Peter Schiff: Our financial bubble is going to burst

YouTube / Newsmax ^ | 1/11/22 | Peter Schiff

[RandFan]

Peter Schiff discusses whether the current inflation will turn into hyperinflation and how to protect your savings and investments. The Rob Schmitt Show on Newsmax 1/11/22.

Segment...

[RandFan]

The truth from Peter Schiff here and he puts it in terms the average person can understand

[Organic Panic]

I am waiting for a Schiff article when he says it is time to sell gold.

[laplata]

The other day my 90 year old uncle who is very sharp and totally aware of what is going on said “People had better hunker down”.

[gattaca]

ping

[stevio]

I don’t necessarily disagree with him and can’t believe it lasted this long, but he’s been saying this for years.

[FreshPrince]

Yep....

[RandFan]

Timing is difficult to predict but we’re here now surely?

This is the big one!

[asformeandformyhouse]

Well he’ll eventually be right.

[stevio]

Yes, he will.

[bgill]

Bury it in the backyard.

[chuckles]

I clicked on this story to agree with you. I don't disagree that we are in a hell of a mess, but Schiff has bee pedaling this same bilge for decades now. After the markets hit an all time high hundreds of times, he kinda faded from view on most TV channels. Now he's back.

He should get paid for making gold and silver commercials. I would like to know what he thinks Bitcoin will do in the next crash. Is it going to be "different this time?" Believe it or not, Crypto has sunk to $2trillion from over $3trillion as stocks are still at highs. Gold and silver are basically about the same price after 9% inflation the past year. There may, in fact, be no place to hide if the SHTF.

[The Duke]

"There may, in fact, be no place to hide if the SHTF."

You'll get good value for metals - especially silver - if the 'S' ever does 'H' the 'F'. I've heard on more than one occasion that silver has proven very useful in Venezuela in recent years.