Peter Schiff on record gold prices: I told you so!

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Peter Schiff on record gold prices: I told you so!

August 20th, 2011

FAKE NEWS for the Zionist agenda

RT
Aug 20, 2011

With the decline of the world economy, many investors are flocking to the precision metal: gold. Many say buying gold is a safe haven from worldwide inflation and gold will keep its value over any paper money. Will gold continue to increase in value? Peter Schiff, president of Euro Pacific Capital, tells us more about the precious metal.

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7 Responses to “Peter Schiff on record gold prices: I told you so!”

Yes, but this time it is different. All the fiat currencies are being shown to be hollow paper tigers. Paper will always be paper and gold will always be gold, and only for a time will the public sleep, and forget, only to be rudely awakened when prices get out of hand….The fact of the matter is that the central banks are buying the yellow metal as if they know the paper is going to crash. The stock market is gyrating, what do they know ? What is planned for later this year ? Poop to hit fan soon for sure….
- Hence the one of the most important stories of last week and Hugo calling in for his 211 tons…pay attention people and stop with the mindless regurgitated per-programmed thoughts on gold. It’s not indicative of someone who’s awake and aware. Connect the dots.
  
  Beacon
Rise where it may, it still buys the same thing it did when it was $20 an ounce. The price of gold is just a measure of the degradation of the dollar. placeofrefuge2012.com
- What a irresponsible and misinformed thing to say Marla and I say that with all due respect.
  
  I’d like for you to expand on what you just said, I’m interested to hear your thoughts.
  
  Beacon
I listen to Alex jones what he said about gold raising he been saying that for a while and guess what gold is raising
Why wont any of these gold guru’s compare this gold rise to the early ’80′s gold rise? Do you even remember it. Gold got to over 2 grand before it started to dip.
- Adjusted for inflation of course..