Economic slowdown will fuel inflation fire
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- Äas pĆidĂĄn 31. 01. 2023
- Peter Schiff and Liz Claman about the Fed, Jerome Powell, interest rates, and government spending.
Recorded 2/1/2023 on Fox Business Claman Countdown
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Bullshit ... when was there ever a special event or QnA?
When are you going to have Cathy wood manage your funds?
congrats on beating goldman & vangaurd - good things ahead with your approach
@@ddubsr5886 you need to know when to pull out of crazy or you end up in a mess haha.
Do you expect bitcoin?
All regulations barring poor financial practices that were put in place during the 1930s have been modified by the government. For instance, until the 1980s, purchasing your own shares was a crime. Even though I think a recession heralds the beginning of a boom, I'm relieved to have sold off all of my significant stock holdings.
The four most dangerous words in investing are, itâs different this time.
Sir John Templeton
@Ali Yunko I completely concur that the importance of formal or fundamental financial education and managers cannot be overstated. Markets are not lakes but oceans. As already said, diversification is essential. Consider the fact that I have made my fair share of poor trades and have learned the importance of time, capital, entry, and many other factors. I currently follow Yvonne Annette Lively's advice and have a $122k portfolio with an average 12% monthly return in less than a year, so I am aware of the value of having a foundational understanding.
@@Ryanjcanfield was she ever on fin weekly? the life coach and fin manager? I mean Yvonne Anette Lively
Thanks for the info on Yvonne Annette Lively. Been on red like forever
The current system is completely unsustainable. The only reason it continues 'as if' is lending and debt. Lending for healthcare, for homes, for education, and plain old credit cards. trouble is, when the bottom falls out, the lenders get bailed out and consolidated, and everyone else loses their shirt.
I can't feel it. Most people that get rich do so during a depression or recession. I've lived trough 2 of them. This is what happened. They took everyone's 401K's money. That's how they pay for it. People with 401K's are handcuffed to a sinking ship. Everyone else jumps ship.
My greatest worry is how do we recover from all these economic and global troubles? Especially with the political power tussle going on in the united states.
Every person is affected by this directly or indirectly. Taking myself for instance, Investments or stocks still retain their values very much but I'm still at crossroads of deciding if to liquidate my $53k worth of stocks or hold on to them cos I'm scared they might lose value.
There are several reasons I have been investing under the counsel of an Advisor which are someone who sets asset allocation that fits my tolerance and risk capacity, investment horizon, present and future goals. âEleanor Annette Eckhaus has provided all that and I donât want to go into ROI on a public space like CZcams..
@@bsetdays6784 There is this podcast i was listening to and it said something venturing within your tolerance and risk capacity, see you mention it again got to me. How can i reach this Financial Advisor you are working with?
The FED knows. They aren't committed to attacking inflation. They are going to continue to inflate, stocks and commodities will continue to go up with everything else. You can't just sit on cash waiting for a crash, get your money working for you, start buying in slowly and then gradually increase the pace of buying as the prices continue to drop.
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. Making similar higher passive income as inflation goes higher I graduated into a recession (2009). So I can say i felt the impact of the inflation first hand
Long-term investors know that the market and economy will recover eventually, and investors should be positioned for such a rebound. Personally still going hard on this crazy market and I'm doing just fine. My portfolio currently up 143% right now. I am going to sit back and observe how this all plays out, adding more stocks at a time.
@@Dreekwalton How did you achieve it? I been trying to stick with index funds. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up.
@@msarah6028 Kimberly Jean Heavner is the one who guides me; she's a very sought-after advlser, so I'm not sure whether she's accepting new intakes, but you can try. It wouldn't be appropriate to just Ieave her phone number Iying about, but she does have a webpage you can look at if you googIe her name.
I did check her out, I see why you said she's probably booked up, her creds/resumé is topnotch. I booked a consultation with her regardless.
Major indexes booked their worst yearly performance since 2008 thanks to drivers like the recession, war, hiked interest rate and inflation which so far doesnât seem to be easing off, so Iâm left wondering what 2023 has in store for us investors, Iâve been sitting on over $745K equity from a home sale and Iâm not sure where to go from here, is it a good time to buy or do I wait?.
@Lloyd Bernard There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts
@@louisairvin3052 That's true mate! My portfolio has taken a severe hit, so I could really use their knowledge. Who is the one directing you?
@@Curbalnk
@@louisairvin3052 Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2023 on a woodnote financially.
Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.
yes, transportation, e-commerce among other sectors are expected to experience growth, but who knows, the market has been a basket of surprises.
Such market uncertainties are the reason I donât base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and Iâve scaled up 750k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where youâre looking.
@Craig Daniels Having a counselor is essential for portfolio diversification. My advisor is Melissa Scott Glazner who is easily searchable and has extensive knowledge of the financial markets.
@Craig Daniels Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2023 on a woodnote financially.
Have you seen the latest disposable income report? Itâs worse than it was in the Great Depression
Peter Schiff nailed it!!!
The gov and the people investing money is turning currency to đ©
@@mrleafbeef634 No, only the government spending money causes inflation because it has to be printed from thin air...printing money for something the government wants is like adding hot water to coffee to make more coffee...it just makes money suck and nearly worthless
"The job is not fully done" means "we're not done destroying the dollar"
The purchasing value of dollar is getting destroyed harder than the reichmark and as well turning more like the bolivars
They are just trying to save the rich
i donât see the Fed as destroying the dollar. most of our inflation has been exported to the world over the past decade, but in this instance the helicopter money has brought it home, too, at least for average americans. given the $ is reserve currency, it is very difficult to destroy its value. in the euro dollar market now there is a real shortage of dollars to get collateral.
despite the inflation, the dollar held up against all g7s as the top performer. ask Europeans. I'm sure they say the same thing about the ECB.
âDisinflation is transitoryââŠ.Peterâs quotes are the best. đ
You are amazing Peter. Your talking points were superb! I lived in Argentina through 80s and 90s. I have witnessed unemployment and inflation simultaneously.
Please tell me more, if there is an old Utube link that addresses this ...please send it. Thanks
Didnât yâall have a nationalist in office during 2008 and did decent when every where else was pretty bad ?
America is turning more like the Roman empire and weimar Germany combined!
@@brandonhopkins8222 this been going on way before Bush Obama and others.
same in Romania in the 90's
Recently my wife and I just sold two real estate properties for a total sum of $800k. We plan to purchase a new house next year, but due to market crash, the cash is just sitting in our joint savings account which isn't best for soaring inflation. What do you recommend we do?
buy Multi-Family in your area and collect rent
stocks and commodities are good hedge against inflation, however you need to know what the heck you're doing or better still, seek help from a market coach
@@Curbalnk Agreed, it was way easier for me to navigate the markets not until 2020 stock market crash, I had to source for an invt-coach to revamp my entire portfolio and hedge against inflation. Thus far, Iâve pulled off over $600k with barely $150k, in a space of two and a half years.
@@colleen.odegaard I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them?
@@Shultz4334 Having a counselor is essential for portfolio diversification. My advisor is "HEATHER ANN CHRISTENSEN" who is easily searchable and has extensive knowledge of the financial markets.
Glad to see him getting more than 3 minutes on air. Hopefully he'll get longer segments in the future when his predictions start to become reality.
"If inflation falls too fast..." Only Keynesians could think that inflation could fall too fast. The deflationary spiral is a myth. It's never happened anywhere. Lower prices encourage buying.
Central banking is one of the planks of the communist manifesto. 'nuff said! đ
â ïž
Imagine actually not wanting goods and services to be cheaper and be able to afford more. These people are truly ridiculous. The entire history of human civilization has been about how to make goods cheaper and cheaper.
Amen to that! Central banks aren't in the business of deflation
Right on Peter!
Good job peter. Been listening to you for 5 years now, and your funds are beating the big guys. Hell yea!
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
His two funds mentioned have averaged 1-2% returns over the last 10 years. And has very high fees.
@@kyleinpa5285 you canât reason with Peter Schiff shills. They live in an echo chamber and love underperformance for the sake of âbeing right eventuallyâ on economic calls but insanely wrong as to magnitude and duration, while having no clue how to properly invest
Absolutely terrific segment. Seeing your funds up there on the screen beating everything else is f***ing phenomenal.
Even a blind hog stumbles on an acorn every 10 years!
I kid, I kid!
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
Look up the fees on Peterâs funds. They are terrible.
It's good to hear the truth in this world of lies. ty Peter!
That's what I love about Peter. He's so humble đ
Good job Peter! đđđđđ
Peter SCHIFF Nailed it!! đ
right on PETER
Spot on Peter. You nailed this and have been so right for so long. Youâve been calling this for over a decade. Glad to see these so called experts finally giving you your long overdue credit.
Cheers Peter
What a breath of fresh air, finally someone on this earth tells the truth, thanks Peter.
