Adam talks to investment guru Peter Schiff to explain the twists and turns of silver last week and how the institutional gold rush we’re seeing now will play out and how gold is at fault for the bombing of Libya.
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31 now
these clowns say buy when it is time to sell, then sell when it is time to buy. what a joke
If silver falling $15 is a bursting bubble, then shouldn’t silver now recover and level out? If the bubble has burst, doesn’t that mean the fundamentals for silver related to the dollar, point to buying now, since the US monetary policy and guarantee is inflation and money printing. Which as the dude said at the beginning is that precious metals are linked to inflation. So, a burst bubble to $30/oz is a realistic value assessment therefore there is no longer mania? Which means, buy now.
Talk to me when silver hits $4 an ounce…
I find the title of this video very confusing.. Is Peter saying it will crash?
I wonder if this guy has fucked any of the hot RT hoes, adam send me a PM
@ShikamaruTKD that means nothing to me. run out of silver, use something else. btw quartz, is the main ingredient in cell phones and most electronic devices. especially the ones we use for communication… glad ur existence is FINITE… u know what that means jackass.
@bparrish25 silver is used every where around u. in ur phone in ur camera, in the movie theater…yep and silver is FINITE. do u know what that means
i bought a 100 oz bar while watching this video.
obviously the host doesnt know a thing about a bubble.As Peter said,it’s no where near a bubble,when we get to 400 you can say its a bubble
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COMEX just did the exact same thing with PLATINUM TODAY as they’ve done with Silver!! I have been wondering why other metals have been slowly creeping up while platinum has been the only one continuing to sell-off, and now I know why. HOW IS THIS FRONT RUNNING BY CME OF MARGIN HIKES LEGAL???!! Unbelievable, that this information is becoming available to big players way before anyone else.
Guess what it’s down there Schiff!! Silver now $30,,,,O yes it did…
if you have already have gold and silver, do u still need the dehydrated food?
Corrections should be considered as a percentage of the price, not just the dollar amount. In 2008-9 there was a 50% correction that rallied to higher highs, so subsequent corrections look more dramatic, but as a percentage are within the norm or volitility.
When you look at a chart you have to use a logarithmic (Log Scale) chart. Log charts give a clearer depiction of reality because the chart is drawn based on % increase, not just price. A move from $25 to $50 can look unsustainable on a non-log chart but on a log chart it can be far more tame. In the video above he is using a non-log chart. If you view a 20 year log chart of $Silver on StockCharts you will see that silver may have a lot of gas left.
Gold sets a new record today..
mmm real money cant be ina bubble.. only fedral reserve paper bubbles.. but wait the bernank says gold is not money LOOOOOOOOL!!!
Your chart needs to be on a log scale.
@inkey2 If you look at Chinese history, they’ve had fiat money collapses hundreds of times, no exaggeration, this is due to the vanity and ego of the emperors who wanted to leave a big legacy.
Thumb this comment up if you think they should also show toilet paper being made while showing the printing of US Federal Reserve Note toilet paper.
@bparrish25 I agree with being self sustained and going back to the land but even that has potential problems. Can you imagine the prices “land” would reach if there was a mass exodus from the suburbs and cities into the country?
@SidneyBou our fiat money has been around alot more than 40 years….it’s been around 150 years. We started printing “green backs” during the civil war
There is no bubble. That was a mild correction in a long-term uptrend. Corrections are cyclical and perfectly natural. Wait for three clear legs to complete and the signal of a resumption of the trend.
Dude I would suck him haha.