@silverkosta ugh.. yes it is... it's precious and industrial.... re-read history buddy... gold and silver has always been a precious metal... and real money...
@APRtunedAudi As long as they have someone like Peter Schiff on that DOES know about the economy, I'm happy. I just listen to Peter and watch the beautiful babe.
As our forefathers declared some two hundred and thirty-five years ago, let us pledge to each other our lives, our fortunes, and our sacred honor. Donate to Ron Paul's Constitution Day Money Bomb Today.
@ParapaDrifter Lot of good that shit does you underground? The paper purchase trail is overwhelming. It will be turn it in or go to jail..While you're in jail hoping that when you get out that you will be rich?? Those confidants ripped your ass off... Sleep well thinking about that too fool..
@jadrummer110 so you're basically saying there is no way to resist the coming tide of global fascism?
If you are assuming they are going to throw everyone in jail, then the reality of the world, TOTAL GUT-WRENCHING Authoritarianism reigns, and violence will be the norm anyway.
Strange that you'd welcome such a terrible era of gov't lawlessness.
are they really going to throw everyone in jail who doesn't turn it in? Is that what they did during the great depression?
@ParapaDrifter Gold!!! The dusty stuff that sits in vaults all the time...hahahahaThere are hundreds of ready to go Fema camps right now all empty. Who will fill them? Besides like martial law can be done with a presidential order so will it be that gold as a currency will be outlawed. And not without a revolution can the fascism be stopped. "the tree of liberty must be refereshed with blood of patriots from time to time" ........some famous old dead guy wrote once..
@ParapaDrifter Yes. But do you have the balls to not care about your fico score? Max out all credit in cash ...stiff mortgage after living free as long as possible there. Work under the table jobs. Quit paying taxes!!!!! Never use banks..Live frugally..do your part to crash this system.. this planet needs a fresh reboot..
these guys are so rude on foxnews. i can hear them whispering in the background as schiff is providing his commentary. very unprofessional. schiff is dead on.
I miss my APR tuned 2.0TFSI STG III but YES its so true whats going on...I just feel bad for the savers that's not in HARD ASSETS like silver and gold **HINT you cant print more silver gold, and platinum.
I miss my APR tuned 2.0TFSI STG III but YES its so true whats going on...I just feel bad for the savers that's not in HARD ASSETS like silver and gold **HINT you cant print more silver gold, and platinum.
She says "other precious metals say for example platinum and you know well silver isn't exactly precious." WHAAAAAAAAAAT???? silver isn't a precious metal???? Now lets all say it together....... BIMBO !!!!!!!
Unlimited energy sources are out there!But the big oil corporations don't want that technology revealed,Get a motor that works with the power of magnets only at LT-MAGNET-MOTORdotCOM ,Start the energy revolution!
US agriculture went overboard by making itself too unncessarily sophisticated and complicated. They have not used rock powders, mechanized organic farming, maintain use of natural genetic varieties of food crops to become independently self-sufficient in seeds, living mulch, no till agriculture, powdered charcoal (terra-preta), multiple-cropping, etc. Combined together low price, high quality foods will become extensively available to the public and using electric powered farming equipment.
@APRtunedAudi I notice Cable News has alot of babes. Michele here came from CSNBC, and they still have alot of babes on, especially in the a.m. CNN and Bloomberg has there share too. The dogs are on the major Networks.
If you have savings the best thing to put your money into is water, non-perishibles, guns and ammunition. Those things will be more precious than gold when Peter's predictions come true.
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If you still have money left over a safe full of gold isn't a bad idea. Just make sure you have shot guns readily accessible in every room of the house.
@SpecialFester , Shots guns are ok for close quarter combat.
Id suggest Assault rifles and or high powered Rifles in general , U are literally safer killing the rioters at distance vs actually letting them make it into your house. 1 or 2 Remington 870's will be plenty. the Leftist unarmed lemming mob will be running around beating eachother with brooms to get a piece of bread , cant' wait to see the looks on their faces as they try to take something from those of us that warned them !
B.Obama's Health Care Reformation.... Do you trust this gov's bill?? Goto my you tube profile page and Know exactly why Americans thoughts are important !!
PS has either a one-track mind, or he's one-sided thinker, or he's playing politics
Y I say that:
All financial assets and debt in the world are valued/priced relative to each other. None of them is backed by anything. None of them has more intrinsic value than any other as judged by investors' interest in making profits. Everything has a certain value as set by the supply-demand equilibrium at certain moments in time. Circumstances change and so the prices of assets and debt change.
Thank God the whole thing is collapsing. Don't fight it, just sit back, chill out with some beers and watch the karma hit the fan from a safe distance. Best of luck to everybody.
Excuse me, Does she ever go to buy her food to Wal-Mart, Kroger, etc inflation is there, Decent Food is becoming a luxury item!!! I have seen inflation of about 25% on each of the last two years. Salaries are not changing or going way down. Im sorry but anyone who is not seeing inflation is totally out of reality.
..The Banksters are in total control on this once free nation and have been since 1913
Max Keiser pointed out that that the US Guberment could have PAYED OFF..EVERY..HOUSE IN AMERICA..(and EVERY CREDIT CARD FOR EVERY CITIZEN IN THE COUNTRY)...for 1/3 the amount of Loot the Guberment just handed over to the BANKSTERS
For 1/3 the COST of the BANKSTER Bailout !!!
Type in "The Money Masters" and watch those videos and GET EDUCATED...Slaves.
i think that 90% of the people IN FINANCE have no clue what they are doing (let alone reporters in general). its all based on lies which become a reality when everyone believes them (spoon fed public - no independant thinking).
argentina may be a very good place to invest/live over the coming decades. zimbabwe and former yugoslav republics are definately in some trouble.... especially eastern europe in a stagflationary depression.
hummm....wanna check out history?....like post ww1 Germany?...the threat is quite real, and the consequences of the bail out are yet to sink in.....15$ a loaf of bread would be no surprise....sorry....
You're dismissing progress, technology and all the social advancements and changes made. This is not a destitute WWI consciousness which i imagine you are secretly hoping for
Tell me when you're ready to give up or destroy your indoor plumbing, electricity, TV and the internet then we'll talk about a $15 loaf of bread
Corruption and beurocracy didn't create advancements technology and moderation in race relations. Why do we have to give up the the good things that have come about in the last 50 years to get rid of the bad ones?
as if im hopping for it, you must simply realize that when the rest of the world is gonna ditch the dollar, its gonna plunge another 70%...the inflation from the bailout hasn't came in yet....the dollar is worth 50% it was two years ago, that was only 50¤ of its value prior to the 90s and so on and on...and your deluded if you think anything as significantly changed since ww1, well it as, we lost unthinkable amounts of freedom ever since.....
you don't know what they are going to do, yet. You're dismissing a couple of important factors or just not considering them.
