Peter Schiff on 50% Gold Allocation, Economy Crash Landing, Intrinsic Value & Bitcoin Regrets
ฝัง
- เผยแพร่เมื่อ 30 พ.ค. 2024
- In this episode of Coin Stories powered by Bitdeer Technologies Group ($BTDR), Peter Schiff and Natalie discuss:
- The state of the economy and whether a "crash landing" can be avoided
- Interest rate hikes and inflation
- Gold's recent ATH
- Gold miners underperforming
- Bitcoin vs gold
- What is intrinsic value?
- Does Peter regret not buying Bitcoin? (Yes!)
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To invest in gold, silver and precious metals from Miles Franklin, email info@milesfranklin.com and mention Natalie sent you or call 952-929-7006 and mention Natalie.
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Bio: @peterschiff is the founder, CEO and Global Strategist of Euro Pacific Capital, honorary chairman of SchiffGold, and host of The Peter Schiff Show. He is an economic forecaster and investment advisor influenced by the free-market Austrian School of economics. He is one of the few forecasters who accurately and publicly predicted the 2007 housing market collapse and subsequent 2008 financial crisis. His book, "The Real Crash: America’s Coming Bankruptcy - How to Save Yourself and Your Country," warns that the 2008 crisis was just the prelude to a larger sovereign debt crisis in the United States that may lead to a collapse of the US dollar.
Follow Peter on X at / peterschiff
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🗒️ IN THIS EPISODE:
00:00 Peter's still recovering from beatdown
2:22 Chances of recession
7:01 Bitdeer Technologies Group promo
7:59 Debts and weak economy
10:57 Dollar Tree customers
16:46 Inflation and interest payments
20:34 Buying gold at Costco
25:53 Suppressing price of gold
29:14 Bitcoin 2024 promo
29:46 Coinkite Coldcard Wallet promo
30:07 The Bitcoin Way promo
30:40 Gold will outpace mining
35:09 Peter Schiff regrets not buying Bitcoin
39:00 Bitcoin outperforming everything
41:48 Gold vs Bitcoin
46:48 Peter says Bitcoin isn't money
51:17 Assigning value
54:54 Being wrong about Bitcoin
1:00:56 Peter Schiff regrets not buying Bitcoin
1:05:39 Fountain app promo
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Producer: Aron Bender / aron-bender
DISCLAIMER Coin Stories is for entertainment purposes only and does not give financial advice. #bitcoin #crypto #money - บันเทิง
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Natalie Brunell Beautiful wonderful woman I would pay 1000 Bitcoin to have her No jokes here 🤔
50% Bitcoin is the way. It might be worth having a Fink vs. Schifty debate.
Promote legit investment instead of scams
Bitcoin only for speculation with money you can afford to lose for Safety phisical Gold and Silver bullion and coins 🥇🥇🥈🥈
Bitcoin is only pump and dump successfully done by Michael Saylor and Black Rock
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.
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Colleen Rose Mccaffery’’ turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
Thanks, 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.
Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 23 months and l've accumulated over $70K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.
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.
completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a colleague
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
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.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing..
Please Is NVIDIA and Bitcoin a safe buy to outperform the market this year? I'm tired of these new buys every week, just to make up some assets with low percentage on my $260k portfolio and try to keep everything around 20%.
Yes! but still make your own research. Or hire/ work with a good market strategist for entry and exits if you want to short term. Youre safer that way
I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $610k portfolio surged, yielding an annualized gain of 28%.
Do you mind sharing info on the adviser who assisted you?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Tenley Megan Amerson” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing..
When the dollar gets weak, it could mean tough times ahead economically. I'm thinking about how to protect my money from inflation. Lately, I've heard a lot about Bitcoin. With its halving finished and ETFs approved, many folks expect its value to shoot past $100k. I've got $300k saved up, and I'm tempted to invest now. But I'm worried: Is it too late to make the most profit?
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
hello , Where can I find this coach?
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
You do realize when the dollar bottoms out Bitcoin will crash, right?? Bitcoin isn't a replacement for the dollar; it's a substitution.
I think we are too obsessed about the market crashing. In the right sense, the market never really crashes. It just undergoes cycles, and almost always recovers. So I really don't care what the predictions are. I just want to grow my portfolio. I read that people are pulling in massive profits both in bull rally and crashes. I'm here for tips on how they do it.
Lately, the professionals and those who use their services are really the ones pulling in the big money right now. There are advsors that can help you achieve very consistent growth. You just have to make some research and get one who fits your fin-goal.
That's why I've entrusted a fiduciary with my investment decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to $820k, my personal best
Mind if I ask you to recommend this particular coach you using their service?
