I'm pretty sure Bernanke will be remembered as the worst fed chairman ever, but people don't see that yet. We first have to see our money & economy destroyed.
As crazy as your opinion on NIA sounds, it makes sense really. I'm constantly getting stock suggestions from them and they always seem to be directed at a small margain of companies.
You make no friends in the pits and you take no prisoners. One minute you're up half a million in soybeans and the next, boom, your kids don't go to college and they've repossessed your Bentley. Are you with me?
Gold currency or paper either way wealthy people and their fanfare manipulate the system because they will always hold the keys to vault and the access to the rules
i could probably think of better things to attack than MIA . i think NIA are stock pushers but i dont care about that . i like their way of pushing stock as compared to Hard Talk or other main stream media . i also like their movies which are very enlightening .
Peter also pushes stock and i dont mind that either . i just wish that you Peter could attack other groups instead of one that basically agrees with you . your attack of them is to "picky"
@throwerofturds NIA is using my words and image to steel money from good people, and is undermining the credibility of my message in the process. I need to call them our both to protect my followers and my reputation.
I like the NIS part - GRO ownes 50.1 of PGW which they paid .60/ shr and it's at .48 now? GRO got a delisting letter from the NYSE. Heartland Advisors ownes +7MM of GRO as of the last report. Someone rumored that GRO purchased 1mm of CEU which had a momentum play. Nonfiction at it's best.
I'm tired of Peter, and Gerald making statements of how stupid Bernanke, Geither are. they work for the bankers, one is a fool to think they represent the goyim. Their job is to collect the interest, and they will say or do anything to accomplish that. You people that think you're going tor beat the bankers, are also delusional. the house never loses, as long as they control the issuance of currency.Their game is control, and charge for transactions. Do what they do on a small scale to protect y
@g4sight526 I am not tired of Peter or Gerald outbursts. I have been listening and investing on these observations since 2003. Allprinting regimes come to an end my friend. It is not delusional. What is delusional is that we think bankers think this time will be different. They know exactly what they're doing. Trick is to get out of Dodge with the money without jail time or lethal consequences from the people. So far so good.
LMAO..... 2) Agria Corporation (NYSE:GRO): Shares of Agria Corporation are trading higher 1.71% to $1.19 per share today. The company reported it has no knowledge of ‘unusual’ activity moving its share volume today. Agria Corporation researches and develops, produces, and sells upstream agricultural products. The Company currently offers corn seeds and sheep breeding products such as frozen sheep semen, sheep embryos, and breeder sheep, as well as seedling products.
So here you have a nation who's national and foreign debt is both reaching 100% of GDP. with a budget deficit of about 8 to 9% of GDP and a chronicle current account deficit. There is complete political deadlock not only on the debt but virtually on all the issues. And a president and a finance minister that is telling ever one that they are about to default.
The question is what is more incredible? That this is happening in the US or that the rest of the world is letten them get away with this?
Peter, I like your point that as our dollars depreciate, it becomes more expensive for us to buy even the stuff that we ourselves produces, not to mention foreign goods.
Bernanke is engaged in the slow motion slaughter of at least one generation of savers, and he's doing it for one reason--to save big banks that took outrageous risks in pursuit of profits. How much "nice" does he deserve?
@shotsky94 Destroying the economy and the dollar through incompetence and bad policy also are not nice. Bernanke is either a colossal fool, or a nefarious villain, but either way he deserves only scathing tones and sharp words.
Another good video. You might want to rad a book called "Simple Wealth". It's a great way to understand a lot of what is going on. It's by a New Zealander - Andrew Costello.
"The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he, who in the name of charity and good will shepherds the weak through the valley of darkness for he is truly his brother's keeper and the finder of lost children. And I shall strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brother, and you will know my name is the Lord when I lay my vengeance upon thee"
if dollar goes down foreigners wont "pay more " for US goods & services they will buy more ...hurricane season right around the corner perfect storm season NOAA predicts 10th busiest storm season in their history of record keeping .
Peter, why do you presume that the policies to destroy the dollar are due to ineptitude and stupidity? If one were to analyze the results carefully one would find that everything done to crash the world's reserve currency is intentional and by design. It's not an original concept; there are many who have seen through the Matrix and surely it would behoove you to take a peek as well.
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No offense, but even though I learn a lot about economics from you, I am starting to wonder if you are not just trying to sell us products and services sometimes. You say inflation is entirely responsible for gold and oil prices? Jim Rogers says it is also due to supply problems and has been saying that for over 10 years and has been very right. Also your investment record is sometimes troubled and I wonder why you don't focus acknowledge this more. Jim Rogers talks about his mistakes.
@vonMisesandRothbard FINRA rules prohibit me from discussing my track record for brokerage accounts including my personal accounts. Performance data on my manged products is available if you care to look it up.
@SchiffReport : Also on that note, and correct me if I'm wrong, but the FINRA rules affect you, but not Jim Rogers, because he is not a practicing US broker, correct? At least, I'm pretty sure that's the case. So Rogers can literally say whatever he wants about his own accounts and his performance, but for Peter this is not always the case, due to the fact that we have ridiculous abridgments of First Amendment rights as a prerequisite for operating certain types of businesses in this country.
OBAMANOMICS- "lenin was certainly right, there is no more positive, subtle or surer means of destroying the existing basis of society than to debauch the currency.
by a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of the citizens.
the process engages all of the hidden forces of economics on the side of destruction, and does it in a manner that not one man in a million can diagnose."
