Is the Money in Your Pocket Counterfeit? - Ep 962
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
\U0001f7e8 Sign up for Peter's most valuable insights at https://schiffsovereign.com
\U0001f4c8 Invest like Peter: https://schiffradio.com/invest
\U0001f514 Free Reports & Market Updates: https://www.europac.com
\U0001f7e1 Schiff Gold News: https://www.schiffgold.com/news
\U0001f4d8 Book Store: https://schiffradio.com/books
\U0001f449 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff
\U0001f449 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff
\U0001f449 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial
\U0001f449 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff
Our Sponsors:
* Check out Ethos: ethoslife.com/GOLD
Privacy & Opt-Out: https://redcircle.com/privacy