🔴 This Canary Didn’t Die of Natural Causes - Ep 956
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- čas přidán 11. 04. 2024
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Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for this. could easily spot her website just after inputting her full name on my browser. She seems really proficient and flexible. she replied my inquiry and we scheduled for a call sometime tomorrow.
The best college professor I never had.
And is completely wrong about Bitcoin and costing his followers massive gains by shilling boomer asset gold.
@@michaelholmes8848 Yes, Because even the Gold Will become Worthless, After the Bitcoin collapses.
@@michaelholmes8848 maybe you need to learn basic economics and stop speculating
@@thewanderingh3rmit299 I am comfortably wealthy on the back of my investment decisions. If I followed Peter’s advice my portfolio would be seriously underperforming, just like Peter’s investment fund.
@@michaelholmes8848gold is money not investment
Thank you so much, Peter. The financial media can’t be that dumb, they are obviously being told to shut up, by the same people who own both parties, who own the media itself, and who fund the media through advertising.
The tiny hats
CRIMEX is working for the idiots in FJBs Goons to slam the Metals to make everyone think all is ok
And own all the central banks, own the imf , Blackrock, vanguard, statestreet, Blackstone, and therefore controlling stake in every public traded corporation, they run the WEF, WHO, military industrial complex, big pharma , and big agriculture
Mainstream Media MAFIA.
Today was an awesome and wild round-trip retracement. WILD !!
Sunday 6pm Eastern time open will be epic !
You gotta love Peter. He's an absolute national treasure.
He's a 🤡
@@kallebaah0ok democrat prove him wrong? Where’s ur evidence?
He is an idiot
In 2013 he told everyone to buy gold instead of bitcoin ,
Bitcoin was trading around 1000$
Imagine you have listened to that idiot
W8 till u meet my morbidly obese uncle cletus
I saw them “tamp down” silver and gold today. I celebrated by purchasing two rolls of 90% Roosevelt dimes. I can’t wait for the Shanghai exchange to open Sunday night.
Dumb
The all time high of silver was 49 bucks on the 70s. Adjusted for inflation silver would need to be well over 100 bucks. I’m sure grand grand children will enjoy selling your silver only to break even lol
@@JeDxDeVu😂
Smart move. You got something. Every little bit counts. Recommend Canadian Maple 1 ounce coins. Coins are about $2 cheaper for the same amount and quality of silver in an SAE. AND...they are recognizable, and trusted.
@@JeDxDeVu I’m wondering what the all time high of your dollars were? Oh yeah….they probably peaked in purchasing power back around 1912 or so. Your grandchildren may enjoy your dollars if wallpaper ever comes back into fashion.
You were great on PBD. I think your comments were clear and enlightening and eye-opening for everyone. Love the many analogies you used to make things simple to understand.
Just awesome.
I laughed out loud when PBD introduced Peter as a big proponent of bitcoin . That was a great show.
Yea and check the comments section and the live feed. Peter got hammered. 😂
What's PBD?
@@neildeakin4454
CZcams podcast Patrick Ben david
@@neildeakin4454Patrick Bet David
Peter Schiff right again! We should make a petition for Paul Krugman to return his Nobel prize and give it to him.
Nober Prize is nowadays a synonym for disgrace. Moreover, there is no such thing as nobel prize in economics.
@@the_real_economics There is Krugman won it on 2008.
Yeah give Pete a Nobel prize for his massively underperforming investment fund.
💩🐽! lol
Peter is better than Krugman any day Krugman is your typical intellectual fool
I heard Costco is selling 200 million in gold monthly recently. So some people are waking up.
Just for fun I ordered 40 oz of silver from Costco a few weeks ago. Pretty easy.
Is it stamped with “Kirkland”? 😂
@@hashimrahman51 Costco online I've seen Pamp 1ozt. "flat" bars...in a standard flat plastic sealed Pamp package.
I got nervous when costco started selling. Makes me wonder what the wef dudes have a in mind
WHERE?! I can't buy it online or in any warehouse I've visited. I want in on that!
Hey Peter. I think you're right about gold going between 10,000 - 20,000 per oz because in 1934 on the standard, gold was 35/oz and that's when the circulating supply of currency really stared taking off. Then off the standard in 1980, gold went to 900 /oz which is almost the exact amount in terms of percentage increase that the circulating currency rose. If the price of gold matched the rise in circulating currency today, it would be around 15,000/oz. The gold reserves have remained the same so there isn't a need to factor in supply increases in gold and if there were, gold ignored those reasons in 1980. I think it would be interesting to mention this on your show as a concrete reason for the rise in gold. Unless I'm wrong, which I would love for someone to tell me why if I am.
