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  • So was I correct

  • The past couple of months I have been watching Gold. I watched the price hover around the 1790-1795 range but the price never managed to hit above 1800 then drop to 1750 and below. Today the price of Gold is hovering around the 1590-1595 (not above 1600.00) range this is too obvious of a pattern. Their is a ceiling it is slightly above 1900 then a significant drop in value.

  • @001MeTaBoLiC100 No it's still not at the level it was in 1980. And if you'd understand economics like Peter does, you'd know there is no ceiling for the gold price. Inflation will worsen and so people are going to buy more precious metals.

    You will know there is a bubble when your colleagues at work recommend you to buy gold & silver. And when the people who are now saying that it is a bubble, are actually buying because they think it will go up more. When gold becomes a hype, THEN you sell.

  • @TWSceptic Yeah but did you notice again the price of Gold did not go over $1600.00 this is what happened when the price of Gold was trying to break $1800.

  • @TWSceptic Also I see ads on the internet and several people encouraging people to buy Gold now. These people who are promoting Gold and Silver have already made millions of dollars since they bought in earlier. I dont know what to expect but this seems like a pattern.

  • Comment removed

  • come on man i bought bitcoin from your website and now you change it why is that baby.

  • I just bought a few ounces of gold the other day.

  • u spelled toilet wrong

  • Gold dipped... clearly because its higher than platinum and still way up from July. It will come back. Back in the early 2000s we thought we hit the ceiling.... ill take 1650 over 400 per ozt any day.

  • @100silverpizza Only thing on "high" is the printing presses for the USD. Banks, governments and the asians will keep buying, you keep on living in fantasy land.

  • At 5:35, Peter Schiff says, Gold is Money, everything else is just a poor substitute.

    And then the Lady said, But Bern Bernanke seems to disagree.

    Hallo, it was Bernanke who got us in this mess in the first place. Wat a Douche!

  • @hazry45 she is blonde.. you have to understand ..

  • @eedobe, so you're saying that gold cannot be used as a currency? But wasn't the dollar backed by gold pre-1970s???

  • Great video! Vancouver gold buyers agree gold price will continue to rise.

  • No ceiling in gold hey Peter!! YOU IDIOT!

  • That interviewing woman is annoying. Is being annoying part of the job description or something? I don't know if Peter Schiff is right or not, but he makes some valid points. I have to agree with him for the most part. I just don't trust the govt. & figure they will find a way to steal everything from us - gold included - despite our best efforts to preserve our savings.

  • i will take your gold for a loaf of bread but not your US fuckin tiolet paper!!!!!!!

  • Demand and supply is an economic model of price determination in a market.

    Silver and gold is a good long-term investment for those who can afford it, BUT it seems to me that continuous growth of the gold price is clearly due to artificial market manipulation intentionally created by rich and powerful. By escalating people's interest and their further desires, it is obvious why price is continue sky rocketing.

  • gold bars 1 kg , less than 3 years old . 5 metric tons is my offer ,purity is 999.9%, discount is 4% , source is malaysia , interested do message me

  • as far as I know,Gold hit 1910.00

    of course that will go higher

    Gold is money NOT something else

  • LMAO! In a couple of months GOLD will plummet and then I'll buy! Hehehehehehe i'm fucking evil! :D

  • @bigchicken24 u realize that its basically impossible for that to happen since many currencies are on the verge of collapse and will do nothing buy print money?

  • When the shit really hits the fan, Gold will be utterly useless... You can't eat gold!

  • @togalogs cant eat money either

  • @togalogs yeah but I can beat you over your empty fucking skull with it.

  • @togalogs you can't eat paper either ffs but your paper will be worth nothing and your gold will be worth plenty

  • Bubble

  • anyone buying bonds or treasuries have to be nuts. peter has been right for years.

  • time 2 get outta dodge??????....

  • The leased gold has been replaced with coated tungsten.

  • It's not the first time that Peter Schiff has been right and everybody else that is on tv has been wrong. Throw out the tv or get used to it.

  • @JohnnyHorton PETER SCHIFF TELLS THE TRUTH. THE BITCH BETTER LOOSE THE ATTITUDE AND LISTEN.

  • its much better then the bank and investments !!! bye gold

  • There is a Gold Rush.

