"The Crash Will Be WORSE Than 2008..." - Peter Schiff’s Last WARNING

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  • Опубликовано: 26 окт 2024

Комментарии • 537

  • @DerraKormino
    @DerraKormino 8 дней назад +814

    Recession! Crash! Inflation! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I into as a newbie to safely grow my money.

    • @BrianJason-d3s
      @BrianJason-d3s 8 дней назад

      It’s best if you buy growth/blue-chip/large caps stocks only. Also, as a newbie its advisable you work with an investment advisor to help set up a well-structured portfolio.

    • @jeromesand
      @jeromesand 8 дней назад +1

      It’s unfortunate most people don’t have such information, I don’t really blame people who panic cos lack of information can be a big hurdle. I’ve been making more than $25k passively by just investing through an advisor, and I don’t have to do much work. It doesn’t matter if the economy is crashing, great CFA will always make good returns.

    • @avamadison-r9p
      @avamadison-r9p 8 дней назад +1

      I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

    • @jeromesand
      @jeromesand 8 дней назад +1

      Finding financial advisors like Sophia Maurine Lanting who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @StephenLogan-g2v
      @StephenLogan-g2v 8 дней назад +1

      Thanks a lot for this suggestion. I needed this myself, I looked her up on google, and I have sent her an email. I hope she gets back to me soon.

  • @Riggsnic_co
    @Riggsnic_co Месяц назад +542

    Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

    • @JacquelinePerrira
      @JacquelinePerrira Месяц назад +4

      Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.

    • @Jamessmith-12
      @Jamessmith-12 Месяц назад +3

      Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect my funds and make profit from my portfolio this red season. I’ve made over $250k since then.

    • @kevinmarten
      @kevinmarten Месяц назад +3

      Mind if I ask you to recommend this particular coach you using their service?

    • @Jamessmith-12
      @Jamessmith-12 Месяц назад +3

      'Carol Vivian Constable, 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.

    • @kevinmarten
      @kevinmarten Месяц назад +1

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @EmilyMoore-n7n
    @EmilyMoore-n7n Месяц назад +793

    My spouse is already panicking, so many questions! will the rate cut lead to inflation? I'm very worried about my $1million stock portfolio losing value. Do i move to 100% cash? What strategies should I be employing in my portfolio right now?

    • @richardhudson1243
      @richardhudson1243 Месяц назад +3

      This is the what people that handle their portfolio themselves go through. I will advice you get yourself some professional advisor to help you redistribute assets in your portfolio.

    • @tatianastarcic
      @tatianastarcic Месяц назад +2

      No doubt, getting proper financial advice is invaluable, my portfolio is well-matched for every season of the market and just yielded a much better % from early last year. I and my advisor are working on a 7 figure ballpark goal, though this could take another year.

    • @maiadazz
      @maiadazz Месяц назад +1

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @tatianastarcic
      @tatianastarcic Месяц назад +2

      I have worked with a few financial advisors before now but i ultimately settled for Annette Marie Holt. She is SEC regulated and licensed in US. You can easily look her up

    • @ChadRoberts-x6i
      @ChadRoberts-x6i Месяц назад +1

      I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

  • @annaj.osorio
    @annaj.osorio Месяц назад +386

    Market trends can shift rapidly, with indexes often transitioning from a bear market to a bull market precisely when news is most negative and investor sentiment is at its lowest . Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!

    • @BarbaraMercer-t4u
      @BarbaraMercer-t4u Месяц назад

      Not offering any particular advice, but I can assure you that most stocks still have growth potential. Re-distributing is not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.

    • @ErinWarner-zc9jy
      @ErinWarner-zc9jy Месяц назад

      Absolutely! A skilled coach helped grow my investments from $321k to over $750k, primarily through stocks, ETFs, and bonds. I anticipate housing prices will stay stable until more homes become available.

    • @LejlaGöransson
      @LejlaGöransson Месяц назад

      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

    • @ErinWarner-zc9jy
      @ErinWarner-zc9jy Месяц назад

      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.

    • @Robbertskypes
      @Robbertskypes Месяц назад

      Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.

  • @tommychestnut5335
    @tommychestnut5335 Месяц назад +129

    If you know your way around the market, you'll understand that crashes come along with them, equivalent market opportunities. I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich

    • @Alejandracamacho357
      @Alejandracamacho357 Месяц назад +4

      Choose quality stocks and follow them up. If you're not one for such complexities, work with an Adviser to grow your portfolio. You can't go wrong with a sound CFA.

    • @traviswes7082
      @traviswes7082 Месяц назад +5

      You're right, I and a few Neighbors in Bel Air Area work with an Adviser who prefers we DCA across other prospective sectors instead of a lump sum purchase. Following this, my portfolio grew by more than 40% in the 2nd quarter.

    • @Patriciacraig599
      @Patriciacraig599 Месяц назад +3

      Have heard a lot about this Cost-averaging by some of the big shorts in NY. Seeing again, I'm spurred to give that pattern a try but I need more clarity on how it works. Who's helped you with it, wanna try out

    • @traviswes7082
      @traviswes7082 Месяц назад +4

      There are a handful of xperts in the field. I've experimented with a few over the past years, but I've stuck with ‘'KATHLEEN CHERYL CONSTANTZ” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @instinctively_awesome8283
      @instinctively_awesome8283 Месяц назад +2

      Kathleen sure knows her onions in this industry, from her intimidating profile which I went through, on her web home page. I started off last year tailoring a colleague's tradin strategies but it didn't pan out well. Hopeful that Kathleen will attend to my message.

  • @FrankPatrick-no8zo
    @FrankPatrick-no8zo Месяц назад +205

    In these unpredictable times, it's crucial to manage money wisely and invest prudently. My $240k reserve has been idle with little profitis not increasing more than 5% and people are predicting a crash, inflation is eroding my savings. I need a solution to protect and grow my funds.

    • @jose2212-
      @jose2212- Месяц назад +4

      If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

    • @DennisJack-km8ho
      @DennisJack-km8ho Месяц назад +3

      You are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

    • @CrystalJoy-32
      @CrystalJoy-32 Месяц назад +3

      Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

    • @DennisJack-km8ho
      @DennisJack-km8ho Месяц назад +2

      "Amber Michelle Smith" has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

    • @RonaldPaul-rs6kt
      @RonaldPaul-rs6kt Месяц назад +1

      Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

  • @brianwhitehawker1756
    @brianwhitehawker1756 Месяц назад +522

    At some point, a bear market will end and a new bull market will begin. But how can you tell when the market bottom has been reached. How can I profit from the present market", I mean I've heard of people making upto $250k in couple months during this crash and I'd like to know how.

    • @Jadechurch-ql3do
      @Jadechurch-ql3do Месяц назад

      the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

    • @yeslahykcim
      @yeslahykcim Месяц назад

      Risk mitigation is indeed something to consider well before setting out on inveestments. Most often than not, CFAs take care of this perfectly. People downplay the role of CFAs until being burnt by their own instincts. I was in a similar situation a few years ago; Took my chances but stocks went crashing. Realizing I wasn't good at timing the market, I started working with an Adviser, which helped me build a $1.6m portfolio.

