Peter Schiff - Dollar Vulnerable To A Massive Collapse, Buy Gold & Silver
By Greg Hunter’s USAWatchdog.com
Money manager Peter Schiff says, “The stage has been set for a currency crisis and a sovereign debt crisis, and they’re going to come relatively soon.” Schiff says the latest round of “unlimited” money printing by the Fed has only “postponed the collapse.” Schiff, who recently wrote a book called “The Real Crash,” thinks, “The longer we wait, the worse it’s going to be.” So, why don’t politicians do something to stop the collapse that many know is coming? For one thing, Schiff says, “The political backlash will be enormous. . . . Nobody wants to be the messenger who gets shot because of the message.” There is going to be a crisis dead ahead because, according to Schiff, “The dollar is vulnerable to a massive collapse . . . buy gold and silver.” Join Greg Hunter as he goes One-on-One with Peter Schiff, the CEO of Euro Pacific Precious Metals.
http://usawatchdog.com/peter-schiff-dollar-vulnerable-to-a-massive-collapse-buy-gold-and-silver/
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Wonder how many people know this douchebag works side by side with a known former bilderberg member?
And its no surprise he is telling you to buy gold as he owns a business selling gold. How this is even legal is beyond me.
How is printing trillions of dollars and inflating the world with them legal, is beyond me.
What evidence do you have about your Bilderberg statement?
he/she has none. Just another commentard.
Agreed. Schiff is in the same pot of snake oil salesman such as… Gerald Celente, Lindsay Williams and Max Keiser…
Schiff is CEO of Euro Pacific Precious Metals… of course he wants you to buy Gold…
These Gold and Silver speculators crack me up. Do they honestly think if the world economy collapses that people will be using gold and silver. Unfortunately for most the only economy will be a gun. I will pray for as many people as possible will see the light and get saved soon.
What nonsense. The dollar cannot “collapse” as long as the IRS accepts it as payment for taxes. According to Modern Monetary Theory, Fiat Money = Credits Towards Future Tax Obligations.
BUY GOLD/SILVER!
If there is a limited amount of both, are you really purchasing the actual metal, or just buying certificates that say you have it? You can’t eat gold/silver. Do you actually have usable/exchangeable amounts on hand? If the the doom and gloom becomes real, and the dollar is worthless, do you have the pounds of gold/silver is small increments to buy food or supplies.
I think it would be better to have invested in actual goods, real estate, supplies, things to trade.