🔴 Will There Be an Emergency Rate Cut to Avert a Crash? - 972
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It's quite simple why rates are climbing with rising imports and falling exports, the FED is obviously to be blamed for banking crisis. Something will eventually break if they keep the quantitative tightening and higher interest rates. Is this really a good time to have some savings in stocks?
first austerity, then brexit, now widespread bank failures. always do your own research & speak to a license advisor before thinking about putting your money into these crazy markets .
Exactly, most youtubers said the market would be fine few months back, but it's been a major downturn. Luckily, since the rona-outbreak in 2020, I've avoided the drawback of trial and error by simply following professional guidance. I'm semi-retd and work only 7.5 hours weekly, with nearly $1m ROI after subsequent investments to date.
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
My CFA Carol Vivian Constable , 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.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her
My wife is already panicking, so many questions! will the rate cut lead to inflation? I'm very worried about my $1million stock portfolio losing value. Do i move to 100% cash? What strategies should I be employing in my portfolio right now?
This is the what people that handle their portfolio themselves go through. I will advice you get yourself some professional advisor to help you redistribute assets in your portfolio.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds.
At 56, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my advisor.
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
“ Sophia Maurine Lanting is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her She seems proficient considering her resume.
Rate cuts was suppose to commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.
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 $750k.
I'm pleased I found this conversation. If you're comfortable with it, could you share how I can get in touch with the advisor you rely on for your investments?
My CFA ’Melissa Terri Swayne’ , 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.
Thanks for this. I curiously searched for her full name and her website came first. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.
Navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position
No doubt, getting proper financial advice is invaluable, my portfolio is well-matched for every season of the market and just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, though this could take another year.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
My CFA ’Annette Christine Conte’ , 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.
Rate cuts commenced in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.
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.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
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.
I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?
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
I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with?
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I wake up Saturday in Europe, have a coffee and Peter's podcast is waiting for me. Thanks!
Sweet saturday ahead ☕️
@@MacroAnarchy hope so
😂😂😂 stop Peter it’s all about timing when buying Bitcoin if you understand the 4 year cycles. I think Lummis bill has a decent chance of passing in 2025 is when the vote will happen by then maybe you’ll be close to being forced to learn about Bitcoin 😂
They’re following the 2 year yield plain and simple Peter 😂 they always lag the 2 year
Wow, another rate cut? Just when I thought my emergency fund of 234k was safely sitting pretty, now I'm tempted to dive into the inves tment pool. But where do I even start? Anyone else feeling the itch to make their money work harder?
navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
At first, the U. S. went broke slowly. Then, all of a sudden.
Ah stop it, emerging markets are falling even harder! Contrary what PS has been advising
We were broke for decades
How can you get broke if you can print money out of thin air? That can't happen!
@@ZelenoJabkoUnited States are the best looking horse in the glue factory.
_"Slowly.... then All at Once."_
😜
*Larry Burkett's book on "Giving and Tithing" drew me closer to God and helped my spirituality. 2020 was a year I literally lived it. I cashed in my life savings and gave it all away. My total giving amounted to 40,000 dollars. Everyone thought I was delusional. Today, 1 receive 85,000 dollars every two months. I have a property in Calabasas, CA, and travel a lot. God has promoted me more than once and opened doors for me to live beyond my dreams. God kept to his promises to and for me*
There's wonder working power in following Kingdom principles on giving and tithing. Hallelujah!
But then, how do you get all that in that period of time? What is it you do please, mind sharing?
It is the digital market. That's been the secret to this wealth transfer. A lot of folks in the US and abroad are getting so much from it, God has been good to my household Thank you Jesus
Big thanks to Ms. Susan Jane Christy❤️✨💯May God bless Christy Fiore services,she have changed thousands of lives globally
How can I start this digital market, any guidelines and how can I reach out to her?
Thank you Peter
It’s absolutely ridiculous to what extent government officials would go just to pat themselves on the back and “prove” how invaluable their existence is with no actual regard for the damage they cause to the people they are supposedly protecting.
Wouldn’t it ultimately fall on the individual who was irresponsible enough to trust liars and not protect himself?