    • @lucaswilliams9992
      @lucaswilliams9992 Месяц назад

      impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

    • @yeslahykcim
      @yeslahykcim Месяц назад

      “Lucinda Margaret Crist” 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

    • @geraldt331
      @geraldt331 Месяц назад

      Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @Thebankfisher
    @Thebankfisher Месяц назад +111

    Since I was a kid I learned to stay out of debt! Will never change regardless of how much things cost... Debt free is true freedom

    • @AJack47
      @AJack47 Месяц назад +2

      You use debt to leverage business and money

    • @Al-yu6bq
      @Al-yu6bq Месяц назад

      Government gets debted with your money.

    • @chrislastnam6822
      @chrislastnam6822 Месяц назад +2

      Many people bought houses in Los Angeles 20 years ago for $250,000 that are now worth $2,800,000

    • @tmo4330
      @tmo4330 Месяц назад +3

      True! I've been debt free for 7 years. I can breathe.

    • @tmo4330
      @tmo4330 Месяц назад +3

      @@AJack47 "Leverage" also means you can lose money.

  • @leondonald
    @leondonald Месяц назад +146

    So how exactly can we guard against the coming financial reset for 2024? Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.

    • @NicholasHarmon-ow3jl
      @NicholasHarmon-ow3jl Месяц назад +3

      Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.

    • @HarrietBemish
      @HarrietBemish Месяц назад +2

      I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.

    • @EllenAbrex
      @EllenAbrex Месяц назад +2

      Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

    • @HarrietBemish
      @HarrietBemish Месяц назад +2

      Personally, I've stuck with Vivian Jean Wilhelm and her performance has been consistently impressive. You can confirm her basic info on the internet, she's quite known in her field with over 15yrs of experience.

    • @EllenAbrex
      @EllenAbrex Месяц назад +1

      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.

  • @shawnbrooks6447
    @shawnbrooks6447 Месяц назад +35

    We were all born for a time such as this, let's goooo! The light will shine through the darkness.

    • @mtrest4
      @mtrest4 Месяц назад

      What light?

    • @lewisrolph9980
      @lewisrolph9980 Месяц назад

      your right my friend the truth will overpower the lies and Jesus will expose the evil

    • @CMBBmc-jd6ur
      @CMBBmc-jd6ur Месяц назад

      Baseless platitudes.

  • @SchindlerNelson
    @SchindlerNelson Месяц назад +58

    Inflation benefits the government. the higher the price you pay for things the more taxes the government collected. The key to success is finding a set of rules you can follow consistently. I make an average of $15k per week even though I barely trade myself.

    • @Davila-r1f
      @Davila-r1f Месяц назад

      Recession are unavoidable part of the economic cycle, all you can do is prepared for them and plan accordingly

    • @Harvey-_-williams160
      @Harvey-_-williams160 Месяц назад

      To be honest, investing is a smart way of securing your family future, grow wealth and beat inflation.

    • @JamesKennedy-t9b
      @JamesKennedy-t9b Месяц назад

      What assets did you invest in and how did you achieve so much within a such period of time?

    • @Kelvin-o2i
      @Kelvin-o2i Месяц назад

      This inflation has taught people the importance of multiples income investment helps alots..

    • @Christopherken-l4b
      @Christopherken-l4b Месяц назад

      On the grand scheme of things, once you understand the potential of trad!ng, you can bet on it but I think people need the education to fully understand...

  • @DoubleMaduagwu
    @DoubleMaduagwu Месяц назад +125

    As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

    • @TylerHynesManagementofficial
      @TylerHynesManagementofficial Месяц назад +1

      You're correct!! I make a lot of money without relying on the government.
      Investing in stocks and digital currencies is beneficial at this moment.

    • @METALADIX
      @METALADIX Месяц назад

      I use Fidelity and opened a brokerage account. I made 40 percent profit on buying the dip on google, meta, adp, tsmc, amazon and Lockheed martin. Also have all my uninvested cash sitting in that same brokerage account earning 4.96 percent a month in interest. Current interest rates suck unless you have a lump sum of cash. As interest rates come down i will begin putting that cash in fairly valued high yielding dividend stocks. If your going to invest right now be cautious because many stocks are at all time highs and not fairly valued.

    • @AllenChristopher-fp3yn
      @AllenChristopher-fp3yn Месяц назад +1

      I just want to use this opportunity to say a very big thank's to Sonia duke and his Strategy, he changed my life.

    • @Dfgg-l6i
      @Dfgg-l6i Месяц назад +1

      Soina Duke program is widely available online..

    • @FghyVgh
      @FghyVgh Месяц назад

      Started with 5,000$ and Withdrew profits
      89,000$

  • @aarizphilip
    @aarizphilip Месяц назад +156

    I lost over $80k 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 Brooke Miller.

    • @KenistonKist
      @KenistonKist Месяц назад +2

      She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

    • @shandegabrielrojas9350
      @shandegabrielrojas9350 Месяц назад +1

      The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

    • @jahhflies
      @jahhflies Месяц назад

      I'm new at this, please how can I reach her?

    • @GertonTootle
      @GertonTootle Месяц назад

      I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

    • @aarizphilip
      @aarizphilip Месяц назад

      she's mostly on Instagrams, using the user name

  • @joevarga5982
    @joevarga5982 Месяц назад +14

    I've been hearing about this crash for YEARS. This is the crash that never seems to get here.

    • @bradwilliams4919
      @bradwilliams4919 Месяц назад +2

      You obviously don't understand what's going on. Signs and symptoms. Said kindly.

    • @suzannetran4492
      @suzannetran4492 Месяц назад +1

      2025

    • @joevarga5982
      @joevarga5982 Месяц назад +1

      @@suzannetran4492 It was supposed to happen in 2023, then 2024.

  • @Kaustavpatell
    @Kaustavpatell Месяц назад +110

    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 economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich

    • @frankedwardark
      @frankedwardark Месяц назад +1

      I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash

    • @Monicamonasky-
      @Monicamonasky- Месяц назад

      I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

    • @Monicamonasky-
      @Monicamonasky- Месяц назад

      Her name is. MARY TERESE SINGH . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @rachelonigirl
      @rachelonigirl Месяц назад

      I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

    • @cloudperson28
      @cloudperson28 Месяц назад +6

      ⁠@@rachelonigirlbetting that is a scam^ be careful

  • @Al-yu6bq
    @Al-yu6bq Месяц назад +31

    THe problem of the US is too many lawyers

    • @econ0003
      @econ0003 Месяц назад +4

      The problem with the US economy is out of control spending. That goes for the government as well as the majority of the individual people. Very bad with money and too much debt.

    • @tapptom
      @tapptom Месяц назад +1

      That’s the reason for the breakup of USA families all these years!
      The money was the reason
      The lawyers were just the instrument to get that money

    • @bigo8738
      @bigo8738 Месяц назад +1

      😅😅😅😅😅

    • @bigo8738
      @bigo8738 Месяц назад +3

      Banksters and politicians for sale and judges for sale and dirty governments and lazy people 😅 I would add to your list😅

    • @genekelly8467
      @genekelly8467 Месяц назад

      @@econ0003 You got it! Joe spent $8 trillion that we do not have ...plus the burden of a 4 ocean navy is bankrupting us. Every war since Korea has been an expensive failure...and Joe has us involved in n4! We are funding Ukraine, Isarel, and NATO-and we get NO benefit from this. Time to shut the bases, come home (deploy the Army on the border), and MIND OUR OWN business for a change.

