🔴 Everyday Is April Fools' Day for Most Investors - Ep 954
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- เผยแพร่เมื่อ 31 มี.ค. 2024
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On the horse back riding each ride was about 90 minutes to 2 hours, not the total of both rides combined. Also gold's 40 rise was on Thursday, Not Friday. The market was closed on Good Friday.
Yee haw ….😂
I am a funded futures trader. I trade only the NDX futures market, specifically the June contract. We spiked 130 points Sunday night on the PCE report from Friday morning..You're witnessing delayed fuse reactions..which is expected. You're not wrong on Gold..but you're wrong on the $ rising with it. They are rising fir different reasons. One is a real inflation hedge (gold) but the DXY is a hedge for global governments to inflate their own currencies while having something to pay for that debt.
Peter what is the new floor for gold? 🚨
@@MichaelJohnson-Stated $2k
Get the SPAM under control Peter!
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FinanciaI-PIanner Rebecca Mart-Watson (in fuII).
l’m amazed to partake on this, lt has rekindled the fire to my goals.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
I just googled her 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 caII.
WTF are these scam bot threads. I see them on all your youtube videos Peter, you should delete them.
@@Pamela.jess.245 SCAM..................
This bots are ridiculous
There seems to be skepticism amongst investors regarding the Fed's plan as for me, I find myself at a crossroads, uncertain whether to invest $150k into my stock portfolio. I'm seeking advice on the best strategy to capitalize on this current market.
I suggest you diversify into alternative investments that could benefit from the liquidity-driven market conditions. Or better contact an expert to help Taylor your portfolio
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Nicole Desiree Simon is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her a message. I hope she gets back to me soon.
A troll in the chat replay says "gold up 5% in 20 years", actually in Australian dollars golds up 524.34% in 20 years. Silvers up 255.19% in Australian dollars over the same period.
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights ❤️❤️
Schiff is Satoshi.
Been saying that since day 1
Gold IS MONEY!
Nah bruh, internet tokens created in 2008 are the future of money. To the moon!🚀🚀🚀
@@johndoe1.196For your sake, I hope you’re right. Sounds like your heavily invested. Good luck!
No fairy tulip bitdust allowed here.
Gold is a dead rock in a dark basement. It's stupid, inefficient, and slow.
@@webcomber Lol it is in whatever electronics you are using to watch youtube and comment
Peter Schiff - the only person in media who says it like it is.
One of a minority, certainly.
Yep, don't buy Bitcoin at $1 because it's a tulip bubble.
I agree with Peter on inflation, and everything else he says, but I do have a difference of opinion on Bitcoin and the US dollar. But, that doesn’t mean Peter is being disingenuous. Everyone has an opinion. However, most commentators bluntly lie and you know they don’t believe what they are saying. Example - Harry Debt and Cathy Wood believe there is deflation. And Ray Dalio thinks a catastrophe is 2.5 years away. They are lying and they know it.
I believe the US dollar will be very strong because everyone else is just as badly in debt as the US. I also believe cryp (bitcoin) will be going up very high because of inflation. However, I agree with Peter on everything else.
@@webcomber
I agree with Peter on inflation, and everything else he says, but I do have a difference of opinion on Bitcoin and the US dollar. But, that doesn’t mean Peter is being disingenuous. Everyone has an opinion. However, most commentators bluntly lie and you know they don’t believe what they are saying. Example - Harry Debt and Cathy Wood believe there is deflation. And Ray Dalio thinks a catastrophe is 2.5 years away. They are lying and they know it.
I believe the US dollar will be very strong because everyone else is just as badly in debt as the US. I also believe cryp (bitcoin) will be going up very high because of inflation. However, I agree with Peter on everything else.
I agree with Peter on inflation, and everything else he says, but I do have a difference of opinion on Bitcoin and the US dollar. But, that doesn’t mean Peter is being disingenuous. Everyone has an opinion. However, most commentators bluntly lie and you know they don’t believe what they are saying. Example - Harry Debt and Cathy Wood believe there is deflation. And Ray Dalio thinks a catastrophe is 2.5 years away. They are lying and they know it.
I believe the US dollar will be very strong because everyone else is just as badly in debt as the US. I also believe cryp (bitcoin) will be going up very high because of inflation. However, I agree with Peter on everything else.
2% inflation for 15 years is 30% inflation. That’s BEST case.
I think it's closer to 35% due to the compounding year over year, but could be wrong.
Yep.
We all know that’s not the real rate of inflation
And then you begin to wonder how the volatility of the inflation could be contained so succinctly and robotically when the price of goods not measured in CPI or measured misguidedly, like OER, are sure to continue to outpace "core".
