Peter Schiff and Liz Claman discuss bank failures, bailouts, and how Americans will pay for it all with inflation. Recorded 3/14/2023 on Fox Business Claman Countdown.
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#SBV #inflation #deflation
29 Comments
PETER SCHIFF IS SOOOOOOOOOOOOOOOOOOOOOOOOO CORRECT THAT AGAIN AND AGAIN DO THE MATH!!!!!!!!!!!!!!:) ——– > AS I'VE SAID MANY TIMES SINCE THE END OF 3RD Q OF 2021YR THROUGH THE WHOLE YEAR OF 2022YR TILL NOW THAT GOLD HAS NO OTHER OPTIONS BUT TO HIKE MORE AND MORE AND MORE AND MORE AND MORE FURTHER AND FURTHER AND FURTHER AND FURTHER INTO 3K$ – 3.5K$ THIS YEAR AND ULTIMATELY IT WILL BE IN THE RANGE OF 10K$ – 15K$ BY 2030YR +/- 2 YEARS WHY? BECAUSE FUNDAMENTALLY GOLD HAS NO DEBT BUT CHINA USA EUROPE HAVE TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT TO GO FURTHER FROM HERE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
FUNDAMENTALLY GOLD HAS NO DEBT BUT CHINA USA EUROPE HAVE TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT TO GO FURTHER FROM HERE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
DO THE MATH!!!!!!!!!:) ——- > NO CHEAP ELECTRICITY MEANS NO CRYPO COINS!!!!!!!!!!!!!!!!!!!!!!!!!!:) AGAIN AND AGAIN —— > BITCOIN + THE ENTIRE CRYPTO COINS, THOSE AGGREGATE AMOUNT IS NOW +1.2T$ +/-, ARE COLLAPSING FURTHER AND FURTHER AND FURTHER INTO +0% VALUE THIS YEAR!!!!!!!!!!!!!!!!!!!!!:) < ——- DO THE MATH!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN ——- > THE ONLY SAFE HAVEN ASSETS ARE GOLD + ENERGY AND STILL YEN IS IN A GREAT TIMING TO GO MUCH MUCH MUCH MUCH MORE APPRECIATED AGAINST US$ TO '+68YEN' +/-!!!!!!!!!!!!!!!!!!!!!!!:)
INDEED NOW US$ + US T – DEBT ARE NO LONGER SAFE HAVEN ASSETS THAT AS WE ARE EXPERIENCING NOW FROM THE COLLAPSE OF BANKING SYSTEM IN USA + EUROPE ( ALREADY MANY BANK RUNS HAVE BEEN HAPPENING IN CHINA SINCE 2021YR) ——- > AGAIN AND AGAIN WE ARE SEEING THE LAST MOMENT OF US$ CHINA YUAN(+H.K$) EURO POUND STOCKS BONDS BITCOIN REAL ESTATE SECTORS MEANS NOW WORLD ECONOMY IS FASTLY GETTING BACK TO THE GOLD STANDARD SYSTEM NOW!!!!!!!!!!!!!!!!!!!!!!!!!!
AGAIN AND AGIAN GOLD HAS INTRINSIC VALUE BUT CRYTO COINS HAVE NO INTRINSIC VALUES MEANS ——– > AGAIN AND AGIAN NO CHEAP ELECTRICITY MEANS NO CRYPTO COINS THAT IS 1+ 1 = 2 MATH PROBLEM TO FIGURE OUT THAT GOLD IS A PRECIOUS METAL AT THE SAME TIME IT IS A CURRENCY THAT YOU CAN USE IT AS A CURRENCY FROM AFRICAN VILLAGES TO LATIN AMERICA + OF COURSE YOU CAN USE GOLD AS A CURRENCY IN N KOREA + CHINA EVERYWHERE IN THE WORLD!!!!!!!!!!!!!!!!!!!!!!:)
Gold should moon if the economic environment wasnβt rigged by corruption
Peter Schiff mismanaged his bank and ran it into the ground. Why are you asking him for financial advice? πππ
No more cheap stuff for the USA lol
Monetary policy prudence without fiscal policy prudence is useless.
all those haters slating ur fund are quiet now
No single country fiat instrument is safe here. Commodities mabe cause at least its tangible
So
Gold mining shares must be worth a punt. Recently the Philadelphia gold index divided by the price of gold was about 0.06
In 1996 its last peak was.0.36
Peter's on a roll.
dont get your hopes up. if gold goes to its real price they will simply change all the rules.
im retiring in june. laying off the staff. all you can do is preserve your own time.
PETER. SHIFF. IS. THE BEST. ALWAYS TELLING. IT. LIKE IT IS πππππππ
I guess the fed funds rate is going to 10%.
The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $750k is down to $592k any recommendation;s to scale up my return;s during this crash will be highly appreciated
Peter always good about promoting $5000 oz gold – still waiting…………..ummmmmmmmmmm since 2008.π€π€π§ The next fun fact is Silver – there was a pump and dump scheme around a year ago–bidding up Silver to near $30–those bulls came out of the woodwork. PUMPING meme, tell the world JPM owned the market, silver going to $100, not enough supply–just like the chip shortage. YET all these minerals never get to find "true" pricing.
Austrian Economics is just another word for common sense. It's a shame that most Americans lack it.
Sell gold and silver price is falling down..we can mine gold and silver from mines.
They are finally allowing him in MSM, strange times indeed
It's a shame how many spam comments are down here trying to trick people into going on some other platform where the scammer is waiting to lie to them about crypto and take all of their money. Why doesn't have Peter have my moderators on his channel to delete these comments as to prevent scammers from scamming his audience
Gold is passing $2,000 as I watch this video.
BTC isnβt bitcoin dummies BSV is bitcoin
I would not get too excited by Wednesday it'll be back down again.see saw back n forth.
BSV was a lefty woke bank
Sorry Peter: people donβt want Gold.
Governments might- people donβt.
They want to gamble on crypto and assets.
They arenβt focused on βpreserving wealth β.
They want to increase it.