  • @joselarios9909
    @joselarios9909 Месяц назад +63

    America has fallen just like Rome

    • @OldLion64
      @OldLion64 Месяц назад +4

      We are getting there. Currency is devaluating but is still hanging on for now. Does not matter how good your economic system is (even capitalism) it will fail if currency is worthless.

    • @一个说话大声的中国人
      @一个说话大声的中国人 Месяц назад +1

      Rome fell because of the crucifixion of Jesus' body; America will fall because of the wokeism of Jesus' words.

    • @一个说话大声的中国人
      @一个说话大声的中国人 Месяц назад +1

      @@OldLion64 in god we trust, or in wokeism we trust.

    • @dbased1915
      @dbased1915 Месяц назад +3

      Not yet. Most your average joes won't care until there isn't a big ole football on Sunday. I am from a blue collar area and sports seems to be all people care about.

    • @chrislastnam6822
      @chrislastnam6822 Месяц назад

      ​​@@OldLion64Is devaluating a word?

  • @soveinaaraceli
    @soveinaaraceli Месяц назад +209

    I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities like I did with my FA and grew to a 7 figure portfolio. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these times.'

    • @NamsaAlcantar
      @NamsaAlcantar Месяц назад

      The thoughts and ideas here are remarkable

    • @KirbyIneson
      @KirbyIneson Месяц назад

      This is definitely considerable! think you could suggest any pros i can get on the phone with? I'm in dire need of proper portfolio allocation..

    • @soveinaaraceli
      @soveinaaraceli Месяц назад

      @@KirbyIneson Diane Sarah Olson is a hot topic even among financial elitist . Just browse, you’d find her, thank me later.

    • @AurucciLou
      @AurucciLou Месяц назад

      Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her

    • @robinwells8879
      @robinwells8879 Месяц назад

      Absolutely right. She’s a bonafide genius. 😂😂😂😂😂

  • @joselarios9909
    @joselarios9909 Месяц назад +39

    Its going to be worst then the great depression. Buckle up.

    • @MS-oz2wu
      @MS-oz2wu Месяц назад

      Wymar Republic, they needed a wheelbarrow full of cash to buy things. Their money was worthless.

    • @WW-sw8ls
      @WW-sw8ls Месяц назад +6

      the worse the better. we need a tune up

    • @chrislastnam6822
      @chrislastnam6822 Месяц назад +3

      worse than

  • @mayangoddess9949
    @mayangoddess9949 Месяц назад +3

    Yes, My HUSBAND and I just sent the U.S. government $25,00+ USD via the IRS. But they are asking for MORE MONEY 💰. In other words, WE just paid the SALARIES of Federal Employees. Nevertheless, WE must leave the USA permanently and go live abroad. Why? Because WE are both U.S. CITIZENS living through TAXATION without REPRESENTATION. That is correct. So then...WE will be VOTING with OUR FEET this year. Plain and Straight.

  • @JohncenzLuzano
    @JohncenzLuzano Месяц назад +21

    Hyperinflation is coming then the greatest depression the world has ever seen 😂🎉 Happy New Years. Just keep printing FED 😅 more money more problems

  • @annagreco7470
    @annagreco7470 Месяц назад +9

    Great teaching video!

  • @Corleone_Napoleone
    @Corleone_Napoleone Месяц назад +28

    F the gold , dude.
    LAND, LAND, LAND!!!!!!
    That’s the way I went.

    • @MorganJohnsonAuthor
      @MorganJohnsonAuthor Месяц назад

      With the exception of a few.. no one seems to know what is really happening.. Just dumb.. The problem people with the whole inflation issue is greed and racism, disenfranchisement, discrimination, and with that, the economy is simply out of balance. And it's been unbalanced for the entire life of the American Government system. The entire system has been operating while leaving out a whole segment of society and community here in America. Who is the Black American community. The American dream was only for the white people., and has always been a nightmare for black America regarding all aspects of the economy. If you have a muscle car and drive it down the highway at 100 mph with a doughnut tire on the front passenger side for over 500 yrs., what do you think will happen to your motor and transmission?? That's right~!! It's going to break down and blow up.. All because it is out of balance. The only way out of this current economic situation is for ALL OF WHITE AMERICA TO DO RIGHT BY THE BLACK PEOPLE OF AMERICA. And if and when you begin to turn on and print more money., you should have it on your mind that when you print it.., put it where it belongs and will do the most good for the people of America and for America as a whole... Which = Reparations for the Black American Community.. to the exact tune of the current total U.S. debt, but double. One for the Banks and housing, and financial institutions, and the other for the BLACK AMERICAN COMMUNITY ONLY for payment of monies that should be in the economy but is not because of historic bias, racism, discrimination, and disenfranchisement etc.. After that, deal with the greed of these corporations that are robbing the people of America of all races for a decent stable life and livelihood.... And if you can't do that then the U.S. will Fall~!!! Period...

    • @911jak
      @911jak Месяц назад +2

      Are you a farmer? If so, thank you.

    • @scottiswatchingtele
      @scottiswatchingtele Месяц назад

      What land? Where?

    • @Corleone_Napoleone
      @Corleone_Napoleone Месяц назад +10

      @@scottiswatchingtele not like you thing. I am a normal person, not investor. Sold my house in city back in 2014, bought a little fixer upper with land (former mini ranch), since then I bought more land to the East of it .
      To hell with the city and outrageous property taxes. I have my own water AND my own large creek on it.
      It has quadrupled in value since then

    • @JoeFevrier
      @JoeFevrier Месяц назад

      What Land,? Americans don't own nothing in the US because everything belongs to the government and the Banks cause the people got nothing but debt, debt, debt because you don't own nothing means if you stop paying you lose it all...When you use credit to buy everything that means you have anything, you're broke.

  • @BigD-pf4gw
    @BigD-pf4gw Месяц назад +12

    Inflation benefits the government. The higher the price you pay for things, the more taxes the government collected.

  • @joselarios9909
    @joselarios9909 Месяц назад +22

    One world government in the works

  • @faithharris3439
    @faithharris3439 Месяц назад +11

    Not another decade will ever happen. Look up. It will very soon to the Day of the Lord! 🙏🏻

    • @TyGreen726
      @TyGreen726 Месяц назад +1

      Yep. I agree.

    • @cueoneful
      @cueoneful Месяц назад

      He Is All We Need.....!!

  • @clarrnceclark9482
    @clarrnceclark9482 Месяц назад +17

    No gold isn't silver Is the most Industrialized metal and under valued metal on the planet

    • @mtrest4
      @mtrest4 Месяц назад

      ​@sandponics
      Sure u can.
      Convert a small amount of gold to the currency people are willing to accept.

  • @kortyEdna825
    @kortyEdna825 Месяц назад +5

    Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my $285k portfolio comprising of plummeting stocks that were recommended by certain financial RUclipsrs, quite devastating!

    • @PatrickFitzgerald-cx6io
      @PatrickFitzgerald-cx6io Месяц назад +4

      not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound

    • @KaurKhangura
      @KaurKhangura Месяц назад +2

      The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market

    • @NicholasHarmon-ow3jl
      @NicholasHarmon-ow3jl Месяц назад +2

      Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.