    Increased demand. Not a Bubble.

    As gold becomes legal tender and more widely used, the price of gold will go down and there will be a more natural level of inflation and stabilisation.

  • Gold will be in the $2,300's by year end 2011, and continue higher over the next six years, until the USA comes out of its funk. When we put duties on chinese imports soon, inflation will scream higher and gold will soar much higher, to $5,000 - $7,000.

  • The only safe haven is God and he expects people to store food, water, bleach for purifying water from the creeks when you run out and plenty of food for your loved pets (dogs, cats, birds, etc.). Gold gets you back into the market games. This is serious folks.

  • the same cocks that hyped up the internet stocks years ago, then the housing market not too long ago ..are now at it again and now its precious metals, these f..kers are plaing musical chairs and then towards the end the suckers will be left standing while these guys will be sitting on a beach in the tropics..

  • It will be easier to figure out what is wrong with the economy when it breaks. Stop trying to save the economy, and let it break clean, so we can prepare for it before it happens. We can probably fix it to break when we want it to. Ultimately, if you cannot collect on a debt with force of authority, you cannot collect on a debt. Break it and start from scratch. The Jewish cabal would take control over any appointed with their hidden Jew gold, so what's the use. Can't save the world. Lol.

  • islam taught this 1500 years ago!! dinar and dirham...gold and silver as currency!

  • why Peter always got hot girls in RT? and yet he claimed he's Right....

  • Total value of gold in the entire world = An insignificant percentage of the world's wealth

    No modern economy can run on gold alone, not if you want to pay people, build anything, invest in anything. Fiat currencies may be an "inferior" product, but it's like suggesting everyone eat 100% organic food all the time. It just doesn't work.

  • @eedobee Revalue it upward and there's enough.

  • I would trade in my gold for one golden shower from that hotty anchor woman! Thumbs up if you would do the same!

  • @shanish82 I'm homosexual but the anchor woman is nice looking.

  • Gold isn't a bubble since it follows the trend line in the MA. In fact, it's long overdue for it to reach 1800 level. The only reason why their price flattened out is because people were putting their money on equities during QE. Now that they've run out of intervention bullets, Gold will be priced higher because they printed out money and that's the correction you get from intervention. Now tell me a good reason why it should be a bubble.

  • gold is the next bubble

  • @cowpacino Based on....

  • The only good use for gold is it's conductivity in it's usage for renewable safe energy.

  • gold is not in a bubble. I don't know any major/credible economists who think it is. They do however think that 1800 levels are not normal and in the event of a recovery or recession they'll eventually flatten out.

  • Fuck money period, gold-based or fiat.

  • She's pretty,  but she's the worst host on RT

  • Gold is just another bubble. What can go up can go down. To believe that it can't is foolish. When World currencies crashe and gold becomes an open and accepted currency to purchase goods and services it will then, I believe, lose value as a market is developed. As gold becomes a regular median of exchange it's value will then be determined by the market instead of current fear of market collapse which is a major motivator. Sciff's pitch is fear. Capitalism creates one bubble after another.

  • RT more of this host please

  • As the smart mega rich sell out on gold...but first buy more SILVER...

    All the TV commercials "buying" your gold...its so clear.

  • Why is Peter so red in the face?

  • Why is Lauren so negative, pessimistic, and condescending?

  • Does anyone else notice how she must have like a schoolgirl crush on good ole Petey?

    also,,,he is 100% right about gold not being in a bubble and it being a barometer on our failing economy, but what does he know right? only predicted the 2008 collapse when everyone else was all candy-coated lollipops and fields of golden poppies!!!!

  • One can't eat gold. It's shiny and durable, but a kilogram of bread will keep you alive longer than an ounce of gold.

  • @Erik20091113

    Epic Comment Fail.

  • @Erik20091113

    Gold For Bread - Zimbabwe

    watch?v=7ubJp6rmUYM

  • @Erik20091113 your right you cant eat gold. You also cant eat Euros, Dollars, Francs, Yen, or Dong. Although, you might try to eat the last one, I assure you its not edible. You trade the inedible currency for edible items.