Yeah but if we’re all dead by the time it gets there whats the point… taking forever
Nobody trust the gold standard anymore after Nixon. The US will never give away their gold. 34 Trillion debt, that will be all gold reserves😂😂
@@keithbellair9508 it's equalizing already, gold has been climbing as the dollar climbs. That's extremely bullish. Wait until the market sells off when they do decide to cut rates. Everyone will run to gold.
@@stefanonbekend8177 Gold will always be the standard even if it's not officially. That was proven in 1980. Gold is the only real money we have so It will never really lose it's purchasing power.
Edit: The whole reason paper currency was even creating was to exchange it for gold, so you didn't have to carry around gold with you. Coming off the standard is meaningless other than the fact that you can't officially exchange your dollars for gold anymore. The currency was created for gold. Take gold out of the equation and what's left? Nothing, absolutely nothing. That's why gold will always retain it's value in real terms no matter what anyone says. It may take years but 1980 proved it can happen and it will happen again. It's starting to happen already. This is honestly just common sense. If the amount in gold reserves is unchanged but the circulating currency has increased 400x since 1934. Gold needs to be 15,000/oz to get to it's real value. It's not rocket science, it's second grade math.
Gold is a store of wealth. It buys the same today as it did before or will in the future.
Let’s not forget Gold is a Global Tier 1 Asset.
Since 2019
"Maybe the canary died of a heart attack" 🤣You're not only telling the truth, but you tell it in a very funny way, Peter. That's a rare gift.
Much love to Peter and my fellow Schiff-ites. It's been a long, harrowing road for many of us... let's hope and pray that our time to shine is here -- and that society doesn't collapse in the process.
You guys are still not out performing m2 money printing or inflation unless you bought in the last month so I wouldn’t be celebrating
Congrats to all the Gold , silver longs. This is a break out in the metals. Gold $5K + is coming.
And if they need a ride anywhere I'm sure the Bitcoin Lamborghinis would be happy to give the gold bugs a lift.
I’ve been long gold and silver for 20 years. I bought a whole bunch then, I put it in bank deposit box, and I’ve pretty much ignored the market.
Now I’m excited to be part of gold bug, silver stacker community
Silvers all time high was 49 bucks in the 70s and it’s still off. Adjusted for inflation it would need to be over 100 bucks. You guys pat each other on the back for absolutely nothing 😂😂😂
You have no idea how much money you’ve actually lost it’s freighting.
@@JeDxDeVu This is only the start of the major bull market in the metals. 10k gold is not far
Peter at some point last week Joe Kernen was trying to make mention of you in a very roundabout way without saying your name. I got the impression that he is the reason why you haven't been invited back on CNBC. Not sure if you caught that or not.
Wow.. feels amazing to be positioned correctly! Sold principal residence in 2022 after it spiked 55% since owning it in Jan 2021. Bought silver during August 2022 lows and am up 40% on the spread between premiums paid vs. spot today.
86Disab... Me too. Sold my house in 2022 to protect my mining stocks. Buying a house is a lousy investment when you add in all the incidentals, like fire insurance, internet, heat & electrical, and repairs, etc.
Made about 75% return on the purchase price, so I had a nice wad of cash to meet margin calls, and now my stocks are starting to move in the right direction for a change.
Except for the explorers. They are a bit slow getting going. All it will take now is a little help from the outsiders moving into a thin market. I still have a bunch of margin debt, but another 20% rise in my mining stocks should do it, and I can start drawing cash out.
I'm a little overextended, thinking that the stocks would react to the higher gold price more than they did, and I bought many more on credit. Just need a bit of good luck, and I can get rid of the margin debt and get my heart rate back to normal.
It is best not to use margin for mining stocks. Too easy to lose money and dealing with constant margin calls.
I don't think the banks will be able to overpower all the BRICS banks' buying. It will just end up being a one-way trip of western bankers' cash to the BRICS because as soon as the Stupid Westerners pound the price down, the BRICS will drive it right back up. The Keynesians won't get it until they are completely bankrupt.
Real estate will still be 50% more than you sold it for in 5 years. You made a mistake. And if you had fixed debt on that real estate you make a double mistake.
