Peter Schiff Gets Censored by the Government

For the latest Peter Schiff, go to http://PeterSchiffBlog.com -

The book mentioned in the video: How an Economy Grows and Why it Crashes http://www.amazon.com/gp/product/047052670X?ie=UTF8&tag=thetimrea-20&...

Gold is becoming more and more a popular investment. As it becomes so, more businesses are springing up that offer to sell gold coins and bullion to people. In many instances, these customers are rather clueless when it comes to the fair price at which to buy gold. Sometimes these gold coins are marked up to 74% above spot value. Some people are questioning the fact that some television personalities regularly talk about gold and who sometimes take a commission on gold coin sales. One good alternative to purchasing physical gold is to purchase an ETF like the GLD.

Peter Schiff has been a stock broker for about ten years, and he has been buying gold for his clients since it was below $300 per ounce. No matter where you purchase gold, simply purchase it as you would any other product. Look around for the best price. Back in the 1930's, it was popular for businessman to enter into contracts with a Gold Clause. This allowed them to settle their debts with gold when there was uncertainty about paper dollar inflation.

At Goldline, they are engaged in the bait-and-switch strategy. People call up Goldline after watching a show like Glenn Beck. Then when they get on the line, they are pitched with high-pressure sales practices to get them to upgrade to a more expensive product. The most popular selling coin has a 74% markup. This is because this is the coin that they push most often because of the high sales commission. A company like this is coasting along on the good name of companies like Glenn Beck.

It's important to buy gold at a price that makes sense. If the price of gold has to double in order for you to break even, then that is a terrible investment.

Category:

News & Politics

Tags:

• Peter Schiff
• Treasuries
• Government Bankrupt
• Financial Collapse
• Economic Collapse
• Financial Crisis
• Economic Crisis
• Gold
• Silver
• Dollar
• Federal Reserve
• ron paul
• john stossel
• judge napolitano
• inflation
• hyperinflation
• interest rates
• capitalism
• free markets
• tom woods
• nullification
• austrian economics
• glenn beck
• goldline

[PilotDave85]

Weiner: "It could raise ethical questions." Ironic...



[deshaebeasley]

she seemed a little too prepared to me and and her stats popped up super fast...

[not8upwthit]

Beck is a douche for representing these thieves ! Go cry for someone you hypocrite sissy shill

[not8upwthit]

Now Weiner is preaching Ethics ? Interesting

[DontGiveMeThatSh1t]

@PilotDave85

Since when it it allowed to advertise here?

[PilotDave85]

doubya doubya doubay dot MIDASRESOURCES det com <--- Get your gold there... Do your research before you buy, ALWAYS.

[sga86]

Who owns NBC and how does that company tie to the gov't? AhhhHA!!

[999PreciousMetals999]

council on foreign relations,damn...this video has every rat in the industry,and nwo scum to point us to ETF's or downplay gold...well,look where gold is now? MF Global and other hugely "trusted" entities busting left and right...how soon till ETF securities,Spdr GLD SLV etf "Trustee's" go belly up and you find out "Oops,theres actually no gold or silver,or any assets backing up those etf securities...oops,sorry.." .Poor chumps that buy into this cnbc crud.