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Peter Schiff - 'Gold's not going up - Money's losing value!

Submitted by bobbyw24 on Wed, 11/17/2010 - 08:22
in

http://www.youtube.com/watch?v=yHC-fhw0vL8&feature=player_em...


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I disagree with Peter on

Submitted by SIERRAHPBT on Wed, 11/17/2010 - 10:33.

I disagree with Peter on this. The price of gold is going up in all currencies. Not just the dollar.

—

Oh how I wonder, oh how I worry
And I would dearly like to know
How all this squander of earthly plunder
will leave us anything to show

aren't all the currencies

Submitted by TheBMT on Wed, 11/17/2010 - 11:25.

aren't all the currencies fiat money? I don't think there are any countries with a gold/silver standard.

bump

Submitted by legalizeliberty on Wed, 11/17/2010 - 10:17.

Thanks for posting.

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My website: http://www.libertypoet.com/
STAND WITH RAND 2016

WELL

Submitted by POW on Wed, 11/17/2010 - 10:08.

that is how any alternet currency works. They are all based off of the Reserve . I've been telling you that .

China, or who ever holds the most Gold. So, what would the Chinesse, or whoever, naturaly want to make the Reserve ? Wiizard of OZ story returns. Sorry.

YES , the average American citizen is caught, in a catch 22.