@vonMisesandRothbard bwaaaaaaaaaa, please....lets focus on the big picture and not get caught up in garbage. Of course supply has some influence, but look at THE TREND.......Schiff aint perfect, Rogers aint perfect....but thier right...........oh yea...Ron Paul 2012!!!
@vonMisesandRothbard Gold doesnt really follow supply and demand laws - Im a gold trader and I can tell you its a very funny/tricky market... Try not to think of things like a textbook...
@vonMisesandRothbard Who cares if Peter is trying to sell products. As a free marketeer, I WANT people trying to sell goods. As somebody who supports Misesian and Rothboardian philosophy, you should stop trying to denigrate a valuable asset to our commodity like Pete for promoting himself. Praise him for living the morals of a capitalist. Only a socialist feels bad when they see advertising.
On why central banks hold gold: "Ben Bernanke speculated that maybe it was because of tradition. Yes! The tradition of gold being money." Haha. Wonderful material from Peter Schiff once again.
If NIA were legit, they would have sued Schiff for slander. Schiff has made some serious, completely unsubstantiated (though likely true) accusations and NIA has only responded by denying them. A legit organization would have sought an emergency TRO immediately.
But Bernanke is smart enough to not sell the gold, either. Bernanke is not only inflating away the debt but he's also lowering it relative to gold, and the US has more gold than anyone. That, I believe, is the strategy. Peter is only half right. It would do him some good to start thinking outside the considerably sophisticated but necessarily limited box he has created for himself.
@MarcusCMarcellus You do understand most people have less then an 1 ounce of gold right?
You devalue paper dollars, you ruin 100+ million in this country alone, savings accounts, stocks, 401k’s IRA’s, cash in the drawer, wages, all destroyed! and with that, the whole country grinds to a halt.
Inflation is a secret tax on all.
If you think this is about the debt, your buying the hype.
@phantomcharger Thanks for your reply. I do understand. I am not in favor of the Fed's policy, whatever it is. I do not think they care one iota for the average saver. In my quest for a theory of just what the hell the Fed is after, I cannot conclude that Bernanke & Co. are fools or idiots or don't know economics. They have some plan, probably evil, but what they do is not a 'mistake" in the sense Peter and other Fed critiques claim. These people work for the Big Banks.
@MarcusCMarcellus I don’t believe Peter believes they are just a bunch of fools either.
The problem is, you start calling them what they really are, you might be looking at a slander beef on you. Then you have the problem of the main stream media handing the “conspiracy theorist” label on you, good luck getting taken seriously after that. Ron Paul does the same thing, they both know better, but with the following they have, they should probably be careful what they say.
@phantomcharger Right you are. Peter gets made fun of as it is. If he were to start talking about a conspiracy to (deliberately) wipe out the middle class he'd only be invited on for comic relief, if at all.
I believe they plan on destroying the dollar, and with it, America as we know it. make a huge profit off that, and in the process pushing us into a new north American, and ultimately a world currency.
That way they can steal from 6 billon people, not just a mere 320 million with every bill they counterfeit.
I think it's time for Schiff to get a basic video editor and do some color correcting. When watching videos I have pretty low standards, but man, the red in this video is distracting.
common Schiff, Ben cant str8 up admit what gold is, that would just be against what the FED represents which is pirate economics. The FED is like the US GOV the government sends supervisors and the like anyone over a certain a certain work grade to debate school where they are taught to never admit fault and never give up their position that they are in the right. Right or wrong they are never wrong according to policy. Basically if they are wrong dont expect them to fix it
@SchiffReport constitutional government is an invalid institution, because it hinges on the ability to bind the future into contract. I can't legally bind my great grand children into a contract, so how did the "founders" possess the ability to bind me into "constitutional" governance?
Secondly, constitutional government amounts to the following: protecting people from violence by giving a small group of people a monopoly on violence.
@SchiffReport Mr. Schiff, I totally understood your viewpoint. My comment was very bad sarcasm from my side and I'm sorry if you think I was questioning your knowledge about the subject as I'm subscriber and regular viewer since 2008/09
I like the NIA documentaries but seems that a lot of the original affiliates jumped ship. Still if it's fraud, it's small potatoes. Think of that Thomas Nast cartoon "Who Stole the People's Money?" As the circle of criminal collusion gets bigger, accountability and prosecutability become much more diffuse.
''Paper money has had the effect in your State that it ever will have, to ruin commerce -- oppress the honest, and open a door to every species of fraud and injustice.''
the "moneyed controllers" play walls st, commodities, and currencies like a rigged vegas slot. last week, an incredible number of futures contracts for silver were sold, preceded by smaller sell orders. yesterday, the NYT reported a "deal" on the debt horse-shit-wall st shot up 100pts-then back down. they screw us-up or down.
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Schiff knows its a pump and dump world, Schiff has good information. But, Schiff no one likes a snitch. You preach free market, let their be a free market and let people learn from their mistakes. People looking (HUSA) Houston American Energy Corporation. Pick up a few shares
@SchiffReport NIA disappoints me. A GREAT educational site with great videos, but something shady about their penny stocks and stocks. I never bought into any of it (stocks). BTW I have ALL their stock pics over the last two years or so if you want me to email them to you. All official NIA emails. Just have to PM me.
@EndTheFedRes You shouldn't be disappointed in NIA, you should be outraged. Anything great about their site is just meant to suck you in and give you confidence in them; and a lot of it is just taken directly from Peter.
