Peter Schiff

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Peter Schiff on 11/20/2008

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What does it have ... ( 2 weeks ago by da0217)

What does it have to do with how the dollar does? That's what im saying. Yes, chinese are commies and they're currency is worthless. How does that make dollar stronger?

Look out Pete - ... ( 2 weeks ago by kickittome70)

Look out Pete - chumps at your left, cunts at your right

Fuckin a right Gary ... ( 2 weeks ago by kickittome70)

Fuckin a right Gary - Pete saved my ass this year - god bless him

Dude, I learnt a ... ( 2 weeks ago by kickittome70)

Dude, I learnt a horrifying fact yesterday - The US Fed has foreign reserves of $78 billion, the Chinese foreign reserve is - wait for it...... $1.7 trillion. If China start bailing out of their USD position then the US dollar will collapse. There will be a catastrophic run on the dollar. If you're an American - in 2010, you'll be able to feed yourself or put gas in your car or pay your rent or buy medicine - you will have a choice of 1 of these things. Not 2,3 or 4 - just 1. The US$ will die.

The US Fed has ... ( 2 weeks ago by kickittome70)

The US Fed has foreign reserves of $78 billion, the Chinese foreign reserve is - wait for it...... $1.7 trillion. If China start bailing out of their USD position then the US dollar will collapse. There will be a catastrophic run on the dollar. If you're an American - in 2010, you'll be able to feed yourself or put gas in your car or pay your rent or buy medicine - you will have a choice of 1 of these things. Not 2,3 or 4 - just 1. The US$ will die, thus the US will not afford oil or food.sad

He said it coz he ... ( 2 weeks ago by drmnys)

He said it coz he is typical Arrogant American fuck. I know a lot of people who lost a lot of money trusting these lying, corrupt, uber-capitalist fucks.

"Domestic demand in ... ( 2 weeks ago by drmnys)

"Domestic demand in other countries is insufficient without U.S. exports." What rubbish r u speaking. Go to India & see the enormous buying power of the local population. Americans will faint. U r ignorant. The major reason western economies invest outside is to tap into the enormous domestic market in economies like china & India where they know their products will sell more than in their home countries.

peter schiff is my ... ( 1 week ago by gray786)

peter schiff is my hero

Peter Schiff's view ... ( 1 week ago by fruitygumball)

Peter Schiff's view is way conservitive, but he's right. That's why everyone had been denying his point of view b/c it's too painful to accept it and even more difficult to go about it. Americans have been brought up in contrast to what he says - liberal and prodigal. WHat Peter Schiff is insisting is to change American mindset. He wants a revolution, but how will that ever happen. I think it's as impossible task as telling a 200 lbs person to lose 50 lbs of weight.

betty liu is my ... ( 1 week ago by KhmerD0g)

betty liu is my bitch.

Kickittome, US has ... ( 1 week ago by joaharu)

Kickittome, US has complete control of China now. Do you really think that China wants to hold 1.7 trillion dollars of Toilet paper(toxic assets)? Hell no, the US is the strongest military industrial complex in the world. They will force China to be its bitch.
Google Haarp, and weapon modifications. Drones,
nuclear weapons and shields.
It's pretty obvious that the US Alaksa HAARP was behind the Szechuan Earthquake in China.
US also completely owns S.Korea and Japan.

your arguments are ... ( 1 week ago by kickittome70)

your arguments are unfounded, innacurate and smell of desperation. It's funny hearing from a guy trying to discuss complex economic issues whilst using strret lingo like "own" and "bitch" - just try to take your patriot cap off and see things for what they are, rather than how you you want them to be. This is quite common in the states at the moment, and it is a normal human reaction. It's ok - i think you will get over it.I'm an Aussie and I dont want China to be number 1 but it's inevitable

the chinese got big ... ( 1 week ago by Sideshowbobx)

the chinese got big by producing our goods we used to produce ourself, as soon as we can't buy them anylong they can't export anymore and will crash as well. they got the same central banking system as we do, all modeled after Fed/B. of England. they will fail along - chinese currency is backed by US Dollar bills!:D

