How to Economically Prepare for the Upcoming HAARP Disasters Australia in November 2010-October 2011

[lucy9359]

the bible says that this will happen revelations says that it will be a days wages for a loaf of bread...after ward their will be a one world government take over and people will be marked either on their right hand or forehead with the mark of the beast and will not beable to buy or trade without the mark but taking the mark will cost them with their eternity...don't take the mark or you loose your soul....

[joecanukk]

Take the red pill. WAKE UP!! Global Governmental Corporations Spewing Toxic Lies through Economic Enslavement. NewsInfoTainment Media Whores Sponsored by Murderers of Children by Air Waves and Comfort Foods. Fluoridated Brain Washed Zombies Buying Regurgitated History Written by Greed .. You are being Sold A Lie .

[chilliningamestop]

fuck we did lose the war on freedom fuck it all

[imenhoteb]

fucking losers..... fuck all wall street f terorist

[LIONLIGHTT]

President Lula said on television and in newspapers that he was happy

because the United States of America has economic problems, he is a political physiologistand, a bad person. I do not think so, USA is a great country, and has very good people.God bless the United States of America and the American people. I am (half) brazilian and do not live in the U.S.A. LULA is unscrupulous and pachydermatous.

[kavkaz4life]

What is sad the goverment bail out the Banks after all they have done motherfuckers! But when it comes to Teachers,Firefighter and Police they don't have money to help them! What the FUck is that?

[davidlee110]

IMPEACH OBAMA

END OF OIL AGE

GLOBAL FAIL SYSTEM!

[deltaalpha21074]

SHUT down all the OIL in the whole F-ing world then Militarys can't move COPS can't sit looking at PORN on thos Panisonic Toughbooks ie ""utter anarchy""all over the world HAHHH scary isn't it......??Yeah for the little SWARTHY Bitches whether educated or flat out DOPE fiends with needle stuck in thier ass...Only the real Men will survive no FAGS or Liberal queers who rely off this Failed system.

[cosmicfeedom]

end the fed end the fed ron paul

[RAdamusNost]

Look at what these governments are allowing, the rest of the world is poor when we have the technology to help out other countries and people in need through out the world? What the hell is wrong with us as people to allow this? They're people too, we should be working together as a team, a worldy team, the only thing seperation by culture is doing is haulting our progression into the future; it's time we team up with eachother, and get more minds and more ideas into the mix; Revolution

[hru98]

TRY BORROWING MONEY FROM A MEXICAN--I did --u can't get a crumb from mexicans---they try to take your money through "borrowing" from people they know and creditors---who is this crazy mexican saying mexicans don't borrow---and are generous---that's a real laugh----they are stingier then anybody there is---maybe not all mexicans but the ones ive seen won't help even their own families --get real

[Boooby]

@hru98 damn I'm mexican myself and that one is new lol The stereotype usually is that mexicans always send money back to their families in mexico and people don't like it because it's bad for the economy.

[February3rd2011]

greeatt....

[goldenknight777]

I am pissed as HELL! When you work your whole life, serve in the military, an still never get your needs met because of greedy backstabbers, it is time to do something about it.

[Jessecraft1954]

I just wonder how many Americans have seen the government as a group of rich people who use the average working American as nothing more than a slave in the field to enrich those in the big house. Amazing how much money is taken from Americans to enrich others while they themselves lose their jobs, healthcare and homes. Yet our taxes pay for the jobs, healthcare and homes for those in government and prisons, along with free college educations for lite time prisoners. Do you feel like a slave?

[THEDROPPEDSOCK]

@Jessecraft1954 You've got it all wrong mate! Watch this vid "THE MONEY MASTERS"  The govennment is not the problem it is the Federal reserve bank that is killing your country. It's a long movie but atleast watch the first 30 minutes as you will get the message from this.

[riverlioness]

@THEDROPPEDSOCK

The Federal reserve governors board is a public entity, it is government intervention at the top down. The US corporations should watch out. Marxists have a history of using capitalism and losing it.

Capitalism is prosperity of the people. Government is not the people. They are aristocratic families having political connections throughout their families.

If you sit back and approve of your economic enslavement, your children will work in sweatshops. Leaders are greedy

[SirVaughnElric]

Resource Based Economy / Google it / Problem solved. Build things to last, not break after 1 year warranty. Like my I-phone that's just getting slower and slower and slower (WTF). Do without the Monetary system, It doesn't work any more. Scarcity, Violence, Hunger. Too many people fighting against each other and not working together.

