Buy the Breakout in Silver 

Everyone’s been preaching investing lately as a source of passive income but with a 70 hour weekly jobs and limited knowledge of financial instruments, how can I actually stay on top of things, I see every RU-vid video saying BUY BUY! But when and how do I sell for profit at the right time?

So how precisely can we protect ourselves from the impending 2024 financial reset? For example, what are the most effective tactics to ensure that our portfolio is resilient to the impending financial crisis? Concerned about my $110,000 stock portfolio

Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions

Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

I never bought silver or gold, but after i tumbled upon one of your video in early 2022, thats wheni started buying gold and silver and now i know a little about economics, especially for a high school drop out. Thank you Peter. You are a national treasure!

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

This is just the beginning 💪🏽

Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024

Jim Cramer will come out and tell everyone to buy silver on Monday and then the price will tank.

The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or saving my earnings to achieve this goal?

Buy when it is hated and sell it when it is loved.

China is bulking up on physical Gold 🇺🇸 America is bulking up on digits on a screen🤣🤣

Even at 31 per oz it's a steal with this worthless money

I remember buying silver in 2011. Paying $850 for a tube of Eagles. Spot was $45 or more. Only to have the FED come in with the help of JPMC to knock the price down over and over to settle at $15 per ounce a few years later.

My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incorporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.

I never thought in 2013 that I would have to wait 11 years for it to pass $30 again.

I had an underground utility business; Storm water, sanitary and water mains but we also did lead service line replacement. When I sold my business to a major competitor I doubled the price on the 1" copper pipe line I had stacked and purchased. So all the copper pipe I purchased made my company worth way more money then I expected!!!!

I think 2400 gold is going to be cheap next week!!!

Put in 20k into various assets last year and flipped into six figures within a few months and still going. I’ve always been an advocate of investing because it has been rather rewarding. I hope to attain financial freedom soon. One more thing, I always look forward to your content brother keep up the good work.

Been stacking silver since 2009. Finally, after all these years, I feel so happy being a gold and silver bug, but at the same time, I feel bad having to bet against my own country's future. I love America, but we are clearly in for a world of pain, and I have to protect myself and my family.

I spent the day playing really volatile stuff but when I saw a 2X gold miner ETF up 6% I was more excited about that. THEN..... I saw silver prices! The time for commodities is NOW!

Long Live Peter Schiff!!! Honest Value Never Fails 💪🙏

the value of metal doesn't change ... it's fiat that disintegrates

Silver is 31.52 at 10:14pm eastern time

I stacked up when silver was $17 an ounce. And saw silver rise to $50. It is still cheap in the long run at $30

Well explained.Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject .....Thanks to Laura Ferguson, the lady you recommended me to.....

So basically we're going to keep this economy going for as long as we can until it literally hits the ground and starts combusting in to flames, this will not be a depression this will be a nightmare financially for everyone because right now when the inflation spikes up like a rocket and the dollar detaches itself from normal levels we're going to be just like Zimbabwe or Germany with wheelbarrows of money for bread. I personally feel like we have maybe 4 to 5 years of somewhat economic transactions with money and debt but after 2030 I think that's when everything will falter and hit the skids. I would buy Bitcoin and buy hard assets like gold /silver as a store of value while also actively trading...The only wild card for us investors is to actively engage the market by trading, we always over complicate things when we speculate. It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

I'm Amazed at how well Peter Schiff explains these issues in Regular Laymen's terms. I have been listening to him for the past 15 years. He has a natural gift to be able to do that. 🤔

I appreciate you sticking to your guns for this long. I have one thousand ounces and I am looking forward to finally hitting one hundred thousand dollars

Adjusted for inflation Silver is super cheap!!

Its second inning. years left in the move.

I WISH YOU A LONG HEALTHY LIFE PETER

I swapped all my gold for silver when it was @120 to 1. The gold I bought in 1999.

Peter was right AGAIN

I save every pre-1982 penny I attain!!! There is 3 cents of copper in every copper penny!!!!

BRICS will announce ditching dollar this October I expect. Gold and Silver will appreciated considerably before it. I am amazed how much Americans are oblivious about international Geo-Politics. 😂

Everyone needs to REMEMBER SOMETHING. All these sellers wait until these new highs to advertise and hard sell their metals. BECAUSE THEY MAX THEIR PROFITS. I bought silver at 33/ounce about 10 years ago because of fear mongering. Still got it, want more. But don't get fooled.

Today was the 6th day in the past 30 that saw the GDX trade over $1 billion in value.. when the institutions step in $1 billion will be a slow day. We're just getting started!

i bought some 2 weeks ago at 27. and today it broke $31 WHAT?!

