🔴 Inflation Is Strong, Not the Economy - Ep 919
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- čas přidán 19. 09. 2023
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I have lived in China proper and Taipei before that for decades. I rely on your show and Ron Paul's for my news! Thanks for keeping me up to date.
Same. Also Dave Smith.
With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?
Indeed, you are correct! Economic downturns offer numerous prospects for ordinary individuals to create wealth from the ground up. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a portfolio-coach seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to outperform. Netted over $800k in return on investment, since using a coach for about a year.
@@trane85 Please who’s this Financial advisor that guides you?
My Financial adviser is ‘’Colleen Rose Mccaffery’’ she’s highly qualified and experienced in the financial market. She is considered an expert in the field. 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
thanks for sharing this, I googled the lady you mentioned and after going through her resume, I can tell she's a pro. I wrote her and I'm waiting on her reply
I just re-watched this podcast. There is so much comedic gold layered into almost all your sentences. I have noticed this for years with this podcast and your TV appearances. You really bring some light to the darkness. I appreciate this and please keep the podcasts and top notch humor rolling. Comedic gold--you wouldn't have it any other way!
In the past 2 months my internet, 2 streaming services, cell phone, amazon prime, and health insurance all announcements price increases. Let the good times roll!
Thanks Peter , you take complicated issues and make them easy to understand
.
I agree.
Thank you Peter, you’re r doing us such a great service with your knowledge and analysis
Video looks much improved over what it was; can’t wait for true 4K Schiff!
With a rate decision coming off fresh inflation data that showed an uptick in prices for the second month in a row. As well, the automakers strike, yet my portfolio keeps dwindling. How do I take advantage of the market to save my declining portfolio
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.
That’s true, Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, , and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
The investment-advisor that guides me is *Alicia Estela Cabouli* she popular and has quite a following, so it shouldn't be a hassle to find her, just search her
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. I just scheduled a call.
“Whoever controls the volume of money in our country is absolute master of all
industry and commerce...when you realize that the entire system is very easily
controlled, one way or another, by a few powerful men at the top, you will not
have to be told how periods of inflation and depression originate.”
James Garfield, 20th US President, assassinated 1881
Peter Schiff your awesome thanks for your generosity God Bless You 🙏🏼
Peter Schiff has been spot on for the last 15 years.
I follow his macroviews and avoid anything he says about gold.
@@ykhov Why’s that?
@@SaschaEdererWhen the governments default on the national debts, gold go down.
"Peter Schiff has been spot on for the last 15 years."
He actually has been despite your sarcasm. He has called out the markets malinvestment at every turn and positioned accordingly, while at the same time alerting his viewers to do the same, which has helped a lot of us see through the obfuscations and outright lies of the financial media and crypto pumpers. Just because the big crash he's been predicting hasn't happened yet doesn't mean the distortions aren't there, they absolutely are and are growing enormously every single trading day.
My only criticism of him, if you can even call it that, is that he doesn't seem to have figured out a way to profit big from the distortions WHILE they're happening. His only solution seems to be to position himself in order to profit from when the distortions forcefullly unwind themselves, causing me to seek further guidance elsewhere. Peter isn't a broken clock. His analysis of our dire situation is spot on. His analysis of crypto is spot on. You would do well to heed his warnings.
@@stefanonbekend8177 Why? I'm a noob when it comes to economics.
1080p looks good, peter.!!!!!!!!
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio
You’re right! The current market might give opportunities to maximize profi.t, but in order to execute such effective transactions, you must be a skilled practitioner.
I'm sure the idea of a coach might sound generic or controversial to a few, but new study by investopedia found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $500k from an initially stagnant reserve of $150K all within 14months
that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you
credits to Mrs Marisol Cordova one of the best portfolio manager;s out there. she;s well known, you should look her up.
Thank you for this amazing tip. Verified her, wrote her and scheduled a Phone call. She seems Proficient.
Thank you
Peter can you talk more about the 1970s and what exactly Volcker did other than raising interest rates - i.e liquidity? I heard it mentioned on a podcast but they didn;t really explain it.
Thank you very much...
Same story today. When markets go up Mining stocks go down and when market goes down, mining stocks go down 3x..
FANTASTIC podcast Peter, as usual
Awesome episode Mr. Schiff!
My advisor has been watching you since the 90s. We enjoy you!
You got to love Peter Schiff..."we have no clue what we are doing...we are throwing darts here...we are putting a positive spin"
Love Peter!
Great video!
Magical thinking! That explains a lot.