‘Marisol Cordova’ is the fiduciary advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
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.
This seems like the worst period.
Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!
Please educate me, i'm willing to make consultations to improve my situation,
Please how do I find this financial counselor?
I'd love to know this mentor of yours
When I saw her testimonies all over the place I thought it was all made up of stories till I was convinced and gave it a try and honestly I don't regret the move I made because I invested in a big way.
I just withdrew my profits an hour ago.
Peter is a very smart and sharp guy. Good discussion, good perspectives from two great people.
He’s not that smart, he can’t even understand the value proposition of bitcoin!🤣😂😂
@@bahmak2003you tell me then. Does Bitcoin have any utility outside of its use as a medium of exchange? If not, then what is the “value” it is storing?
And he's been talking "Crash" for years now!
@@TropicShade yes, it’s happening to a lot of demographics throughout the USA and worldwide.
@@kenczerwinski6365 peter is helplessly derranged, the degree and size of logicsal fallacies are ludicrous... basically making kindergarten errors in every other sentence
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024
Wow that's huge, how do you make that much monthly?
I'm 37 and have been looking for ways to be successful, please how??
Sincerely speaking. I will continue to trade and stick to Kimberly's daily signals/ guides as long as it works well for me..
Woah for real? I'm so excited. Kimberly Smith strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
I'm new at this, please how can I reach her?
While natalie loves BTC she interviews Peter, I like her bravery & attitude of seeking !!
She loves the engagement she gets while trolling uncle dummie
At least she has manners, class and is willing to respect someone who's she has a different point of view with.
She's wiser than this old man with strong biases!
@@KF-sk3qi But she is getting crypto all wrong
Great interview Natalie, you gave Peter a platform he could talk on and you didn’t interrupt him. I hope he shares the same time you gave him on his platform for you to talk. I own bitcoin, gold, silver, real estate and stocks. I move them around and take profits when they are in season to sell. I have to say my gold position I bought hard at 1200 per oz and today its hard to sell middle men offering way less to offload positions and the fees just make it unattractive. Long term hold yes but again I’m not all in on anything but life. Time and your health is the most valuable assets on this planet. Retiring early is the best hedge to happiness.
Many men become depressed when they are retire. Find a career you love and you'll never forget work a day in your life 😀
If you truly understood bitcoin, you'd sell it all and buy more bitcoin.
She desperately needs him on the other hand she has no value in his world 🤣🤣🤣
Gold Derivatives RULE okay! Despite all the Mud slinging
@TTBBC *wisdom spoken here* great comment
It’s refreshing seeing two people with different views able to be respectful and be friendly
Peter Schiff: You are super smart! You are not at the same level as most of these interviews...you are at a different level. Super impressed by your knowledge!
I think it's great these two can still talk. More conversations like this EVERYWHERE please. :) I buy gold and bitcoin and stocks. Just buy and forget. Don't daytrade anything. It's easy.
Agreed. Except I won't be buying anything except Bitcoin.
I would humbly disagree with both commentators. The fed will not print trillions and even cuts rates, because that would cause a sell of in long term bonds, spiking long term interest rates. This will completely destroy the housing market because mortgage rates are based off long term yield, which the fed can’t control. And if they did something unorthodox to control long term rates, that Would send panic through the bond market because it would mean the fed is in a crisis. That would in fact push long term rates even higher. The fed will have to do what it did in the seventies- stand by and watch rates rise. The days of printing trillions are over - which “dumbbell” will buy tjhe us treasures in the face all this money printing?
@@Barr894where will they get all money to pay off the 1 trillion they spend every 100 days?
@@Barr894Do you think federal government will stop spending in excess of tax receipts?
I agree that reports of the death of the dollar are vastly exaggerated. Failure of the dollar is a continuum; it’s been happening slowly since 1913. And it’ll keep happening marginally slower than the best alternative paper money. And periodically gold will be repriced. And bitcoin will be repriced. But such repricing will be necessarily volatile based on dollar liquidity.
BITCON is an Ilusion of Real Money
Props to Natalie’s mature & graceful open-mindedness in hosting Peter Schiff, someone who is on the opposite side of the issue b/w Bitcoin & Gold! An ability to argue opposing notions with civility is rare these days. Thank you, Natalie! 👏👏👏
Natalie great the way you handle yourself in this interview with Peter. I love both Gold and BTC
The level of maturity from Natalie is crazy, im not into crypto but to interview Peter after their debate on the media outlet shows she has a great deal of respect for Peter and is willing to stand her ground. Good job Natalie 👏
I thought so, too. I have an un-wavering faith in Schiff's approach and wouldn't buy Bitcoin (I'm certain it's gonna be a rug pull eventually) but it's good to see the two sides talk it out.
love that you two can be so much fun. dont take life too seriously at the end of the day we all want te same outcome. peace and prosperity
And sound money
Don't forget freedom, it's worth more than the other two combined. Just talk to someone who has no freedom.
