Silver Crash with Peter Schiff, CEO of Euro Pacific Precious Metals & Author

Adam talks to investment guru Peter Schiff to explain the twists and turns of silver last week and how the institutional gold rush we're seeing now will play out and how gold is at fault for the bombing of Libya.

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News & Politics

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[MirageScience]

They can call it a bubble all they want, I will still be calling it another great buying opportunity.

[mjuslen]

An "Austrian" educates a fellow libertarian. If you understand what that means then you understand why its foolish for any libertarian to use the term "bubble" when talking about gold and silver prices in the present. The only bubble that is going to burst is going to be the debt bubble and anyone not smart enough to own physical gold or silver will see their savings evaporate.

[MONOPOLY35]

@UponInfinity Concerning bubbles, we can be sure of that!

[MONOPOLY35]

@verhaegenconstruct If silver was in a bubble, why are Americans so fearful of it? Why aren't the mainstream media supporting silver? When real estate was in a bubble in 2005, CNN rolled their eyes about a real estate bubble. How can we trust them now when they are saying gold is in a bubble?

[verhaegenconstruct]

SILVER push the gold price and may not be known. The second largest decline in industrial product is silver. Silver price is a LIE by paper. and there are silver shortages and enough gold. .... blah blah blah ect ect ect Silver is not a bubble?

[judithnarz]

Nonsense

[JPMorganSuckBalls]

@MirageScience :)

[drchen054]

@preparadox will do thx!

[preparadox]

@chade1983 fundamentals are not an issue in the midst of mass manipulation of commodities, especially metals...just hang on to it and buy more when you can.

[preparadox]

@drchen054 no, he's saying that the crash at that time from almost 50 down to low 30s is nothing to worry about. a lot of manipulation going on, just get physical metal, and bury it in your yard :). it will pay off in the long run

[boscoesarmy]

In the long term you won't lose on silver. If the economy crashes silver explodes. When the economy recovers Industrial demand will increase. As oil price increases demand for solar panels increases. As oil prices increase silver acts as a hedge against inflation. This is the century for silver.

[ThePjcull]

I bought silver again when it dropped.Started buying in september, hoping to buy 1000 oz in next 2 years.Hoping im not wasting my money.