12/7/2009 Part 1/2 Peter Schiff On FOX Business: Has The Bubble Burst On Gold?

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[Synergistik]

These news people are have chronic amnesia. They probably can't remember what they had for break fast two days ago. I mean come on. Gold bubble? Gold going down? Sure perhaps a 20-40 dollars, from it's preview $200 jump! They are so desperate to push a particular economic agenda, it's mind boggling.

[nvsyru]

It seems that there is an effort to redefine the word, "Economy." One needs only to at Wikipedia for the old definition as follows:

"It is the realized economic system of a country or other area. It includes the PRODUCTION, EXCHANGE, DISTRIBUTION, and CONSUMPTION of goods and services of that area."

The economy is improving? Not in my town! Not according to the above definition! Anyone else seeing the economy in there area getting worse, not better?

[BurnOutXL]

CNBC aka GE-Obama hpnodroid. Is gold a bubble, what about rates, is there real inflation? When China start un-pegs it's currency from USD & starts creating internal consumption to make up for our reduction, the USD could slowly implode. Didn't Obama say he wants to make us a great exporter? Well since he's a bought+paid-for union thug that wants to artificially produce a middle class using private sector $, that must mean the dollar's value has to drop. Salaries up nominally with no buying power

[Rzaforshiza]

anyone watching, see how cnbc tries to exaggerate? gold down 10.30 wow.. how terrible. Get the fuck out of here CNBC

[guidobambino]

@SeexyyAmbeer ill pound your precious little ass and then take a dump on your face?

[herbs814]

gold up 9 of the past 13 months!

silver up 9 of the past 13 months.

of the two, I'd be more bullish on gold (for the next few months' time).

[Voy2378]

4:50

LOL

[creekesl]

All tyhese suckers give their money away to a stranger with a pipedream that they will make them a profit wake the hell up do research invest youre own money Damn pathetic!

[SeexyyAmbeer]

looking for a man that would give me some experience.

[Seano71]

yeh, think about it. The jobs news will be as good as november or better in december and in january those jobs will be lost. That'll be announced in early february, around the 7th. Then we'll see some more panic buying.