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3/4 Peter Schiff (Ron Paul advisor) on Alex Jones Show

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  • Under Section 8. Article I of the US constitution:

    The Congress shall have power

    "To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;"

    (and not just to mint coins, note the difference)

    This means the power of monetary policy: the emission of money and credit. Directly! Not through emission of "US bonds", but directly.

    Restore the constitution!

  • Will Obama follow FDR's way into another world war to fix the economy ?Obamanation as in abomination

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  • And he wants to sell you that precious gold for your "worthless" cash why then? He wants a gold standard and old common law or execution of the law where you pay in flesh if you don't happen to have cash. How would America pay for fanny Mae then?

  • I dunno about the gold and silver market going up. If I was an evil mastermind I would sell off all that gold I was hoarding and buy up land, possibly to control argiculture.

  • I wish Mr. Schiff would have been able to comlpete a sentence without getting interruted.

  • Wow ... 2 trillion dollars for bread,,, heck I owe like 50,000 on my house ,,, so I should be able to pay it off in like a couple of days when hyperinflation hits...lol

    Oh ya that's if I have a job, which I really don't want anyways, BUY FOOD .... the highly educated people with no common sense.. Are the ones who made this happen....common sense is more valuable than GOLD....If your educated throw away your degree....use your common sense....lol

  • the only thing i think schiff is wrong about is this not being planned.

  • every time i finish a carton of milk i fill it with water and toss it in the basement. just an idea people

  • I think Peter is very knowledgeable, but sometimes he is a little clueless about the bottom line.

  • in a full economic crash gold wont help a bit!!ppl should rather worry about storing food!!

  • Get a 14 Cu Ft freezer and stock it with frozen meats, fish, whatever and keep it in rotation. Get some guns and plenty of ammo.

    Keep something like 6 months food in the pantry. Don't use the cans with the pull ring flip lids. Get cans that you need a can opener to open. These cans hold up better.

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