18 Comments to "Peter Schiff Says Gold to Hit $5,000 an Ounce"
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I respect Peter Schiff and especially his father Irwin Schiff who warned about this situation back in 1974. However, I must respectfully disagree
with him about gold and inflation.
Deflation, not inflation is what we face. As debts are liquidated, the money supply shrinks. Read the new
book called “Web of Debt”, then one
can see that Mr. Schiff is probably mistaken. Gold will crash soon and many who bought now will be wiped out!
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mary from illinois Reply:
October 12th, 2009 at 3:34 pm
Bob Chapman also has said gold will increase in value as well as silver
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fgleich Reply:
October 20th, 2009 at 1:59 am
Um….wait. They just issued over 500 Billion pieces of paper ( dollars ) that are not backed by anything. Let’s see, that devalues the currency, which means inflation. The value of gold stays the same, but it’s the currency which becomes worthless. I would buy silver at this point, you get more bang for your buck. oh, and buy lots of canned goods too, cuz you’re gonna need em ( and guns ).
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Mike H should realise that the the people who are orchestrating the chaos are the ones who are currently holding most of the gold. Do you think they are planning to send themselves broke?
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We must remember who controls the gold and if it is being manipulated. The Rothschilds set the price of gold in London twice per day. If anything is tied to them it’s doomed and will only benefit them. I am concerned that this is like the market and it will bust, but it will never be worth nothing.
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dollar goes down, gold will go up…pretty simple. Try buying food with dollars…….
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mary from illinois Reply:
October 12th, 2009 at 3:36 pm
totally agree……buy as much food as you can with the worthless paper while it still has purchasing power….don’t forget your furry friends
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The Jews have been speculating on
gold and currencies for 5000 years, when our ancestors were running around in the woods of Northern Europe in buckskins. They know how to create a bubble, talk the “goyim” into
buying at the top, collapse the bubble and buy back when it’s cheap and start the cycle all over again. We Caucasians need to study the Jew and not be taken in by his scams.
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Z.O.G. Reply:
October 29th, 2009 at 8:14 pm
You’re right.
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VERITAS144K Reply:
October 31st, 2009 at 3:42 pm
buy low sell high like them. Or keep the gold no matter how many worthless dollars are used to acquire it.
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is this cainite related to jacob schiff?
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VERITAS144K Reply:
October 31st, 2009 at 3:43 pm
Christ was a jew and killed by Zionists. Remember not all jews are Zionists.
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I believe Peter Schiff is sincere, but the issue is the collapse of the bond market if massive defaults on debt occur. Bonds could drop to pennies on the dollar if the Fed doesn’t print more cash. If this happened, America’s national security could be effected by a bunch of goose stepping jack booted Chinese militants. When you see them marching beware. Meanwhile we have our troops pin downed in the middle east where there is absolutely no threat to our national security. AS before WWII, the
big threat to the USA and Australia is
in the Pacific. Wake up America!
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The architects of the worlds ills are – JEWS.
We need to not be afraid of their ant-semitism and holohoax scam designed to silence us when we wake up.
They control our media and global central banking.They own congress via AIPAC – The American Israel Public Affairs Committee. It’s a foreign lobby group that reuses to register as an alien lobbyist group.
Worst still Israel is nuclear armed and refuses to admit it or permit inspections. How laughable that this rogue state accuses Iran of ambitions to produce nuclear weapons. Only a nation that owns our media and congress could pull off such a feat.
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Z.O.G. Reply:
October 29th, 2009 at 8:13 pm
Yep. Good post.
Unfortunately, the Paytriotard radio networks like RBN and GCN will never tell their listeners the truth like you just did.
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Peter Schiff is just another Jewish scam artist. That’s why he’s constantly promoted by the Paytriotard radio networks like RBN and GCN.
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Inflation also applies to gold or any other commodity as the fiat currency inflates gold should naturally be a higher worth of the worthless currency it is compared to. Holding on to gold (in your hand) is valuable no mater how many worthless dollars are used to acquire it.
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Ang Reply:
November 4th, 2009 at 11:03 pm
All the current hype about gold should be a warning! The Rothschilds set the price of gold. They make it go up and they make it go DOWN. You could end up with some shiny worthless slugs in your pocket which Rothschild will be only too happy to take off your hands for a few Ameros. They can wait a long time before they make it go UP again. When you’re starving, YOU CAN’T.
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