Peter Schiff on why misplaced confidence in the dollar and the Fed delayed the move in gold and why he's now calling for $10,000-$20,000.
"There was a lot of misplaced confidence in the dollar and the Fed that I think delayed that move. It happened a lot later than I would have thought. My target is not 5,000 anymore. Now I have to talk 10-20,000 because we've printed so much money since my original 5,000 call that 5,000 now is not the same thing as 5,000 in 2008."
Peter Schiff says gold at $4,000 is just the beginning:
"We haven’t had the dollar crisis yet. We haven’t had a collapse in the treasury bond market.... A lot of things are going to happen before I take that final victory lap and basically say, I told you so."
Peter Schiff accidentally called Solana “Solano” on Threadguy’s stream 😂
"I don’t know. I’m not good at pronouncing stuff. Okay, I got that from my dad."
Peter Schiff launched an Ordinal called Golden Triumph.
"I launched with a buddy of mine, a NFT, an ordinal on the bitcoin block… I called it Golden Triumph."
"It was just an arm holding up a gold bar. Gold is going to triumph over Bitcoin."
Gold is at $4,659 and Peter Schiff is coming on Threadguy's stream today. Here’s what he said last time 👇
"You can buy gold on an app on your phone. The gold will be stored in a vault and you’ll be able to transfer ownership of that gold to other people through the app. You can pay or be paid in gold and redeem it in physical gold."
"The one thing that makes sense to put on a blockchain is gold. It will do all the things that Bitcoin promises but can never do."
Threadguy just realized traders from the dotcom era and memecoin traders are built the same. 👇
"This is literally the pumpfun trenches, 20 people in a room trading new pairs."
"This is deadass Cupsey on Axiom, buying like 8% pre bond."
Threadguy said what every serious trader is thinking about memecoins 👇
"I liked memecoins just like I liked NFTs, Top Shot, sports cards, Supreme. I liked it as much as the next guy when it was the thing."
"If you're an aspiring trader, you just go where the other traders are."
"Just let it go and trade other stuff. There's a time and place for everything."
Threadguy talks about a guy making $10,000,000 a year with a single offer: setting up OpenClaw for people
“You book him, he gets on a meeting with you, and he walks you through how to set up OpenClaw, that’s all he does.”
“Or if you’re a baller like Chamath, you fly him out to your house. He has a package that has the Mac Mini, a monitor, a keyboard, and a mouse, sets the whole thing up at your house, and he’s doing eight figures a year.”
Tulip King explains how a politician could use Polymarket to massively boost funding for their campaign.
"Let's say I'm running for mayor and my odds are 0.5% of winning, I can buy $5k of Yes shares and if I win my payout will be $1M. I can then buy 20 of these $5k positions and hire 20 people and say you now own these shares, and if we can get me elected, these will pay out $1M."
Threadguy breaks down how big Roblox has gotten, saying the top creators are earning at pro‑athlete levels:
“The top 10 creators are making 38 and a half million dollars a year… They are making Patrick Mahomes, LeBron James, Josh Allen, Mookie Betts type of money.”