Buy the Breakout in Silver
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- Опубліковано 16 тра 2024
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Everyone’s been preaching investing lately as a source of passive income but with a 70 hour weekly jobs and limited knowledge of financial instruments, how can I actually stay on top of things, I see every UA-cam video saying BUY BUY! But when and how do I sell for profit at the right time?
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
Exactly, I used to undermine the efficiency of a financial advisor until my wife company assigned her an investment adviser back in 2020 and tbh, it’s been the best financial decision I’ve made.
my partner’s been considering going the same route, could you share more info please on the advisor that guides you.
Tenley. Megan Amerson’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look her up.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Finding financial advisors like vivian jean wilhelm who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
I am a 54-year old Burnt-out doctor with $400K in declining investments, planning retirement soon. Seeking best stock strategies for market downturns and hyperinflations
At a point like this, when the pressure is already on you to retire, its best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.
Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation
Melissa Jean Talingdan is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024
Wow that's huge, how do you make that much monthly?
I'm 37 and have been looking for ways to be successful, please how??
Sincerely speaking. I will continue to trade and stick to katherine Flores daily signals and guides as long as it works well for me.
Woah for real? I'm so excited. Katherine Flores strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
I'm new at this, please how can I reach her?
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
I'm overall outperforming a lot of assets by holding Bitcoin and a few other top crypto altcoins. When my percentage goes down it goes down about double that of the s&p100/500 but when it goes up it goes up like 5 times the S&P rate.
The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 5years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.
who is your advisor please, if you don't mind me asking?
‘Linda Aretha Reeves’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing
Put in 20k into various assets last year and flipped into six figures within a few months and still going. I’ve always been an advocate of investing because it has been rather rewarding. I hope to attain financial freedom soon. One more thing, I always look forward to your content brother keep up the good work.
You can’t overlook the fact that it’s paramount not to get greedy but to remain invested through careful study, if not you can lose it all.
I have some money saved from day job. I have no idea where or how to invest. How are you doing it, Leon?
It’s not rocket science. As I said previously, I got into different assets (stocks, crypto, gold, silver, and i-bonds) myself but wasn't getting the results I wanted the first couple of months. Got tired of losing and decided to seek mentorship from Jonas Herman, a certified fiduciary who helps oversee my investments.
@@Christensen554
While it may sound enticing, it is important to understand that some of these mentioned assets, like a fine wine or a Monet, has no standardized value. You look all good on the outside, while you wait till almost death to enjoy your wealth which presents an enormous economic(uncertainty) risk.
Over the years, I've been part of numerous investment programs, sifting through a barrage of information. Yet, none comes close to the sheer clarity, depth, and precision of Herman’s instructions and insights. It's akin to finding a diamond in the dirt.
*The Crypto market is pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.*
Interesting, This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro Investor?
Wow. I'm a bit perplexed seeing Tracy name been mentioned here also. Didn't know she has been good to so many people.
Can't lie the name sounds too familiar I've come across individuals talking about her great service I guess this is a sign to try her out.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things 😊
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.
Her name is. 'RACHEL SARAH PARRISH’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states
You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or saving my earnings to achieve this goal?
Varied sources of income is wise and especially living within your means. My net worth is $2M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.
Money advice is subjective, what works for you may not work for someone else, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments.
bravo! i'm 46, inherited money from a childless relative and traveled overseas, got married to a lady almost my age, but the only issue is how to preserve and grow my wealth in view of retirement, can your advisor be of help please?
I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "KRISTIN AMBER LANDIS" I've worked with her for 9 years and highly recommend her. Check if she meets your criteria.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
I never bought silver or gold, but after i tumbled upon one of your video in early 2022, thats wheni started buying gold and silver and now i know a little about economics, especially for a high school drop out. Thank you Peter. You are a national treasure!
Similar thing for me but back in the Summer of 2020! God bless Peter Schiff for being a bright light in the darkness. Cheers!
Just don't take his advice when it comes to bitcoin 😅
I need some help buying bitcoin
Schiff for prez!
