3 votes

Dollar Collapse Ahead!?

Uploaded by TheAlyonaShow on Apr 28, 2011

US Commerce Department has released dim numbers for US growth in the first quarter. If you consider that the economy has to grow at a rate of 2.5% just to create enough jobs to accommodate a growing population and more efficient workers, that's not good news for unemployment. Peter Schiff, president of Euro Pacific Capital weighs in.

http://youtu.be/0H222k9DfJc




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Schiff: "Whenever gold prices go up you can be sure...

...that Bernanke is speaking somewhere."

Hilarious!

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

fireant's picture

Classic!

I'd love to see Ben's reaction when he hears that...

Undo what Wilson did

egapele's picture

What is the best currency to buy with dollars?

I'm seeing stuff on the internet about the Iraqi dinar. Any suggestions?

Swiss Franc...

but why not go with gold or silver then. They are just as liquid as Swiss Franc if you live in the US and are going to hold their value better than the Swiss Franc.

Peter is right again

did I mention that RT has some hot anchor ladies? I think Peter was flirting with her there at the end. Who could blame him!

I'd rather have a bottle in front o' me than a frontal lobotomy
www.tattoosbypaul.com
www.bijoustudio-atx.com

+1

;)

some ladies are *literally* irresistible

Alyona being a prime example

It's been collapsing for a long time now

I know this because I follow the currencies market, and the dollar has been steadily declining. After Bernanke's speech last week, it nosedived.

If any of you have the ability to buy foreign currencies, this is the time - before the dollar tanks completely.

If there is an HSBC is your town, you can open an account there and then a second one in Hong Kong, where foreign currencies are bought and sold. You can also buy currencies online at Everbank.com They are probably better than HSBC, since they offer just about every currency in the world; not just the 15 or so that HSBC offers.

Protect your money!