Peter Schiff Tells the Saudis How to Crash the US Dollar to LOUD
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This won't work, there is something called Emergency Economic act of 1977, it was created during Carter administration. Any attack on USD can be stopped with one phone call from the president to the Fed and freeze the account. Doesn't matter chinese or saudis....
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@IKilled007 I don't, I need to get a couple acres, guns, seeds, silver, gold, solar panels, building materials, tools, a well stocked library and enough friends/family to defend it all first..... then, then I hope the Saudis do that.
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@0:41, that was the penalty in Rome for refusing Roman coin as payment for goods and services after the Romans had grossly debased their gold/silver with lead.
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Exactly correct - and any country in a similar situation should be doing right now.
All countries should be building gold and silver stocks - why stop there - stock up industrial metals - copper, nickel, platinum etc - China is doing it.
For individuals - currency trading never looked so easy - short the dollar against any commodity backed currency - Australian dollars and Swiss Francs hit the top of my lists.
Silver is probably the best investment right now, with gold a close second.
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i really am fearful for Peter... as days go by chances of someone "shutting" him up increases.. he needs some protection.
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1. Price it in euros or gold or yuan.
2. stop the peg.
3. sell the non-commodity investments.
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omg.... I'm afraid somebodies going to pop a cap in Schiff's ass if he doesn't stfu. lol
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The US will be destroyed by it's own government before anybody else...but let's hope it won't happen.
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Misleading title.
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I'm a Saudi, and Im wondering how would the Saudis destroy the US$ while considering these three facts:
1- Our main export (oil) is valued in $
2- Our currency is pegged to the $
3- Saudis (government and individuals) have very huge investments in the US markets and economy.
So for GOD sake just think without considering others as EVILS..
the title of this video is mis-leading . change it.
alpertdon 2 years ago 10
He is speaking the truth as always
DontTread0nMe1776 2 years ago 9