    • @KaurKhangura
      @KaurKhangura Месяц назад +2

      ’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

    • @NicholasHarmon-ow3jl
      @NicholasHarmon-ow3jl Месяц назад +1

      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.

  • @Dan-z6b3d
    @Dan-z6b3d Месяц назад +15

    Are property taxes A tax on unrealized gains

    • @METALADIX
      @METALADIX Месяц назад

      Not really because you'll get taxed in proportion to its value, which can go down. Would be nice to see if Harris supports a tax credit on unrealized losses?

    • @Dan-z6b3d
      @Dan-z6b3d Месяц назад

      ​@@METALADIX You are being taxed on a imaginary profit Also the value is really inflation

  • @SnifferRiffle
    @SnifferRiffle Месяц назад +20

    I buy as much silver as I can every payday

    • @LB-dy1fe
      @LB-dy1fe Месяц назад +1

      Try to buy gold if you can, both are good. $50k in silver would be very difficult to carry (or hide) if you had to pick up & go somewhere, where $50k in gold will fit in your front pant pockets without looking suspicious.

    • @hunterjames3167
      @hunterjames3167 Месяц назад +4

      Better be buying food!!! That’s ultimately all that matters!!

    • @SnifferRiffle
      @SnifferRiffle Месяц назад +2

      @@hunterjames3167 food spoils I can hunt, fish and garden, i'll be fine

    • @tmo4330
      @tmo4330 Месяц назад

      @@LB-dy1fe True! I sold $1,000.00 face value of 40% silver half dollars and shipping+insurance eat into my profits big time. I like gold but still have $650.00 face in 90% junk silver coins.

    • @kerryrivers9869
      @kerryrivers9869 Месяц назад

      ​@@hunterjames3167 smartest comment by far! Most people have no idea

  • @jeffreyeck7591
    @jeffreyeck7591 Месяц назад +43

    One more thing , They won't be able to hide from the Lord Almighty! And Judgment ! From what They Did !!!!

    • @MorganJohnsonAuthor
      @MorganJohnsonAuthor Месяц назад

      With the exception of a few.. no one seems to know what is really happening.. Just dumb.. The problem people with the whole inflation issue is greed and racism, disenfranchisement, discrimination, and with that, the economy is simply out of balance. And it's been unbalanced for the entire life of the American Government system. The entire system has been operating while leaving out a whole segment of society and community here in America. Who is the Black American community. The American dream was only for the white people., and has always been a nightmare for black America regarding all aspects of the economy. If you have a muscle car and drive it down the highway at 100 mph with a doughnut tire on the front passenger side for over 500 yrs., what do you think will happen to your motor and transmission?? That's right~!! It's going to break down and blow up.. All because it is out of balance. The only way out of this current economic situation is for ALL OF WHITE AMERICA TO DO RIGHT BY THE BLACK PEOPLE OF AMERICA. And if and when you begin to turn on and print more money., you should have it on your mind that when you print it.., put it where it belongs and will do the most good for the people of America and for America as a whole... Which = Reparations for the Black American Community.. to the exact tune of the current total U.S. debt, but double. One for the Banks and housing, and financial institutions, and the other for the BLACK AMERICAN COMMUNITY ONLY for payment of monies that should be in the economy but is not because of historic bias, racism, discrimination, and disenfranchisement etc.. After that, deal with the greed of these corporations that are robbing the people of America of all races for a decent stable life and livelihood.... And if you can't do that then the U.S. will Fall~!!! Period...

    • @ChristopherWilk-w2d
      @ChristopherWilk-w2d Месяц назад +2

      Amen I say. Some day you'll be with Me in paradise!

    • @terrymitchell6012
      @terrymitchell6012 Месяц назад

      You can fight back. Think we ALL need to try♥️

    • @sickness4511
      @sickness4511 Месяц назад

      so sad to see manipulated people like you....

  • @OldLion64
    @OldLion64 Месяц назад +14

    35 trillion not 30 trillion in debt. The great American Ponzi scheme. USA!! USA!! USA!!. We are so awesome.

    • @WW-sw8ls
      @WW-sw8ls Месяц назад

      we’re all in it togethet…… like cv19

    • @fredswenson-r2m
      @fredswenson-r2m Месяц назад +2

      35 trillion fed, how about State,city and County. China 3 trillion and India 3 trillion with a billion population.

    • @Lou-Meatskavitch
      @Lou-Meatskavitch Месяц назад

      Are you saying that China's debt is 3 trillion? If so, you are way off. China's debt is 250% of its GDP.

  • @Fabian-ew7ly
    @Fabian-ew7ly Месяц назад +6

    Inflation isn’t what’s raising rent 20% every year, it’s greed

    • @chrislastnam6822
      @chrislastnam6822 Месяц назад +1

      If overpaid underworked government employees and too many unessessary regulations were curbed the cost of building new apts would go way down and so would rents.

    • @Cherokie89
      @Cherokie89 Месяц назад +1

      @@chrislastnam6822yeah because government employees make soooo much money. We are underpaid compared to private sector equivalents in almost every field we operate in

    • @chrislastnam6822
      @chrislastnam6822 Месяц назад +1

      @@Cherokie89 That's absurd. Our county sheriff in Los Angeles gets paid over $300,000. The city council in Los Angeles gets paid $225,000 plus generous benefits and pensions. Firemen and lifeguards make over $200,000. Tree trimmers for the city make a fortune compared to private sector workers Few private sector workers in Los Angeles get pensions unlike government employees. Our city council members are dolts who would be making very little money in the private sector.Few teachers in Los Angeles would be making as much in the private sector as they do as teachers.

  • @preplife533
    @preplife533 Месяц назад +12

    WE were told the Stimulus would be paid back by the People, were we not warned of uncontrolled inflation tax, tax is a percentage based collection not a set amount, higher prices higher tax collections.

    • @MorganJohnsonAuthor
      @MorganJohnsonAuthor Месяц назад

      With the exception of a few.. no one seems to know what is really happening.. Just dumb.. The problem people with the whole inflation issue is greed and racism, disenfranchisement, discrimination, and with that, the economy is simply out of balance. And it's been unbalanced for the entire life of the American Government system. The entire system has been operating while leaving out a whole segment of society and community here in America. Who is the Black American community. The American dream was only for the white people., and has always been a nightmare for black America regarding all aspects of the economy. If you have a muscle car and drive it down the highway at 100 mph with a doughnut tire on the front passenger side for over 500 yrs., what do you think will happen to your motor and transmission?? That's right~!! It's going to break down and blow up.. All because it is out of balance. The only way out of this current economic situation is for ALL OF WHITE AMERICA TO DO RIGHT BY THE BLACK PEOPLE OF AMERICA. And if and when you begin to turn on and print more money., you should have it on your mind that when you print it.., put it where it belongs and will do the most good for the people of America and for America as a whole... Which = Reparations for the Black American Community.. to the exact tune of the current total U.S. debt, but double. One for the Banks and housing, and financial institutions, and the other for the BLACK AMERICAN COMMUNITY ONLY for payment of monies that should be in the economy but is not because of historic bias, racism, discrimination, and disenfranchisement etc.. After that, deal with the greed of these corporations that are robbing the people of America of all races for a decent stable life and livelihood.... And if you can't do that then the U.S. will Fall~!!! Period...

