Peter Schiff

speaker

2,243 appearances 9 recordings 7 series first heard Apr 2025 last heard 26 Jun

Peter Schiff’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 8 in all, peaking in Jun 2026 with 3.

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And I ended up selling it.

coincidentally, near the highs in 1980.

Because gold went from $35 an ounce in 1970 to $850 in 1980.

So in the middle of that run, I took my bar mitzvah money, because I probably got bar mitzvahed in 1975, 76.

And I took my bar mitzvah money and I bought gold.

And then I sold it to buy my first car.

which I was a senior in high school.

What kind of car?

It was an MGB convertible.

Nice.

Yeah.

So, although it broke down all the time and I didn't, I bought it.

It was a stick shift.

I didn't even know how to drive a stick, but I wanted that car.

So I had to figure it out as I was going along.

So I happened to get out of gold, you know, near the highs because then gold went into a 20 year bear market, right?

From 1980, when gold hit 800,

It was, you know, bottomed out at 250 in 2000, 1999, 2000.

But that's about when I started recommending it.

So I got into the brokerage business in the 1990s and I was a stockbroker.

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