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🔴 When Jerome Powell Talks, People Shouldn't Listen - Ep 946

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  • Опубликовано: 5 фев 2024
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Комментарии • 520

  • @brianmaguire6814
    @brianmaguire6814 6 месяцев назад +70

    "Politics is the entertainment division of the military industrial complex." -Frank Zappa

    • @johndoe1.196
      @johndoe1.196 6 месяцев назад +3

      😂

    • @johnmcminn9455
      @johnmcminn9455 6 месяцев назад +1

      💯 Exactly!

    • @SaigonPharmacy
      @SaigonPharmacy 5 месяцев назад +1

      “The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater.”
      ~Frank Zappa

    • @Tom-mu7zy
      @Tom-mu7zy 5 месяцев назад

      “If you put the federal government in charge of the Sahara Desert, in 5 years there would be a shortage of sand.” - Milton Friedman

    • @johnmcminn9455
      @johnmcminn9455 5 месяцев назад

      @Tom-mu7zy lol good one, I have heard that before, so true though

  • @robertfeinberg748
    @robertfeinberg748 6 месяцев назад +32

    We're not a nation of law; we're a nation of lawyers.

  • @robertfeinberg748
    @robertfeinberg748 6 месяцев назад +24

    Milton Friedman said, "Thank goodness we don't get the government we pay for."

    • @johndoe1.196
      @johndoe1.196 6 месяцев назад

      I hate to say it, but having spent a lot of time in other countries, America today is far from free. In fact, it's a defacto socialist country.

  • @LittleCutiePodcast
    @LittleCutiePodcast 6 месяцев назад +26

    The best part of the 60 min interview was when Powell said he has "integrity"

    • @slowridefpv9668
      @slowridefpv9668 6 месяцев назад +3

      Yea, every time my insurance jumps, property tax increases I think of Powell’s integrity! At least he was honest enough to tell us he was going to run inflation hot for some time (print a $#1+ ton of money)

    • @Weak_juan
      @Weak_juan 6 месяцев назад +4

      Look up jpow's net worth. He's not interested in you and I.

    • @GroceryBoy
      @GroceryBoy 6 месяцев назад +2

      Farming with tegridy south park

    • @bellakrinkle9381
      @bellakrinkle9381 6 месяцев назад +2

      Right! It's an odd statement when his organization has gone - for all intents and purposes - ROGUE.

    • @Jalleur14325
      @Jalleur14325 6 месяцев назад

      He's got more than Trump who Schiff seems to look up to

  • @WInnerwinnerchickendinner.
    @WInnerwinnerchickendinner. 6 месяцев назад +11

    Buying Gold stocks has been a suckers game for decades and Peter is still giving his broken record buy gold stocks advice.

  • @mountainpatriot7673
    @mountainpatriot7673 6 месяцев назад +50

    The "reporters" on 60 Minutes are just prompt readers. They do as they are told. Pathetic destruction of their profession.

    • @ytfeverguy8367
      @ytfeverguy8367 6 месяцев назад +2

      I actually think Pelley and D Muir deserve Oscars.

    • @marcusjewelry
      @marcusjewelry 6 месяцев назад

      the CIA has controlled corporate U.S. news via "Operation mockingbird" since after WW2.

  • @user-gp5fl7cx4h
    @user-gp5fl7cx4h 6 месяцев назад +16

    I listened to Peter since 2016 and bought gold and missed a tremendous rally in the market. I sold all my gold when it was mid-1900 and placed it in the QQQ last year. Made 30%+ return. Peter might be right in the longterm but it can be another 30years.

    • @atgratgr4162
      @atgratgr4162 6 месяцев назад +8

      Peter, has been right for himself.....grifter.

    • @Ned-bw5tt
      @Ned-bw5tt 6 месяцев назад +3

      Nothing wrong with holding gold and QQQ

    • @JA-zh5xi
      @JA-zh5xi 6 месяцев назад +1

      Ya - PM stocks and physical only make up about 5% of my holdings. Much better returns lately in TLT and other stocks.

