In times of national crisis, some people fear that their assets may be seized and that the currency may become worthless. They see gold as a solid asset which will always buy food or transportation. Thus in times of great uncertainty, particularly during a war , the demand for gold rises. Gold prices are way up. When the economy heats up as it appears to be beginning to do. Gold prices will drop fast and this fear mongering Republican is going to lose his money and his credibility.
@RichardE8ST The price of gold isn't up, its the value of the dollar that is down! Look at the charts, prices stay flat in gold! Gold is never zero, which you cannot say about paper currency.
The notion that debt is wealth is so naive! You think FDR was timid? He spent like crazy! How do explain the depression of the 20's? Wealth comes from savings.
@VictoryCough Debt is wealth??? Where did you get that? You seem a bit confused. The republican led depression started in 1929 for the same reason that republican tax cuts and deregulation caused this massive debt and loss in assets. It was a huge mistake to allow massive borrowing when the economy was good just as it would be a big mistake to cut spending when the economy is on the verge of a complete breakdown. The economy needs to be strengthened before this debt can be payed back.
What needs to happen is a transformation of our economic system period. Victory was correct in his assessment whether he was serious or not... this country's value is based on pure debt. Debt is temporary wealth, and our country's shopping spree is about to run out. Actually, this world's shopping spree is about to run out, global debt to GDP is 12:1. All it is is a bunch of old men throwing around numbers based on pure abstract value.
lol... your such a fool, this guy has basically predicted everything that has happened in the past decade when everyone else told him he was crazy. You obviously havnt been following him for a meaningful amount of time. He has more credibility right now than anyone else. I cant believe people are delusional enough to think that things are going to turn around for the US. Unless someone like him takes over in a coup or something crazy this country is financially screwed. I wish you were right.
If you think that this republican can predict the future you're the fool. If you republicans had your way and elected Mr. Magoo and Palin I would be selling everything I own and would be buying gold. Now that there's a competent government in place I will keep my investments and hope for the best.
Hahaha, your such a sheep! Your so intertwined in this partisan mockery of our nation its sickening! Im not a republican, dont you realise that the republican vs democrat bull shit is all a big play to keep propaganda sensitive fools like yourself watching the play while they reach into your back pocket and steal everything from you? If you seriously believe that obama is good for this country and has done anything he said he would, i feel for you. Bush and Obama = same shit different color.
Obviously you're a clueless fool if you don't know the difference between bush and President Obama.. He's doing an excellent job considering the GOP Greedy Obstructionist Party has tried to block every bit of legislation that they possibly can. Pull your head out of that hole and read a book for a change. You will be amazed at what little you really know.
GOP block his legislation? HOw is that even possible, the democrats have had the 60 vote fillibuster, they didnt need a single vote from the republicans! what world do you live in! Read a single fuckin THING about whats going on before you tell me to even read a book, your clueless.
@tube2a Watch a news source other than Fox for a change. I don't have the time or the desire to tutor you . Every republican and two Democrats voted against reform, and you blame the Democrats you are a real moron.
You keep trying to make this an old worn out pointless partisan issue when you are the only one in this conversation who is partisan. How many times do i have to tell you i am not a republican, or a conservative, im a constitutional libertarian who believes that homosexuals should have the civil right to marry, that the constitution is not up for debate, that the smaller government is the better (in most regards), and that regulation is the only thing government should do in the economy.
I have yet to blame democrats, stop putting words in my mouth you partisan fool. People like you are responsible for the situation this country is in, stop it for the sake of this great country. Swallow your pride and admit that your partisanship is WRONG.
@RichardE8ST The American Economy is about to collapse, because of the Democrats and the liberals, they did this... Barney Franks, Chris Dodd and Bill Clinton... they are the ones who did this, Bush spent 8 years warning congress of the impending housing market crash.... Now Obama is making it worse.
The economy did collapse after eight years of bush / republican deregulation incompetents and corruption. Bush took surpluses and turned them into the largest deficits in history, wiped out the economy and tripled the debt. The economy is recovering now but we will be paying for the republican disaster for many years.
Stop watching Fox you're lost in a world of bullshit. Republicans are counting on Fox and limbaugh to keep their followers in the dark.
In the Great Depression, Roosevelt tried deficit spending, but he was too timid. Then he stopped in 1937 and the economy nose-dived. It took the humongous deficits of WWII to pull us out of the Great Depression. Those deficits blasted the economy from depression into overdrive.