CNBC has to save face. They’re not going to talk about gold and silver.
the best Gold and Silver Comex futures online is on CNBC site under their "GOLD" banner between OIL and FX.
The CNBC updates are very fast and free.
Yes, I totally agree Gold and Silver are anti-CNBC....completely. and CNBC is totally anti-gold and anti-silver, and anti precious metals mining.
When CNBC brings back Peter and maybe John Rubino, or Egon Von Greyerz, Allasdair Macleod, Tom Luongo, Rick Rule, Matthew Piepenburg, Lobo Tiggre, Tavi Costa, Frank Guistra, Pierre Lasonde, ..or Rafi Faber, Mario Innecco (Maneco64).
Then, I would consider trusting CNBC.... otherwise no way...I only watch CNBC for entertainment purposes.
CNBC ignores Gold and Silver the same as Canada sold all their gold and UK in Gordon Brown 1999 or 2000 sold 1/2 their gold during "Brown's Bottom".
Because despite all time highs their still underperforming the m2 money supply. Silver is still way off its high and there are superior assets available. Nobody cares about rocks in a digital age.
They don’t talk about gold because they are told not to. Gold is Gods money the USD is satans money. We already know who’s going to win. 🏅
...or the two publicly held gun stocks (Ruger and Smith& Wesson). I've seen Cramer hang up on callers who even try to mention them, but he'll run off and cheerily opine on Tilray...selling its carcinogenic product left and right and who knows how much of it is ending up in the hands of kids. I don't even think tobacco is covered, as if weed is healthier...myth. BUT, you see, weed is the heart and soul of the Bay Area leftist counter revolution of the 1960s and Haight Asbury. There even used to be U.S. flags out there with a marijuana leaf in the field. But tobacco is a WWII generation thing and guns...well...those are dangerous red state people things that might one day be used to resist "authority;" THEIR authority.
I remember not long ago, gold was at $1900 an ounce. Amazing how fast things can change.
We’be been waiting 4 years for the gold turd to do something and all we got was a lousy $400 gain?
@@keithbellair9508 please sell i will buy all your gold.
I've been buying gold since the seventies. Still I didn't get serious until two years ago when gold was about sixteen hundred. And yes it is amazing how fast things can change.
Gold is finally catching up to everything else from all the covid stimulus. And it's not up because of all that funny money. It's up because of war.
It was 1900 back in 2011, so it has not done much since.
Thank you for your honesty Mr. Schiff. It helps me to position myself in a market that’s hard for me to read
The gold price rise is censored because its rise implies the failure of Uniparty economic policies.
then you might as well give up gold and join the party. If you can't beat 'em, join 'em. I did in 2011, after years waiting for the promised $3,000-$5,000, and wasting the time I needed in SPY where I could've doubled my money in six years.
@@teller121NOW you're told it will 10x just wait out! 😂
@@pausereflect5911 back when it was $1200, and when he was allowed on CNBC still, he predicted $5,000 in five years - after months of cajoling by talking heads to finally put some kind of time frame on this prognostication.
Peter nailed the housing bubble and that was it. His call that Big Ben couldn't ever raise rates or stop QE without collapsing the stock market and revealing all stock gains as ethereal...bogus; that the dollar was a fraud somehow...bogus; that people at the fed are dolts and couldn't hit water if they fell out of a boat...bogus.
Pete's dad got a bum deal from federal govt and he has turned his considerable intellect and enthusiasm to bringing down the federal money system to answer for what the IRS did, requiring his dad to die in a prison over non-violent tax crimes, for which I think the old gent suffered a decade or more of prison. I'd be pissed, too, if I was his son...but it doesn't help the credibility of his predictions.
The trouble with following this advice is that it might satisfy his personal aims of disdain for the govt but it doesn't likely help you retire and find security for your family.
I so enjoy listening to Peter.
"I love goooold. The look of it, the taste of it, the smell of it, the texture" -GOLDMEMBER
Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
I saw you on the PBD podcast Peter. I think it was the best interview you've ever done that I've seen. I credit Patrick for letting you speak, pushing back at times but also giving you a chance to respond fully. I learned a few more new things and I think the panel did as well :) I recommend that people go and watch it.
corp media is funny ... Good on Liz to have a good Guest !