It's really NOT that hard to comprehend, Its a better world when we imagine it and take 1 step forward. :)

LETS DO ET! I know I'm trying :)

[MrThundermouth]

actually after 10 year the expected gdp is higher so the average annual cut will be lower than 23 % , maybe 12 % and my guess is also that the value of the dollar will fall some 12% from todays levels. SELL Dollar. Dont buy chinese yuan cause they will never change there currency policy. BUY Either Jap Yen or Brazilian Real.

[MrThundermouth]

I know what will happen within 3-4 years. A deepened budget crises. And then the reation. Corrporation taxes will be lowered in order to fuel the economy. It will cost 390 busd/year. At the same time you will start to pay off 40% of the budget deficit. That is 556 busd/year. Together that is 946 BUsd/year. Today TAX revenues stand at 4060 BUSD and if you cut ..4060-946=3114BUSD =23 % Cut in the public sector inkluding the military spending, Now this is what you are looking at in 3-4 years.

[caballoligero]

yeah here it goes, americans get ready now because now youre the ones that are going to cross the border to mexico for better living, now you guys are going to know what it feels to sufer. your children are going to get killed for crossing the boder. not getting helped by hospitals because you dont have SSN, and forget about your children going to collage they have to pay triple the money to get and education, i am just trying to every one out there the stuff latinos have to go thru

[travismany]

@caballoligero Ha Ha Ha, dont think so, we unlike you stinking Mexicans will make our own path and survive. Like your country will have it that much better. Your country will collapse also because you dont have the US holding your shit hole of a country up anymore. The US has helped your country so many times over and over again, the only thing your country exports are drugs... scumballs

[caballoligero]

@travismany yeah we export drugs,because usa has a huge demand for them. aleast we dont borrow money like you. i am born here but i still consider my self as mexican, and i know you americans cry for the last penny. this reccesion is happening for a reason you all deserve it. and i dont how you wolud be proud of your country, when all they do is borrow money, but try borrowing money from an american you pieces of shit. greedy=americans

[hru98]

@caballoligero true many americans in the past were greedy--plenty still are---i dont see other countries so much better than here-----dont say mexicans dont borrow---in fact some mexicans "borrow" and never pay people back and are con artists---dont talk about americans when some mexicans are sneaky and marry americans and use americans for citizenship and money and anything

[hru98]

@caballoligero mexicans aren't any better

[CorporateRule]

We support President Obama for helping to dramatically improve Corporate profit margins and stave off higher taxes typically endorsed and passed by the opposing party.

Obama has single-handily saved America from the brink of an economic meltdown, we're more profitable because He is in office!

Sadly, your Ron Paul will be corporate America's undoing, delivering the fatal blow to our economy when he shuts down the Federal Reserve, an important branch of the US Government needed to print our money.

[krisnnaabraham]

excellent video , thanks

[hishouseofprayer]

Is this guy a phophet

[strawdog1234567]

@hishouseofprayer Yes.

[steelbrushtattoo]

Spend, have fun, and just do what you want, then when the economy ends you can live in the rich peoples houses.

[85226]

This video was posted one year ago. Here we are one year later. Peter was right!

[60microphonemajesty]

Can't you fuckers see, they want you to argue and debate unnecessarily on Youtube instead of getting on point and spreading the word and making or planning impact to stop it.Smh.Don't be in denial and don't sleep, anything could happen at anyday.EXP 9/11

[aviomaster]

Trucking bussiness is a red flag for the economy.

and Trucking Bussiness is getting worse and worse.

So Peter Shiff is wright on the real economy

[aviomaster]

Peter Shiff is harsh , Letting banks fail , and let the FREE market work , PEOPLE would be MAD standard of living would be in FREE FALL

Goverment knows that and they are trying to save their asseses . Otherwise they would all be sent to Guantanamo bay together with terrorists, and probably killed on the streets.

[UltiimaGuardian]

USA roll to hell ))

[dmeiske1]

He is absolutely right on the stimulus, it never helped or did anything. The bailouts only helped those too big to fail and left everyone else to fall.

