• 5 days 3 Restaurant Stocks In Full Recovery Mode
  • 5 days Bitcoin Is Driven By Testosterone
  • 10 days Quantum Computing Is The Newest Megatrend In Silicon Valley
  • 11 days How To Invest In The Cybersecurity Boom
  • 13 days Investors Are Patient With Unprofitable Giants
  • 15 days Wells Fargo Back In The Scandal Spotlight Once Again
  • 17 days 5 Stocks To Keep A Close Eye On This Year
  • 18 days As Auto Giants Flail, Look To Chip Stocks For Gains
  • 19 days Central America Is Ready For The Bitcoin Hustle
  • 21 days China’s Video Game Restrictions Unlikely To Slow Down Booming Industry
  • 22 days Top Performing Stocks As Inflation Fears Grow
  • 23 days US Airline Stocks Take A Beating On New EU Restrictions
  • 24 days This IPO Could Open Sustainable Fashion Floodgates
  • 25 days Crypto Crime Nets Another $2B Fraudster
  • 27 days This Week’s Hottest Meme Stocks
  • 28 days Why World Markets Should Be Watching Germany Closely
  • 30 days Could ‘Cultured’ Meat Rival The Plant-Based Megatrend?
  • 32 days ‘Easy Money’: Crypto Is Still Attracting Newbie Investors
  • 34 days Foreign Syndicates May Have Stolen Up To $400B In COVID Benefits
  • 35 days Gold Jumps Above $1800 Ahead Of Jackson Hole Summit
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