Thanks for the money bomb. On the job losses report and Ed Show

a special thanks goes out to the folks over at schiffathon.com and runPeterRUN.com

also check me out on http://www.facebook.com/schiffreport

Category:

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Tags:

• Peter
• Schiff
• money
• bomb
• economy
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• collapse
• crash
• gold
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• rogers
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• ron
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[exavior75]

You're a good man Schiff.

[pretorious700]

then you are not paying attention...get rid of the federal reserve, restore the gold standard, encourage savings, cut federal spending, let the market decide interest rates, and much much more.

[EruditelyWise]

Schiff states about the govenment drunking up wall street... and so the Govt should be held accountable.. Bullshit.. easy example/ analogy... You go to a party and get drunk.. you drive hit a person and kill them.. whose responsible the guy who threw the party or the guy who decided to drink unresponsible drive drunk and kill a person. the driver made his choice he had the opportunity to just have a little but then he got greedy and drank alot and then lied about being ok to drive himself!!!

[ESJAY5150]

What is a "money bomb?"

[yetibait01]

@OppPaul Buying gold will lock in your dollars current purchasing power. Right now an ounce of gold will give you around $1000,00 if the currency crashes it may give you $5,000.00.  So if the currency crashes and a loaf of bread costs $1000.00 the $5000.00 cash you had stashed in your mattress will only buy you five loaves of bread. Had you bought 5 oz. of gold at $1,000 each, you could've bought 25 loaves of bread. The money in your mattress is losing value as the Fed prints money.

[chuska8383]

@pretorious700

Your ignorance is appalling. Stop blindly accepting the absurdities the mainstream media on BOTH sides of the spectrum are spoon feeding you and the rest of the country. Look at the data yourself. Do your own, real, authentic analysis. Draw your own conclusions. Read economics books - Austrian economics books and classical economics. Feed your brain. Open your eyes. Look around. Really and truly analyze what is going on and objectively assess validity and accuracy.

[OppPaul]

I find everything you say so very

understandable and logical. If the

currency crashes will it really matter

if we own gold? I'm confused.

[rockstarofredondo]

Nothing is unattainable.

[biggpapa226]

It's not unattainable at all. Difficult yes, because of the work involved in educating the public on those issues, but not impossible. A change of that magnitude needs a large shift in the political discourse beyond the superficial right vs. left. The economic depression we face, has at least one positive in that people are asking why it's happening, and they are increasingly skeptical of the government's answers. People are starting to pay attention now.

[Luvanicebum]

This is only the beginning in changing ALL fiat currency systems. We first have to expose the fiat currency flaws. Remember, Gold WAS discipline.

Gold provided responsible accounting. You can't produce gold from paper and ink, so all of these mathematical, money multiplying derivatives are not possible. Leverage is dictated by gold in reserve.

There was a very important moral mechanism inherent in backing our currency by a valuable commodity. This idea is hundreds of years old.