🔴 Gold Breaks $2,500. Kamala Would Send it to the Moon - Ep 975

Peter discusses the historic rise of gold prices, which closed above $2,500 per ounce for the first time. He contrasts the performance of gold with that of Bitcoin, highlighting gold's significant growth since the start of the century. Peter also explores the underwhelming response of gold mining stocks to gold's record highs and predicts a bullish future for gold prices and mining stocks. Additionally, he critiques potential economic policies of Kamala Harris, cautioning that they may lead to increased inflation. Peter urges listeners to invest in gold, silver, and mining stocks, emphasizing the importance of proactive investment to mitigate inflationary risks.

[peterschiff]

Sorry about the video. The internet connection was slow for some reason. One of the downsides of living in Puerto Rico. I've been trying for years to get a fiber connection.

[gingerkilkus]

People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.

[darnellcapriccioso]

Gold looks like it's going big this year. I really want to profit from it this year. I have about $40k I want to invest. My brain doesn't do very well in understanding these things. How do I go about it?

[Mathew-zsnz]

This is pure gold, I have my money in TSLA and about 17 individual stocks, mostly dividend paying companies as well as a few growth names like Microsoft, Amazon, CrowdStrike and then about 10% in Bitcoin.

[RaymondcrawRaymondCrawley]

As an lnvestment 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?.

[Garrett-lopu]

I don't know if I should be holding or selling at this current market.

[ronfesta]

Me thinketh out of., 146 million podcast channels this is one best!@!?
Thanks mate!!!😉😃

[foemgwt]

YOU DONT NEED TO BE AN ECONOMICS MAJOR TO REALIZE THAT IF GOVT SETS PRICES COMPANIES WILL STOP SELLING THE GOODS. THIS WILL CREATE MASSIVE SHORTAGES AND STORE CLOSURES.

[lucetta-vv]

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

[WhitneyRoss-djrf]

Investing in gold seems like a good move, especially with the current market uncertainty.

[johnp]

Bringing back the old peter Schiff show intro! Hell ya

[tinytony]

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. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.

[highdesertutah]

Many of us listen on the weekends so much thanks for the Friday upload Peter! 😊

[Christine-wpbw]

I am holding a cash position right now, of about 300k. I know a dip is supposed to be the buying opportunity, so whats the best stocks to dive into, in this recession?

[LucyNicole]

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.

[ctnxwdt]

Is Kamala the best this country can do? We're doomed!

[joebagodonuts]

I agree with Peter. $2500 will become the new floor. It may take a few weeks or months, but it will be the new floor.

[drew]

pelosi - "we need to pass the bill so you can find out what's in it" 😂 what a great intro.

[InformalVids]

Fix the money fix the world. Gold is the only answer

[HoboToto]

I'm getting Leprechaun vibes here.