Felt like big bank manipulation today, almost a 4% reversal in a few hours on no news
makes you want to join the power, doesn't it? The kind of power that took hapless gold down like a little girl from a $65 day to -$19. I know people who were having a $22,000 day who lost $10,000. Just brutal. Who needs that abuse...on zero news. paper games were played and everyone panicked as usual and gold was annihilated...just like old times. It's why I got out in 2011.
They can only play that game so long. As China and other economy's leap ahead of the weak America our ability for price controls are slipping away. Other country's are bailing out of their dollars and buying gold. After America froze Russia swift dollars other country's that don't want to be under America's thumb are jumping off of the dollar trane. It won't be long America is no longer a power.
@teller121 that's the goal, the banks don't want a run on gold, they want to scare you off
FZR... you can absolutely count on your conclusion. It's the first thing that I thought of when I looked at the Kitco chart a few hours later.
After it went straight up over all day and then suddenly, it goes almost straight down over the next hour or so for no reason, it was obvious to me that it was a hit.
Haha loved your segment about Squawk Box! I was waiting for them to mention gold that morning too and I was so surprised when they didn’t mention it! Love your show Peter!
It seems so obvious and clear when Peter explains it.
Yes, he is excellent at teaching economics.
This clown is an idiot
Peter is the man. I recommend him to everyone I talk to about this stuff.
I've done some number crunching and found thatthe average house is approx 4x's cheaper in terms of gold today than it was in 1970, and cost per square foot of house is approx 5x's cheaper in terms of gold, and you can buy approx 2 1/2 times as much farmland with gold now vs what you could buy with gold in 1970. I'm just a 36 yr old regular blue collar worker with a couple years of mechanical engineering education and am just now educating myself on econimics. Been listening to Schiff and others like him. I'm wondering if y'all have any thoughts on why land and houses haven't kept up with gold since 1970. The theory behind all this stuff really intrigues me. If Peter has time to share his thoughts, I'd be really interested in his thoughts on it. I wonder if the efficiency gained by modern tools and methods have made building homes so much cheaper? I know gold was constant from 1800 to 1900 while prices of goods, etc went down throughout that 100 yr period because of gains in efficiency made possible by things like the cotton gin, steam engines, etc.
I love the humor almost as much as I love the information. Peter is hilarious when he gets going.
I hope we get to hear Peter's opinion on the Federal Reserve economist who got caught spilling beans to an undercover O'Keefe Media Group reporter.
Up nearly $60 bucks today only to be hammered back to red like I haven't seen in quite awhile.
What a shitty week for gold… back to its old habit.. spend 3 days climbing up only to lose everything in 1 hour on friday.. atleast Buttcoin took a shit too.
shaking out weak hands, we move upwards from here. big money is coming.
@@gregbarnes7247 we hope so but we’ve heard this week hands stuff for 13 years..
@@keithbellair9508 writing is in the wall now. It’s game over for fiat and the USD. Time to load up!
I've never seen a higher interday drop. Not adjusted for inflation.
They are not talking about gold because the Central Bank told them not to!
Dear Mr. Schiff,
I hope this message finds you well. I recently had the pleasure of watching your live stream on CZcams, and I was thoroughly impressed by the depth of knowledge and the clarity of insights you shared. Your ability to explain complex economic concepts in an accessible manner is truly commendable.
The information you provided is particularly valuable at this juncture, and I wanted to extend my sincere gratitude for your efforts in educating the public on such critical matters.
As someone deeply interested in the economic and financial sectors, I have a suggestion for a future video topic that I believe would greatly benefit your audience. Given your expertise, I would be thrilled if you could consider creating a video that delves into the realm of precious metals mining companies, specifically those involved in gold, silver, and other valuable minerals. It would be incredibly useful to hear your insights on the challenges and opportunities within this sector, perhaps including some lesser-known information that only an expert like yourself would have access to.
Thank you once again for your outstanding contribution to public knowledge. I look forward to your future content and hopefully, to a detailed exploration of the precious metals mining industry.
Warm regards
Now that was F- N funny, he says I got nothing to do tonight so maybe ill wash dishes at Howard Johnsons 😂😂😂😂😂😂😂
and his choice of 'Howard Johnsons' made it twice as hilarious 🤣 are they still around even?
Thanks Peter for all the positive Gold news!
Peter Schiff is usually right about the prognosis but not necessarily the FED's treatment. Because the financiers and rentiers will always find a way to kick the can down the road while privatising the profits and socialising the losses.
