Comments by "raw beef" (@-whackd) on "Peter Schiff" channel.

  1. Yep, Peter has predicted 23 of the last 2 recessions!
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  2. Yep, just claim Bitcoin is going down to zero every day. Amazing prognosticator.
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  3. All the US had to do was be the least worst major currency. It wasn't hard to be better than the euro or yen last two decades.
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  4. I think you misunderstood his point a little bit. He is trying to forecast. He was saying that it's very unlikely there will ever be a situation where there is no trade between the US and China (because they were talking about food self sufficiency) unless something happens like a war with Taiwan, probably. Then, in that type of situation he believes the US would be blockading ships going into China from off the coast of China itself, and all sorts of goods from around the world wouldn't get in. It's a forecast of what would happen in a war over Taiwan. You can tell from this, that he believes if there is no war, then actual trade will continue between the US and China.
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  5. He's just doing the same speech he's done for 30 years about the US dollar collapsing "soon"
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  6.  @alexfeldblioum2145  lmao 10 year bubble with zero real technology here, right programming expert?
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  7. Peter Schiff has an incredible investment record of ten years bagging on Bitcoin and promoting gold. Lmao
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  8. Peter should know that value is subjective since he's read the Austrians. Peter Schiff gets attention because he correctly uses Austrian economics, except when it doesn't suit him, then he says gold has intrinsic value.
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  9. Who is doing that? We don't want capital gains taxes so no.
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  10. Nah nah, crypto is doing great this year. Everything is up beyond 200% year to date. Much better than gold that is making people poorer every year because it doesn't outpace inflation LOL!
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  11. Apparently my ancestors were from Hungary. I can't wait to visit Buda Pest and be around people who walk, have culture, and less fat hog women!
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  12. Hm, well my Bitcoin and Ethereum have done okay since last year. Good thing I sold a lot of silver for them.
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  13. Yes, Peter Schiff was right by recommending gold for the last decade that is up 4%, vs Bitcoin that is up over 10000% in the same decade. Because it went down from an all time high recently. You're a genius.
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  14. Peter Schiff is so out to lunch. Recommending Tesla accept gold as payment? People are ordering their cars from a WEBSITE
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  15. What happens if you disrupt my power supply? You sound like an ignorant boomer who hasn't even bothered to open a wallet, therefore you don't know how bitcoin works.
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  16. Peter loves Bitcoin so much based on how much he talks about it
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  17. It's really easy to send a bunch of police to banks and vaults and then control the majority of the gold. Basically every country did this.
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  18.  @alexfeldblioum2145  Woosh. Okay, I know who I'm talking to now. Last reply. Peter has predicted a crash every year of his career, that's what that means.
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  19.  @alexfeldblioum2145  He's been right from day one that Bitcoin is going to zero even though it never went to zero, it went the exact opposite way and was the best performing asset of the decade. Okay.
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  20. Peter Schiff has said Bitcoin is going to zero since 2014. It's on record as the worst performing call ever. He maintains he is right despite Bitcoin going from the hundreds to the tens of thousands (currently over 30k USD)
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  21. Tokenizing a physical asset gives you all the problems that we don't want, like political risk. All of these gold vaults or other physical commodities get taken by governments.
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  22. Tokenized gold doesn't exist due to political risk. Any type of gold-money company that gets big, gets some regulators shutting them down.
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  23. Peter talking about technologies he doesn't understand again. Have Andrej Karpathy, the head of the Tesla AI team on, to teach you about TaaS.
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  24.  @theTeflonDon1  Public school teachers were not taught any school of economics. Schools don't even teach you basic home finance or about student loans. Schools indoctrinate you about how bad America and whites are. For the last few years, the youth have also been learning about how it is toxic to be masculine.
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  25. China relies on seas patrolled by the US to get oil and natural gas from the Persian gulf, which they are dependent on. They are also a net food importer.
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  26. Both Bitcoin and gold have value because people believe they have value. Welcome to Austrian economics.
