đŽ Gold Breaks $2,500. Kamala Would Send it to the Moon - Ep 975
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- Äas pĆidĂĄn 10. 09. 2024
- Peter discusses the historic rise of gold prices, which closed above $2,500 per ounce for the first time. He contrasts the performance of gold with that of Bitcoin, highlighting gold's significant growth since the start of the century. Peter also explores the underwhelming response of gold mining stocks to gold's record highs and predicts a bullish future for gold prices and mining stocks. Additionally, he critiques potential economic policies of Kamala Harris, cautioning that they may lead to increased inflation. Peter urges listeners to invest in gold, silver, and mining stocks, emphasizing the importance of proactive investment to mitigate inflationary risks.
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Sorry about the video. The internet connection was slow for some reason. One of the downsides of living in Puerto Rico. I've been trying for years to get a fiber connection.
Sounds like the old Schiff Gold website was from the 90s. No shopping cart. Unbelievable
It's ok Peter, you have the voice of an Angel!
Im here to listen not to see. If Russia, China, India are really buying gold to use as currency in the future then gold is low.
One thing we can be sure these countries are not buying virtual coins.
Gold to $1800 chief, filling the gap
If you wear a shirt that is a solid color while on camera, the video compression will work better and the quality will be better despite the internet limitations. Your patterned shirts make video compressors work very hard! :)
People choose to buy gold for various reasons, such as itâs historical role as a store of value and medium of exchange, itâs potential as a hedge against inflation or currency devaluation, and itâs relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you..
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, Iâm grateful my adviserâs moment by moment changes in the market are lightening quick, cos who know how much losses I wouldâve had by now.
I envy you, Iâm still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, Iâm intrigued and I could use some quality guidance
Finding financial advisors like Vivian Jean Wilhelm 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.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call
This is pure gold, I have my money in TSLA and about 17 individual stocks, mostly dividend paying companies as well as a few growth names like Microsoft, Amazon, CrowdStrike and then about 10% in Bitcoin.
Amazing Job well done, I wish i could say the same for myself. How do you go about it?
Although I invest using an advisor I think a great way to handle all of the bumps is to dollar cost average into a well built portfolio. TBH, My Portfolio manager handles it all for me, you should speak with one.
Is there an SCHD alternative that pays monthly? Iâm 54 and just started taking the plunge, I feel so behind
I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with "Jessica Lee Horst" for years and highly recommend her. Look her up to see if she meets your criteria.
I like to give this a try even if my needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it.
As an lnvestment enthusiast, I often wonder how top level investors are able to become millionaires off investing. . Iâve been sitting on over $545K equity from a home sale and Iâm not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
The current state of the market may bring opportunities to increase profits quickly, but professional assistance is required in order to put such a plan into action.
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
My CFA âRachel Sarah Parrishâ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
I don't know if I should be holding or selling at this current market.
If you're not familiar with market investing tactics, you should get advice from a financial counselor.
Yeah, brokerage AdvisoRs could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of investors raking in 6 to 7 digits in a space of months. So, I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and the least I returned was $140k ROI, and this does not include capital gain.
Could you kindly elaborate on the advisor's background and qualifications?
Jenienne Miniter Fagan is the licensed fiduciary I use. Just research the name. Youâd find necessary details to work with a correspondence to set up an appointment.
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.
Me thinketh out of., 146 million podcast channels this is one of........the best!@!?
Thanks mate!!!đđ
@@ChadHarding-dx5ređ€đ«¶
YOU DONT NEED TO BE AN ECONOMICS MAJOR TO REALIZE THAT IF GOVT SETS PRICES COMPANIES WILL STOP SELLING THE GOODS. THIS WILL CREATE MASSIVE SHORTAGES AND STORE CLOSURES.
Yep. Food, if you can find it, will be astronomically expensive
@@gladysover5368 But if grow it, it only takes knowledge and some labor.
I know a good deal of morons, all democrats watching too much ABC, who think all will be great if the government gives all the orders.
@@ace9840 Quit saying good sounding BS. The average American does not know how to grow grass, let alone food. Talk to people and learn stuff.
@@sblijheidnor do they own land or even dollars to do itâŠ
Investing in gold seems like a good move, especially with the current market uncertainty.
Absolutely, gold has consistently proven to be a secure asset during periods of economic uncertainty.
