Peter Schiff οn CNBC οn 2008.10.23 аbουt dollar аnd gold
Peter Schiff on 2008.10.23 about the dollar and gold
Peter Schiff on 2008.10.23 about the dollar and gold
Peter Schiff οn CNBC οn 2008.10.23 аbουt dollar аnd gold
{ 25 comments… read them below or add one }
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July 13, 2010 at 5:54 am
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Hats off to you Mr.Schiff!!! You are the man!
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LOL, idiot reporters
Gold at the date of this interview was $742.00
Now $1,137.00
a gain of over 65%
LOOK who the “idiot” is now!!!!! -
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lol amusing comment
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I like how the stout guy acts so smart. If he was a money manager he would have gone bust long ago. Never trust anyone who’s ass is wider than their shoulders….
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Peter Shiff makes sense.
The chick is dumb and hot. I like it!
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yep, the Amero.
its already written into fiscal law, just not named.
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I would quit college if someone would assure me I may possibly talk to these 2 guys from time to time… I would learn way more!! At least some excellent austrian economics instead of keynesian bs
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Again, our F’n media out to ridicule and make fun rather than have a constructive conversation. Ever notice that the media turns it out to be a ridicule session right before they end the interview? Psych warfare right in our own living room. Replacing the media would be one of the first steps to bettering our world around us.
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Where are all the people that were ridiculing us about gold? Gold going up up up…
Dollar going down down down. At a record low vs the Yen.
Given the Fed’s actions, there is no way in hell that the dollar may possibly sustain its headfake rally.
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haha. erin tried to shut peter up. cnbc has to be unrealistically positive
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O no, I don’t reckon that at all. All president candidates are pretty much the same, or at least controlled by the same fund. What I mean is, Bush is a reflection of the American people,which is why he is there in the first place.
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As much as I agree with you that Bush is a b*stard, do you honestly reckon that Gore would have spent less money in wartime if confronted with 9/11? Do you reckon that Kerry would have been less likely to condone the bail out of Wall Street than Bush?
No, what we need(ed) is a Ron Paul. Don’t believe me? Look him up.
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the anchor lady is hot
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That’s just it. I am looking at government debt to GDP ratio. It’s not manageable. Clarify to me how a new president can change that trend. The only way that is possible if Obama stops the ridiculous fiscal spending. And he clearly has no plans to do that. The debt increases, the deficit spending doesn’t stop and the bail-outs will continue. Denial is not a excellent place to be my friend.
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I wasn’t a gold fan either, but I suspect the US dollar will disappear and be replaced with something else tying the US dollar to China or the Euro.
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its what you get when you vote Bush.
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Down boy, down. That scum of a stout host deserves what is coming.
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what’s incorrect with french bankers? :/
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diversify a bit. pick up some other metals and JimRogers suggested agriculture
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I like how obama’s name lends itself to the creation of so many new words.
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Guys, money is whatever people agree is money. it is the most liquid asset one holds, the most desirable. The Federal Reserve Note is used only because we are mandatory, but gold and silver have the best qualities for being money: desirability, durability, portability. Money simplifies trade. Gold and Silver may be the only things people will accept for trade after Obamanomics kick in…
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Vicky85, buy gold AND silver. Also, hold cash (get a sturdy safe), the time may come ATMs do not have cash. I would not advise you to place all your savings in gold and silver, but I am placing 1/2 my savings in gold and silver rounds, bars and coins. Obama the Overlord may not try to confiscate metals á la FDR, because the dollar is not backed up by gold and silver anymore, but one may never know… so don’t say you are holding metals.
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and who is gonna build my toilet in a resource based economy?
But I do like the thought, money is a terrible habit, it is worth discussing indeed =)
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Money is really not needed – it makes fake scarcity. Money only serves to concentrate wealth to the rich. Check out venus project, for a description of resource based economy.