PETER SHIFF IS THE BEST THERE IS AND ALWAYS RIGHT 👍👍👍
🙏 Natalie and 🙏 Peter ℹ️ conversation with respect and class.
Go Peter.. following for 20 years 👍
It can be painful to do so but he's got it right
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.
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
What's really gold about this conversation, are Natalie's facial expressions when Peter is bashing Bitcoin 😂. Kudos to your patience and your ability to stay calm! Great Interview.
Natalie, a beautiful intellectual. Peter, a hard-core, prudent, realistic philosopher of finance. Both, awesome people.
Natalie is definitely pretty, but she's also smart. I'm ready to bet that she agrees with peter on gold / Bitcoin, but she makes a living from promoting and cheering for Bitcoin. Doubt this lady doesn't get his points. Same as Dave Ramsey. Smart guy, but also always cheering real estate as he's heavily invested in.
Peter is so convincing. Great points.
Another great video, thanks! I think the market is over-heated. And I am concerned that people are focusing less on fundamentals and just chanting the mantra of dollar cost averaging and driving the market higher without considering fundamentals. It is a catch-22 for me. I mean I like stock prices going higher but I also hate buying over-priced stocks and ETFs. Personally, I have stopped buying growth ETFs- they are ridiculously over-valued. Dividend stocks and ETFs are a little better but they are still over-valued. There is some hope with small and mid caps. I am not sure they are undervalued but at least they are less over-valued..This pattern offers a valuable insight for strategic planning. Despite these trends, i have delve deeply into active trading and managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Tobias Hawke, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
He mostly interacts on Telegrams, using the user-name.
I think you basically just have to research and study what kind of assets you want to Invest in..
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Tobias continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
It doesn't matter if you are a current hodler or a newbie, you can capitalize on the fluctuation of bitcoin by trading with good strategy/signals..
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
Regardless of Bitcoin vs. GOLD, Peter is spot on with inflation! The country is in a tailspin!
Love the interview. You were gracious and respectful letting Peter talk even though I think at times it was hard to hold back.
I would agree, quite hard for a crypto bro to sit back and listen to actual economics.
The way history repeats itself in financial markets is quite intriguing. Artur Grandi's book gives a clear formula for stabilizing investments and suggests areas for investment, like cryptocurrencies.
Peter the 🐐 of economics 👌🏼 always appreciate his words of wisdom
Peter Schiff is a great man. I wouldn't have a pinch on an idea of what is going behind the great curtain if not for him. The Austrian School of Economics is the right way to go.
Thank you Natalie. I love your willingness to reach out across the isle in speaking with Peter and Andy. Education is the key and you are doing a great service to the Bitcoin peaceful revolution. Separation of money and state!!
Peter Schiff wins all debates that I have seen.
Good interview, Peter is right with his fundamental beliefs and I've always not liked bitcoins comparison with gold however, he fails to understand the USP of bitcoin that is not offered by anything else in the world. It's truly one a of a kind with respect to a truly finite supply, a truly closed monetary ecosystem and censorship resistance. Each of those are game changers in their own right. That's what he can't comprehend.
Thanks. Peter seems so rational and honest.
Again, thanks to you both.
Peter is right
peter is helplessly derranged, the degree and size of logicsal fallacies are ludicrous... basically making kindergarten errors in every other sentence
@wasdwasdedsf explain a couple of kindergarten errors, please. I missed them.
@@barrymanning6554you'll be waiting a while to hear back 😊 go Peter
@@barrymanning6554 dont know about this specific interview cause impsossible to get through this clown
but claiming its hackable, claiming its copyable, all kinds of claims he consistently makes that show he dsoesnt know anything about bitcoin from a technical standpoint, all the while claiming "i actyually do understand it completely, thats why i KNOW it will go to zero!"
its just pure kindergarten
@@wasdwasdedsf did you watch the interview? How come you "don't know about this specific interview"? Are you a bot?
this is an incredible conversation. props to Natalie for bringing Peter on and props to Peter to be willing to get on a platform where the audience has been so openly critical of him. This is f*cking journalism right here!!!!
No need to put them against each other they both are great assets and financial freedom and security. It’s called diversity.👏
@maryannsimpson5058: diversification
Exactly, it's not like they're mutually exclusive assets, people need to remember this.
Exactly. I own BTC and gold. Gold are my savings, BTC is my investment. I love BTC and gold, just for a different time frame.
Except that bitcoin is total BS.
