Gold Prices Exploding US dollar collapsing Peter Schiff

Gold prices are hitting all time highs. Find out why the US dollar will soon collapse http://www.gold-coins.com.au/

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[News433]

Gold should hit $1300 by end of the year

[gdog066]

I am going to laugh my fucking ass off when that bitch loses her job when the dollar collapses, China re-establishes it's currency or people start buying things in the Global Market by NOT using the U.S. Dollar. I will show her a 10 ounce silver and tell her she is not going to get it.

You shouldn't have been laughing at the idea, huh? If it doesn't happen (unlikely) then I have a FAT retirement account sitting at home.

[anyname666]

2 years and 2 months & the dollar has not collapsed

oil is now $98 the Dow in the $11 thousands, gold lost $300 since Sept

Silver is $28 today & was $30, 12 months ago.

in fact Silver was $55 in 1980 now it is $28 & the best it has done in 32 years is $40

The dollar has gone up

if we go back to the gold standard~the price of gold will be fixed. (then what)

We currently have a better standard of living now than ever in history of the USA. More disposable income than ever. that's it End of story

[eurohim]

@Rata4You Thanks for pointing out how stable gold is.

[eurohim]

Better than going back to the gold standard, which is probably what would happen is to allow competing currencies so that natural money is allowed to take its rightful place. If there is an official gold standard, it should be kept separate from the dollar and should actually be called "GOLD" and denominated in weight.

[erentheca]

A few weeks ago I spoke to a gentleman in the metals industry that reported that young Chinese businessmen were coming in droves to the US, purchasing everything from platinum to copper as if we were running out. It's not just gold.

[erentheca]

@anthonymellado IQs haven't dropped, people have just made very conscious choices to ignore fact. If given a choice between a stable future and a new iphone, people will pick the new iphone. This is also an economy, that, on a small scale, forgives total financial mismanagement. Bankruptcy is the new get-out-of-jail-free card. When there's no penalty anymore for atrocious credit, it's easy to see why people constantly buy things they can't afford and intentionally foreclose on their homes.

[FreakwaveNL]

@Rata4You Gold doesnt inflate, money does.

[Rata4You]

Funny how the elite keep peddling GOLD despite the fact that it provides poor returns. The illusion is that it´s skyrocketing but consider this fact: Gold prices have only risen $150 since 1982! WHAT??? When adjusted to inflation, gold only went up $150 per ounce since 1982. Or only $5 per year. Inflation continues to rise and the US dollar is sinking making it an especially poor investment.

This is just another scam on the people.

Do your own research and decide for yourself.

[longlivetherepublic1]

the middle guy is ignorant and uneducated.