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> I’m turning all my savings into gold bullion
> and we’ll see what happens in 3years good
> luck to us all.Turn 1/2 of it into gold. Don’t be foolish.
And remember, get corporal gold.
You never want to spend all your money. Sure you might lose some money but you need solvency during market interruptions.
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{ 25 comments… read them below or add one }
Hats off to you Mr.Schiff!!! You are the man!
LOL, idiot reporters
Gold at the date of this interview was $742.00
Now $1,137.00
a gain of over 65%
LOOK who the “idiot” is now!!!!!
lol amusing comment
I like how the stout guy acts so smart. If he was a money manager he would have gone bust long ago. Never trust anyone who’s ass is wider than their shoulders….
Peter Shiff makes sense.
The chick is dumb and hot. I like it!
yep, the Amero.
its already written into fiscal law, just not named.
I would quit college if someone would assure me I may possibly talk to these 2 guys from time to time… I would learn way more!! At least some excellent austrian economics instead of keynesian bs
Again, our F’n media out to ridicule and make fun rather than have a constructive conversation. Ever notice that the media turns it out to be a ridicule session right before they end the interview? Psych warfare right in our own living room. Replacing the media would be one of the first steps to bettering our world around us.
Where are all the people that were ridiculing us about gold? Gold going up up up…
Dollar going down down down. At a record low vs the Yen.
Given the Fed’s actions, there is no way in hell that the dollar may possibly sustain its headfake rally.
haha. erin tried to shut peter up. cnbc has to be unrealistically positive
O no, I don’t reckon that at all. All president candidates are pretty much the same, or at least controlled by the same fund. What I mean is, Bush is a reflection of the American people,which is why he is there in the first place.
As much as I agree with you that Bush is a b*stard, do you honestly reckon that Gore would have spent less money in wartime if confronted with 9/11? Do you reckon that Kerry would have been less likely to condone the bail out of Wall Street than Bush?
No, what we need(ed) is a Ron Paul. Don’t believe me? Look him up.
the anchor lady is hot
That’s just it. I am looking at government debt to GDP ratio. It’s not manageable. Clarify to me how a new president can change that trend. The only way that is possible if Obama stops the ridiculous fiscal spending. And he clearly has no plans to do that. The debt increases, the deficit spending doesn’t stop and the bail-outs will continue. Denial is not a excellent place to be my friend.
I wasn’t a gold fan either, but I suspect the US dollar will disappear and be replaced with something else tying the US dollar to China or the Euro.
its what you get when you vote Bush.
Down boy, down. That scum of a stout host deserves what is coming.
what’s incorrect with french bankers? :/
diversify a bit. pick up some other metals and JimRogers suggested agriculture
I like how obama’s name lends itself to the creation of so many new words.
Guys, money is whatever people agree is money. it is the most liquid asset one holds, the most desirable. The Federal Reserve Note is used only because we are mandatory, but gold and silver have the best qualities for being money: desirability, durability, portability. Money simplifies trade. Gold and Silver may be the only things people will accept for trade after Obamanomics kick in…
Vicky85, buy gold AND silver. Also, hold cash (get a sturdy safe), the time may come ATMs do not have cash. I would not advise you to place all your savings in gold and silver, but I am placing 1/2 my savings in gold and silver rounds, bars and coins. Obama the Overlord may not try to confiscate metals á la FDR, because the dollar is not backed up by gold and silver anymore, but one may never know… so don’t say you are holding metals.
and who is gonna build my toilet in a resource based economy?
But I do like the thought, money is a terrible habit, it is worth discussing indeed =)
Money is really not needed – it makes fake scarcity. Money only serves to concentrate wealth to the rich. Check out venus project, for a description of resource based economy.
> I’m turning all my savings into gold bullion
> and we’ll see what happens in 3years good
> luck to us all.
Turn 1/2 of it into gold. Don’t be foolish.
And remember, get corporal gold.
You never want to spend all your money. Sure you might lose some money but you need solvency during market interruptions.