Peter Schiff on 50% Gold Allocation, Economy Crash Landing, Intrinsic Value & Bitcoin Regrets

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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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.

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Natalie's Promotional Links:

-- This podcast should not be construed as investment advice --

🗒️ 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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DISCLAIMER Coin Stories is for entertainment purposes only and does not give financial advice. #bitcoin #crypto #money

[nataliebrunell]

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[TTBBC]

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.

[dptanner]

It’s refreshing seeing two people with different views able to be respectful and be friendly

[videshx]

While natalie loves BTC she interviews Peter, I like her bravery & attitude of seeking !!

[sagarmarahatta]

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!

[joshstucki]

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.

[kekoa]

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! 👏👏👏

[KennyCz]

Peter is a very smart and sharp guy. Good discussion, good perspectives from two great people.

[KristinPMosher]

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

[jameswood]

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.

[jerrycrosby]

🙏 Natalie and 🙏 Peter ℹ️ conversation with respect and class.

[benzbro]

Natalie, a beautiful intellectual. Peter, a hard-core, prudent, realistic philosopher of finance. Both, awesome people.

[Gold_Silver.]

Peter the 🐐 of economics 👌🏼 always appreciate his words of wisdom

[MrAnderson]

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 👏

[rogerburn]

PETER SHIFF IS THE BEST THERE IS AND ALWAYS RIGHT 👍👍👍

[darnellcapriccioso]

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%.

[luketaylor]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[eliascastillo]

Love the interview. You were gracious and respectful letting Peter talk even though I think at times it was hard to hold back.

[jerrycampbell-utyf]

Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favourable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich.

[mikesilverman]

Peter Schiff wins all debates that I have seen.