“All HELL Will Break Loose…” | Peter Schiff
Peter Schiff says we’re about to see an “Economic Implosion”, the dollar will continue to collapse, and home prices will drop.
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CREDIT:
Peter Schiff
X: https://x.com/PeterSchiff
Websites:
https://www.schiffsovereign.com
https://www.schiffgold.com
YouTube: @peterschiff
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16 Comments
Dear MR SCHIFF ،THEY HAVE NO CHOICE . EVEN THE ECONOMY ،DOLLAR
COLLAPSES STILL THEY PRINT MONEY EVEN 2 YEARS AFTER COLLAPSE . THEY HAVE NO CHOICE
THEY
HAVE HAVE NO OTHER
WAY . THERE IS AN OTHER WAY ،50 PERCENT CUT ON
SPENDING BUT NOBODY WANTS TO DO THAT .
We are not screwed, Peter. We've been looking at a well from the top of the well and saying it's half-empty. The fiat currency era is in its death throes according to Alistair Macleod. What was a paper tiger of an enonomic system will finally be retired from the world and a new way to link a currency with objects of value will follow. In short; common sense will once again be the source of inspiration. We just have to look back in time to see how the whole thing happened and it started with me being a fisherman trading fish for a bucket of wheat that you produced. That makes sense. What does not make sense is a piece of paper linked to no known commodity and us calling it something of value. It's what makes the Bitcoin scam a scam, because a Bitcoin is ony valued on how much the next guy is willing to pay for a coin linked to absolutely nothing but hype. We simply have to prepare ourselves for a toboggan ride back to reality.
OK where did all are industries go jerk Clinton sold us out with NAFTA stop your bullshit
Don't worry guys. Things will be just fine. Mamdami will save N.Y. city. Newsome will save Cali. The Chicago mayor will rescue Chicago. And by the way, I'm trying to offload some left handed hammers….any suckers out there?
You’re a day late and a dollar short Peter. Where were you 20 years ago? It’s too late for advice.
George W. Bush quote during the Iraq invasion. 👉🏻 “Don’t worry, just keep spending. Our economy is relying on you.”
He pushing Gold how long has he being taking like this click bait
This guy us a Trump enabler and pins all our country’s problems on Biden, as usual. He forgets Joe’s inflation reduction act and everything else he did.
He also imagines that rump intends benefit to anyone but himself. To HURL
I took Peter Schiff's advice from his podcast and bought a gold mining stock. I'm an investing noob and usually stick with index funds. About 5 months ago. I purchased 20 shares on Newmont at roughly (I DCA over time) $42.00/ share it has gone up and down but currently it's at $71.00/share not bad. Anyway I enjoy hearing Peter and I think he is mostly correct however if things under Trump we are headed off the cliff try to imagine where we would be with a President Harris? She, don't forget, wanted to tax unrealized capital gains. Yes, we are in a bad situation, but the medicine isn't going to taste good no matter what and at least Trump is trying to weed out some of the corruptions and sheer incompetence.
We aren't screwd at all,everything is fine,have fun!
healthcare….humm
ditto peter
,2007 after
4:08 well said
While there is always a chance that things will go bad – No one honest can point to Trump and his people as the architects of those troubles.
The built in items of concern, the housibg bubble, the job losses expected as result of significant shift to AI manufacturing , the unsteadiness of relationship ( war) with China, and the crime epidemic in our sreets – the failing education system, etc not a one of these has a start in any Trump policy –
Trump has instead worked for peace – 6 conflicts ended worldwide as Trump et al brokered deals – will see if Russia Ukraine follows suit.
100's of billions in waste andd fraud identified – 10's of billions already recovered, fair trade establushed with dozens of countries who once took advantage of US.
On shoribg ( returning ) of 100's of billions in manufacturing, a much more fair income tax polocy – benefiting the overwhelming majority of Americans, proving a basis for small businesses to grow ( small business is the backbone of the US economy) Returning of Ed to the states – Example why is Alabama in top 5 states in US for higher education but last for primary and secondary schools – ?
Because Alabama schools have followed federal guidelines while colleges and universities were free to set their own standards…….
Ok TMI in closing – look hard at Shiff and see if maybe he is motivated by politics or hatred…..It does happen you know 😢
Economics for babies 101
Everything happening with the economy is the beginning of A build-up for another depression