    • @mattweisgerber8598
      @mattweisgerber8598 Месяц назад

      What did u think would happen?

    • @simonvanwely1912
      @simonvanwely1912 Месяц назад

      Yea honestly if you believed that it’s on you. Like when our moron PM says the budget will balance itself- of course something someone who has never done anything useful in his life would say

  • @chieftainarrowhead
    @chieftainarrowhead Месяц назад +13

    Most politicians dont care ....

    • @timeverson728
      @timeverson728 Месяц назад

      Most sold out their people long ago.

    • @timeverson728
      @timeverson728 Месяц назад

      One of ours sits on the wef board of trustee's. The same organization that predicts we will own nothing and be happy.

  • @joselarios9909
    @joselarios9909 Месяц назад +16

    The dollar collapse infront of us.

    • @MS-oz2wu
      @MS-oz2wu Месяц назад +3

      Why did Peter say we have a $30 T debt when its now $35T.
      David Reubenstein, Bloomberg News, says there's no why out of a $35 Trillion debt. We face constant inflation in order to deal with it.

  • @bostonfrank6739
    @bostonfrank6739 Месяц назад +38

    Instead of saying we, say the federal government

    • @zenglider2145
      @zenglider2145 Месяц назад +2

      Eureka! We identified it. It's the federal government. Now if we could only figure out how they got there. .... That's a real head-scratcher.

    • @themodfather9382
      @themodfather9382 Месяц назад

      @@zenglider2145 yeah, you could keep thinking about it for a few decades and we'll see

    • @zenglider2145
      @zenglider2145 Месяц назад

      @@themodfather9382 Hmmm ... could it be, maybe ... G.I.G.O. ?

    • @fred-ts9pb
      @fred-ts9pb Месяц назад

      Really? How much is the VA paying out in disability benefits each month? Many are on the dole from the federal government. We all want our freebies.

  • @Han-es8qu
    @Han-es8qu Месяц назад +5

    Forigin stocks are poisenous.
    All the windows are shut still the US stocks and bonds are less risky than others.

  • @tommcintosh7241
    @tommcintosh7241 Месяц назад +8

    The government has a end less money tree . Thrift!

  • @papizbanging
    @papizbanging Месяц назад +3

    They're giving our money to Ukraine 😢

  • @1439315
    @1439315 Месяц назад

    Thank you Peter Schiff -well spoken; -veteran

  • @snillum5004
    @snillum5004 Месяц назад +2

    Govt spending is the biggest problem we have. Stop supporting other countries in war efforts.

  • @nicolodellapenna7429
    @nicolodellapenna7429 Месяц назад +5

    As you said, it is just an other tax. A flat tax. That's it, don't overexagerate it (at least for the next 10-20years)

  • @JohnLandau-h5g
    @JohnLandau-h5g Месяц назад +15

    Peter, you are making a big mistake investing in foreign stocks.Nearly all the other countries in the world, including European and Asian companies, are following the same self-destructive policies of massive deficit spending to finance their government spending. All of them spend too much. In addition, government cirruption is even worse in most foreign countries than in the United States, which forces their central banks to issue even more debt to prevent their governments from collapsing, Most foreign countries also suffer from even more political instability then the United States, which is yet another reason thei value of their stocks are likely to collapse. Finally, rising nationalism and increased geopolitical tensions has led to suspicion of foreign investors, especially American investors, in many countries. This puts American investments abroad at great risk.

    • @RuralmoneyOfficial
      @RuralmoneyOfficial Месяц назад

      You would think he would know that. He even started a bank that became insolvent.

    • @johnhenryreber2501
      @johnhenryreber2501 Месяц назад

      ​@RuralmoneyOfficial his bank wasn't insolvent. He's been over that. There was another bank wanting to buy it that was prevented from buying it. And foreign stocks will do better because all the jobs that have been sent over seas, those countries produce stuff the US imports. Since the US doesn't manufacture anything, we mostly import it (trade deficit of 102 billion in July alone) 1987 Stock market crash was a deficit of 17 billion in comparison. Foreign stocks will do well because they produce stuff that the US imports. He does know what he's doing.

  • @wesleyferguson6932
    @wesleyferguson6932 Месяц назад +3

    Thats why interest rates should not be cut now.

  • @lucasadkings4868
    @lucasadkings4868 Месяц назад +50

    I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

    • @ELenaGarcia-jy5co
      @ELenaGarcia-jy5co Месяц назад

      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 fifth trade with her and it has been super.

    • @oliverparker1862
      @oliverparker1862 Месяц назад

      She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states

    • @ibrahimbarakat5872
      @ibrahimbarakat5872 Месяц назад

      You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.

    • @Kareenwood8738
      @Kareenwood8738 Месяц назад

      I'm new at this, please how can I reach her?

    • @BernardAtwood
      @BernardAtwood Месяц назад

      I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

  • @terezadasilva2745
    @terezadasilva2745 Месяц назад +6

    Peter❤

  • @KrymazA-zf1ol
    @KrymazA-zf1ol Месяц назад +4

    Bllabbining how bad it is.....WHAT IS THE SOLUTION....WE NEED THAT INFORMATION.
    STOP BLABBING.

  • @Brittanicus-y3v
    @Brittanicus-y3v Месяц назад +2

    "In this world, the strong take everything." - One Million B.C, (1966).

    • @mtrest4
      @mtrest4 Месяц назад +1

      The strong (scammers aka banksters)

  • @HumbledAnimeEnthusiast
    @HumbledAnimeEnthusiast Месяц назад +4

    Inflation is out of control, Homes at an all time high, stocks at an all time high and Gold is already over 2K an ounce. I dont know how much worse it can get.

    • @chrislastnam6822
      @chrislastnam6822 Месяц назад

      Schiff says to get out of bubble assets like houses but why do that if inflation will raise their value?

    • @ncscooterz
      @ncscooterz Месяц назад

      Kamala: Hold My Beer! Cackle cackle cackle

    • @johnhenryreber2501
      @johnhenryreber2501 Месяц назад

      ​@@chrislastnam6822if there's no demand because people can't afford it, the houses will decline in value. No different than trying to sell a Toyota Tacoma for 150,000$. There's no demand, so you will have to lower the price until someone will buy it.

    • @mtrest4
      @mtrest4 Месяц назад

      ​@@johnhenryreber2501
      So stock cash then?

