claire Robert’s Durand for about five aiyears now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@@KateBuesgens She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
In light of the impending recession and the fact that inflation is still far higher than the Fed's 2% target, several of the most prominent market analysts have been expressing their views on how terrible they believe the next downturn will be and how far stocks may have to fall. I need advice on what investments to make because I'm attempting to create a portfolio for my children that will at least be $850k in value.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I've been talking to a coach or a long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.
we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Peter you completely missed the fact that the surge in unemployment was due to storm jobless claims in texas etc. Not saying your big picture is wrong!
I like Pete but even a broken ⌚️ is correct ! He’s been saying this for 10 years !
Credit spreads widening. This is the crash!
They aren’t going to cut rates either
Energy stocks would be my choice.
All stocks will go down at the beginning. Even gold and silver mining stocks. People will have to sell gold and silver to cover up the margin calls they will get. After the biggest hit has taken place, the silver and gold mining stocks will triple. This was the case in 2020.
Awesome! I used to work with Dan as his photog.. Even his roomate when i was in my 20's.... He's solid in the news biz even still.
In all honesty, we need a recession.
blame the collapse on japan.
Schiff alarm bell is 16 years old. Might take another 16 years
Well …….. bye
I have heard Buffet talk trash about Gold I doubt he will buy any
Can he or anyone explain why the hell long term treasuries would go up? Historically always, when the FED cut rates and there was a recession, long term treasuries went down substantially...
because the fed isn't going to raise rates. why? because every normie on television says they will
I have a Peter's been saying this for 40 years I knew his father Irwin great guy the sky is falling the sky is falling
I got out of the market in Dec and into a 5% guarantee tax free return. Up until Monday I was down 2%. After Monday I am up 2%. One little rate hike in Japan and a slightly neg jobs report and the wheels fall off. Markets are overvalued and the economy has tanked. There's a huge reconciliation about to happen.
Dudes show some respect and pronounce the future President’s name correctly.
Peter is an awesome guy! ❤
Love Peter and for years I follow him. I’m debt free, cash ready, smarter with my investment. Gold baby, this crash is coming
Its ridiculous I work hard every day and make what used to be really good income. I can't even afford shelter....
So what's the answer ? Mr. Schiff, What would you do ?
Let's be very clear about one thing. The "market" has been massively wrong on what the Fed should do with the funds rate for at least 2.5 years now. In early 2022 before the Fed even started hiking, the market was already forecasting rate cuts to happen by end of 2022. The market at the start of 2024 had 7 rate cuts for 2024. Laughable to suggest the Fed is the one that has been getting this wrong. It has proven out that they were right to start hiking in early 2022, aggressively ramp up that funds rate, and then keep it at the terminal rate until now. Also, the Fed on numerous occasions has stated that a recession will likely occur as a result of this hiking cycle. The market consensus has been no or soft landing, which is another thing they will be massively wrong on...........I've been engaged in active trading and managed to grow a nest egg of around 140k to a decent 539k....I'm especially grateful to Adriana Jensen whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Adriana Jensen program is widely available online..
The market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.
I appreciate the professionalism. and dedication of the team behind Adriana's trade .signal service.
Adriana.goes deeper than just looking at surface-level trends.. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..
The clarity and precision in Adriana market predictions are astounding. I'm so grateful to have found her reviews here on RUclips as well.
Long term interest rates will rise it's the un inversion of the yield curve
1 .5 cut won't get r done!
I can see Peter on his death bed now... famous last words "there's a crash coming" Uh wrong again 🤣🤣🤣
I’ve lost more money taking this man’s advice than I could have ever hoped making from what he said
I guess that's what you get for not thinking for yourself
@@mikeb5372 Usually I would agree with you but Peter is a financial advisor. Peter's financial advice has been so horrible that it's fraudulent financial advice in my opinion. What he says is hypocritical and nonsensical so I think he's not just bad he is a lying fraud.
Bitcoin solves so many of the problems he's been talking about for so long but he throws out all his principals when it comes to bitcoin and claims it's worthless. He ignores good old supply and demand when it comes to silver. Miners dump tons of silver on the market to satisfy it's physical demand. That's why it trades more like copper. Yet Peter sells it to ignorant customers as a store of value. He constantly talks about too much money being created, yet he says everything is in a giant bubble that will soon burst. Except gold and silver. Somehow they're extremely undervalued. Anyone with a little common sense knows that inflation is high so markets go up.
He has been saying the dollar will collapse soon for decades. It's absurd to think that the world's reserve currency will collapse soon. Many other currencies will collapse before the dollar. And when the dollar finally does collapse it will be because of bitcoin, not gold. 100x on gold stocks and $30,000 gold he called for is ridiculous.
He has been dead wrong on all his major predictions year after year, market cycle after market cycle but he doesn't care. He only cares about the huge premium he gets on his silly gold coins he sells, giant fees he gets on his funds, and the quarter million he gets per podcast.
Who is listening to Schiff harms himself....
I have made a shift load of money, listening to Peter. I guess you listened but didn't follow his advice.
@@Sola_Scriptura_1.618 you must have done the inverse of what he said bc nothing he said to buy has gone up. NOT A THING
😊👍👍
It does seem that today's traditional politicians often convince the populace that the only solutions they offer are minimal efforts masked as significant achievements, relying on counterfeiting rather than genuine progress. It’s a disheartening state of affairs where the true value of hard work and innovation is overshadowed by superficial fixes.
Get real guests who speak truth.
Earth is Flat