Really great podcast. Thanks. Very funny also.
So Vivek Ramaswamy wants you as the FED chair. Could anyone imagine the first FED meeting?! The minutes would be hilarious.
Peter Schiff as Fed Chair would be scary times for the Fed. He'd clean it up, but it would take the rest of his life to do it.
Hearing Peter talk about how the public should have no confidence in the fed was so funny
I am not sure I see the humor, care to share?
Schiff breaks things down so simply and beautifully that he in a way humiliates the Fed and government for being so easily exposed. That is the humor in it, even though the subject matter is not altogether something normally to laugh about. Peter is just trying to bring a little light to the matters at hand and uses humor to do so. That is is my opinion. If you really listen to him, he is arguably one of the greatest economists and an amazing entertainer.
Great Show 👍
Great show as always
another banger podcast !!!! bravo !!!
Always entertaining and on point, Peter. You truly are the man! Thanks for the podcast. I can't wait to see you track this crazy economy. You really do take all the chaos and convert it into very clear, simple explanations for the lay people like myself.
Yes
Peter Peter Peter I don't understand why you're not able to get into the press conference to call these things out. It boggles my mind. Steal some press credentials and get in there and ask the tough questions we all need to hear
😮 *dang* ,That's spending over $11B /day !! 😅 (1Tril of debt in 90 days)
Pretty funny I had good laugh with the coin being the one with the problem!!
I’m not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
investors need to understand where and how to allocate funds to hedge against inflation and still make profits. or you can just seek help from a professional
With the help of an investment advisor, I was able to diversify my $550K portfolio across multiple markets, and the second quarter, I was able to earn over $350K in net profit.
I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?
The investment-advisor that guides me is *Sharon Louise Count* she popular and has quite a following, so it shouldn't be a hassle to find her, just search her
This recommendation is timely! I conducted an online search with her name and set up an appointment with her on her website. Thanks
4K or 1080, it's always good to see your mug Peter my friend.
Recessions usually happen within 2 q's of the pause. 10Y seems to be filling the gap down from GFC.
"Front running" is why the Inverted Yield Curve is so accurate for predicting recession.
The high-level insiders know information that will lead to a recession.
They move their money out of short-term bonds, which raises the bond yields, and into long-term bonds, which lowers the bond yields.
The FED is merely following, not leading, where the real money is going.
i bought your book crash proof 2.0 and how an economy grows..still reading on second book..its very mind blowing..and if people don't realise like me well they are too late maybe..
Great work Peter!
Keep up you spectacular work, Peter🎉
Great analysis! The FUD in the crypto market is shaping a dynamic investing landscape. Remember, every moment is an opportunity. As we navigate these bullish trends, let's focus on growth. Even future market shifts are chances for growth. However, the real opportunities lie in trading. I've seen this firsthand, turning 1.5 BTC into over 9 BTC in just 6 weeks with insights from Tammy Brockman. Consider trading over hodling for a future that's more certain. Stay positive and seize the day!
Wow. I'm a bit perplexed seeing Tammy Brockman been mentioned here also. Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
Hey - I've been hearing about Tammy for a long time now. Started during the pandemic and I've heard of how accurate her signals is.. I really do appreciate hearing your advice and feel that it is genuine
Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon
Tammy have been my backbone for about a month now. They’ve earned me many proflts.
I never believed that i could make profit from bitcoin trading until i came in contact with Tammy .
You called it
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.
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.
In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor, requires guidance at some stage.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $850k.
*@carlawale2544* Please tell me how can I connect to your advisor. My funds are being murdered by inflation, therefore I'm looking for a more profitable investing strategy to put them to work.
Do your homework and choose one that has strategies to help your portfolio grow consistently and steadily. ‘’Camille Alicia Garcia” is responsible for the success of my portfolio, and I believe she possesses the qualifications and expertise to meet your goals.
Would it be correct to assume that the capital flight from China is placing inflationary pressure on our capital markets?
1080 is all you need just quality 1080, this looks great.
Just an honest point of inquiry: if the "savings rate" is falling, does that take into account folks moving to money market accounts, etc, to capture higher interest rates that way?
Fantastic question. I'm shocked I didn't think of this.
That's a good point, I took all my money out of savings and put it in physical gold so technically to the bank I'm insolvent hahs
That’s a good point, though 99% of people I know or have ever met don’t realise what’s going on and wouldn’t even know how to buy bonds, most don’t even invest
@@MrAnderson3What will happen with your gold when the goverment default on the national debt???