[rolficus]

peter shciff may be right about an inflationary bubble but at the point of collapse it may actually follow trend and become a deflationary depression which may last for years get ready for some tough times but change is always for the better .

[WolYou]

Respect Mr. Schiff. But: Bollocks. Economy is a bubble by definition.

What you is suggesting is a different approach to produce a new bubble. Its always the same stupid and absurd economic theory you're advocating for. It doesn't work. Free markets are illusions.

Is a 50 years rythm of collapse not obvious enough? What is it, that intelligent people are always falling for the most silly theory man-kind has ever produced?

[FUZZYisBIG]

Yeah.. because government interventionism is doing us juuuust great.

[WolYou]

The first how have seen the US economy collapse was an Austrian author who wrote about the collapse of 2008 in 1996.

[Brulluhman]

There should be a new international tax law. All the filfy rich get taxed by the country they lived in for the last 4 years. ONLY when there's a crisis.

Because countries who have to get their finances straightend up, have to take tax measures. No one should be able to run away from that. You can immigrate but not for the tax.

No you see California is cutting costs on education.. what does that mean for their economy in the future. Those kids grow up dumb. Their ROI will be zero.

[Brulluhman]

First hand over all the nukes to the EU.

Than your economy can collapse.. have civil wars all that kind of nice things. If someone interfers we will nuke h'm.

After USA is done.. the east part can join EU. We call it.. EU&EA. The rest can go to Mexico, China.. and Canada.

[XiaolinZZZ]

BRICs dont need us dollar anymore!!!!

FUCK USA just go to hell lol

american economy will collapse again!!

let`s make a peaceful world without USA

china superpower!!!!!!

[fox20012]

The world super power having a Ponsi economy makes me feel like I'm living in la la land, are they nuts, its embarrassing, I wonder what the Chinese think of the US

[GeoliphicMedia]

money is not wealth ... live good, think of future generations, be happy

[cramsa]

Good luck being "happy" with no shelter, food or future.

[GeoliphicMedia]

thanks

[dieper2dieper]

good luck eating and having kids with your money.

[dieper2dieper]

you fucker americans caused this.

we'll return the favour.

[techparts]

what do you mean you'll return the favor? you're going to start a false economy that'll collapse as well?

[dieper2dieper]

yea, i think i just may do that. rofl.

[WolYou]

There is nothing "natural" about the market. This is ridiculous. What we're facing now is a market running crazy because there has been LACK of control, not the opposite.

[ExquisiteDoom]

You have no idea what you're talking about. People should do the exact opposite of what you advocate here.

[WolYou]

USA is a consumer society. Without consumption there is nothing people can do. I'm hoping that at least a few start over with some farms, producing something useful.

[ExquisiteDoom]

Sure, go ahead and pray for your voodoo God the federal reserve, we , the non-deluded americans will continue to fight against it.

[GMBCATASTROPHE]

No thats nonsense. They can produce, they can import, and they can invest.

[andrewanguslive]

watch video: Al Gore is Adolph Hitler...

This video is banned in some countries.

In my channel.

[yahoovisitor]

USA is taking the line of creating political, financial, social, & religious stunts that play a vital role in moving forward for its global destruction policies to carry out. US govt has slaved its own nation. Born free taxed to death. $ will not be the global currency any more as declared in G-20 meeting. Internationally global policies of politics & trade are quickly changing. If USA wants to keep standing where it was it will have to leave the war track & not violate global peace any more.

[RPftw]

Wow, as i read through this it just looks to me like a bunch of slaves arguing over which tool their owners will let them use in the field tomorrow.

The fact is that MONEY itself is the devil in disguise. We are not at war with flesh and blood, but against principalities (government) and powers (corporations), who create this falsehood of money, and they enslave you to produce for them and then consume your own product USING FIAT CREDIT! You already own what you need. STOP BEING SLAVES!

[GMBCATASTROPHE]

Fiat money is no good. Compulsion cash is no good. And ponzi-money pyramided upon fiat or commodity money is no good either.

But you won't get very far with the false notion that money itself is the root of all evil. Because its a basic fact of life that money is at the root of all that is good.

I agree mostly where you are coming from, but you might want to clear up what may be simply a matter of the choice of words you are using. We do want to disaggregate where the source of the problem is

[djguy100]

Finally someone who has an open pair of eyes ;-0

[CorporateRule]

@RPftw

STOP SPEWING such anti-corporate nonsense.