But isn't getting into the gold market a bit tough? I mean, it's quite pricey for the average person to get into it. I've heard stories of people losing money because they didn't grasp the market well.
That's indeed accurate. Currently appears to be an opportune moment for an acquisition. Nonetheless, lacking appropriate guidance can lead to costly mistakes.
That's why I always turn to my financial guru, DESIREE RUTH HOFFMAN, for handling situations like this. She's an expert in the gold and silver markets and gives top-notch advice for smooth sailing.
I've heard of DESIREE RUTH HOFFMAN too, even stumbled upon her on Google... Isn't she recognized for her thorough method in financial planning?
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
Bringing back the old peter Schiff show intro! Hell ya
President Harris will be assuming office on January 20, 2025.
Funny, because I saw it too, but now it's gone from the video.
Many of us listen on the weekends so much thanks for the Friday upload Peter! đ
Harris= The ultimate DEI hiređ
Can't argue that, Biden made it the candidate criteria when choosing vp.
@Amivgr1 = the ultimate racist d head
Anyone under Donold = ultimate sycophant / election denier jail bait
Trump = USA taliban womens rights
đ
I agree with Peter. $2500 will become the new floor. It may take a few weeks or months, but it will be the new floor.
$3000 will be the new floor by Crimbo , well on itâs way to $5000 .
Well $2400 has been the new floor for the Past 8 months now so I would say yeah $2500 isnt much of a Step up... Fact is what people dont realize is that T bills Continue to role over in the TRILLIONS Every week . Just go look up in your broker account how much Debt T bills is offered in the 3 month note. Well over 1 TRILLION... Ive been paying attention to the 3 month for years now and what I see is Each one thats offered continues to rise in offerings . Soon I am sure we will see 100 Billion offerings for each T bill offerings... Right now there are 20 different T bill packages you can purchase in the 3 month offerings.
30T / divided by gold reserves = 10k gold per oz.
I am holding a cash position right now, of about 300k. I know a dip is supposed to be the buying opportunity, so whats the best stocks to dive into, in this recession?
Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money.
Agreed, having a professional can be smart move sometimes. I remember amid covid-19 crash, I really was having investing nightmare prior touching base with an advisor and as of today, I've accrued nearly $1m from a shaky $400k portfolio. No gimmicks!
That's incredible. Could you recommend who you work with? I really could use some help at this moment
Sure, *Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. Youâll find necessary details to work with to set up an appointment.
I curiously searched her names and I found some pretty interesting information. Thanks for this
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
I agree, investing without proper guidance can lead to mistakes and losses. last year. I did so many mistakes but also learned so much from it, If you're new to investing or don't have much time, it's best to get advice from an expert.
Mr. Lee Davis has been my financial advisor for a long time and I must say that he is truly impeccable at he job.
May the good Lord continue to bless you for everything he does.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Lee Davis .
Wow I am surprised Lee Davis is being mentioned here I starting off with 5k ...now with massive portfolio.highly recommended..
Who's this Lee Davis? Looking forward to this opportunity!! Can I also sign up from Ontario
Fix the money fix the world. Gold is the only answer
The key will be the BRICS...as they seek to dethrone the dollar and replace the SWIFT, BISS,
IMF and World Bank systems. But they have the same fiat debt problems, and if
they switch back to gold/silver/commodity money China, the major player
loses its advantage, and thanks to Xi, it's already in serious trouble on all fronts.
Interesting times ...as the WEC tries to kill us all faster.
Thank you Peter†I really enjoy listening to your perspective. Always very informative.
Is Kamala the best this country can do? We're doomed!
Iâm 28 from the UK. I allocated 80% of my pension into a blackrock gold / silver miners fund about a year ago following Peterâs advice. The growth I have seen in the last year on Golds rise, influencing the miners has grown my pension 25% more that than FTSE100 and has set me up so well for larger returns over my lifetime due to building me larger capital at my young age. I just want to say thank you Peter, youâve really positively affected my life. God bless.
The only thing you might want to reconsider is using Blackrock
@@SH-ly1uy unfortunately there aren't many channels to invest in gold mining in many other countries...other than blackrock. Same in most of the Asian countries. Only option is through blackrock.