@@stefanonbekend8177 what will happen to your money in the bank in that event?
Ok Peter - but why are gold stocks falling well below the gold price?
Because of distortion in the market, because said gold companies probably know their commodity is worth a lot more than current prices, so are selling the bare minimum to stay afloat while patiently awaiting an enormous future pay day, because most market participants are retarded. Take your pick. What Peter is telling you todo will ultimately pay off huge to those who are patient.
If you want to safely profit from the distortions you need a trading strategy that is much more difficult to execute than what Peter is proposing. But one thing is certain. Sooner or later, the mainstream investment strategy of eagerly listening to what the fed will do and trading overvalued stocks based on it, will cause massive losses. Its just a matter of time.
The manakin is doing a great job and my saying so raised my social score 100 points.
Thank you Mr Schiff 👍
Peter Schiff. The man. The myth. The legend!
It’s a shame that the Euro Pacific Capital Gold fund expense ratio is almost 2%. My capital will be zero by the time Peter’s predictions play out.
Yeah, he’s right on a few things but completely wrong on gold. Because of China buying up so much gold, the IMF needs to keep gold prices low. We are never going to see the surge in gold prices he pushes.
Love the Peter Schiff radio show! No one has so thoroughly and expertly dismantled the Bitcoin hoax more than Peter Schiff. BUY GOLD!
Are you an idiot? In what world is Gold better than bitcoin? It's 1300% HIGHER Than Gold. Gold is GARBAGE. Peter is a MORON. For FIFTEEN STRAIGHT YEARS- Peter Sh-thead has been WRONG about EVERYHING! He is the worst person in history!
At least peter schiff dares to admit he dont know whats going on with china gold market that gold price in china is higher then global gold market. Many people will bluff the way through and peter schiff did not. Respect peter schiff for that.
I believe I can fly... lol..
The charade must go on… Janet and Powell don’t want to be in charge when things blow up… Kick the van down the road until there is no can left.
Cut spending to where we have a Budget Surplus this year is how much we need to cut. Also cut the Money Supply by a lot.
Yup
Inflation is still far higher than the Fed's 2% target, several of the most prominent market analysts have been expressing their views on how terrible they believe the next downturn will be and how far stocks may have to fall. I need advice on what investments to make because I'm attempting to create a portfolio for my children that will at least be $850k in value.
The market has gone berserk! regardless of experience level, everyone needs a sort of coach at some point to thrive forward.
true, A lot of folks downplay the role of a professional until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license a professional and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
@@laszlolee How can I contact your Asset-coach as my portfolio is dwindling?
@@melissawehner I'm been guided by "Susan Bauer Normansell," who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
@@laszlolee Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
1080 good enough Peter! Lol
Fed/Powell pressers are a waste of time. Nothing but confusion, double speak and gargantuan lies not to mention the sophomoric, softball questions from the "reporters".
Good summary!
What has to happen, to make inflation go down
The price of oil going up makings a lottt of prices go up everything made or moved with oil
Peter, perhaps with your connections, you can find one of the journalists that goes to the Feds press conference and give them several questions to ask. They would get a news worthy quote and you would finally get to ask your questions. Obviously, they would need to be coached on how to deal with Powell dodging the question.
Then that journalist would never be allowed back to a Fed news conference. This is how the system controls the press, fear
Peter, it's really frustrating to see all my accounts with Euro Pacific have lost so much. I own ASA, EPASX and EPGFX. I've been following you for a long time. I follow Austrian Economics and understand your point of view. But it is very hard to not see any gains in years. I'm starting to think that the markets will never change their views.
No one can afford normal things regardless of the interest rates right now. Prices have been out of control before the rate increases and has only gotten worse.
Have you noticed the increase in "accidents" to our supply chain?
Hi. Picture good, but sound very low.
Try it again; CZcams might have misencoded the feed you saw. Apart from a few glitches the voice sounds fine to me.
I have to chime in on inflation. I work in a grocery store and it amazes me. How many companies hide inflation in reducing the amount of product in their items? It amazes me how much downsizing is going on. And not talked about cost of the same, but you getplease please respond, Peter.
It’s been known for a long time and most people realize it. There’s even a term for it. “Shrinkflation”
Understood about 4K; I have same issue, but I am not buying a new computer. Technology is a pain in the a$$.
Peter is Rico Suave. Look'n sharp with all the gold.
1080 is perfectly fine.