    • @MRCATWRENCH
      @MRCATWRENCH 6 месяцев назад

      I agree 100% IN HINDSIGHT. But…..what are you buying today?

    • @atgratgr4162
      @atgratgr4162 6 месяцев назад

      Do you really need to be buying something all the time?@@MRCATWRENCH

  • @pmtime407
    @pmtime407 6 месяцев назад +7

    Is the bartender guilty if he keeps serving drinks to the drunk who can't even stand up???

    • @brianmaguire6814
      @brianmaguire6814 6 месяцев назад +1

      Yes. You can be sued as well as the establishment.

  • @truhunk1
    @truhunk1 6 месяцев назад +6

    Don't expect the Government to be logical.

  • @ageless-coach
    @ageless-coach 6 месяцев назад +5

    How many more years do we wait Peter?

  • @rvanbeau2009
    @rvanbeau2009 6 месяцев назад +9

    When her ETF funds dropped in price Kathy Wood said it was an opportunity to buy her funds cheaper and Peter criticized her. Now Peter is saying the same thing about gold stocks.

    • @jackwang8878
      @jackwang8878 6 месяцев назад +3

      🤣and someone who follows his advice 4 years ago -50% 3 years ago -30 this year ? Who knows lol

  • @WInnerwinnerchickendinner.
    @WInnerwinnerchickendinner. 6 месяцев назад +8

    Inverse Schiff is a great money maker.

    • @metalox88
      @metalox88 5 месяцев назад

      😅

    • @russjamison9041
      @russjamison9041 5 месяцев назад

      Lol!!!
      I hear ya. Btc going to break new highs and leave people scratching their heads and kicking themselves in their own asses😂😂😂
      And I'll be selling to them!!!!!
      Stay tuned. Buy those weekly fibbed discounts!!!!! Sell/scale out each new high!!!!
      Not hard to understand!!!

  • @robertfeinberg748
    @robertfeinberg748 6 месяцев назад +10

    Bernanke became known as Helicopter Ben.

  • @mehditaba6303
    @mehditaba6303 6 месяцев назад +14

    Gold spot price was above 3,500 back in 1980 inflation adjusted.

    • @brianmaguire6814
      @brianmaguire6814 6 месяцев назад +1

      In the 90's an ounce of weed was $450, more than an ounce of gold ($250?) 😆

    • @juansoto.925
      @juansoto.925 6 месяцев назад +3

      ​@brianmaguire6814 perspective lol 😆

    • @Jalleur14325
      @Jalleur14325 6 месяцев назад

      ​@@brianmaguire6814there was a time when a chickens egg was worth more than an ounce of gold. In fact gold couldn't be used to buy one as they were so scarce and valuable.

    • @CalvincHoward
      @CalvincHoward 6 месяцев назад

      consider the supply of gold has inflated 1 to 2 % per year as well@@Jalleur14325

  • @victorfontaine4943
    @victorfontaine4943 6 месяцев назад +15

    I can hear you Peter Schiff and agree with most of the things you’re saying. The problem is the people that matter either don’t comprehend or don’t care. They just gonna keep pumping until the well runs dry. “When they don’t find water, they’ll get down on their knees and drink the sand”….

    • @brianmaguire6814
      @brianmaguire6814 6 месяцев назад

      Tar Sands baby!! Because oil will never go below $120/bb ever again!! /s

    • @jonathantaylor6926
      @jonathantaylor6926 5 месяцев назад

      Problem is printing creates inflation and bond yields track inflation. So they can try to print their way out but that will spike yields.. printing more will just cause 12% mortgage rates.

  • @darksauske75
    @darksauske75 6 месяцев назад +9

    I’d love if you did a talk about the Gilded Age in America. I want an Austrian’s perspective on the prices, standard of living, capitalism and growth during that era.