I bought my 1st ounce of silver way back in 2003 for less than 5 dollars an ounce. I stacked for years after that. I am still holding every ounce I ever bought.

I'm 18, I have been listening to Peter for 2 years and have been accumulating gold, silver, and platinum with my savings at the dips. Opened a brokerage account and bought some mining stocks as soon as I turned 18 😂 only problem is that i can't hold the Physical silver with me because 20% VAT is charged in the UK on every metal apart from gold so I have to keep everything in swiss vaults. Thank you very much Peter Schiff!!! We Avoiding the inflation tax 💯

I have been buying every $1 drop for years. Silver drops from $21 to $20, I buy. Silver drops from $27 to $26, I buy. And if silver drops from $31 to $30 I will buy.

Priced in Australian dollars, silver hit an all-time record high today

I’m so glad I got into the physical Silver market in 2018!and never stopped stacking. Buying Junk Silver for 10 dollars face and American Silver Eagles for 18 bucks with premium. It’s been nice to see I made a good choice.

Been stacking silver since 09. Just started stacking mining stocks. Some miners up 5, 6, 7, 11% today and crickets from the msm.

Be right & sit tight

I dont have enough to buy gold/silver.... so I'll just continue to stack lead, copper, brass, nitro-cellulose, seeds, water, food, meds

Wow.. Peter Schiff Is Right. Gold & Silver Risen in the opening hours for good.

I am not offended by Peter's infonercial here. He has made me a LOT of money. Thank you Peter. (In Feb I heard him speak of the hated junior silver miners. Those he buys. So I bought them too. I am up 35% in 2 months.)

It has to hold on Monday!!

I'm glad I found Peter Schiff about 12-14 years ago. The things he was saying made perfect sense to me, and changed my life in a big way. I mentioned gold to my financial "advisor" at the time and she laughed at me, and then proceeded to try and sell me an annuity. Haha. THANK YOU, Peter Schiff.

Thank you Peter! Very glad to be in complete agreement with you in all areas! Only physical & miners! No 401K. No paper money. Yay!

I started buying silver when spot was at 24 oz and the premiums were 2 or 3 dollars above spot for silver eagles. Glad i bought some

Hey wait a minute…didn’t Janet and Jerome say this is just transitory????

Wouldn't it be something if Dollar Collapses on Juneteenth 😂😂😂

I must have been listening to you almost 10 years now Peter. The most common sense person on finance I’ve had the pleasure of listening to, and funny too! I’ve positioned myself over the last 5 years which I hope will help my family survive. Hopefully this is the real breakout in silver. Thanks again Peter

I just bought seven 1kg bars from Perth mint here in Australia

I bought Silver the day before the Hunt Brothers got busted for price fixing Hoarding bought on Friday aft and Monday it dropped 50% !!!!!! Timing ouch !

bought silver in january, I am happy.

First Majestic Silver went BALLISTIC. I took profits. Thanks Peter. You're the MAN👏👏👏👏

I remember buying monster boxes of eagles, buffalos, phills, roos, krugers, maples, tards (that's mexico), queens and - kings at the latest but my average down is $12 to $14 bucks. I'm around 10,000 physical ounces of .999 and .9999 of silver sovereigns and guess what. I'm already happy with the more then doubling of my fiat equivalent. I truly believe the white metal is going to hit $250 to $500 per ounce, not because of a sovereign debt crisis but because the silver deficit that's already hitting us.

I'm glad that I bought it when it was in the teens. Let's go $50.00 an ounce

We just started stacking silver this year. We had 10 oz delivered yesterday 5/17/24 pre-breakout prices. That order was for 1 oz Maple Leafs. Love it!

I reached my silver stack goal when prices were way cheaper. I do still buy silver, but I have switched to rare 1970's one ounce art bars. Most of the time I have to pay $40-$150 per ounce with this stuff. Sometime you get lucky with "buy it nows", and sometimes coin shop guys don't know art bar prices and you get rare stuff for a few bucks over spot. These bars were low mintage 50 years ago, and most were melted down in 1980 and after. So the "hunt" is fun stuff! Super addictive!

Silver completely blew through $30 bucks. I was impressed. It was as if $39 bucks wasn't even a number. the numerical system goes from $29 to $31 lol. There is no $30.

Thank you Peter I just purchased a new silver cutlery set. Each mouthful tastes more valuable.

Silver approaching Australian all time high…currently sitting at $47.00 au….around $3 to go!!

good job pete, gold and silver are part of the way!

But Silver is the most manipulated ?