Bulls and bears make money. Pigs get slaughtered... Stay humble and vigilant
Whatâs the name of the fund
@@noneya7536 Blackrock Gold and General
It is a huge stretch to call CNBC a true financial network. It is a mickey mouse network for people who don't understand finance.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
Wow. I'm a bit perplexed seeing her been mentioned here also Didnât know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states
You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
People are looking at the dollar as if it's a one for one exchange. It takes two dollars today to get the buying power of one dollar from 25 years ago. So, gold being at $2,500 doesn't really mean anything. The value of gold hasn't gone up. The value of the dollar has gone down. For thousands of years the value of gold has been constant when priced in gold.
That suggests that fiat currencies are not a reliable unit of account OR a reliable store of value.
Gold makes no sense. If everything hyperinflates like Zimbabwe đżđŒ.but makes perfect sense if prices of a loaf of bread đ stays constant.
Nice intro Peter.
You are right, it barely got a mention from mainstream financial news - a great sign that there's further juice in the current rally.
Awesome shirt, btw.
Lets see that gold all time high adjusted for inflation
That's an ignorant oxymoron. Gold prices, over time, are a reflection of inflation. A "comparison" of gold prices versus inflation is utterly non-sequitur. (I'm referencing the non-Schiff "price inflation," not monetary inflation)
The actual inflation rate in terms of gold ( lawful money ) can be calculated
by dividing the spot price by the "official price of gold" set in 1974 of $42 and change.
This is way higher than the CPI calculation of 3670% from the 1860 value.
To calculate the rate from 1939, divide 1.67 into 37.90.
The reason prices are not much higher is the efficiencies of production by people
who actually "produce" things.
I'm getting Leprechaun vibes here.
Peter's pitch for gold stocks doesn't make sense. He says they are greatly undervalued, but then he admits many of them missed on earnings due to rising costs. By definition that means they aren't undervalued. The only thing that will make them undervalued is if gold goes up faster than their costs. In that case they will beat on earnings, not miss. This is why I stick to the best of the best. Those that haven't made money @ 2400 gold don't deserve investors
Agreed. I invest in the physical metal; not interested in the stocks.
Right⊠thats why he explained that he thinks gold is going way way higher..
Am I missing your point here?
At some point that won't matter. People will chase everything into a frenzy.
@@liammorgans7329 Yeah. You did.
â@@liammorgans7329Yes. According to Peter's calculation gold has gone up 8x in a short time yet the gold miners are still missing on earnings. That suggest to me that no matter how high gold goes, there is no guarantee most of these companies will ever have windfall profits. Agnico Eagle and Franco Nevada probably will. But a lot of the gold mining sector companies are just poorly run and make bad investments.
TRUTH SPOKEN HERE
GO GOLD & SILVER!!!!!
The only gougers are governments.
Good pont. The government is gouging us with high taxes and inflation.
â@peterschiff small farms like me that sell oranges (beef/chicken in my case) aren't "criminals." But that doesn't mean the government won't call us that in the future.
âââ@@legacyfarmmarket he knows that. We know it(most of us). It was just an example of gov. lies, regulations and where it takes us
Goldbugs for Kamala!!!
Shush there !
Iâm not in the U.S , but i sleep on a bed of Gold and Silver .
The little devil on my shoulder keeps whispering in my ear what you just said !
And Trump. He wonât cut spending either.
Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place........
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
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.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
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
pelosi - "we need to pass the bill so you can find out what's in it" đ what a great intro.
Yeah I remember that "brilliant" line from Pelosi from so-called Obamacare. I can't believe the people running this country!
President Harris will be assuming office on January 20, 2025.
The one certain thing if they pass price control for food, is empty food shelves.
Wern't corporations greedy before? How come they waited until now to jack up prices? đ€Ł
No "topping off" needed in Gold, silver and miners. Already all in. END THE GED. Gold is money.
If I own a grocery and you own a grocery and we get together to fix the price of chocolate ice cream, we are breaking the law. If we convince a government thug to fix the price we are not breaking the law.đ
Thanks Peter! You are so very correct sir!
Nice intro! New record for gold! Thanks Peter. Love your podcasts.
When Nixon put in price controls, companies came out with new products to circumvent the controls.
Gold: Itâs still cheap.