Diversification? Buying speculative bubbles is high risk. Oil v tobacco is diversification. Bitcoin is just ask v bid
Lets all thank Peter for the donation to the network he made by losing his Bitcoins. Bitcoiner at heart.
😂😂😂😂
Best and relative comment on this gathering of minds.
Peter explain very well i agree wth him bitcoin is just a crazy asset which no body know its real value know.
all of his criticisms also apply to gold. thats the hypocritical part.
Bitcoin has no value, it trades on price. The price is determined by the next knucklehead willing to pay the price
@@Scorch428 Tell me you're clueless without telling me you're clueless.
@Discovery2024-rn8kn just so you know where I am coming from, I owned gold before I bought btc, and I still own gold. I was a BTC skeptic, initially started researching in order to find debating points in order to talk my son out of buying it. What I came to realize - my aha moment - was that the piece if paper in my wallet has value only because society agrees to that construct. Then I realized that is true of all monetary systems, from sea shells to stone disks to CBDCs to ...gasp...gold. So the question is, what is - or what are - the best money(s)? BTC and gold are both finite or at least scarce so they win. Between them, the pros of gold such as being physical are also cons (hard to transfer).
Anyway, why not own both? Is my rambling point. Just in proportion to your conviction. You must have at least a 1% allowance that BTC might catch on, right?
I am not a bitcoin guy, but you have earned my respect Natalie. It is great to have debate, and not get into these echo chambers of ideas. You handled Peter with grace, and represented your side well. 🤠👍
Natalie is a gem at interviewing. Enjoyed this 100%
2 great personalities! Peter is always fun and his knowledge of ecomonics is top notch. Natalie is super sexy and smart as a whip on Bitcoin. I like BOTH viewpoints.
This is a good conversation, both have their differences in economy and still they can continue to talk with maturity and reason
Natalie did a good job letting Peter beat her up w/o interrupting even though it’s her channel 😂 Very classy, I’m impressed. I’m a Schiff fan btw so this was the first time coming to Natalie’s channel. Of course I smashed the like button.
Love Peter, even if he is wrong :)
Gold has its place. And it’s a very different place than bitcoin today. Most bitcoin folks don’t understand gold yet. Being 100% bitcoin and 0% gold has in retrospect been the right answer for the last 15 years. But will it be for the next 15 years? At some point the answer will be no.
Sad truth with the BTC bro's is that BTC doesn't have any place, it won't and never will!
Not wrong, just ahead of the Mob
He isn't wrong
There's an old saying; Gold is the money of kings, Silver is the money of gentlemen, Bartering is the money of peasants and Debt is the money of slaves. Fiat currencies like the dollar are are based on debt and are the chains that bind us all into slavery. They are not by definition money but rather currencies because they do not store wealth.
People talk about Bitcoin as being an alternative form of exchange to these ponzi fiat currencies. Bitcoin with all its flaws is a poor example of money but it does prove the working concept of distributed ledger blockchain technology. Consider that for the first time in history we have the technology to migrate to a totally paperless non-fiat ecurrency that these globalist bankers can't control or counterfeit. Imagine how many problems it would solve. What if we took this blockchain foundation and added a point of sale interface, a credit scoring system, web and mobile interfaces all based on a general ledger database foundation. This would eliminate not only state control over our medium of exchange but also inflation, deflation and the need for charging interest on a loan and the big one, wealth inequality.
Bitcoin has only been profitable for a select few. Natalie’s “data” assumes that people but low and sell high, which is the exact opposite of what the average retail investor is going to do. Saying that BTC is up 100% this year, while be technically true, is completely misleading. It’s only up the much because it crashed so hard, and at best is flat or even down a little from several years ago. Most people bought at the last peak, fully capitulated with the crash, and are now getting back in at the peak. ETF holders will fold like a house of cards with even the hint of a downturn in price action, which is what we have seen the last few months in outflows. BTC is much like a VC backed startup; create as much hype as possible so you can sell at a profit to the next sucker and repeat.
Peter's a good guy. He's been publicly speaking about US debt problems longer than most young bitcoiners have been alive. Although he's misguided with full belief in gold, I don't think Peter has ill intent. And there are many like him as well, he simply is dug into gold, has been for decades and will be forever. It's just a matter of choice in what to do about it. Great pod Natalie, really good to have Peter on.
Yes while we stupid Americans spend our money on bitcoin The BRICS nations are acquiring the cheaper precious metals at steal prices to back their incoming currency to pull the rug out from our stupid USD backed by nothing. When they are ready they will sell all of their "Natoshi" coins, Crash the system, and dump their profits into gold and silver. Good luck America. This is all the while during then dumping their US Treasuries back into the US, aka project sandman.
