Peter Schiff 12-17-08 Part 1 of 5

[jobedied]

Yes he can go below 0 % interest and this is what they will do.

They have to do what the bankers want if the fed lends at below 0 the bankers will then pay back the fed on the negative difference. In other words they never will pay it back. Tax payers will. Ben is TIME MAGAZINES man of the year. And I hope things work out for him and our economy. But Hitler and Stalin were both Time Magazine men of the year.

[0oHIZAKIo0]

I have been spreading the word of Schiff, Celente, Paul, Rogers and Chapman for the past few months like crazy. Only problem is very few want to listen. It is easier for the average Joe not to care and let "others" handle the situation ... until they realize it's too late.

[bc5620]

be mindful, the market is manipulated by emotions of people

[kajgtlkjglkgj]

I'm listening to the video and it is freaking me out.

[Crusader8427]

Peter Schiff is right, the Federal Reserve and Government are destroying the dollar, but it's not like the Fed doesn't know that. They know exactly what they are doing. They are intentionally destroying the dollar to make way for the Amero.

[abravesha]

Peter says real estate is a bad move because home prices will still go lower.If we're going to have hyperinflation though won'tEVERYTHING cost more?If youre a first time home buyer would it be a good time to buy now?There's a video called Money Masters on google that says everythng Jim Rogers,Schiff,Max Keiser talk about.Towards the 2:45min mark it suggests that 2/3's of world's gold supply is in the hands of the IMF.Wouldn't that pose major threat to the idea of buying gold as a safe guard?

[Crusader8427]

Your right, by buying gold you are still at the mercy of the IMF and Federal Reserve. The best investment right now is guns and ammo. If worst came to worse and you couldn't buy food at the grocery store, you could go shoot your food.

[Justbeatit999]

If you want to follow all of PETER SCHIFF, JIM ROGERS, MARC FABER and RON PAUL. I always go to financialtruth0.blogspot . com because they post all the videos there. Thanks for uploading anyway!

[drueurd]

Zimbabwe was "The Test Run". It WORKED!

[dan020350]

let the economy collapse its a good omen

[curiousEGM]

He's right! They're going to kill the economy with inflation no matter how much of it they create. Things are horrendous as it is and the last recourse is to pay more for everything? really? There is that much purchasing power in people's pockets? Sure, your employer is going to say: Here, have a juicy raise so you can feel richer!? Truth is raises are as promising as the economy itself. Problem is the pledge for raises doesn't go beyond that, promises... You got stuck holding the bag, no doubt.

[chromedreamz]

whatever happens with dollar/US economy is pretty much predetermined. I just wish I knew what these Bastards have exactly in the cards, all I know is it isn't good for 99.9% of us, rich or poor.

Peters rules nonetheless

This is where I am weary about Peters strategy, he seems to be unaware who he is up against- our economy is in Shit, but NOT an accident

[thepassionateteacher]

HOw can people be so incompetent at the Federal level? This MUST be planned. Peter has said on the Alex Jones show that he does not think this is an orchestration, but I wonder if he is starting to change his mind... Even if he does beleive it he can't really say he thinks it is all planned becuase consipiracy theorists are laughed at.

[pieaficionado]

Exactly the same thing is happening here in the UK.I've resisted the conspiracy theory for a while but there's too much of the same thing being repeated all over the world for it to be ignored.

[sampsonoff]

so your implying the whole Illuminati theory? i really don't buy. i think bad governance is to blame

[ajpmathwiz]

In the event of hyperinflation, even gold won't help you. The economic destruction that will follow in a matter of months leads to food shortages.

[dragonlordkfb]

that's true, but its still a medium of exchange for those of us that cannot hoard preserve food!

[rujunie]

Click Channel Link For... Hilary Rosen bitterly attacking Obama supporter Roland Martin over Pastor Rick Warren being picked for the Invocation at the Obama Inauguration.

[rujunie]

Click Channel Link For... Hilary Rosen bitterly attacking Obama supporter Roland Martin over Pastor Rick Warren being picked for the Invocation at the Obama Inauguration.

[kartoonkidd]

Oil is priced in dollars, so if the dollar is tanking oil should become more expensive, even out weigh the slump in demand. Its also freezing in CANADA & THE Northern U.S. so heating oil demand should be increasing as also an increased demand for natural gas.

However I wish gold & silver would go thru the roof to pay off my house.

[chromedreamz]

They say Demand for Oil is low- when Oil was $147 / barrell in july- now in the Middle of December where it is freezing (where i am) and 50% (minimum) of US/canada population alone - their is no way demand is lower- even though people may be driving less. Oil is in a class all by itself,economics has nothing to do with Oil,Politics does. Well politics has to do with everything. watch for a Dollar rally in next couple weeks- who knows-

[Civsuccess2]

Schiff is playing into the hand of FED!!!! FED wants to force people to abandon US dollar in exchange of stock, mortgages. Buying Gold, a non productive medium, will prevent business from getting financial help.

[tanio12]

"Buying Gold, a non productive medium, will prevent business from getting financial help."

Which businesses need help?

[thequietkid10]

and it probably will be rejected. They barely had enough support for a stimulus package much less a multi-national currency. The ultra nationalistic right wing (Limbaugh ect) will hit the ceiling when they hear we're sharing our currency with Mexico. Besides how are they going to sell a new currency as an inflation relief solution?

[Civsuccess2]

Schiff has conflict of interest. His investment is in Gold, therefore he's not going to talk negatively about gold.

Peter is right only because FED follow its pattern of creating inflation. Without FED printing money, Schiff's gold stock will not increase in value.