Buying physical gold & silver will put you head & shoulders above most college grads!!
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
ANGELA LYNN SCHILLING' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Jim Cramer will come out and tell everyone to buy silver on Monday and then the price will tank.
😂… Nah take him another 12 months to get the pump memo from his hedge funds cronies
Buy buy buy buy
Silver doesn't Sponsor TV programs , you can't have Silver as a guest on the show. Cramer is still pumping Nvidia. Jim surly has the anti- Midas touch. He turns things to 💩
I legit fear a rug pull so bad
hahah probably true
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incorporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
Invest in real estate, ETFs and high-yield savings account.
Yes just buy Gold and protect your assets, the stock market is a rollercoaster.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Impressive can you share more info?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Camille Anne Hector for about five years now, and her performance has been consistently impressive. She is quite known in her field, look-her up.
This is just the beginning 💪🏽
👋 good to see you here silver dragon
Or the end of it all. 😑
Agreed 💯
ALSO WATCHING SCHIFF 😂👍🇺🇲
Absolutely 🧐🧐🧐
China is bulking up on physical Gold 🇺🇸 America is bulking up on digits on a screen🤣🤣
That’s true
Real money vs fake money. Real economy vs fake economy. China lies about a lot of things but there's no denying they have actual industry that produces products. That's a real economy. What does the US offer? Social media companies? Banking? Tech? China is blasting past the US in tech. China has it's own social media. And as for banking...American banks have some of the worst reputations world wide.
China has a 5,000+ year written history of silver being money and wealth.
I never thought in 2013 that I would have to wait 11 years for it to pass $30 again.
Time flies when you're having fun.
Investing S&P500 in 2013 would have netted gain 320% in 2024, so if invested in Silver over 12 years ago Silver should be near $80 by now.
I bought in the 80,s how do you think I feel need about $40 to break even.
Why are you guys trying to trade back for a failing currency...? You should probably sell. You don't know what money is or how to use it.
I hope you've been buying in between.
Even at 31 per oz it's a steal with this worthless money
Borderline genius level intelligence 👌
Fiat is going to zero on a long enough timeline.
Buy as you can.
Fiat toilet paper
100%
It's not money, but yeah!
I remember buying silver in 2011. Paying $850 for a tube of Eagles. Spot was $45 or more. Only to have the FED come in with the help of JPMC to knock the price down over and over to settle at $15 per ounce a few years later.
Painful times. I remember.
@@jamesers99 me too but I kept buying. I figured it was a good time to buy regularly so I did. I'm pretty much done heavy stacking.
@@billp4 Bought most of my stack 10-13 yrs ago at $ 30 +. Some here and there since then. I now have my body weight in silver. Saying that, I wish I were much larger. 150 lbs.
That’s tough shit, chump. Be responsible.
The Federal Reserve, stock market, derivatives market, and US Dollar won’t survive upcoming crash.
Been stacking silver since 2009. Finally, after all these years, I feel so happy being a gold and silver bug, but at the same time, I feel bad having to bet against my own country's future. I love America, but we are clearly in for a world of pain, and I have to protect myself and my family.
jealous 😂
I had an underground utility business; Storm water, sanitary and water mains but we also did lead service line replacement. When I sold my business to a major competitor I doubled the price on the 1" copper pipe line I had stacked and purchased. So all the copper pipe I purchased made my company worth way more money then I expected!!!!
How could someone purchase, store and resell it as an investment? There are lots of places to store, buy and sell gold and silver.
You answered your own question seems like. He said hopefully you won’t need it.
If you need to barter for food or gas or other things; you can with silver.
When you travel anywhere in the world; they will buy your GOLD.
And yes, many people would love to take it off your hand if you don’t want it.
@@billp4
It can border line on a hobby for physical but depending on what your time is worth and opportunity you can get it free. I just bring a bag with my bike and if I see a construction bin sometimes I can find some. Though one nice thing about paper copper is its industrialist and thus less vulnerable to rehypthecation. So maybe a copper heave miner.