    • @johnhenryreber2501
      @johnhenryreber2501 Месяц назад

      ​@user-lb8bg6kj9m cash is trash, like ray dalio said. But if you are trying to save to buy some house or something they will keep going up in price. Better to be in a stock, have it go up in value and then sell to buy something. Better to have a roth account vs. A brokerage. It's not a bad idea to have some cash for emergency use. But if you're trying to sit in cash and save alot, no, because as you are saving cash is getting more and more worth less, and things like food and housing gets more expensive. Try to find good dividend paying stocks like peter says, companies that produce things that are essential. Food, energy, Fertilizer, clothing, or something. My friend bought Rolls Royce, turn out they don't make just make cars. They make military stuff and the stock went up and he's up alot. Just an example do some research and learn about where you put your money. Don't just guess. Save what cash you think you need for emergency food or car repair or something.
      But find dividend paying stocks that make necessities. Foreign stocks because the US doesn't produce anything and they import so much from countries that make things.
      Be careful politically in South America. But they grow food and stuff. Companies that may be in Africa for cheap labor but is unstable due to war. Got to do research and weigh your risk. Asia, India.
      I got a bunch of exploration stocks in energy and mining, but it's huge risk because starting up is hard. But if they go, then they will go up big.
      Nations are getting more and more irritated with each other that could lead to military conflict. It's hard to invest now. But do your research and good luck

  • @Millerj2450
    @Millerj2450 Месяц назад +1

    Rising prices are impacting my plans to retire at 62, work part-time, and build savings, raising concerns about a more challenging situation than those who weathered the 2008 financial crisis. The stock market's volatility and reduced income are causing anxiety about having enough for retirement.

    • @Theodore-l2j
      @Theodore-l2j Месяц назад

      In a recession, consider investing in stocks cautiously, as it presents opportunities to buy low and sell high. While not financial advice, it's a favorable time to contemplate stock purchases, recognizing that having cash on hand may not always be the best option.

    • @JacobPaula
      @JacobPaula Месяц назад

      Absolutely! A skilled coach helped grow my investments from $321k to over $750k, primarily through stocks, ETFs, and bonds. I anticipate housing prices will stay stable until more homes become available.

    • @WillFred-g7g
      @WillFred-g7g Месяц назад

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @JacobPaula
      @JacobPaula Месяц назад

      jessica lee horst maintains an online presence. just make a simple search for her name online.

    • @Lucas-t5w4n
      @Lucas-t5w4n Месяц назад

      This recommendation literally came at the right time, I’m down by $47k in stocks this week alone.. its crazy! I just looked up jessica online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.

  • @DanXRP
    @DanXRP Месяц назад

    Great video.

  • @richhands5269
    @richhands5269 Месяц назад +13

    My three favorite channels: FREENVESTING, Stock Brotha, & How Money Works. Make my week complete. 🔥 🔥 🔥

  • @preplife533
    @preplife533 Месяц назад +12

    Streets of Heaven are not paved with paper or debt, but it burns well in Hell

  • @bigzzz0077
    @bigzzz0077 Месяц назад +3

    A crash is needed for correction... it will be a bumpy and/or painful ride for most, but for "IT" to correct itself, "IT' needs to go through a crash, austerity measures and financial pain for the greater good for future generations... but is THIS generation(s) willing to go through hell and high water for he greater good for their kids/ grandkids etc...
    This is what Greece had to endure for 10 Looooooong years, but now Greece went through it the hard way and is somewhat back on track.. .For better or worse, it's the correct course of action.. as painful as it may be... but it will correct itself and won't need to kick any cans down the road... all cans will be picked up and tossed away ONLY if those in control DO it the RIGHT way.
    Let politicians in the US take notes from Spain, Greece in how they got over the BIG hump... The hump in the US is no mere hump, more like Mount Everest due to kicking the can down the road for far to long.
    It's time.... to get back to the basics in bringing prosperity to most Americans and not just the top 10^... unfortunately both options to vote are not that good.. bad and worse.. but let's see how these leaders DO... not say.
    God bless to all 😊

  • @EdKeyVikingWealth
    @EdKeyVikingWealth Месяц назад +2

    why not just short the market or load up on SPXS, SDOW and SQQQ?

  • @iotocell5044
    @iotocell5044 Месяц назад

    I got burnt for 160k, was a good lesson. Got out of all Ponzi schemes, stocks, bonds, and banks. Store savings in gold outside banking and outside West.

  • @joselarios9909
    @joselarios9909 Месяц назад +10

    2024 the end of the dollar

  • @kristiandushopeev
    @kristiandushopeev Месяц назад

    Fed is talking about rate cuts, not hikes. Check the fed tool - it is 60% for 0.25 points cuts in sept.

  • @TedAlba-v8p
    @TedAlba-v8p Месяц назад +2

    SE Asia is still having horrible problems. The rich of Laos have stopped going to Thailand even for medical care. Before COVID- I would see endless "Lao Toyota Land Cruisers" in Thai shopping centers, buying 'Sea Salt'. Showing salt is life & they're not seeking it due to inflationary problems.

  • @chrislastnam6822
    @chrislastnam6822 Месяц назад

    He says to get out of bubble assets but also says that inflation is going to go up which raises the price of bubble assets like houses.

  • @Sydneyknifesharpening
    @Sydneyknifesharpening Месяц назад +2

    Every platform selling you what they selling. Listen and digest.

    • @mtrest4
      @mtrest4 Месяц назад

      Schiff = a gold seller

  • @offbeatscratcher
    @offbeatscratcher Месяц назад +3

    How is it a crash if prices are going up?

    • @chrislastnam6822
      @chrislastnam6822 Месяц назад

      Does he mean that prices will crash after extreme inflation?

    • @johnhenryreber2501
      @johnhenryreber2501 Месяц назад

      It's a little confusing, but think about what makes something valuable. A rare watch? Art? Now think if someone comes along and makes fakes for cheap and everyone likes the fakes. The real one gets hard to determine and if people like the fake, then theres less demand for the real thing.
      This is a bad example but as a bunch of fake $ enter the system because of the Federal Reserve and government spending. It takes more money to buy stuff with all the fake money as it looses value. The crash is that as the dollar looses value it takes more of it to buy stuff. Look at Venezuela and Zimbabwe what happened there. They kept adding 0s to thier currency until they were in the billions/trillions. A crash can actually be the opposite of what you think. A crash is the $ getting so worthless, prices go so high, because it's going to take alot of worthless paper to buy something physical. It's an inverse correlation. Prices go up, because the value of $ is going down. Just like the real price of gold. I can give you one coin. Or 2,500$. Gold is gold. But it's gone from 35$ an ounce coin to 2,500$. So it takes more paper money to buy something physical

  • @susegeissler998
    @susegeissler998 Месяц назад +26

    I really appreciate the dedication in each video you post. Long term investors know that the market and economy will recover eventually, and investors should be positioned for such a rebound. I gained $180k from bitcoin in 2021 before the market crash and now I'm buying again, adding more at a time. Having a good financial advisor like Veronica Hoy, it will add to your success in the crypto market.

    • @HenryP.-ji5eb
      @HenryP.-ji5eb Месяц назад

      I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

    • @HelenM-fk1ro
      @HelenM-fk1ro Месяц назад

      Veronica Hoy strategy has normalised winning trades for me also and it's a huge milestone for me looking back to how it all started

    • @NoraBrown-qx9dr
      @NoraBrown-qx9dr Месяц назад

      Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

    • @CarlosDomimik
      @CarlosDomimik Месяц назад

      The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.

    • @susegeissler998
      @susegeissler998 Месяц назад

      she's mostly on Telegrams, using the user name.

  • @mpravica
    @mpravica Месяц назад +9

    I think it will be worse than 1929. Get ready!

  • @faithharris3439
    @faithharris3439 Месяц назад +2

    Fed is supposed to cut interest rates in September by a half point. Why do you say they're going up?