There's a number of things wrong with your statement.. for one you don't understand compound interest, another is you trust the cpi numbers.
The golden rule: whoever owns the gold makes the rules
Unless somebody has power of the legal currency press. Then there king.
Then why did Goldmember lose to Austin Powers?
I wish that was also the case for silver.
@@Discovery2024-rn8kn US millitary brought Goldfinger some freedom.
@@Topspotstopsilver will always be working man’s money; believe it.
Peter is right. He was always. They will ignore the warning and they are doomed.
Schiff rocks !
Sniff socks 😀
SSSCHIIIFFFFFYYYY!! 🐐🐐
GOLD at $2280 with DXY at 104...and no rate cut yet....Imagine what happens when DXY tanks and rate cuts take place.
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Exactly. Gold at $2260 is still very cheap.
@@jjwatt5126idk about you but I couldn’t buy an ounce of gold if I had 2 months to save.
No cuts
@@cuzmariosaidso how do they pay the bills then? they cant afford to keep the lights on at 0%.
Bitcon's intrinsic value is the billions spent on advertising to pump it.
Lol succinctly put
Yeah it's definitely owned by people that don't know shit about cryptocurrency😅😅😅 it's slow its clunky it's expensive there's no privacy😅 you can't put a smart contract on the blockchain it's owned by Institutional Investor morons😅 eventually people will catch on in Bitcoin will go to zero. Nobody accepts Bitcoin on the dark web😮 that is the beginning and end of all truth😮 what good is a cryptocurrency if nobody takes it
Oh, there is still people believing in intrinsic value! Schiff, in fact, does not. It only uses it when he needs to validate gold, with its a non-existent case of industrial usage. Other than that, Schiff’s narrative against USD is absolutely founded on the non existence of the intrinsic value.
Peasant
Correct, the intrinsic value of crap coin is NEGATIVE 20 billion dollars.
They don’t talk about gold because they can’t control it digitally. There is no real value in bitcoin, especially if you can not connect to the internet. People don’t think about that, it blows my mind 🤯 if the SHTF and no one had the ability to connect to their wallets they’d be SOL😂
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Peter is the best, always love listening to him
No, he talks shit. Has been for years. Biggest (Cry) Wolf on the internet since early 2000s. Do your research into who he is and what he's been claiming for many years.
Gold is not rising, the dollar is falling.
Not lately. It's been hanging out at 104 on the DXY.
Dollar has broken out of a wedge against other fiats. Gold is winning the race against all currencies.
@@randalnelson1820 True, but the dollar is still the cleanest dirty shirt.
the dollar is flat against bitcoin now .... 66k and change, another 5 percent FAIL !!!
@@johndoe1.196 Your measuring the dollar against other currencies. All currencies are falling in value, so yes the dollar is holding value against those. In actuality of what your dollar is worth and what you can buy it's dropping.
Peter, I bought gold today for the first time, I feel amazing 🎉, I'm on the right side of the history ❤
Keep it close to Your Heart.
It is like medicine, It helps You staying healthy!
Physical Gold of course.
It has been used for curing Reuma (in Swedish) (like Arthritis, pain in joints) as well.
Gold injections in to People’s Knees for example. 😎🇫🇮
Thank you Peter Schiff , always listening .
Happy B'DAY Bronco Petey. "Old man look at my life, I'm a lot like you were"
Great tune
Banana prices going up @ traders joes after never being increased is all you need to know that inflation is not going down……
I just paid $8.25 for a loaf of asiago cheese sourdough bread, unbelievable!
I haven’t been able to afford to make tacos in about 4 years.
I’ll never own a home, or retire. I’m barely paying rent and feeding my family making 100k a year. My only hope is we collapse.
I feel bad for my kids. Everyone’s kids actually.
My brother in Christ, rebalance your budget. I make 50k and live comfortably. Something is wrong here.
How are you going to be better off with a collapse? Prices of essentials would escalate
You want to go live in a smaller town/city. You'll earn 50% of the amount but housing is less than half the cost and you'll pay less tax. Run the numbers.
Trim the fat, do you want something? Or do you NEED that something??
Boy am I glad I put 50k in metals and 25k in schiffs fund before the dollar takes a huge poopie.
It's wise to diversify.
I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.
Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however, I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.
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 1.8million.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
I just googled her 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 caII.
Bot scam thread!
In the last 34 days golds gone up $368 Australian dollars per ounce.
Hey! Thanks for joining!! Do well to get in touch For more exclusive insights ❤️❤️
I love Peter's ability to distill grand themes into digestible segments, which are comparatively easier to absorb by the layperson.
