Forex Video of Jan 2009 in Saudi Arabia : Peter Schiff to a Saudies Buy Gold Mines!!!!!!!!!!!!! for Forex Tutorial
Forex Video Topics: alex, buy, celente, collapse, currency, dubai, economy, faber, gerald, gold, jones, keiser, lindsey, marc, max, mines, Paul, peter, ron, Saudies, schiff, silver, williams
Comments: 25 comments
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DirtyVegas7 March 11th, 2010 at 8:00 am
timesplitters333 March 11th, 2010 at 8:00 am
the saudies are the zionist my friend….
so only the Chinese,japanise and the saudies can buy all the gold? What about the germans,russians and other oil producer?
liloproduction March 11th, 2010 at 8:00 am
@hardhittn63 good question
gold backed currency?!! Well i hope you dont want to trade with gold coins, for there is not enough!
is this why the gold is going up? the saudies,japanese,russian,chinese.. are buying the gold companies..!
hardhittn63 March 11th, 2010 at 8:00 am
Why is he giving them ideas?
kooodeal March 11th, 2010 at 8:00 am
OptikNerv1138 March 11th, 2010 at 8:00 am
manicbuyer: you (like many people) are confusing the US Govt with America. The US govt is NOT America. The US Govt are all scumbags…America is not.
Silberdachs March 11th, 2010 at 8:00 am
If you want to know just how bad things really are, check this vid:
brokeinvestor March 11th, 2010 at 8:00 am
only on youtube, do i meet idiots like you.
he has what down in Australia?
TaxSlaveRoark March 11th, 2010 at 8:00 am
If ANY ONE country tied their currency to gold, the entire world would be better off.
badkid73 March 11th, 2010 at 8:00 am
This is not some top secret information that Peter Schiff is giving away. The U.S. government blatantly ignores gold and wants the dollar to remain the fiat king. Don’t blame Peter Schiff for giving advice to the Saudis. It’s not as if U.S. government officials don’t know about the potential benefits of a gold-backed currency. They choose to ignore it at this country’s peril. Don’t blame Peter Schiff. You should be blaming the idiot politicians of the United States of America.
buttonmonkey01 March 11th, 2010 at 8:00 am
and he is 100% correct. Scary
me98321 March 11th, 2010 at 8:00 am
Peter Schiff has personal grievance against the US govt because his father is a tax protester and is serving his time in jail… So his economic advice might not be all so unbiased…
manicbuyer March 11th, 2010 at 8:00 am
..I USED to think Peter Schiff cared about America and was ringing the bell , not just for his own book selling and gold folio but because he “cared” about America…I no longer believe that..”GOLD” is Peter Schffs country, not America. Go live in Saudia Arabia Peter – if you don’t already..
Sentinel4truth March 11th, 2010 at 8:00 am
Wouldn’t that be amazing if Israel bought the world’s gold mines? “Hey, no fair! The Zionist entity bought all ‘our’ gold mines!” LMAO
jojoghost59 March 11th, 2010 at 8:00 am
They used to have colonial scrip founded on this idea. The government of Pennsylvania would issue the right amount of money needed and would back it with the land of the state. This works at a regional level, but what would this guarantee mean to a foreign business? They couldn’t afford to do anything with such land. Just like you said, it’s only valuable if someone wants it. Though I agree it doesn’t have any intrinsic purpose, gold managed to stay valuable for thousands of years
hara001 March 11th, 2010 at 8:00 am
The Saudis are producing more than they consume and therefore provide a net benefit to society. The same cannot be said of all countries.
If the US dollar has value, then why am I not allow to print dollars in my basement and therefore create more value for everyone, just like I can create whatever else in existence? Could it really be that it has no value?
yourgodwillbowtous March 11th, 2010 at 8:00 am
If the US collapses, it will induce a worldwide food shortage. Many nations we owe alot of money to, depend on us to feed them.
Our food values will sky-rocket, as the demand goes up. US Farm values will become priceless. Especially if we refuse to accept gold in trade for the food.
I would trade my gold for farmland stock.
You want to talk about having to bail out banks, can you allow all your farms to fail?
basiclifej March 11th, 2010 at 8:00 am
if gold has no value… why the federal reserve, central banks around world, IMF, world bank hold huge amount of gold and refuse to sell it for the us dollars? The thing that has no value is our US dollars paper money, it just paper!!!! Gold is not consume because gold is rare, there is not alot of gold left around the world. It’s stupid to use gold to make things because it so expensive and rare!!!!
chromedreamz March 11th, 2010 at 8:00 am
Gold doesent have survival use OK, but if you bought it 5 years ago and sold it now-you’d be able to by 5 times the survival neccessities. Gold will double in the next year or 2 unless the economy just collapses, which it may/is.. Peter isnt a survivalist, but an economist. But he has talked about stocking up on food and necessities that will double/triple in near future for people with limited investment funds USD’s R backed? they will be virtually worthless in the not too distant future.
arming the Saudies? thats what the U.S has done- whats wrong with Muslims,do you think WE had NO part in terrorism?? u think maybe WE had somethin to do with 911- America are shmucks, our govt, and the stupid american people who believe the shit from them/MSM-i am an american, but not a stupid one
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