The establishment absolutely depends on people's inability to understand basic economics.đą
Peter, per Obamacare rules, doctors can't increase prices. The government has been ordering them to reduce their prices for more than a decade now, even though their costs are going up like everyone else. There is a reason why the commercialized hospitals use nurses in places where doctors should be.
Where does our money come from is the real question and the answer is the banks.
Banks create money by the very act of lending it out, not just to the govt but to everyone, whether citizens and businesses in the private sector or to the govt in the public sector which then doles it out to military companies or through subsidies. So govt isn't the only one creating inflation - the public is creating it too by the simple act of borrowing money from a bank... which of course they do less of when the interest rates are high. Unlike govt.
Good ol' fractional reserve lending. Inflation is coming at us from all angles.
Peter, thanks for this 'extra' podcast. After gold's record close Friday I really wanted some expert commentary.
Peter nailed it! From calling out the Bitcoin scam over a decade ago, to calling the gold bull ...Peter was right...AGAIN!!!
Peter has always been right! Just the shirt head that run this country have been rigging the price of gold.... This is why it takes so long for gold to really kick in
Yes, exactly, last time I checked bitcoin, it was at 0 ,right?
â@dibyadeepbose4306 put everything you own into that pyramid scheme all you want. At the end of the day the people that bought shitcoin at its top are down over 20%đ it's not the people that got into the pyramid scheme earlier that you have to convince, it's the new suckered that you add to that house of cardsđ€Ł
Lol bitcoin is still up higher then gold on the year to date gains. I own both gold and bitcoin so i support both.
Do you know what Bitcoin was worth in 2014?
Peter is my fundamental adviser
Thanks Peter
It's here Mr. Schiff!! I'm gonna buy so many calls, I might be your neighbor. đ„ł
THEY "rationed" everything during WW2 and the black market went ballistic! Same as during prohibition with booze...
GOLD TIME
It's just about 10x from the low in spring 2001. $255 to $2508 with some longer dated futures at $2550+.
In 1985 my brother made 10 dollars an hour stocking grocery store shelves. He retired last year from stocking shelves and was making 15 dollars an hour. We are in for a big shock. Prices are gonna skyrocket
What the hell man, why did he stay in that line of work? Only making an extra $5/hour over the course of almost...40 years? 12 cent raise per year is what that averages out to.
âHe's different. Paid everything off, and was living on 226 dollars a month until his social security started.â@@Ziegfried82
â@@Ziegfried82Maybe he was happy?
I hope your Brother Saved up some things and Invested because America Is Expensive
@@Ziegfried82 One Thing Works, it can be done for centuries but his skill gab was reached in the first 5 Years so yeah he should have been Promoted somehow
The question is, why are they or want to make all these absurd decisions.
I always knew and believed correctly that governments do not care about their people, everyone has to care and look for their future.
You call them criminals. I call them patriots.
I bought AEM on Peters recommendation and itâs done very well.
Gold hit a high of around $1800 in 2012 itâs gone up almost 40% where else can you get a return like this except in real estate and the stock market .
bitcoin, you dummy lol
Crypto
@@Delirious_Freedom Not When it goes BUST and only THE Top ones give you something back
â@@Delirious_Freedomđđđđđđđđđđ
â@@Delirious_Freedomplease tell us all you have everything you own in some shitcoinsđ the globalist created bitcoin as a trojan horse to get all the useless eaters used to CDBC's
Friendly public service announcement: anyone can grow food; even a renter can grow food hydroponically in an apartment.
Utilize vertical space if you don't have floor space.
Start experimenting with various seeds/foods now, so you know what you're doing when you really really need to.
"You aint gettin no oranges" -- Peter Schiff đ
The trend is our friend
EPGIX...1.14% management fee! Disgrace.
It's lower than the 2% norm of the hedge funds.
â@@jgalt308 It's not a hedge fund doe
@@wanderingdoc5075 No?đ€ŠââReally??????đ€ŠââIs that why they call it a managed fund???????????đ
because if it were a "hedge fund"đthey would also take 20% of the profits, if anyđąso do
you have any unmanaged funds you are recommending?????đ€Łđ€Łđ€Łđ€Łđ€Łđ€Ł
@@jgalt308 Look up the definition of hedge fund
@@jgalt308 I'm 70% real estate equity and 30% cash. I legally don't pay taxes on my income from real estate. And it produces enough cash flow to replace my day job. Until papers assets (funds, stocks, bonds) do both of these I won't invest in them
......I purchased my first gold bars for $800 oz in 2007. The mindset back then was Gold is very expensive. It has gone up 3X since. Peter is right. When Gold goes another 3X and so on, todays price will seem like a bargain.
