Playback speed
1×
Subtitles
Share post
Share post at current time
Share from 0:00
0:00
/
29:42
Transcript
Welcome back. We are joined today byPeter Schiff, the CEO of Euro PacificAsset Management and host of the verypopular Peter Schiff Show podcast. So Iwill leave a link in the description andalso for his business. Thank you forcoming on. You initially became veryfamous for predicting the crash of thehousing bubble.
However, you did it all the way back in2006 already. And I remember back thenit was met with mockery by many as thehousing market was considered safe.And in 2012, I think you made theprediction that gold would go over$5,000. Also mocked by some before, ofcourse,
now last week it did cross into 5000before now slightly dropping down. Butit's important to note back in 2012, Ithink gold was about 1600. So, youknow, you don't have a crystal ball, butobviously you're reading the marketquite well. But you're saying that we'reheading into a huge economic crisis now.
How do you think this will play outcompared to 2008? Well,
first of all, when I made that predictionback then, I didn't think it would take thislong for gold to get to 5,000. I thought itwould have happened sooner. So it was alittle bit premature. But at this point,though, I think gold is going a lot higherthan 5,000. And that's because betweenthen and now,
Peter Schiff is the CEO of Euro Pacific Asset Management and the host of the Peter Schiff Show. Schiff explains why gold passed 5000 dollars and silver 100 dollars. The US has reached the end of the road.
Visit Peter Schiff's Euro Pacific Asset Management: https://europac.com/
Follow Prof. Glenn Diesen:
Substack: https://glenndiesen.substack.com/
X/Twitter: https://x.com/Glenn_Diesen
Patreon: https://www.patreon.com/glenndiesen
YouTube: https://www.youtube.com/@GDiesen1
Support the research:
PayPal: https://www.paypal.com/paypalme/glenndiesen
Buy me a Coffee: buymeacoffee.com/gdieseng
Go Fund Me: https://gofund.me/09ea012f
Books by Prof. Glenn Diesen:
https://www.amazon.com/stores/author/B09FPQ4MDL
Geen opmerkingen:
Een reactie posten