  • @Amehdion Smart people have food, they can trade if they want. OTOH, the choice between trading that ounce of gold for that kilo of bread, or starving, isn't easy. If you are late, that ounce of gold will only give you an ounce of bread.

  • @Erik20091113 How long will the bread keep?

  • @jimbobubbadj as long as you want if you freeze it

  • BUNCH OF GAMBLERS

  • Gold is for Kings, Silver is for Workers, will Gold and Silver really be accepted as a form of payment for food, cloths, cars from the general place like Wall Mart?

    Leverage like the real estate market, as collateral is needed to cover the paper investments by the banks, the large banks will send the Gold back very slowly otherwise there would be a crash, this is leverage to get people to buy as a commodity of collateral of protection...

  • Gold is for Kings, Silver is for Workers, will Gold and Silver really be accepted as a form of payment for food, cloths, cars from the general place like Wall Mart?

  • What a horrible news reporter. Don't they research before they interview there guests. This man has called the markets to a tee for over ten years and this reporter laughs at him. Well I hope she owns bonds!

  • How high will GOLD reach this ??

  • TRUTHPROJECT8/20/2011

  • YES I GOT GOLD.

  • Peter Shifty ain't sleeping till the dollar dies completely.

  • Gold will rize till we burn the excessively printed money

    Bernanke is going to print gold bars soon

  • Why does the US keep showing these same 2 guys stacking gold bricks in a vault almost 40 years ago?

  • people are worried about food more than your damn gold, stick it up your ass when economy goes belly up.

  • ahahahah who the fuck is gonna buy your "safe haven" gold when no one will have any money? or will own worthless money? you are nutz you gold idiots.. this is an obvious bubble and it will sink just as the economy sinks.

  • Didn't Peter say Silver will rise too? But Silver hasn't really risen that much. :( He hits and miss most of the time.

    He knows what he is talking about but investment wise, is give him a ear and pay attention.

  • @ZSwierczynski Patience is a virtue.

    But you should look at silver again, +5.85% on Friday speaks for itself.

  • I wasnt aware this guy was a sleeper agent. Thanks RT! Also Jas 5:3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

  • @adamb20102010 glad to see someone knows the truth in those words of truth. Shiny stuff from the ground? Well,you can't eat it. The value is in the blood and sweat that God made. Gold is a huge deception for mankind. It is just heavy and shiny and you can't eat it or drink it.

    Peace

  • what a dumb whore od\f an interviewer.

  • Golds to dam expensive.

    I guy copper, silver, and nickel.

  • BIGGEST RT BIMBO REPORTER YET! Do your research on the people you interview first before acting like a drunken bimbo whore and start insulting your guest. Schiff has been right again and again and he will be right, again. This is because he uses common sense. Something this reporter deeply lacks.

  • Gold price is the indicator that the funny money ain't shit but paper, just think about it, you could take a 20 dollar bill back in 1910 and buy an ounce of gold! How much is gold now 1,815$ WTF!

  • @TejasTigre I miss Dina who was my fav RT host and she must no longer be on the show as she has been away for months now. When I noticed she was gone for three or four weeks I still seen her name on the RT webpage hoping she was on vacation.

  • gold will be worthless soon enough ... trust

  • That chick is utterly reeeeetarded! Lol, RT has a long tradition of hiring american bimbos, mimbos and pussies, for good propaganda value tavarish! It's funny, actually ;)

  • It cracks me up how all the media that interview Schiff act like he is crazy and he is consistently right.

  • As they say in Eastern Europe, he's a JEW!

  • Chavez taking possession of physical gold from multiple sources, tells me that

    1 his country is diversified wrt gold banking

    2 they are first {or close to} in line for a run on the banks

    on North America chavez apparently has recalled V's gold from J.P.Morgan and a Nova Scotia bank

    Private corporate holding banks........

    so America, does Fort Knox have your gold?

    or is it being fractionalized and hypothicated by the likes of J.P.Morgan/Chase with the blessing and support of the private FED ?

  • Don't forget SILVER!!!

  • gold bubble

  • @TheZeitgeistfan

    Unfortunately, the dollar has lost 97% of its value since 1913, and is about to lose the rest.

    Dollar bubble

  • Comment removed

  • Nice report. I like!