When everything else hyperinflates you can throw your gold standard out the door..
The P/E ratios and dividends of gold stocks is not that good Peter.
I agree, gold has gone up but earnings have not. Also mines in đ©hole countries might get nationalized. A lot of risk for minimal earnings. I own some royalties, but prefer the physical.
I lol'ed when Peter said we need Govt surpluses.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Wow you give me hope
Am 49..am From norwayâŠ
Please how's that possible, I'm curious
Please how do i go about it, am still a newbie on investment trading and how can I make profit?
Donât be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure youâre investing in great companies. kudos to Sonia
Gold looks like it's going big this year. I really want to profit from it this year. I have about $40k I want to invest. My brain doesn't do very well in understanding these things. How do I go about it?
Don't act on every forecast. It is best you speak with a market expert before making any investment decisions. My two cents.
A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years Iâve had a financial advisor consistently restructure and diversify my portfolio/expenses and Iâve made over $3million in gains⊠might not be a lot but i'm financially secure.
Glad to stumble on this commentary, I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but Iâve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
I just looked this lady up out of curiosity and found her web page easily. Read through her qualifications, which were all very impressive. So I scheduled a call with her.
The love for bitcoin is a indication of how crazy the world has become
It's more I think an indication of desperation, but yes.
Iâm trying to stop swearing so now instead of a cuss word, I say merry Christmas, Kamala
why bitcoin OR gold? why hate one love the other? why not bitcoin AND gold? why not hold BOTH? (along with good stocks w healthy balance sheets ofc)
He talked about that once he just thinks Bitcoin is going down while gold is going up
Bitcoin is stupid. Bitcoin does not exist and is not real.
Because btc is nfg.
Going to prison for buying oranges here đąđđđ
Thatâs terrible! Where are you?
@@andrewjones588 no I mean in the future lol
@@OrbitalSP2 gotcha. I was watching it prerecorded and hadnât made it that far when I saw your comment. đđđ
The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich
I'm celebrating a $30k stock portfolio today.started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
You're correct!! I make a lot of money without relying on the government.Investing in stocks and digital currencies is beneficial at this moment.
I'm 47 and have been looking for ways to besuccessful, please how??
Do you invest with a professional for broker?I'd appreciate it if you show me how to goals bout it
when someone is straight forward and good at what she does best. People will always speak for them. For me I would say give Mrs Andrea Megan a try and you will be happy you did
For the prices of the miners you have to factor in any rise in the price of oil. If oil and gold are rising together then the miners are not going to pop. Petroleum is one of the largest inputs for miners and the price of gold.
44:00 Imagine a world when criminals sell oranges and illegal drugs are common place⊠we canât let that happen.
Governments always tell you manufacturers gougiñg you is theproblem so you don't remember they have overtaxed everyone & over hired bureaucratics that you have to pay for to tell you how overpriced everything is.They never,ever admit they are addicted & underwater! It's always someone elses fault.đ đđź
I love shifty schiff
Peter look at Gold Futures Cup and Handle on the 4-hour frame.
The Radio Show opening!
My vote is for Kamala with that good argument. I want gold to the sky!
That's
.. the wrong idea
@@rolandheinze7182 Im a simple person, hes arguments are to comaplex. So vote for Harris means higher gold price I get that :)
PRICES ARE NO DIFFERENT THAN THEY WERE 30 YEARS AGO. ITS THE DOLLAR THATS WORTH ALOT LESS NOW AND TAKES MORE TO BUY THE SAME THING
@@jimscherer8072 but you can buy certain things for the same price as 10 years ago like guns but a cheeseburger doubled in price
@@jimscherer8072 no, hes right. the purchasing power of the dollar has lost 99%+ . this is why everything is so expensive nowadays. we will be in zimbabwe in no time at this rate
Hi Peter, How can I buy your gold fund in the UK? (I can't find any brokers that sell it)
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems youâve got it all worked out with the firm you work with so i surely wouldnât mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like Monica Lisa Payne 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.
