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Peter Schiff

šŸ‘¤ Speaker
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4131 total appearances
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Appearances Over Time

Podcast Appearances

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

Well, how is that different from buying gold?

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

Well, I don't know a lot of people who got rich buying gold, right?

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

Well, I've done really well, just being honest, and so have you.

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

Okay, we've tripled our money.

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

I'm talking about people who bought Bitcoin for a dollar, and now it's $90,000, right?

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

You're talking about people who put... Okay, so it's a big run-up, but it's the same.

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

Right.

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

But there is a big difference.

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

And I'll get to that in a minute.

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

But the people who have made money in crypto, right?

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

They bought it at a very low price.

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

And now other people...

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

are buying it at a much higher price, believing that they're going to be able to do the same thing.

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

There are people who are buying Bitcoin now at $90,000, whatever it's at.

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

They're buying it because they think it's going to a million.

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

They think they'll be able to sell it at a million.

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

And of course, the only reason someone's going to buy it at a million is because they think it's going to 10 million, right?

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

So it's all this greater fool theory.

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

But why is it different from NVIDIA or any stock?

The Tucker Carlson Show
Peter Schiff on Gold’s Dominance Over the S&P and the Plot to Stop You From Noticing

So NVIDIA, right?