I listened to Robert Kiyosaki's advice on silver: "I believe this is the biggest investment anyone can make in the next 100yrs" I did my research and found an opportunity that has changed my life in 12 months. Take a look like i did.... Visit: goldsave.co/
Constitution says money is backed by gold, silver, and full faith and credit. Gold went away in 1933, silver titularly in 1957, both floated agains the dollar in 1971 where the dollar went down by 66%, till its 10 cents on the 1971 dollar today.
When China gets $3T in gold, it's $3T in US paper won't matter. Watch. No longer accept dollars in payment, $3T in paper goes to $1T, but $3T in gold goes to $9T. Lose $2T, gain $6T, net +4$T, the perfect arbitrage play.
Are you serious? Give ME a bar of gold and I'll fill my gas tank. Sure, no one in the U.S. HAS to accept gold as a payment by law, but I guarantee you I'd easily find someone who'd trade the gas I wanted (or the dollars I needed to buy it) for a gold bar.
is gold really a good metric for wealth? i mean does the country with the most gold have the most wealth? can you eat gold? will your car run on gold? gold is primarily valuable because people like it. sure it has it's uses in electronics etc, but mainly people use it for jewelry. real wealth is resources, real materials, real labor etc.. here, you can have all this gold and i'll keep my land, health, labor, and resources. thanks.
It's a metric for wealth because it is real money.
Like it or not, it is rare (i.e. in limited supply) and in high demand. It does have MANY uses actually (Google them) and there are more uses being found daily.
But more important than that, internationally it holds a value. Again, like it or not gold can be traded for all those things mentioned.
It doesn't matter that u can't eat it. Give me all the gold in Fort Knox and I'll be able to acquire all the land, labor and resources I need.
yes, but then you'll have land and resources and no gold. ur only using the gold as a means. my point is that i could live my entire life and never need any gold. gold is primarily the means of exchange. it's value base more on perception than actual worth. i mean sure it has it's uses, but they are not essential.
there is no "real" money. only units of exchange. suppose some how all the gold in the world were to vanish. i guess then we'd have no money?
1st of all, I wouldn't have to trade ALL the gold for land & resources. So I wouldn't have NO gold. And even if I did,so what? U just said gold wasn't necessary.
MY point is, what is "worth" but value agreed upon? Value perceived is value achieved.
And gold IS real money. Just like silver or platinum or any other like resource. My point was to distinguish it from fiat money that has no true value and which can be inflated.
Gold is commodity money, which can't be created in a printing press.
I've NEVER voted for religious candidates, in fact I avoid them. It would only impress me if Peter Schiff publicly admitted being an atheist because it means he's intelligent, honest, and can make important decisions without divine guidance.
Nope. So far, in my entire life, I've only voted for one person- Michael Badnarik for President 2004. I'm still not sure if he's religious but he is a Libertarian and a highly educated technical professional and I've never heard him preach about Jesus. If he had run for President in 2008, I would have voted for him again. I hope he runs for President in 2012. If he turns out to be religious, well, he'll could be my first exception.
hmm... i think mao's vision was a failure. but, it has trans-morphed itself into a powerhouse force. i think that had very little to do with mao. it fact, i think mao's effect will play out in the negative going forward - that country had it's culture literally destroyed by maoists. as a result, they have no original thinking whatsoever, from my anecdotal understanding. without home-bred ingenuity perhaps they can only go so far. however, with what they have, they certainly can go farther.
Peter, The future is going to be 3 and even 4 generation households. That's the only way families will survive. Retirees will collect SS for as long as that lasts and contribute that to the household finances.
Their children will live with them and raise their own kids (grandchildren). Nursing homes will be for the rich.
House values will crater. Less household creation, destruction actually. The 1945 - 2007 run was impressive but that's over...
The Illuminati are getting ready to crash the world economy in 2010 and reducing the world population to 500 million by way of H1N1 vaccines. They are hiding the truth! Say no to H.A.A.R.P and NASA! they are hiding their secret alien missions and have brainwashed and hypnotized any of the astronauts scientists who went on these missions! Support Free Energy Technology and Gardeners!
They said the so far the first time home buyers stimulus only created 1 out of every 20 houses sold. In other words 19 would have bought their house regardless of the 6,000 credit.
So in essense 20 X 6,000 ==> $120,000 to create one new home sale. This is OUR tax money being wasted. 120K would just about buy the whole house where I live.
No more govt waste. This bill was passed unanimously by both parties. Let's vote them all out.
Not yet. As long as the US Dollar is still the world reserve currency and other countries hold massive USD holdings like China, Japan, Brazil, etc. the dollar will be propped up from collapse. Now once the USD is no longer the reserve currency WATCH OUT cause the you know what will hit the fan.
Cash for clunkers cause prices of used cars to go up. Isn't deflation the scourge of the economy according to the government? If so mission accomplished.
Hahaahah..a show in Beijing on chinese pride and their civilisation
My goodness! They work all day, buy all the resources from the world and make new products and what do they do,send them all to US to collect points in a computer game!
Who is the fool here!
China mama has to wean US baby first!
Until then the emperor-sans-clothes is walking proudly!
Whatever the price of the Chinese Revolution, it has obviously succeeded, not only in producing more efficient and dedicated administration, but also in fostering a high morale and cummunity propose. The social experiment in China under Chairman Mao's leadership is one of the most important and successful in human history. - David Rockefeller
Yes the Chinese government is renting its people out as slave labor to the world but it is the overpopulation that makes this possible so they only have themselves to blame.
I don't think it's possible to turn the ship around. To stretch the iceberg, I think it's already hit the poorly constructed metaphor, to the tune of somewhere between thirty and seventy trillion dollars in unfunded liabilities, and hundreds of billions of dollars of debt.