    • @marcusupshaw829
      @marcusupshaw829 6 месяцев назад +2

      Read Thomas Sowell. He has wrote a good amount on Americas gilded age

  • @logann001
    @logann001 6 месяцев назад +7

    If pete had invested in bitcoin, he wouldn't need to do advertising, but he didn't so he does😂

  • @JesusPerez-ub4sx
    @JesusPerez-ub4sx 6 месяцев назад +4

    "The problem is contained".. is what powel said about commercial real estate.. Bernanke said the same about subprime loans in 2006.

  • @webcomber
    @webcomber 6 месяцев назад +3

    LOVE The Peter Schiff SHOW! Continuing to monitor the Bitcoin Collapse postmortem after the ETF DISASTER!! Remember, Peter was the FIRST to call out the Bitcoin scam over 10. years ago!! Peter Schiff was right again!!!

  • @danlee6997
    @danlee6997 6 месяцев назад +6

    I short every one of peters suggestions.very profitable.thank you Peter.

    • @roccoforte6889
      @roccoforte6889 6 месяцев назад

      I'm thinking of buying puts on the US banking sector for 2024 gives me the idea 👌👍

  • @polarroller
    @polarroller 6 месяцев назад +4

    SEC needs to be stopped.

  • @robertfeinberg748
    @robertfeinberg748 6 месяцев назад +7

    Yellen said the problems with the banks are not her fault or concern at Treasury.

  • @robertfeinberg748
    @robertfeinberg748 6 месяцев назад +5

    The securities under under FINRA is governed by self-regulation, in other words, by its own lawyers.

  • @hmmob3956
    @hmmob3956 6 месяцев назад +2

    36:11 'We were already broke from the stuff we are doing here on earth ... ' . Lol. What a line.

  • @CentrifugalSatzClock
    @CentrifugalSatzClock 6 месяцев назад +3

    True they sold the public on tariffs way back then but they weren't stealing 80% via money printing inflation. Taxes, tariffs and the fed are ALL terrible terrible things.

  • @claudecorbet9436
    @claudecorbet9436 6 месяцев назад +12

    A blatantly dishonest person does not deserve the highest office in the country.

    • @aaronkelly3035
      @aaronkelly3035 6 месяцев назад

      True we have to throw Joe Biden out of there. Guy lies too much

    • @johndoe1.196
      @johndoe1.196 6 месяцев назад +3

      That's how they get there in the first place.

    • @Hdc2390
      @Hdc2390 6 месяцев назад

      Trump is worse. They are all the same toxic politics we deserve better as a nation. In politics that's part of the job on how much they can lie, steal, cheat and even worse to be in the game. It's destroying our country.

    • @bellakrinkle9381
      @bellakrinkle9381 6 месяцев назад

      Why do you think his Elite Masters HIRED Biden?

  • @SpencerKelvin172
    @SpencerKelvin172 6 месяцев назад +56

    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 Anna Williams

    • @JeffreyAdams285
      @JeffreyAdams285 6 месяцев 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.

    • @Troymatthew525
      @Troymatthew525 6 месяцев назад

      What impresses me most about Anna Williams is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure winning trades.

    • @OliverParker455
      @OliverParker455 6 месяцев назад

      Isn't that the same Mrs Anna Williams that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well

    • @NicholasClones527
      @NicholasClones527 6 месяцев назад

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

    • @ElaineRich321
      @ElaineRich321 6 месяцев назад

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

  • @biulaimh3097
    @biulaimh3097 6 месяцев назад +2

    US equity investors are waiting for the FED to cut rates. The FED is waiting for investors to give up waiting before they cut rates.

  • @yawzerdoink-a-sore-as8159
    @yawzerdoink-a-sore-as8159 6 месяцев назад +2

    This is the tenth canary that has died, how many more canary farms are we gonna go through before we get the message?