Although the republicans are suddenly concerned about the debt it would be a mistake to cut off spending now. Debt spending sure didn't bother republicans when they were in control and the economy was good.
I second all that and I admire the red head for keeping an open mind. A year ago she treated peter like a freak show because she never heard his perspective. Now she listens, understands and agrees. At the end of the interview you could hear the admiration in her voice.
Not really michael, the assholes on FOX such as Cavuto will push mcmahon without speaking about schiff. If schiff is elected it means the end of their economic treason as well.. not just for the democrats.
Maybe but it will make Schiff look just as crazy as Beck. Beck has a self proclaimed lack of history which is why he distorts most facts. He is a pro military interventionist in ideology while Schiff is a TRUE libertarian who supports more of a protectionist view in regards to military and trade.
Beck is a phony that unveils the chess pieces but not the chess masters. Its amazing how effective of a partisan tool he is. Probably one of the greatest propagandist in human history.
I am sorry if i have been rude to you, but the situation is dire. I hope you at least try and view things in a perspective that does not include one side's talking points. Please realize its all one big show to keep the masses from seeing the truth. Divide and conquer us no more.
In times of national crisis, some people fear that their assets may be seized and that the currency may become worthless. They see gold as a solid asset which will always buy food or transportation. Thus in times of great uncertainty, particularly during a war , the demand for gold rises. Gold prices are way up. When the economy heats up as it appears to be beginning to do. Gold prices will drop fast and this fear mongering Republican is going to lose his money and his credibility.
RichardE8ST 2 years ago
@RichardE8ST The price of gold isn't up, its the value of the dollar that is down! Look at the charts, prices stay flat in gold! Gold is never zero, which you cannot say about paper currency.
The notion that debt is wealth is so naive! You think FDR was timid? He spent like crazy! How do explain the depression of the 20's? Wealth comes from savings.
VictoryCough 2 years ago
@VictoryCough Debt is wealth??? Where did you get that? You seem a bit confused. The republican led depression started in 1929 for the same reason that republican tax cuts and deregulation caused this massive debt and loss in assets. It was a huge mistake to allow massive borrowing when the economy was good just as it would be a big mistake to cut spending when the economy is on the verge of a complete breakdown. The economy needs to be strengthened before this debt can be payed back.
RichardE8ST 2 years ago
@RichardE8ST
I was saying that that notion is naive.
VictoryCough 2 years ago
What needs to happen is a transformation of our economic system period. Victory was correct in his assessment whether he was serious or not... this country's value is based on pure debt. Debt is temporary wealth, and our country's shopping spree is about to run out. Actually, this world's shopping spree is about to run out, global debt to GDP is 12:1. All it is is a bunch of old men throwing around numbers based on pure abstract value.
tube2a 2 years ago
lol... your such a fool, this guy has basically predicted everything that has happened in the past decade when everyone else told him he was crazy. You obviously havnt been following him for a meaningful amount of time. He has more credibility right now than anyone else. I cant believe people are delusional enough to think that things are going to turn around for the US. Unless someone like him takes over in a coup or something crazy this country is financially screwed. I wish you were right.
tube2a 2 years ago
@tube2a
If you think that this republican can predict the future you're the fool. If you republicans had your way and elected Mr. Magoo and Palin I would be selling everything I own and would be buying gold. Now that there's a competent government in place I will keep my investments and hope for the best.
RichardE8ST 2 years ago
Hahaha, your such a sheep! Your so intertwined in this partisan mockery of our nation its sickening! Im not a republican, dont you realise that the republican vs democrat bull shit is all a big play to keep propaganda sensitive fools like yourself watching the play while they reach into your back pocket and steal everything from you? If you seriously believe that obama is good for this country and has done anything he said he would, i feel for you. Bush and Obama = same shit different color.
tube2a 2 years ago
@tube2a
Obviously you're a clueless fool if you don't know the difference between bush and President Obama.. He's doing an excellent job considering the GOP Greedy Obstructionist Party has tried to block every bit of legislation that they possibly can. Pull your head out of that hole and read a book for a change. You will be amazed at what little you really know.
RichardE8ST 2 years ago
GOP block his legislation? HOw is that even possible, the democrats have had the 60 vote fillibuster, they didnt need a single vote from the republicans! what world do you live in! Read a single fuckin THING about whats going on before you tell me to even read a book, your clueless.
tube2a 2 years ago
@tube2a Watch a news source other than Fox for a change. I don't have the time or the desire to tutor you . Every republican and two Democrats voted against reform, and you blame the Democrats you are a real moron.