Though i can say I am happy when I find it free. I like zero for cost basis.
@@gwynedd1 I remember on The Sopranos before they defaulted on some slum homes they made sure to pull the copper out 😀
Buy when it is hated and sell it when it is loved.
Most still don’t even realize what’s happening. I think silver and gold have a long way to go.
❤
I bought at 13USD/Ounce in 2015. I am a happy man right now. I think it will settle around 45 USD in a few years, and that will be the new basline, like 20s has been for the past decade.
@@JohnReynolds-ni5lv Silver has the greater potential in my opinion as when the majority realise what is happening gold will be much too expensive.
So anytime
I think 2400 gold is going to be cheap next week!!!
why is that?
I hope 2400$ gold will be very cheap next week
@@kamillederoo7013 lol.. I wouldn't hold my breath! I have 50 oz.. but I made 15k today!
Gold will have a pull back, but long term I think it will continue trending upwards. I personally don't want to try and time the market and prefer with gold to just hold, but with silver I am trading it.
Just had our pullback @@Jalleur14325
Well explained.Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject .....Thanks to Laura Ferguson, the lady you recommended me to.....
That's awesome I know nothing about investment and I'm keen on getting started. What are the strategy?
I'll advise you to work with a financial advisor....Building a good investment portfolio is more complex so I would recommend you seek
No doubt!! I never knew Laura Ferguson had gone viral. I decided to back up my assets and property with her when we met at a conference in New Jersey for the first time.
I work with Laura Ferguson.
Got her info on ABC News in December 2022 and started following her lead and it's favoring me. Lost my job in April 2022 and right now I'm back on top again as I always win with her strategy.
Please I'm new to this, how can I get her assistance?
the value of metal doesn't change ... it's fiat that disintegrates
Value vs price. Same gap regarding money vs fiat currency.
Value does change if new technological use-cases arise. The growth of the solar industry will propel the value of silver in the near-term.
Real commodity vs Fake currency that is inflating DAILY by idiots
yeah but you can trade the paper for metals while it's still worth something rather than try to do that when it's too late already
The value of gold and silver IS changing. Youre going to be able to buy a lot of stuff when gold and silver go up.
So basically we're going to keep this economy going for as long as we can until it literally hits the ground and starts combusting in to flames, this will not be a depression this will be a nightmare financially for everyone because right now when the inflation spikes up like a rocket and the dollar detaches itself from normal levels we're going to be just like Zimbabwe or Germany with wheelbarrows of money for bread. I personally feel like we have maybe 4 to 5 years of somewhat economic transactions with money and debt but after 2030 I think that's when everything will falter and hit the skids. I would buy Bitcoin and buy hard assets like gold /silver as a store of value while also actively trading...The only wild card for us investors is to actively engage the market by trading, we always over complicate things when we speculate. It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
As a beginner, it's essential for you to have a mentor to keep you accountable..
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this...
I rather invest my money on crypto. Bitcoin trading is great unlike the stock market and other financial markets, bitcoin has no centralized location , since it operates 24hrs in different parts of the world...
On the grand scheme of things, once you understand the potential of trad!ng, you can bet on it but I think people need the education to fully understand...
This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains...
Long Live Peter Schiff!!! Honest Value Never Fails 💪🙏
I believe God gave him to us. God has many vessels. Peter will save you if you listen to him financially.
I spent the day playing really volatile stuff but when I saw a 2X gold miner ETF up 6% I was more excited about that. THEN..... I saw silver prices! The time for commodities is NOW!
I stacked up when silver was $17 an ounce. And saw silver rise to $50. It is still cheap in the long run at $30
The 1980 high in silver adjusted for inflation in today's dollars is around $1000 an ounce. There is much less silver available now it got used up by industry.
@@sdickinson5234how about completely disregarding the all time high in 1980 as a complete abhorration, overvalued speculation and detached from reality? Find another historical top and consider that as the all time high
Inflation adjustment for the 80’s puts silver around $200/oz. Get fucking real dumbass.