Peter's message is simply too soon. Things are not bad enough yet and the people of the US are reactionary, they do not look ahead. He also wants to break the welfare addiction cycle in this country and the 52% of the US population who are now on the dole are not going to like that. His day will inevitably come however.
Even though depressing, this is a very realistic take. It is amazing how many people think things are honkey-dorey and how many spend their days arguing Rep vs. Dem when both parties work for the same interests.
It will take a few years and things to get much worse before most people wake from their slumber.
My grandparent said they had the most fun in their lives during the depression. People had more time for fun and less working just to make someone else wealthy.
Someone who believes he should invest all their money overseas should not run for senate. If you can't see the green shoots in the US then become a Chinese senator.
He is warning Americans to get out of the bubble American stock market that is one of two choices. You can't hold onto US Dollars because they are depreciating and you shouldn't be in the US market since it will crash again yet. You are forced by the Federal Reserve and US government to trash your cash in something tangible. Peter is going to Senate to try to stop them from destroying the Dollar.
Schiff has a great message but if he can't find faith in the American people then he is a money guy not a people guy. Electing someone that holds nothing in America is like putting Chinese money in govt office.
So making bad investments in the USA, just because it makes you a "patriot" is the way to go? That is ridiculous. The American people are the ones that need to pull their heads out of their a**es and vote for the guy that will install sanity in the currently mad system.
The guy loves America, hence he is putting his business in the background and is trying to get into the Senate to make a difference.
Warren Buffett is the best American investor and he buys the American Railroad not the Chinese Railroad. There are opportunities in America - it is worth saving unless you have all your money elsewhere.
The railroads will be very busy after Martial Law is declared and the corrupt government starts to throw Patroits in concentration camps, oh I'm sorry 'holding facilities.'
Look dude Bush could care less about money, he is extremely wealth and has been and will be regardless of oil prices. Bankers and the global elite don't care about money, they care about control and power and natural resources. Fiat currency is just the vehicle they are driving to put all the free people into slavery so they become gods and rulers of the entire world.
Warren Buffett is surely a great investor, but he is in bed with the government and parrots their message. He has been suckering people back in the US market.
Schiff is an investor so he puts his and his clients' money where he thinks the greatest returns are. This has nothnig to do with how patriotic you are. But I guess this will be a reoccuring arguments while Schiff runs for office to discredit him. A reoccuring argument from fools grasping at straws.
"lol" why is that? What is a "real" American; would you care to enlighten me? Should I watch more American Idol, eat at McD's and shop at Walmart to be a real American?
Most people here in the US are living in a dreamworld. They are mesmerized by their television sets, the left and right paradigm and are indoctrinated in false ideas in public schools. People need to wake up and understand that our government is putting them, their childer, grandchildren in unprecedented debt.
I disagree because you have your facts wrong and are assuming things.
First off. Peter doesn't sell HIS precious metals.
He's a broker. He makes money buying assets for clients first and foremost. That's how he makes his money. He provides a brokerage service.
Second, MOST trade experts including the Metals industry didn't have a clue. The ones that did have a clue, were typically on the heels of Peter's forecasts.
Man peter schiff was so right about the college tuition are raising tuition 32% IN CA because of all the Bailout the state government need money to survive
Look The wall street making record profit using bailout money from us, and us the little guy gotta paid for it . man 32% Inflation in UCLA Tuition Causes Near Riots
If less people have college education dosent that make them more valuable? The value of anything is determened when two people agree on the price. Will you sell me a dollar bill for less than a dollar if so I will buy all you have. Its all relative.
Gold is just an intermediary for paper dollars. As long as you have a reasonably large amount of gold to back the paper, then it would be a valid system. If Gold supplies were smaller, paper dollars would be worth more, if Gold was plentiful i.e. like silver, then prices would be far lower, but it would all be relative regardless, because as I said, it's just an intermediary.
I just saw that Blinder guy on Bloomberg yesterday and it made steam shoot out of my ears. Go tear that guy up Peter. That guy is such an ignorant goofball I can't believe people seriosuly listen to a thing he says.
Gold price movements explained on the COMEX. The COMEX is a futures markets. Paper promises to deliver gold in the future just like oil futures. People are realizing that the gold contracts are only worth the paper they are printed on and that gold is a very scarce commodity. Even the mainstream guys acknowledge this Dennis Gartman and James Turk both say that everyone including big hedge funds are getting out of paper and into the physical metal. Earlier this year, Barrick Mining said they
would be canceling gold hedges. The dips in gold are the worthless contracts being sold and the rebounds to record highs is paper gold catching up to physical gold's price.
That 200 tonnes India bought is $70 billion they will never see again. They bought a paper. It's still physically in the USA. FDR expropriated gold. A few decades ago, France repatriated its gold from the USA. The world saw the USA blowing money away during Vietnam and wanted to redeem Fed Notes for gold, Nixon said NO!
Germany wants its gold back from the USA. They were told NO!
Gold's fair price at the moment is around $10,000/oz. There is no limit on the price. Go ahead. Try to buy the physical stuff. It is very scarce. Anyone foolish enough to sell it according to the COMEX's price is a fool indeed. You need to fear expropriation. Gold is the only thing that does well against inflation and CRISIS. It has many industrial applications as an inoxidizable and malleable metal for those saying its has no use.
lol, Well Harv, you just found your new best friend. I am going to sell YOU all the physical I have for a 10% discount to your "fair price". It's yours for 9K an ounce bro.
Ya, I didn't think so.
So here's the thing Harv, 'fair value' is what you get for it at the time of sale, which right now is 1100USD+-
You can pick your credibility up off the floor any time now.
