Peter Schiff on the Yuan : CNBC Fast Money Spotlight 21 june 2010

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  • @deadbutmoving exactly right. In addition signs of more confidence being lost in the US economy as China have already in a bilateral trade agreement with Russia abandoned the US dollar as a medium of exchange to thier own currencies. The Russian ruble now trades on the chinese interbank Market, which is a major threat to the dollar, where again pete is right, the dollar is likely lose a Lot of it's value with all the QE that the fed have done and planning to do

  • China Owns The American government. They will not allow the US Government to crash the US Economy until they have exchanged a significant holding of their dollars into gold, silver, and other precious commodities, which is what they are trying to do right now.

    Once this happens, The American government will use QE3 and QE4 to destroy what is left of the American Economy.

    END THE FED to save America!

  • These guys know perfectly well that pete is right -they are not stupid. they are trying to portray things to the public in a way that leads investors to invest in the things these guys are doubtlessly being paid to argue in favour of. Stock brokers don't get any comission from us when we buy physical silver, so do you really think they're going to tell people that conditions are right to buy physical silver -even if it is the right thing to do? I can guess where their money is right now.

  • USA bombed CHINESE embassy in Belgrade Serbia 1999 which is Chinese land in Serbia.

    I know Chinese remmember this.

  • @EMPIRE0FLIES yep

  • Havn't these CNBC minions learned yet Peter will own them? pipe down moron and let the Schiff speak.

  • those dumb asses are wrong every single time, and they act like they are always right>?

  • That Brain Kelly sucks.. he got everything wrong..

  • @ralliart2000

    haha, stupid peasant. you think you are writing a paper or something (not that you can even spell properly)? this is the internet - so are you asserting that internet short-hand, leet, acronyms, netspeak or chatspeak are wrong? fuckwit.

  • @TheRedCapitalist You can easily understand what I have to say from that, and you pick faults like typos instead of addressing the argUment put forward. Typical fucking Keynesian spacker. You want to pick petty faults but you can't even capitalise your sentences. Away back to your Fiat playset you stupid cunt.

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