@withnonamemarketing you mean to let a scam to go on is a good thing? you would standby while someone steals money from unsuspecting public in front of your eyes and say nothing? so the next question i have is, what do you stand to gain from being so morally bankrupt? confess b!tch! :))
@asalley1 - wait two days-see what happens. it's all bullshit with "wall st toilet paper" "when you or i write a check there must be sufficient funds in our account to cover the check, but when the federal reserve writes a check there is no bank deposit on which that check is drawn. when the federal reserve writes a check, it is creating money" -in "putting it simply" (boston federal reserve) "paper money eventually returns to its' intrinsic value-nothing" -voltaire 1729
@gtiapr3 oh I see, no thanks I don't want their scam emails) I wonder who's gonna pay 1000$ for a stock. There surely won't be enough people to move the price significantly
Good man, Peter!!! Keep telling the truth.... if you need a Kevlar vest, I can get one for you for under $100 clean washable white & for wearing under suits.
@semidude I can tell you when I did, when savings rate were going down, interst rates as well, while consumption was increasing. Nothing in that makes any sense.
GRO's volume is already 10 times more than normal and 30% price gain.....b4 their suggestion... Maybe the way to make money is when this stock go up so much and when they start to dump ........then short with them.
Schiff - did you see this? "In view of the unusual market activity in Agria Corporation's stock, the New York Stock Exchange has contacted the Company and requested that the Company issue a public statement indicating whether there are any corporate developments which may explain the unusual activity. The Company stated that it knows of no material events that would cause unusual market activity."
From an article on Yahoo on Agria Corporation's stock summary page - published today.
Hi Peter, how do we invest/buy gold and silver? I have surfed through some sites and I am not sure whether these sites are reliable or safe, and some of them looked like a scam. Or should I invest through banks? Thank you...
@dexterthiam88 buy physical gold, search for dealers in your area, investing in the bank isn't safe IMO because when SHTF the govt can order the banks to take your gold
@dexterthiam88 There's only one sure-fire way to invest in gold. Through Peter's firm, Euro-Pac Precious Metals. They will mail the gold coins to your home safely.
If you hire new video people, make them do something useful: CORRECT THE RED HUE PROBLEM!!! I can getter better results than this with a cheap camera and iMovie.
@delatroy How dare you use such foul language against one of Peter's fans, especially regarding obviously accurate feedback. And speak for yourself about who cares about the hue, not for everyone! Don't be so pompous to think you speak for everyone! If it didn't matter, why not just use a still with an audio track? Of course, the video matters too.
Good comments re: dollar & Osama bin Bernanke. I don't think you should lower yourself to even talk about NIA. I personally don't care if a bunch of dumbasses fall for a pump n dump scam.
Thanks Peter. I think you may be missing something. The U.S. is building more and more Predator Drones. The U.S. will conquer the world. All to spread freedom of course. Anybody that doesn’t like the U.S. dollar will be bombed. That will fix their wagon.
You would have been much more effective than Ron Paul at confronting Bernanke about gold as money and why it's gone up in price. Makes Ron's comments seem lame and tame.
The red hue is out of control. Tweak it down or just go to the austere black & white classic style, please. Can you say eye sore? Image is everything.
@xardas411 Bubble? actually we're right at the trend line. Silver has had bigger percentage digs than that before, it dropped nearly 50% in 07-08. Check the 10 year kitco chart
@APRtunedAudi People do need to be more aware of where they're putting their money, and Mr. Schiff is helping to make people aware of the NIA's scams. This warning was definitely not a waste of time.
@twin1010101010 Does that mean you're giving NIA a pass? I'm sure Ben Bernanke has some good qualities too. That doesn't mean we should ignore the fact that he's a liar and a wealth destroyer.
its hard for me to listen to you. NIA is just a very very small version of GS BAC JPM. SEC CFTC is set up to shield and protect the latter. You must really think were stupid to listen to you Peter.
hey my dads in federal prison a 2nd time. for preaching income tax is a corporate profit. who's laughing now. This charlton never mentions poor ole DAD.
@flahr1 NIA sucks and G4t is a close 2nd I will watch his videos they are more interesting than Peters. I don't know him at all. My issue we've just watched the greatest financial crime in the history of the world and it's still going on. The crooks who caused it are still in power in Gov't and Banks/ Wall street. Beautiful thing for them.
@VICSWEB1 using logical fallacies to argue.....where is your claim and information that debunks peters claims? We don't think he is stupid, we just wonder why you waste your time here complaining on youtube? what is your reasoning for being here if not only to troll and make yourself look silly becasue you attack things that have nothing to do with the argument being made. Do you think we are dumb?
@polevaultrockstr well i may spend a few minutes watching videos like peters. and I'm amazed Why this guy does it. less than 1 percent of people have any interest in financial matters and the biggest robbery of the world. Just whats his purpose???? 90 percent ++++ are happilly in the dark and don't want to know. NIA is not even worth talking about. small time crooks obviouslly. after watching there last video on College they really suck I agree.
@VICSWEB1 Re: NIA is not even worth talking about. small time crooks obviouslly.
I think they were presenting Peter Schiff's analysis in his own language as if it was their own analysis, and Peter took exception. He's been exposing them ever since. Good on ‘em.
I am constantly bombarded with NIA spam. Here is the latest. To receive NIA's exclusive private report, we require that you make a $1,000 contribution to help support our organization.
I'm pretty sure Bernanke will be remembered as the worst fed chairman ever, but people don't see that yet. We first have to see our money & economy destroyed.