I often wondered if there was enough real gold to cover the paper. So, people lose faith in fiat dollars and buy paper gold instead. Then they lose faith in this 'fiat' gold and buy actual real gold setting the real price. Am i understanding this correctly?
Hey Peter why havent you mentioned the coming one world currency SDR's??? What America is going to see isnt hyperinflation, its a downright currency mega crisis!!! The majority of the world has followed along in this paper travesty we call fiat currencies and printed them out of control. Most people complain about the poor being poor but what you dont understand is that printing paper currency leads to purchases of real resources. We have drained the earth of resources and now we're going to pay
Hello Peak Oil, peak copper, peak fishing, peak aluminum, peak everything due to our stupidity!!! In our greed to attain more and more "things", we have stupidly overlooked the disaster we're causing our own home planet.
It is time for this community of Americans who come to youtube to share thoughts and ideas to come together and to demonstrate their power as a community. We need to organize a FREE MEN AND WOMEN MARCH on Washington. Speeches all day long from Peter Schiff, Manoftruth, crabbydogtrix, george4title, visionvictory, Mr. Denninger, drinking with bob, davincij, and all the other truthers. It would be the first time in a long time that the truth will be told in Washington!!!!!!!
Nevermind debating a couple of unknowns that might end up on UTube or Yahoo Finance,... I'd pay top dollars to see Schiff vs Krugman on Pay-Per-View. Let the world see what a sad joke the Nobel prizes has become.
You've got to give the feds credit though, naming their suicidal car program cash for clunkers does cause any potential critics to run the risk of tongue twisting. Well played Washington, well played.
here are the speakers of truth from high on olympus: Peter, Celente, Rogers, Ron Paul, Faber. the white house refuses to listen to reason and protect the people of america. they favor immigrants, aliens, central committee of communist china, the Fed, and not the founding fathers.
Don't forget to mention the greedy collusion of real estate investors, developers, management companies, etc... and those who are employed by and bound to allow their micro-economic monopolistic real estate schemes, misrepresentations, & fraud to continue. Armpit asscracks of America... Everyone is paid off.
You know what Peter? Screw the senate! You should run for President. I am absolutely serious. People are, every day, more ready for the truth, and any attempts by traditional politicians are going to be seen for the self-serving bullshit they have been since Reagan started this fucking nightmare...
what I can't seem to understand is why peter schiff videos never go beyond 301 views for a very long time even though im sure plenty of people are surely viewing this material by the minute?
i think there afraid of putting out the real number of views peter schiff reacieves because it certainly isn't 301 views for this much time. 301 VIEWS NEVER CHANGE IN THIS VIDEO, WHY?
Peter, I'm convinced your "Team Schiff" web tools are broken, i.e., I signed up 5 times before getting the "you're signed up" confirmatory email. I think that's why your team schiff numbers are so low.
Aren't you guys getting the feeling that the U.S. State is a bureaucratic behemoth that can't be dismantled on the inside? Isn't secession a better idea?
Yes but you mistake inflation with what is going to happen to the dollar. There will be a change to our currency coming very soon, in the next 4 years at least. If you have been watching the dollar index you will see wild fluctuations in the value of the dollar and thats when the world still holds our currency and oil is still traded in dollars. I have been recommending only metals at this point. Our rights as humans are quickly evaporating. In your hands to count from now on!!
I mean we're in the beginning of a worldwide collapse in currencies. Every country out there has a paper disaster as we do. I do agree that a good portfolio should have had dividend paying stocks but understand that we're living in a different world now. Our rights as humans are quickly disappearing and our currencies becoming worthless. The Dollar will fall. Any investments denominated in dollars will have to be revalued at some point, I just dont trust the people doing the revaluing.
And although metals dont pay dividends they are held in your physical possession at all times. "In your hands to count" is a slogan circulating around the internet by investors now that is gaining much popularity. Alot of people are expecting disruptions to the grid/banking system. If this occurs, good luck retreating your cash. Metals, in your hands to count!!
This has been flagged as spam show
I listened to Robert Kiyosaki's advice on silver: "I believe this is the biggest investment anyone can make in the next 100yrs" I did my research and found an opportunity that has changed my life in 12 months. Take a look like i did.... Visit: goldsave.co/
ManufactureBelief 1 year ago
what has happened to your nose, it is so hard to concentrate on what you are saying looking at that snoz.
bbender1986 1 year ago
@bbender1986 Pathetic worthless piece of shit.
TWSceptic 1 month ago
only dumbasses miss the "y" key and keep on going
pretorious700 2 years ago
fiat currencies all around the world are losing their value.....gold is not, it's gaining relative to paper money...
you have to look beyond the paper money paradigm to understand the fundamentals of "value".
pretorious700 2 years ago
This comment has received too many negative votes show
fucking kike
D0ublezer0x 2 years ago
we need someone in the senate who kinows how money is made and how hard it is to get it , and make it work.
nutbagbrew102 2 years ago
How is Gold a "scam"? It has possessed worth for thousands of years.
migmob27 2 years ago
Constitution says money is backed by gold, silver, and full faith and credit. Gold went away in 1933, silver titularly in 1957, both floated agains the dollar in 1971 where the dollar went down by 66%, till its 10 cents on the 1971 dollar today.
When China gets $3T in gold, it's $3T in US paper won't matter. Watch. No longer accept dollars in payment, $3T in paper goes to $1T, but $3T in gold goes to $9T. Lose $2T, gain $6T, net +4$T, the perfect arbitrage play.
About 5 years.
Yourdeadmeat69 2 years ago
We're studying Monetary Approach in the Long Run and Arbitrage right now! Cool stuff. This Peter Schiff guy knows what he is talking about.
migmob27 2 years ago
Are you serious? Give ME a bar of gold and I'll fill my gas tank. Sure, no one in the U.S. HAS to accept gold as a payment by law, but I guarantee you I'd easily find someone who'd trade the gas I wanted (or the dollars I needed to buy it) for a gold bar.