$1000 hahaha just shut the fuck up.
I appreciate you sticking to your guns for this long. I have one thousand ounces and I am looking forward to finally hitting one hundred thousand dollars
Awesome! 6000 oz here. Bought at $13 - $18 from 17-20
Respectable amounts and greater then zero.
@@panzervalkyrie9299 Buy 3x leveraged silver and gold stocks. They’ve gone up immensely over the last 3 months
Is your entire net worth in physical silver? Not knocking just curious based on the way this was written
A thousand ounces is good, now focus on gold
Silver is 31.52 at 10:14pm eastern time
i bought some 2 weeks ago at 27.
and today it broke $31
WHAT?!
I'm Amazed at how well Peter Schiff explains these issues in Regular Laymen's terms. I have been listening to him for the past 15 years. He has a natural gift to be able to do that. 🤔
Peter can explain complicated issues simply. That may be because in order to explain simply you first have to really understand the concept in and out.
I save every pre-1982 penny I attain!!! There is 3 cents of copper in every copper penny!!!!
That is a good point
I bought my 1st ounce of silver way back in 2003 for less than 5 dollars an ounce. I stacked for years after that. I am still holding every ounce I ever bought.
Its second inning. years left in the move.
Adjusted for inflation Silver is super cheap!!
Yes, it's practically the only commodity that's cheaper today than 50 years ago
I swapped all my gold for silver when it was @120 to 1.
The gold I bought in 1999.
I have been buying every $1 drop for years. Silver drops from $21 to $20, I buy. Silver drops from $27 to $26, I buy. And if silver drops from $31 to $30 I will buy.
You have genius level intelligence
Good strategy
200IQ
What is day scalping mean ?
What is day scalping ?
Everyone needs to REMEMBER SOMETHING. All these sellers wait until these new highs to advertise and hard sell their metals. BECAUSE THEY MAX THEIR PROFITS. I bought silver at 33/ounce about 10 years ago because of fear mongering. Still got it, want more. But don't get fooled.
There’s no doubt. Everyone has something to sell. But he is telling the truth. Gold and silver are going to skyrocket. Gold is rising because the dollar is becoming worthless.
I bought it as it went up to 50 and down to twelve then back to now. I not buying now. I don't want to go through that again. I can supplement my income with it if need be. Otherwise, it's savings.
Very true. I learnt the hard way with investing and "advice". I used some tips to buy shares (motley fool), and it was clearly a pump and dump, same as Elon musk does. I wised up now though, and am much more cautious.
*WAIT for the pullback. There's ALWAYS a pullback after a price run up like this*
Yes me too... I bought gold when it was reaching all time highs more than 1 year ago .. I had to cope with so much downside later because they said it would go higher and higher from there. It didn't... I can see history will repeat That's why I have no FOMO... Yes I will buy gold, yes I will buy silver, yes I will buy the SP500, and yes I will buy Tesla... But only at big discounts and from time to time... If it keeps going up, great I missed it... Making money is all about getting good deals and consistency. There will be many opportunities ahead, and since I am not katty wood... I need to make the most out of the little money that I have
I'm glad I found Peter Schiff about 12-14 years ago. The things he was saying made perfect sense to me, and changed my life in a big way. I mentioned gold to my financial "advisor" at the time and she laughed at me, and then proceeded to try and sell me an annuity. Haha. THANK YOU, Peter Schiff.
Not saying this as bragging. I have a couple million in a schwab account. So I am loaded up with natural resource shares. I got a call from an advisor asking why I buy the things I buy. I was more curious why I was being asked. He was a bit condescending. I simply said "If you want me to remain with this institution, never call me again. You people don't know shit". Click
I’m so glad I got into the physical Silver market in 2018!and never stopped stacking. Buying Junk Silver for 10 dollars face and American Silver Eagles for 18 bucks with premium. It’s been nice to see I made a good choice.
I dont have enough to buy gold/silver.... so I'll just continue to stack lead, copper, brass, nitro-cellulose, seeds, water, food, meds
Don't forget the Stainless and Blue steel.