TWSceptic 2 months ago
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NIA's latest scam is their agricultural company: ticker: GRO
This one is the double wammy!!! It's a pump and dump PLUS they require a fee of $500 for the stock name which is AGRIA CORP (GRO)
dumbassnigs 6 months ago
It intrigues me how you can spot the stock they are about to work on
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1XMarksSpot 7 months ago
NIA at 6:20
purplefetus3 7 months ago
As crazy as your opinion on NIA sounds, it makes sense really. I'm constantly getting stock suggestions from them and they always seem to be directed at a small margain of companies.
TheManiacalSatanist6 7 months ago
Who do you think is the worst FED chairman? Alan Greenspan or Ben Bernanke?
TheManiacalSatanist6 7 months ago
You make no friends in the pits and you take no prisoners. One minute you're up half a million in soybeans and the next, boom, your kids don't go to college and they've repossessed your Bentley. Are you with me?
FlyingFox1971 7 months ago
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deenacrowder66 7 months ago
Gold currency or paper either way wealthy people and their fanfare manipulate the system because they will always hold the keys to vault and the access to the rules
HillTribeman 7 months ago
Visit my channel to see a very cool clip of a Iowa Crop Duster!
Iowa95Duck 7 months ago
i could probably think of better things to attack than MIA . i think NIA are stock pushers but i dont care about that . i like their way of pushing stock as compared to Hard Talk or other main stream media . i also like their movies which are very enlightening .
Peter also pushes stock and i dont mind that either . i just wish that you Peter could attack other groups instead of one that basically agrees with you . your attack of them is to "picky"
throwerofturds 7 months ago
@throwerofturds NIA is using my words and image to steel money from good people, and is undermining the credibility of my message in the process. I need to call them our both to protect my followers and my reputation.
SchiffReport 7 months ago 3
I would actually argue that Ben Bernake does know what he is doing.
aldojr86 7 months ago
I like the NIS part - GRO ownes 50.1 of PGW which they paid .60/ shr and it's at .48 now? GRO got a delisting letter from the NYSE. Heartland Advisors ownes +7MM of GRO as of the last report. Someone rumored that GRO purchased 1mm of CEU which had a momentum play. Nonfiction at it's best.
Homohabilis21201 7 months ago
how do you even know what the stock is? If I were NIA I wouldn't let you near the pick, I think your making up their stock pick
manfries 7 months ago
I'm tired of Peter, and Gerald making statements of how stupid Bernanke, Geither are. they work for the bankers, one is a fool to think they represent the goyim. Their job is to collect the interest, and they will say or do anything to accomplish that. You people that think you're going tor beat the bankers, are also delusional. the house never loses, as long as they control the issuance of currency.Their game is control, and charge for transactions. Do what they do on a small scale to protect y
g4sight526 7 months ago
@g4sight526 I am not tired of Peter or Gerald outbursts. I have been listening and investing on these observations since 2003. Allprinting regimes come to an end my friend. It is not delusional. What is delusional is that we think bankers think this time will be different. They know exactly what they're doing. Trick is to get out of Dodge with the money without jail time or lethal consequences from the people. So far so good.
1zextar 7 months ago
I'd like to know how much $ is Peter Schiff expecting gold to go? $2000? $3000/ounce?
Panter4 7 months ago
LMAO..... 2) Agria Corporation (NYSE:GRO): Shares of Agria Corporation are trading higher 1.71% to $1.19 per share today. The company reported it has no knowledge of ‘unusual’ activity moving its share volume today. Agria Corporation researches and develops, produces, and sells upstream agricultural products. The Company currently offers corn seeds and sheep breeding products such as frozen sheep semen, sheep embryos, and breeder sheep, as well as seedling products.
luvUtube247 7 months ago
So here you have a nation who's national and foreign debt is both reaching 100% of GDP. with a budget deficit of about 8 to 9% of GDP and a chronicle current account deficit. There is complete political deadlock not only on the debt but virtually on all the issues. And a president and a finance minister that is telling ever one that they are about to default.
The question is what is more incredible? That this is happening in the US or that the rest of the world is letten them get away with this?
jasan2121 7 months ago
NIA = Boiler Room
gli96187 7 months ago
thanks schiff
BlackThought415 7 months ago
htt p ://finance.bnet.com/bnet/news/read/19044032/sunday
goodguytim 7 months ago
NIA's affiliates would be destroyed over here in London under FSA's financial regulations... that's pure market abuse.
lucky01242 7 months ago
Peter, I like your point that as our dollars depreciate, it becomes more expensive for us to buy even the stuff that we ourselves produces, not to mention foreign goods.
n66178 7 months ago
No no Schiff, you are wrong...Obama assures me the "dollar" is strong...wait a minute, I think he was holding the chart upside down.
EndTheFedRes 7 months ago 7
Bernanke is engaged in the slow motion slaughter of at least one generation of savers, and he's doing it for one reason--to save big banks that took outrageous risks in pursuit of profits. How much "nice" does he deserve?
GettysburgInsider 7 months ago
Why does Peter keep on with his ad hom attacks on Bernanke. It's not very nice
shotsky94 7 months ago
@shotsky94 Destroying the economy and the dollar through incompetence and bad policy also are not nice. Bernanke is either a colossal fool, or a nefarious villain, but either way he deserves only scathing tones and sharp words.
jdepps13 7 months ago
@jdepps13 I'm not a big fan of ad hom attacks. Attack his policy not the person
shotsky94 7 months ago
Another good video. You might want to rad a book called "Simple Wealth". It's a great way to understand a lot of what is going on. It's by a New Zealander - Andrew Costello.
SuperSpidey25 7 months ago
Peter it looks like you could use some sunblock
dubified89 7 months ago
good video. I saw that clip of Ron Paul making Bernanke squirm, it was great.