@@kruelunusual6242 You are both correct
Biden and Harris are blaming Trump for the economy today😅
Trump is the one to print all that money for covid unemployment
Puppets blaming another puppet
It's the uhhh.... lag effect bruh 😂😂
@@donotreportmebro these trumptards have become unbearable. Just like flat earthers.
These idiots will blame everyone but themselves, and if Joe had dropped the Presidency, Kamala will blame him!!!
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
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 or you could hire a financial expert.
Yeah, financial 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 folks gaining over 250k just in a matter of weeks/couple 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 I return at least $30k ROI, and this does not include capital gain.
Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
My CFA ’Rachel Sarah Parrish’ , 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.
Recession! Crash! Inflation! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I into as a newbie to safely grow my money.
It’s best if you buy growth/blue-chip/large caps stocks only. Also, as a newbie its advisable you work with an investment advisor to help set up a well-structured portfolio.
I was self managing but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary financial advisor. By restructuring and diversifying my $620k portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 30%.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you
My CFA ’’Jessica Lee Horst, 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.
Thank you for sharing, I must say, Jessica appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
You're energetic weekly presentations are must-watch in my household. Your take on all things economic and political are so sensible yet largely falls on deaf ears and thus we're heading over-the-cliff at breakneck speed. Human psychology stays the same over the millennia, even as technology progresses. Oh well. It is rather entertaining, I must admit.
Try G. Edward Griffen
Entertaining for you. Depressing for others.
Feels nice to see Peter smiling in a long time 😂
Being right for the very first time in 15 years feels good
Poor guy has been through a lot in recent years with the defamation case and other nonsense. It's nice to see him joyous 😊❤
Like him or not (I love him), Peter is our brother because God said everyone is your brother, everyone your sister. We are one ☦️
@@donotreportmebrohe was right in 2018 and 2020 and recently with inflation . Not bad for 6 years
@@Travis12861 3 is better than twice 🤪…😂😂😂😂😂😂
Peter the 🐐 of economics is back
These scams in the comment section are getting more advanced
The markets are irascible. I've got two silver fifty cent pieces and I doubled my money after I chopped them in half with a hacksaw.....thanks to Francis Melatonin.
It's in difficult financial times like these that it is important to know how to navigate in the hazardous waters of the international money market. Luckily I have been able to get an eye-wateringly scrumptious R.O.I. of 6.000 percent on my holdings of African coconut tree leaves, thanks to my special key account manager Tairy Hesticles.
😂😂😂😂😂@@doubleuponbob3397
@@rockymntain 🤣
dude right like what in the living F is going on lol. all these random names and when you actually look them up a bunch of websites pop up and even the SEC lol. how are they pulling this off
Peter, but Powell said 2 days ago that this time is different! And that Yield Curve doesn’t apply anymore !
They ate it ? Hahahaha
That yield curve doesn’t lie, unlike Jerome.
I believe everything what JP says😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Both idiots
Bitcoin and eth still strong
This guy has a god given ability to throw the reasoning message to us in easy terms. The least we HAVE to do is to pass it forward
I agree. I’m truly trying everyday to tell people what is happening. Since then I’ve lost 95%+ of my “friends” as they cannot handle the truth. I’ve never seen a world that can’t actually handle the truth ever in my life. This is disturbing how much faith people have in the media
He is way too wordy.... 😮
Unfortunately Peter sound reasoning doesn't translate to real investment returns. Great economist, terrible money manager
Woke up from a coma and my wife told me grandma Yellen lied.
I pray you're on the mend, if you were comatose for a while and you're not joking around. If you are joking, it is funny.
underrated comment
d'fuck? lol
I misread that as Janet yellen died. I started to google it and thought you lied. lol.
@@papertrader3269 Wishful thinking
No because crash is intentional for CBDC subjugation where all assets will be converted into digital assets for centralized control.
brilliant
Bingo!
Bitcoin
BTC strategic reserve and stable coins will be the way. Gold will bleed to BTC.
Bingo!
We’re all screwed
There is always opportunity... we just have to find it.
Move your cash to gold, silver and platinum. Let those who trust the fake money be screwed.
I agree
Us being here at least gives us a chance to be a whole lotta less screwed than most
uvxy and uvix
“We’re not even thinking about thinking about raising rates” was 49 months ago.