Silver is cheap.
what will you do with seeds?
You dont have an extra $50/month to get an oz of silver?
Hey copper is doing well so good for you. Anything real is what's important. You don't need to be rich to position yourself for what's coming. I'm in the same boat. I talk to wealthy people all the time and they laugh at G+S so just goes to show people don't understand what's coming. Peace.
BRICS will announce ditching dollar this October I expect. Gold and Silver will appreciated considerably before it. I am amazed how much Americans are oblivious about international Geo-Politics. 😂
Why October? I read gold backed crypto is planned
@@fzr1000981 The BRICS meeting will be held in Moscow in October.
BRICS will do that eventually, I don't know when. Could be October, could be next year or the year after that.
@Ziegfried82 do what? Gold backed crypto? Would change everything and bury bitcoin and all these utterly worthless decentralized cryptos. I relish that day
Wow.. Peter Schiff Is Right. Gold & Silver Risen in the opening hours for good.
How I lived a successful life after meeting with Lillie Tamara in a conference meeting
From the CNCB quarters recently their newscaster made it known that If you don't find a means of multiplying your income you will wake up one day to realize you didn't plan well
I agree with you! Investing puts money to work. The only reason to save money is to invest it
As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto consultant, Lillie Tamara.
You're right, Tamara is considered a key Crypto strategist with one of the best copy trading portfolio and also very active in the cryptocurrency space
HOW DO I GET ON THIS?????🙏
Today was the 6th day in the past 30 that saw the GDX trade over $1 billion in value.. when the institutions step in $1 billion will be a slow day. We're just getting started!
I'm 18, I have been listening to Peter for 2 years and have been accumulating gold, silver, and platinum with my savings at the dips. Opened a brokerage account and bought some mining stocks as soon as I turned 18 😂 only problem is that i can't hold the Physical silver with me because 20% VAT is charged in the UK on every metal apart from gold so I have to keep everything in swiss vaults. Thank you very much Peter Schiff!!! We Avoiding the inflation tax 💯
I'm in the same boat. You don't pay capital gains tax on UK minted coins though. Gold is best since no vat or capital gains tax but remember if you hold in a vault (bullionvault) then you technically should give hmrc their 20% cut.
@garethcurtis9354 Yeah True, I was tempted to buy some gold britannias for those reasons. With Platinum and Silver, though, it's much more economical to use bullionvault since you can buy very close to spot price. Capital Gains is only charged when you sell, so I should be good since I see it as long-term savings and have no intentions of selling. I use precious metal ETFs in my ISA account for shorter term trades (especially for palladium). I will definitely be buying gold britannias once I have more money, though.
Peter was right AGAIN
Really? On you mean as in the second time he was right. Yes he has been right twice.
As usual.
Everyone is always right at some point if you stick with the same thesis
@@thegardencity92 him being right has made me a lot of money in the past, today, and hopefully the future.
It's been a great historic quarter for precious metals investors 😎😎😎
I WISH YOU A LONG HEALTHY LIFE PETER
Yep! Firstly, for his and his loved ones sake. Secondly, because I am still relatively young and want to listen to Peter for decades to come 😊
@@user-friendlyhuman BETTER BUY METALS BEFORE CBDC
@user-friendlyhuman I'm 40 from the west cost of Ireland. I've been listening to Peter since before the housing bubble in 2008 and his knowledge has served me well.
@terrysadlier8456 SALUTE from London UK
My advice to you
Buy metals before CBDC
ONE DAY YOU WILL REMEMBER ME
I am not offended by Peter's infonercial here. He has made me a LOT of money. Thank you Peter. (In Feb I heard him speak of the hated junior silver miners. Those he buys. So I bought them too. I am up 35% in 2 months.)
Priced in Australian dollars, silver hit an all-time record high today
It's still lagging behind everything else especially property that has pretty much doubled since last year.
@@oscarellis2563 even short term bonds.
Never bought to check that for GBP. it peaked at a little under 30 back in 2011. Still £5 shy here.
