Well he's been right. If the last 20 crashes have been prevented by them printing fake money and robbing and destroying millions of people economically and enslaving them at the same time, then u must be blind or dumb, because that looks and sound like a crash to me, just transferred onto the people from the elites . Just because people are not smart enough to know trhey are being robbed doesn't mean they aren't being robbed.
Simple math is this: If inflation from 2019 -2024 has been 35% and payroll has been 3% that means it will take us 12 years to go back to normal assuing 0 percent inflation today for 12 years. And that folks is sobering.
@alanbuzby613 Congrat to Peter and Ron Paul, they were right once after being wrong a million other times. If you predict rain everyday eventually your gonna be right once. And who cares? Stocks are significantly higher than they were prior to 08. If you did bet everything in 08 and were able to hold through the recovery, you recovered in 4½ years and today your stocks are worth significantly more. 😂
@@small_blue_bird As George Carlin said years ago , don't fall for the illusion. Even a 3 year old can fix charts to make them look good. Lockheed Martin is doing real well while everyone else struggles. Wonder why that is
@@alanbuzby613 Bro you're saying a whole lot of nothing. No Lockheed Martin is not the only company doing well, and every conpany in the world is not collectively faking earnings and the data points in their charts. I do agree with Carlin though, don't fall for the illusion. The illusion of buying gold, an asset that has produced sub 1% annual inflation adjusted real returns for centuries. Buy the one that has instead annually produced 7% above inflation for centuries. I also agree with you about how easy it is for people to manipulate other people using charts. Dudes like Peter and Robert Kiyosaki have been telling people that gold has provided returns equivalent to an S&P 500 index by measuring their charts from exact market bottoms like 1971 and 2001. 🤣 Maybe they should instead show people the spot gold chart from 1980 to now to see how juicy that annual real return on gold is.
Well he's been right. If the last 20 crashes have been prevented by them printing fake money and robbing and destroying millions of people economically and enslaving them at the same time, then u must be blind or dumb, because that looks and sound like a crash to me, just transferred onto the people from the elites . Just because people are not smart enough to know trhey are being robbed doesn't mean they aren't being robbed.
I was finally able, after 8 attempts, to move my money from Schwab to Robinhood so I can take advantage of the meme stock selling in 24 hours next time they start running in the next 40 days
i don't see why the market would rally after we just had a 18 month full on bull run and the much needed recession brewing, earnings slowing on big companies, inflation, war, indicators going off and signalling recession and correction.... its a no brainer.
@@newtontek ikr its like we fat and spoilt and need to go on a diet now. but the delusional casino traders are thinking stocks like nvidia is head to 5 trillion dollar valuation based on their stock price predicitions. the stock market has been a complete casino for the past 3 years.
Tremendous pessimism expressed. Will government intervention really make such a dysfunctional economy? The opposite of the 1920s and a total refutation of the last 100 years of government refereeing the private economy.
I feel you. I use to use Fidelity's ative trader pro on my computer and it had glitches etc. I had to call them multiple times over the years so I left.
Thanks for the tip. I will stay away from Schwab. I had not heard about their recent problems until you mentioned them. Other trading platforms had experienced problems, though I did not associate Schwab to be a contributor to this most recent turmoil. I have heard many were locked out when this most recent crash occurred.
@@JeffElliott-jb7ix oh there was 1 day, in fact, that I was day trading on Think or Swim and they had a glitch on after hours where it simply didn't fill orders; And that is the day NVDA plummetted so I couldn't get out; Lost roughly $6000; Told them in a chat and they said I had to eat it because I couldn't prove it. Tried to move my $800K to IAB and they called me instantly to try to stop me from leaving and offered me the losses back; I stayed and again more login issues and the Think or Swim now I notice sometimes slows down before it will fill your click and point trades losing price action; So once my DHI calls are done in November after the rate cut to make it run up high I'm leaving Schwab for good
@@prolific1518 I do realize this now. I really appreciate you letting me know. I trade daily and am constantly monitoring stocks, even at 3:00 a.m. C.S.T. I would recommend you stay away from CashApp (a.k.a. Block, Inc). I made a series of purchases trying to feel the bottom point on a stock. Initially, the purchase that did occur at the bottom was appropriately indicated on the chart. I came back a few minutes later and my but point had been shifted to the right, directly effecting my profit. I called and within seconds, it was moved back, but they lost my trust forever. I only do limit orders now. You really have to be very careful and scrutinize all aspects of not only the companies your investing in but the brokerage you choose to trust. Good luck. I hope you make your 1st million before I do.
