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When the dollar collapses gold/silver etc will be the only thing you will be able to buy goods with. Bartering will rule. What do you have to trade that I want?.. food? Got plenty of that stored up. water?.. that too. hmm.. food and water is pretty cheap at this time, but not forever. what will you need when the dollar goes down?
zeezrom 2 years ago
This has been flagged as spam show
Peter Schiff is the MAN!
Check out me and my brother's new show!!! Thanks! /watch?v=69k5XAoXQoA
BlueTunisia 2 years ago
This is precisely why I suggest purchasing physical silver or gold, not paper!
Do it now and hold on to it!
It will give you significant purchasing power once the dollar fails!
jonathanstile 3 years ago
Noone wants to hear the truth because it hurts!
Peter has his s..t together!
The dollar will collapse and precious metals will be the only thing to save our butts!
This country has not even started to see the effects of the credit crises that is about to hit us head on! I'm talking about the credit card crises!
Buy as much physical gold and silver that you can!
jonathanstile 3 years ago
Buy yes, but people are screwed either way. The speculators will destroy a great portion of the investment that the late comers make, so most people will be wipped out of lots of money. Secondly, what are you going to spend it on if the crisis unfolds and you're still in the US? The second half of that will be spent trying to flee the country. You'd better have 4 gas tanks if you want to drive to canada, because gas wont be available. Only real solution is to leave the country now.
vidfreak56 3 years ago
The man's right. French and norwegan bankers. Pfuey.
MANofINACTION 3 years ago
Peter Schiff has been telling the truth since 2002 but no one listens. How sad.
bensontam 3 years ago 3
All of this being said, I mainly want to have sex with Erin Burnett...
strykersux 3 years ago 2
Money CANNOT be created out of thin air, paper is not wealth. The whole monetary system which is based on fiat currency is the biggest SCAM perpetuated on the people.
Carlitos1010 3 years ago 9
TRUE that
adventureahead 3 years ago 2
Indeed.
We were much better off as a nation when we had the gold standard.
TechnoDanDotCom 3 years ago 2
This comment has received too many negative votes show
Does Peter Schiff sound
like a FAGGOT today (OCT/28/08)
on BLOOMBERG?
2009Dolph 3 years ago