Man Who Called $3 Trillion Apple Predicts the Next Trillion Dollar Stock

In 2007, he predicted Facebook would become a $100B company.... In 2010, he predicted Apple would reach a three-trillion-dollar valuation.... In 2013, he called Bitcoin -- before it rose 50,000% and ultimately reached a trillion-dollar market cap. And now... This A.I. Genius is stepping into the spotlight to predict the next-trillion stock.

Peter Schiff Points To Disney World Wrist Bands: 'Many Price Increases Never Make It' Into Official Inflation

Bhavik Nair
November 27, 2022

Peter Schiff, chief economist and global strategist at Euro Pacific Capital, has highlighted the effects of inflation using an ‘entertaining’ example. Schiff said in a tweet that many price hikes never make it to the consumer price index and highlighted the example of Walt Disney Co’s (NYSE:DIS) Disney park fee and its wrist bands to explain his take.

Also Read: Brokers For Short Selling

“Many price increases never make it into the #CPI. In addition to a double digit annual increase in admission to Disney World, the park now charges $20 dollars for park wrist bands that were provided free of charge last year. That's an extra $80 for a family of four. #Inflation,” Schiff tweeted.

Disney is going through interesting times. The company brought back Robert A. Iger to lead the company as CEO, succeeding Bob Chapek, who stepped down from his position.

Inflation: The minutes from the Fed meeting released last week indicate that the central bank officials agree on smaller rate hikes going forward. Wall Street had reacted to the news positively. The SPDR S&P 500 ETF Trust (NYSE:SPY) gained 1.19% in last five days while the Vanguard Total Bond Market Index Fund ETF (NASDAQ:BND) gained 0.88%.

Schiff is also in favour of more free market regulation. According to him, there is no need for more government regulation.

“We don't need more government regulation. We need more free market regulation and personal responsibility. Let's end the #Fed, government stimulus, subsidies, guarantees, and bailouts. The #NYSE started in 1792. The #SEC was not created until 1934. We were better off without it,” he tweeted last week in the wake of the FTX saga.

Read Next: Alibaba, Nio Plunge Close To 6% As Unrest Over Xi Jinping's Covid-Zero Policies Pulls Hong Kong Stocks Down

Popular

Stock market today: Asian shares are mixed after Wall Street retreats from all-time highs

BANGKOK (AP) — Asian shares were mixed on Wednesday after Wall Street slipped a bit further from its record highs.

Amazon pours an additional $2.75 billion into AI startup Anthropic

NEW YORK (AP) — Amazon said Wednesday it is pouring an additional $2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billion.

The No. 1 Crypto for 2024 - Ad

It's expected to soar 20X bigger than Bitcoin.

Kansas considers limits on economic activity with China and other 'countries of concern'

TOPEKA, Kan. (AP) — Republican legislators in Kansas advanced proposals Wednesday aimed at preventing individuals and companies from China and other U.S. adversaries from owning farmland or business property, limiting state investments in foreign companies and restricting the use of foreign-made drones.

The No. 1 AI Stock of 2024 (Not Nvidia) - Ad

It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.

Top 2 Real Estate Stocks That May Rocket Higher In March

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks With Over 5% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Chipotle's board has approved a 50-for-1 stock split. Here's what that means

NEW YORK (AP) — In a rare move on Wall Street, Chipotle Mexican Grill's board has approved a 50-for-1 stock split.

Top 3 Financial Stocks That May Plunge In March

As of March 27, 2024, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

A 10,000% Dividend?!? - Ad

Have you seen this strange oil investment? It's NOT a stock, bond, or private company...It has NO age requirements...You do NOT need to be accredited to participate... And you can get in for as little as $25.

Mark Zuckerberg's Meta Accused Of Snooping On Snapchat, YouTube, And Amazon User Traffic Data To Gain Competitive Edge: Report

Meta Platforms, formerly Facebook, is accused of decrypting and analyzing Snapchat user traffic through "Project Ghostbusters" to gain competitive insights, according to unsealed court documents.

The Sneaky (Yet 100% Legal) Way for Obama to Return to Power - Ad

The ONLY way Democrats can keep the White House is to bring back Barack Obama. And there's a sneaky (yet 100% legal) way to achieve this. In fact, this disaster scenario is already underway. See what they're up to, and how you can get ready today.

Vietnamese automaker VinFast to start selling EVs in Thailand

BANGKOK (AP) — Vietnamese automaker VinFast announced Tuesday that it plans to sell its electric vehicles in Thailand and said it had tied up with auto dealers to open showrooms in the country.

Wisconsin Supreme Court lets ruling stand that declared Amazon drivers to be employees

MADISON, Wis. (AP) — The Wisconsin Supreme Court on Tuesday a lower court ruling that declared some delivery drivers for Amazon were employees as the state argued, not independent contractors as the online retail giant contended.