He sounds like a man who made substantial gains shorting stocks, hoping to instigate yet another fall where he or his associates can make another fortune. The ease of monetary policy does make money more readily available, encouraging 1st time homebuyers to go through with their plans. These high interest rates can not be around forever. Periods of high inflatiom are in the rear view mirror. It's time to move on to the next stage of change in our economic policy, giving the economy the opportunity to thrive once again.
I wish these guys would be held accountable. Bring back their predictions and ask them about it. Too many of these clowns get away with crying wolf all the time.
I can't tell his right. BTC doesn't solve any real world problem or fulfill any societal need, it's pure speculations which US non backed paper markets that rob its citizen and the majority non western world, is built on. That's fact, but it's also a fact that u have to buy it at your own risk and that's the reason the government loves it because it's know different than fiat.
I see this being a very accurate strategy on consolidated markets. This strategy works best if you go to the 5 minute candles and confirm the consolidated trend. Then go down to the 30sec candles to find good trade entries🍑
On cnbc they say go into value... yeah idiots going to buy coca cola while the institutions pickup amazon google and Microsoft at discount. 30% growth is bad now 😂
What all these btc haters don't understand is the dark markets all operate with btc as their payment. As long as dark web markets exists, BTC has a use.
Peter I'll tell you why to change your mind on Bitcoin. Bitcoin is at the point where every 10 min. it now becomes more immutable. You can guarantee exactly how many Bitcoin will be in circulation 50 yrs. from now and beyond.
Don’t listen to Peter Schiff. He has been incorrect in his predictions since 2008, constantly talking about an imminent crash. While market downturns can happen, Peter Schiff should be held accountable for his misleading statements.
bad trader.!!! if we went on his assumption that we are in recession all year…. and market is in denial traders would have missed on huge gains.!! those analysts are in the hot seat.!!!
Don’t listen to Peter Schiff. He has been incorrect in his predictions since 2008, constantly talking about an imminent crash. While market downturns can happen, Peter Schiff should be held accountable for his misleading statements.
Trust him, he’s also called the last 20 imaginary market crashes
also he mentioned in his doomsday scenario the Fed printing a ton of money which actually equals Stocks going up while dollar value going down.
Well he's been right. If the last 20 crashes have been prevented by them printing fake money and robbing and destroying millions of people economically and enslaving them at the same time, then u must be blind or dumb, because that looks and sound like a crash to me, just transferred onto the people from the elites . Just because people are not smart enough to know trhey are being robbed doesn't mean they aren't being robbed.
@@jimscherer8072anyone can predict
Simple math is this: If inflation from 2019 -2024 has been 35% and payroll has been 3% that means it will take us 12 years to go back to normal assuing 0 percent inflation today for 12 years. And that folks is sobering.
I love perms bears because I know I will continue to be invested and market will continue to go up.
Mr. Doom & Gloom
Ya peter is this the big crash? Maybe you'll be right after being wrong hundreds of times. Your a financial prophet!! 😂
He and Ron Paul were correct in 08 . Hope you didn't put all your money on Frank and Dodd in 08:.
@alanbuzby613 Congrat to Peter and Ron Paul, they were right once after being wrong a million other times. If you predict rain everyday eventually your gonna be right once.
And who cares? Stocks are significantly higher than they were prior to 08. If you did bet everything in 08 and were able to hold through the recovery, you recovered in 4½ years and today your stocks are worth significantly more. 😂
@@small_blue_bird As George Carlin said years ago , don't fall for the illusion. Even a 3 year old can fix charts to make them look good. Lockheed Martin is doing real well while everyone else struggles. Wonder why that is
@@alanbuzby613 Bro you're saying a whole lot of nothing. No Lockheed Martin is not the only company doing well, and every conpany in the world is not collectively faking earnings and the data points in their charts.