  • @diananovak8029
    @diananovak8029 6 месяцев назад +4

    In NY the newest cost is camera speed zones. I get to work at 6am. So have to drive at 25 miles an hour even if there is no traffic or pedestrians. They pop up and then you get a ticket in mail. It just effect spending and standard of living. Always on stress watch that your not above 25.

    • @user-im6fy4qp6m
      @user-im6fy4qp6m 6 месяцев назад +1

      they tried that in the UK and had to stop because the people rose up and started defacing and vandalizing and destroying the cameras. food for thought if you live in a totalitarian s-hole!

    • @Weak_juan
      @Weak_juan 6 месяцев назад +3

      They nab you because they need revenue.

    • @MRCATWRENCH
      @MRCATWRENCH 6 месяцев назад +1

      Why are speed limits so hard for people to understand?

    • @fearhand12
      @fearhand12 5 месяцев назад

      Those are school zones, Diana. Little kids are prone to running out into the street

    • @user-im6fy4qp6m
      @user-im6fy4qp6m 5 месяцев назад

      gotta pay for those illegals somehow

  • @lindacannon5173
    @lindacannon5173 6 месяцев назад +8

    Love the title😂

  • @Two-brothers-stacking
    @Two-brothers-stacking 6 месяцев назад +3

    Silver and gold are all we do. And your right gold has held strong.

    • @BullsEye3333
      @BullsEye3333 6 месяцев назад +3

      It's hilarious to listen to Peter celebrate gold over $2,000. He's literally counting the days above $2,000 when he has been calling for $5,000 gold for like 15 years. HAHAHAHA!!! Yes, gold is up slightly but everything else has skyrocketed (except silver of course). So he just sounds like a clown when he celebrates these incredibly pathetic gains. Gold doesn't even come close to keeping up with the rigged inflation rate, let alone the real rate.

  • @robertfeinberg748
    @robertfeinberg748 6 месяцев назад +10

    There used to be Stein's Law: "When something can't go on forever, it stops."

    • @martinclark6952
      @martinclark6952 6 месяцев назад +1

      If it can be kept going for another 2 weeks it can be kept going forever

  • @Jacos09
    @Jacos09 6 месяцев назад +3

    Gold lasts. Fiat money doesn’t.

  • @nashviet
    @nashviet 6 месяцев назад +4

    Trying to buy Peter's gold fund EPGIX. I thought he recently said one can buy this fund via Fidelity with no fee. But Fidelity is charging me $49.99 to do so. Did I misunderstand Peter?

    • @jleKnowTheFuture
      @jleKnowTheFuture 6 месяцев назад

      Got a high expense ratio as well. You can buy all these individual stocks and pay no fees.

    • @brianborse3555
      @brianborse3555 6 месяцев назад

      Your broker (Fidelity) should have a detailed explanation of how fees work for mutual funds. Load / no load, expense ratios, etc.

  • @AngelChavezSuarez
    @AngelChavezSuarez 6 месяцев назад +260

    E-commerce tokens are booming. AMS55K will go 50x after the launch.

  • @davefouquette4192
    @davefouquette4192 6 месяцев назад +1

    Great stuff. Thank you Peter.

  • @saltydog1196
    @saltydog1196 6 месяцев назад +3

    The Trump year's were the best because he gave the people hope! And It's not always about $ and Trump's not an Economist. 🤫

  • @EVROADIES
    @EVROADIES 5 месяцев назад +4

    Hi Peter, Look at gold, Silver and mining stocks got beaten up again as usual. When market is up they go down and when market is down they get beaten up even badly 2x-4x more. It has been more than a decade of loosing money without even adjusting to inflation. Your recommendation would be 30% of the value today after decade adjusted for inflation or may be less. while people have made 10x or even more over the decade. some have been 5x+ in just 5years.

    • @EVROADIES
      @EVROADIES 5 месяцев назад +1

      Just to add mining stocks hitting multi year lows while all the other stocks recovering and still all time high.. just look at the fall, 5-6% a day which is normal for them. If same thing or even 3% fall happens to other big stocks, it’s considered as a big day of fall..