So what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! will the rate cut next month lead to inflation? I'm very worried about my $1million stock portfolio losing value. It lost 20 % this week.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
True, my portfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a financial advisor. Following the guidance of this CFA, my portfolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portfolio accordingly.
pls how can I reach this pro, there's bloodbath on my portolio. I really need some help rn
Her name is ‘Victoria Louisa Saylor’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Wow, her track record looks really good from what I found online.i just filled the form and scheduled for a call. Thanks to you
Good luck with your case you deserve justice for the loss of your bank
Please ask Peter when his Europac Bank customers will get back their funds (?). We are waiting since 2 years - when the bank has been dissolved. Now we're left since many months without information.
Hey Peter! I switched to Mint Mobile 3 months ago. So far so good! $202.46 all in for an entire yr of service 100% thanks!
Thank you Peter.
Excellent as always
After watching the rest of your podcast, I have to give you mad-props. Standing your ground with IRS nonsense and other political nonsense is horsesh!t. The US govt (my govt) is spending more than $3MMM more than taking in. This is only possible with derivatives.
This will not end well. Keep stacking folks.
That's right brothaa...
When you understand why Peter stands his ground, then you will understand what is going on
Uhhh ohh early release you know this will be epic
My pension fund does not offer physical gold or even physical gold ETFs, and I have not yet setup self-custody.. I reallocated out of growth tech stock funds the pension fund offers into cash (100% cash allocation) last week before this recent correction of NQ. Good timing. Had I not switched to cash, I'd have lost money.
Tech is Messed up it can up fast but also down like these days rather stick to Value Stocks with good Companies
My prep is as follows, no debt, no extremely nice things that people would want to steal. Spread money around between investments, assets, and cash.
Thanks for clarification Peter. you are such a smart man!!!
I am sure everything will be back to normal by September
Some could argue that now is a good opportunity to buy quality stocks at a discount price
Don't you think the market is too volatile to be making any accurate predictions right now
You just have to do your research, I too think this is for a short while
My CFA and I have already decided that it would be best to observe the market for now, see what happens by September
Hi. I have been on the lookout for a CFA, can I get any recommendations
Peter you really are a true financial wizard! You are so far ahead of the curve with everything you say.
I love you Peter. Not in a homosexual way. But in a national treasure sort of way.
Everyone should like this post and thumbs up. Peter actually turned me onto economics a long time ago and my research has only made me smarter, more productive and wealthier.
Peter made it interesting. He made me want to learn more like Mike Malony and Jim Rickards + Jim Roger's, Harry Dent is fun to listen to and many others I found because of Peter. Nomi, QI and Kitco all came about in my life due to Peter. I was also federal law enforcement internal affairs so I know for a fact he got screwed by the IRS over his bank.
It's amazing to me to realize how brainwashed most traditional investors are regarding gold. Most think that 5% of their portfolio in gold is risky. What a scream people are. They prefer bonds.
More like 100% Gold
100% silver
100% COMMODITIES
ALL OF IT, PACK THAT PORTFOLIO SO IT WONT EVEN CLOSE...lol
Heavy on the Metals..😂
@@WhiteManXRPThat’s 300%. Apparently most gold bugs failed math.
Peter we have an inverted yield curve, when the feds cut rates the markets will crash.
You are making your father proud Mr. Schiff.
His father was a criminal and a cheat. Just like his son. Peter Schiff has been screaming market collapse and dollar collapse for 2 decades and still hasn’t happened. If you’ve listened to Schiff you’ve underperformed across all asset classes. So congrats on being another TH-cam idiot.
with you 90% of the time! AWESOME!
Everything was rosy on Wednesday when the Fed OMC met. Then, Friday and the jobs’ report
1 trillion seconds = 31,000 years
Wow that puts it in perspective
and?
peter I am big fan but seriously, you have been negative for 15 years so getting a 3% correction is not exactly getting it right... need a little self awareness on that... but you are a soldier for liberty so I listen and support you for getting the morality right
Exactly!
Yes! Well there was the tech wreck. Massive correction in 2022 - some companies corrected by 50-60%.