WideWorldOfWisdom 2 years ago
Paper, backed by NOTHING, is not money. PETER SCHIFF 2010!!!
iannetta11 2 years ago
cannibus will stimulate our economy big time.
MrTabby5000 2 years ago
is gold really a good metric for wealth? i mean does the country with the most gold have the most wealth? can you eat gold? will your car run on gold? gold is primarily valuable because people like it. sure it has it's uses in electronics etc, but mainly people use it for jewelry. real wealth is resources, real materials, real labor etc.. here, you can have all this gold and i'll keep my land, health, labor, and resources. thanks.
digitaldown 2 years ago
@digitaldown I agree that land, health and labor are important than gold. But I think you can agree that gold is more valuable than paper.
That's why so many choose to concentrate their savings in gold rather than dollars.
hailgov 2 years ago
It's a metric for wealth because it is real money.
Like it or not, it is rare (i.e. in limited supply) and in high demand. It does have MANY uses actually (Google them) and there are more uses being found daily.
But more important than that, internationally it holds a value. Again, like it or not gold can be traded for all those things mentioned.
It doesn't matter that u can't eat it. Give me all the gold in Fort Knox and I'll be able to acquire all the land, labor and resources I need.
WideWorldOfWisdom 2 years ago
yes, but then you'll have land and resources and no gold. ur only using the gold as a means. my point is that i could live my entire life and never need any gold. gold is primarily the means of exchange. it's value base more on perception than actual worth. i mean sure it has it's uses, but they are not essential.
there is no "real" money. only units of exchange. suppose some how all the gold in the world were to vanish. i guess then we'd have no money?
digitaldown 2 years ago
1st of all, I wouldn't have to trade ALL the gold for land & resources. So I wouldn't have NO gold. And even if I did,so what? U just said gold wasn't necessary.
MY point is, what is "worth" but value agreed upon? Value perceived is value achieved.
And gold IS real money. Just like silver or platinum or any other like resource. My point was to distinguish it from fiat money that has no true value and which can be inflated.
Gold is commodity money, which can't be created in a printing press.
WideWorldOfWisdom 2 years ago
5* as ususal
ThizzFaceOffNike 2 years ago
The CPI is inflated, hedonics and other factors make it a useless metric. You need to triple it to get the real price increases.
Nuker1337 2 years ago
Peter Schiff, you have to win! there is no plan B!!!! Schiff for senate!!!!! XD
AGuyWhoPunkUMama 2 years ago
Would this be really possible, that there are some conservative atheists in America?
xxxrrrxxxrrr 2 years ago
Peter Schiff is an atheist.
He can't say this, but I can.
America only votes for Christians, and Jews.
MOPEDBRAD 2 years ago
I've NEVER voted for religious candidates, in fact I avoid them. It would only impress me if Peter Schiff publicly admitted being an atheist because it means he's intelligent, honest, and can make important decisions without divine guidance.
Piscivorus 2 years ago 7
You have never voted for a religious candidate? Have you ever voted for anyone?
Silveracity 2 years ago
Nope. So far, in my entire life, I've only voted for one person- Michael Badnarik for President 2004. I'm still not sure if he's religious but he is a Libertarian and a highly educated technical professional and I've never heard him preach about Jesus. If he had run for President in 2008, I would have voted for him again. I hope he runs for President in 2012. If he turns out to be religious, well, he'll could be my first exception.
Piscivorus 2 years ago 2
Good answer!
Silveracity 2 years ago
volunteer for Schiff for Senate !!!
It doesn't take much time. Only requires an internet line or a phoneline. Volunteer!
purplefetus3 2 years ago
VOTE SCHIFF!!!
jaythizzle1969 2 years ago
hmm... i think mao's vision was a failure. but, it has trans-morphed itself into a powerhouse force. i think that had very little to do with mao. it fact, i think mao's effect will play out in the negative going forward - that country had it's culture literally destroyed by maoists. as a result, they have no original thinking whatsoever, from my anecdotal understanding. without home-bred ingenuity perhaps they can only go so far. however, with what they have, they certainly can go farther.
rpsxnu 2 years ago
Alex Jones' movie EndGame has a good part about China.
Blackjack555 2 years ago
that debate sounds amazing!!! i hope video surfaces....
rpsxnu 2 years ago
This has been flagged as spam show
How can you get a PlayStation 3 for 9 bucks?
By using an incentive program!
1) Watch the video (It has proof) and click the link in the description to get started.
2) Complete ONE offer. These are reliable legit sites like Netflix, or gamefly which cost around $5-$10 to complete.
3) Refer other people to do the same, and then your Ps3 will ship for free.
I've done 3 incentive programs through this site, all for around $9.00 each. All it took was a little patience and effort.
Hank2203 2 years ago
Peter, The future is going to be 3 and even 4 generation households. That's the only way families will survive. Retirees will collect SS for as long as that lasts and contribute that to the household finances.
Their children will live with them and raise their own kids (grandchildren). Nursing homes will be for the rich.
House values will crater. Less household creation, destruction actually. The 1945 - 2007 run was impressive but that's over...
I hope everyone gets along with their relatives.
Sev5454 2 years ago
Fake
Watashiwashirai 2 years ago
This has been flagged as spam show
The Illuminati are getting ready to crash the world economy in 2010 and reducing the world population to 500 million by way of H1N1 vaccines. They are hiding the truth! Say no to H.A.A.R.P and NASA! they are hiding their secret alien missions and have brainwashed and hypnotized any of the astronauts scientists who went on these missions! Support Free Energy Technology and Gardeners!