I do agree with Carlin though, don't fall for the illusion. The illusion of buying gold, an asset that has produced sub 1% annual inflation adjusted real returns for centuries. Buy the one that has instead annually produced 7% above inflation for centuries.
I also agree with you about how easy it is for people to manipulate other people using charts. Dudes like Peter and Robert Kiyosaki have been telling people that gold has provided returns equivalent to an S&P 500 index by measuring their charts from exact market bottoms like 1971 and 2001. 🤣 Maybe they should instead show people the spot gold chart from 1980 to now to see how juicy that annual real return on gold is.
Well he's been right. If the last 20 crashes have been prevented by them printing fake money and robbing and destroying millions of people economically and enslaving them at the same time, then u must be blind or dumb, because that looks and sound like a crash to me, just transferred onto the people from the elites . Just because people are not smart enough to know trhey are being robbed doesn't mean they aren't being robbed.
the counterpoint to this is if the economy tanks, inflation will crater, and bonds will shine
I was finally able, after 8 attempts, to move my money from Schwab to Robinhood so I can take advantage of the meme stock selling in 24 hours next time they start running in the next 40 days
Peter spittin fire 🔥
i don't see why the market would rally after we just had a 18 month full on bull run and the much needed recession brewing, earnings slowing on big companies, inflation, war, indicators going off and signalling recession and correction.... its a no brainer.
Most of these youtubers that have been riding this 15 year bull has never lived through a recession . Its like a purple unicorn to them at this point.
@@newtontek ikr its like we fat and spoilt and need to go on a diet now. but the delusional casino traders are thinking stocks like nvidia is head to 5 trillion dollar valuation based on their stock price predicitions. the stock market has been a complete casino for the past 3 years.
Stop interrupting him when he’s telling you that Bitcoin is junk. You are not smarter than Peter
Tremendous pessimism expressed. Will government intervention really make such a dysfunctional economy? The opposite of the 1920s and a total refutation of the last 100 years of government refereeing the private economy.
Jesus Chris.... He sounds like the sky is falling 😢
The problem is the fed is not going to cut rates
Schwab is a garbage corporation; I've lost more money in the past 8 weeks due to Schwab glitches than in 4 years of trading
I feel you. I use to use Fidelity's ative trader pro on my computer and it had glitches etc. I had to call them multiple times over the years so I left.
Thanks for the tip. I will stay away from Schwab. I had not heard about their recent problems until you mentioned them. Other trading platforms had experienced problems, though I did not associate Schwab to be a contributor to this most recent turmoil. I have heard many were locked out when this most recent crash occurred.
@@JeffElliott-jb7ix oh there was 1 day, in fact, that I was day trading on Think or Swim and they had a glitch on after hours where it simply didn't fill orders; And that is the day NVDA plummetted so I couldn't get out; Lost roughly $6000; Told them in a chat and they said I had to eat it because I couldn't prove it. Tried to move my $800K to IAB and they called me instantly to try to stop me from leaving and offered me the losses back; I stayed and again more login issues and the Think or Swim now I notice sometimes slows down before it will fill your click and point trades losing price action; So once my DHI calls are done in November after the rate cut to make it run up high I'm leaving Schwab for good
Schwab stopped retail from selling that weekend gap down. Schwab is a part of the plunge protection team. Hope you realize this now.
@@prolific1518 I do realize this now. I really appreciate you letting me know. I trade daily and am constantly monitoring stocks, even at 3:00 a.m. C.S.T.
I would recommend you stay away from CashApp (a.k.a. Block, Inc). I made a series of purchases trying to feel the bottom point on a stock. Initially, the purchase that did occur at the bottom was appropriately indicated on the chart. I came back a few minutes later and my but point had been shifted to the right, directly effecting my profit. I called and within seconds, it was moved back, but they lost my trust forever. I only do limit orders now. You really have to be very careful and scrutinize all aspects of not only the companies your investing in but the brokerage you choose to trust. Good luck. I hope you make your 1st million before I do.
Peter Schiff the economic prophet. Call crash everyday and eventually you’ll be correct 🤡
inflation is good for propping up the gdp.