Ron Paul for President 2012!
a4finger 7 months ago
Peter, you are just about the most honest human being I know. (That was a compliment.)
WOLF333999 7 months ago
Great work Schiff
sansez 7 months ago
Peter-
"The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he, who in the name of charity and good will shepherds the weak through the valley of darkness for he is truly his brother's keeper and the finder of lost children. And I shall strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brother, and you will know my name is the Lord when I lay my vengeance upon thee"
wolfgangfaust 7 months ago
if dollar goes down foreigners wont "pay more " for US goods & services they will buy more ...hurricane season right around the corner perfect storm season NOAA predicts 10th busiest storm season in their history of record keeping .
treadlightlynow 7 months ago
you have a point on GRO, the minute they recommended it the stock went up to $1.51 then all the way down to 1.07, it looked like someone was selling.
LaserStorm 7 months ago
support peter! ★★★★★ Happy Trading to all traders!
FreeSTOCKnolossROBOT 7 months ago
Wow, look at all the schills come out of the woodwork!
flahr1 7 months ago
Peter, why do you presume that the policies to destroy the dollar are due to ineptitude and stupidity? If one were to analyze the results carefully one would find that everything done to crash the world's reserve currency is intentional and by design. It's not an original concept; there are many who have seen through the Matrix and surely it would behoove you to take a peek as well.
Lurie2010 7 months ago
Whens Andy Schiff going to do a video blog? after all he calls into the show with some great insights.
ltse 7 months ago
END THE FED.
iannetta11 7 months ago
awsome peter schiff for president
rolficus 7 months ago
Thank you for all the great information Peter. You make it so obvious to all of us what is actually going on.
Jasonstar94 7 months ago
This comment has received too many negative votes show
No offense, but even though I learn a lot about economics from you, I am starting to wonder if you are not just trying to sell us products and services sometimes. You say inflation is entirely responsible for gold and oil prices? Jim Rogers says it is also due to supply problems and has been saying that for over 10 years and has been very right. Also your investment record is sometimes troubled and I wonder why you don't focus acknowledge this more. Jim Rogers talks about his mistakes.
vonMisesandRothbard 7 months ago
@vonMisesandRothbard FINRA rules prohibit me from discussing my track record for brokerage accounts including my personal accounts. Performance data on my manged products is available if you care to look it up.
SchiffReport 7 months ago 37
@SchiffReport : Also on that note, and correct me if I'm wrong, but the FINRA rules affect you, but not Jim Rogers, because he is not a practicing US broker, correct? At least, I'm pretty sure that's the case. So Rogers can literally say whatever he wants about his own accounts and his performance, but for Peter this is not always the case, due to the fact that we have ridiculous abridgments of First Amendment rights as a prerequisite for operating certain types of businesses in this country.
jdepps13 7 months ago
@SchiffReport Where can I see this performance data?
iflyboats 7 months ago
OBAMANOMICS- "lenin was certainly right, there is no more positive, subtle or surer means of destroying the existing basis of society than to debauch the currency.
by a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of the citizens.
the process engages all of the hidden forces of economics on the side of destruction, and does it in a manner that not one man in a million can diagnose."
-john maynard keynes
wolfgangfaust 7 months ago
@vonMisesandRothbard bwaaaaaaaaaa, please....lets focus on the big picture and not get caught up in garbage. Of course supply has some influence, but look at THE TREND.......Schiff aint perfect, Rogers aint perfect....but thier right...........oh yea...Ron Paul 2012!!!
SonsOfLibertyRiders 7 months ago
@vonMisesandRothbard Gold doesnt really follow supply and demand laws - Im a gold trader and I can tell you its a very funny/tricky market... Try not to think of things like a textbook...
neb967 7 months ago
@vonMisesandRothbard Who cares if Peter is trying to sell products. As a free marketeer, I WANT people trying to sell goods. As somebody who supports Misesian and Rothboardian philosophy, you should stop trying to denigrate a valuable asset to our commodity like Pete for promoting himself. Praise him for living the morals of a capitalist. Only a socialist feels bad when they see advertising.
TimothyADonaghue 7 months ago
On why central banks hold gold: "Ben Bernanke speculated that maybe it was because of tradition. Yes! The tradition of gold being money." Haha. Wonderful material from Peter Schiff once again.
ViewpointLibertarian 7 months ago
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Bernanke is smart enough to not sell the gold, either.
Bmx33606 7 months ago
If NIA were legit, they would have sued Schiff for slander. Schiff has made some serious, completely unsubstantiated (though likely true) accusations and NIA has only responded by denying them. A legit organization would have sought an emergency TRO immediately.
MarcusCMarcellus 7 months ago
But Bernanke is smart enough to not sell the gold, either. Bernanke is not only inflating away the debt but he's also lowering it relative to gold, and the US has more gold than anyone. That, I believe, is the strategy. Peter is only half right. It would do him some good to start thinking outside the considerably sophisticated but necessarily limited box he has created for himself.
MarcusCMarcellus 7 months ago
@MarcusCMarcellus You do understand most people have less then an 1 ounce of gold right?
You devalue paper dollars, you ruin 100+ million in this country alone, savings accounts, stocks, 401k’s IRA’s, cash in the drawer, wages, all destroyed! and with that, the whole country grinds to a halt.
Inflation is a secret tax on all.
If you think this is about the debt, your buying the hype.
