Wealthion, Released on 12/6/24
For Part 2 of this interview, CLICK HERE
Peter Schiff joins Anthony Scaramucci to dissect Bitcoin’s explosive rise, debating whether it’s the next financial revolution or a speculative bubble waiting to burst. Schiff reveals why gold continues to outshine U.S. stocks over the long term and issues a stark warning about America’s mounting debt and looming stagflation risks. Don’t miss his take on gold as the ultimate hedge, Bitcoin’s speculative allure, and what the Federal Reserve’s next moves mean for your investments.
0:54 – Introduction
2:23 – The U.S. Economy: A Debt Crisis Looming?
9:08 – How Inflation Steals Your Wealth
13:46 – Peter’s Predictions for the Federal Reserve in 2025
17:57 – Gold vs. Bitcoin: The Real Store of Value?
21:46 – Does Peter Regret Not Buying Bitcoin?
25:17 – Is Bitcoin’s Network Effect Overhyped?
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He’s also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.