  • @jetset8090
    @jetset8090 6 месяцев назад +3

    Hi Peter ,You Talk about how gold has spent so much time above $2000.00 and yet mining stocks have still not responded ,well let me tell you ,down here in Australia and in Australian dollars gold has spent just as much time not just above $2000.00 dollars but above $3000.00 per ounce ,and still precious metal stocks are behaving like leppars on a far morroona dessert island ,many of these so called leppar stocks are making significant margins but are yet to be recognised for that .

  • @rcpcash
    @rcpcash 6 месяцев назад +1

    This generation is already paying the price! That is why everyone disapproves of Biden (Even though over half the problem in the last 4 years was because of Trump) We need a libertarian president really bad! I wish people would have demanded Larry Elder be allowed to debate...

  • @jeannevaughn41
    @jeannevaughn41 6 месяцев назад +2

    Well as usual you're half right

  • @robertfeinberg748
    @robertfeinberg748 6 месяцев назад +4

    Peter,n I have Unsubscribed from Fox, but I watch Laura Ingraham, so I'll look for that show.

    • @Jalleur14325
      @Jalleur14325 6 месяцев назад

      When you understand that half of America watches fox you understand why it's so divided. On the one hand the Left trumping gender dysphoria and the squad and on the right anti abortion, America first, environmental wreckage.etc.

  • @chrislastnam6822
    @chrislastnam6822 6 месяцев назад +2

    Very few people had refrigerators or indoor plumbing in 1920

    • @Jalleur14325
      @Jalleur14325 6 месяцев назад

      Yes. Central heating also wasn't common til 60s here. Each decade brings more consumption, more environmental wreckage and more extinctions 😢

  • @robertfeinberg748
    @robertfeinberg748 6 месяцев назад +2

    Around 2007, when there was speculation about when QE would end, I attended a presentation by Vincent Reinhart in which he asserted that the Fed knew "scientifically" when to end QE.

    • @MRCATWRENCH
      @MRCATWRENCH 6 месяцев назад +2

      QE didn’t start until 2009

    • @robertfeinberg748
      @robertfeinberg748 6 месяцев назад

      @@MRCATWRENCH I guess you're thinking it was after the 2008 scam. It was said no one could have predicted it, but I did. In a tragedy for our country, the day before I was born, the author of the bailout was born. On the day he was announced as Treas Sec, I said, this means Goldman is insolvent and would be bailed out. The whole thing was a scam. I agree with Larry Summers that the banks should have been nationalized. Of course, another scam was the bailout of SVB by Biden fiat without a peep from Republicans. I knew the GC of SVB who was also the GC of Stanford. What could go wrong? I knew two economists who were serving as advisers to McCain. I teased them that this role was like being lead chef to a hunger striker. In my book, the ongoing, permanent Financial Crisis dates back to 1971 when Nixon closed the gold window. In the Soviet model the Dems have adopted, nothing succeeds like Failure. I think Wells Fargo, owned by Buffett, should have been closed for creating 5m fake accounts. There's a project available for someone to reviews the humongous failures authored by Buffett. At one time the Banking Committee was thinking that Geico would have to be bailed out, but this one was rescued by Buffett. He has said he wishes he could buy even more commercials.

    • @robertfeinberg748
      @robertfeinberg748 6 месяцев назад +1

      @@MRCATWRENCH Having a Biden moment, the scoundrel I was thinking of was Hank Paulson. Other nasty players were Bob Corzine and Jamie Dimon, who should have been fried in 2006 for the London Whale caper.

  • @DenysSterling
    @DenysSterling 6 месяцев назад +1

    In one of the previous podcasts a couple of months ago, Peter mentioned several departments in US government that should cease to exist, in the context of "US government is too big".
    Can someone please indicate which episode it was? I'd like to take a closer look on that argument.
    Thank you

  • @friendlyfox2189
    @friendlyfox2189 6 месяцев назад +1

    I want to hear your opinion on how the government can cut spending on military while dealing with impending World War 3 threat.