8783674374 2 years ago
This will piss you off:
They said the so far the first time home buyers stimulus only created 1 out of every 20 houses sold. In other words 19 would have bought their house regardless of the 6,000 credit.
So in essense 20 X 6,000 ==> $120,000 to create one new home sale. This is OUR tax money being wasted. 120K would just about buy the whole house where I live.
No more govt waste. This bill was passed unanimously by both parties. Let's vote them all out.
MaHaRushie 2 years ago 2
America is bankupt.
queerbuzz 2 years ago 2
Not yet. As long as the US Dollar is still the world reserve currency and other countries hold massive USD holdings like China, Japan, Brazil, etc. the dollar will be propped up from collapse. Now once the USD is no longer the reserve currency WATCH OUT cause the you know what will hit the fan.
residentzombie 2 years ago
LOL right the U S government can print as much money as they need and they will.
IWashMyOwnBrain 2 years ago
Cash for clunkers cause prices of used cars to go up. Isn't deflation the scourge of the economy according to the government? If so mission accomplished.
davincij15 2 years ago
Hahaahah..a show in Beijing on chinese pride and their civilisation
My goodness! They work all day, buy all the resources from the world and make new products and what do they do,send them all to US to collect points in a computer game!
Who is the fool here!
China mama has to wean US baby first!
Until then the emperor-sans-clothes is walking proudly!
madhuradi 2 years ago
Whatever the price of the Chinese Revolution, it has obviously succeeded, not only in producing more efficient and dedicated administration, but also in fostering a high morale and cummunity propose. The social experiment in China under Chairman Mao's leadership is one of the most important and successful in human history. - David Rockefeller
Blackjack555 2 years ago
@Blackjack555,
Weird to see a Rockefeller admire Chinese communism.
Seems Obama admires it too.
Still, they admire it from afar.
They don't like it enough to live there.
Too bad.
averagejoe040 2 years ago
Yes the Chinese government is renting its people out as slave labor to the world but it is the overpopulation that makes this possible so they only have themselves to blame.
IWashMyOwnBrain 2 years ago
How come Peter Schiff never been a guest in The O'Reilly Factor? Those millions of viewers are the kind of people that his message appeals to.
surfinbird71 2 years ago
Not sure. He needs more coverage though. I think his straight forward logic would appeal to a wide range of people.
MaHaRushie 2 years ago
Barrack Obama is pretty much like the final scene in the "Wizard of Oz" very impressive from the front,, but there,s nothing behind the curtains !!
FlyingFox1971 2 years ago 4
I don't think it's possible to turn the ship around. To stretch the iceberg, I think it's already hit the poorly constructed metaphor, to the tune of somewhere between thirty and seventy trillion dollars in unfunded liabilities, and hundreds of billions of dollars of debt.
PanzerDivisionBOM 2 years ago
Keep teaching Mr Schiff /Good Video
acechoice45 2 years ago
9,322 at 9:45
killergames187 2 years ago
you mean mexican alien gold and silver overlords? lol. hahahah
Rico8458 2 years ago
Rand is our front runner and Schiff is the underdog!! Keep it up Schiff
soundmoneyfan 2 years ago
People need to get behind this guy. We need more people like him in our senate.
Slick8020 2 years ago 4
Peter's message is simply too soon. Things are not bad enough yet and the people of the US are reactionary, they do not look ahead. He also wants to break the welfare addiction cycle in this country and the 52% of the US population who are now on the dole are not going to like that. His day will inevitably come however.
pismo10 2 years ago
@pismo10
Even though depressing, this is a very realistic take. It is amazing how many people think things are honkey-dorey and how many spend their days arguing Rep vs. Dem when both parties work for the same interests.
It will take a few years and things to get much worse before most people wake from their slumber.
0oHIZAKIo0 2 years ago 3
My grandparent said they had the most fun in their lives during the depression. People had more time for fun and less working just to make someone else wealthy.
IWashMyOwnBrain 2 years ago
is this guy a jew?
virtuous8 2 years ago
What does that matter? Not all Jews are a part of the Zionist New World Order you know.
residentzombie 2 years ago
I wish people would lay off this stupid "is he a jew" stuff!
ClownsAndBalloons 2 years ago 2
Someone who believes he should invest all their money overseas should not run for senate. If you can't see the green shoots in the US then become a Chinese senator.
PostBush 2 years ago
He is warning Americans to get out of the bubble American stock market that is one of two choices. You can't hold onto US Dollars because they are depreciating and you shouldn't be in the US market since it will crash again yet. You are forced by the Federal Reserve and US government to trash your cash in something tangible. Peter is going to Senate to try to stop them from destroying the Dollar.
residentzombie 2 years ago 2
Schiff has a great message but if he can't find faith in the American people then he is a money guy not a people guy. Electing someone that holds nothing in America is like putting Chinese money in govt office.
PostBush 2 years ago
@PostBush
So making bad investments in the USA, just because it makes you a "patriot" is the way to go? That is ridiculous. The American people are the ones that need to pull their heads out of their a**es and vote for the guy that will install sanity in the currently mad system.
The guy loves America, hence he is putting his business in the background and is trying to get into the Senate to make a difference.
0oHIZAKIo0 2 years ago 4
Warren Buffett is the best American investor and he buys the American Railroad not the Chinese Railroad. There are opportunities in America - it is worth saving unless you have all your money elsewhere.
PostBush 2 years ago
The railroads will be very busy after Martial Law is declared and the corrupt government starts to throw Patroits in concentration camps, oh I'm sorry 'holding facilities.'
residentzombie 2 years ago
The quicker the American economy flops the more money Schiff will make.