How do you know how much gold the country has?
phantomcharger 7 months ago
@phantomcharger Thanks for your reply. I do understand. I am not in favor of the Fed's policy, whatever it is. I do not think they care one iota for the average saver. In my quest for a theory of just what the hell the Fed is after, I cannot conclude that Bernanke & Co. are fools or idiots or don't know economics. They have some plan, probably evil, but what they do is not a 'mistake" in the sense Peter and other Fed critiques claim. These people work for the Big Banks.
MarcusCMarcellus 7 months ago
@MarcusCMarcellus I don’t believe Peter believes they are just a bunch of fools either.
The problem is, you start calling them what they really are, you might be looking at a slander beef on you. Then you have the problem of the main stream media handing the “conspiracy theorist” label on you, good luck getting taken seriously after that. Ron Paul does the same thing, they both know better, but with the following they have, they should probably be careful what they say.
phantomcharger 7 months ago 2
@phantomcharger Right you are. Peter gets made fun of as it is. If he were to start talking about a conspiracy to (deliberately) wipe out the middle class he'd only be invited on for comic relief, if at all.
JELB1960 7 months ago
@MarcusCMarcellus
As for the feds policies.
I believe they plan on destroying the dollar, and with it, America as we know it. make a huge profit off that, and in the process pushing us into a new north American, and ultimately a world currency.
That way they can steal from 6 billon people, not just a mere 320 million with every bill they counterfeit.
phantomcharger 7 months ago
I think it's time for Schiff to get a basic video editor and do some color correcting. When watching videos I have pretty low standards, but man, the red in this video is distracting.
AnotherUserNamedPaul 7 months ago
Mr.Schiff, Gold and silver being considered money is much more than just tradition.
The Bible says that Gold and Silver are money, and the united States Constitution says that the ONLY thing that is money is Gold and silver.
sirjames45 7 months ago
GRO...Dropped from 1.50 at 10am to 1.10 at 3pm...Pump n Dump
maltman4101 7 months ago 2
common Schiff, Ben cant str8 up admit what gold is, that would just be against what the FED represents which is pirate economics. The FED is like the US GOV the government sends supervisors and the like anyone over a certain a certain work grade to debate school where they are taught to never admit fault and never give up their position that they are in the right. Right or wrong they are never wrong according to policy. Basically if they are wrong dont expect them to fix it
pdxeddie1111 7 months ago
Peter Schiff, as always, fighting the good fight
kevreilly7 7 months ago 2
If you are buying your own bonds,,,,aren't you defaulting already?????
kevreilly7 7 months ago
This comment has received too many negative votes show
WTF. 10:47, Is Peter Schiff himself looking for help from the GOVERNMENT?
Bashri 7 months ago
@Bashri I am looking for the government to enforce the laws against fraud, which is a valid function of constitutional government.
SchiffReport 7 months ago 62
@SchiffReport constitutional government is an invalid institution, because it hinges on the ability to bind the future into contract. I can't legally bind my great grand children into a contract, so how did the "founders" possess the ability to bind me into "constitutional" governance?
Secondly, constitutional government amounts to the following: protecting people from violence by giving a small group of people a monopoly on violence.
kihjin 7 months ago
@kihjin
Read the constitution
It’s clear you haven’t
phantomcharger 7 months ago
@SchiffReport I fully understand your stand point and totally agree. It was meant as a joke
Bashri 7 months ago
@SchiffReport Mr. Schiff, I totally understood your viewpoint. My comment was very bad sarcasm from my side and I'm sorry if you think I was questioning your knowledge about the subject as I'm subscriber and regular viewer since 2008/09
Bashri 6 months ago
I like the NIA documentaries but seems that a lot of the original affiliates jumped ship. Still if it's fraud, it's small potatoes. Think of that Thomas Nast cartoon "Who Stole the People's Money?" As the circle of criminal collusion gets bigger, accountability and prosecutability become much more diffuse.
MykeeRamen 7 months ago
''Paper money has had the effect in your State that it ever will have, to ruin commerce -- oppress the honest, and open a door to every species of fraud and injustice.''
-George Washington
wolfgangfaust 7 months ago 2
Comment removed
KennyGMoneyMaka 7 months ago
the "moneyed controllers" play walls st, commodities, and currencies like a rigged vegas slot. last week, an incredible number of futures contracts for silver were sold, preceded by smaller sell orders. yesterday, the NYT reported a "deal" on the debt horse-shit-wall st shot up 100pts-then back down. they screw us-up or down.
watch this- -these lunatics are out of control.
"2010-11-09 Greenspan Admission.mp4"
(watch?v=731G71Sahok&feature)
wolfgangfaust 7 months ago
This comment has received too many negative votes show
Schiff knows its a pump and dump world, Schiff has good information. But, Schiff no one likes a snitch. You preach free market, let their be a free market and let people learn from their mistakes. People looking (HUSA) Houston American Energy Corporation. Pick up a few shares
withnonamemarketing 7 months ago
@withnonamemarketing Exposing fraud is an example of the free market working.
SchiffReport 7 months ago 83
@SchiffReport I agree, but tomato tomahto
withnonamemarketing 7 months ago
@SchiffReport NIA disappoints me. A GREAT educational site with great videos, but something shady about their penny stocks and stocks. I never bought into any of it (stocks). BTW I have ALL their stock pics over the last two years or so if you want me to email them to you. All official NIA emails. Just have to PM me.