Hi Ho Silver!

Hi, I’ve been following you for so long big fan. 3:55 4:16 We can trade in physical if you have a business associated to physical gold like jewellery. I mean if you need 25 kilos of gold in physical for your business.. we can wait for a pullback to buy the required gold in physical. My point although I’m all in gold & silver physical, bought also using the business loan in advance.

I’ve been going and exchanging paper dollars for rolls on nickels for awhile. 75% copper 25 nickel. When you get change set those nickels aside. Pre 1982 pennies as well

Melt value of 100 copper pennies is over $3. We may need them to make small change someday.

$10,000 Gold?

I've been buying all the dips in the 20s and some of them even into the teens for a while now. It's still wildly undercost at 31 so it's definitely not too late to get some.

I bought a monster box of 2008 American Siver Eagles 10/7/2021. Even today, I still can not break even on selling it back to Apmex. With tax, I paid $19,551.96. So, it needs to go up another $2 to over $33 to get my money back... which I will do once it happens. Considering I paid $19.5k two years ago, and can not even break even yet, I got killed on inflation. Should have invested that money in crypto (which I am already heavily invested in and way way up).

raising interest rate is the biggest prize ever given to the price of precious metals

The mining costs are rising even faster than the price of gold. The miners are less profitable than they were when gold was cheaper two years ago.

I bought junk silver yesterday at $220 for a roll of quarters. I also bought some dimes and halves, roughly $31 per ounce. I bought it at a local coin shop where I have, from time to time, bought as many as 10 or 12 rolls of quarters. I am not charged a premium for clean JFK half dollars. That same role of quarters I bought yesterday, at another local coin shop, was priced at $255, $35.66. Your premiums, while good, reflect an APMEX level of pricing, not bad but I think I'm sticking with my guy.

Thanks for this, Peter. Please keep doing these. These are free. I pay you $5 a month for....IDK what, but, you deserve that $5 just for your RU-vid stuff. I've been a subscriber for years, and IDK when you will start posing vids on Schiff Sovereign, but, for the record, I've been on Locals for a while and have been sent emails, but none have allowed me to log into to Schiff Sovereign. I'd like you to explain it on a pod cast. Gracias, amigo!

Spot price is one thing, but just wait and see what happens with premiums. I expect 100% premiums at $50 spot, thus $100 for a generic buffalo, or $2,000 a tube.

I have a bunch of American eagles. I paid $38 ….. wake me when it gets to $50

Peter, can you please discuss the supply side of gold? There is constantly new gold being mined from the earth and salvaged through recycling programs. How can we as prospective gold investors be assured that new gold hitting the market won't push the price down faster than your demand arguments will push it up? Thanks.

Gold and silver beautiful shining metal we all love. It used to be considered money as humans came out of the cave and started to trade and exchange value over the last 5 thousand years. Our forefathers crossed that bridge in 1971 but some people stubornly don't want to cross over, no problem they can live on in that era if they so wish.

Pete, the issue with buying metals is storage. I don’t have a place to put them or a place I trust.

I started putting stop looses on everything. Even my miners.

Thanks Peter, good advice as usual! So I bought a couple of kilos here in Sweden. This market is very poor in precious metals offerings, but I found some from a private guy.

I sold my silver over 2000 ozs at Christmas for $25 a ounce to a private seller which was good as the dealers were only offering $22 a ounce.

Yes! $30! To the moon!

After months of waiting? How’s about a decade?

Absolutely great man Peter Schiff. Thank you for everything!

I remember Peter saying years ago that it was no use waiting for drops that sometimes never come and that you wouldn't care if your gold or silver coin had been bought a couple of bucks less when it had doubled. So have been buying consistently for the last 9 years and the dividends have paid up almost every year. Yes bought my 20 Franc gold Napoleon at 198€ just a few days before Trump got elected and the same coin is now worth 440€. Even if I hadn't got it exactly right the profit on each coin is extremely nice. Gold always goes up on the medium term and even more on the long. Problem is a lot don't have patience. That's the key to reward.

According to the gold to silver price chart, silver could go $100.

I have been pounding the table on your podcast! WTF Peter you e never once answered a question and I have asked at least 3 dude!

I can't believe it, when I started buying silver in May 2022, the price was $17 - $18 an oz. I'm starting to like it 😊

Looks like you guys are coming to get me, I'm a bag holder of silver the last time in ran up in the 2008-2011s. I got a lot of silver oz to offload when it gets a bit higher.

Bix Weir is the only analyst who knows more than Peter about silver

The Late and Great James Dines was adament that silver would eventually surpass the price of Gold.