[StSimonMartyr]

Israel has cost the United States about $1.6 trillion

By David R. Francis, Christian Science Monitor

12/9/2002

This is an estimate by Thomas Stauffer, consulting economist in Washington For decades, his analyses of the Middle East scene have made him a thorn in the side of the Israel lobby.

Stauffer has tallied the total cost to the US of its backing of Israel in its drawn-out, violent dispute with the Palestinians. So far the bill adds up to more than 2x the cost of the Vietnam War'

[qpae123]

@RPftw greed is what make slaves...and if ur stupid ur destiny is to be a slave.

[GMBCATASTROPHE]

The last thing you want to do to get out of a recession is to increase consumption. Try learning economics. You MAY want to increase spending overall. But you NEVER want to increase consumption or reduce savings.

[GMBCATASTROPHE]

... as they can. Try and get other layers of government to cut THEIR spending to, and try and ask ordinary people to save as much as possible and attempt to bring prices, salaries, wages and dividends down.

[nonameposter]

Cut spendings...dont be so american...the state has to tax the rich who dont spend/need their billions of money and organise free education, health care and cheap housing like in the 70s or give the money directly to the workers. That would increase consumption, not some neoliberal asshole policy that only serves the interests of the capital...

[nonameposter]

Fucking american media! These market-liberals are just ridicolous. The state has to act; if it does not do, we will have 1929 again.

[GMBCATASTROPHE]

The state doesn't have to act in stupid ways. There are only two legitimate ways to affect spending. Thats increase the reserve asset ratio if you want to reduce spending and retire debt with new cash creation if you want to increase spending.

All other reactions by the state to control spending are ineffectual, parasitical, unethical and idiotic.

The other thing the state can do is sack taxeaters by the bushel, close down hundreds of government departments, cut their spending as much as..

[enlightenthemass]

Abolish the Federal Reserve!

[derfilmmacher]

What do we replace it with a lobbyist controlled Congress? We just had 8 years of corporations writing legislation to benefit themselves at taxpayer expense and you want to let them control the money supply?

[WolYou]

derfilmmacher: Thats the plan. It has always been the plan. Money is not for us. Its for the bankers. We're getting deluded by the alleged "opportunity" to get money. But in reality, only 1% of the people owns 80% of the worlds wealth. To change this, we first have to get rid of the money and interest system. There is no other way. This money epoch has ended anyway.

[MistaJussu]

PEOPLE, YOU NEED TO UNDERSTAND THAT THE CENTRAL BANKS ARE WHAT IS KILLING YOU.

Inflation is just a BRUTAL TAX on the people and the Founding Fathers knew this, and this was one of the main reasons for the revolution.

BANKS are what owns America, not the president or w/e. Obama is just a puppet for the real rulers of this thing. Wake the fuck up, America, the whole world is depending on you!!!

[TabithaTK7]

i agree with u, the bankers own america. rockefellers! every one needs to wake up. but they wont see. there is a goverment inside a goverment that people dont even know of but they are there.. they are the ones that truley rule america...they are evil and they will take control, new world order.

[nonameposter]

stupid idiots think that inflation only is the result of the FED printing money...no wonder your economy fucked up

rockefellers.blablabla..what a stupid excuse for your free market policy/sick ideology!

[ZandiDolly]

@MistaJussu

yeah or China gonna get us or Russia 0_O

[CZARVII]

When you have nothing and you loose nothing Its not a big deal.

When you have a lot and you loose a lot its when people will kill themselves.

Or the ones that have something will start getting kill by the ones that have nothing.

However you wanna look at it.

[GeoliphicMedia]

0:29 well said ... and by an Investment Broker ... but sadly the wake-up call has to be financial in nature for people to listen ... environmentalists, native peoples, anarchists and others across the spectrum have seen this coming since before the industrial revolution ... will we try to prop up the flawed system or simplify our production and consumption habits to reach a more sustainable 'way of life'? I support the latter

[RationalPrejudice]

The problem is not "just beginning". The debt ridden culture of America, especially in the government, has been eroding the strength of this country's government for decades. If credit cannot be used responsibly, it should NOT be used at all. The loose lending practices of the banks and other lending institutions SHOULD culminate in their business being insolvent. Why would you throw money at someone who only knows how to spend it frivolously? Why are we bailing out idiots?

