Your kidding yourself if you think a lump of gold makes a better investment than an incoming producing infrastructure asset. Warren buffett doesn't buy gold because it produces nothing and costs money to store.
Warren Buffett always wants to get rid of cash, He just won't do it willy nilly, he wants to deploy it into assets that will generate strong income over time.
@82snowball Warren Buffet also poopoo-ed Peter Schiff back in 2006 when Schiff warned that a housing mortgage crisis of epic proportion was looming around the corner.
However if China buys gold soon and dumps dollars, my god, that will be a powerful nation with a still legit GDP. However don't think that the US doesn't want people to dump its dollar. They most certainly do. A collapse in the dollar would cause massive chaos throughout many markets. Chaos is the key to bring about a solution.
Peter we have to look at this India buying as a siding with the U.S. vision. Many thought we would see China buying early in massive amounts instead we see them investing billions in clean energy. For this is a prime example of them not siding with the IMF and what it stands for. However when we see the New World Order movement capitalize we will see clean energy just as good as an investment as gold. Personally I think you'll see Brazil buy the rest of the IMF's gold.
Schiff is NEVER wrong.. One of the best economists in the world..
SuperGuitarman69 4 months ago 2
This has been flagged as spam show
RON PAUL'BIRTHDAY' MONEYBOMB IS ON SATURDAY, AUG 20, PLEASE SPREAD THE WORD AND HELP DONATE TO THE CAMPAIGN ON - AUG 20, 2011
theleemeister 5 months ago
Hey drunkenpolesmoker,
Yer mom is a pig! She just lost her bowels on my rug! You owe me $1400.00!
beabro 1 year ago
Glenn Beck for President!
Impeach the chimp Obunghole!
beabro 1 year ago
@beabro glenn beck? youre a fucking idiot. Schiff or Paul? YESSS...but Glenn Beck? please dont ever vote. Retard
drunkenboxer1985 1 year ago
Your kidding yourself if you think a lump of gold makes a better investment than an incoming producing infrastructure asset. Warren buffett doesn't buy gold because it produces nothing and costs money to store.
Warren Buffett always wants to get rid of cash, He just won't do it willy nilly, he wants to deploy it into assets that will generate strong income over time.
82snowball 1 year ago
@82snowball Warren Buffet also poopoo-ed Peter Schiff back in 2006 when Schiff warned that a housing mortgage crisis of epic proportion was looming around the corner.
casey0272 11 months ago
clean energy is not worth shit, western countries are propping up the green bubble
prass7 2 years ago
How does Peter Schiff advocate that we should invest in Gold? Should we buy gold bullion bars, invest in gold stocks etc.
theguvnorjimmy 2 years ago
However if China buys gold soon and dumps dollars, my god, that will be a powerful nation with a still legit GDP. However don't think that the US doesn't want people to dump its dollar. They most certainly do. A collapse in the dollar would cause massive chaos throughout many markets. Chaos is the key to bring about a solution.
NiggaNWA1 2 years ago
You've been reading to much of Naomi Klein.
Scoforever 2 years ago 3
Haha no I like globalism.
NiggaNWA1 2 years ago
@NiggaNWA1 A solution to better control its people, as many of the ACTS and BILLS passed in the last decade. The latest, SOPA.
audiopro316 19 hours ago
Peter we have to look at this India buying as a siding with the U.S. vision. Many thought we would see China buying early in massive amounts instead we see them investing billions in clean energy. For this is a prime example of them not siding with the IMF and what it stands for. However when we see the New World Order movement capitalize we will see clean energy just as good as an investment as gold. Personally I think you'll see Brazil buy the rest of the IMF's gold.
NiggaNWA1 2 years ago