EndTheFedRes 7 months ago
@EndTheFedRes You shouldn't be disappointed in NIA, you should be outraged. Anything great about their site is just meant to suck you in and give you confidence in them; and a lot of it is just taken directly from Peter.
jdepps13 7 months ago
@withnonamemarketing you mean to let a scam to go on is a good thing? you would standby while someone steals money from unsuspecting public in front of your eyes and say nothing? so the next question i have is, what do you stand to gain from being so morally bankrupt? confess b!tch! :))
Rawego 7 months ago
it's all a show, I am sure bernake buys gold and silver aside from what he says.
bc5620 7 months ago
The dollar is liken to the best looking horse at the glue factory!
asalley1 7 months ago
wolfgangfaust 7 months ago
Hello :S I like ur show bye
dreamslides 7 months ago
nia is fraud.
moneyjunkies 7 months ago
it aint money if i can't print it - LOL thats GOLD
jooheeguard 7 months ago
I went to NIA website and I didn't see anything about them asking 1000$ for their report or anything like that
olegplanets 7 months ago
@olegplanets signup for NIA's newsletter to see what Peter is talking about.
gtiapr3 7 months ago
@gtiapr3 oh I see, no thanks I don't want their scam emails) I wonder who's gonna pay 1000$ for a stock. There surely won't be enough people to move the price significantly
olegplanets 7 months ago
@olegplanets They sent out an email to their members.
RandomUsername8236 7 months ago
Good man, Peter!!! Keep telling the truth.... if you need a Kevlar vest, I can get one for you for under $100 clean washable white & for wearing under suits.
repo4sale 7 months ago
Fantastic blog Peter. Great information!!
Intervene 7 months ago
Schiff, you explains things so well. Thanks!
PaulbylPaulbyl 7 months ago
Anyone who thinks Bernanke is an idiot, and somehow doesint know what hes doing or is "incompetent, would be at odds with myself.
otaku8489 7 months ago
SEC is useless, what is needed is information like what Peter is providing.
Visfen 7 months ago 2
Peter, when did you first realised interest rates are too low?
semidude 7 months ago
@semidude I can tell you when I did, when savings rate were going down, interst rates as well, while consumption was increasing. Nothing in that makes any sense.
Visfen 7 months ago
sometimes i think your going to suffocate while trying to say everything at once..love your work Peter.
whittonmatt 7 months ago
7 people who unlike this video must be closely related to Ben Bernanke
racenemo 7 months ago 2
Peter, keep up the good work on exposing the NIA scam!
johnnyone9 7 months ago
Gerard Adams is my idol.
boipinoi604 7 months ago
GRO's volume is already 10 times more than normal and 30% price gain.....b4 their suggestion... Maybe the way to make money is when this stock go up so much and when they start to dump ........then short with them.
RSX3883 7 months ago
I hope the government will do something about that - Peter Schiff
myrelative 7 months ago
i guarantee Bernanke buys gold.
JohnWroclaw 7 months ago
Comment removed
IxionVI2 7 months ago
Schiff - did you see this? "In view of the unusual market activity in Agria Corporation's stock, the New York Stock Exchange has contacted the Company and requested that the Company issue a public statement indicating whether there are any corporate developments which may explain the unusual activity. The Company stated that it knows of no material events that would cause unusual market activity."
From an article on Yahoo on Agria Corporation's stock summary page - published today.
mit26chell 7 months ago 6
Ben knows EXACTLY what is is doing. The destruction of the USA.
HeavyMetalPedal 7 months ago
This has been flagged as spam show
Ron Paul 2012!
hollosteve1 7 months ago
Hi Peter, how do we invest/buy gold and silver? I have surfed through some sites and I am not sure whether these sites are reliable or safe, and some of them looked like a scam. Or should I invest through banks? Thank you...
dexterthiam88 7 months ago
@dexterthiam88 buy physical gold, search for dealers in your area, investing in the bank isn't safe IMO because when SHTF the govt can order the banks to take your gold
rampage241 7 months ago
@dexterthiam88 There's only one sure-fire way to invest in gold. Through Peter's firm, Euro-Pac Precious Metals. They will mail the gold coins to your home safely.
DexterHaven49 7 months ago
Guess What???
I got a fever and the ONLY prescription is MORE SCHIFF!!!!!!!
I gotta have MORE PETER SCHIFF baby!!!!!!!
rudemood2011 7 months ago 4
Do you think Gold is money? ....T-Shirts?
adulby 7 months ago
make it redder peter
bodyheals 7 months ago
If you hire new video people, make them do something useful: CORRECT THE RED HUE PROBLEM!!! I can getter better results than this with a cheap camera and iMovie.
DexterHaven49 7 months ago
@DexterHaven49 you asshole :) It's free and no one cares about red hue..
delatroy 7 months ago 3
@delatroy How dare you use such foul language against one of Peter's fans, especially regarding obviously accurate feedback. And speak for yourself about who cares about the hue, not for everyone! Don't be so pompous to think you speak for everyone! If it didn't matter, why not just use a still with an audio track? Of course, the video matters too.
DexterHaven49 7 months ago
Good comments re: dollar & Osama bin Bernanke. I don't think you should lower yourself to even talk about NIA. I personally don't care if a bunch of dumbasses fall for a pump n dump scam.
javabarbarian 7 months ago
Thanks Peter. I think you may be missing something. The U.S. is building more and more Predator Drones. The U.S. will conquer the world. All to spread freedom of course. Anybody that doesn’t like the U.S. dollar will be bombed. That will fix their wagon.
workwillfreeyou 7 months ago
You would have been much more effective than Ron Paul at confronting Bernanke about gold as money and why it's gone up in price. Makes Ron's comments seem lame and tame.
DexterHaven49 7 months ago
I love Peter Schiff
delatroy 7 months ago
The red hue is out of control. Tweak it down or just go to the austere black & white classic style, please. Can you say eye sore? Image is everything.
