Comments on: Peter-Schiff – Fed Face Off (Yahoo Finance)

By: Wcoltd

Wcoltd — Thu, 28 Jan 2010 21:57:04 +0000

If you’re putting you money where you’re mouth is, you’re going to loose a substantial amount of wealth in the long run. What are deflationary pressures when the government will just print money to alleviate them? I can understand an argument against inflation, but an argument for deflation is another thing altogether – the Federal Reserve believes it is it’s primary purpose to prevent deflation – Bernanke has stated that many times – how can you infer there will be an upside to holding dollars?

By: dimaniak

dimaniak — Thu, 28 Jan 2010 21:00:31 +0000

Peter Schiff supports fractional reserve banking. He is a Rothshilds’ shill

By: planetcave

planetcave — Thu, 28 Jan 2010 20:47:35 +0000

I got one word to say about gold – SELL

By: planetcave

planetcave — Thu, 28 Jan 2010 20:08:12 +0000

How about the top seven economies in the world experiencing declining demand across the board in commodities and mfg. goods. Oil is falling due to a glut of supply with collapsing demand. Gold follows and lags oil. Check and site historical facts rather espousing the “Schiff of Wall St.” garbage.

By: MegaSpeculator

MegaSpeculator — Thu, 28 Jan 2010 19:55:16 +0000

Planet Cave is RIGHT….Gold is NOT money, it never will be, the powers that be have made sure that their fiat currencies are the medium of exchange, and if you think gold id going higher, well, god bless the fools……its just another bubble, in fact Im short gold in a BIG way

By: planetcave

planetcave — Thu, 28 Jan 2010 19:15:23 +0000

It looks like the MegaSpeculator just took a lot of money from the Schiff boys. Just checked the exchange, gold is down in a big way and getting ready for a free fall. Now would you bubble maniacs do yourself and your loved ones a favor and cash out already. Giving it all back to the man is not too wise.

By: tacitus7

tacitus7 — Thu, 28 Jan 2010 18:43:14 +0000

Actually, it’s a buying opportunity. a good time to jump on before 1600

By: dpod916

dpod916 — Thu, 28 Jan 2010 18:29:43 +0000

How about the fact that India continues to vote for capitalist democracy? Is that not a future of over 1 billion consumers? There are alot more potential Indian consumers then there ever were American consumers.

By: planetcave

planetcave — Thu, 28 Jan 2010 18:11:08 +0000

I’d be careful about trying to catch a falling knife. As far as the dream goes about India being a mass-market due to the fact of it having a representative democracy, there was one giant barrier and its called a caste system. The wealth is extremely concentrated and they’d rather hoard gold and have 50 family members living under one roof while one group controls all the rental income in a given area. In Singapore/Malaysia they say, “even god can’t make money off an Indian.”

By: planetcave

planetcave — Thu, 28 Jan 2010 17:57:43 +0000

Btw, most Indians vote with a picture of a political party next to it. It would like you voting for democrat with a picture of a donkey or an elephant for a republican – some democracy. The capitalism and democracy that exists in India is a farce. Kind of like the media machine in the US – pure unadulterated crap.