CNBC said gold was going up because it's cheaper to hold it. Interest rates supposedly going down makes gold going up. They should have mentioned the trillions of dollars floating around.
What do they mean by "cheaper to hold it" ?
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.
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.
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
Best line ever "what Powell should do is keep his mouth shut" 😅
Peter Keeps hitting home run after homerun! I am monitoring the Bitcoin COLLAPSE, down 7% in only one day! BUY GOLD!
The fake space program
Yeah....ok.
No man ever landed on the moon. The US government lied outright about the moon landings, the proof is easy enough: never went back since the early 1970s. I could go into all the inconsistencies but why bother when the most direct approach is the most effective? The US claims to have lost all the documentation for the rockets/equipment/telemetry data too. They lost the info for the most important scientific/exploration event in human history haha. But there are millions upon millions that still believe this lie. It's even causing a level of derangement where people think we can colonize Mars (Elon Musk LOL!!!).
🤦🤦🤦🤦
NASA:
We would go back to the moon but we lost that technology.
@@irishgamedog1511 they probably scrubbed the tech
This is why I watch Nobody Special Finance 6:00 AM daily. He is NOT CNBC. 😂😅😮❤
A good daily show. No BS.
Amazing channel
🍉🍉
Love Jack!!
CNBC used to completely torch bitcoin...made fun of it relentlessly. Now they realize that many watch CNBC just to track bitcoin.
Thank you Peter!.. up up up we go
Finally!!
I was waiting for his update too. 😂
Inflation-adjusted all time high in gold is $2650 approx … here we come!
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Gold price in 1913 (Federal Reserve created) was $20.47 per oz.
Recently, the price blew through $2047.oo
Federal Reserve notes have lost 99% since 1913 (111 years).
The next 99% loss will happen much faster. 😊
note:
The Feral Reserve is not Federal & has no Reserves.
It's been an "April Fools decade" for mining stock shareholders'.
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You don’t get paid by owning stock. You get paid by owning the gold. He who owns the gold makes the rules
Peter's time to shine! Peter was one of several people that convinced me back in the 2015-2017 period to start accumulating physical gold. I've got a nice stash in my safe, averaged in at about $1300/oz. Haven't bought any additional for several years, just holding, and glad of it! By the way Peter, I watch CNBC a lot during the day too. I will say I do hear them mention the price of gold from time to time, but I agree with you, it always seems to be reluctantly, and they never attempt to analyze the reason for the movement to new highs. I always take CNBC with a grain of salt (prefer Bloomberg by far). Look forward to your future Podcasts Peter! Jeff S.
should have bought BTC then $300-$1000 in that timeframe Now 68K
@@jimsuzlimu yeah, 20/20 hindsight. I'm just not a believer in crypto. I like solid, beautiful gold in hand! haha
Peter is back!! Yay… glad to be able to catch your podcast again
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Just don't end your Mexican trip in a duffle bag.
lol!
This guy literally said he met with one of the most crooked ex presidents of Mexico Vicente Fox and called him a good guy.....that is almost the equivalent of being in illegal business and cartel related
1n 1974, you need about 18oz of gold to buy a medium range Honda Civic. In 2024, it is about 12oz of gold.
Excellent show Peter Schiff 😊
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Great stuff, Peter. Keep up the good work!
Thanx mr. Schifff. U have opened a great deal our eyes regarding past events and economy.
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 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.
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.?
she's mostly on Telegrams, using the user name
The golden rule is literally anything is better than US dollars.
Excellent podcast.
About time Peter !!
Look at baker hughes rig count there is an oversupply and they cut rig count to firm up price
Love ❤️ your side comment...We are a Republic and not a democracy! 🎉 If only more citizens were aware and understood the difference!
Thank you Peter
Thank you for pod casting while on vacation.
Couple weeks ago I was with some work friends and asked, man, you guys seen the price of gold lately? They chuckled and one said ‘you’re the only one who cares about gold’ 😂
Peter, if you want the price of gold to go up, you should take a break. Now that you are back, expect the price of gold to go down!
Not only is gold communicating a federal mistake. The Bond yields are as well and so is the recent ISM economic data. Fed is about to cut into economic expansion and send inflation soaring again. Infact, the fed doesn't even need to cut. The bond market has already done that for the fed, after they have communicated they are cutting. Bond yields have dropped enough to stimulate the economy. Yields need to be more restrictive to finish this last leg of inflation. Powell is clueless and completely lost.
The market always shows who is boss.
Shut up ! He has a degree from Harvord in such things !