Remember the fed tells you the canary is just taking a nap
The price of the newspapers went up 130% when the producing costs went down due to technological progres in 10 years time.
Been waiting for this podcast
Great walk through mate. Looks like made some clever changes especially that outside awning and molle at the front
Excellent Peter!
In the realm of finance, Peter, your insights do shine,
Grateful for the knowledge you've lent to our line.
the goat!!! love you peter. watched this 2 times on spotify
Thank you so much, Peter.
Gracias, Pedro!
Peter, call me paranoid, but I think the government and the commercial banks might still have some last resort price rigging techniques in their arsenal.
I hope so.
Not without spooking the bond market, causing yields to skyrocket. The only thing in their “arsenal” is money printing. Think about. What technique have the central banks used other than money printing. If you know of one, let me know. The problem is when inflation takes off, central banks become impotent. All they can do is let rates rise. Remember history. What did the central banks do in the 1970s? The let rates rise to 20 percent.
Gold and inflation is taking off. And there is nothing central banks can do to stop it. The only thing in their “arsenal” is money printing. There is no other technique that they have, and if they do, they will spook the bond market causing yields to rise further. When inflation takes off, central banks become impotent. All they can do is let rates rise. Remember history. What did the central banks do in the 1970s? They let rates rise to 20 percent.
Based on the way CPI was measured in 1990, ShadowStats measured the rate of inflation at 7.8% !!
Thanx mr. Schiff. U r absolutely great.
God Bless you Peter !!!
I watched Peter's recent CZcams panel sessions. The other members of the panel looked like deer in the head lights.
you nailed it Peter! the US dollar is nothing more than the most beautiful house on a street of condemned houses 😆
The reason CNBC doesn't talk about gold is because they have no one competent to talk about it.
more like they can't/won't have any one competent talk about it.
I'm truly happy for Peter...cheers buddy!
Not only is Peter Schiff is correct, but he's also entertaining...
Insightful review
Here in Australia the media treats inflation like voldemort, he who shall not be named, instead all the mainstream media says 'cost of living' or 'cost of living crisis' there's no such thing in economics but they don't want to risk educating the public. The cats already out of the bag for educated Australians.
Second point, if central banks are holding rates where they are, if debt and deficit spending continues with rates not moving, that's a rate cut in real terms, so they're cutting rates now in real terms, in nominal terms the rates aren't moving. Nominal terms is where all the funny business goes on.
Third point there is more talk about the crisis with the Japanese Yen which if it falls past 158 will collapse past 200 and that would send consumer and producer prices in Japan soaring 25% nearly overnight, then imagine the inflation reads in Japan you're nearing to hyperinflation at that point because how long will it stay at 200 not long I bet.
Fourth point, look at macro everythings going wrong, there's no guarantee there's even going to be a banking system if we reach the ultimate crisis point and you could survive the initial World War 3 and be living in a world where your bank no longer exists and you need to protect your wealth.
Fifth point golds taken out the all time record high in Australian dollars, in the 7 days since the last Peter Schiff podcast its gone up $239.40 AUD, silver still hasn't taken out the record high, which means that's still cheap and its gone up $4.97 roughly since the last podcast.
Sixth point don't discount a global equity market crash, central banks can no longer be trusted and that means the global financial system has officially entered uncharted territory. If you look what they're doing they're buying gold and refusing to hike rates. Yea hold Australian dollars in that environment, I got a bridge to sell you. It just turns to funny money like monopoly.
Peter, you’re the BEST, and by FAR. Thanks
I've always felt the government was lying to me, and you just put my feelings into words.
I can listen to this guy talk all day! Keep going man
Peter schiff is a legend
Thank you 🙏
Great show! Thanks, Peter.
So true, the US sells off the gold and silver contracts and then the Asian markets buy them up at a discount.
Peter I think you should mention that just this January the Basil 3 rules changed and allow banks to use physical in hand gold as the only other tier 1 asset besides U S treasury bonds. Love your podcast, bought NEM
This morning was incredible. Every precious metal up. Gold banging out new record highs every 5 minutes, not stopping. Every base metal up. Oil up 3% on the day! Live dollar destruction in real time. Until it all of a sudden stopped and everything reversed, as if by magic.
Exactly why I am skeptical of mining stocks, can't beat the house at their own game
SATANIC MAGIC, and we know who those people are--the usual suspects.