You know when you're near a bottom when these perma bears show up 😂
Schiff is a legendary bear. They'll be right once a moon & make a fortune. But, that night hasn't come yet. At least, not for him.
He sounds like a man who made substantial gains shorting stocks, hoping to instigate yet another fall where he or his associates can make another fortune. The ease of monetary policy does make money more readily available, encouraging 1st time homebuyers to go through with their plans. These high interest rates can not be around forever. Periods of high inflatiom are in the rear view mirror. It's time to move on to the next stage of change in our economic policy, giving the economy the opportunity to thrive once again.
hes been bearish on tech for an year now
And buying only precious metals
He has been bearish since 2008 😂
A year? Try a decade
@@nadavavnon8562He doesn't buy only precious metals. Try not being wrong.
Didn’t he call a sell off/ Crash before all time highs? the day before a few years ago lol
he sells front loaded gold funds. expense ratios are highest ive ever seen. no thanks.
it's how it works...
I wish these guys would be held accountable. Bring back their predictions and ask them about it. Too many of these clowns get away with crying wolf all the time.
I couldn't tell if he liked bitcoin or not???😂😂
I can't tell his right. BTC doesn't solve any real world problem or fulfill any societal need, it's pure speculations which US non backed paper markets that rob its citizen and the majority non western world, is built on. That's fact, but it's also a fact that u have to buy it at your own risk and that's the reason the government loves it because it's know different than fiat.
I see this being a very accurate strategy on consolidated markets. This strategy works best if you go to the 5 minute candles and confirm the consolidated trend. Then go down to the 30sec candles to find good trade entries🍑
On cnbc they say go into value... yeah idiots going to buy coca cola while the institutions pickup amazon google and Microsoft at discount. 30% growth is bad now 😂
When was the last time Peter Schit was right? Is he still selling his junk silver?
Vix 15 tomorrow
Why do you have this short selling narative snakeoil salesman
Byaaahhhh! - Howard Dean 2004
Show charts. Data tells the story. Not talking heads with opinions.
Charts are made up illusions . My 3 year old could make up a chart to make look good .
@@alanbuzby613 Hire your 3 year old as your analyst then.
What all these btc haters don't understand is the dark markets all operate with btc as their payment. As long as dark web markets exists, BTC has a use.
So good news all around, eh Peter?
Permabear?
This guy seems angry. Odd.
Recession is coming or not, markets are crashing or not, this guy is selling his bullshit and making a living for the past few years 😂
Everybodys favorite gold salesman, spreading fear about every other asset class once again. Big surprise. 😂
Peter I'll tell you why to change your mind on Bitcoin. Bitcoin is at the point where every 10 min. it now becomes more immutable. You can guarantee exactly how many Bitcoin will be in circulation 50 yrs. from now and beyond.
Some reason I do not like this guy 👆
Don’t listen to Peter Schiff. He has been incorrect in his predictions since 2008, constantly talking about an imminent crash. While market downturns can happen, Peter Schiff should be held accountable for his misleading statements.
This guy has been predicting a disaster since 2006! A complete JOKER!
Predicting a disaster since 2006 when a disaster happend in 2008? Make that make sense
This guy doesn't sound like he likes anything and anyone.. fun guy
Everyone is trying to get a buck
Rubbish.
Is this guy actually a good investor? Sounds a like a lot of bs to me.
Dude is just Wrong!
Don't be to be quick to judge...and learn from the man
Permabear Peter Shitt
blah blah blah
lol
Get your tinfoil hat out when your listening to this dude.
We don’t need reactivate Cuts we need proactive policy changes like trump did
Yes put faith in the hands of a convicted felon.
۸۴
bad trader.!!!
if we went on his assumption that we are in recession all year…. and market is in denial
traders would have missed on huge gains.!!
those analysts are in the hot seat.!!!
fact…. historically…. september is a bear time…. and we are due some pull back
yes…. take some profits…. but the best game is to always hold
He is saying the same thing for 4 years 😂😂😂
GOD SAID, THE STOCK MARKET WILL CRASH COMPLETLY THIS FALL.
Don’t listen to Peter Schiff. He has been incorrect in his predictions since 2008, constantly talking about an imminent crash. While market downturns can happen, Peter Schiff should be held accountable for his misleading statements.