Peter Schiff: It's Going To Hit The Fan During Obama's Second Term - 2/18/2013
Published on Feb 18, 2013
Euro Pacific Capital’s Peter Schiff on the stagnation in the precious metals market and central bank inflation policy on Fox Business’ Varney & Co.
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Problem is they won’t let gold prices skyrocket. If they have to their freeze the market, taking away your ability to profit from your investment. If you want to invest then buy farmland, even a few acres leased back to farmers will make you more money than any investment out there.
Thanks Jack – good advice ….. harry
lol thats what they said just before his first term!
This clown GUARANTEED $2000. gold by the end of 2008 and a complete collapse. He and Gerald Celente, Cliff High etc need to be banned or fined, whichever stops their fraudulent claims. Frauds are making money off the relentless fear-mongering.
it would have after the houseing bubble.but a hault was put on it.look at the bills congress passed after the crash.besides the gold price is manipulated by papergold.people are starting to buy on chinas gold exchange its backed by 100% gold were the us and englands are not.check it out.thats if your not paid by the hour
The curve balls never end which makes listening to Schiff and Celente a waste of time.
The only thing that is keep the USA alive is that Europe is a mess, and America is printing money to keep the stock up. but and the end reality always win you can not keep borrowing 4 billions a day.
Buy crystals…
Well, this is a bad news/good news thing. First the bad news, TSHTF this year. Now the good news, it has nothing to do with economic/financial collapse.
Hi,
What is the ordinary bloke on the street going to do about the Gold Problem?
Should he use whatever savings he’s got & buy Gold?
Could governments confiscate Gold in the future?
Bottom line!
What advice is there for the working man?
buy lead
Correct, plus brass and a good delivery system… Some places you can still ge a Mosin Nagnt for about $120.00
Read up on the sufferings endured when in the past America’s currency collapsed, the US Continental dollar so you plan ahead just in case same happens to the US dollar.
IMF agreements to bail out nations, Germany offers bailouts and both say we get paid back in gold and other tangible assets. To become a member nation of the IMF, IMF asks for all data on the nation’s gold production, gold holdings, gold sales.
The ordinary bloke on the street should ideally buy silver from a US mint dealer, which is a dealer that gets deliveries from a US mint and which charge a few to several dollars over the then market ask price.
IMF Central Banker thieves:
/watercooler-topics/2013/02/worse-than-mafia-2431638.html
The working man should have been buying one ounce of silver a month for the last several years. Not impossible to do out of wages and he would be alot better off today.
If major nations can work out an agreement on a universal carbon tax that would be payable in the US dollar, then the US dollar once again is a must-owned commodity, as it was when oil was payable strictly in US dollars. But I doubt such an agreement can be reached.
The Federal Reserve, with approval of the US Justice Department in 2012, has brought in China to own US banks, in whole or part. Will China play along? So if a G7 agreement can be reached that says universal carbon tax and the tax is payable strictly in US dollars, well China has right to own US banks and gets a piece of the USD action. The USD will once again be a must-have commodity for the nations as they all produce carbon gases hahaha, even their people and animals breathe out CO2 and tax those cows even more because they put of super warming methane through flatulence. And if China plays along, one of the things China must do is hand over to the Vatican all of China’s Catholic churches and permit the Vatican to expand churches in China and to permit the Vatican to allow all money flows into the Chinese Catholic church to be handled by the Vatican. Also, must permit Vatican to put in their own Jesuits, their own bishops, etc and let Vatican have direct access to Beijing through establishment of diplomatic ties.
Vatican tried to get Russian Orthodox Church to hand over power, but a no go. It is unlikely that China will give into the Vatican because the Chinese people have a strong sense of nationalism which keeps out other races.
Most likely the US dollar is going to plummet in value one day and trigger such awful fallout the world will think it is Armageddon. It is a horrific event when a nation’s currency collapses. Starvation, murder, theft. The US Continental dollar collapsed. In the end 1000 CD was equivalent to an ounce silver coin. The hardships suffered by Americans when the CD collapsed was so severe it prompted an amendment to the US Constitution that states may only use gold and silver coins as legal tender for payment of debts.
This is some great info, but I have to say: the global economic meltdown is only part of a darkness that is building in our world.
Believe it or not, there is an Extraterrestrial Intervention happening today – a dark agenda by off planet forces seeking to exploit the current weakness of human economies and political institutions in order to gain access to the resources of our world.
If you really want to know about this I recommend reading the Allies of Humanity Briefings.
These briefings are the best and most reliable source of information about the ET Intervention and how it ties into the coming economic collapse in our country.
There’s a free ebook at:
http://www.alliesofhumanity.org
Sing a song and escape
http://www.youtube.com/watch?v=m01PTKnmaL4