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peter schiff vlog 10 13 09

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Uploaded by on Oct 14, 2009

peter schiff

Category:

News & Politics

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Standard YouTube License

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  • Gold peaked at $850 in the 1980's. As long as home prices and wages continue to drop with mounting job losses, inflation will not return. We are in a deflationary environment, that is why the Fed has it's foot on the pedal. When bernanke says enough, then inflation will return. Don't fight the Fed.

  • Nice

  • gold went up to $2,000 in 80's and came

    down around $ 300 in year 2001. every-

    things inflate, but gold goes up is becuase the supply and demand. peter

    says to buy gold!? also peter say we need

    to save money. i can barely put food on the table. i am just wandering how much

    of gold an average american can affort to

    buy? and wil that few oz, of gold be enough to save me in super high inflation?????

  • Enjoy the weather. It's getting cold up here (upstate New York).

    There are times I wish global warming would speed up.

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