The more the price of oil goes up - the more Bush will make.
PostBush 2 years ago
Look dude Bush could care less about money, he is extremely wealth and has been and will be regardless of oil prices. Bankers and the global elite don't care about money, they care about control and power and natural resources. Fiat currency is just the vehicle they are driving to put all the free people into slavery so they become gods and rulers of the entire world.
residentzombie 2 years ago
do you think thats why Warren Buffet is buying up railroads?
sabrinacle 2 years ago
Warren Buffett is surely a great investor, but he is in bed with the government and parrots their message. He has been suckering people back in the US market.
Schiff is an investor so he puts his and his clients' money where he thinks the greatest returns are. This has nothnig to do with how patriotic you are. But I guess this will be a reoccuring arguments while Schiff runs for office to discredit him. A reoccuring argument from fools grasping at straws.
0oHIZAKIo0 2 years ago
"The American people are the ones that need to pull their heads out of their a**es"
Yeah you sound like a real American to me. lol not.
IWashMyOwnBrain 2 years ago
"lol" why is that? What is a "real" American; would you care to enlighten me? Should I watch more American Idol, eat at McD's and shop at Walmart to be a real American?
Most people here in the US are living in a dreamworld. They are mesmerized by their television sets, the left and right paradigm and are indoctrinated in false ideas in public schools. People need to wake up and understand that our government is putting them, their childer, grandchildren in unprecedented debt.
0oHIZAKIo0 2 years ago
Yeah good point do we want our politicians to be like the Chinese and invest our money in other countries. Sounds un American to me.
IWashMyOwnBrain 2 years ago
@PostBush
Which is the better Patriot (considering we're living during a time when the gov't is doing all they can to destroy the currency)?:
The one who preserves his assets so he can help others and contribute to putting this country back on its feet if/when TSHTF -OR-
The one who loses everything and will end up being unable to help because he'll be busy figuring out how to feed his family?
ClownsAndBalloons 2 years ago 2
Did Schiff give any of his money to social functions? Please inform me of this.
He is making money by having people buy his precious metals. Most trade expert of precious metals saw this crash coming.
PostBush 2 years ago
I disagree because you have your facts wrong and are assuming things.
First off. Peter doesn't sell HIS precious metals.
He's a broker. He makes money buying assets for clients first and foremost. That's how he makes his money. He provides a brokerage service.
Second, MOST trade experts including the Metals industry didn't have a clue. The ones that did have a clue, were typically on the heels of Peter's forecasts.
Luvanicebum 2 years ago
Can't wait to see the debate!!
roseagain2 2 years ago
Is that debate open to the public?
Amyls64 2 years ago
I don't know. I'll watch it on youtube.
roseagain2 2 years ago
The US fell from 1st to 14th in higher education completion. I blame the cost/inefficiencies of subsidies.
tizacat 2 years ago
I blame the inefficiency of govt spending for this one. Anywhere the greedy govt puts their disgusting paws into breeds inefficiency.
CASTILLOM1 2 years ago 2
google 'Education at a Glance 2009: OECD Indicators'
tizacat 2 years ago
Comment removed
tizacat 2 years ago
Mr Schiff you are doing the right thing.Keep it up God speed.
emperordiocletion 2 years ago
would love to watch that debate, and gud luck to u peter.
yourtube20061 2 years ago
cant wait for the debate. gonna be blood spilt! danger!!
delatroy 2 years ago
I can't wait for the debate.
Voy2378 2 years ago
Great video thanks!!
Intervene 2 years ago
Interesting, I will like to see it!
freedomnow2012 2 years ago
Go Peter!! Win this for us. LONG LIVE PETER SCHIFF!
mistermayy 2 years ago 3
The fact that Peter is in the last place shows how ignorant Americans are.
They will pay a heavy price!!!
rosewood223 2 years ago 3
Boy you foreigners really want America to fail dont you. LOL not gonna happen.
IWashMyOwnBrain 2 years ago
lol @ higher ratings than views.
Youtube BS.
Baseliner 2 years ago
at 300 views youtube moves a video to multiple servers and it takes hours to aggregate the results. dont worry......
DocGorilla 2 years ago 2
Turn this shit around, you go Schiff!
ibislee 2 years ago
Man peter schiff was so right about the college tuition are raising tuition 32% IN CA because of all the Bailout the state government need money to survive
Look The wall street making record profit using bailout money from us, and us the little guy gotta paid for it . man 32% Inflation in UCLA Tuition Causes Near Riots
jimmyd3277 2 years ago 3
Look at it this way. Now your college education is more valuable. lol
IWashMyOwnBrain 2 years ago
Comment removed
swastikstar2000 2 years ago
If less people have college education dosent that make them more valuable? The value of anything is determened when two people agree on the price. Will you sell me a dollar bill for less than a dollar if so I will buy all you have. Its all relative.
IWashMyOwnBrain 2 years ago
Comment removed
swastikstar2000 2 years ago
Gold is just an intermediary for paper dollars. As long as you have a reasonably large amount of gold to back the paper, then it would be a valid system. If Gold supplies were smaller, paper dollars would be worth more, if Gold was plentiful i.e. like silver, then prices would be far lower, but it would all be relative regardless, because as I said, it's just an intermediary.
Poogination123 2 years ago
Have you considered getting Palin's endorsement? Rand Paul have sought her help
4rcane 2 years ago
301 views.... LOL but higher ratings...
yeehs18 2 years ago
Can't wait for the debate!. Mr Schiff is on top form these days and will surprise these guys.
theslimeylimey 2 years ago
Campaign like Obama! Big Rally
shawnaspen25 2 years ago
Senator Schiff,
I have an idea for you. Have a volunteer work on the audio quality of your videos. IE, too much
VarsSava 2 years ago
Cash for clunkers is stupid....just sell your car and buy Gold and Silver....DONT BUY ANOTHER CAR!!!!!!!!
jnadreth 2 years ago 3
I just saw that Blinder guy on Bloomberg yesterday and it made steam shoot out of my ears. Go tear that guy up Peter. That guy is such an ignorant goofball I can't believe people seriosuly listen to a thing he says.