The World's First "$20 Trillion Drug?" - Ad

One small biotech holds the key to a revolution in treating Alzheimer's disease. Jeff Bezos, Goldman Sachs & Big Pharma giants have invested billions into this unknown biotech. Our research proves that anyone who gets in today could see gains as high as 113,000%!

2 crew members die during 'incident' on Holland America cruise ship

FORT LAUDERDALE, Fla. (AP) — Two crew members on a Holland America cruise ship died during an “incident” in the ship's engineering space, the cruise line said.

Trump Media's Stock Rockets 19% In Premarket Ahead Of Nasdaq Debut: What's Going On?

However, skeptics question the valuation's justification, particularly in light of Digital World's significant rally this year.

CRITICAL May 1st Warning - Ad

Jason Bodner is going public today with an urgent new warning. He believes the most popular investment of 2024 is set to pop... And it could all start just days from now. This has NOTHING to do with A.I. stocks... It has NOTHING to do with crypto currency... And it has NOTHING to do with high-flying tech stocks. Instead, this corner of the market you likely have cash parked in has swelled to nearly $6 trillion.

Bank Of America Bullish On AI: Spotlights Top Supply Chain Stocks To Watch

Bank of America has identified key global stocks along the AI supply chain, including several Nvidia suppliers, that are poised to benefit from the AI boom.

The Gold Rush Is Back As It Nears ALL Time High - Ad

Gold stocks, including mining companies, ETFs, and royalty firms, offer investors varied exposure to the yellow metal's further potential after hitting a record high in 2023. With a growing portfolio and an experienced management, this natural resource company may be one of the most strategic entrances into the Bullion Boom.

Little Rock, Arkansas, airport executive director shot by federal agents dies from injuries

LITTLE ROCK, Ark. (AP) — The executive director of Little Rock's airport who was injured earlier this week in a shootout with federal agents serving a search warrant at his home has died.

South Carolina House OKs bill they say will keep the lights on. Others worry oversight will be lost

COLUMBIA, S.C. (AP) — A wide-ranging bill backers say will ensure South Carolina has plenty of electric power passed a key vote Wednesday in the House, but opponents complained it would roll back after a proposed nuclear plant never generated a watt of power.

Put $20 in This Coin Before April 19, 2024 - Ad

The entire crypto market is going to experience a lucrative event on April 19th, 2024. And one coin is set to soar 20X bigger than Bitcoin.

Canada holds state funeral to honor Brian Mulroney, one of its most consequential prime ministers

TORONTO (AP) — Politicians, dignitaries and celebrities joined members of the public on Saturday at a to honor , one of Canada’s most consequential prime ministers who in the 1980s solidified trade ties with the U.S. and spoke out against South Africa’s apartheid.

Top 3 Financial Stocks That May Explode This Quarter

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Bezos and Gates Invest in Search for Tech's Best-Kept Secret - Ad

Billionaires who've made their fortunes in tech, are quietly investing in essential yet rare elements known as "The Seeds of Technology". Learn more about this massive rare earth treasure hunt and the very elements making emerging technologies possible.

Kia invests in new compact car even though the segment is shrinking as Americans buy SUVs and trucks

NEW YORK (AP) — Kia is rolling out a revamped compact car in the U.S. even though sales of small cars are dropping as the nation continues to favor SUVs and pickup trucks.

"Safe" Investors Who Don't Get Out of Cash NOW Could Lose Everything Over the Next Six Months - Ad

The next six months are going to be some of the most precarious times to invest in the history of the United States. Because for the first time, your money is at risk of being completely wiped out, even when you think it is safest. This bubble is on a schedule and to get out before your portfolio becomes shark bait, you need to...

Alibaba scraps planned IPO of Cainiao logistics unit as it doubles down on e-commerce

HONG KONG (AP) — Alibaba Group Holding on Tuesday said it had scrapped in Hong Kong, as it looks to prioritize growing its e-commerce business while facing challenging IPO market conditions.

This Is Where the World's Richest Men Are Putting Their Money - Ad

Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."

Serbians are petitioning against a planned luxury project backed by Trump son-in-law's firm

BELGRADE, Serbia (AP) — An opposition group in Serbia launched a petition Monday against a real estate development project that would be financed by the firm of Donald Trump’s son-in-law Jared Kushner at the site of the former Serbian army headquarters destroyed in a NATO bombing campaign in 1999.

Super-Billionaire Goes All-in on $3 A.I. Stock - Ad

I've been pounding the table on this $3 A.I. stock for weeks now. I believe we'll soon talk about this little-known stock in the same way we talk about Amazon, Tesla, and Nvidia now. This is without a doubt my #1 recommendation to buy today.

One Tech Tip: How to get around Instagram's new limits on political content

SAN FRANCISCO (AP) — Instagram has started an automatic clamp down on the amount of political content appearing in its users' feeds, but there is a relatively quick and easy way to turn off the controls if you don't want to keep the limitations place.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service