10/24/2008 -Peter Schiff On CNN Newsroom

Visit http://www.PhilDeCarolis.com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor/Realtor. Let me help you protect and grow your wealth NOW before it is too late. Contact me right away for a referral to my own personal broker with Euro Pacific Capital that can advise you on the purchase of precious metals (Gold, Silver, etc..), Commodities And/Or Foreign Dividend paying stocks to hedge against rising prices and your loss of hard earned wealth. Join me in preserving your savings so that we can utilize our retained purchasing power to purchase Discounted/Cash Flowing California Real Estate Assets at the bottom of this downturn for pennies on the dollar that will rise in value dramatically during Californias' next cyclical inflationary real estate bull market.

Category:

News & Politics

Tags:

• peter
• schiff
• ron
• paul
• marc
• faber
• Inflation
• CNN
• Newsroom
• David
• Tice
• Jim
• Rogers
• Ron
• Paul
• Marc
• Faber

[gladiadorextremo]

ill vote for peters 6 year old before i vote for mccain or obama

[BlueEagle8]

Actually, Americans have overextended themselves. Just look at credit card debt. It's at 1 Trillion.

I was just in a mountain town and and many of my friend's neighbors took out HELOC to buy boats, ATVs, dirt bikes, snowmachines, etc. Stuff they did not need. They are drowning in a pile of debt.

[sagittariusBG]

If Marks and Engels were alive they would be happy to see what 's going on with the capitalizm right now.Please, people, don't buy! That's the truth......The hyperinflation is behind the corner. God help us!God Bless America! Poor Obama! He can't do anything, just cosmetics.....................­..don't trust him....

[pretorious700]

"former president of Harvard University"

This is the kind of bullshit that impresses idiots like her.

[caltrop69]

This is one of the few Peter Schiff debates, where I think both parties may be right. The other guy...Whatever his name is...Is correct about investors being nervous about risk-taking. That IS what will jump-start our economy. Of course, If they're all in debt, and the value of the dollar has been destroyed, they have no money to jump-start the economy WITH...Which is Peter's point. It still boils down to the FED.

[JurkoffJay]

I hope the economy crashes. The hell with this system that exploits the planet and every living thing in it.

Lets get free!

[stalcottsmith]

Peter Schiff is right. Produce and Save. What person thinks this is not good advice personally? Who thinks we would be worse off if we all did it? And what gives anyone the right to just "consume"? Consumerism is what will kill our faux-capitalism -- everyone wants something for nothing.

[MLeFou]

This is the weirdest video I've seen in awhile.

Oooh, look!! celebrity economicy people! Warren Buffet! Carly Fiorina! Peter Schiff, don't you agree that those people are really neato?!! Can we all agree that these famous, smart-looking people will definitely save us?

[Hiki321]

Man I loved that line :D

[EmilyGreene1984]

Ignoring your intended insult, I was born in the US. I thought you were being serious about Peter Schiff, my apologies. It is very hard to tell if someone is being serious or merely being sarcastic over the Internet. In fact, I do admire Peter Schiff and greatly respect him. I do sincerely apologize if I didn't make myself more clear in my last comment. And lastly, you don't need to insult anyone to get your point across.