“Time Is Running Out!” Peter Schiff on Buying Bitcoin, Dumping Gold, & Getting Rich!

The Iced Coffee Hour, Released on 6/9/24

Intro – 0:00
Peter’s Viral Street Interviews – 0:41
What Nobody Is Listening To – 7:35
The Upcoming Housing Market Collapse – 9:44
Renting is Better Than Owning – 16:18
Homes Are A TERRIBLE Investment – 22:43
Will Home Prices Go Down? – 26:02
Why Peter is Against US stocks – 26:50
Why People Spend Money – 33:35
The US Dollar as a “Reserve Currency” – 36:39
China- 41:04
How to Actually FIX the US economy – 45:09
The Lady Who Got RICH Off Social Security – 48:47
How To Help People Who CAN’T Help Themselves – 53:36
Bankruptcy – 59:12
Bitcoin As A Retirement Investment – 1:01:46
What is Bitcoin ACTUALLY worth? – 1:06:46
What it Would Take for Bitcoin to Drop to $100 – 1:09:42
Is Bitcoin a Threat to Gold? – 1:14:44
Is it YOUR FAULT if You’re Poor In America? – 1:20:48
What SHOULD the Government Be Responsible For? – 1:24:24
Flat Rate vs Consumption Tax – 1:28:51
$0 Minimum Wage – 1:31:12
Peter’s Advice for Young People – 1:43:52
Peter on Elon Musk’s Compensation Package Being Revoked – 1:48:35
Closing Thoughts – 1:49:56

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.

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Great discussion!! A total primer for those who’ve never thought about the basics of individual responsibility versus the dependancy on the state.

One note: Jordan Peterson must, Must, MUST be taken with a grain of salt in every area of commentary outside of behavioural psychology. He is, by default, deferential to the establishment. And it shows. Maybe that explains his profoundly poor insights into financial and geo-political topics?

Example, people with IQs below 83 are counter-productive. What a laugh. How many high-IQ fools fell hook, line and sinker for the covid psyops? Killing yourself off is pretty counter-productive, is it not?