[nkfallout]

NO shit that's his point... If you listened to him he advocates getting rid of the FED.

[Civsuccess2]

Errr.....FED is again lower interest rate.

That's why US dollar is weaker.

Sciff, you should have already known what FED is doing.

[masterjackblack]

the schiffmeister

[njn1974]

Americans need to wake the hell up and freakin' start caring about our country....Share this information to all your family and friends and if they don't get it keep feeding more and more info till they realized what we're facing. Buy Gold! Gold! Gold! before its all gone!

[ebaum1saik]

I'm more on Peter's side, but there has been a serious drop in M3 (money supply) which IS deflation. He needs to be less hysterical and realizes the people who are worried about deflation aren't just cheerleaders for the Fed and the gov't. They have legimate concerns.

[wowholypriest]

When u listen to peter on other programs, hes much more articulate. This is not peter "FAKE"*****

***"FAKE"***

go listen to real peter youll know the difference

[VegasBD]

This is him, he just usually is not this animated. This same program is on his website, do two seconds of research before you post idiot nonsense.

[thinkrevolution]

haha. you're an idiot.

This is Peter Schiff on his radio show.

[wowholypriest]

If it is him,, He has now lost me as a beleiver.

He was good as long as he was, not so hyper, here he just sounds like a madman,, sorry im out..bye

[wiufan11]

do you know why he gets excited? because he knows the truth and it is hard for people to comprehend why a lot of people do not want to listen. there are all of the clips of him over the last 2 or 3 years..talking about all of this. all of them are and have come true. we are having a short term dollar rally, but that soon will end. i want to invest in ETf's and other services, but i am broke. his company offers services (europacific)as a brokerage firm. how long will people ignore the truth

[bgilliam83]

Creating interest from thin air that is inherently impossible to ever pay back is a cock slap in the face!! I fear the only way out now is to start a revolution and cut some heads off?!!?

[OpenMind00]

AM I in DOllar denominated assets if I own GLD?

if I own foreign companies?

Through US accounts?

[Paetaor]

Yes but this is a special case. Gold stocks find their own level around the world by default.

Gold is money, dollars are just currency.

Not sure about question 2. Guess it depends.

[AM429]

Gld is boring, i got UGL which is 2x gold.

Gold is an antidollar play, but the question is what outperforms, gold or shorting the dollar. Look at the fund dxddx, its 2.5 times the inverse of the dollar so thats 25% profit when schiff talks about 10% down its a good fund.

[OpenMind00]

DXDDX when did that start

who runs it?

[AM429]

i dunno, a year ago. Its direxion funds. look up the symbol.

[Zwikster]

yes it may be 2x,

but real physical gold is in your hands ;)

big difference!

[AM429]

i Got that too, you think itll pay off though?

[Zwikster]

Just wait for the US dollar to fall. In most currencies gold is up quite a bit.

In Canada a 1oz gold coin was $900 a year ago, but now its around $1100.

Thats a 20%+ increase.

[AM429]

It's annoying me because currencies are going up 4% and gold up 2% in USD terms. Should gold outperform foreign currencies?

[friedenmeister]

you are not in any assets at all if you own a gold etf. the etf's short sell their clients gold to create new shares and avoid purchasing on the open market until prices fall. they are part of the manipulation.

[nmbypmby34]

I know that "Diane Swonk" oh he is going to save us from "deflation."I hate how excited some of these people are they are so demented.

[pieaficionado]

Can we borrow P Schiff for the UK please? We are doing everything you guys are doing albeit with a 1 month timelag.If I want to know what our government will do in 1 months time I just look at what your government is doing now.

[friedenmeister]

that's funny. when i want to know what my government will do to my civil liberties in a year or so, i look at your government in the UK

[USAFcrypto]

I had to listen to this segment again... Inflation Genie! Priceless.

[USAFcrypto]

Can someone with artistic abilities draw a cartoon of Peter trying to put the Inflation Genie back in the bottle. Perhaps the genie could look like Bernanke. If anyone undertakes this, plz message me.

[wowholypriest]

The voice isnt peter schiff.

[colourbox101]

Actually it is.

[tomniemiller]

yes it is

[buchoogdelight]

thanks man... appreciate it

[USAFcrypto]

"...and save us the scourge of being able to buy things for less money"

ROFLMAO!!!

[CanterburyCat]

I live in Japan and in Nov. I flew to LAX, walked to the Wells Fargo branch nearest the airport and sold most of what was left of my dollars. I just keep looking at the USA and all I can see is doom and gloom.

Peter says if you have dollars, you are going to be broke. I wonder what someone with $100,000 is going to be worth if that is true? $10,000?

Twilight zone.

[dx11101]

wow look at that dollar index dropping like a rock. Buy Gold and Silver while you still can at these prices.

[rockhardxrocker]

Heavyload, you're fucking awesome, keep up the good work.

[psxwarrior]

Somehow, I think they do know what they are doing, and I'm convinced they are really trying to kill the economy.

[billsaintkilda]

Well it's either that or they're just fucking inocmpetent. Either way it's bloody scary.

[psxwarrior]

"come on bernanke," says paulson. "Lets keep trying as hard as we can to crash the economy."

[odin422]

Sweet.

[Skinski7]

Thanks for this. Sure beats waiting around for the Euro Pacific archives. much appreciated.

[jeoneiscoz]

thx heavyload, great job.

[lewfit]

Damm you are Quick HeavyLoad... Thanks Man!

[ioniancat]

Mr. Schiff is correct, failure to listen to the truth can be fatal. Protect yourself.

[jortizz]

Thanks for the super quick upload.

[insightpx]

Yea roger, thanks heavyload!