1/2/2008- Ron Paul Supporter Peter Schiff On FOX

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Category:

News & Politics

Tags:

• peter
• schiff
• cavuto
• housing
• bubble.
• mortgage
• meltdown
• credit
• crunch
• inflation
• gold
• ron
• paul

[InTheSticks1881]

Schiff is a hero. He has the facts behind him. The truth is painful and most will bury their heads and shun it. It's typical human nature, yet because of his principles, Schiff is compelled to tell the ugly truth, and take the criticism.

[ldewitt]

American dollars aren't worth anything because the Federal Reserve, which isn't federal whatsoever...actually privately owned, keeps printing it out...they base the oil on the Euros because they still have worth.

[Sepero1]

You asshole! You're right. Damn, Americans are dumbasses.

Oh well, I'm gonna make a lotta money on gold. :-D

[Sepero1]

Search Youtube for "liberty dollar"

[jeremy837]

As far as I can tell, true capitalism is not averse to competition in currencies, as well. Why not introduce another currency, one more resistant to inflation?

[jonyrotton]

after the americans pick the wrong person to be president(you know there going to, hell look at bush hahahaa)it will then sink into americans RON PAUL was right all along,but then it will be to late ,,thank gawd i don't live in america good luck to you..

[spudea]

lol demand for oil going down??? Americans will give up their double whoppers before giving up gas to transport their fat asses.

[gladiator1010]

I have studied monetary policy for the last six years and all I gotta say is WAKE UP PEOPLE! HOW MANY RED FLAGS DO YOU FREAKIN NEED!

[fuzzywzhe]

> It depends what weight you want to carry, some

> shops do not take gold bars. Have you ever

> tried to pay your supermarket bills with a

> gold bar?

Find out what Gresham's Law is.

Why pay for something with good money, when you can purchase it with bad money?

When I need to buy something, I use cash. If I run out of the toilet paper, I'll trade gold or silver to get more of it.

[atheistnarnia]

"no, were gonna sink into an abyss"

lol

[fuzzywzhe]

> If the economy collapses, the gubmint will

> make it illegal to own gold (again).

I doubt it. The only reason they could pull it in 1933 is because most people trusted the government for the solution to collapse.

This time around, everybody will be blaming the government for the collapse.

And besides, there's just not that much gold owned by Americans.

[julebuggy]

If the economy collapses, the gubmint will make it illegal to own gold (again).

You, my friend, will have to go black market and be prepared for the FBI to sweep your lawn with metal detectors when your neighbor rats you out for a loaf of bread.