  • @yawzerdoink-a-sore-as8159
    @yawzerdoink-a-sore-as8159 6 месяцев назад +2

    The words, “man” and “woman” have no meaning anymore 😂

  • @marakima
    @marakima 5 месяцев назад +2

    Hey Peter, please address this: when inflation numbers go up, gold and especially gold stocks go down, a lot. So why do you recommend precious metals as a strategy against inflation?

    • @trappart9209
      @trappart9209 5 месяцев назад

      Because soon markets will realize that Fed can't bring inflation down and it will surge and Fed won't be able to raise rates - that's what Peter said in the latest podcast episode

  • @tombox2759
    @tombox2759 6 месяцев назад +3

    Peter is my favorite narcissist. He will surely find a way to keep You-Tubing from his grave one day. This guy rocks.

  • @robertfeinberg748
    @robertfeinberg748 6 месяцев назад +2

    We don't how long the Fed is going to grow the present bubble. Probably at least through the o-lection. BTW, the first SEC chairman was J P Kennedy, a famous stock manipulator.

  • @urwaowais7628
    @urwaowais7628 6 месяцев назад +1

    Gold did not go below 2000 for almost 60 days.

  • @baddage
    @baddage 6 месяцев назад +1

    Good analogy of the controlled burn vs. the wild fire.

  • @Rubber_Duckie763
    @Rubber_Duckie763 6 месяцев назад +1

    "How can these unelected people redefine what something is?"
    The same way the ATF can redefine what the NFA says

  • @lindamorris1035
    @lindamorris1035 6 месяцев назад

    Thanks Peter, your analysis is always specific, concise and revealing! Absolutely fantastic!

  • @mkw2555
    @mkw2555 6 месяцев назад

    Thank you Peter.

  • @iankingston480
    @iankingston480 6 месяцев назад

    Great history lesson and semantics of words!

  • @victorelnecave5157
    @victorelnecave5157 5 месяцев назад

    What stocks are good to buy and hold gold

  • @mannyvelo
    @mannyvelo 6 месяцев назад

    Thank you

  • @anita77771
    @anita77771 6 месяцев назад

    What are the gold stocks Peter’s been talking about? Could we buy them in Canada?

  • @robertfeinberg748
    @robertfeinberg748 6 месяцев назад +2

    As a technician, albeit not a fan of gold, admittedly the longer gold builds a base around $2K, the bigger the move is likely to be whenever gold finally spikes above that level, sometime around when the Messiah comes.

    • @ToddTinley
      @ToddTinley 6 месяцев назад

      The antichrist comes first.

    • @brianmaguire6814
      @brianmaguire6814 6 месяцев назад

      Either way the Bible says people will cast their gold and silver into the streets. Love people that believe a book but don't read all of it.

  • @robertfeinberg748
    @robertfeinberg748 6 месяцев назад

    G-span was asked about private debt, whether that was a problem and he responded, not as long as it was increasing but when it no longer can.

  • @animalblack8482
    @animalblack8482 6 месяцев назад

    Excellent Peter thxu 👍

  • @davidk3845
    @davidk3845 6 месяцев назад

    Good Video, One of your Best Yet Peter. Thumbs Up, Thanks

  • @Bumlife2Bomblife
    @Bumlife2Bomblife 6 месяцев назад

    Where to buy?

  • @PonziZombieKiller
    @PonziZombieKiller 6 месяцев назад +1

    Put on your Rally Hats ❤Bidenomics ❤ is fixing to roar !!!

  • @greggergen9104
    @greggergen9104 6 месяцев назад +1

    Donald Trump got us out of the Paris Accord... The Paris Accord is why farmers in Europe are protesting.

  • @bellad1063
    @bellad1063 6 месяцев назад +1

    Peter try harder to get on left networks, central networks.. we need your perspectives. I’m left of center but I listen to everything.

