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Peter Schiff video: dollar is now collapsing

Submitted by SteveMT on Fri, 10/23/2009 - 19:24
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19 minutes of reason.

Part I: Great speech with some humor, too.
"Madoff should be Secretary of the Treasury."
"All the slaves had jobs."

http://www.youtube.com/watch?v=NHyq-I7ep2w

Part II:
"China is penciled in for half our future debt."
"China can't find buyers for the dollar or sellers for the gold."
"We just need ink for the printing press."
"We conned the world off of the gold standard."
"There is no exit from this strategy."

http://www.youtube.com/watch?v=GiIhY98GABQ&feature=related

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Peter's examples are always

Submitted by reedr3v on Fri, 10/23/2009 - 23:02.

clear and illuminating.

its only a matter of time..

Submitted by bad_karma on Fri, 10/23/2009 - 19:56.

its only a matter of time.. gold 5000.00 + silver 500.00+

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3

"Mischief springs from the power which the monied interest derives from a paper currency which they are able

—

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

if gold and silver ever

Submitted by NeoConned on Fri, 10/23/2009 - 21:51.

if gold and silver ever reach those levels i'll be retiring ;)

If that happened, it would mean that TSHTF.

Submitted by SteveMT on Fri, 10/23/2009 - 23:37.

You would need every ounce!!!

Retiring from what?

Submitted by BlueEagle on Fri, 10/23/2009 - 23:31.

If silver is at 500 FRNs/ounce then apples will be 150 FRNs / lbs.