There’s a lot of people with degrees and don’t know Jack sh**! They’re just slaves to the lender that suckered them into getting that degree!!
Great video Peter!
Took till ~6:20 before Peter mentioned gold. Europe last year for weeks now back from Mexico. He's a great entertainer. Can’t wait to see back on CNBC.
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Great video Mr.schiff.
They don't like silver or oil either. The stock market is being propped up with AI, social media, crypto, chips, cheetos and playing cards. Meanwhile the companies that actually manufacture things of value are in the toilet. That is the message I am paying attention to.
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Preach Peter, preach!!!!!
Peter the GOAT
Thank you for the brilliantly clearly expressed insight.
I don’t understand how US dollar would fall against Canadian Australian dollar pound rupee etc when those economies also have extraordinary debt, just as bad or worse than USA. Can someone explain.
Mexico City? I thought that was dangerous. I was expecting to hear:
"I flew in, someone offered sweetly to take my luggage, thank you; it was the cartel, but the ransom was cheap, $100, and they took the bags to my room; very nice."
What if the market is currently pricing in the news of rate cuts only to sell the fact later on?
If that's the case, we very well may end up retracing all the way back down to 2000.00 by election time...
I buy St Barbara and Fresnillo now, so please dont buy until i have my share.😂
Thank you very much...
You just answered your question the public is more informed and are putting 2 and 2 together
Heey, a title I love from Peter.
that's some truly suave theme music Peter !
The Schiff 🤠
The Connecticut Cowboy 🤠
More likely to lasso a gold bar and ride the market than ride a horse 🐴
Good show brother
yep
But is the rise in the goldprice not also a manifestation of inflation?
Put trust in food,water, shelter. and happiness.
How about putting trust in the Sacred Heart of Jesus and the Immaculate Heart of Mary first. Then second be prudent and get all the things you talked about.😊
What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market. Oxymoron or paradox? I'm considering investing over $300k, but I'm uncertain about risk mitigation strategies.
Invest in real estate, ETFs and high-yield savings account.
Just buy Gold and protect your assets, the stock market is a rollercoaster.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds.
Great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time
"Heather Ann Christensen" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
Silver is pumping now. I am incredibly excited!
Gold will never fold
Peter talks aense. Interest rates are not restrictive, inflation is rising, and next fed meeting QT will will be reduced which equates to QE and boom time gold/BTC
📞📞📞📞
Listen to Microstrategy 2024 abundance presentation. Then apply detailed critique to that you tube. That would be a nice video to listen to
Meanwhile Bitcoin is in the toilet and the great flushing has just begun. Great video as always Peter!
the overnight and Asia action has been fantastic, like the early 2000's.
Sunday night gold and silver action are exciting again.
Thank you❗ 👍 💪 👏👏👏
Gold is money everything else is credit
The future is uncertain, but you can prepare
☝Gold Platinum ratio 2,49🤑
📞📞📞📞
If Bitcoin holders are smart, they should take a chunck of their profits and buy gold and silver!
All of their profits before it’s too late
Did you forget that this a Presidential election year Peter? Yes the Fed will do everything possible to help the incumbent by lowering interest rates and stimulate demand !! 😊
Thanks Peter. I like Mexico City too. According to Robert Prechter's guys at Elliott Wave, Gold has a lot more upside. Of course there will be some pullbacks.
Hi Peter,
In the 1999’s CD interest rates use to be 14.75% for a 36 month.
Now For gold, people are way to late to the party! It’s because people are missing out buying? 😮😂
It's all fucked we're at the end of the fiat bull shit
08:42 In Pomp We Trust💯🤣🤣🤣🤣
Wish i had more money to buy 🌙
So why, given your connection between the price of gold and inflation, is gold going up every time interest rates are decreased by the Fed?
Silver grabbing Golds coat tail...own both.
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Heritage Foundation gave zero points to US fiscal health and I can't find a word about it anywhere. I hope, Mr Schiff analizes this fact someday.
Peter, don’t complain about MSM not paying attention 😀there is no bull market as strong as a stealth bull 😀
I hope u are not jinxing it 😀😀
Thanks Peter. I’m making a decent profit with my REAL MONEY - gold and silver
You might be missing the point. Gold will have to triple in value to show an actual profit relative to what it can buy. It's still doing catch-up.
The unusual price action further shows how it's usually manipulated. The price is probably being forced up because CB and other large physical deliveries are having a big impact.
If interest rates go up, the government will only be paying more interest and add more cash into the economy, which would create more inflation.
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We are so back
📞📞📞📞
📞📞📞📞
Greenspan said people in democracy wanted QE. I don’t recall a vote taken.