    • @Micfri300
      @Micfri300 Месяц назад +1

      Because in theory they should go up to pay back the debt quicker

  • @staegor
    @staegor Месяц назад

    This is an excellent video. Spoken slowly, deliberately and with great clarity, it describes PERFECTLY what is happening. It also comes up with some hilarious images of gleeful people counting through their cash like SCROOGE himself!

  • @grantourismo0109
    @grantourismo0109 Месяц назад +3

    All the condition for a crash is here we just need a black swan/grey rhino

  • @CatAtTheDoor
    @CatAtTheDoor Месяц назад +7

    😢 sadly a whole Lotta people out there are gonna starve, and possibly die because of the cheaters... and gues what they dont even care.. ummmmm they will give account to God.. i wouldn't want to be in their shoes.. i pray they submit to God and repent before it's too late.

    • @MorganJohnsonAuthor
      @MorganJohnsonAuthor Месяц назад +1

      With the exception of a few.. no one seems to know what is really happening.. Just dumb.. The problem people with the whole inflation issue is greed and racism, disenfranchisement, discrimination, and with that, the economy is simply out of balance. And it's been unbalanced for the entire life of the American Government system. The entire system has been operating while leaving out a whole segment of society and community here in America. Who is the Black American community. The American dream was only for the white people., and has always been a nightmare for black America regarding all aspects of the economy. If you have a muscle car and drive it down the highway at 100 mph with a doughnut tire on the front passenger side for over 500 yrs., what do you think will happen to your motor and transmission?? That's right~!! It's going to break down and blow up.. All because it is out of balance. The only way out of this current economic situation is for ALL OF WHITE AMERICA TO DO RIGHT BY THE BLACK PEOPLE OF AMERICA. And if and when you begin to turn on and print more money., you should have it on your mind that when you print it.., put it where it belongs and will do the most good for the people of America and for America as a whole... Which = Reparations for the Black American Community.. to the exact tune of the current total U.S. debt, but double. One for the Banks and housing, and financial institutions, and the other for the BLACK AMERICAN COMMUNITY ONLY for payment of monies that should be in the economy but is not because of historic bias, racism, discrimination, and disenfranchisement etc.. After that, deal with the greed of these corporations that are robbing the people of America of all races for a decent stable life and livelihood.... And if you can't do that then the U.S. will Fall~!!! Period...

    • @Thebankfisher
      @Thebankfisher Месяц назад +4

      If you starve then you were not living right.... Hard working people know how to survive...

    • @CatAtTheDoor
      @CatAtTheDoor Месяц назад +4

      @@Thebankfisher but mercy goes a long way.. I say this with all the compassion i can muster up...
      Most people are living paycheck to paycheck and assuming they could have taken steps to prepare isn't wise.
      If people don't have the basics when it comes to everything crashing down, they will do everything they can to survive. Therefore be prudent and keep silent about the little food you have squirreled away.
      And in time you may need help like all those people who didn't or were not able to prepare.

    • @Thebankfisher
      @Thebankfisher Месяц назад

      ​@@CatAtTheDoormoney will not help people survive .... knowing how to grow and hunt your own food, plus being stocked up on guns and ammo to defend against other people stealing from you... People with real world skills will survive.... Rich people that rely on others to do everything will not

  • @Adb-12886
    @Adb-12886 Месяц назад

    Why would you be so disparaging and dismissive of bitcoin? It's logical to assume that different stores of value will compete against one another and people will generally gravitate towards the one with the best attributes. I.e. scarcity, portability, divisibility etc. Now which attributes does gold have that's superior to bitcoin?

  • @DivyankurJi
    @DivyankurJi Месяц назад +11

    Already we have seen crash in 2020 .......

  • @katiejuman
    @katiejuman Месяц назад +1

    Like the bail out of banks like Silicon Valley Bank!! Lets bail out the big guys! And let the less fortunate get poorer

    • @mtrest4
      @mtrest4 Месяц назад

      Bailouts and bonuses for banksters

  • @AlmaMercer
    @AlmaMercer Месяц назад +1

    The people will not stand for any more taxation, I think we the people have had enough

  • @petruflorintofoleanu5865
    @petruflorintofoleanu5865 Месяц назад +6

    PETER SCHIFF ❤❤❤
    HISTORY REPEAT HIMSELF
    LUCK IS WHEN PREPARATION MEETS OPPORTUNITIES ❤

  • @mrhamburger6936
    @mrhamburger6936 Месяц назад

    Sad part of it most people don't even remember 2008 crash they have a very short memory

  • @zonzzo
    @zonzzo Месяц назад +2

    More paying time should fix it all

  • @bogytime1352
    @bogytime1352 Месяц назад +3

    So AI stocks are a no?

  • @chinonhl333
    @chinonhl333 Месяц назад

    That’s the main objective, to take the current system to its limits. Until it explodes, the new system will be born. A digital system that can be taken to exhorbitating quantities of debt and credit.

  • @peterlai6503
    @peterlai6503 Месяц назад +1

    It ends with us......😢

  • @caffeineaddict5124
    @caffeineaddict5124 Месяц назад

    What year did Schiff put this video out?

    • @mtrest4
      @mtrest4 Месяц назад +1

      1884

    • @caffeineaddict5124
      @caffeineaddict5124 Месяц назад

      @@mtrest4 so not long before the great Australian land price crash of the 1890s?

  • @db8646
    @db8646 Месяц назад +2

    Precious metals....Better to have it and not need it, than to need it and not have it !! Appreciating tangible asset can always be Redeemed at a reputable coin store.

    • @mtrest4
      @mtrest4 Месяц назад

      What if u have it
      and it collapses in price

  • @preplife533
    @preplife533 Месяц назад +3

    Only Gods Money GOLD and SILVER work, it is self-limiting and stable due to Scarcity or Uses. Valuable metals are difficult to obtain, therefore are not easily substituted.

  • @avrahamavraham5977
    @avrahamavraham5977 Месяц назад +2

    Please stop thinking you’ve been wrong for the past 15 years at least

  • @l.j.r.8448
    @l.j.r.8448 Месяц назад +5

    Borrow to bail out billionaires.

    • @MorganJohnsonAuthor
      @MorganJohnsonAuthor Месяц назад

      With the exception of a few.. no one seems to know what is really happening.. Just dumb.. The problem people with the whole inflation issue is greed and racism, disenfranchisement, discrimination, and with that, the economy is simply out of balance. And it's been unbalanced for the entire life of the American Government system. The entire system has been operating while leaving out a whole segment of society and community here in America. Who is the Black American community. The American dream was only for the white people., and has always been a nightmare for black America regarding all aspects of the economy. If you have a muscle car and drive it down the highway at 100 mph with a doughnut tire on the front passenger side for over 500 yrs., what do you think will happen to your motor and transmission?? That's right~!! It's going to break down and blow up.. All because it is out of balance. The only way out of this current economic situation is for ALL OF WHITE AMERICA TO DO RIGHT BY THE BLACK PEOPLE OF AMERICA. And if and when you begin to turn on and print more money., you should have it on your mind that when you print it.., put it where it belongs and will do the most good for the people of America and for America as a whole... Which = Reparations for the Black American Community.. to the exact tune of the current total U.S. debt, but double. One for the Banks and housing, and financial institutions, and the other for the BLACK AMERICAN COMMUNITY ONLY for payment of monies that should be in the economy but is not because of historic bias, racism, discrimination, and disenfranchisement etc.. After that, deal with the greed of these corporations that are robbing the people of America of all races for a decent stable life and livelihood.... And if you can't do that then the U.S. will Fall~!!! Period...