I’m glad I didn’t take his advice on Bitcoin a decade ago. My failure to sell my gold for bitcoin back then “cost” me millions, but then again the bitcoin roller coaster up was easier to manage because my gold went up very slowly and rarely went down.
People with self awareness get barely any views on TH-cam
You are missing one thing or not understanding it... He isnt Negative more as he just tells the MATH TRUTH... He doesnt give Time lines he just calls out what will eventually happen... Every SCAM Comes to an end but nobody can give an exact date as to when because New suckers are born every day statement... Commodities are the only REAL MONEY And Our World will have to go back to them once the SCAM Of Fiat is all but done... All The Heads are fearing it but do they really care since they are all dead man walking anyways ? Seriously they are all 70 plus and most all the suits have Millions of dollars so how much you think they really care ? Buy Gold and Silver as a Hedge / Insurance on your wealth...
Peter, you are brilliant! I am eagerly awaiting for and enjoying your weekly podcasts. Your understanding and analysis of the current situation is second to none! Better then Powell and Co. I wish he could listen to your podcasts :-).
Hard to believe gold is only 2500 from where we were in 2011
Bitcoin up 9000% from then. Gold is the winner though. Gold is up 30% this year and Bitcoin up 111% keep hoping
@@mattverville9227 Yet Bitcoin still don't exist. One day everyone will wake up and starts crying.
@@mattverville9227 Well peter goes on about if you were dumb enough to buy bitcoin you would be down the most ,well it goes up the most also ,Thing is Peter was dumb enough not to by bitcoin when it was offered to him for like 10c or something Lol id say that was a dumb move
And silver still down $15 from 2011 lol
@@mattverville9227Why does that matter? We aren't talking about gambling equities. Gold is a currency like the Dollar or Yen. They aren't meant to move in those ridiculous percentages but retain purchasing power over time. When there is a collapse of complete faith in Fiat then it's possible when a revaluation is forced but we aren't there yet.
In times like these, I always tune into Schiff!!! Guy knows his stuff!
Hopefully NOT.......ultra low manipulated interest rates got us into this mess!
Both ways was a mess
Your are the best Peter..Keep educating us!
A emergency rate cut wouldn’t stop a crash. Look at history for at least the last 60 years. Whats the saying, feds late to the party, stays to long, all that. Yield curve , recession, unemployment, dropping rates , markets crashing, banks in trouble. These things always happen together and they have for decades. Dropping of rates won’t make any difference because the damage is already done. And I don’t only mean because rates went up, they also stayed to low for too long . That’s where the biggest problem comes from . The debt is to high for worthless assets it’s trying to back
in other words,,,, buy the dip?
Keep up the fight Peter
Invest in the financial markets before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth.
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
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.
Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.
Been watching podcast since 2022 religiously. Was looking forward to this one today.
When the market dives it all dives.
a 200$ 1 day rally in gold would probably catch alot of peoples attention and then people will probably start paying attention. Silver can do a massive 5$ rally considering how behind it is with gold.
GAME OVER! Will be wearing nothing but barrels by next Friday!
One of two scenarios: Total meltdown, with circuit breakers kicking in with the rapid fall and volume of trades; or investors jumping back in "buying on the dips" to score more upward profit, thus moderating the market. We'll see....
@@rockymntain you and I both know its going to be the latter, like every other time lol.
dont lay up your treasures where moth and rust corrupt
Love your content peter
Run for your lives! Buy Gold so I can make commissions! The sky is falling! 😮
10:05 they said the same about Bitcoin, the most hated bull run
You mean the bull run MSNBC pumps every chance they get…..they want us to use it so cbdc’s can be shoehorned in…
Thank u mr Schiff.
We need at least three presidential debates on issues only so we can find out what the hell they plan to do about the debt and other issues.
They will deliver empty promises. The state is too vast for one to fix.
You think they’re going to be honest about what they’re going to do?
The only one talking about the debt is Kennedy. No one else gives a damn.
Lol, they'll spend as much as possible and blame everything on anyone except themselves.
Ha this is like taking what Hulk Hogan and Andre the Giant used to say before a match seriously…..and then rooting for one of them in the stands at a Wrestle Mania……
Great stuff! You’re the Man, Peter.