DexterHaven49 7 months ago
Ron Paul=President
Peter Schiff=Vice President
Mistersilvermen 7 months ago
Great, great comments on Helicopter Ben!!!
On NIA, people have to be so careful. It's too easy to get taken for a ride in the investment arena.
pepeledog 7 months ago
Bernanke should be a Park N' Fly lot attendant on the graveyard shift.
GhostlyCrew 7 months ago
Yeah, I'll buy a shit load of shares for a day. Why not!?!?!?!??!?
wreelp 7 months ago
Peter, you have to run from America dude, like Jim Rogers, otherwise you'll endup dead by these guys
Charleslima33 7 months ago
@APRtunedAudi
You still trust Schiff? he's been pushing the same agenda for the last 3 years.
xardas411 7 months ago
@xardas411 Correction, the past 7 years..and he is correct. Go ahead, ignore it.
becauseicare2 7 months ago
The dollar is rly cheap right now. ppl who are buying precious metals are too late to the party, the bubble already occured.
xardas411 7 months ago
@xardas411 Bubble? actually we're right at the trend line. Silver has had bigger percentage digs than that before, it dropped nearly 50% in 07-08. Check the 10 year kitco chart
pianowitz 7 months ago
@APRtunedAudi People do need to be more aware of where they're putting their money, and Mr. Schiff is helping to make people aware of the NIA's scams. This warning was definitely not a waste of time.
BPKesq 7 months ago
Peter.. dear lord .. Fraud? .. These things are impossible to prove my friend.. pull the vid down now before u get sued.
MrIaninlangley 7 months ago
@MrIaninlangley
peter schiff is working for some tea party billionaire lol
xardas411 7 months ago
@xardas411 links? articles? proof of any kind please :)
pianowitz 7 months ago
@pianowitz
i dont have any links or proof, however just think about it. he is pushing the same line over and over again.
xardas411 7 months ago
@xardas411 And what line does he push that would lead you to that conclusion? I just want some information on why you think that.
pianowitz 7 months ago
@pianowitz
sell dollar, buy gold.... thats all he ever says and largely oversimplifies things.
xardas411 7 months ago
The NIA strikes again!
maidenak 7 months ago
@twin1010101010 Does that mean you're giving NIA a pass? I'm sure Ben Bernanke has some good qualities too. That doesn't mean we should ignore the fact that he's a liar and a wealth destroyer.
TheSchaefReport 7 months ago
"Not even competent to be a teller at a bank" EXCELLENT
dbporter 7 months ago 37
its hard for me to listen to you. NIA is just a very very small version of GS BAC JPM. SEC CFTC is set up to shield and protect the latter. You must really think were stupid to listen to you Peter.
VICSWEB1 7 months ago
This has been flagged as spam show
@VICSWEB1 Nice grade 5 grammar.
flahr1 7 months ago
@VICSWEB1
George 4 Title appologized and said Peter was right
Salvysahagun 7 months ago
@VICSWEB1 nia will get crushed. it has no cover
Propcuser 7 months ago
@Propcuser yeah sure but who really cares Jpm GS bac are robbing us all of trillions
VICSWEB1 7 months ago
same same same message for 5 + years now. eventually you'll be rite. buy you've been wrong for 5 years +++++.
VICSWEB1 7 months ago
This has been flagged as spam show
@VICSWEB1 OK..you just made an idiot out of yourself. SO LONG
myebay4u 7 months ago
hey my dads in federal prison a 2nd time. for preaching income tax is a corporate profit. who's laughing now. This charlton never mentions poor ole DAD.
VICSWEB1 7 months ago
@VICSWEB1 Okay firiend of George4Title - who worked for NIA.
Peter has mentioned this many times including in his books. GO back to your NIA friends.
flahr1 7 months ago 2
@flahr1 NIA sucks and G4t is a close 2nd I will watch his videos they are more interesting than Peters. I don't know him at all. My issue we've just watched the greatest financial crime in the history of the world and it's still going on. The crooks who caused it are still in power in Gov't and Banks/ Wall street. Beautiful thing for them.
VICSWEB1 7 months ago
@VICSWEB1 using logical fallacies to argue.....where is your claim and information that debunks peters claims? We don't think he is stupid, we just wonder why you waste your time here complaining on youtube? what is your reasoning for being here if not only to troll and make yourself look silly becasue you attack things that have nothing to do with the argument being made. Do you think we are dumb?
polevaultrockstr 7 months ago
@polevaultrockstr well i may spend a few minutes watching videos like peters. and I'm amazed Why this guy does it. less than 1 percent of people have any interest in financial matters and the biggest robbery of the world. Just whats his purpose???? 90 percent ++++ are happilly in the dark and don't want to know. NIA is not even worth talking about. small time crooks obviouslly. after watching there last video on College they really suck I agree.
VICSWEB1 7 months ago
@VICSWEB1 Re: NIA is not even worth talking about. small time crooks obviouslly.
I think they were presenting Peter Schiff's analysis in his own language as if it was their own analysis, and Peter took exception. He's been exposing them ever since. Good on ‘em.
Frumibandersnatch 7 months ago
I am constantly bombarded with NIA spam. Here is the latest. To receive NIA's exclusive private report, we require that you make a $1,000 contribution to help support our organization.
dalen209 7 months ago
well schiff isn't all that credible either....
VICSWEB1 7 months ago
@VICSWEB1 and who are you? Friend of G4T?
flahr1 7 months ago
@VICSWEB1 more credible then 95% so called "main street" economist
arka67 7 months ago