Peter Schiff on Inflation: 'The CPI Is A Total Fraud' - CNBC 1/10/2013

Is gold heading for a big move higher? ECB action and Chinese data spur gold buying, with Euro Pacific Capital's Peter Schiff, CNBC's Mandy Drury and the Futures Now Traders.

January 10, 2013

My Channel: http://www.youtube.com/user/Eduardo89rp

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[NicosMind]

Thanks Eduardo for all of these vids :). So glad i found this channel :)

[Eduardo89rp]

thanks for the kind words!

[Rob B]

No inflation? Bullshiit - printing money is inflation

[dazza gazza]

Years back before the 2008 Crisis I heard economists who were positive on the US economy stating that there were no problems useless the Debt to GDP ratio went above 92%. Its now 105% and rising. Its makes you think if the US can really escape their debt problem.

If they can't escape their debt problem there is a likelihood that foreign banks will drop the trillions of US dollars they how and the whole US economy will implode. I hope not, as it will affect everyone in the world.

[Paul Gilbreath]

Between 1999 and 2012 the world stopped reading magazines and newspapers. Most people now get their news online for free. Obviously this needed to be adjusted...

I can just as easily cherry pick an example. Ten years ago I would have spent $3500 to buy a TV that I could buy for $350 today. Does that mean that we've had %1000 deflation? Of course not.

[tacitus7]

It is great to see Peter Schiff treated as a person worth talking to seriously, finally.

[Jy Byrd]

Um, 100k a year is middle class. I make that, and I buy my own gas and groceries. Those that make 100K don't have servants.

[mistisblu]

Guess these people dont do their own grocery and house items shopping. Nor buy gas. But then when you make 100,000 dollars a year you don't have to do your own shopping.

[NicosMind]

Meant to also say youre welcome. Thanks for all the great vids again :)

[NicosMind]

And i see ive been given 3 thumbs up :)