Go offline with the Player FM app!
Is the Money in Your Pocket Counterfeit? - Ep 962
Manage episode 419736959 series 1694109
During an unexpected podcast episode from The Bahamas, Peter Schiff discusses the significant breakout in silver prices, reaching the highest since 2013, and the new record highs in gold. He elaborates on central banks' preference for gold over silver and the retail selling trend, emphasizing an opportunity to buy both metals after a correction. Schiff points out the ineffectiveness of the Fed's statements and actions on the true value of gold and silver, suggesting that prices will rise regardless of rate cuts. He uses historical experiences and the transition from real silver coins to nickel-clad copper as an example of government devaluation of currency. Schiff highlights the potential in buying physical silver, especially 'junk silver', for its barter value and the current low premiums as an investment opportunity. He also touches on the importance of investing in gold and silver mining stocks, recommending professional guidance for navigating the sector.
NetSuite is offering a one-of-a-kind flexible financing program. https://netsuite.com/gold
Get an additional 15% off an annual membership at https://masterclass.com/gold
🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com
📈 Invest like Peter: https://schiffradio.com/invest
🔔 Free Reports & Market Updates: https://www.europac.com
🟡 Schiff Gold News: https://www.schiffgold.com/news
📘 Book Store: https://schiffradio.com/books
👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff
👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff
👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial
👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff
Our Sponsors:
* Check out Ethos: ethoslife.com/GOLD
* Check out The Moorings: moorings.com
Privacy & Opt-Out: https://redcircle.com/privacy
1427 episodes
Manage episode 419736959 series 1694109
During an unexpected podcast episode from The Bahamas, Peter Schiff discusses the significant breakout in silver prices, reaching the highest since 2013, and the new record highs in gold. He elaborates on central banks' preference for gold over silver and the retail selling trend, emphasizing an opportunity to buy both metals after a correction. Schiff points out the ineffectiveness of the Fed's statements and actions on the true value of gold and silver, suggesting that prices will rise regardless of rate cuts. He uses historical experiences and the transition from real silver coins to nickel-clad copper as an example of government devaluation of currency. Schiff highlights the potential in buying physical silver, especially 'junk silver', for its barter value and the current low premiums as an investment opportunity. He also touches on the importance of investing in gold and silver mining stocks, recommending professional guidance for navigating the sector.
NetSuite is offering a one-of-a-kind flexible financing program. https://netsuite.com/gold
Get an additional 15% off an annual membership at https://masterclass.com/gold
🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com
📈 Invest like Peter: https://schiffradio.com/invest
🔔 Free Reports & Market Updates: https://www.europac.com
🟡 Schiff Gold News: https://www.schiffgold.com/news
📘 Book Store: https://schiffradio.com/books
👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff
👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff
👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial
👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff
Our Sponsors:
* Check out Ethos: ethoslife.com/GOLD
* Check out The Moorings: moorings.com
Privacy & Opt-Out: https://redcircle.com/privacy
1427 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.