Comments by "Edward McLaughlin" (@edwardmclaughlin7935) on "Peter Schiff" channel.

Yes Tucker, it's every bit of it planned and every bit as crazy as it looks.
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Good to hear that phrase used here: 'post-Covid'. Now we need to get 'post-criminal lockdown'.
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I'm just hoping that those first two questions were put up there in the full knowledge on the part of the interviewer, that they needed to be asked so that they could be seen to be shot down - that they weren't put in any serious sense.
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@ceoatcrystalsoft4942 I'm referring to the criminal lockdown. Your comment seems to be directed elsewhere.
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Surely, the US just wants out - its tour of duty done and time to pass it over? What I find amazing is that so many investment professionals have taken so long for it to dawn on them that there is to be no fight and that in fact, end-game inflation is the decided route that has been selected? Or - perhaps most frighteningly - they know full well and are confident that they can safely ride the mad-lucrative wave right up to the last second, then pull-out optimally, watching the crash in the rear-view mirror? Anyway, once again, Mr Schiff is a reminder that not all has gone bonkers in this world.
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Joyce Koch The problem in waiting for all the results to come in before making a decision, is that whatever you decide on is either sold or massively marked-up. Crash is on its way and what holds up best is yellow and shiny. Think Weimar.
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@lvpatfleming7465 Immediate? Just look at what is going on around you and sit there and watch your savings walk out the door if you like. Your 1930s example: "no we're fine let's just wait a bit longer while the market is running red........oops"
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@lvpatfleming7465 You are doing what many think doesn't need to be done. Best of luck.
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"...even though we don't see a recession..." Mr Brenner is happy to view things through a very murky CPI glass. He seems similarly contented to ride shotgun with the Fed', the hope of which is that no-one will notice they are being robbed by the stealthiest tax there is: inflation.
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This is all great except for one major flaw that's very widespread right now: 'the pandemic' is credited with having brought the economy to its knees. The pandemic has not and never could have had that effect. Yes, the economy (economies everywhere...almost) has indeed been brought to its knees, but by the inordinate and totally ineffective lockdown regimes. 'Lockdowns have one result: they make poor people poorer.' They do not save one life, in fact, they add to the total of those who die from infection, those who lose their lives as a direct result of lockdown. I'm no virologist so that's why these are not my observations. The WHO's David Nabarro provides the quotation above. The eminent scientists who gave us the Great Barrington Declaration back up this also, and more.
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Embedded ideology is now at play in the market; ie, a lot of 'traders' are the product of the narrow version of economics that is purveyed by the major colleges. It's basically Keynes or higher Keynes. It's hurting so many sensibilities, but the truth of gold cannot be held indefinitely. When the penny drops in the heads of these people, things are going to turn very quickly on a massive scale.
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...and now PacWest.
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Garrett Reihs I'm no expert but the way I've come to view things, what with the dreadful mess that is being forced on us all, is that my savings are being taken away if I leave them as numbers on an account statement - simply spirited away. The answer is in buying something tangible that stays where it is while all else falls to rat shit. Keep just enough cash so that you don't need to cash anything to pay bills, but put the bulk out of reach of the system and if things go as is looking likely, the pawn shop's boarded-up but you are fine. All a bit prep' sounding perhaps but..........
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@geekonomist I'm interested. Please elucidate: more than one craze going on, so which one? In what way is Tucker and instrument of said craze?
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