Euro Pacific Capital Peter Schiff November 3 2008 CNBC - L
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@yukonjac GOLD HAS NO VALUE SHE SAID IT! haha Gold up 3700% in dollars, DOW is what up 700% or whatever since 1971, haha
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God Rest Your Soul Mark!
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Their ploys to get Peter to say what they thought their bosses wanted him to say is so obvious.
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bitch is f***** idiot..gold has no value?
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Wow! I love Erin, but she has it backwards. As of yesterday, May11th, 2010, Gold is fast approaching 1300 bucks on ounce and silver is almost 20 bucks an ounce. Gold has decoupled from the dollar and the dow will now lose value in gold ounces. Right now the dow is worth around 8.5 oz of gold and will drop to a 1:1 basis. I wish I would have listened to Peter sooner and I wonder who is laughing now, sadly. We are in huge trouble and if China backs their currency with silver w will be done 4 sure
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If you were to buy gold on this exact date when Peter Schiff recommends it here you would be up 32% as of August 7th 2009.
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He was right on about the 1-2 Trillion deficits that Obama is going to run. We are already at 1.2 for the year 09'.
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the cnbc guy is so dumb and the girl is even dumber. She said Gold has no inherit value? How did she get a job at cnbc business? Gold has value, and it always had value, it is accepted all over the world. You cant say that about a dollar.
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"some times it makes sense" lol
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what the hell is that chick talking about?! "gold has no value?"
yukonjac 3 years ago 4
Amazing video. Covers what is so wrong. How major parties have economics wrong. And how the voters are too stupid/short sided to see long term.
Also the ignorance of goods that have actual value.
The marginalization of truth tellers. And how the other voices are in a larger majority. And they they repeat them selves, so eventually the public will believe what they say.
whater39 3 years ago 2