RichardE8ST 2 years ago
You keep trying to make this an old worn out pointless partisan issue when you are the only one in this conversation who is partisan. How many times do i have to tell you i am not a republican, or a conservative, im a constitutional libertarian who believes that homosexuals should have the civil right to marry, that the constitution is not up for debate, that the smaller government is the better (in most regards), and that regulation is the only thing government should do in the economy.
tube2a 2 years ago
I have yet to blame democrats, stop putting words in my mouth you partisan fool. People like you are responsible for the situation this country is in, stop it for the sake of this great country. Swallow your pride and admit that your partisanship is WRONG.
tube2a 2 years ago
@RichardE8ST The American Economy is about to collapse, because of the Democrats and the liberals, they did this... Barney Franks, Chris Dodd and Bill Clinton... they are the ones who did this, Bush spent 8 years warning congress of the impending housing market crash.... Now Obama is making it worse.
politicalratfinder 2 years ago
@politicalratfinder
The economy did collapse after eight years of bush / republican deregulation incompetents and corruption. Bush took surpluses and turned them into the largest deficits in history, wiped out the economy and tripled the debt. The economy is recovering now but we will be paying for the republican disaster for many years.
Stop watching Fox you're lost in a world of bullshit. Republicans are counting on Fox and limbaugh to keep their followers in the dark.
RichardE8ST 2 years ago 2
In the Great Depression, Roosevelt tried deficit spending, but he was too timid. Then he stopped in 1937 and the economy nose-dived. It took the humongous deficits of WWII to pull us out of the Great Depression. Those deficits blasted the economy from depression into overdrive.
Although the republicans are suddenly concerned about the debt it would be a mistake to cut off spending now. Debt spending sure didn't bother republicans when they were in control and the economy was good.
RichardE8ST 2 years ago
and this retard redhead bitch needs to be taken off the air.
Chslosers 2 years ago
naw, i think she likes peter...
kobe88124 2 years ago
she probably likes him but she is retarded and gives bad advice.
Chslosers 2 years ago
nice rack
HairyTurds 2 years ago
They don't laugh at him anymore.
judoskeleton 2 years ago 6
@judoskeleton Exactly there's silence and agreement.
keokirhodes 2 years ago
schiffs got his econrap down to a science.
he will devastate that mcmahon/simons alliance!
after he slams dunks the primary race,
he will bitch slap blumenthol all over the place.
michaelpshipley1 2 years ago 2
I second all that and I admire the red head for keeping an open mind. A year ago she treated peter like a freak show because she never heard his perspective. Now she listens, understands and agrees. At the end of the interview you could hear the admiration in her voice.
Talamanca3 2 years ago 2
Not really michael, the assholes on FOX such as Cavuto will push mcmahon without speaking about schiff. If schiff is elected it means the end of their economic treason as well.. not just for the democrats.
Chslosers 2 years ago
hopefully beck will give schiff some air time?
michaelpshipley1 2 years ago
Maybe but it will make Schiff look just as crazy as Beck. Beck has a self proclaimed lack of history which is why he distorts most facts. He is a pro military interventionist in ideology while Schiff is a TRUE libertarian who supports more of a protectionist view in regards to military and trade.
Chslosers 2 years ago
Beck is a phony that unveils the chess pieces but not the chess masters. Its amazing how effective of a partisan tool he is. Probably one of the greatest propagandist in human history.
tube2a 2 years ago
@tube2a Well that's one thing we can certainly agree on.
RichardE8ST 2 years ago
I am sorry if i have been rude to you, but the situation is dire. I hope you at least try and view things in a perspective that does not include one side's talking points. Please realize its all one big show to keep the masses from seeing the truth. Divide and conquer us no more.
tube2a 2 years ago
I want to bang that red head... oh yeah, and peter schiff 2010!!!
savemyplaylist 2 years ago 3
lol
michaelpshipley1 2 years ago
Comment removed
userofnames 2 years ago
Wow Peter said it " a lot of people are loosing their jobs because these guys (referring to the congress) want to keep THEIR jobs"
farhadcoyote 2 years ago 2
Schiff for Senate 2010!
pschiffforsenate 2 years ago 3
has peter been losing weight? ;P
YesWeCantaloupe 2 years ago
Peter Schiff Peter Schiff
bestwrmd 2 years ago