I like Peter Shiff. ...( 1 month ago by Bankingcartel)
I like Peter Shiff. He isn't trying to rob people with toxic paper like most banksters and private institution.
Peter Schiff has ...( 1 month ago by Wittmann73)
Peter Schiff has the ability to be spot on mostly, I would listen to that guy
Lol the dollar is ...( 1 month ago by Itsnotthisitsnotthat)
Lol the dollar is going to collapse, it's only a matter of time.
God Fuck'n Damn!... ...( 1 month ago by sayfaylo)
God Fuck'n Damn!...Peter must be saying to all those fuck'n critics and C minus economic and business majors..."I TOLD YOU FUCK'N SO!!!" "Biatch!!!"
Probably because ...( 1 month ago by sayfaylo)
Probably because those two morons on the left didn't really have a firm understanding with economics...Then it make you wonder...How the hell did they get that job?!...And they're the ones that are suppose to direct you in the right direction on what and how to invest?!?!
Save the tape lol.( 1 month ago by cmdreno)
Save the tape lol.
go to GOOGLE VIDEO ...( 1 month ago by golcynski)
go to GOOGLE VIDEO and search for OUTFOXED truth about FOX
That could be true, ...( 1 month ago by golcynski)
That could be true, but I do like him and put faith in him. The bailouts are going to bite us back, and what OBAMA the faken change guy voted for the BAILOUTS, YES precious the change is coming and its going to be a biatccchhhh
Of course he is a ...( 1 month ago by FATToney12)
Of course he is a Ron Paul supporter. He was his economic advisor for many years. LOL!
Peter Schiff said ...( 1 month ago by Jacobrester)
Peter Schiff said back in June that the dollar would collapse by October of 2008 and commodities would skyrocket because of this. He said gold, which was at $950/ounce in June, would reach $1200/ounce by October of 2008. When he said the dollar would collapse, it was sitting at 70 on the index. What has happened? The dollar index is now 88. The price of gold has fallen to $776/ounce, and commodities have collapsed in prices. He doesnt seem to accurate to me.
The reason gold is ...( 1 month ago by cooll6)
The reason gold is down and the dollar is up is because foreign companies/ citizens are buying american assets, at low prices because the fall of prices. The only way to buy american assets is in dollars, there for foreigners must hold T-bills this is what is keeping the dollar up. However once foreigners reject the dollar we will see hyper-inflation.
where the f* do i ...( 1 month ago by colacocala)
where the f* do i buy golds? ive 8k how da f* do i convince my mother to do so? she has 70k in total
For God's sake.... ...( 1 month ago by Jacobrester)
For God's sake....leave your mothers money alone. Tell her to keep it in a CD. Gold is a suckers bet.
According to ...( 1 month ago by Jacobrester)
According to several of my financial newsletters, the dollar has risen because massive amounts of capital has left the Euro and Pound, due to anticipated loan defaults by Central and Eastern Europe. These massive loans, which 45% of them were made by the EU and UK, are expected to be defaulted on very soon. Thus people with money in European currencies have been flocking to the dollar.
I would argue that ...( 1 month ago by TVause)
I would argue that the drop in gold prices is artificial and simply a result of government intervention. This however is only putting off the inevitable; gold prices will, in the long run, go up.
Buy gold coins from ...( 1 month ago by TVause)
Buy gold coins from coin shops. You will typically save more money on larger purchases and bigger coins. Kruggerands are alawys a good choice. Just make sure you have a safe.
I have heard the ...( 1 month ago by Jacobrester)
I have heard the gold bugs say that since the early 1990's. It has never got close, and in my opinion, it will not anytime soon.
it will go higher, ...( 1 month ago by clev9980)
it will go higher, but ultimately the very wealthy and govts control the majority of it...thus control the price..the average person will get burned in physical gold.
OMG these fucking ...( 1 month ago by DNATS)
OMG these fucking morons keep mocking him....grrrrrrr
ok- only 28 days ...( 1 month ago by llazy1)
ok- only 28 days left for his prediction of gold at $1200 by the end of the year. Since oil has collapsed to $47, then by his figures, gold should now be at $470 an oz.
Get your fucking ...( 1 month ago by VirginiaTagz)
Get your fucking gold people!!!
Now citigroup is ...( 1 month ago by narutofan1108)
Now citigroup is predicting this.
I know. He's trying ...( 1 month ago by narutofan1108)
I know. He's trying to warn people & they laugh at him.
Commodities like ...( 1 month ago by zoroab)
Commodities like corn zinc and gold(it is the same) have fallen 60% from their peak ,the most since the great depression. The only reason why gold has only fallen 30% is that some idiot doomers gold bugs buy it in order to be prepared for the end of the world. Peter Schiff has lost a lot of money this year. Even more than these "crazy" managers he makes fun of who invested in dollar assets.
YES precious the change is coming and its going to be a biatccchhhh
He said gold, which was at $950/ounce in June, would reach $1200/ounce by October of 2008.
When he said the dollar would collapse, it was sitting at 70 on the index.
What has happened?
The dollar index is now 88. The price of gold has fallen to $776/ounce, and commodities have collapsed in prices.
He doesnt seem to accurate to me.
how da f* do i convince my mother to do so? she has 70k in total
Gold is a suckers bet.
Thus people with money in European currencies have been flocking to the dollar.
Since oil has collapsed to $47, then by his figures, gold should now be at $470 an oz.