"inflation from..."
we're already broke - and if you really believe we have to pay down our debt, then unless you have an escape hatch your gold will be taken to do just that.
couple of other points RE:WWI... unless you want to continue I won't bother. Let me know...
for the gold thing, it wouldn't ''Gaing'' any value at all...its the dollar who looses all value...contact your congressman, let them know you are opposed to such policies that will see the US bankrupted to ensure the creation the United north america....id almost rather die then be part of your mindfucked america!
What we owe China & the Saudis alone will take generations with no spending whatsoever just to pay the interest on the debt
During the summer even Peter admitted we will never pay China back.
The IMF selling it's gold and asking us for 1 billion dollars what do you think is in the works? The object is to kill the USD and start a new monetary system - The Russians already showed us the coin.
but that's the thing...the gold isn't getting higher...its the dollar that's plunging to ever new record lows.....that's why it takes 1k$ for an ounce vs 380$ pre-911....the gold hasn't got one cent in increased value in truth.....it just takes more of the same dollar(a ''fiat currency'' btw) that is worth far less everyday
it doesn't work like that, if we rush unto gold, demand goes up so does the value. as for the dollar....its screwed....brace for impact! personally, im too poor to buy gold you see, so i stock up with the best canned foods there is, because hyper-inflation is on the horizon....you've read correctly...HYPER-INFLATION!
the thing is, with gold, most jewelery store will buy it by the weight, that is not the case for silver and copper.
My hope is too move on the country side, get a five acres land, and build myself a leisure farm. I want i slow combustion stove, an extra manual pomp for well water, a watermill electric-generator, solar panels, a huge garden, a huge cold closet, a spring house maybe, chickens and goats for milk!
no amount of gold is worth self-sufficiency in this world!
oh, and guess what would happen if you don't pay china back....they would have the right to claim your lands and enterprises....that which is state owned....like GM and others ....
the plan is to give them Tibet, Taiwan and the manufacturing base we built in their country.
If Americans cared more for their country and countrymen they would give every US citizen a home. Land is more important than gold to insure our freedoms; see the Chrysler building.
Expect the topic of patriotism and sovereignty to be high on the agenda in the 2016 election.
the price of gold tells us there's something right or wrong with the dollar - the more you buy the closer we get to a WC
The US has better technology than China. The US has space and land and se-a based defence systems that are far more numerous and advanced than Chinese defence systems, plus, the US has ultr-secret "last-ditch" advanced weaponry and systems that make the US unbeatable in a war. Plus, the Chinese know that going to war with their best customer and debtor ia not good business, and above all, the eare good businesspeople. Despite their communist system.
According to geological evidence, see SuperWave theory, gold dust can fall from the sky after a high energetic gamma ray event, see pair production for an explanation. If that happens and everyone can acquire gold easily then the price will drop like a rock in a lake. See cosmic hot spots for evidence that this event may occur soon.
I think gold is almost toped out and when everyone spends their money on it and the dollar crashes then the gold will be set at a new value to go along with the new monetary system,just a way to get your last cent. OnePeace
Faux News has some of the most ignorant people posing as know-it-all pundits. Schiff is wasting his time trying to convince these jerks that the dollar is ruined by the Fed. Heaven help us all.
its not to late to get gold. this bitch is a misleader. Seriously guys. Would you take any advice from this bitch. In the real world with out a teleprompter you would see she is just a fraud. She is a model. Once she gets a wrinkle the media will spit her out. Than they will get a new retard.
LoL After watching few latest Peters videos its clearly obvious that he changed style the way he speaks I mean only after he said the truth only then he would calm down. And I like it the way he goes in political mode of expressing himself. Now he wont let anyone interrupt him when his talking HE will interrupt/bombard you with common sense and obvious truth :D
Here in germany we only get bs from investment advisors. If i had not found out on YouTube about Peter Schiff and about Austrian Economists, i would have missed this completely.
He also corrected my more socialistic view on the world. Thanks to him i realize now that our economies have to crash because of this insane amount of debt the governments burden us with.
Fiat Money and Fractional Reserve Systems invite govs to spend money until we go all broke.
Everyone is commenting on how high Gold will go and what the nominal value will be. We should all change our dollars for gold or silver or land, its our only Liberty we have left, No govt or Oligarchy can take away the intrinsic value of Gold and silver. As long as you hold Dollars you are a slave to them..wake up sheeple
Get wisdom first? Huh? That proverb does not say to acquire wisdom before gold. It simply says that wisdom is more cherished than even gold. You can't drive to the coin shop and buy wisdom. I'd put my money on a dumb man with gold rather than a wise man with fiat.
Yes, I know it doesn't say to get wisdom BEFORE gold. I did. Curious, did you assume that I suggest NOT buying gold? When did I say that? I agree with Peter Schiff all the way! My original post was just a statement about how important wisdom is. Take it easy... Don't take things so seriously. Probably just a misunderstanding and we probably actually agree.
I simply pointed out that the proverb you referenced is not relevant to this discussion because you either have wisdom or you don't. You can't buy it but you can buy gold.
It looked like you weren't paying attention to context, because your remark made no sense in the context of the video, which is all about economics and investing.
I don't see how Proverbs 16:16 can be understood as a recommendation to delay buying gold today, unless you think that federal reserve notes, stocks, or other assets are "more precious than wisdom" even as wisdom is "more precious than gold." Savings have to be put somewhere.
Oh yes, I agree with you. Don't delay. I think you think I am against Peter Schiff and buying gold. Must be a misunderstanding. If I had money, I'd probably buy gold too. It was just a statement about how important wisdom is. No hard feelings bro. Take care.
Then you don't understand what Peter is saying. It will reach 5000 if the government doesn't raise interest rates and stop creating money to pay off the US debt.
If they gradually start raising them in a few months, then gold will stop this ramp-up...Peter just believes they will not stop creating money.
Look dont blame anyone but yourself, if you see aggressive interest rates set by the FED, don't hold onto your gold simple as that. even a gradual change will allow you time to move into cash. however, what if, job losses mount and mortgage payments spikes as companies and banks tighten, not only do we have to raise interest rates, will we keep them if things get bad??? Its a two part equation to see if the recovery will hold when the FED tightens. personally, I dont think it will
@mrzack888 If it doesn't hit $5000, that will be a good thing, because our government will have stopped destroying the dollar. If they keep doing so, expect it to.