Schiff sounds sweet ... ( 1 week ago by gaycure)

Schiff sounds sweet on the ears. This is an operation gladio like ploy to leave one of their corrupt inside our ranks to further the _ew world order agenda set by Mayer Amschel Rothschild in 1776. Schiff's great grand daddy Jacob, was raised in a Rothschild estate, later sent to America as another front for the Rothschild's with his Kuhn, Loeb bank and their Jekyll Island 1913 FED set up. Capitalist Jacob Schiff financed bolshevik (aka communist) V.Lenin (Jew) whom killed 30+ million Christians.

Schiff sounds sweet ... ( 1 week ago by gaycure)

You have to be a ... ( 1 week ago by alexftalbott)

You have to be a little suspicious of the great grandson of Jacob Schiff and even Ron Paul espousing a return to the gold standard. Allegedly, J.P. Morgan's demonitization of silver and squeeze on gold which banksters controlled resulted in depression of 1907 and Federal Reserve Act of 1913. JFK attempted to restore Silver Certificates, but his assassination ended the effort. World central banks control 2/3rds of the gold supply. Could going gold be jumping from the frying pan into the fire?

indeed betty is ... ( 1 week ago by dudebud007)

indeed betty is very fuckable !!!

What special info ... ( 1 week ago by joaharu)

What special info do you have that we don't?
And what arguments are you referring to?
China being number one? that won't happen my friend. Miilitary Industrial Complex Lair is in UK, US, and Israel. You think Rothschild will let CHina become number one?
YOu are the delusional one my friend.
YOu have no idea, what kind of weapons the US and British military have in store for enemies.

Very good stuff ... ( 1 week ago by joaharu)

Very good stuff Alexftalbott. I learned about that in the Money Masters. I reccommend it to everybody. Returning to a gold standard is dangerous too.
1. Gold market is already cornered by the Rothschild Banking Dynasty
2. Dilution of the Gold Coin.
3. Does not prevent Bank Leveraging(sharking)
4. The power of tax can easily take away your gold wealth.
5. Britain did not want US colonists to use their own fiat currency. they wanted colonists to use british coins(money master).

Let me start by ... ( 6 days ago by kickittome70)

Let me start by pointing out that Israel is already buttering up to the Chinese. It's funny that you mention the Rothchilds, but they actually finance a good deal of Chinese arms financing in Africa and South America. Israel and China's friendship has grown so much, that the DOD and State are quite distressed and have launched various investigations into the relationship. Weapons? Haarp is a science experiment. Lair?? Your pariotisim is noble, yet off the beam a little. Please do not be immature

Bob, you have a ... ( 6 days ago by kickittome70)

Bob, you have a point. The US economy in collapse will spell a difficult time for China to adjust. The yuan is basically a pegged currency. I suspect the Chinese Gov will unpeg the RMB sometime this year, due to it being terribly undervalued right now. Once this has occured and the US dollar collapsed, the time will be ripe for China to start aquiring disressed US, European owned assets at wholsale prices. This will happen as most of the treasury futures are shorted for a run to the euro/yen

But don't forget ... ( 6 days ago by Sideshowbobx)

But don't forget what fuel Chinas rapit grow: Credit! the yuan is more inflated then the Dollar due to the past 20 years of economic stimulus packets as well as infrastructure build on pump. that also reason for the low value of the yuan - there are to many printed, simple inflation.

The yuan is ... ( 6 days ago by kickittome70)

The yuan is underinflated - when a country has an abundance of foreign capital, dollars, and euros and yen - the local currency will be very strong - stimulus has nothing to do with it. We're talikng about foreign exchange, not monetary policy - they are totally different.

He's right on. 5's ( 2 days ago by kenjams)

He's right on. 5's

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