Thank you Peter! Very glad to be in complete agreement with you in all areas! Only physical & miners! No 401K. No paper money. Yay!
Been stacking silver since 09. Just started stacking mining stocks. Some miners up 5, 6, 7, 11% today and crickets from the msm.
Wouldn't it be something if Dollar Collapses on Juneteenth 😂😂😂
Why?
Lmaooo that’s so funny. Juneteenth is my least favorite holiday
We can call it reparations or something.
Be right & sit tight
I remember buying monster boxes of eagles, buffalos, phills, roos, krugers, maples, tards (that's mexico), queens and - kings at the latest but my average down is $12 to $14 bucks. I'm around 10,000 physical ounces of .999 and .9999 of silver sovereigns and guess what. I'm already happy with the more then doubling of my fiat equivalent. I truly believe the white metal is going to hit $250 to $500 per ounce, not because of a sovereign debt crisis but because the silver deficit that's already hitting us.
You sitting fat mate. I started buying in 2020. Wish I started 20 years earlier. It's all good though. Ive got more than I could run with. Lead is just as valuable btw....
Where do you keep them? :)
Baller alert!
Nice stacking bro-
160 Dollar 🎉 2026 🥈🚀🎆
100 bucks by end of 2025
I must have been listening to you almost 10 years now Peter. The most common sense person on finance I’ve had the pleasure of listening to, and funny too! I’ve positioned myself over the last 5 years which I hope will help my family survive. Hopefully this is the real breakout in silver. Thanks again Peter
Hey wait a minute…didn’t Janet and Jerome say this is just transitory????
LMAO
Here's a clue: when u see Janet or Jerome's lips moving, they are lying. They are propaganda artists for the FED, not there to guide Americans
They lied to the masses-
Nixon said it was temporary when he stopped allowing foreigners to redeem dollars for gold at the official rate.
And a crash wont happen in our lifetime....she must be dying
Thank you Peter I just purchased a new silver cutlery set. Each mouthful tastes more valuable.
I just bought seven 1kg bars from Perth mint here in Australia
Make sure you can make change
Good
Do you have to pay tax on that?
@@ThunderStruck94660 no
Yeah I started buying 1kg bars a few years ago, already had the smaller sizes. The larger bars aren't really practical for bartering...but they are awesome to store wealth.
I bought a monster box of 2008 American Siver Eagles 10/7/2021. Even today, I still can not break even on selling it back to Apmex. With tax, I paid $19,551.96. So, it needs to go up another $2 to over $33 to get my money back... which I will do once it happens. Considering I paid $19.5k two years ago, and can not even break even yet, I got killed on inflation. Should have invested that money in crypto (which I am already heavily invested in and way way up).
First Majestic Silver went BALLISTIC. I took profits. Thanks Peter. You're the MAN👏👏👏👏
Silvercrest metals is much better, I'm up at least 40% and still long. Silver is going to 50 and beyond
Barrick and Newmont have been a pain trade. Down 40% on those, but not ready to throw in the towel yet. Up overall due to also trading spot price and its spectacular performance, not sure why the biggest and most profitable miners arent reflecting the reality in their stock price and hitting $100 and $200 per share. Luckily I'm young, so I can wait out the fickle institutions.
AG needs to 2x from here just to get back to where it was at when silver first tapped 30$ in this bull market..
closed up 91% on FSM on Friday in only a couple months.
@cooperwolfe1731 nice earnings report but don't they have just one mine? Owned it years ago
I started buying silver when spot was at 24 oz and the premiums were 2 or 3 dollars above spot for silver eagles. Glad i bought some
I reached my silver stack goal when prices were way cheaper. I do still buy silver, but I have switched to rare 1970's one ounce art bars. Most of the time I have to pay $40-$150 per ounce with this stuff. Sometime you get lucky with "buy it nows", and sometimes coin shop guys don't know art bar prices and you get rare stuff for a few bucks over spot. These bars were low mintage 50 years ago, and most were melted down in 1980 and after. So the "hunt" is fun stuff! Super addictive!