I love Schiff and I think he's probably right, but I get lost on his saying Americans have to stop consuming and start producing. America is the biggest consumer in the world, if we stop consuming and start producing, who are we going to produce for? For us to produce a lot more and stop consuming, someone else has to have the wealth to buy the stuff we make. Isn't the productive capacity of the world already too high and unneeded?
I'm pretty sure Schiff would argue that there is a billion Chinese and a billion Indians who are more than happy and capable financially to significantly increase their consumption. Schiff however seems to believe in this Austrian concept that production creates its own demand thus he believes that if you produce there will be consumption automatically this is a view that really isnt correct however.
Its much much more sustainable if if a basket of countries consume more (Canada, Europe, Australia, BRIC countries) then just 1 country. Do you really think 5% of world population has gift to consume. The American consumer is not in the markets, they are busy increasing their saving to pay down debt and replenishing inventories when needed. By your logic, Why is the world recovering faster then the US. The foreign countries should be collapsing left and right without American consumption
@christo930 The emerging markets are consuming, as well as producing. I can't remember which quarter it was this year, but Chinese auto sales were higher than the US. So there is a big consumer already in existence.
thats right - the Chinese banks have loosened monetary pressure big time, and they've redirected their savings away from loaning it to the US and our now sending it to the back pockets of chinese workers and businesses - the US will run out of buying power - look at the plateauing of the oil price - the US will not have the purchasing power to buy oil like they have been over the last 10 years - if a gallon costs a normal worker 29 minutes of labour rather than 17 - demand will fall
Unless the banks are willing to make the same mistakes as US banks and the Chinese consumer willing to make the same mistakes as the American consumer (by falling into the credit card trap), I don't see how anyone can replace the American consumer.
I don't know about eventually, but right now, much of China doesn't have electricity or running water. Most of China is dirt poor, but they do have a large number of "modern" citizens, but they don't have credit cards and for their sake, I hope they never do.
Do you think any country, not armed with credit cards can compete with the American consumer with credit cards?
There are many poor Chines but because of the massive number of people in terms of trade, China is the largest trading nation in the world. In terms of gross domestic product China is the number two in the world. China, along with Asia seems positioned to lead the world ,economically and militarily.
Militarily the Chinese have a long way to play catch-up. The US and the Russians have been developing military hardware for many, many decades and while they can superficially copy Russian and American hardware, they are a long way off. According to the best military and tech minds in the world, the US could perform a successful 1st strike against China without getting a single hit in return.
I understand in terms of Hardware and nuclear weapons the Chinese are behind but there are many war analysts who believe China, because of their vast resources would defeat America in a conflict. In any event, I was speaking about the future. China's economy is growing. The Chinese own big chunks of America. China is advancing and America is clearly declining. America pundits may not broadcast this view but international analysts all point to China as the future superpower.
I don't really think the US and China will face each other any time soon. We are on opposite sides of the globe with no real reason to attack each other and it would bankrupt both countries...
But yes, at the rate they are going, they will be THE economic super-power of the 21st century.
Yes he did predict the recession. But he did not see the rise in the dollar, late '08-mid '09, that lost his EP clients a lot of $. He's been right on everything else, except for his thoughts on the dollar, which he admits in past videos.
Watching your portfolio day to day and not realizing unrealized losses or gains is a useless thing. People need to not worry about what their portfolio is doing on a moth to month or year to year basis. If you are under 60 years old, you shouldn't even be that concerned. Good investments can go bad for short periods, but generally do well.
Peter has been right all a long. If you bought the shang hai composite at any time in the past, you are sure to be making money now. It is up over 80% from the bottom, and you add in gains from the dollar losing value, and you have doubled your money.
I am a client at Euro Pacific Capitol and i didn't loose any money, my investments have only doubled by listening to Peter Schiff financial expertise, most of Peter Schiff's clients do very well, i think you're only referring maybe a few people who lost some money, but that's a few, Peter Schiff has over 15,000 clients and i would say 98% of his other clients including myself do very, very well.
This is one of his best interviews EVER! People are starting to jump on the gold wagon and give Schiff some credit. The media does not understand that we already have inflation....which is expanding the money supply!
CNBS's 'analyst' didn't even know GLD was an ETF. Yep - This is THE place to get your investing advice. Pardon me while I position myself for a dollar rally that will have the Indians selling the gold outa their teeth for those precious greenbacks.....
Don't disagree with a potential short term rally but the problem is that the only place you will be able to spend it is within the US. Just got back from Europe and no one would accept it. Wonder why the US just transfered their entire gold reserves out of the country last week.
I can't believe they are still trying to make Peter give them an exact number on how high gold will go in price. How can they really expect anybody to know that?
Buffet flocked his money to a hard valuable asset in the railroad industry to get rid of his bleeding dollars. If the dollar was truly strong he'd keep the money and let it appreciate
This comment has received too many negative votesshow
peter is off his medication again!!! gold was $2000 in 80's and drop to $325 p,z,
in 2000's. and that tells you the gold prices do go up and down. as soon as the us dollars bounce back all you people listen to peter will lose lot money.
why isn't gold at its 1980 inflation adjusted price? this is what morons like you do not understand.. There is manipulation of the shorts in Gold and silver. JPMorgan/Goldman sachs have a 40% short position or more in silver? why does the regulators let his go on when they busted the hunt brothers in 80' with a postion of only 10% in silver.. you guys overlook why gold and silver are not at inflation adjusted highs..
@sunnyjong1 Gold has never been near $2000. It just hit it's all time high in the past week. Stop spreading false information. Yes gold, like all investments, goes up and down.
who stole the 911 gold? they will sell it after the run it up in price....EVIL WILL BURN
DgurlSunshine 3 months ago
@APRtunedAudi Because fox in NOT a credible organisation!
OrganNLou 3 months ago
This is turning out to be all lies! Wall street controls Fox, therefore they will trick the American people into believing anything!
OrganNLou 3 months ago
Silver is not precious ... Lol
silverkosta 4 months ago
@silverkosta ugh.. yes it is... it's precious and industrial.... re-read history buddy... gold and silver has always been a precious metal... and real money...
twin1010101010 2 months ago
@APRtunedAudi As long as they have someone like Peter Schiff on that DOES know about the economy, I'm happy. I just listen to Peter and watch the beautiful babe.
xmBill1 4 months ago
As our forefathers declared some two hundred and thirty-five years ago, let us pledge to each other our lives, our fortunes, and our sacred honor. Donate to Ron Paul's Constitution Day Money Bomb Today.
ronpaul2012DOTcom to donate.
