Schiff Report Video Blog July 24th 2010
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Telogis is the answer for GM
@drummerforreal1 still believe this?
@drummerforreal1 Buy low, sell high..it will go up.
It’s the Jews in the Federal Reserve, on Wall Street and in our government that have caused this disaster, and they are the ones who planned it, they are the ones who will get even richer from it. The American people need to wake up to the fact that the majority of the Jews in this country and Israel, are not our friends. They are not working to strengthen America, they are traitors working to make Israel strong enough to deal with anyone, including America. Nothing but TRAITORS!
@ 9:00 glenn beck needs discrediting
@SchiffReport This admission that gold sales are weak should tell you that smart money knows gold is a stupid play…
LMFAO at 1:01-1:10
@Perceiving That’s definitely not the markup you want for silver. Maybe check out Ebay instead and buy for $50 or more to make it worth your while. I am sure there are other decent sources on the web for acquiring junk silver. Same for smaller gold coins as well.
@RaWBLooD I like Peter’s no non-sense views. My own take is that we’ll get a dictatorial centralization of power given the coming economic collapse. I wondered if Peter sees this as a plausible result of our policy of dollar destruction.
@Panpiper
Thanks for the advice. Unfortunately my local coin shop is charging $5 over spot and offering $4 BELOW spot for American Eagles. I guess he figures the locals are dumb. some are. not really dumb but are uninformed
@creeper711
Peter started a new company Euro Pacific Precious Metals where you can buy gold and silver bullion
@RvNYC @RvNYC There are too many factors to consider, engineered (economic, social, military) or natural disasters, knowledge, decisions by people on local and global scales…
Barney Frank saves Ben yet again!
Here’s a toss I’d like Peter to call. Given the economic trajectory of our country, in the next 50 years does he forsee the brake up of the US into Regional independent entities or will the Federal government wind up asserting dictatorial powers? Or neither.
I have my gold investments divded into physical and etfs.
@Perceiving Just be aware you won’t be buying gold, but a gold certificate. Which is just a promise to pay in gold. If Perth Mint goes under so goes your “promise” of gold. You must then hope the government will pay you. TO convert to allocated gold then you will have to pay a storage fee.
@MrYatesj1 Stock a basement with cases of waterbottles, non-perishible food, firearms and ammunition. That will be the best investment you can ever make. Also things like a dirtbike, a generator, a couple years worth of reading, medical supplies, etc.
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Once you have all that, yeah a safe full of gold wouldn’t be a bad idea. Gold is dipping right now too, it probably will for a couple of days maybe weeks even. It will be a great buying opportunity.
@classic7890 We have a similar dilemma. Everytime I mention the inherent drawbacks in the “gold is money” mantra, patriots think I’m a loyalist. Not so. As you alluded, it doesn’t matter “what” the currency is, what matters is “who” controls it. My biggest problem however with that ideology is that to obtain more “money”, you’re forced to rape your own mother (earth, ya’ know)- I admire the hell out of our founders, but they didn’t 300M mouths to feed back then. Gold and silver made sense.
SUPPORT FROM NEW YORK
@AUX999 Never is a long time, I was hoping 4 to 7 years as things shake out. America needs to unify or yes things could get uglier. Unless you have lost hope, and think we are as dumb as we act. Hence the whole political blah blah blah, so hard to trust gov. in general they started the whole mess forcing sub primes.
Glad its almost football season, haha.
@Texanomics The term “slave labor” is a relative term The history of the US knows that term as one thing but that term means something far different in China. The people in China welcome the money and chance for advancement. Of Course they deserve more! I just hope the country of China pays its people and not the greedy US corps. You are right we need to start building more at home. Tech mostly no need for plastic landfill toys. Care to pay $250 you your Nikes? haha
@AUX999 Oh didn’t you hear the transports and tech stocks are bringing the rally? I am sure we are just at the top of the range but I really don’t think there is any reason to see total capitulation anytime soon. I would think we will float til Nov. Just guessing. Technically we just broke 10,500 so a pop though the 200 day could happen.
@humaner Ouch Dawg, that is a lil close to reality. I though you tubers were just playin around ha. Yeah it is time to revert back to your fathers or grand father’s American. Ingenuity in the building of the world collapse we created, an economic war. We just forgot that China was younger, faster and stronger than us, I just hope we are smarter! We have some catching up to do.