pt 2/2Peter Schiff on Gold Seek Radio -June-20-09
peterschiff.tk http Peter Schiff Ron Paul glenn beck obama CNN FOX CNBC Bloomberg aljazeera gerald celente warren buffett marc faber jim rogers gold silver dollar max keiser lou dobbs bob chapman alex jones david icke economy collapse stock marcket wall street
Video Rating: 4 / 5
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Another asset of wich supply is going up, unlimited, is GREENBACKS.
Answer the question or stfu. why do people w/gold want to sell it for useless shitty green dollars?Answer it dumbass.
Bwahahahahaha!
Yeah, you haven’t been paying attention for the past 10 years.
Why does any body want to unload the shiny metals to you for shitty green collapsing dollars. If you answer that correctly maybe you don’t want the metal after all. Gold can’t even hold 1k and it’s supposed to go to 5k?by Dec. Again answer why somebody will sell gold for 1k today that in a mere 6 mos will go 5x higher? You must be on crack peter. Metal might be the new scam but we’re never going back to asset backed economy
Refinanced at 4.625% fixed.
already been buying silver 90% coins, soon gold
hey – you’re right that when some1 buys gold for 1000 USD (if not for jewelry) they’re hoping it’ll go higher.
But keep in mind that price is determined by supply & demand & that each year, for centuries, the supply of refined gold in the world has increased (can u name another product like that?).
Because supply is ever-increasing you need to understand that for each increase in price more ppl will be tempted to sell.
Shiff & others predict maybe 5000 gold by 12/31 — THAT’S ABSURD!
Just because people are selling gold doesn’t mean they’re on the right side of that trade. If something is being sold, something is necessarily being bought. People buying gold above $1000/oz presupposes their belief that gold will go higher than that.
I know someone below predicted gold may soon go to $5000 an oz & Schiff said it might be over $5000 by year’s end,
I can’t image that happening.
When gold gets over $1000 you’ll start to see ppl selling their old gold jewelry & if it got close to $2000 I have to believe many, many ppl will be selling.
Is the FED printing money to rig the markets? Gold should be much higher by now.
Nicely said Peter!!!
I laugh at the people saying sell gold. Selling gold now is like selling gold in 1978 at 200 an ounce. Gold will go to at least 5000. Silver will outperform gold. Peter is right. I dont hear anyone owning gold. No one is even talking about it
Thank you Mr. Schiff!
what a mess
I’m interested in Peter’s analysis about this new carbon tax legislation the house passed on friday. I wonder if those of us who knows going on and whats coming can some how profit from this scam they’re trying to run.
Yeah, I’m interested in hearing that. I think that we are in deep shit lol.
What’s happening about the Senatorial run?
A Bank holiday is a public holiday in England, Wales, Scotland and Northern Ireland, when banks and many other businesses are closed for the day. It usually takes place on a Monday.
Look out for a Carbon Trading ‘Bubble’!!
What’s Bank Holiday?
Run for president then throw those crooks bankgansters in Jail or hang em.
don’t buy gold the government will confiscate ur gold 4 horrding also the price of gold is inflating after every buys up the price will shoot down rock bottom watch the markets
Don’t buy gold at 950 ounce its all cropped up let gold drop down -450 or so right now its fabricated by treasury so be careful all the fearmongering could get u going head over heels
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