AmericanValues321 4 months ago
the part at the end is pretty hilarious
towerofrebel 4 months ago
so isn't peter schiff reinforcing his allegations by bad talking dollar, telling everyone to put in gold?
ParapaDrifter 4 months ago
@ParapaDrifter self- manifesting prophesy
ParapaDrifter 4 months ago
Gold now at $1,750-1,825 - as at 14th aug 2011
silver at $38-39 ;)
LazzyRabbit 5 months ago
As soon as you suckers load up on the shiny metal the govt is going to confidscate it like they did in the first depression. Fools.
jadrummer110 8 months ago
@jadrummer110 thats when you bury it, give the treasure map to confidants.
ParapaDrifter 4 months ago
@ParapaDrifter Lot of good that shit does you underground? The paper purchase trail is overwhelming. It will be turn it in or go to jail..While you're in jail hoping that when you get out that you will be rich?? Those confidants ripped your ass off... Sleep well thinking about that too fool..
jadrummer110 4 months ago
@jadrummer110 so you're basically saying there is no way to resist the coming tide of global fascism?
If you are assuming they are going to throw everyone in jail, then the reality of the world, TOTAL GUT-WRENCHING Authoritarianism reigns, and violence will be the norm anyway.
Strange that you'd welcome such a terrible era of gov't lawlessness.
are they really going to throw everyone in jail who doesn't turn it in? Is that what they did during the great depression?
ParapaDrifter 4 months ago
@ParapaDrifter Gold!!! The dusty stuff that sits in vaults all the time...hahahahaThere are hundreds of ready to go Fema camps right now all empty. Who will fill them? Besides like martial law can be done with a presidential order so will it be that gold as a currency will be outlawed. And not without a revolution can the fascism be stopped. "the tree of liberty must be refereshed with blood of patriots from time to time" ........some famous old dead guy wrote once..
jadrummer110 4 months ago
@jadrummer110 *dusts of another quote* -- "When injustice becomes law, resistance becomes duty." Thomas Jefferson.
Do you actually have any solutions other than denigration?
ParapaDrifter 4 months ago
@ParapaDrifter Yes. But do you have the balls to not care about your fico score? Max out all credit in cash ...stiff mortgage after living free as long as possible there. Work under the table jobs. Quit paying taxes!!!!! Never use banks..Live frugally..do your part to crash this system.. this planet needs a fresh reboot..
jadrummer110 4 months ago
$1,500.00 per oz. on May11, 2011 I guess he knows what he's talking about? it was $1,100.00 when this thing was recorded.
450984 8 months ago
This has been flagged as spam show
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GotSilver100 8 months ago
stronger dollar?? lol
donniebrasco24 9 months ago
@APRtunedAudi Haha, I know, it's annyong you can't take them seriously most anchorwomen are like that.
Pdrum2 10 months ago
these guys are so rude on foxnews. i can hear them whispering in the background as schiff is providing his commentary. very unprofessional. schiff is dead on.
PaulbylPaulbyl 1 year ago 2
@onecoolgreek why would that make gold drop?
indman101 1 year ago
@APRtunedAudi as long as you and i keep watching... :))
Rawego 1 year ago
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MotesTV 1 year ago
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MotesTV 1 year ago
the rug will be pulled when the time is appropriate. the CFR won't go beyond 2020 in their forecasting.
onceRoquin 1 year ago
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VailAlafred 1 year ago
@APRtunedAudi
I miss my APR tuned 2.0TFSI STG III but YES its so true whats going on...I just feel bad for the savers that's not in HARD ASSETS like silver and gold **HINT you cant print more silver gold, and platinum.
krncoolwater 1 year ago
@APRtunedAudi
I miss my APR tuned 2.0TFSI STG III but YES its so true whats going on...I just feel bad for the savers that's not in HARD ASSETS like silver and gold **HINT you cant print more silver gold, and platinum.
krncoolwater 1 year ago
She says "other precious metals say for example platinum and you know well silver isn't exactly precious." WHAAAAAAAAAAT???? silver isn't a precious metal???? Now lets all say it together....... BIMBO !!!!!!!
LibertiesDefender 1 year ago
Nov 9 2010 gold $1427
Peter Schiff is RIGHT
europa 1 year ago
The gallon of milk is 4 dollars Per gallon here in New York. I better change milk for tea in the morning.
Solution:
Peters Chiff and RON PAUL. THE DYNAMITE COMBINATION.
Gioxtream 1 year ago
one year after this video, Gold was up 17.6%
6024691380 1 year ago
This has been flagged as spam show
Unlimited energy sources are out there!But the big oil corporations don't want that technology revealed,Get a motor that works with the power of magnets only at LT-MAGNET-MOTORdotCOM ,Start the energy revolution!
dharmastipulate 1 year ago
US agriculture went overboard by making itself too unncessarily sophisticated and complicated. They have not used rock powders, mechanized organic farming, maintain use of natural genetic varieties of food crops to become independently self-sufficient in seeds, living mulch, no till agriculture, powdered charcoal (terra-preta), multiple-cropping, etc. Combined together low price, high quality foods will become extensively available to the public and using electric powered farming equipment.
darthvader5300 1 year ago
I see a pullback temporary .. but well check this out .. if end of this year it will hit and maintain above 1400 you eat my shoes...
faviershoo 1 year ago
2 people store cash under their mattress.
jdjbarnat 1 year ago
Silver isn't a precious metal, oh really. I disagree.
brizzlekizzle 1 year ago
I SEE INFLATION ..IN HER MASSIVE TITS..
mthrnatrsson1 1 year ago 2
@APRtunedAudi I notice Cable News has alot of babes. Michele here came from CSNBC, and they still have alot of babes on, especially in the a.m. CNN and Bloomberg has there share too. The dogs are on the major Networks.
dons123111 1 year ago
LOL That was hilarious how Peter kept talking through at the 5 minute mark. Nicole sure rambled on about her question to Peter
rmccay88 1 year ago
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rmccay88 1 year ago
Look whose talking.. haha that babe know nuts.. its really 1200 + now ..
faviershoo 1 year ago
@faviershoo now it's 1300+ =)
jdjbarnat 1 year ago
@APRtunedAudi They know how to envelope HUGE nigger rod and GULP GALLONS of jizz...and that's just about it.
AZCopperMiner 1 year ago
If you have savings the best thing to put your money into is water, non-perishibles, guns and ammunition. Those things will be more precious than gold when Peter's predictions come true.
