Peter Schiff: 'No Ceiling for Gold-Prices' [RT]
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Uploaded by KnewWorldNoing on Aug 20, 2011
http://www.SchiffRadio.com
'Gold is money, everything else is just a substitute'
Peter Schiff says gold is more than just another precious metal. According to the president of Euro Pacific Capital, gold is a thermometer for the economy. And with gold prices at a high of $1851 an ounce, the economy isn't getting any healthier.
"Gold going up every day is saying that the economy is sick. It's really, really sick," Schiff told RT. Yet, he added, world leaders are ignoring the surge in gold prices as if the increase wasn't telling them something.
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@lanastus123 oops, that was a typo, I meant next year.
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@glazierEd LoL, back up to $1882 and climbing....
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@KnewWorldNoing yea, your right, buy now.
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@KnewWorldNoing Fiats a fine car company, thanks for the tip.
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Gold is $1742.1603 wait until next week, My prediction will be under $1500.00
glazierEd 6 months ago
@glazierEd Right! Next thing you're going to sell me a bridge? Golden Gate, perhaps?
KnewWorldNoing 6 months ago
gold dropped today.
glazierEd 6 months ago
@glazierEd Great, sell your gold, dude. Buy $! You'll be just fine!
KnewWorldNoing 6 months ago
@KnewWorldNoing Buy $?
glazierEd 6 months ago
@glazierEd Read: paper fiat currency
KnewWorldNoing 6 months ago