• 874 days Will The ECB Continue To Hike Rates?
  • 874 days Forbes: Aramco Remains Largest Company In The Middle East
  • 876 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,275 days Could Crypto Overtake Traditional Investment?
  • 1,280 days Americans Still Quitting Jobs At Record Pace
  • 1,282 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,285 days Is The Dollar Too Strong?
  • 1,286 days Big Tech Disappoints Investors on Earnings Calls
  • 1,286 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,288 days China Is Quietly Trying To Distance Itself From Russia
  • 1,288 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,292 days Crypto Investors Won Big In 2021
  • 1,293 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,293 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,296 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,296 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,299 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,300 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,300 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,302 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Peter Schiff

Peter Schiff

Schiff Gold

Peter Schiff is an economist and investment advisor specializing in the foreign equity, currency, and gold markets. He became internationally known by successfully forecasting the…

Contact Author

  1. Home
  2. Markets
  3. Other

Monthly Gold Videocast


Highlights

0:05 - Question: "According to the financial media, the world has 'fallen out of love with gold.' Is this really true?"

0:40 - The world cannot fall out of love with something it never loved in the first place - but it will fall out of love with fiat currencies.

2:03 - The time to buy gold is when everyone hates it. That's why it's so cheap.

2:30 - Question: "In your last Gold Videocast, Jim Rickards said that gold price manipulation is true. Why do you keep ignoring this issue"?

2:40 - Even if gold is being manipulated, I still want to own it.

3:10 - If manipulation is true, it allows my clients to buy more at artificially low prices.

3:38 - Manipulation cannot go on forever. Before long, free-market forces overwhelm artificial price controls.

4:17 - Question: "You keep warning about hyperinflation and a collapse of the US dollar, but it hasn't happened! Has our modern banking system solved this problem?"

4:43 - You have to warn about things in advance to give people time to prepare, which is exactly what I did with the housing bubble.

6:03 - A recent article mentioned widespread Shrinkflation. If a company charges the same price for less of a product, that's still inflation!

6:55 - Inflation will become hyperinflation if the government doesn't take drastic measures.

7:15 - Question: "You always recommend gold as the best way to protect one's wealth, but I can't afford it. Is silver a good alternative?"

7:28 - Silver coins are better for small barter transactions.

7:57 - There is more potential for upside in silver. So if you can only afford a little right now, why not get started with the metal that may give you more bang for your buck?

8:10 - Eventually, you should hold both metals, but for some people it makes sense to get started with silver.

 

Back to homepage

Leave a comment

Leave a comment