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If you still have money left over a safe full of gold isn't a bad idea. Just make sure you have shot guns readily accessible in every room of the house.
SpecialFester 1 year ago
@SpecialFester , Shots guns are ok for close quarter combat.
Id suggest Assault rifles and or high powered Rifles in general , U are literally safer killing the rioters at distance vs actually letting them make it into your house. 1 or 2 Remington 870's will be plenty. the Leftist unarmed lemming mob will be running around beating eachother with brooms to get a piece of bread , cant' wait to see the looks on their faces as they try to take something from those of us that warned them !
Wonglow 1 year ago
Fox Business definitely has the finest sluts, it's really too bad that Nicole doesn't know what the GLD is but I'm not complaining.
zinkerled 1 year ago
@APRtunedAudi I watch these shows with the sound turned down.
ANTIDALLARD 1 year ago
B.Obama's Health Care Reformation.... Do you trust this gov's bill?? Goto my you tube profile page and Know exactly why Americans thoughts are important !!
Yelena335 1 year ago
Well this Nicole is definitely a Fox! I´d buy some gold with her :D
runarolsen 1 year ago
@runarolsen She'd lead you into financial ruin and then move on to the next guy.
ANTIDALLARD 1 year ago 2
@ANTIDALLARD - Damn! Sounds like you are speaking from bitter experience!! ;)
runarolsen 11 months ago
PS has either a one-track mind, or he's one-sided thinker, or he's playing politics
Y I say that:
All financial assets and debt in the world are valued/priced relative to each other. None of them is backed by anything. None of them has more intrinsic value than any other as judged by investors' interest in making profits. Everything has a certain value as set by the supply-demand equilibrium at certain moments in time. Circumstances change and so the prices of assets and debt change.
iepurasuonline 2 years ago
gold...$5000 lol, got to be joking.
DrYenisun 2 years ago
gold was $415 five years ago now its $1,150 thats almost triple think about the next 3, 5, and 10 years; 5,000 is very good possibility.
sean20t 2 years ago
did she say silver is not a pres. metal ?
billholb1974 2 years ago
Gold + 18 yesterday
Gold + 16 today
At this rate its going to be more profitable then silver!
xD
TVAExtreme 2 years ago
the lady is hot!
desongliu 2 years ago 3
Thank God the whole thing is collapsing. Don't fight it, just sit back, chill out with some beers and watch the karma hit the fan from a safe distance. Best of luck to everybody.
lunaulander 2 years ago
The lady does no see inflation???
Excuse me, Does she ever go to buy her food to Wal-Mart, Kroger, etc inflation is there, Decent Food is becoming a luxury item!!! I have seen inflation of about 25% on each of the last two years. Salaries are not changing or going way down. Im sorry but anyone who is not seeing inflation is totally out of reality.
monoarania10 2 years ago 23
..The Banksters are in total control on this once free nation and have been since 1913
Max Keiser pointed out that that the US Guberment could have PAYED OFF..EVERY..HOUSE IN AMERICA..(and EVERY CREDIT CARD FOR EVERY CITIZEN IN THE COUNTRY)...for 1/3 the amount of Loot the Guberment just handed over to the BANKSTERS
For 1/3 the COST of the BANKSTER Bailout !!!
Type in "The Money Masters" and watch those videos and GET EDUCATED...Slaves.
Ooloosoon 2 years ago
LOL, I'd like to drop Ben Bernanke from a helicopter! Peter was on fire.
ElectRonPaul2008 2 years ago
What stock Peter said at 5:46 ? I could not understand. Please help.
gigiontube 2 years ago
Anybody notice gold is up $20 an ounce today. Everytime I check it, it is higher.
informedskeptic 2 years ago 2
oh c'mon this is all you got? a country that doesn't even have toilets and two who haven't recovered from fascist commie dictatorships
really?
There are three things Americans will Never Ever give up: indoor plumbing, electricity and their car.
try again.
marniespeaks 2 years ago
i think that 90% of the people IN FINANCE have no clue what they are doing (let alone reporters in general). its all based on lies which become a reality when everyone believes them (spoon fed public - no independant thinking).
4CWealth 2 years ago 4
argentina may be a very good place to invest/live over the coming decades. zimbabwe and former yugoslav republics are definately in some trouble.... especially eastern europe in a stagflationary depression.
4CWealth 2 years ago
wow wat a moron!! u gotta pay for that stuff even chicken feed even other expenses somehow!! ahah noob!
W69W 2 years ago
It's like Peter Schiff is talking in front of a bunch of 2nd graders about economics. lol.
jamezbond78 2 years ago
15$ for a loaf of bread - I'd rather eat cake
OghamTheBold 2 years ago
Nicole is super hot!
bakinjoo 2 years ago
Gold at $5k means bread would be $15 a loaf - that will never happen
marniespeaks 2 years ago
hummm....wanna check out history?....like post ww1 Germany?...the threat is quite real, and the consequences of the bail out are yet to sink in.....15$ a loaf of bread would be no surprise....sorry....
GDragon9666 2 years ago
You're dismissing progress, technology and all the social advancements and changes made. This is not a destitute WWI consciousness which i imagine you are secretly hoping for
Tell me when you're ready to give up or destroy your indoor plumbing, electricity, TV and the internet then we'll talk about a $15 loaf of bread
marniespeaks 2 years ago
Corruption and beurocracy didn't create advancements technology and moderation in race relations. Why do we have to give up the the good things that have come about in the last 50 years to get rid of the bad ones?
GaryVolts 2 years ago
dude follow the thread
marniespeaks 2 years ago
as if im hopping for it, you must simply realize that when the rest of the world is gonna ditch the dollar, its gonna plunge another 70%...the inflation from the bailout hasn't came in yet....the dollar is worth 50% it was two years ago, that was only 50¤ of its value prior to the 90s and so on and on...and your deluded if you think anything as significantly changed since ww1, well it as, we lost unthinkable amounts of freedom ever since.....
GDragon9666 2 years ago
"when the rest of the world "
you don't know what they are going to do, yet. You're dismissing a couple of important factors or just not considering them.
"inflation from..."
we're already broke - and if you really believe we have to pay down our debt, then unless you have an escape hatch your gold will be taken to do just that.
couple of other points RE:WWI... unless you want to continue I won't bother. Let me know...
marniespeaks 2 years ago
nah you can stop, your clearly missing the point
for the gold thing, it wouldn't ''Gaing'' any value at all...its the dollar who looses all value...contact your congressman, let them know you are opposed to such policies that will see the US bankrupted to ensure the creation the United north america....id almost rather die then be part of your mindfucked america!