@@bobsaggett9678 same applies to gold, my friend. It's absolutely hopeless. It's ALL their game. Gold price can be destroyed by paper games at the whim of unrighteous people. Why bother. Exist in their system. use the remaining time to get to know God and this will all be over anyway in a flash.
@teller121 the difference is gold and silver can be taken out of the system. Fuck off with the it's hopeless shit
@@teller121 u sure about that
You were the only one talking on the pbd podcast. Idk, a little listening would be good too. I still love all the info you got .
Thanks Peter 👍
Tanks a lot...❤
Not all hero's wear capes . Thank you Peter
I do like ”Birdies”!
And a Lot! 😎🇫🇮
Great podcast. Many thanks Peter.
Speaking of eraser, FOX is not showing Gold and Silver more and more every day
17:05 Thank you, sir. I did buy gold below $2,000 based on information from you and others. THANK YOU!
Thank you very much...
So, holding physical gold has a lot of caveats. 1. Did you really buy gold? (Have you seen how good they are getting at counterfeiting gold coins and bars lately?) 2. Where and how are you going to store it? 3. What are you going to do, when someone finds out you have gold? Throughout history, those who have had gold, need considerable firepower to defend and keep it. If you think like a criminal, you can easily think of ways of getting someone to open their gold safe, or reveal their gold hoarding spot... One favorite is abducting your loved one(s), then slowly cutting off their fingers (while you watch) until you surrender and give it up. Don't cringe, this method remains popular through most of South America where gold hoarding is a thing. You see, as soon as you bring in an ounce or two - to convert into something you can barter with, a giant glow in the dark target is then painted on your back! Those guys, you know the ones - who hoarded guns - instead of gold, can do something very powerful you can't do... give out the extra guns and create a private army (or navy) for themselves. Think pirates... For this reason and many others, going with something like the ETF called GLD might be a far safer route in the long run. Not perfect, but not terrible.
Silver went from 28.05 to 29.77 then back to 28.12
Why did gold and especially silver lose all their massive gains today? At one point silver was up $2.20AUD which is the biggest daily move I've ever seen.........then it crashes and closes at MINUS $0.44AUD. WTF???
@@michalsavatar7 MANIPULATION
No conspiracy theories needed, the crash came from Iran war bets failing.
Oh yay, Gold is up 20 percent, we can all retire...
I saw the podcast. Good to see you on their channel Peter.
He really mic dropped all of them haha it was pretty telling watching Pat Bet David be humbled
Great video
Peter!!!! Please address professor Steve Hanke’s (John’s Hopkins) position on “No Inflation”!!
Gold and silver got their teeth kicked in today, just when I thought they had broken their chains of corrupt economic bondage. Wrong.
of course, we know who does this every time to guffaw at the goy
Never happen. I gave up in 2011. Been paper ever since and allowed me to retire at 54. The six yrs in gold was a waste of time, while the same six yrs returned 100% return in SPY. All I had to do was leave it alone but I was under the stupid impression that debt, integrity, history meant something. I learned. I saw today's charade and realized a bunch of people like I used to be were having their dreams and plans crushed and thought I'd drop in and hear a guy I used to waste my time listening to and reading all those years ago. These kind of reversals are designed to teach gold holders a lesson: the lesson is that even when the truth about inflated stocks comes out, don't turn to gold...turn instead to OUR DOLLAR, thereby keeping you in their system. The lesson today (through knocked out teeth and blood everywhere) is that the haven STILL is the U.S. dollar and not moribund, obsolete, inconvenient gold and its retarded little cousin, silver. Give it up, folks. I decided I didn't want the abuse anymore. You can make the transition, too. It's all ego. Just let go and join the power. What you saw happened to gold and silver? THAT...was power.
@@teller121damn
@@teller121 We may lose every battle but the last one.
@@teller121 your mindset represents many in North America. Unfortunately the rest of the world strongly disagrees as they stack gold and silver at an epic and feverish pace. But you are correct about the corruption on display in the gold and silver market. Fridays gold and silver sell off to cover a bunch of short sellers is becoming predictably yawn worthy but still frustrating. Bottom line and something extremely important to remember is this simple example……3 years ago I payed $2525 Canadian dollars for a 1 ounce gold buffalo, today that same gold buffalo is $3500 Canadian dollars. Silver has done nothing in those 3 years but I’m not sure they can keep it down for much longer. Clearly they can’t fully control gold as it pushes higher at a pretty steady pace. I’m just a simple farmer and a carpenter so the I intricate tactics of the manipulators is above my pay grade. But I can assure u of this, we grow and produce lots of food, if someone comes to our farm to buy food with silver or gold we can do a deal and they will leave very happy with lots of food. Gold and silver as a universal medium of exchange will never stop, they are in fact rock solid money.
