Schiff on Obama, Gold & Stocks

Peter Schiff weighs in on Obama, Gold and stocks plus an inside look at his senate run in Connecticut.

Category:

Howto & Style

Tags:

• CT
• politics
• money
• wall
• street
• recession

[enduro0276]

SCHIFF FOR SENATE!

[evilsqurrel420]

Nah, Schiff for President. We need leaders that know the financial dynamics of the public and private sector. Not to mention, balls. The ability to make decisions without caving in to pressure.

[bluetablepainting]

I like Pete Schiff. I'm a huge fan. However, it should be pointed out that when he says "place the national interest above their short-term political interest" that's easy for him to say. He runs a company that benefits from people investing overseas and in gold. Then again, what he says is true and I believe he's going in the right direction ie "the first one selling foreign stocks and buying American stocks." Go Pete Schiff! Our current round of "representatives" is pathetic.

[Excidium567]

It may be awhile before the US currency sees inflation... but I doubt it, It's lost 50% of it's value against my currency the kiwi dollar since the start of the year, 50%!!! If that's not a currency taking a nose dive I don't know what is.

Be safe people, put your money into gold and silver - I prefer silver due to it's fundamentals.

[njac1946]

Peter makes so much sense. How is it that our gov't is not listening to him now?

[joewilder]

I so agree with Peter. I can't fault any of his logic. From letting companies that make bad decisions fail to going toward catastrophic insurance policies. People would also take better care of themselves if they had to pay for their minor illnesses. But in my opinion, the jury is out on where the dollar will go because of the way everyone else floats there currencies. Also, with a crashing economy it may be awhile before we get inflation.