It has to hold on Monday!!
Yankee! My man! Looking forward to the next Tim video about this breakout
It held and then some
I bought Silver the day before the Hunt Brothers got busted for price fixing Hoarding bought on Friday aft and Monday it dropped 50% !!!!!! Timing ouch !
How much did you pay?
No big deal so long as you weren't forced to sell. That's the beauty of precious metals...just gotta hold em til the fiat system dies. That's what they're for, it's not to get rich.
@@Ziegfried82 he may still be upside down 5 decades later....😎
Silver completely blew through $30 bucks. I was impressed. It was as if $39 bucks wasn't even a number. the numerical system goes from $29 to $31 lol. There is no $30.
obviously not supposed to be $39 but $30. I got fat fingers almost like big toes.
bought silver in january, I am happy.
I'm glad that I bought it when it was in the teens. Let's go $50.00 an ounce
Triple-digit silver.
But Silver is the most manipulated ?
The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich
HOW! I would really appreciate if you show me how to go about it. Please can you list the platforms?
Same here, I started with $3,000 now earning $28,000 bi-weekly profits with his trading program
She's so amazing i still cannot believe one can be this exceptional when it comes to Bitcoin activities
Mrs Andrea Megan you are so amazing. Even with the fluctuation in the economy, I'm so excited I've been earning $145,000 from my $10,000 investment every 10 days
I'm from the UK I've been trading with Mrs Andrea Megan for a year and he has proven to be trusted and best broker. I strongly recommend her
I like peter schiff hes very savvy with economics. 🎉
$30 is not a breakout. Gold at $2400 puts $30 as the new floor. We are right. I believe this should be reason for everyone to get ahold of some more while we can.
Silver approaching Australian all time high…currently sitting at $47.00 au….around $3 to go!!
raising interest rate is the biggest prize ever given to the price of precious metals
I sold my silver over 2000 ozs at Christmas for $25 a ounce to a private seller which was good as the dealers were only offering $22 a ounce.
I can't believe it, when I started buying silver in May 2022, the price was $17 - $18 an oz. I'm starting to like it 😊
good job pete, gold and silver are part of the way!
The mining costs are rising even faster than the price of gold. The miners are less profitable than they were when gold was cheaper two years ago.
Look at Silvercrest Metals profit this quarter, not bad at all
Most mining jurisdictions have unstable governments. Mexico is a dumpster fire right now.
Wrong. And you will be even more wrong as gold and silver keep climbing.
I bought junk silver yesterday at $220 for a roll of quarters. I also bought some dimes and halves, roughly $31 per ounce. I bought it at a local coin shop where I have, from time to time, bought as many as 10 or 12 rolls of quarters. I am not charged a premium for clean JFK half dollars. That same role of quarters I bought yesterday, at another local coin shop, was priced at $255, $35.66.
Your premiums, while good, reflect an APMEX level of pricing, not bad but I think I'm sticking with my guy.
I remember Peter saying years ago that it was no use waiting for drops that sometimes never come and that you wouldn't care if your gold or silver coin had been bought a couple of bucks less when it had doubled.
So have been buying consistently for the last 9 years and the dividends have paid up almost every year.
Yes bought my 20 Franc gold Napoleon at 198€ just a few days before Trump got elected and the same coin is now worth 440€.
Even if I hadn't got it exactly right the profit on each coin is extremely nice. Gold always goes up on the medium term and even more on the long. Problem is a lot don't have patience. That's the key to reward.
Delayed gratification. Very few people have it and those who do almost always win.
Melt value of 100 copper pennies is over $3. We may need them to make small change someday.
49 95% Cu cents* is about 4ozs. The Brits use pennies. Our coins clearly say one cent
Hi Ho Silver!
Away!
I've been buying all the dips in the 20s and some of them even into the teens for a while now. It's still wildly undercost at 31 so it's definitely not too late to get some.
