10/7/2009 Peter Schiff On FOX Business: Peter Schiff Predicts Gold Will Hit $5,000/oz.
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Yeah, silver's a good buy, especially if you're hoping to spend these metals on something when times get bad. Still, gold's good for saving large sums in a small place; 1 ounce of it will get you about 60 of silver.
To put it in perspective, trying to buy your groceries with an ounce of gold right now would be like trying to buy them with a thousand dollar bill. Buying them with a couple of ounces of silver would be like buying them with tens and twenties.
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I like silver better. It has gone up at a higher percentage rate than gold. And it's far more affordable for the average citizen.
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Is this humor, or do you believe this "recovery" will take place?
Sorry if I missed somthing.... I'm not seeing any recovery though.
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You are right, and this sounds great, but we all know it will not happen. We need, and I feel there will be, a major reform coming to our political system, our way of life and our way of thinking. It might take a couple of years, but it's on the horizon. The people are fed up and ready to revolt against tyranny once again.
2 years ago 2
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then it would go down..
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$1,050 dollars an ounce now?
Imagine when the economy "recovers"?
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$5000??? That equals the end of the dollar and the rise of the ONE WORLD CURRENCY!
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GAWD Liz is HOT! One of the only reasons to watch Fox news.
Schiff 2010 and or 2012
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that male anchor used to debate with Peter Schiff whenever Schiff says godl will go up because of inflation.
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What a nonsensical imbecility! Unemployment rising despite the end of the recession? Is this fool serious? Who got you this job? You better get ready for 15 years of sagging economy if you do not get away from keynesianism/monetarism. Stop the wars, let the zombies banks crash and cut a few heads(lol)! End the Fed, fire 99% of the congress, withdraw from the UN, IMF, World Bank, Amero...etc! Ooooh, shut down the IRS, CIA, FBI, department of education.
AFRIKTODAY 2 years ago 15
trade with china destroyed the economy how can companys compete with slave labour from china
PERVERCO 2 years ago 5