Peter Schiff on Goldseek Radio Mar 13, 2010

[realguy420]

Nice to hear Peter for more than the 6 minutes he gets on mainstream news. Good discussion!

[tanner858]

schiff for president

[knoweller]

Ok Huly-bully I apologize and retract, but why oh why so touchy mate? And what has Jesus got to do with this? What propels your type to desire other people's demise becouse someone happens to hit on your nerve? What are you from North Korea, I hope you will not end up staring down that ciff yourself!

[flex24gu]

dont listen to peter schiff he is employed by the international bankers aka the rothschild's his grandpa was jacob schiff who helped found the federal reserve that is destroying america and starting wars. Don't be a sheep people wake up and do your homework, and dont believe that this guy is part of some grassroots economic movement

[eeeeeegadd]

who says he is the grandson of jacob schiff? wikipedia says NO

[chaseef]

Your both wrong.

You blame both partys. And let them both suffer the consequences.

[Uwiluz60]

WTF...The housing Markets is only being driven by REPO'S and short sales and Government $8000 credits...The banks are not loaning money to many...Believe me I am in the business...The big market is selling a house with a $3000 to $ 4000 bonus to sell on top of the 7%...Its a joke, don't believe this joke of a government. Peter is right on this !

[achalmers]

Agreed. My sister in law is buying a house right now and is looking very forward to the $6500 credit (she's not a first time buyer). She's found that many of the homes she's looking at are short sales. I just hope she doesn't put 25% down on a house that just gonna lose value in the next 2-3 years. She keeps pointing to PMI, but I keep saying it's not worth the $166 extra per month. I told her to save the money for a down payment and invest it in gold/silver-related assets.

[Uwiluz60]

@achalmers I agree, I myself now invest

in older U.S. silver coins, Half dollars because

Melt value is close to collection value. There

are good buys on rental homes if you have

time for those problems. Hope your sister

will listen to you, Mine doesn't..lol

[OnlyGreatness007]

This muthafocker was crying gold gold gold gold for the last 2 years! Now he'singing a different tune. I'm starting to have my doubts about his opinions.

[viehe69]

27:30

"I recommend that everyone own precious metals"

28:00

"People have to make decisions on their own on what percentage (of metals) they want to have"

[OnlyGreatness007]

It's still a different tune than what he was saying in the past. Now he speaks with more disclaimer in his voice. Whatever!

[billsaintkilda]

He hasn't changed his opinion at all. He's always said you should own gold and dividend paying stocks. What's the difference here?

[thesoothsayers]

Where I live, the government was handed $22 mil from the feds. They buy the foreclosures for 40K, which increase the existing home sales #, then they put 20k into it and sell it to non profits who buy them and create section 8 housing which creates slums in what were nice areas. There is no wealth being created, the money is going to a few select wealthy. Everybody else suffers.

[Exposethefrauds]

Schiff is so right about owning great businesses that pay dividends

[louis12346]

Obamaville I share a van with friends,

does income go up with inflation (wages)

[romanmir01]

what is happening on the market is not gold trade, it's high frequency paper trade, which is all short.

[anolmec]

PETER....will you please STOP embarassing yourself by blaiming the housing collapse on unsuspecting borrowers that took out questionable loans. The BANKS CREATED AND OFFERED the loans. The BANKS securitized the loans, and in doing so converted a negotiable instrument into a non negotiable instrumewnt...IT CALLED FRAUD YOU FRIGGIN IDIOT. STOP PAYING LIP SERVICE TO VOTERS WHILE YOU PROTECT THE BANKS.

[Intellisecular]

Protect the banks? Read, The Mystery of Banking, by Murray Rothbard. This Austrian economic analysis, I guarantee you, is the basis for Schiff's view. Get your fucking facts straight and, please, just shut your pie hole until your know the facts, you stupid idiot.

[Intellisecular]

Protect the banks? Read, The Mystery of Banking, by Murray Rothbard. This Austrian economic analysis, i guarantee you, is the basis for Schiff's view. Get your fucking facts straight or just shut your pie hole until your know the facts, you stupid idiot.

[takerdust]

wah wah wahh.. i hate personal responsibility!

[anolmec]

wah wah wah I accept fraudulent contracts and blame the victims, rather then the perpetrators of those contracts.

[mrfellowship]

@anolmec

This guy still likes gold he's holding 50 % of his wealth in gold,

[7Hook]

wah wah wahh.. I'm a banker and all my fraud has come to light.. gimme a bailout or I nuke your economy.

[viehe69]

@analmec--

You clearly didn't listen.

[DaveC86]

FAKE! thats not peter chiff, this is clearly peter schiff they're talking to.

[7Hook]

the banks have trillions of dollars of toxic waste on their balance sheets that has no hope of having value again unless there is massive inflation in the US.

And future unfunded entitlements have no hope of being paid unless there is massive inflation in the US.

and Ben Bernanke believes the depression was the result of failing to print money and that the Fed would never make that mistake again.

Those are three great reasons to believe that the future is inflation.

[traynickel]

Thanks

[titan13131]

Great interview, loads of helpful information on housing and mortgages

[brodudemonkey]

remember` the point is not to focus on one politician/leader. Vote in as many new/freedom constitutional runners into office because it will take a new congress to really change legislation.

[BRUSHYSURFING]

wow! the scariest thing about this missive is the lack of intelligence being shown in the comments here... PARANOIA, Lets all have a big slice for dinner.

[dave997]

DXY was down this week and gold was down more, that is unusual and means there were more people getting rid of gold at a higher rate than dollars. CHINA TIGHTEnING!!

[dikkydoo1]

@dave997 you are way off gold dropping means NOTHING, gold prices are fixed daily by rothschild in london, by sticking his finger in the air to see which way the wind is blowing.

[pshinspections]

This govt is the pawn for the people that are the problem. Media=govt. No thanks.

[BRUSHYSURFING]

you are espousing moronic shit

[fazholio]

LOL. you are a total bozo that has infiltrated our world

[elboertjie]

Why do you say that?

[dxartist]

@cavalucho

mossad agents aren't that smart.

[Tsailand]

1. No hes not.

2. mossad already has at least 15 agents in the senate, plus another 80 or so useful idiots. Not like it's gonna get any worse.

[stater68]

The mossad is awesome

[skibee50]

Chiff lol

[pretorious700]

Only a shill of the government would say the housing collapse is over