Peter Schiff joins Alex Jones live via Skype to claim credit for predicted the sharp stock market plunge and make another bold prediction for the future of the world economy in the Trump Era.
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https://www.youtube.com/watch?v=D5EmGIRiLZM
Seriously. The long as clickbait intros are getting annoying. We are going to watch the same video anyway.
Have you guys ever noticed how people react when they are told something they don’t want to hear?
@Ryback Peter Schiff has been yapping about this for YEARS……….Every year the same thing…WAIT it did not happen but oh look it took a dip and now ::panic::. lol
It’s all fun until a flash crash happens and your portfolio is seized by the banks.
The Stock Market plunged because of a sell off to take profits no? Honestly The Stock Market isn’t a good way to gauge the economy as a whole.
Yeah good comment
Get in to cryptocurency
Yeah well put. This is always what he comes back too: buy gold make me richer. His snakeoil ; good for everything.
The black market is the real economy.
DEPORT the FED, Grab the GOLD (Thats missing) RESET to Zero………
Get rid of the DOJ, FBI, CIA, NSA, and Federal Reserve. That’s a start. Freaking hard start, but it’s needed.
Just start with the Fed… and the rest will fall away as the government will control money supply and put the president in charge of it !
The Dept of Propaganda (Education) needs to go first.
I’d like that, but history repeats itself and Trump will end up dead, just like Kennedy he’s gonna end up dead. At the hands of the CIA or some other covert deep state program.
Just take down the whole goddamn government. If it wasn’t for the military I’d say take the whole damn government down burn it down!
damn right.
Stock market drops 666 points on the 33rd day of the year. There has to be a simple explanation. Its sort of obvious.
Keksi: I didn’t know asylum patients had internet access.
Simple answer- Bitccoin
Those are just numbers but, like fiat currency, are being manipulated by the gods of this world (Soros, the fed, etc.) while the One True God sits back and laughs at their follies.
Yes, it means they can manipulate the market to a remarkable extent. There was a 666 billion deficit in 2017, and this latest signal came just as they released the FISA memo. It was clearly a show of force.
Keksi thanks for the defense of my counting skills. Some people attack the message before they think.
Get food stored up.
These next few years will be turbulent.
thats the best and wisest recovery plan at this point.
Who is the credit company holding the debt ? Lol Same as one making it. Quit being stupid and following like lemmings. This is all contrived BS. I hope it all goes broke and is destroyed COMPLETELY. MONEY IS THE ROOT OF ALL EVIL. We should be way passed this material greed. Children are still hungry and stupid around the world. Until every child is fed and educated with true knowledge, we are all pieces of poop. How many children could have been fed instead of a tesla car in space. True Ignorance abounds everywhere. Where in hell did all you idiots come from? GOVERNMENT POLICIES. I PRAY TO GOD FOR YOU ALL. And not the same one you use for wars, hunger and stupidity. Wisdom is gone. Educated out of existence.
You may want to point that mirror at yourself brother before you start calling others idiots. whats wrong with storing up some food?
Shawn Bradley. I carry a mirror in my pocket. Lol. I agree if you can’t take care of self, you can never help others. Brother. If I don’t see the idiot in me, how can I say that to others. We all got to find true knowledge. All. I’m included
Get into cryptocurency
Peter Schiff is a fool when it comes to BTC.
lol try again, 2/6/2017 = $1,026.61 > $7,410.66 as I type this. Shut your face
Reaper that’s incredible!
Robert S its because he made his money utilizing the croney policy economics and bitcoin is the rival.
I mean in 2011 he predicted gold reach 10k it did last year for short time. So I mean he keeps predicting things they just take longer then most excpect
Robert S After a collapse there will still be a need for a currency to make transactions. What if the guy with an asset you need doesnt need any of the assets you have?
This was Ron Pauls economic advisor when he ran for President in 2008. He is not part of the Schiffs people think he is, his father died in jail not long ago because he protested the income tax.
Schiff is correct. not trumps fault but he has claimed the boom so be will be blamed for the bust. Trump knew better but his outsized ego won out
I love how pep like Steve Hall predict Trump’s downfall. as if he hasn’t gotten this far and know what he is doing. all it took was one video. it’s not ego, it’s being positive. you should try it sometime.
Being positive aka living in fantasyland, wake up fella, trump will be blamed for the burst, we are fucked in 2020.
Everything Schiff said is correct. Do some research and prepare instead of just blindly believing Lord Trump will make everything great again.
Bljski 83 I read the bible and it says the economy will crash. Agreed!
Alex, in your next phone call with the President, can you tell him to stop taking credit for the stock market. I always maintained that he should never have done that. His advisers knew what they were doing at the time, the traitors. Probably Preibus that told him to do it.
Anyway, please tell him to start warning about the over valuations and that while the economy is doing well because of fewer regs and tax cuts, the stock market is over valued by 30-40%.
Otherwise, he, just like bush, is going to take the blame when they crash it.
And you KNOW they are planning to crash it.
I mean a coincidence that it crashed 666 points the day of the memo release and another 1175 the next trading day. “Narrative Change” anybody?
Josh Dub ,if you want to learn something about economics please read something Martin Armstrong wrote. I have never seen him beeing wrong. Cheers
Getting warmer my friend
Don’t get me wrong, I like Peter Schiff… but he’s been ‘predicting’ the market to crash since the recession in 2008… Even a broken clock is right, twice a day.
If he can’t factor those things into his equations, then he’s a bad mathematician and there are better people to listen to. How many people have had an unreasonable amount of food stored in their pantries for a decade now because of Schiff, thinking that the apocalypse was nigh?