  • @sebastianblackfyre
    @sebastianblackfyre 6 месяцев назад

    What solutions could have been implemented?

  • @thomasstorgaard9750
    @thomasstorgaard9750 6 месяцев назад

    Scott Pelley from CBS interviewed Bernanke.

  • @user-gw3or5qr3e
    @user-gw3or5qr3e 6 месяцев назад +3

    I think we all need to admit that the economy is much more resistant to higher rates than we thought.

    • @brianmaguire6814
      @brianmaguire6814 6 месяцев назад

      Commercial real estate disagrees strongly with this statement 🤣🤣

    • @user-gw3or5qr3e
      @user-gw3or5qr3e 6 месяцев назад +1

      @@brianmaguire6814 the issue with commercial real estate has more to do with work from home than high interest rates. if they could occupy the space commercial real estate would not have an issue.

    • @jjm00811
      @jjm00811 6 месяцев назад +1

      No they are propping it up with cooked data for the election

    • @chesskid1635
      @chesskid1635 6 месяцев назад +1

      The 15,000 people that UPS fired would disagree

    • @englishpayerofgermantaxes8186
      @englishpayerofgermantaxes8186 6 месяцев назад +1

      ​@user-gw3or5qr3e
      That assumes that the official CPI is accurate. Interest rates minus the increase in CPI, that is, real interest rates are probably not even positive.

  • @user-uv7lw2eg2x
    @user-uv7lw2eg2x 6 месяцев назад +1

    Now all of the expensive stuff I bought lost 50% value in deflation

    • @tallgoofyb
      @tallgoofyb 6 месяцев назад +3

      What in the world is 50% cheaper than a couple years ago???

  • @sebastianblackfyre
    @sebastianblackfyre 6 месяцев назад

    It turns out I don’t know American history either. Thank you Peter for your knowledge and smarts.

  • @leonardopadilla7183
    @leonardopadilla7183 6 месяцев назад +248

    My largest holding is Amazons AMS55K. Glad it came out to be this. I’m a fanboy and I like jeff. He reminds me of Steve Jobs when he speaks.

  • @TiozinBroke
    @TiozinBroke 6 месяцев назад +2

    I'm a big gold fan but these gold miners stocks have terrible fundamentals. I don't put any money in them

    • @NaNa-wj8tw
      @NaNa-wj8tw 6 месяцев назад +2

      Never mattered previously and the fundamentals are just as bad.

  • @_starhelix
    @_starhelix 5 месяцев назад

    Always good to hear you, Peter. Another nice opportunity in the mining stocks. 👌🏻

  • @robertfeinberg748
    @robertfeinberg748 6 месяцев назад +2

    I predicted in 2007 that QE would be QE-n.

  • @stiffdrinkfinance1981
    @stiffdrinkfinance1981 6 месяцев назад

    what channel, Peter and what time?

  • @lawsonsealey1911
    @lawsonsealey1911 6 месяцев назад +1

    I’m Schiffting to Gold!

    • @atgratgr4162
      @atgratgr4162 6 месяцев назад

      Get ready to get Shiffty Schiffed!

  • @robertfeinberg748
    @robertfeinberg748 6 месяцев назад +1

    There's a cartel of bond dealers who are approved as the government bond market.

  • @deepstatecia
    @deepstatecia 6 месяцев назад +2

    gold mining is just a waste. moving some stuff from below ground and into an underground vault.

    • @user-ci2mn1oy3w
      @user-ci2mn1oy3w 6 месяцев назад

      says you. Ill give you $1600 USD for every oz of that "worthless' metal you want to send me.

  • @bobbiecrider6964
    @bobbiecrider6964 5 месяцев назад

    In the seventies, eighties, and the nineties, my ex-wife had debt and lots of it. I learned my lesson the hard knock way.
    Today ow! I'm coasting, debt free the past 16 years, but not the rest of the country.
    It's a good thing, being I retired single in 2010. So far so good.