GaryVolts 2 years ago
Gold price movements explained on the COMEX. The COMEX is a futures markets. Paper promises to deliver gold in the future just like oil futures. People are realizing that the gold contracts are only worth the paper they are printed on and that gold is a very scarce commodity. Even the mainstream guys acknowledge this Dennis Gartman and James Turk both say that everyone including big hedge funds are getting out of paper and into the physical metal. Earlier this year, Barrick Mining said they
harveybirdmannequin 2 years ago
would be canceling gold hedges. The dips in gold are the worthless contracts being sold and the rebounds to record highs is paper gold catching up to physical gold's price.
That 200 tonnes India bought is $70 billion they will never see again. They bought a paper. It's still physically in the USA. FDR expropriated gold. A few decades ago, France repatriated its gold from the USA. The world saw the USA blowing money away during Vietnam and wanted to redeem Fed Notes for gold, Nixon said NO!
harveybirdmannequin 2 years ago
Germany wants its gold back from the USA. They were told NO!
Gold's fair price at the moment is around $10,000/oz. There is no limit on the price. Go ahead. Try to buy the physical stuff. It is very scarce. Anyone foolish enough to sell it according to the COMEX's price is a fool indeed. You need to fear expropriation. Gold is the only thing that does well against inflation and CRISIS. It has many industrial applications as an inoxidizable and malleable metal for those saying its has no use.
harveybirdmannequin 2 years ago
lol, Well Harv, you just found your new best friend. I am going to sell YOU all the physical I have for a 10% discount to your "fair price". It's yours for 9K an ounce bro.
Ya, I didn't think so.
So here's the thing Harv, 'fair value' is what you get for it at the time of sale, which right now is 1100USD+-
You can pick your credibility up off the floor any time now.
TraderSteveR 2 years ago
I often wondered if there was enough real gold to cover the paper. So, people lose faith in fiat dollars and buy paper gold instead. Then they lose faith in this 'fiat' gold and buy actual real gold setting the real price. Am i understanding this correctly?
theslimeylimey 2 years ago
I wonder how many claims are already on that gold India bought, or if it is even there. I thought they bought physical gold; how dumb of them.
aw3212 2 years ago
China will give up on us soon
sdndeath 2 years ago
Schiff was right about tuition, just look at UCLA today ... a 33% tuition hike
codewarrior05 2 years ago 3
Hey Peter why havent you mentioned the coming one world currency SDR's??? What America is going to see isnt hyperinflation, its a downright currency mega crisis!!! The majority of the world has followed along in this paper travesty we call fiat currencies and printed them out of control. Most people complain about the poor being poor but what you dont understand is that printing paper currency leads to purchases of real resources. We have drained the earth of resources and now we're going to pay
CASTILLOM1 2 years ago
Hello Peak Oil, peak copper, peak fishing, peak aluminum, peak everything due to our stupidity!!! In our greed to attain more and more "things", we have stupidly overlooked the disaster we're causing our own home planet.
CASTILLOM1 2 years ago
What is the difference between the gold speculative bubble and, for example, the IOMega stock bubble of the '90s?
adamitshelanu 2 years ago
the bubble is US treasuries, asset "bubble" is the by product of it
dave997 2 years ago
Could someone please tell me a reliable place to begin investing in silver and gold?
akparker1 2 years ago
@akparker1 your home, only person you can trust with gold and silver is yourself.
RightBrainSane 2 years ago
goldmoney or bullionvault have a good reputation.
boptah 2 years ago
Go... Pete! Get that debate online. Show these fools who is da boss!
youthinksoo 2 years ago
It is time for this community of Americans who come to youtube to share thoughts and ideas to come together and to demonstrate their power as a community. We need to organize a FREE MEN AND WOMEN MARCH on Washington. Speeches all day long from Peter Schiff, Manoftruth, crabbydogtrix, george4title, visionvictory, Mr. Denninger, drinking with bob, davincij, and all the other truthers. It would be the first time in a long time that the truth will be told in Washington!!!!!!!
Shameonfed 2 years ago
Right on brother peace
IWashMyOwnBrain 2 years ago
wow, someone should make a video called "peter schiff cant say cash for clunkers"
oiuoiu988 2 years ago
Thanks Peter, Wish you all the best in your debate .
These view counters are a joke
CTOL1 2 years ago
Yeah and not even a funny one.
IWashMyOwnBrain 2 years ago
Nevermind debating a couple of unknowns that might end up on UTube or Yahoo Finance,... I'd pay top dollars to see Schiff vs Krugman on Pay-Per-View. Let the world see what a sad joke the Nobel prizes has become.
PhatPhing 2 years ago 6
Uhhh I think they already know that. lol
IWashMyOwnBrain 2 years ago
agreed! i'd pay to see that too!
debtruth1 2 years ago
krugman won't debate, he's too afraid, its not him talkin, its the obamakoolaid.
schiff's not shy, he'd pulverize that guy, he'd rope that dope then float like a butterfly.
krugnman would do down on the count of three because schiff talks the truth and that stings like a bee.
michaelpshipley1 2 years ago
correction:
krugman would go down on the count of three because schiff talks the truth and that stings like a bee.
michaelpshipley1 2 years ago
You've got to give the feds credit though, naming their suicidal car program cash for clunkers does cause any potential critics to run the risk of tongue twisting. Well played Washington, well played.