Thanks for being reasonable. I don't get why the divide when many of us see the same problems. I'm not opposed to crypto and only a small percentage of my portfolio is in gld and slv etf's
Bitcoin fails to satisfy the regression theorem (it has no utility separate from its use as a medium of exchange) and therefore will never be real money.
yeah but hes pretty dumb. Bitcoin derives its value the same way gold does.....from people believing in it.
You cant really like one and hate the other without being a huge hypocrite.
@Scorch428 The difference is Gold is way safer and less volatile.. and who are you to decide for others they can't choose one over the other??
Well done the both of you 👏 Great example of two people who completely disagree with each other should speak to one another. Take note people.
Peter is unique! Thanks for presenting him!
ironically Natalie is wearing bitcoin earrings made of gold 😂
Bitcoin is money of the future, gold is jewelry! 😂😂😂
Ooh, yes, they’re pretty too. And I love how she’s casually showing off the sparkly ring on her left hand.❤
@@bahmak2003 but people aren't using bitcoin as money. who sends bitcoin across the network? The fees are huge. Also it's easy for us in the west to crow about Bitcoin but what about a farmer in Laos? weak economy, inflation and a crumbling currency . Do you think these people are going to buy Bitcoin? That gold jewelry is money to them.
Gold is money.Stop playing with video game tokens.Thinking that it is@@bahmak2003
That is not really ironic. OG's in crypto and BTC space - some have gone with _physical_ BTC - or BTC "tied" to silver or gold coins or bars ... it sort of works like paper BTC wallets, though there is the value of the metal and the value of any associated crypto.
There are all kinds of these physical/digital coins and bars - for BTC, LTC, XRP, ETH and likely others.
Both gold and BTC have different advantages - depending on what your knowledge, proficiency, amounts of or risk tolerances are.
Love Peter ❤
When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work - the most you will make is 5 dollars.
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.
Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I've been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
I like how Peter just keeps trucking on regardless of people bs. He's top G for a reason
@kongxiong6005 Are you joking? Peter Schiff is going down in history as the worst financial advisor. He has been dead wrong on all his major predictions year after year, market cycle after market cycle:
1. Worthless dollar
2. Worthless crypto
3. He said it's another housing bubble way back in 2014
4. He said the Fed couldn't hike rates from 0 in 2015 but they hiked to 2.25%
5. He said the Fed couldn't hike rates from 0 again in 2022 but they hiked to 5.25%
6. New high for silver
7. 100x on gold stocks
8. $5,000 gold
9. Dow will equal an ounce of gold
10. Going back to a gold standard is inevitable
11. DXY to 80 by the end of 2023
12. Financial crisis of 2023
peter is helplessly derranged, the degree and size of logicsal fallacies are ludicrous... basically making kindergarten errors in every other sentence
@@wasdwasdedsf Yes because someone who manages billions doesn't know what he's talking about.
@@kongxiong6005 If the topic is bitcoin he doesn't. He's probably trolling. If he isn't then its embarrassing...
Peter is yet to understand Bitcoin
Loved this. Thanks Natalie and Peter!
Out of all the financial institutions on TH-cam you are the only one who gives the easiest way to get rich. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject ..... Thanks to Laura Ferguson the lady you recommended.....
Investment has been the easiest way to save and multiply money because the money left over to save ends up being used without return.
Getting Laura Ferguson,to help me really helped me clear all my debit. I started with what I have left and it's been the best decision I ever made.
*Same here,I'm favored financial,Thank you Laura. $25,000 weekly profit with little amount of $2000 I put in,I'm very grateful*
*You're right,I am also grateful to Laura, though I started with as low as $1,500 actually because it was my first time and it was successful. She's a great personality in the state...*
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Natalie , you a such a great interviewer. It is too bad the corrupt national TV is so bias to higher you. America needs more people like you.
Great discussion that needs to occur more often for all of us on both sides of the debate that deep down agree on most things about life and what we want from it.
I can never understand Peter's confusion over the intrinsic value of Bitcoin. It does not have to have a physical use like jewelry or electrical conduction to have "value". Lots of nonphysical things have value to the extent that value can be protected. Both gold and Bitcoin require energy to "mine". The energy cost results in an output of value in which the miners for both have an incentive to maintain.
For gold its value comes from being a precious metal with all the benefits Peter can describe: store of value, inflationary hedge and method of exchange. Plus electrical conductivity and its pretty.
For Bitcoin its value is also derived from: store of value, inflationary hedge and method of exchange. Plus an immutable record (protection of value) that is un-censorable and borderless.
Both have value, but being pretty is physical while freedom from tyranny is non-physical. Which value is better? That is for the individual to decide, but you can't say Bitcoin has no intrinsic value simply because you can't make stuff with it.