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 norway…
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?
Don’t 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 you’re investing in great companies. kudos to Sonia
yup...Peter and Jim has been calling it better then most
$2500 baby let's go!
yes sir!
Got to $2522 before forced selling to cover stock margin calls bought it back below $2500.
Over the last 12 years you gold people have underperformed real estate, stocks, bitcoin and every other asset class. You’re all idiots haha.
Higher that $2500 eventually. I foresee $2800 within 6 months $3500, $5,000 within 24 months but first I think that BIG MONEY will take Gold down to around $2300. At least that is what the charts show. Silver is going lower to perhaps $26. If the recession gets like 2008-09 then we could go even lower in the precious metals as people sell their stack off just to survive and pay off their bills. The secret is living off less, keeping expenses down and starting a part time business or getting two part time jobs but try to increase your income/cash flow.
Thank you for your insight Peter. I appreciate it
With how volatile the markets have been lately feels like we are on a rollercoaster. Starting to get worried about a crash honestly
Do you really think the FED would cut rates to try and prevent a crash!?
Yeah on one hand they want to control inflation but on the other they don't want to trigger a recession
It's like walking a tight rope, one wrong move and it could be disastrous, like back in 2008 when they slashed rates it helped stabilize the market but also led to a lot of other issues.
It's a tough decision actually, I wish I knew what was going to happen 😅
Well with the ever-changing global economy, tax laws and regulations can also vary, impacting how investments are taxed. It's essential to stay informed and plan strategies accordingly.
Great video Peter thanks for the insight and knowledge 🎉👍🥈
Too what end? So Wall St can pretend to pay their bills a little longer. Good luck.
Looking forward to your success with the lawsuit Peter. Your financial honesty is a breathe of fresh air in a world of cheap money
Rate cut, then inflation, then dollar devaluation, then gold soar, then peter finally wins
Peter your show is one to pay attention to, thank you!
It would be wonderful if you could sue the IRS for their illegal interference in the sale of your bank. The interference of the U.K. HMRC tax bureau is reprehensible too but definitely harder to successfully sue them.
Peter rules .
Other than the fact he's dishonest. In what walk of life is gold the winner? Gold is up 126% in the last 10 years. Bitcoin is up 111% for just the year. So he's either dishonest to protect his gold or he has Bitcoin derangement syndrome
@@mattverville9227 He is worth a lot more money than you are.
@@mattverville9227how is he dishonest for his view on bitcoin? It's thin air! The price is irrelevant.
@@jeffw5333 Petey doesn't make any money investing though. And neither does anyone who follows his investment advice. Petey Schitt makes his money off of idiots like you who are willing to subsidize his stupidity. Go ahead and ask him if he makes more money investing...or as a self proclaimed social media "influencer." He'll verify what I am telling you. You should be selling out of all of your precious metals here at these levels. Come back in December and axe me how I knew.
Many thanks Peter for your (as always) excellent analysis and all the best with your suit!
2513 isn’t all time high for gold?
Not inflation corrected from 1979 when it was $900/ou which is $3877 in our current money.
This government would seize your gold and the cops would stand down.
I really don’t know where we can go from here.
You're one of the few people here on U-Tube that knows knows what you are talking about. The Bitcoin vs Gold is what I've been noticing and your explanation of why bad news is now bad news males perfect sense. Good work. Why have I never heard of you before? Do you sell a newsletter?
Schiff for government
gov needs money. Schiff will restrict money. lol
The problems you outline are only possible with a population that is willfully ignorant. I go thru the same stuff....Respect brother...
It’s the most unloved gold market because a recession is coming. Historically gold sells off before. What is different this time is that gold has stayed strong in the face of a strong dollar so we will see. Gold will probably rip high, but it might take time after the official recession.
China
Chy-nah
God Bless The Philippines 🇵🇭 U R In Good Hands With Peter Schiff There R Only A Few Good Sound Headed Men Left in This Ugly World 🌎
Hold On Loosely Never Let Go
Keep It Up Peter Never Stop 🛑 Educating Get Ur Free Education Here And Now 👍👍
How about an emergency 100 bpts rate hike...Just to put the nail in the coffin.
