Peter Schiff, founder of Euro Pacific Capital and now Senate candidate in Connecticut, says investors should stock up on gold and foreign stocks until the U.S. settles its financial problems.
Peter Schiff Says Buy Foreign Stocks, Gold
07
Nov
alkatifa04
November 7, 2009 at 3:26 pm
India just bought 200 thousand tons of gold from IMF.
outcastization9
November 7, 2009 at 4:24 pm
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Ciaresayton
November 7, 2009 at 5:14 pm
Japan and Russia are selling their dollars. And so are ex-patrioted investors. The things Peter has talked about for years is really beginning to develop. We dont need Peter Schiff to run for Senate. We need Peter Schiff running as an Independent for president, and get the professional politicians out of there. If they were operating in the real world, they all would have been fired by lunch.Stop the Party Elites on both sides from ruining this country, and vote Independent every time.
saturn5100
November 7, 2009 at 5:34 pm
I hope that Schiff is elected to the Senate. His presence would increase the level of economic knowledge in the Senate by a factor of ten (at least). In 2007, he was one of very, very few commentators in the U.S. business-financial media who warned that excessive debt and spending would lead to disaster.
quakefiend
November 7, 2009 at 6:13 pm
more like as long as the federal reserve has been around.
topshotmx8
November 7, 2009 at 6:25 pm
who are the other millions? I saw a repot and only 10 people reported (wrote down) what they thought and they were the only ppl who got it right. you have no idea what you are talking about!
TheresNoTimeLikeNow
November 7, 2009 at 6:36 pm
What’s going on now is like nothing that has ever been seen before in the history of man. Millions may have seen it coming but millions did and said nothing. I am grateful to those like PS. Check out the film THE BIG PICTURE and How to Save the Planet and David Icke at Oxfor Univ UK.
24Adrian24
November 7, 2009 at 7:26 pm
Actually you mean its never happened to this scale. These days, people’s reference point is usually what they see on TV. How many Austrian economists in the world? How many anti Keynesians? The makers of money masters were calling this in the 90′s. Yes Peter was all over the talk shows calling it, but to suggest he was a lone voice is simply incorrect. Schiff should just stop reminding us every chance he gets, that he was one in a million.
24Adrian24
November 7, 2009 at 7:52 pm
Calling a bust, in a boom/bust economy is not an “unpopular position”…Again, many people who took this position were labeled “perma bears” or “Dr. Doom” etc by the media..Schiff is the only one i see now, constantly saying “i told you so.” I never said he wasn’t speaking truth, i’m just saying he is not being very adult about being right!
24Adrian24
November 7, 2009 at 8:39 pm
So what he was laughed at? why respond in kind in a childish manner? TV is entertainment, and Schiff was part of the “show”, so why take it so personally? why keep going back if he felt so ridiculed?? give me a break!