Schiff Gold Becomes Schiff Silver – Ep 652
The Peter Schiff Show Podcast
Peter Schiff
4.7 • 5.8K Ratings
🗓️ 2 February 2021
⏱️ 47 minutes
🧾️ Download transcript
Summary
*
Big moves in silver outshine modest gains in gold.
*
Robinhood users are the product, not the customers.
*
Government regulators emboldened to act.
*
Watch out for the numismatic bait and switch from precious metals dealers.
*
Elon Musk and Ray Dalio don’t sound like Bitcoin buyers.
*
Elon Musk is wise not to throw pins while living in a bubble.
Schedule your FREE Product Tour at NetSuite.com/GOLD
Invest like me: https://schiffradio.com/invest
RATE AND REVIEW the Peter Schiff Show Podcast on Facebook.
https://www.facebook.com/PeterSchiff/reviews/
SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/
Schiff Gold News: http://www.SchiffGold.com/news
Buy my newest book at http://www.tinyurl.com/RealCrash
Follow me on Facebook: http://www.Facebook.com/PeterSchiff
Follow me on Twitter: http://www.Twitter.com/PeterSchiff
Follow me on Instagram: https://instagram.com/PeterSchiff Privacy & Opt-Out: https://redcircle.com/privacy
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The Petership Show. |
| 0:09.0 | Today's episode of the Petership Show podcast is sponsored by NetSuite. |
| 0:13.5 | The business management software that handles every aspect of your business and is easy |
| 0:19.0 | to use cloud platform. |
| 0:21.2 | You can schedule a free product tour right now at netsuite.com slash gold. |
| 0:28.5 | But the big story of the day and actually of the entire weekend wasn't gold, but silver. |
| 0:36.1 | The other precious metal, heavy demand, retail demand, not just today again, all weekend |
| 0:43.6 | long sparked by the Reddit begaillied, the Raiders Wall Street bets as I discussed on Friday's |
| 0:52.8 | podcast about the Reddit riders now riding silver instead of simply piling into a heavily |
| 1:00.6 | shorted stocks. |
| 1:02.5 | We had a lot of buying in silver, physical silver over the weekend. |
| 1:07.8 | You know, there are a lot of stories about some of the bigger dealers that were running |
| 1:12.2 | out of silver. |
| 1:13.6 | They had posts on their websites that they're out of inventory. |
| 1:18.2 | And so this led a lot of people. |
| 1:20.3 | I guess in the chat rooms to think, you know, they're already running out of silver. |
| 1:24.7 | Remember, these online retailers, they just aren't going to sell silver if they can't |
| 1:30.9 | call their host seller and buy it because they have to buy it from somebody else. |
| 1:35.4 | They're not just sitting on a bunch of inventory. |
| 1:38.3 | They just act as a dealer. |
| 1:40.0 | And so they go and they buy wholesale and then they turn around and sell retail. |
| 1:45.2 | Well, if the host sellers are closed because it's a weekend and they're getting all these |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Peter Schiff, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Peter Schiff and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.