$5000.00 Gold By 2012 - Dollar Never Recovers - Game Over

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Uploaded by on Apr 1, 2010

Peter Schiff is a successful businessman, bestselling author, and economic expert widely credited with foretelling the US economic crisis years before it occurred.

In 2006, Peter sounded the alarm that the US economy was facing significant challenges as the credit and housing bubbles neared deflation. His numerous appearances on national television predicting the recession were met with skepticism by established insiders, but Peter continued to warn of the coming economic collapse.

Peter maintains that government intervention through regulation, stimulus programs, and corporate bailouts can only worsen our economic crisis. Peter has been a vocal critic of the economic stimulus packages proposed by both President Obama and President George W. Bush.

Schiff has authored a new book titled "Crash Proof 2.0" which explains what steps the average person can take to protect their finances and wealth in the face of the impending dollar crisis:
http://www.amazon.com/gp/product/047047453X?ie=UTF8&tag=gredeafroama-20&a...

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Top Comments

  • gold is reaching $2000/ounce in no time. Peter will be the legend AGAIN

  • @kcozgrove i know! this made me so angry, soon peter will have the last laugh.

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All Comments (18)

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  • $1900 in Sept 2011. $1570 in Dec 2011.

  • @warning2006 I disagree simply because of their attitudes towards true money and their complete ignorance concerning the economy. These anchors are products of the government controlled media system. They can't think for themselves, they are brainwashed into thinking the way they do and they are very cocky about it. It's pretty bad to be prideful of your own ignorance.

  • @areyouready22 They were classmates in high school, Peter and her. She was being informal and funny, not arrogant, in my view.

  • Why not show this video to these two dump speakers and ask them what they feel now? Save the tape.

  • @BShinkicker I wonder if the Talking Bobble Heads in the Media get tired of being wrong.

  • The US Dollar will only recover if the $17.4 trillion national debt is backed by real estate collateral, by claiming the Moon as a US territory and selling the 17.4 million square miles for $1 million per square mile (or $1562 per acre). AmericanMoon com

  • September 2011: Gold just hit $1900 an ounce. I wonder if Peter gets tired of being right.

  • "save the tape".....watch the tape anchors

  • think you should change the title he said gold could reach $5k by 2015...$2k by 2012

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