GDragon9666 2 years ago
get your rope because that's where we are headed.
What we owe China & the Saudis alone will take generations with no spending whatsoever just to pay the interest on the debt
During the summer even Peter admitted we will never pay China back.
The IMF selling it's gold and asking us for 1 billion dollars what do you think is in the works? The object is to kill the USD and start a new monetary system - The Russians already showed us the coin.
The higher gold goes the closer we get to a WC
marniespeaks 2 years ago
but that's the thing...the gold isn't getting higher...its the dollar that's plunging to ever new record lows.....that's why it takes 1k$ for an ounce vs 380$ pre-911....the gold hasn't got one cent in increased value in truth.....it just takes more of the same dollar(a ''fiat currency'' btw) that is worth far less everyday
GDragon9666 2 years ago
we're headed for a world currency - what you're paying in dollars for gold won't matter when we get rid of the dollar
marniespeaks 2 years ago
it wasn't so long ago when we had a world currency - just 50 years ago the WC was... gold.
tricky778 2 years ago
true, but you do know if we switch back it means either raising the value of the dollar or devaluing the price of gold.
marniespeaks 2 years ago
it doesn't work like that, if we rush unto gold, demand goes up so does the value. as for the dollar....its screwed....brace for impact! personally, im too poor to buy gold you see, so i stock up with the best canned foods there is, because hyper-inflation is on the horizon....you've read correctly...HYPER-INFLATION!
GDragon9666 2 years ago
you underestimate the government stepping in and controlling prices - Nixon did it.
marniespeaks 2 years ago
You can still buy silver or cobber, which are also monetary. And remember gold is still relatively cheap, considering how high it's set to go.
drpapa26 2 years ago
the thing is, with gold, most jewelery store will buy it by the weight, that is not the case for silver and copper.
My hope is too move on the country side, get a five acres land, and build myself a leisure farm. I want i slow combustion stove, an extra manual pomp for well water, a watermill electric-generator, solar panels, a huge garden, a huge cold closet, a spring house maybe, chickens and goats for milk!
no amount of gold is worth self-sufficiency in this world!
GDragon9666 2 years ago
I too long for self sufficiency like you described...
drewry 2 years ago
it can be done my friend! May you accomplish your heart's desires!
GDragon9666 2 years ago
no its wasnt//!
timesplitters333 2 years ago
oh, and guess what would happen if you don't pay china back....they would have the right to claim your lands and enterprises....that which is state owned....like GM and others ....
GDragon9666 2 years ago
the plan is to give them Tibet, Taiwan and the manufacturing base we built in their country.
If Americans cared more for their country and countrymen they would give every US citizen a home. Land is more important than gold to insure our freedoms; see the Chrysler building.
Expect the topic of patriotism and sovereignty to be high on the agenda in the 2016 election.
the price of gold tells us there's something right or wrong with the dollar - the more you buy the closer we get to a WC
marniespeaks 2 years ago
Damn China just miss the buying opportunity Cant believe India is smarter than Chinese
jimmyd3277 2 years ago
The US has better technology than China. The US has space and land and se-a based defence systems that are far more numerous and advanced than Chinese defence systems, plus, the US has ultr-secret "last-ditch" advanced weaponry and systems that make the US unbeatable in a war. Plus, the Chinese know that going to war with their best customer and debtor ia not good business, and above all, the eare good businesspeople. Despite their communist system.
Beamshipcaptain 2 years ago
According to geological evidence, see SuperWave theory, gold dust can fall from the sky after a high energetic gamma ray event, see pair production for an explanation. If that happens and everyone can acquire gold easily then the price will drop like a rock in a lake. See cosmic hot spots for evidence that this event may occur soon.
GateMessenger 2 years ago
I think gold is almost toped out and when everyone spends their money on it and the dollar crashes then the gold will be set at a new value to go along with the new monetary system,just a way to get your last cent. OnePeace
2012nugget 2 years ago
what are you going to use to buy gold? The US doller?
Greg78X 2 years ago
sold my house bought gold coins moved into rented accom. makin a fortune
gerryboy3699 2 years ago
You mean the dollar and of coarse you use it to buy gold. What else would you use?
Watthiman 2 years ago
Good 'ole helicopter Ben...
LPLandingZone 2 years ago
Faux News has some of the most ignorant people posing as know-it-all pundits. Schiff is wasting his time trying to convince these jerks that the dollar is ruined by the Fed. Heaven help us all.
bbburton 2 years ago 2
Peter it was 200 tonnes of gold that India bought, not 100.
jjenson2006 2 years ago 4
its not to late to get gold. this bitch is a misleader. Seriously guys. Would you take any advice from this bitch. In the real world with out a teleprompter you would see she is just a fraud. She is a model. Once she gets a wrinkle the media will spit her out. Than they will get a new retard.
scottrex33 2 years ago 3
LoL After watching few latest Peters videos its clearly obvious that he changed style the way he speaks I mean only after he said the truth only then he would calm down. And I like it the way he goes in political mode of expressing himself. Now he wont let anyone interrupt him when his talking HE will interrupt/bombard you with common sense and obvious truth :D
DesTroYeRuS7 2 years ago
Peter is right and the shysters on Fox are wrong - again
kickittome70 2 years ago
will everyone get a salary increase to keep up w/ inflation? congress better pass this shit as a law and make it official.
inconformant 2 years ago
Only if you work for the government. The rest of the people will have to suck it.
GaryVolts 2 years ago
i got that shit buried in my backyard.. let the sheeple go broke.. ill be King of the Hill when they do..
SteveBKNY 2 years ago
Sheeple - thats a classic - in Australia we'd call that one a "pearler"
kickittome70 2 years ago
He perdicted 1200 by year end .That is a very good guess or he knows what is going on for real.
SSWOLFENSTEINSS 2 years ago
Here in germany we only get bs from investment advisors. If i had not found out on YouTube about Peter Schiff and about Austrian Economists, i would have missed this completely.
He also corrected my more socialistic view on the world. Thanks to him i realize now that our economies have to crash because of this insane amount of debt the governments burden us with.
Fiat Money and Fractional Reserve Systems invite govs to spend money until we go all broke.
pcuimac 2 years ago 3
Poor Nicole. Who did she suck off to get that job reporting from the floor?
She musta given someone the BJ of a lifetime. Great job Nicole.