[sMC193]

schiff, celente, beck, these people know what they're talking about.

[ruppstomp]

Beck? From Fox News? Surely, you jest.

If not, you're sadly mistaken.

Just go back to American Idol, sir. That seems your intellectual watermark.

[sMC193]

No, Beck the rock band. Of course I'm talking about Glenn Beck you moron. My opinions on him have changed somewhat, but he still has an idea of where this country is headed, his mormons views aside.

Just go back to the channel with all the unicorns prancing around and Obama telling you everything will be OK.

[SumnerClaridge]

I don't think it's going to be an inflationary depression, it's going to be a depression. The Fed will shave to cut dollars in circulation, raise interest rates to restrict credit, and retailers will have to cut prices to meet demand. This will reduce salaries, they will have to reduce the minimum wage, increase taxes on the rich, eliminate taxes on the poor, and create massive cap and swap programs on the corporations, probably windfall taxes also, to suck out equity out of the marketplace.

[roargathor]

Funny money fails. Nothing you said is relevant to this situation, Not once during your incoherent rambling did you address the actual problems we face as a nation. What you said was false and we are all dummer having heard it. I award you no points, and may god have mercy on your soul.

[samoanseb8]

If there is any attempt to cheat, especially with my wife, who is a dirty, dirty tramp...im just going to snap...

[GMBCATASTROPHE]

You tell me how it is even possible to AVOID an inflationary depression.

That ship has flown. If you had let everyone go bankrupt then a great deal of your national debt would have been forgiven under perfectly fair bankruptcy laws. Now what you going to do? These Washington taxeaters aren't going to quit their jobs until the Fed bonds are no longer acceptable. Hence something must give.

[roargathor]

There will be much death.

[wsmith1213]

this guy is right and smart. unfortunatly what he isn't telling you is that there are two things you should be buying lots of right now, precious metals and assault weapons ;-)

[derfilmmacher]

The stimulus is a depressant, up is down, What a goof ball.

Schiff you can have terrible or disastrous.

Hey if we have hyperinflation won't we be able to pay off all our debt with worthless dollars? If debt is the problem as Schiff claims than why is he worried about high even hyperinflation which would let us pay off all our debt with worthless money?

[dmurphy720]

You will spend all your worthless paper money on buying milk and diapers for yourself.

[GMBCATASTROPHE]

In my case I may be better off if that inflation is repeated where I am. Yes a lot of people may gain by hyperinflation. Which is one reason why this hyperinflation is inevitable.

[subprimeminister]

gmbcatastrophe, if you believe that "...a lot of people may gain by hyperinflation" then I suggest you research what life is like in Zimbabwe right now (80% unemployment, mass starvation), or Argentina in 2001, or Germany in 1923.

The ONLY people who benefit are the elite in other countries who get to plunder and steal the real assets of the inflating country.

I am guessing that you are not one of the American or British Elite class. Therefore friend, trust me, you won't be better off...

[GMBCATASTROPHE]

You may have read only one of my posts. I think this is going to be a horrible disaster. But a reasonable minority stands to gain.

[GMBCATASTROPHE]

What nonsense are you talking? There is no such thing as fiscal stimulus. Its an idiotic myth. But there is no doubt there will be hyperinflation since when Japan and China stop buying your debt its not as if all your taxeaters will quit their jobs to cut costs.

[nonameposter]

brainwashed american. without roosvelt the US would have been completly fucked up

[GMBCATASTROPHE]

Roosevelt was a dreadful failure which is why there was a GREAT DEPRESSION. If his policies weren't a total failure there would have been no GREAT DEPRESSION. Simple as that.

[nonameposter]

crazy brainwahsed americans....yiou will destroy our planet..;)

[derfilmmacher]

Roosevelt was elected in 1932, three years into the Great Depression. If you go to BLS and look at number of employed you can see his policies worked.

[GMBCATASTROPHE]

Now you are just being silly. Roosevelt got a boost from the end of prohibition which reduced property taxes all over the country. But that aside his policies were disastrous. Which is why we call this period the Great depression.

[derfilmmacher]

I guess the equation was too hard for you. I am not saying stimulus is without risk, just that the alternative: massive credit contraction would have been worse.