In 1979 and 2011 also many economist and experienced analyst and silver trading expert told silver will go to 100 dollars but the prices came to 6 dollars in 2001 and 14 dollar in 2017, this is a market no one can predict any price
I have a bunch of American eagles. I paid $38 ….. wake me when it gets to $50
You’ll be waiting 10 years
There's a markup on eagles, tho I doubt you paid that unless you bought in 2024. Eagles are now going for $40 for physical delivery. I bought a bunch of eagles when price crashed march 2020 to around 12 to 15/oz. Markup on eagles at that time was $10 - $15/oz as there was a severe shortage, so the way I see it, it's really been in the $30-$40/oz range for the last several years
@@MrT4free 🤣 I'm dumping most of my silver now. It doesn't really keep up with inflation, and gains are minimal. Might hang on to a tube of Eagles though.
Don't hold your breath. The shorts will be out next week. The gov will never let the competition to the dollar explode. Believe me, I bought this nonsense 11 years ago at 30 plus dollars an oz and I'm finally even.
@@lamentate07You're absolutely smart for doing this. I'm unloading as well. Bought this bs in 2011 to 2013 ranging from 22 dollars an oz to 45 an oz. I'm finally even after 11 years. This market is a joke. The gov will never let gold or silver run higher than they want it to.
Spot price is one thing, but just wait and see what happens with premiums. I expect 100% premiums at $50 spot, thus $100 for a generic buffalo, or $2,000 a tube.
I've read people are selling now. It just shows how the retail market is irrelevant as far as spot is concerned. All that metal will find its way east one way or another.
All the potential retail buyers in the west are still chasing crypto. As soon as that dies silver will rocket.
@@billp4 heh reality vs fantasy. The East is in reality, the West? Pure fantasy. From the green EV nonsense, to the LGBT crapola, the West is living in a land of confusion.
講的都完全準確！！！我們中國大陸1般城市居民還要大舉買入 實體黃金和白銀！！！
1 oz of Gold used to be 30 dollars. 100 years later its well north of 2000...let that sink in.
Actually gold was $20 and ounce. Now it cost over $2,400.
$10,000 Gold?
Yes! $30! To the moon!
Should be 150.00 right niw,minimum
"How are you going to buy what you need...?" Im not, im going to take it.
You better have a large gang of well armed and trained fighters then. Because otherwise you are gonna get fragged at the first house or business you try it at.
@@Ziegfried82 I have b - alls, which is more than most have. Gives me the upper hand. The rest will be determined by luck, because that's how it goes in reality
Gold and silver beautiful shining metal we all love. It used to be considered money as humans came out of the cave and started to trade and exchange value over the last 5 thousand years. Our forefathers crossed that bridge in 1971 but some people stubornly don't want to cross over, no problem they can live on in that era if they so wish.
Eh? Crossed a bridge to poverty.
According to the gold to silver price chart, silver could go $100.
I started putting stop looses on everything. Even my miners.
Smart.
Peter, can you please discuss the supply side of gold? There is constantly new gold being mined from the earth and salvaged through recycling programs. How can we as prospective gold investors be assured that new gold hitting the market won't push the price down faster than your demand arguments will push it up? Thanks.
Thanks for this, Peter. Please keep doing these. These are free. I pay you $5 a month for....IDK what, but, you deserve that $5 just for your UA-cam stuff. I've been a subscriber for years, and IDK when you will start posing vids on Schiff Sovereign, but, for the record, I've been on Locals for a while and have been sent emails, but none have allowed me to log into to Schiff Sovereign. I'd like you to explain it on a pod cast. Gracias, amigo!
Pete, the issue with buying metals is storage. I don’t have a place to put them or a place I trust.
Cut out sheet rock
Put it in the wall
Patch and paint
Easy
get a masonry drill and drill a hole in your foundation big enough to stuff tubes of silver into and grout over...
@@unidrummer i don’t think my landlord would’ve liked that…
After months of waiting? How’s about a decade?
I think what he meant was months after gold began setting new highs.
Silver hit a close to all time high of $49 in 2011. Been holding and adding before that. "Diamond hands" what is that? Hold my beer, i got this!