Guest655321 2 years ago
The housing bill is called Dough for Dumps
IWashMyOwnBrain 2 years ago
Peter for President!
Rico8458 2 years ago 4
Yeah could not get much worse.
IWashMyOwnBrain 2 years ago
here are the speakers of truth from high on olympus: Peter, Celente, Rogers, Ron Paul, Faber. the white house refuses to listen to reason and protect the people of america. they favor immigrants, aliens, central committee of communist china, the Fed, and not the founding fathers.
Rico8458 2 years ago
Don't forget Phil Schneider and William Cooper.
residentzombie 2 years ago
You forgot the Alien Overloards.
IWashMyOwnBrain 2 years ago
Peter Schiff has consistent, principled integrity and a sound message... And as Jon Stewart said to Ron Paul, "Americans don't usually go for that."
Duped sheep... the country is full of them and they'll only learn once their wealth has been taken from them.
tickhound 2 years ago 4
Baaaaaaaaahh
IWashMyOwnBrain 2 years ago
Great vid, Mr. Schiff! This is one I must post on FB and share with my peeps.
MCinKC711 2 years ago
Good luck in the debate!
Shaunt1 2 years ago
Don't forget to mention the greedy collusion of real estate investors, developers, management companies, etc... and those who are employed by and bound to allow their micro-economic monopolistic real estate schemes, misrepresentations, & fraud to continue. Armpit asscracks of America... Everyone is paid off.
Harrison3377 2 years ago
Are you sure about that?
IWashMyOwnBrain 2 years ago
Comment removed
Harrison3377 2 years ago
Which part are you unsure?
Harrison3377 2 years ago
Peter, this is one of your best video blogs. Im going to send this one to my friends.
chaseef 2 years ago
pls post the 3-person debate!!!!
rosewood223 2 years ago
because they control the #ers its sad no??
yourmomscalling 2 years ago
You know what Peter? Screw the senate! You should run for President. I am absolutely serious. People are, every day, more ready for the truth, and any attempts by traditional politicians are going to be seen for the self-serving bullshit they have been since Reagan started this fucking nightmare...
JejuLee 2 years ago
the volunteer link doesn't not work
olmofo 2 years ago
also, where can we keep tabs on the conneticut race? i want to be watching peter's rank week by week
tmac9938 2 years ago
thomas sowell - basic economics
kidfunkadelic 2 years ago
what I can't seem to understand is why peter schiff videos never go beyond 301 views for a very long time even though im sure plenty of people are surely viewing this material by the minute?
1217jesss 2 years ago
its a conspiracy
IWashMyOwnBrain 2 years ago
i think there afraid of putting out the real number of views peter schiff reacieves because it certainly isn't 301 views for this much time. 301 VIEWS NEVER CHANGE IN THIS VIDEO, WHY?
1217jesss 2 years ago
Yeah I think its the Alien overloards.
IWashMyOwnBrain 2 years ago
Comment removed
gofucoffee 2 years ago
someone help me out. where's a good place to check the dollar index?
tmac9938 2 years ago
Go to bigcharts and enter dxy
ClownsAndBalloons 2 years ago
We're trailing Linda McMahon. Jesus help us all.
Peter, I'm convinced your "Team Schiff" web tools are broken, i.e., I signed up 5 times before getting the "you're signed up" confirmatory email. I think that's why your team schiff numbers are so low.
n0us3rn4m3s4v41l4bl3 2 years ago 3
People just dont like to be scared. They cant handle the truth. lol
IWashMyOwnBrain 2 years ago
Aren't you guys getting the feeling that the U.S. State is a bureaucratic behemoth that can't be dismantled on the inside? Isn't secession a better idea?
Chainedorlo 2 years ago 2
anyone be better then Dodd
bilpayne 2 years ago
hehe
gofucoffee 2 years ago
any reason why utility companies in the US would be an unwise investment?
bobsacamano1 2 years ago
it is simple if dollar collapses utilities will skyrocket and people will not be able to pay their bills it happens when currency collapses
tuktukktotam 2 years ago
What will those utility companies be paying you back in?? Flawed currency maybe??
CASTILLOM1 2 years ago
when inflation happens, the prices of the things bought with money go up. stocks are no exception.
bobsacamano1 2 years ago
It's already happened.
redxii1234 2 years ago
it's continuing.
bobsacamano1 2 years ago
Yes but you mistake inflation with what is going to happen to the dollar. There will be a change to our currency coming very soon, in the next 4 years at least. If you have been watching the dollar index you will see wild fluctuations in the value of the dollar and thats when the world still holds our currency and oil is still traded in dollars. I have been recommending only metals at this point. Our rights as humans are quickly evaporating. In your hands to count from now on!!
CASTILLOM1 2 years ago
What do you mean there will be a change to our currency coming very soon? Be more specific please.
I agree that metals are a good investment, but owning metals doesn't pay dividends like stocks do. A good portfolio includes both.
bobsacamano1 2 years ago
I mean we're in the beginning of a worldwide collapse in currencies. Every country out there has a paper disaster as we do. I do agree that a good portfolio should have had dividend paying stocks but understand that we're living in a different world now. Our rights as humans are quickly disappearing and our currencies becoming worthless. The Dollar will fall. Any investments denominated in dollars will have to be revalued at some point, I just dont trust the people doing the revaluing.
CASTILLOM1 2 years ago
And although metals dont pay dividends they are held in your physical possession at all times. "In your hands to count" is a slogan circulating around the internet by investors now that is gaining much popularity. Alot of people are expecting disruptions to the grid/banking system. If this occurs, good luck retreating your cash. Metals, in your hands to count!!
CASTILLOM1 2 years ago