  • @mountainpatriot7673
    @mountainpatriot7673 6 месяцев назад +5

    Nice shirt, Peter. Glad you are being asked to be a guest on Fox.

  • @Spikefade
    @Spikefade 6 месяцев назад

    Concerning gold stacks there will definitely be a change of trend when the time is right to buy It's still in a downttrend and I'm not touching it until a higher comes in with some volume

  • @santiflipinago
    @santiflipinago 6 месяцев назад

    Great episode. Watched twice on Spotify. Just came to give my like

  • @motorcitymadman146
    @motorcitymadman146 6 месяцев назад +1

    I feel the good days are gone. We went over the cliff. Its never gonna get any better unless something unforeseeable happens. Sad world.

    • @johndoe1.196
      @johndoe1.196 6 месяцев назад

      Happiness, like misery, is a state of mind.

    • @motorcitymadman146
      @motorcitymadman146 6 месяцев назад +1

      @johndoe1.196 tell that to the people in Palestine. Or to Toby Keith Family right now. Ignorant bliss would be nice but I don't want to live in ignorance.

    • @johndoe1.196
      @johndoe1.196 6 месяцев назад

      @@motorcitymadman146 The world has always been on fire, the barbarian invaders have always been on the other side of the mountains, people have always died from violence, accidents and disease. We can't control these things, only how we deal with them. You should look into stoicism, if you haven't already. Also, think of one thing every day that you're grateful for. There is ALWAYS someone who has it worse than you, ie everyone in N. Korea. Be glad you don't live there.

    • @johndoe1.196
      @johndoe1.196 6 месяцев назад

      @@motorcitymadman146 You can't control the world (which has always been on fire), only how you deal with it. You should look into stoicism, if you haven't. Epictetus is a good place to start.

  • @commodoresfc
    @commodoresfc 6 месяцев назад

    Excellent show!

  • @stevekoffeld9071
    @stevekoffeld9071 6 месяцев назад

    Government spending is one part of inflation. The other is low rates that resulted in more private borrowing, spending and malinvestment.

  • @joelyons3713
    @joelyons3713 6 месяцев назад +3

    Brilliant as always! Thanks!

  • @miguelon1995
    @miguelon1995 6 месяцев назад +1

    Peter the 🐐 of economics 👌🏽

  • @sebastianblackfyre
    @sebastianblackfyre 6 месяцев назад +2

    👍

  • @yawzerdoink-a-sore-as8159
    @yawzerdoink-a-sore-as8159 6 месяцев назад +1

    Classic Peter Schiff, “This is you”

  • @DefconO1
    @DefconO1 6 месяцев назад

    Peter Ive been following you since 2010. Politically we need your discussion for traction. Hate to put that weight on you again.

  • @karenfreund208
    @karenfreund208 6 месяцев назад

    Toy in the cracker jack box . Hahaha

  • @jleKnowTheFuture
    @jleKnowTheFuture 6 месяцев назад

    I actually missed seeing you on the Laura Ingraham show because it comes on at 7 PM ET to 8 PM ET. Not 8 PM to 9 PM ET

    • @peterschiff
      @peterschiff  6 месяцев назад +3

      They cancelled the appearance.

  • @Dave.S.TT600
    @Dave.S.TT600 5 месяцев назад

    Wow! What a shirt! & THANKS for the Podcast!!

  • @luciferlight5082
    @luciferlight5082 6 месяцев назад

    To look at basic numbers,gold has a daily trading volume of about 80 billion dollars and a market cap of about 17 trillion

  • @webcomber
    @webcomber 6 месяцев назад

    I'm on the Peter Schiff gold train to the stars!!!!😀😀😀

  • @metalox88
    @metalox88 5 месяцев назад

    Glad you're feeling better 🙏

  • @skynetsworld
    @skynetsworld 6 месяцев назад

    WOW, from free to 199USD!? 🤔
    This is not a Super Bowl ticket or is it? 😂😂😂