"For Bitcoin its value is also derived from: store of value, inflationary hedge and method of exchange".
A method of exchange does not imply value. For example credit cards are a method of exchange. This does not mean that the card itself has value. Same with checks. Same with "handing over goods" or "using a cart of horses" (a method of exchanging goods). In fact, you could use bitcoin to exchange dollars right now without ever owning any bitcoins. Simply buy some and then immediately send/sell. So there is no reason to hold them to be able to use them as a method of exchange.
Suppose bitcoin had value which you were storing. Then, it is possible for it to be an inflation hedge. Same as storing flour in case its price increases. However the inverse is not true.
A record could have value. I could sell a database of useful data I collected. However if it is uncensorable - and thus cannot be owned by anyone - it cannot have a price. (If you could own the record, that means you can write to it and limit others from doing so, or hide parts of it. If you cannot do any of that you are not an owner nor would it make sense to own it).
And for the final supposed source of value: "Bitcoin its value is also derived from: store of value..."
This is circular reasoning. If It did not already have value, storing it could not provide it with any.
P.S.
This whole discussion is actually a bit of a red herring. I suggest taking some time to think on the issue of price volatility, which is the most fundamental property of money - that its price is stable enough for us to even use it for exchange, store of value, etc.
@@nomadbl Bitcoin is not like credit cards or checks, its like cash. Credit cards and checks do not hold value because they only transfer your wealth from what does...your bank "wallet" with your cash which holds the value. Bitcoin is also stored in a "wallet" that only you have access to and yes, you can make changes to it by adding more Bitcoin or taking some out...but no one else can, thus un-censorable. Price volatility exists because its new, not because it has no value. Price discovery is how the market determines this value and despite the volatility it has gone up exponentially and will continue to as more people understand its "true" value. Eventually, once the world has decided how much value there is in immutable money then price will stabilize. "I suggest taking some time" to learn more about Bitcoin. If that doesn't make sense to you then enjoy your gold, I have nothing against that.
There's an old saying; Gold is the money of kings, Silver is the money of gentlemen, Bartering is the money of peasants and Debt is the money of slaves. Fiat currencies like the dollar are are based on debt and are the chains that bind us all into slavery. They are not by definition money but rather currencies because they do not store wealth.
People talk about Bitcoin as being an alternative form of exchange to these ponzi fiat currencies. Bitcoin with all its flaws is a poor example of money but it does prove the working concept of distributed ledger blockchain technology. Consider that for the first time in history we have the technology to migrate to a totally paperless non-fiat ecurrency that these globalist bankers can't control or counterfeit. Imagine how many problems it would solve. What if we took this blockchain foundation and added a point of sale interface, a credit scoring system, web and mobile interfaces all based on a general ledger database foundation. This would eliminate not only state control over our medium of exchange but also inflation, deflation and the need for charging interest on a loan and the big one, wealth inequality.
As a newbie about to invest, you must have these four things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with a financial advise like Rolando Diaz..
Te/e gram
@Rolandostrategy THAT IS HIS USER NAME
make sure you write the NAME complete & He's verified..
What impresses me most about Rolando Diaz is how well he explains basic concept of winning before actually letting you use his trade signals. This goes a long way to ensure winning trades
Natalie “ I can tell you are still licking your wounds”. ….savage 😂😂😂
What wounds lol, bitcon is crashing...😂😂😂
@@EroticOnion23lol, 10 percent "crashing"
@@NietJeffrey just the beginning kiddo 😉
..sounds like we found another wound licker. 🤣
@@EroticOnion23 Crashing? My Bitcoin has 'crashed' from $12,000 per bitcoin to $64, 750 (current price). That's a 439% gain!
natalie, peter is always right
Keep bringing Peter, the prophet from Connecticut.
Try to make few research before letting anyone trade for you like I did ❤ Thank you Jesus, God bless America.
How? Please who can you recommend me your professional?
Thanks to Mrs Sandrina Edmondson.
+1
864
666
In Peters defense, Gold and Silver have been MASSIVELY manipulated, whereas you cannot manipulate bitcoin as easily. Also, keep in mind when there is "selling pressure." In the precious metal market... not 1 ounce of PHYSICAL precious metals were sold... only a derivative . Which currently is at a ratio of 396 paper ounces to 1 oz of physical silver. Totally backwards of every commodity! While price in metals were going down premiums in ASE's were rising.
bitcoin is easily manipulated in the stockmarket, that is how its price fall and mostly rises. What you probably mean is they can't print bitcoins.
@@rap3208 well actually you are correct, in more ways than one which I didnt get into. But I will say much harder to manipulate the price as a result of the blockchain and the inability to create more coins. However, MIT at the heart of development at a minimum in the early adoption, there are sources that have given indications that there were/was a back door.