Wow, talk about a wild ride in the market! 😂 With all this chatter about an emergency rate cut, I'm just sitting here with my $234k emergency fund wondering when I'll get a good headstart on investing. Is it just me, or does it feel like we're all just waiting for the next shoe to drop? Anyway, here's hoping for some clarity soon! 📉💸
Haha, I feel you! But honestly, even with $234k, timing the market is like trying to catch a falling knife. Instead of waiting for a perfect moment, maybe consider getting a good investment advisor. They can help you navigate this craziness and make sure your money works for you even when the market's a rollercoaster.
You both make good points! I've been thinking the same about getting an advisor but don't know where to start. It feels overwhelming with all the options out there. Any tips on finding a trustworthy advisor who can really give good guidance?
There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with ‘' Linda Aretha Reeves” for some years now, and her performance has been consistently impressive. She’s known in her field, look her up.
Just looked up Linda Aretha Reeves, and she seems like exactly what I needed! Thanks for the recommendation. This might be the boost I need to really get my investment journey on track. Excited to see where this goes!
You should make separate videos for your Puerto Rico Bank situation bcuz that stuff is so interesting in itself. I love the updates on that case
Me thinketh the Senators were arguing about whether the., angels were male or female as.........Rome burnt!@!?🤑🤪😉
Vote for Trump. He can't save the economy, but he can restore our freedoms.
The dirty secret is that the US government DESPERATELY needs a stock market "crash". This is for two key reasons: 1) they need to drive money out of equities and into US treasuries in order to help finance the huge government debt and drive down interest rates to ease the burden of that debt, 2) they need to trigger liquidity events so that investors are forced to realize gains from selling out of equities - in some cases due to stops being triggered or margin calls - in order to deliver an epic windfall of capital gains tax to the IRS and, thereby, beef up government revenue. Because the IRS is not currently able to tax unrealized gains (as much as they'd love to), the only option is to have periodic epic selloffs and flight to safety of bonds. And, the biggest source for this dynamic is the large funds managers, like pension funds. So, it's about the US government rousing the whales from their slumber.
I could see this move in yields reversing quickly as people seek to cash out of bonds while they can and while prices are high. Blow off top?
@@nicholasblakiston6297 yields may reverse and retest some previous position, but I'm expecting that economic conditions will deteriorate rapidly and the Fed will be forced to move aggressively, so I would be surprised if treasury bond funds didn't gain 30-40% by the time the rate cutting cycle ends. Seeing a 30% return on capital in bonds in a year while the equities market caves in would be a fine outcome, in my view.
10:00 Thai people at their many gold shops are buying gold, at least as of June this year. The only guy selling was a tall Frenchman who brought in a 1904 double eagle he said he got from his father
I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .
i'd advise you redistribute assets in your portfolio with the help of a pro so you don't get burnt in the market
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
pls how can I reach this expert, I need someone to help me manage my portfolio.
*Marissa Lynn Babula* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.
Peter do you have any comment on the gold/silver ratio???
Hey Lovelies! I have a side hustle I do just a couple of hours a day as a retiree And I absolutely love it because it's no selling, no inventory, no bugging family or friends, and no shipping! There's really nothing out there like it, and I'm happy to send you more info if you are interested! 🥳💖😀
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The Shiftster speaks, I listen. Been listening...
Will the US debt get to $50T before the end of 2028?
Yes
Easy
yes
Good luck with your case, you're going to need it
Peter you're left eye(lid) is drooping. Might want to get that looked at by a doctor.
You dumbbell that's a stye
Botox is bad if he really took it , It would be a bad Gamble
Yes, that eye started to feel weird over a week ago. It also for red and swollen. Feels better now, just a little annoying. Bu now my close up vision is very blurry. I'm getting an eye exam on Monday. I did not get botox. I got Disport while I was in Turkey. But I don't think that was it as the problem started almost a month later.
@@Jakkaribik1lol
@@peterschiff Hope ya didnt get the cv jab Peter.
Thank you for everything Peter
Intel 13th and 14th generation CPUs are defective. They are fucked. This was known almost two years ago. The media just now got around to figuring it out.
If you want the truth, Mr Schiff is the person to be listening to!