Now don't be late to the hot tub after the show.
roddiero 2 years ago
Everyone is commenting on how high Gold will go and what the nominal value will be. We should all change our dollars for gold or silver or land, its our only Liberty we have left, No govt or Oligarchy can take away the intrinsic value of Gold and silver. As long as you hold Dollars you are a slave to them..wake up sheeple
strawjam59 2 years ago
Peter is absolutely right about everything...
...except India bought 200 metric tons of gold instead of 100.
it's disappointing and funny to see that lady talking out of her arse and get corrected by Peter.
Ristar85 2 years ago
More precious than gold is wisdom. Prov 16:16
;)
mikile173 2 years ago
You should really pay attention to context.
foolcow1976 2 years ago
Clarification: In the "context" of Proverbs 16:16, wisdom is more precious than gold. :)
BTW, I'm NOT saying don't by gold, just that one should get wisdom first.
Curious, how do you know that I wasn't paying attention to context?
mikile173 2 years ago
Get wisdom first? Huh? That proverb does not say to acquire wisdom before gold. It simply says that wisdom is more cherished than even gold. You can't drive to the coin shop and buy wisdom. I'd put my money on a dumb man with gold rather than a wise man with fiat.
Watthiman 2 years ago
Yes, I know it doesn't say to get wisdom BEFORE gold. I did. Curious, did you assume that I suggest NOT buying gold? When did I say that? I agree with Peter Schiff all the way! My original post was just a statement about how important wisdom is. Take it easy... Don't take things so seriously. Probably just a misunderstanding and we probably actually agree.
mikile173 2 years ago
I simply pointed out that the proverb you referenced is not relevant to this discussion because you either have wisdom or you don't. You can't buy it but you can buy gold.
Watthiman 2 years ago
It looked like you weren't paying attention to context, because your remark made no sense in the context of the video, which is all about economics and investing.
I don't see how Proverbs 16:16 can be understood as a recommendation to delay buying gold today, unless you think that federal reserve notes, stocks, or other assets are "more precious than wisdom" even as wisdom is "more precious than gold." Savings have to be put somewhere.
foolcow1976 2 years ago
Oh yes, I agree with you. Don't delay. I think you think I am against Peter Schiff and buying gold. Must be a misunderstanding. If I had money, I'd probably buy gold too. It was just a statement about how important wisdom is. No hard feelings bro. Take care.
mikile173 2 years ago
Professor Peter is so far ahead of the other commentators.
alphabeets 2 years ago 3
if gold doesn't hit 5000 in the coming years, then I'll be extremely disappointed in the Schiffster.
mrzack888 2 years ago
In Zimbabwe you can't do a 1oz gold coin transaction in Zimbabwe dollars becasue there's not enough "paper" in the country.
5,000 how about gold is $160,000 right now in US dollars.
For every 1 oz of physical that exists 160 oz are on paper (Gold certificates) or fiat gold a promise to deliver.
Real value of gold in a free market:
1oz (1100 market) x 160 fiat gold = $ 116,00 US
No one knows how much fiat silver is out there ?
boots920 2 years ago
Wow, I better buy some GLD tomorrow then, or get some at the Perth Mint.
panther9mm 2 years ago
Make sure its physical the Perth mint doesn't have the physical metal to back up their certificates.
How do I know for sure, I had silver certificates they broke the contract by delivery time and bar size .
No compensation !!! This happened a year ago when silver was low value !!!
boots920 2 years ago
Peter deals with the Perth Mint, and he doesn't see any problem with it. Peter has and always will protect his clients.
panther9mm 2 years ago
That's what I though when I was dealing with a major bank 's silver certificates.
What are you going to do sue them if they don't come through, then pay you in worthless currency.
That's why physical is mandatory when dealing with precious metal.
People reputations kinda disappear when they're caught in ponzi scams. Ie Bernie's 50 billion dollar ponzi.
So how how fiat silver is out there UNKNOWN ????
boots920 2 years ago
Then you don't understand what Peter is saying. It will reach 5000 if the government doesn't raise interest rates and stop creating money to pay off the US debt.
If they gradually start raising them in a few months, then gold will stop this ramp-up...Peter just believes they will not stop creating money.
roddiero 2 years ago
Look dont blame anyone but yourself, if you see aggressive interest rates set by the FED, don't hold onto your gold simple as that. even a gradual change will allow you time to move into cash. however, what if, job losses mount and mortgage payments spikes as companies and banks tighten, not only do we have to raise interest rates, will we keep them if things get bad??? Its a two part equation to see if the recovery will hold when the FED tightens. personally, I dont think it will
bl782 2 years ago
@mrzack888 If it doesn't hit $5000, that will be a good thing, because our government will have stopped destroying the dollar. If they keep doing so, expect it to.
kasrkinmullet 2 years ago
It's great how the hosts always try to cut him short with. mhmm, okay, yea, yea, it's like the nuggets of wisdom just bounce off their thick heads!
christinagomez 2 years ago
I love Schiff and I think he's probably right, but I get lost on his saying Americans have to stop consuming and start producing. America is the biggest consumer in the world, if we stop consuming and start producing, who are we going to produce for? For us to produce a lot more and stop consuming, someone else has to have the wealth to buy the stuff we make. Isn't the productive capacity of the world already too high and unneeded?
christo930 2 years ago
I'm pretty sure Schiff would argue that there is a billion Chinese and a billion Indians who are more than happy and capable financially to significantly increase their consumption. Schiff however seems to believe in this Austrian concept that production creates its own demand thus he believes that if you produce there will be consumption automatically this is a view that really isnt correct however.
Choros22 2 years ago
Its much much more sustainable if if a basket of countries consume more (Canada, Europe, Australia, BRIC countries) then just 1 country. Do you really think 5% of world population has gift to consume. The American consumer is not in the markets, they are busy increasing their saving to pay down debt and replenishing inventories when needed. By your logic, Why is the world recovering faster then the US. The foreign countries should be collapsing left and right without American consumption
bl782 2 years ago
@christo930 The emerging markets are consuming, as well as producing. I can't remember which quarter it was this year, but Chinese auto sales were higher than the US. So there is a big consumer already in existence.
kasrkinmullet 2 years ago
thats right - the Chinese banks have loosened monetary pressure big time, and they've redirected their savings away from loaning it to the US and our now sending it to the back pockets of chinese workers and businesses - the US will run out of buying power - look at the plateauing of the oil price - the US will not have the purchasing power to buy oil like they have been over the last 10 years - if a gallon costs a normal worker 29 minutes of labour rather than 17 - demand will fall
kickittome70 2 years ago
Unless the banks are willing to make the same mistakes as US banks and the Chinese consumer willing to make the same mistakes as the American consumer (by falling into the credit card trap), I don't see how anyone can replace the American consumer.
christo930 2 years ago
A small percentage of the one billion people in China alone will eventually replace the Americans as the the worlds largest consumers.