Bitcoin made by man
Gold /Slvr made by the almighty God
Bitcoin will now be manipulated because it has ETFs, futures everything that the Wall St needs for manipulation.
How is bitcoin not easily manipulated? If anything due to its intense hardness and scarcity it is extra easy to manipulate. You can’t just go out and mine more as easily after each halving, but gold can be discovered, mined, more supply brought online..
Also bitcoin has been manipulated ever since bitcoin futures opened. That was the whole point of the futures etf being approved ahead of the spot one.. so the banks could naked short and manipulate it and acquire bitcoins for their spot ETFs
@@Nolsie Agreed, I should have clarified. Speaking generally since creation not past couple month/months. Without ETF derivatives they couldn't just fabricate on blockchain. However at this point at least BTC ETF price is actually a derivative of the asset price VS unlike Metals the physical price is derived from ETF... IE Metals go down not 1 oz of physical metal asset was necessarily sold. Likewise Tonnes of Gold Silver being accumulated physically by all countries, and price STILL go down TOTALLY backwards
Bitcoin made by man
Gold Silver made by Almighty
All there games are about to come to an abrupt end.
Just because you don't believe Peter, doesn't mean we are wrong... time will tell and already has for the most part. Great interview Natalie! Been watching since day 1!
It seems calmer Peter, is right in most of his claims about BTC. Good interview.
Good to see Peter on your show, Natalie! I’ll have tongi back and watch the interview you were talking about at the opening of the show.
Peter has point! Remember 2008 where bankers were pushing mortgage as a good investment then real estate crash! What happens if the same thing happens to Bitcoin!? Take emotion and bias out, can that really happen to Bitcoin!
No pain no game
Peter has a great point with the diversifying. Bc he’s right if Bitcoin gets to where we all think it goes, most of us should be fine but if for some reason it doesn’t it’s good to have something else to fall back on just in case.
Natalie you are doing a great work, but Nothing is a 100%. It was your decision to invite Peter to your show, so least you can do is respect his thoughts and try to understand his arguments coming from way longer experience. From your side it all sounds little childish. Its just my opinion, so please respect it too. Dont get me wrong. I am believer and owner of BTC but at this point it is JUST a speculation. Gold is definitely safer asset which has proofed itself for thousands of years. In my opinion both of you are right, so some diversification is never a bad idea to protect your wealth and future👍
Really appreaciate that you did this interview with Peter, who is not an absolute “BTC to the moon” guy and gave a chance to your watchers to hear another side of a coin. Whatever we all say, it is a very risky investment and we all can lose money, so we should be very aware of it.
Thank you.
I like how peter speaks to her like a caring father. That however doesnt mean he'll be there for her when she falls. Listen to Peter.
Peter for the win.
I think Peter wins this one.
Watch George Gammon's video trying to use Bitcoin to travel across South America and couldn't use it almost at all!
bitcoin is useless!
Nother great show. Again, such great, productive questions, nice.
Smoke screen isn’t a takeaway.
Peter, you're 99.9% there to getting Bitcoin, and even though you refuse to go that last step of understanding that it is "real", I still appreciate all the great insights you have and have had over the years. I'm a bitcoiner, but I don't call you a clown.
Hilarious
How is something that can go from $1 to $70K and down to $15K and then back up a store of value or useful. It is a speculative asset.
@@michaeleichenberg8618if it hadn't fallen off a cliff like that I'd be more interested in the hype of it... and when escalations in the middle East happened it took a dive.
What happens to bitcoin if the 10 year hits 6.5%? Bitcoin investing (and gold to be totally fair) is mostly a hedge against inflation. Bitcoin went up under ZIRP but that is over. What happens when people can get a decent real yield in the bond markets with zero risk?
@@michaeleichenberg8618 In the short term, it's not a SoV. If it succeeds in gaining widespread adoption as one and starts demonetizing things like gold and commercial real estate, then what today is a speculative asset gets further monetized, volatility will decrease and such dramatic swings will be a thing of the past.
At least that's the theory. It all depends on people deciding that is is a store of value, and using it as such. If the people don't come, BTC will eventually fizzle out or stagnate. IF they do come, well, that's all that's needed to make anything valuable, people agreeing that it is valuable.
It's a bit of a double edge sword though. People today hear about all the massive gains people in the past had, and by and large, they buy it today because they hope to see similar gains in dollar terms. Very few can honestly say they are waiting for the "1 bitcoin equals 1 bitcoin" days when price in fiat terms doesn't matter. Many people proudly proclaim this, but I suspect most of them are lying.