Kool
PMs are underpriced compared to RE. Remember, RE shot up > 40% in the past two years while gold lagged. Will the PMs catch up? Inflation is still raging from what I can see locally. Also the "official core" is still way too high. I am preparing the best I can ... learning to make Bug Burgers.
Today as usual euro Pacific funds fell more than market. They fall when market goes up and fall more when market goes down
Ummm. Did you listen to Powell? He did not say that about a soft landing. He said it’s not the baseline case and he wouldn’t expect it
Jerome Powell if inflation is caused by consumer anticipation they why the need to raise rates in order to fight inflation?
NEW BOOM MIC AS WELL -
with (on paper) real yields fairly positive, precious metals/miners price appreciation will be held in check for the next several months. We have yet to reach the unsustainable rate of interest to service the debt. The game changer will/could be: 1) fed drives us into a strong recession 2) government runs huge deficits (spend) to backfill the recession. This would outstrip the modest QT the fed is conducting. Peter is thematically correct, but his comments over these many years have been difficult to make money on a sustainable basis. Just buy some gold on dips and hold it to soften the volatility of your non gold portfolio. dont expect explosive upward moves in the price...
That should say don't Traders have the same access to the information that Powell has
As usual, a brilliant expose on the current state of the economy. Thank you.
4K ha - know how much compression there is going out into the internet?
When to buy real estate, that's what I need to know. Thank you Peter!!
This is what I see happening with single family homes. Rates will start coming down next year and as soon as they hit below 5%, all the sidelined buyers will jump into the market and home prices are going to surge. Next year is going to be great for sellers and bad for buyers
Rates are coming down next year?
Hi peter was checking your channel every 3 hours or so. I was getting worried, man. Love you Bro 😢❤
Dollar needs to stay higher
The dollar is way to high , its what’s causing the inflation!
Monday September 25th, how is the dollar going up and gold down after china just cashed in 10% of its US bonds
Thanks for all your videos!
GDXJ and Barrick Gold are in my opinion good investments that will rise 5x. I'm not a financial advisor...
gdxu also the triple leveraged . its goes crazy when gold goes and goes crazy when gold goes down . But great price atm.
Interesting that the uk housing market is dipping, while the US market soars.
Yeah, the UK market is doing what it should for once in a down turn, but there will be a floor soon. The government and woke are importing 600,000 migrants a year by design to ensure the BS merry go round continues at the expense of building a proper economy. No one cares and even less understand any of it.
For now... the US housing market is teetering on a cliff. Demand for houses is cut by more than half since the rate hikes began and is at historic lows. All it would take for prices to jump off the cliff is a little nudge. A little uptick in supply. A catalyst, perhaps in the form of unexpected layoffs, unprofitable Airbnb sales, underwater property selling by the Blackstones and Blackrocks of the world, or even just a simple realization by market participants that at present rates/prices nobody can afford the payments and they start adjusting prices down in order to match the new reality.
Don't worry, the "soaring" you see in our market is a mirage.
@@xokelis0015not worried, I want the market to drop so I can buy a house, prices here still 10x + my earnings. A drop of another 20% is needed. US homeowners have fixed mortgages which means that they are insulated from the interest rate changes.
As soon as they drop interest rates it's going to be the same old story..........Tech stocks will fly to new highs and gold will get a little bump followed by a big dump. Time and time again we have all watched this happen over the last few years.
This my friends is a textbook example of "recency bias"...
I’m so tired of the word Trillion. This much fuss was also made when the figures hit a billion…. yet we are all still here a lifetime on.
Billions or Trillions don't really matter. It's the debt to GDP that matters. If the debt becomes unsustainable, then the money printing will go insane. Hello Venezuela.
@@walden6272 or China.. or Japan
@@79bull Those two are the creditors, we are the debtors. lol
@@walden6272 no not at all
Peter, when are you going to pin down Michael Saylor for a debate?😂🎉
It blow my mind that people need a debate to figure out that crypto is a Ponzi scheme. All you have to do is realize is that the token that contains the hash that says that you own however many bitcoin or ethereum or whatever, has no real world use case, so it physically cannot store value and you will realize it is intrinsically worthless.
Inflation & strong retail sales means they are still printing money at record rates.
Whens the next pod?
You just let me handle the tech stuff Peter and you can handle the funds.
How can i get comercial free broadcast while listening your talk show? I paid to the youtube already for comercial free. thanks.
Peter, Peter, Peter...
Maybe Powell is as much of a mushroom as we are…emperor’s new clothes…one or the other?
He has special knowledge, he got the secret message in the artichoke 😅