Watthiman 2 years ago
I don't know about eventually, but right now, much of China doesn't have electricity or running water. Most of China is dirt poor, but they do have a large number of "modern" citizens, but they don't have credit cards and for their sake, I hope they never do.
Do you think any country, not armed with credit cards can compete with the American consumer with credit cards?
christo930 2 years ago
There are many poor Chines but because of the massive number of people in terms of trade, China is the largest trading nation in the world. In terms of gross domestic product China is the number two in the world. China, along with Asia seems positioned to lead the world ,economically and militarily.
Watthiman 2 years ago
Militarily the Chinese have a long way to play catch-up. The US and the Russians have been developing military hardware for many, many decades and while they can superficially copy Russian and American hardware, they are a long way off. According to the best military and tech minds in the world, the US could perform a successful 1st strike against China without getting a single hit in return.
christo930 2 years ago
I understand in terms of Hardware and nuclear weapons the Chinese are behind but there are many war analysts who believe China, because of their vast resources would defeat America in a conflict. In any event, I was speaking about the future. China's economy is growing. The Chinese own big chunks of America. China is advancing and America is clearly declining. America pundits may not broadcast this view but international analysts all point to China as the future superpower.
Watthiman 2 years ago
I don't really think the US and China will face each other any time soon. We are on opposite sides of the globe with no real reason to attack each other and it would bankrupt both countries...
But yes, at the rate they are going, they will be THE economic super-power of the 21st century.
christo930 2 years ago
STFU, particularly if you have no knowledge of China ok. Don't pretend you are an expert because you know shit all.
Ignorant prick.
EnhydraLutris1 2 years ago
There always has to be someone to come along and ruin a perfectly good conversation.
christo930 2 years ago
you refer to your naive and ignorant comments as a perfectly good conversation?
and don't run away from the subject. admit that you don't have a clue about china and that you are not qualified to comment ok
EnhydraLutris1 2 years ago
Oh, please school me, oh wise one!
christo930 2 years ago
Peter is the last person I'd listen to when it comes to predicting the dollar.
FuckinGuitarHero 2 years ago
@FuckinGuitarHero Why????? Peter Schiff, did predict the recession! What's not credible about him, please give me your analysis
JamesBlakeWilliams 2 years ago
Yes he did predict the recession. But he did not see the rise in the dollar, late '08-mid '09, that lost his EP clients a lot of $. He's been right on everything else, except for his thoughts on the dollar, which he admits in past videos.
He's right in premise. Wrong in timing.
FuckinGuitarHero 2 years ago
Watching your portfolio day to day and not realizing unrealized losses or gains is a useless thing. People need to not worry about what their portfolio is doing on a moth to month or year to year basis. If you are under 60 years old, you shouldn't even be that concerned. Good investments can go bad for short periods, but generally do well.
christo930 2 years ago
Peter has been right all a long. If you bought the shang hai composite at any time in the past, you are sure to be making money now. It is up over 80% from the bottom, and you add in gains from the dollar losing value, and you have doubled your money.
Schiff has never been wrong on his timing.
panther9mm 2 years ago
I am a client at Euro Pacific Capitol and i didn't loose any money, my investments have only doubled by listening to Peter Schiff financial expertise, most of Peter Schiff's clients do very well, i think you're only referring maybe a few people who lost some money, but that's a few, Peter Schiff has over 15,000 clients and i would say 98% of his other clients including myself do very, very well.
JamesBlakeWilliams 2 years ago
the woman is hot!
desongliu 2 years ago
Yup..she's hot but doesn't have a clue about what she is talking about!
deathcube 2 years ago
This is one of his best interviews EVER! People are starting to jump on the gold wagon and give Schiff some credit. The media does not understand that we already have inflation....which is expanding the money supply!
petiemac12 2 years ago
CNBS's 'analyst' didn't even know GLD was an ETF. Yep - This is THE place to get your investing advice. Pardon me while I position myself for a dollar rally that will have the Indians selling the gold outa their teeth for those precious greenbacks.....
voxboobus 2 years ago
That was sarcasm right?
82abhilash 2 years ago
Yes. That was sarcasm.
voxboobus 2 years ago
Don't disagree with a potential short term rally but the problem is that the only place you will be able to spend it is within the US. Just got back from Europe and no one would accept it. Wonder why the US just transfered their entire gold reserves out of the country last week.
taineasy 2 years ago
What makes you think there will be a short term dollar rally?
82abhilash 2 years ago
Did anybody else notice the bird @ 7:58 (the very end)?
Oh, oh you didn't? I was under the impression that you had heard...That the bird is the word? BIRD BIRD BIRD!
soundgarden21 2 years ago
Man, these mainsteam news anchors are such tools. "Peter, explain how the dollar could lose all its value?" LMAO!
And then that chick probably doesn't even know what hyperinflation means. She expects a strong dollar next year. LMFAO!
corvetteseeker 2 years ago 2
7:08 best quote ever
johny344 2 years ago
I can't believe they are still trying to make Peter give them an exact number on how high gold will go in price. How can they really expect anybody to know that?
chiyerano 2 years ago
buddy, US is BANKRUPT! Trillions of dollars in debt...there's no DOLLAR rally around the corner, forget about it, gold will go up!
mechanicalengineer3 2 years ago 4
Buffet flocked his money to a hard valuable asset in the railroad industry to get rid of his bleeding dollars. If the dollar was truly strong he'd keep the money and let it appreciate
ForTehNguyen 2 years ago
This comment has received too many negative votes show
peter is off his medication again!!! gold was $2000 in 80's and drop to $325 p,z,
in 2000's. and that tells you the gold prices do go up and down. as soon as the us dollars bounce back all you people listen to peter will lose lot money.
sunnyjong1 2 years ago
why isn't gold at its 1980 inflation adjusted price? this is what morons like you do not understand.. There is manipulation of the shorts in Gold and silver. JPMorgan/Goldman sachs have a 40% short position or more in silver? why does the regulators let his go on when they busted the hunt brothers in 80' with a postion of only 10% in silver.. you guys overlook why gold and silver are not at inflation adjusted highs..
SIERRAHPBT 2 years ago
@sunnyjong1 Gold has never been near $2000. It just hit it's all time high in the past week. Stop spreading false information. Yes gold, like all investments, goes up and down.
jjg459 2 years ago 3