Monica has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
You make me richer. THANKS
I'll be watching until the first ad break.Then I'm out.
Get an ad blocker
Make like a tree and get out of here
@@terrysadlier8456 Its make like a tree and LEAVE đđ€Łđđ€Ł
@@mynamemylastname7179He knows
It's a baaaaaad day for the haters!!! đ€Ł
(FOR THE RECORD) I use to frequent an Italian grocery store with âhigher endâ meats, buffets and prices. THEY DID NOT COMPETE with the familiar supermarketâs. I didnât always like the price but I was happy to pay for the experienceâŠ
Is their a reason yet that precious metals are no longer being manipulated? That's what I'm waiting for.
For the Newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's sad truth. I remember when i just got into crypto back in 2019 but later in 2020 i ended up selling it because i have lost alot trading all by myself without a guide. Got back into crypto early in 2024 with $20k and I'm up with $232k in a short period of time
I'm new to cryptocurrency and i don't understand how it really works. How can someone know the right approach to investing and making good profit from cryptocurrency investments?
As a beginner, what do i need to do? how can i invest, on which platform If you know any please share.
I started working with devion back in February, and my financial goals have been clearer. It's like having a strategic partner for my money with a solid track record.
She is really a good investment advisor. I was privileged to attend some of her seminars. That is how i started my crypto investment
I've seen different people talking about this alice devion she must be very amazing for people to talk this good about her.
Are platinum or palladium also worth looking into for physical investments or just silver and gold? Thank you to all who give their two cents and god bless!
Peter is the GOAT
Agree...what gold stocks are you holding?
hey baby...uhhhhh yeah like
You're the GOAT Abby.đ
Inflation has been a phenomenon all over the world, regardless of whether the government was right wing or left wing.
That's because all world governments shut down businesses and printed money.
Peter, please do more Spaces......more value for listeners especially when you take unscripted, unscreened direct questions from audience.
Spot on Peter. Exact same reasons for inflation inAustralia. And our Reserve Bank is still increasing interest rates to lower inflation caused by the Australian Government. What a joke. Wish you wanted to live here as I would vote Peter Shiff for Prime Ministerđđ
Peter, please don't mix your Schiff Products with your podcasts. Schiff gold schiff sovereign schiff funds... Too much! Self serving conflict of interest! Yuck!
First home grant will only increase housing demand and the price of housing will go up.We have been through this in Australia, bad policy.
On the price gouging, don't agree 100 per cent, maybe have a regulator like our ACCC in Australia that looks into any obvious poor behaviours by companies and keeps them honest without having overreach, a balance.
Thanx Peter! The most undervalued junior gold miner today is Galiano Gold (GAU). Easy 2 to 3 bagger. Downlow co. with no debt & 123 million in cash.
I also say Nasdaq will outperform Gold, silver, ...in the next 20 years.
And the next 10, 5, 2, 1 year as well.
but if it's priced in worth-less USD... who cares???
You will see a brutal crash in the Nasdaq at some point in the next 5-10 years. Maybe if you hold fast for 20 years Nasdaq will outperform gold, but in the shorter term hell no it's gonna get murdered.
â@@Steven-rp8zoExactly. If Gold is priced at worthless USD, who cares.đđ
Love this guy
Gold goes up, gold goes down. See you next week
Gold at 2500, enough said. It's broke out how many times now?
So if price controls are coming is it a bad idea to buy consumer staples as a defensive play?
physical metals are more portable
@@Steven-rp8zo not only portable, but they don't expire the way consumer staples do.
What happened to the market crash that you were talking about a week ago?
I spoke about that. The Bank of Japan rescued the market by calling off future rate hikes. The the U.S. market priced in a near 100% probability of a Sept. rate cut. Those two factors postponed the crash.
What a party pooperđ đ
So a disaster that can be solved by a small japanese government action was not really a thing to cry. No one is saying the path to the market is well paved.
By the way can you show us a chart comparing bitcoin and gold in the last 6 years? You compared it in 3 months time frame that was in your favor.
@@hossainhajimowlana8806 oho you don't want to play that game. Did you already forget the huge crypto crash where bitcoin fell below 20,000 from a peak of 67,000? It's mostly bounced back, but I think that level of volatility is a massive red flag.