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
Peter is gold đ
Nice job Peter. I always thought you were on the right track
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
Thank you Sir Peter đđ
I see Schiff and Andy being interviewed by Liz, I click, simple as. Andy is of course wrong on a ton of stuff, but even he gets some things right, and he at least takes Peter's truth-hammer with a smile.
I feel embarrassed for that guy talking bonds. That was awesome Peter. A well done job of mopping the floor.
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
Congratulations on your major not on a major financial show! Great work, Peter! Iâm following your investment advice
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
Thanks Liz and Peter
This was just too good to watch đđŒ
Schiff is spot on! Inflation in the grocery stores is going crazy! A bag of fries cost $6.29, loaf of bread $4.49, milk $4.32, eggs $9.99, frozen pizza is now $9.99, deodorant $5.65. granola bars $5.85. Everyone I know is now buying less or buying the cheap brands.
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
Legendary Peter!!!!!
Many Thanks
They'll pause when they have to bail out a "too big to jail" bank
Great to see the recognition of your fund performance Peter!
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
Give me a break. Look at his fundâs performance over 5-10 years.
Good stuff.
Peter is a voice right now for the little guy right now in this video. He's right!
So why is the stock market going up
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
@@Don-qf4hy stock market isn't reflecting the real economy and a lot of the big name companies have bad net incomes
THE WAIT IS OVER
PETER SCHIFF WAS RIGHT 2023 IS HERE!!!!!!!
I heard a Fed Chairman speak from both sides of his mouth. They already said they were going to 5% and pausing the last meeting. This is where we are going. When the full effect of the rate hikes crush the financial markets, they will cut rates. How many times do we have to see this movie?
you diserve this live recognition. amazing work you and your team have been doing through out the years.
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
Peter, youâre my top one of all, and bye far. Youâre like the Tiger Wood of the finance, so well explain đ„
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
Peter schiff, Jeff berwick, &, Ron Paul top 3 in my opinion.
Good Job Peter. I'm refreshing locals- waiting :D
Friday
I stand corrected đ
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
@@Kennan_Davis I think Peter Schiff's analyses are sound. Timing is almost irrelevant to me. I am not a day trader. I'm in it for the long haul. Admittedly, I had been averaging down for several months as I got in a little early. But, I still feel that his advice is sound. My lone wolf portfolio is up 47% over the last 3 months. I definitely would not like those fees. From what I see, moving forward, those fees will become less relevant. But I do see your point.
@@GameCatenstein if youâre in any Peter Schiff funds your investments have massively underperformed the S&P and QQQ over the last 5, 10, 15 years and will continue to do so. He is a know nothing investor, regardless of his economic calls eventually being right to a degree. B a permabear and scream the sky is falling every single year like Peter Schiff and eventually youâll be âcorrectâ. What does it matter if youâre ârightâ eventually, if your investments massively underperform? Who cares? Peter Schiff âcalledâ the housing bubble burst, meanwhile his funds still performed terribly proving he knows nothing about investing. Gold has done poorly the past 10 years and year after year Peter screams buy gold buy gold buy gold. He was talking about all the inflation was gonna make gold skyrocket, yet gold has done nothing. Gold was getting destroyed all 2022 while inflation was through the roof. Peter Schiff is nothing but a salesman, only fools invest in his funds. If you want to follow Peter Schiffs investing advice, youâll at some point wish you didnât. Youâve been warned
He may have decent takes on what might EVENTUALLY happen (with no clue of magnitude) with regards to economics, but when it comes to investing heâs clueless as a door knob, his funds prove that year after year. And he gives you the privilege to buy such terrible funds at ridiculously high fees. Go figure
Peter is always one step ahead of everyone else
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
Peter schiff is a legend
Go Peter!! GO!!!!
Get ââem Peter!!
How to fix the economy? Stop spending, stop printing. That's all folks
the news love you peter. youre either at the top of the fund performance, or at the bottom, and theyll report on both stories everytime. congratulations.
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
@@Kennan_Davis who asked ken? pretty sure I identified the poor performance too pal. Tldr
The fact they said they need to do MORE tells me this is going to get worse because these people can only make it worse. Doing NOTHING would help more.
GOOD!
Ben Bernanke said the same CRAP back in 2007 and into 2008....look where we ended up! Peter is 100% correct!
Yes government is the problem
No
The headline does sound counterintuitive! That does not go according to the laws of micro and macro economics. But it does for stirring up the base.
