peter schiff says not to fast. we have the ultimate debate at 2:35. one are you buying bitcoin or gold? tweet me: @cvpayne we'll i'm still on twitter. market resolve has been amazing especially the high flying stocks. the question when do you take profits? how do you know? we have some answers next. metastatic breast cancer is relentless, but i'm relentless every day. and having more days is possible with verzenio, proven to help you live significantly longer when taken with fulvestrant. verzenio + fulvestrant is for women with hr+, her2- metastatic breast cancer that has progressed after hormone therapy. diarrhea is common, may be severe, or cause dehydration or infection. at the first sign, call your doctor, start an anti-diarrheal, and drink fluids. before taking verzenio, tell your doctor about any fever, chills, or other signs of infection. verzenio may cause low white blood cell counts, which may cause serious infection that can lead to death. life-threatening lung inflammation can occur. tell your doctor about any new or worsening trouble breat

in fact in outflows from coal the has now poured into big quite so clearly not something that peter schiff will like it here but we call it quite digital gold for a reason it's completely fungible like gold but it's also way more affordable durable divisible verifiable censorship resistance and scarcer than gold it's also just as durable and way more decentralized. the newly signed historic trade deal the regional comprehensive economic partnership made up of 15 asian states including trying to is the world's largest trade agreement the deal which accounts for 30 percent of the world's population and makes up a combined 26.2 trillion in g.d.p. it excludes the world's largest economy the united states what many are calling it a blow to the u.s. and a huge geo political move for china we asked a host of economic professor richard wolffe how big this deal really is and the prospect of president elect joe biden rejoining the transpacific partnership agreement. or what we call the world trade and no one here will work we are. all economy. we're all in there a lot will cherish. what the nation.

exist and i suspect loads larger and so you know it's not really crass that our staff people like peter schiff ok i understand it's a cold fan and he doesn't like decline but he never mentions the fact that gold is a captured market that doesn't have true price discovery just pass a spec going so it's a same place remarkably intellectual a you know bereft of any rail analysis here yet is overwhelming and the banks are pleaded guilty to manipulating the market multiple times they've paid. hundreds of millions of i'm just not billions and nothing has been no nobody's going to jail nothing changes for them it's across a big us. i mean they're doing 5 yet is the cost of doing business and the and let's talk about the national debt is not $21.00 trillion dollars which is more than the g.d.p. some economists are saying we need even more debt usually when a debt goes a pot of g.d.p. at that's generally a bad sign lawrence yes very much so i mean if you look at just real countries that have got into a position you know unless they're able to quickly balance their budget which aggressive we're going th

everything is moving higher, you cannot tell us it is not, peter schiff just posted something a change into six months about the price of fresh fruit and vegetables in florida jumping 50%. what should we gleam from that and what if the federal reserve decide it will make a move that makes the bond market. >> i don't think the federal reserve will decide or telegraphed anything right now in the december statement they were very clear about the criteria on which they would raise the federal funds rate and began to tear back the bond purchases. i don't expect jerome powell to say anything different until we see what happens with the fiscal stimulus. on the inflation rate, the difference between tips which are treasury inflation securities and the nominal bonds, you can see what the market thinks inflations going to be it takes is going to be 2%. it looks like inflation will creep up by april and we will be looking at 2% year-over-year and maybe move higher than that and that's with the fed's target is, i think the fed is much closer to hitting their inflation target then they would be sig

the most vocal bitcoin bear out there may be peter schiff. you know what? call him enemy number one. you've got to listen to my newest everyone talks to liz podcast episode. why he's so bearish and why he says bitcoin will fail. you can get it everywhere, wherever you find your podcasts. the dow jones down 105. stay tuned, we're coming right back. ♪ this is my granddaughter... she's cute like her grandpa. voya doesn't just help me get to retirement... ...they're with me all the way through it. voya. be confident to and through retirement. - i'm norm. - i'm szasz. [norm] and we live in columbia, missouri. we do consulting, but we also write. [szasz] we take care of ourselves constantly; it's important. we walk three to five times a week, a couple miles at a time. - we've both been taking prevagen for a little more than 11 years now. after about 30 days of taking it, we noticed clarity that we didn't notice before. - it's still helping me. i still notice a difference. prevagen. healthier brain. better life. [ sigh ] not gonna happen. that's it. i'm calling ko

legacy guys like the tulip mania, dennis gartmans or nouriel roubini or the gold entomologist, peter schiffys have been wrong for months and years and decades even. so i have to give jamie dimon props. the institutions are here. charles: all right. well, you know, those guys come on the show too. i understand they have their opinions but to your point bitcoin now has taken off, it has captured the imagination after large swath of this country. every day a large name on wall street joins in so where does it go from here, jason? >> i think we have an interesting phenomenon going on. if you stack rank by market cap major companies, listed companies and you add metals to it you're watching bitcoin take out these household names one by one. recently bitcoin took out berkshire hathaway. if you see bitcoin reach jpmorgan jpmorgan's target of $140,000 of bitcoin, talking about a market cap of 2 1/2, $3 trillion, you would essentially eliminate, you would be eliminating apple and facebook and saudi aramco and microsoft. it would be amazing. silver, et cetera. charles: right. all right. jason, thanks