Peter Schiff
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Peter Schiff (by 6x6 [TN]) Sep 7, 2021 12:20 PM
       Peter Schiff (by Ray-N-Pa [PA]) Sep 7, 2021 10:29 PM
       Peter Schiff (by 6x6 [TN]) Sep 8, 2021 12:27 PM
       Peter Schiff (by Sandy [CO]) Sep 11, 2021 10:33 AM
       Peter Schiff (by 6x6 [TN]) Sep 11, 2021 11:43 AM

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Peter Schiff (by 6x6 [TN]) Posted on: Sep 7, 2021 12:20 PM

YouTube video:

Peter Schiff talks inflation, market crash and Great Reset

Peter Schiff (by Ray-N-Pa [PA]) Posted on: Sep 7, 2021 10:29 PM

I offer you a challenge 6er.....

What is the bigger threat to your wealth...

1) Investing at the wrong time - buying at the peak and having to wait for the market to rebound several years later.

2) Waiting for that peak to occur and keeping your cash at your side, so inflation cuts into it a few percent every year.

Feel free to pick a couple of real estate data points like 2008 and now. Maybe the 1991 crash or maybe the year 2000 and run the numbers.

See if you should invest and wait or wait to invest?

I am not a fan of the Price Earning numbers in the stock market right now.......but money tied up is money not spent.

Peter Schiff (by 6x6 [TN]) Posted on: Sep 8, 2021 12:27 PM

Thank you Ray, I will work on this.

At the moment I feel like #2 is the biggest threat.

Peter Schiff (by Sandy [CO]) Posted on: Sep 11, 2021 10:33 AM

6x6, thanks for the link.

This is my take on things,

When will the government learn? All anyone has to do is look at the low income housing experiment in Chicago, that was a big fail.

Look up Cabrini-Green if you're interested.

Cabrini-Green ended up being one of the most dangerous places in Chicago. Shootings and deaths everyday. The police wouldn't even go in there. It was literally a war zone. It was finally torn down. And now the gov't is going to do it again.

It brings to mind a quote attributed to Einstein, "The definition of insanity is doing the same thing over and over and expecting different results."

Anyway, I believe free housing takes away people's dignity. It takes away their rights. They lose all sense of working, contributing, meaning. And many fall down a deep hole of depression or they act out in violence or illegal activity. It strips people of their sense of connection to the rest of humanity.

I appreciate Peter Schiff for trying to get the word out and bringing clear thinking on these issues.

Thanks again for the link.

Peter Schiff (by 6x6 [TN]) Posted on: Sep 11, 2021 11:43 AM

Thank you Sandy, I agree.

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