HE WAS ONE OF THE FEW WHO PREDICITED IT IN 2008. DON’T MAKE EXCUSES JUST BECAUSE PEOPLE TELL THE TRUTH AND YOU DONT LIKE WHAT YOU HEAR.
Byron Dorgan predicted what was going to happen in 2008 way back in 1994, and again in 1995, and again in 1998… Peter is living off of one correct prediction and his nuthuggers won’t admit how many times he has been very wrong since.
Peter has been making the exact same “prediction” since 2010. Of course it is inevitable that stocks will crash once again; that’s just how markets work. However, if you listened to Schiff’s advice, you missed out on MASSIVE gains in the US stock market over the past 8 years.
I listened too Peter Schiff, I bought US stocks, foreign stocks, and gold. You missed the nuance, I remember him dabating that the US stock exchanges,like the DoW would rise to 25000 to 50000 priced in Us dollars that buy less. Inflation is an enemy he has me we’ll positioned. In the o chance we have deflation which is healthy and good would wipe out my wealth on paper life will be better of. I’ll however keepbuying because we live with gauranteed ever rising prices. Will I be richer when the dow is 30k anwser yes, nominally.
Doesn’t take a genius to know that when a market goes parabolic it becomes unsustainable, after too long. The faster and higher the market moves up the more dramatic the crash will be. Every market does this. Give it a few months and it will be the perfect time to buy in during the accumulation phase. Whatever you do do not buy in after the first correction. There is always a dead cat bounce. These phases take months to cycle.
Get in to cryptocurency
What if Trump’s plan is to a) boldly identify with a high stock market, then b) wait until the Federal Reserve (owned by Rothschild Family) crashes the market big-time, then c) use Trump’s 12.21.2017 national emergency anti-corruption Executive Order to then d) Dissolve the Fed as being corrupt then e) Take the Rothschild Family money and use it to pay down National Debt and f) make a Treasury Dollar backed by gold? Then a) makes sense.
Robert Burke as much as I would love to believe that, it’s not true. If Trump was the real deal, they wouldn’t have let him win election in the first place. I say that as a former die hard Trump supporter.
Thats some real good stock advice
Ive been waiting for a correction for 3 years now. Im not so sure I even want stocks anymore. It seems this would be the perfect time for the globalists to obliterate our economy so they can blame the ideas Trump campaigned on and use the fear to get us to merge into an international system. I kind of got burned on gold hype back around 2012-2013, but at least at the end of the day it will still have value. Ive been more than happy to stay in cash for the most part rather than give the whales of the stock market a chance to siphon off my life savings, but this kind of talk is making me worry the currencey wont even survive.
Also, I really dislike how you have Peter on, and say “Peter is right, but, all I am saying is, Trump this and Trump that, blah blah blah”. You can’t have it both way. Trump took credit for the markets and so did you, and you were warned not to do it. But you got pissy with anyone who wouldn’t just agree and you kept telling everyone over and over about the record stock market.
I get that you want Trump to get credit for a good economy, so do I, but you need to admit he spoke to soon on taking credit for the stock market. And now,, he’s going to get credit for it crashing. They’re going to blame his deregulation and tax cuts in 3…..2……1……
We can’t win if you won’t tell the President when he’s wrong and hold his feet to the fire. You’re like a crazy girlfriend who’s man can do no wrong. I voted for Trump, I am ecstatic about his first year accomplishments, and I pray that he can restore the republic.
But you need to be more pragmatic and tell the President when he’s wrong.
Well said.
Peter is unstoppable, even without a voice.
I LIKE HIM BETTER THAN I LIKE HIS LITTLE BROTHER!
He is the man!
Alex is such a trump apologist. in this conversation he goes full mode denialist
You both are idiots, Peter is all about doom and gloom and doesn’t realize that the deep state is more important to destory than any gains in the bond market/stock market. We are on track for 5.4% growth this quarter and all he wants to talk about is government spending if you really want to have an idea of whats to come you would have invested in off grid technology/guns/food and fresh water but most people take what Peter says with a grain of rice he is right to a certain degree but the world doesn’t operate off numbers that are in front of your face, meanwhile we have bigger problems on our hands from unclogging the drain in floor 7 of the state department. To purging the DOJ and FBI along with running this massive audit on the Pentagon… If you believe everything Peter says then why haven’t you invested in gold and silver from his Schift gold? BECAUSE YOU”RE JUST A FOOL imagine waking up one day and your money is worthless but you have a gold coin that nobody wants…. You sir just played yourself
There’s no such thing as a trump apologist. Also you lost, get over it sore loser.
Peter Schiff didn’t predict anything. He has been saying the same thing over and over again.
Ryein Goddard thats because he underestimated the FEDs playbook on how far they are willing to go down for another dose of cheap money fiasco. Forget predictimg same thing over year, just look at the numbers. Everythong the FED has done, everything China has done….it all leads down to this, this isn’t a time loop anymore, after this crisis hits, its the end of the line.
Please stop having Peter Shitt on the show. Please. He’s living off of one prediction.
You’re 100% right about that, King Hippo. Peter has been making the exact same “prediction” since 2010. Of course it is inevitable that stocks will crash once again; that’s just how markets work. However, if you listened to Schiff’s advice, you missed out on MASSIVE gains in the US stock market over the past 8 years. Peter has done all of his clients a disservice by sticking to his BS strategy of just buy and hold gold. If anyone can find me a single time in Peter’s entire career where he has recommended buying US stocks over gold, I’ll give you a piece of gold! To anyone who invested their hard earned money in Europac, I feel sorry for you.
He is bullish on other things, he has valid concerns about the fraudulent ponzi scheme run by the federal reserve.