  • @genrcflyer
    @genrcflyer Месяц назад

    Banks want inflation as it counters the depreciation of their collateral. Didn’t Bernanke say after 2008 that “We need to REINFLATE the stock and real estate markets so that people will FEEL more wealthy” and “to raise prices, not wages.” No problem.

    • @mtrest4
      @mtrest4 Месяц назад +1

      He needed to reinflate so he did not look like a total failure.
      If their economic policies really worked, they would not need to keep inflating.

  • @butterscotch3554
    @butterscotch3554 Месяц назад +1

    The logic he offers is sound. However, as ever, arguments based on esoteric economic theories, policies, and mathematical principles always miss the forest for the trees and never deal with root causes that underly the dysfunctional economic dynamics we see today. The ultimate culprit consistently is ruled to be excessive spending, which is really just another symptom, when (closer to the real problem) has been and remains, its antimatter twin symptom, insufficient revenue.
    The debt problem was more than solved by the year 2000, with a US budget surplus in hand. However, since then, tax cuts (revenue reductions), not spending increases, have been "the" primary, but seldom named, driver of the national debt. Those revenue reductions have almost exclusively been distributed to the wallets of very few super wealthy private citizens and large enterprise shareholders. Meanwhile, as we all know, the vast majority of Americans have been left with little or nothing (the majority of that majority) as wealth has been consistently drained from them through a multitude of siphons (a whole other topic), and that extracted wealth has been and still is being sent to the same destination, the pockets of a few.
    The current economic dynamic of spiraling debt and its impending, inevitably deep crisis is the price of this enormous concentration of wealth (and its power) into the hold of a small group. Extreme concentration, leaving far too little in the hands of far too many, is "the" underlying root cause of the country's economic dysfunction. However, just as in this video clip, always strongly asserted as fact "There simply is no way to solve it now!". However, the subtext is, " ... because it is unthinkable to get the money from the place we "know" all the money is to fix the root cause of the debt problem: the few who hold all the wealth. Simply put, the solution is quite clear, but it is unacceptable to those with the means and power to solve the problem.
    The constantly refrained defense of course is that the solution would make the problem even more severe, which with the dire picture Shiff paints, is the equivalent of saying the solution to the apocalypse would make the apocalypse apocalyptic. Making the worst even worse is nonsense, indeed, except for a few of us.

  • @michelerousseau.
    @michelerousseau. Месяц назад +2

    35 trillion

  • @ankitasatiya6932
    @ankitasatiya6932 Месяц назад +1

    Why this depression and recession is not visible in stock market?

    • @chrislastnam6822
      @chrislastnam6822 Месяц назад

      If it's going to crash then shouldn't we hold our cash so we can buy assets at low prices.​@@DaveBesmer-vz1ee

    • @mtrest4
      @mtrest4 Месяц назад

      Money printing

  • @afkafk129
    @afkafk129 Месяц назад +1

    2008 lol 14k to 7k to 40k time in the market beats timing the market trying to call something to seem smart is overrated.

    • @mtrest4
      @mtrest4 Месяц назад +1

      With money printing and debt things look great....... Until the bubble can no longer be sustained by money printing and more debt.

  • @montezz454x4
    @montezz454x4 Месяц назад

    You don't need no government, wake up.

  • @ra-leksandar
    @ra-leksandar Месяц назад

    Smisao u Hrišćanstvu
    Stvar je u tome što su apostoli propovedali hrišćanstvo koje ima smisla, zato je ono buknulo. A ovo danas hrišćanstvo koje se propoveda po crkvama je ostavljeno bez smisla, i danas niko ne bi dao svoj život radi hrišćanstva. Hrišćanstvo je postalo stvar tradicije a ne smisla,
    Kada sam ja uzeo da čitam Bibliju u njoj sam našao taj smisao koji je obogatio moj život i bez koga više ne bih mogao da živim,
    Jer uzeo sam da čitam Bibliju baš u periodu kada je moj život posiveo da mi se nije mililo da živim, i ozbiljno sam razmišljao da je bolje ubiti se nego živeti takav život.
    I sada znam da ako ostanem bez tog smisla moj život neće vredeti ništa; tako da se Hrista ne bih odrekao ni pod pretnjom smrću jer bi i odricanje za mene bila smrt.
    Danas je malo ljudi u hrišćanstvu radi onog izvornog smisla hrišćanstva, možda 144000 na nivou cele planete.
    A ljudi krive hrišćanstvo za sve grozote koje su počinili tradicionalisti i to ih odbija od hrišćanstva da u njemu ne nađu smisao.
    Čovek koji nađe smisao je kao kad neko ko nađe blago u polju, pa proda sve što ima i kupi ono polje. Mnogi su prolazili tim poljem ali blago nisu videli pa ga je kupio za neku siću naspram njegove vrednosti.
    Jer za Carstvo Nebesko kad bi najbogatiji čovek sveta dao svo svoje blago obrukao bi se, i ne bi mogao da ga kupi, a siromah ga dobije za džabe.
    Ja sam ga kupio na popustu i sada ga ne bih dao nizašta na svetu.
    Može li ko da kupi ljubav?
    Koliko para da daš onome koga tlačiš da bi te voleo?
    I da mu daš para koliko traži ni sam nećeš moći poverovati da te iskreno voli, nego da se prodao za pare a u stvari te i dalje ne voli.
    Ako vam se svidela ova priča potražite na blogu "svitanje rs" ima tamo lepe i ukusne hrane za jedan um
    Pozvani su svi dobri ljudi u društvo dobrih ljudi, izvolite poslužite svoj um
    Hvala

  • @RuralmoneyOfficial
    @RuralmoneyOfficial Месяц назад

    Isn't stocks paper?

  • @RuralmoneyOfficial
    @RuralmoneyOfficial Месяц назад

    So it's seniors fault because they are retired and still consuming?

  • @micy9714
    @micy9714 Месяц назад

    Tax needs to be raised to 100%

  • @samuelg3586
    @samuelg3586 Месяц назад

    Of course. I finally decided to invest in some stocks. Of course this would happen 😅

  • @Robin-Smith
    @Robin-Smith Месяц назад

    Will be the same cause. Mortgages. Or really enclosure of the economic rents, which is creating the demand for the credit. End of 2026.

  • @lorraineanderson5679
    @lorraineanderson5679 Месяц назад +2

    Seriously? Enya In the background, crappy AI generated graphics instead of 10 or 12 of the thousands of excellent
    charts out there you could have been displaying but no...pretty flashy lights😮
    LOW QUALITY PRODUCTION

  • @danieldavidisson9906
    @danieldavidisson9906 Месяц назад

    Its not only a crash.... it is a total collapse

  • @Iceman_V4LOR
    @Iceman_V4LOR Месяц назад +2

    "I did that!"
    ~Brandon

    • @OldLion64
      @OldLion64 Месяц назад

      Try not making ignorant statements. This problem started back in the 80s

  • @GlennDay-rs6ko
    @GlennDay-rs6ko Месяц назад

    Gov making more on tax cause everything is more to buy