Alpha oculus News! Peter Schiff-Gold to $10,000, Gold IS money!! Gold and Silver market.

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
3,284
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Jul 11, 2011

More information at http://www.alphaoculus.com

Even though the dollar appears strong. When you compare the dollar to real money , it's falling like a rock. Peter predicts DOW and gold 1:1 Based on the current inflationary policies of the United States Peter Schiff had predicted a $5,000 dollar an ounce gold price sometime in the near future. Now that Europe has made it clear they will execute the same inflationary policies across the Euro Zone Peter now believes that $10,000 dollar/ounce gold price is not out of the question. As more people, governments, and institutions flee fiat currencies and seek the safety of precious metals, gold could very well see these unprecedented levels in it's price.The demand for gold is there because gold is a safe haven. With the debt of major currencies increasing and economies weakening of course you want a safe haven.

Visit my Fan Page on Facebook to:

http://www.facebook.com/pages/Jeroen-Segerink-Integral-Business/175117662548463

Best regards,

Jeroen Segerink

Internet Entrepreneur

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 0 dislikes

Link to this comment:

Share to:

Top Comments

  • I remember telling people to buy Gold in '07. They laughed at me. I bought 22.1 Kilograms of Gold bullion, and now some of those people are out of a job. Guess who's laughing now? Payback is a bitch.

  • Arrogant fools, they'll never learn. How dare they mock the SCHIFF

see all

All Comments (19)

Sign In or Sign Up now to post a comment!
  • Well, in a couple more days it will be January, 2012 and all of the gold pushers, pundits and gurus are completely silent while gold is now in the $1500s ...... so much for the predicted $10000 by Schiff and other useless 'prophets' who make money by selling gold to the gullible. Things haven't changed much from the days when a crook would roll into town on a wagon, beat on a large drum and sell the rubes an elixir that would cure every disease known to man, and all for only one thin dime.

  • @1XMarksSpot vote for Jesus Christ

  • The question is..... How can the U.S. Economy grow, when over the past sixty years the American Industrial Base has been stripped and shipped out of the Country by so-called U.S. manufacturers?

    How can the U.S. economy grow while the labels on every item you now buy has a "MADE IN CHINA" tag on it?

    How can the U.S. Economy grow while the Japanese ship cars to assembly plants here in KIT FORM while keeping the REAL MANUFACTURING jobs in Japan?

    The American public has been suckered.

  • Ron Paul 2012

    He has never voted to raise taxes.

    He has never voted for an unbalanced budget.

    He has never voted for a federal restriction on gun ownership.

    He has never voted to raise congressional pay.

    He has never voted to increase the power of the executive branch.

    He voted against the Patriot Act.

    He voted against the Iraq War.

    He returns a portion of his annual congressional office budget to the U.S. Treasury every year.

  • @Blazen1212 I would agree with you that US has still the largest GDP, and yes Europe i think in no better position than US. The only way US will avoid inflation if they stop spending as crazy, downsize the government apparatus significantly, and again come back to trade surplus. The only thing that saves US is that dollar is reserve currency. I think inflation will be imposed for technical reason, to reduce a deficit. Because interest payments won't be able to keep up with economic growth.

  • @kessass83 You are certainly right about bubbles in China. I was addressing Peters incorrect assertions about going to the gold standard. I do not however think we will see hyperinflation. That occurs in specific circumstances and almost always is political in nature. (ex. Argentina, Zimbabwe, etc.) To say this is certain is not true at all. We have the largest GDP in the history of the world and the US will remain a haven given the global climate and the horrific troubles in the Euro.

  • @Blazen1212  What kind of modeling you need?. It doesn't matter what kind of modeling you are going to use, but if the whole economy only running on debt, so at some point it will burst. Of course it is scary to listen to this guy, but don't be overoptimistic. There will be hyperinflation of dollar, but the question when. IT will affect the whole world trade and standard of living. Even China will be affected, because there is a big bubble too.

  • @Ifly1979

    Please do your own research and think for yourself. It will give you a more informaed worldview than just following what others say. I like Peter Schiff but he has really jumped on the nutcase train lately and is making some truely absurd statements. His investment record at EuroPac is dismal and he himself isnt an academic economist. He has a bachelors degree and doesnt support his claims with econometric modeling or supporting data. Do your own research..think for yourself.

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more