Total plunge protection team manipulation of precious metals. There running scared
The 'seasonly adjusted' part is funny.. what a bunch of weapons 😂
Gold is the canary in the silver mine
Peter is still one of our best resources.
I love your shows Peter, you make so much common sense when you discuss topics regarding Gold and the economy of the🇺🇸.
Silver and platinum are still close to their AISC including extraordinary expenses+other expenses, compared to gold. I think we will suffer lower prices for all PMs for a few weeks and then a stronger bull market will resume it's course, probably in the summer months. Real interest rates have been flat or negative for a long time and PMs price are set to explode again.
Lately i got interested in financial market but have no idea on how to go about it. How does it work please..
seek professionals support not some very cool and semi-knowledgeable guy on CZcams. Personally, I gather information on CZcams but verify with Stacey Macken . If it doesn't align with her report, I avoid getting involved. This way i've been able to save a lot of money while making a lot of money..
Stacey Macken is ahead of the curve, many have not realized this yet.!
I made a lot from last week, a vision of the effective signals alone assured me of the turnovers. all thanks to Stacey Macken
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week....
I think she must be very good with crypto because she has been recommended by many CZcamsrs to learn how to trade with her.
We have all been waiting a long time for this moment. I think we truly have confirmation now. Its time to load up on gold and silver miners and get onboard the train! Peter I think its your turn to become the Gold Michael Saylor! I think you will do a much better job at it.
Peter has been telling everyone to load up for years, and you think now is finally time? Shame on you.
you must've missed the last five market hours. And it's not through going down. The lesson was driven home today to cocky, jubilant bugs: "if we don't get to party, you don't either. This is OUR game." If this kind of relentless climb can be that thoroughly and suddenly destroyed, with no change in news from the news that moments before sufficed to send gold toward $2450, the paper boys can do this every time just like they've been doing for almost a generation. I've seen this pattern play out over and over from 2007 onward. The forces that caused your golden waterfall at about 11:00 a.m. yesterday? THAT is the power you want to be on the same side of, not obsolete, moribund gold. Lesson driven home today and I predict gold headed way down now. Mission accomplished. The discouragement seed has been planted. Masterful, frankly. And you have to admire them.
Real power? Real power is whatever is behind the valuing of the S&P500. Nothing will be allowed to challenge it or hinder it for long. It measures the power of the dollar system and it gets presidents reelected and keeps the masses with torches and pitchforks to stay home at night and watch Netflix. I'm convinced that whatever that force is is the most powerful non-divine force on this earth. That power is all but supernatural and nothing, especially the dollar's barometer (gold), is going to be allowed to alert the masses that all isn't right. Like they say everyday over and over on CNBC: whaddya buying. They don't even have a conception of defeat.
@@geraldhowse8597 for what, shame on me for what? stupid!
Great job on @PBDPodcast
If the excess demand is coming from Asia then it seems more indicative of their economies than that of the US. In China their houses are getting hammered on price so where do they put their cash? Gold.
If US citizens get into Gold then it really will skyrocket. My guess next year once Bidens 7T deficit is embedded.
31:14 good thing I have my old math textbook from high school next to me just to keep up with these calculations.
The Philosopher's Stone. In 1980, gold was successfully made by a team of scientists at the Lawrence Berkeley National Laboratory in Berkeley, California.
Nuclear chemists Glenn T. Seaborg, David J.
Morrissey and Walter D. Loveland used a high energy nuclear particle accelerator known as the Bevalac which transformed the metal bismuth into gold. The process is known as
"Chrysopoeia".
Take that to the bank Peter.
It's no accident the mainstream media doesn't cover this.
Gotta say that if you want to know what is going on right now in financial markets, the global economy and politics you need to be listening to Peter Schiff.
The Best!!!
We don't talk about Bruno (Gold)!
- CNBC
If the amount in gold reserves is unchanged but the circulating currency has increased 400x since 1934. Gold needs to be 15,000/oz to get to it's real value. It's not rocket science, it's second grade math.
Nobody knows what is going to happen. My guess is that it won't be good.