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  27. Yeah, just keep listening to Peter Schiff for ten more years while I accumulate cryptocurrency. The 2030s are definitely moving to trading rocks instead of digital money.
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  28. Go buy some 3 year old apple and pear trees, 2-3 each. You'll get hundreds of pounds of fruit in 2 years and over a thousand the third year.
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  29. Real Vision Financial is a pretty good deal
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  30. Gold didn't go up at all, it fell if you include inflation. It was almost the worst investment of the last decade. If someone stuck with the S&P they would have demolished the returns from gold, and those returns were nowhere near as good as Bitcoin.
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  31. I think your problem is that you don't understand how Bitcoin works, so you're asking retarded questions that would be really apparent to you if you just spent an hour figuring out what it is.
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  32. Yeah, Tesla is the worst performing company ever and gold investors with their 10% yearly gains are all geniuses. Let's pat ourselves on the back for remaining poor. Peter Schiff style investing!
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  33. Yeah great investment record the past ten years on Bitcoin vs gold lmao
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  34.  TheGenZGuy  Crypto and TSLA, plus increase your income and learn about househacking
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  35. Roll overs aren't part of QE according to the fed. So the Fed says they will stop expansionary asset purchases, but they didn't say they won't continue to carry over the debt on their balance sheet.
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  36.  @tarstarkusz  Both the Fed and the SEC said they can't make Bitcoin illegal, so no. It's too big of a decision for an unelected branch and they don't want that weight on themselves. It's possible for Congress to introduce a bill banning centralized exchanges in US territory, but even that isn't politically tenable in the US. People who think its going to be banned in the United States live in a fantasy world where Bitcoin Futures arent already listed on the CME, and several companies built on Bitcoin are not already public. Besides, exchanges have been banned in Nigeria and crypto use has only gone up there. China has banned some exchanges and I still do commerce with the Chinese in Bitcoin. We just do it p2p instead of using centralized exchanges.
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  37. Crypto people who made money vs gold people who didnt make money over the last decade.
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  38. Never selling.
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  39. Peter Schiff on his 30 year old speech about how the US dollar will collapse soon. I hope he lives long enough to reach "soon".
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  40. We also know the US can just seize t-bills because of Russia in the last year.
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  41. You could be using Brave, cryptocurrencies like Monero, and other ways to protect your digital and financial privacy.
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  42. They published a paper on CBDC research and said that it would have to be something introduced and passed by the Congress.
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  43. Dude talks about bitcoin for almost half of his show... Lol.
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  44. It was spent on all the government programs that make Americans have world class public school educations, health better than any other country, and amazingly fast infrastructure.
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  45. Cool "bubble". Peter has been calling it a "bubble" since 2014. He has been saying the bubble will pop and Bitcoin will go to zero for almost a decade now, which makes him on record for one of the worst calls of the century. Bitcoin has gone from hundreds of dollars to tens of thousands in less than a decade. Imagine getting a call that wrong.
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  46. Is he Jewish?
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  47. China is old. Its population is decreasing, and probably has been for years but we don't know real demographic statistics. They have the absolute worst demographics and they are nationalists so therefore won't fix their population problem with immigration, like the US will. Their young people are laying flat and there aren't that many of them anyway. How we take advantage of this in Canada is, we are taking in 500,000 young immigrants per year, most of them seem to be Indians and Filipinos. Quite a lot of Sikhs. They work hard and make up for our old fat retarded boomers retiring, and our sensitive gay gen-z.
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  48. Why would people go to Peter Schiff for Bitcoin news when he is not an expert on Bitcoin and has lost out on 100000% gains by never understanding Bitcoin?
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  49. Peter is a broken record that if you follow, you lose money. Imagine listening to him and buying gold over bitcoin and Ethereum a few years ago. Ouch.
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  50. Yeah wish I was buying bitcoin instead of gold when I first started listening to Schiff. Oh well, I eventually educated myself about the technology
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