  • Why is gold so important in the first place. Go watch USfulloflies. I'm not quite sure whether its real, but the evidence is surely there.

  • @CycloneX997 - Since time began wise men have debated what is money and how to protect people from greedy bankers and Governments and they've always decided there is no substitute for Gold, Don't assume modern day man is more intelligent then our forefathers when modern day man doesn't even know how to feed itself.

  • Smart money understands Peter Schiff and is prepared since years. The others will have to suffer and start from zero again.

  • HER NAME? HER NAME?!

  • we got to get Schiff into Government !! Great Guy!

  • @dannysulli9999 Peter Schiff is a great economic mind- He ran for Senator in Conn. last election and the elites ( many of the Conn voters are wall street ) knocked him out in the primary. He's too radical for most people- sophisticated. We can only hope that when Ron Paul is our President peter is appointed as counsel.Peter Schiff has been RIGHT since forever and I have watched him tell the truth on TV and it makes me cringe to hear these tv boobs do a valley girl laugh and denigrate him.

  • @paisley73 She's not denigrating him... RT as a whole tends to agree with people like Ron Paul, Peter Schiff, and etc. People who are against the established corrupted elite. Intelligent women tend to become giddy talking to a smart guy. And her name is Lauren Lyster.

  • @PeoplesGenerIt RT is more open to showing Peter's platform - however the status quo of journalism whether RT or CNBC always slips in backhanded compliments by reacting to his forecasts as if they are UNBELIEVABLE+ foolish. Peter has been right for years + deserves praise no laffs. Lauren's ho ho ho - you heard it here first ! may be out of character for her but it is sarcastic and patronizing.Thx didn't know about the smart guy -giddy gal phenomenon you must be speaking from experience

  • Learn economics from the same people Peter Schiff and Ron Paul learned from:

    Mises. org

    LewRockwell. com

  • I'm just waiting for the official press announcement that the USA no longer has any Gold, it was all spirited away to foreign nations in years gone by because they thought it was only a tradition.

    The economic collapse isn't a real disaster because if your country has Gold it can start again

  • @IronicallyVague

    lol are you retarded? most of worlds gold still in USA

  • @6yka66RUS - So their Gold is our Gold or do we have any of our own? If you say yes then prove it please because I have been given no reason to trust the US Government in the slightest when it comes to financial matters.

    I want to know how much Gold if ANY the USA still has

  • @IronicallyVague

    USA aint got no money, or resources, its all one big debt. So what? they still consume the most, theyr at wars non stop. They will start another world war to overcome this crysis, WWI, WWII, who started them? who profited most? When USA first became strong? learn some, k

  • @6yka66RUS - Why are you bringing up all the Biblical prophecy's that are coming true?, the topic was Gold. But if your that concerned about it then you should stop looking at the world as a place with borders or as if it had anything to do with national pride and educate yourself with what's really going on, It's all covered in the book of Revelation.

  • @IronicallyVague

    BOOK, is written by peoples, i dont trust peoples - i dont belive in these books, easy

  • People whould be wise to listen to Peter Schiff. He's practically always right on economic indicators.

  • @Mrcastleskeep Austrian Economics.

  • Hugo Chavez is going to start a Gold panic when the banks come up empty.

  • @RandallSteen Hugo Chavez can't even afford central heating in his mansion ... .

  • @SeiferOptics What has that got to do with the price of gold in Venezuela?

  • "It's pretty funny that the people who missed the stock market bubble and missed the real estate bubble think that they see a bubble in gold"

    Precisely. Everyone's a bubble-expert after the crash.

  • Cool story bro

  • I think Olivia Newton John said it best..... "Let's Get Physical"

  • @Skudgeboy I think Peter Schiff wants to get physical with the news host....lol

  • Note to RT cameraman and editor show more of the interviewer and less of the old yank guy

  • @taggart64

    yeah show her tities!!

  • Peter Schiff IS always right. I don't know what this woman is trying to say.

  • stop gaging

  • And when everyone pulls out of gold, the loses will be huge and the next bubble will occur.

  • @mephesh - When everyone pulls out of gold? People are about to rush into gold, not pull out. Where have you been?

  • @mephesh pull out of gold to park money in currency notes ? Then you don't know the reason why people park money in gold !

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