But if things go to plan, it does de-monetize other asset classes and the volatility goes away, it will no longer be an asymmetric bet as the massive upside potential won't exist anymore, which ironically would push people away from it.
Natalie loving your Bitcoin earings. Green and gold looks perfect ❤
Those are not real bitcon-earrings, if they were real you couldn't see them (electrons)!! Those are GOLD earrings! 😂
one has to admit. If nobody sells Bitcoin the price won't go lower
I really enjoyed the interview with Peter. He has a wealth of knowledge to share. Great questions, Natalie!
At least Natalie has good manners and willing to discuss a subject that she shares a different opinion from someone else. That's called respect. What a classy lady.
Natalie is so smart and pretty. Too bad she’s going broke on BC!
Peter Schiff gave great advice on hedging. Be careful on Bitcoin. Bitcoin can go to the moon but what if it doesn't...........
Brilliant interview Natalie and you showed Peter a lot of respect which is important because as bitcoiners we should all listen to what he says because there is a small chance he is absolutely right and we are just all retail holders holding bags for the vc traders
It was nice you let Peter talk
Bitcoin dived like 12% with the Iran attack on Israel... shouldn't savings be there in hard times and crises?? Is that not the whole point of storing value? If the value of bitcoin is only high in good times but is low in bad times... I don't see the long term position of it.. if i needed my money at a specific time Bitcoin can fail me if its down that year... Gold is stable and nearly anytime I can sell to survive if needed.
Peter is perfectly objective in his advocacy of gold and suggestion you should buy gold from Europacific which is owned by Peter Schiff. I wonder if Brian Armstrong thinks Gold is a Ponzi scheme ?
Peter is the best. Great interview.
I only watched because I am a Shiffite of Saint Pedro lol. But I am subscribing to Natalies page because she did a great job. I will continue to follow Peters strategies and beliefs because they resonate more with me. But kudos to Natalie for bringing Peter on.
Central banks are stock piling GOLD Not bitcoin
BINGO!
Right, but the day is coming when Central Banks will own bitcoin. Then what?
Blackrock owns the banks… and Blackrock is stock piling Bitcoin
@@nick-oi1xfwhy wouldn’t they just be buying now? They’re not.
Because they can manipulate gold. That's why they are buying. No one said the transition would be easy.
I really work hard to engage myself in someway of earning more income. My family are happy once again and can now afford anything for my family even with my Retirement.$67k weekly returns has been life changing, after so much struggles.
Maria Angelina Alexander I really appreciate her efforts and transparency.
I remember giving her my first savings $20000 and she opened a brokerage account for me it turned out to be the best thing that ever happened to me.
I heard a CNBC news host spoke highly big about this name and her strategies, how she has been helpful to many people. Been trying to reach her since..
Most people keep getting scared of taking risk,though I started with as low as $15,000
actually because it was my first time and it was successful, She's is a great personality in the state.
Yes, I will leave her info below this comment.
Ms. Brunell, you're a good sport. Cheers!
Great interview of Peter. I have followed Peter for a long time and now I will start to follow you. Well done!
Agree with Peter 100%.
How?? He literally said "hard money" was the ability to drop it and hear a sound. He only sees Bitcoin as a ponzi scheme. He thinks fees for selling gold is less than Bitcoin? He contradicts his views and is obviously engulfed in his pride. Bottom line, you can't easily send a bunch of gold somewhere..You easily can with Bitcoin..
A reboot is inevitable
You are a class act, Natalie. You're my favorite Bitcoin Babe🥰
Great conversation about gold and bitcoin; it helps to open all ears. Ultimately man assigns value whether it is to gold or bitcoin or diamonds. True value is good health + a good mind + good friends and family = a Good Life ❤🙏
That was a great interview Natalie, love you and have followed Peter for years. You both have a wealth of knowledge.
she's new to me. peter is real.
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?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Thoroughly enjoyed this debate. Loved you both! Two sincere people with different views.
Natalie you are so charming, you are somehow able to laugh with Peter, not laugh at Peter, even while disagreeing. We should all be so civil and gracious. You are a great spokesperson for btc.
Bitcoin has the possibility to store value when it becomes common place to transact with. Otherwise, bitcoins entire existence hinges on the Keynesian fiat system. You only need to ask the question “if the current global monetary system fails, will a large amount of the worlds populace transact with bitcoin daily for goods and services?” Welcome to the Austrian economic train of thought…
Gonna start this video and I better hear an apology from Peter for his rude behavior towards Natalie on Fox Business right out of the gate.
Spoiler alert: He did not apologize
Nice to see you guys put your differences aside and come together like this. Really it's only one minor difference, for the most part you guys are in the same camp which is protect yourselves from the government's inflation. Looks like this got a lot of views, props to you both!