[GMBCATASTROPHE]

No no no no no (said five ways). Focus. The fact is that fiscal action CANNOT stimulate spending. Not that stimulating spending was not the right thing to do.

The idea is to BOUNCE AND FLATTEN.

We don't compile the figures sadly. But the idea would be to find out what the peak level of gross domestic REVENUE (ie not GDP) was prior to the downturn.

Then the idea is to bounce quickly to that level, and then flatten out at that level while the necessary if harsh adjustments are being made.

[GMBCATASTROPHE]

Its not a massive credit contraction that is the worry. Its the massive SPENDING contraction that comes with the credit contraction.

While it is the case that fiscal policy cannot increase spending. It is ALSO the case that fiscal policy cannot stop a credit implosion.

Always the correct policy is fiscal retrenchment matched with fast monetary ACTION........ but that action subject to nuanced judgement. Since not all situations are to be treated the same from the monetary standpoint.

[derfilmmacher]

This is an idiotic statement: "there is no such thing as fiscal stimulus." Of course spending provides a stimulus. MV=PY according to Friedman. Therefore if M (money supply falls) and Govt borrows to raise M, P (price ) price levels remain stable). That's called fiscal stimulus.

There is a risk of inflation, but you're overstating it.

[GMBCATASTROPHE]

But GDP isn't the entirety of spending. Friedman agrees with me by the way. But for other reasons.

The real spending isn't GDP. The real spending is the income statement of every last business added together. Its all their revenues. Its total gross revenues. Also known as Gross Domestic Revenue.

What happens is that fiscal "stimulus" takes money from business-to-business spending and shovels it into consumer spending and government spending.

[Moosaroo]

I sit back and laugh at everyone who thinks Obama is some kind of messiah that'll lead the U>S> out of the desert. Schiff is right. This is only the beginning

[midlantic1]

Schiff has been right for a couple years now. What he says makes perfect sense and is completly logical. It's basic economics 101.

[krazzylad]

LOL Funny all you retards think God has somehing to do with this. A lot of the world already lives in poverty, God is not doing much for them. Just cause we will be hurting you think Gods gonna come rush to our aid. How arrogant!

[SumnerClaridge]

There is no god, only an illiterate believes in that mythology and hyperbole. Gullibility is a better word. You can have a PhD in mathematics and still be gullible enough to have your brain shut off enough to believe in a 'god' . Personally, I'm a screaming atheist and feel that all critical thinkers need to seriously start speaking out against all religion. I don't care if they call it a hate crime, we absolutely must get rid of religion if we are going to survive as a a species much longer

[GMBCATASTROPHE]

Why would God have something to do with this disaster. Its Keynes and all you leftist idiots that are to blame.

[curiousEGM]

The emperor has clothes made in China and fake leather shoes. The world is in freefall! Begin to look for the help of your creator now, it is time for that! It will be less painful than losing all your money in the stock markets.

[realkingkado]

I see alot of people saying god is going to save them and get them out off this mess that the banks have been told to cause, if god was going to help then why help greedy people with food in there stomachs cars on there drives water on tap. God would help the poor hungry and naked why help the greedy western civilization who only know war and how to consume........

[Aiken5941]

This is the truth. Why can't Obama put someone who knows economics in charge. Instead we are stuck with a guy who doesn't understand TurboTax.

[Melville10]

LOL

[GMBCATASTROPHE]

He's a marxist usurper is why.

[MirkoMMA]

Invest in comic books!

[sMC193]

why?

[seppukuhierarchy]

controllllllllllllllllllllllll­llllllllllllllllllllllllllllll­lll lol

[dimpills]

oh goodness. this guy is totaly right. God be with us all. Believe in God and Jesus Christ. He will come quickly. Be ready and look up. For the time is here.

[curiousEGM]

Amen. It really does feel like the end of times. Schiff is saying this February 10, 2009. Now its March and itis looking real bad in these financial fronts. When the repercussions of bad financials begin to filter into consumer prices, it will be the final note. The prospect of accelerating prices is beginning. It can be felt when you buy stuff, money seems worthless compared to say, a few yearsa ago when everybody was in love with the economy. Sigh! READ LUKE Chapter 21 verses 25 and 26 now!

[GMBCATASTROPHE]

Its not a religious matter. Its a case of leftist idiocy leading to an inevitable disaster.

[desongliu]

what Peter Schiff said is so true!