275: Gold, Inflation and the Banking Crisis: The Outlook for 2024 – Peter Schiff
The Expat Money Show - With Mikkel Thorup
The Consequences of the Federal Reserve's Response to Inflation
This chapter discusses the potential outcomes of the Federal Reserve's response to inflation. They explore the possibility of the Fed printing more money and monetizing government debt to avoid bank failures and defaults on Social Security. However, this could lead to runaway inflation and a loss of purchasing power. They also discuss the impact on Social Security benefits and the reserve status of the US dollar.
TODAY'S CONVERSATION WITH PETER SCHIFF
- Listen to Peter’s take on the most recent trends in the price of gold and how it’s affected by inflation and government deficit spending.
- Hear Peter’s early 2024 election predictions and what it will mean for the U.S. and global economy.
- Find out why Peter fears what I have been saying all along - that when the crisis hits, the government will make it very difficult for Americans to escape. This is why I always emphasize acting now!
- Listen to Peter detail why failing prices, aka deflation, can lead to companies making more money, contrary to the popular opinion of many ‘mainstream’ economists.
- If you think the headlines showing 20% inflation looks bad, wait until you hear Peter’s breakdown of what sort of inflation we’ve really experienced in the last few years.
- Find out why Peter believes the banks are currently in worse shape than they were during the 2008 crisis.
- Will the Federal Reserve continue to attempt to fight inflation or just let the banks fail? Hear Peter break down this no-win situation.
- Hear Peter’s thoughts on why he didn’t get any mention in the film The Big Short for predicting the 2008 crisis. I had never heard him talk about this before!
- Find out Peter's thoughts on some important topics like CBDCs, and a potential gold-backed BRICS currency.
- Lastly, you won't want to miss Peter's predictions on what's to come in 2024 - and how you can best prepare.
OFFSHORE GOLD AND SILVER
Be sure to check out our offshore gold and silver storage service and work with our trusted international precious metals dealer and secure storage provider headquartered in the Cayman Islands.RELATED EPISODES
269:There's Going To Be A Financial Reckoning 261: Preparing Your Investments for the Coming Recession - Rick Rule 242: De-Dollarization and a BRICS Commodity-Backed Reserve CurrencyHOW TO FIND PETER SCHIFF’S WORK
The Peter Schiff Show Peter Schiff on ‘X’CONCLUSION
It was so great to finally speak to Peter Schiff and have him as a speaker at the Expat Money Summit. I have been following his work for years, and I’m so glad I was able to share this important discussion with everyone who attended the Summit and now with you all here today if you missed it then. Peter’s message echoes what I have been saying for years - the time to act to protect your wealth from the financial crisis that is unfolding is yesterday. Whether it’s getting your money into offshore investments or starting the process of acquiring a second passport, it’s essential to stop waiting around and take action. Those who do so will certainly be in a better position in the years ahead than those who sit around doom-scrolling all day. Until next time, I’ll see you all back here next Wednesday!Mentioned in this episode:
Into The Amazon—Then Straight To The Beach
This year, I’m taking a private group into the Amazon rainforest—then we head to Fortaleza and explore Brazil’s booming Northeast coast. Think Amazon river cruises, beachfront developments, and wide-open opportunity. From the heart of the rainforest to pristine beaches most people only dream about—this is bucket-list meets Plan-B strategy. If you’ve ever wanted to see the real Brazil and scout investments along the way, this is it. Go to ExpatMoney.com/Brazil.
Brazil Tour August 2 - 9, 2025
Join Us For Upcoming Live Webinars
Every month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k. If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.
Join Us For Upcoming Live Webinars
Every month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k. If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.
Gold in the Caribbean—No Bank Can Touch It
Fiat is failing. Banks are cracking. And smart investors are moving their gold offshore—outside the system. I’ve partnered with a fully insured private vault in the Caribbean where you can buy, store, and protect physical gold… legally and securely. The entire account opening is done online—fast, private, and no nonsense. If you’re serious about protecting your wealth, get the details now at ExpatMoney.com/gold
Into The Amazon—Then Straight To The Beach
This year, I’m taking a private group into the Amazon rainforest—then we head to Fortaleza and explore Brazil’s booming Northeast coast. Think Amazon river cruises, beachfront developments, and wide-open opportunity. From the heart of the rainforest to pristine beaches most people only dream about—this is bucket-list meets Plan-B strategy. If you’ve ever wanted to see the real Brazil and scout investments along the way, this is it. Go to ExpatMoney.com/Brazil.
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