I called it neutral. To me he acted like there is some data in the pipeline that will bring the markets down. I think Powell didn't want to be the bad guy this time so he is going to let something someone else do it.
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
The FED's only tool is the digital printing (counterfeiting) press.
Thanks for pointing out who is really to blame, even though everyone already knows, no one believes there lies
Nails it
Schiff is on point!
The GOAT!
You're right Peter...again
The governments ability to print more money is the same as taxation without representation. When they print more, it essentially transfers the value out of the peoples pockets into the governments hands. We already pay taxes, why does the government have the freedom to print more money?
Right on Peter
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
Powell laying some dovish eggs. Housing market getting hot again. The FED is already surrendering to inflationđłïžđ€·đ»ââïžđ€Šđ»đ€Ąđ
Peter proceeds to call a sucker bet to the face of the man who just said he made that bet đđđ
Peter is at it again! I am inspired by his channel. Peter inspires me to continue my own investing channel.
The bot is back. đșđž
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
Oh, boy. When Liz had Peter's funds on the screen, I was looking at Peter, and I could see him thinking the entire time, yeah that's right bitches.
How to invest in your EPDPX and EPIVX funds?
Peter Schiff is magic, why do people do not listen to him?. Peter would make Powell look like a boy.
Peter Schiff was right again â ïž
Where are all the trolls asking how ur funds are performing now, Peter?
God bless Peter and god bless America
Yay
The FED follows the 2yr bond they can say what they want but the 2yr dictates where things go
they have a long way to go before raising interest rates stop ... they have about 9 more rate hikes before inflation slows down.
Why didn't these "tools" work in 2008?
Haha ...they always use that expression ...they "have the tools" like they are mechanics that can fix anything but in reality ...they are useless "pencil pushers"
Peter is El hombre!
Andy is drinking his own Kool-aid.
đđđ
Well said Peter
Peter!!!!!!
what a clown world
Part of a very important coin been talked about in the BCL
Wow Nice! It is the government and more people need to speak up with Peter about this! The Government is out of control and needs to be reigned in!!!!
Congrats to Peter for his funds' performance!
"A lot of economic ignorance " - the same thing we've heard from the FED for decades.
Well Liz has it right. JP seems to be the most straight talking fed chair ever. I have setup a 6 month ladder on treasuries and will buy some 10 year treasuries. Remember the 60/40? I am guessing itâs coming back into style. There are ways to invest cheaper tha Vandard but it takes work, time and study.
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
The guy admitted in from of the whole world that a debt ceiling increase is necessary, so they can repay the previous "investors", if that is not the loudest admission of a ponzi scheme I don't know what is...
Peter is absolutely correct!!! It sounds like Andy has much in stock đ
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
The anchor is trying to finish fast when Peter started talking about Gold đ„
Iâm loving the 4- and 8-week returns on t-bills.
It's easy, Peter Schiff.
Peter I've noticed you've gotten much more polished at knowing when to talk and when to bite your tongue for these network TV shows.
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
If we are only at 3% inflation why is my electric company setting me a notice that my bill is going to go up 10%?
Why are mortgage rates decreasing when the FED is increasing rate?
Could it be that the FED has no control on mortgage interest rates?
Jeff Snider says that the FED has no control over inflation rate.
Never has, never will.
I love Peter telling the truth on TV!
Soon as that guy said bonds was a good place to park money I said self you know exactly what Schiff thinks about that.
Im listening and learning from Peter Schiff and what he says lines up with reality it's very refreshing.
His fund beating everything else after getting destroyed by everyone else for over a decade isnt some big win LOL. How about you check the TOTAL return of his funds vs the S&P and QQQ over the last 5, 10, 15 years? Peter Schiff followers are hilarious to no end
Not to mention the FEES on his funds. Check those fees, thatâs absolutely ridiculous! His funds are garbage. EPDPX Youâre charged a 4.5% fee on the front end and an annual management fee of 1.5%.
EPIVX fees are 4.5% front load and 1.75% annual management fee, with ONLY a 1.52% yield. Meaning your dividend is irrelevant because youâre paying more than that in the annual fee. Those are absurdly high especially for such poor funds. You can buy an S&P 500 ETF and only have a .03% fee, with better returns. Peter Schiff is a TERRIBLE source for investing advice. I only listen to him for economic news/updates, for the guaranteed bear perspective on everything (see both sides to the coin). Anything regarding following his investing advice is a recipe for disaster
Peter sees the long term deal where other economist run blind on a day to day basis.
Markets are in a "Don't Look Up" state. Nothing to see here move along higher. lol