Wednesday, February 18, 2009
February 18, 2009
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the central banks are creating alot of inflation that is what gold is showing, I (peter schiff) think that the dollar is going to fall alot faster then other currencies, in the end the only one that is going to write a mortage is the US government, the politics is what is killing the economy and the cure, favorite investment: gold, silver
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Good interview. I guess the time has come to buy gold when it breaks the old high from around a 1000 dollars. Any thoughts about buying it then?
ReplyDeleteWell ladies and gentlemen, the s is REALLY about to hit the fan. Watch this puppy go down in history, the show's starting!! Panic is beginning.
ReplyDeleteBuy Gold NOW! I have been buying it like hotcakes for a year now. Just ordered a bunch of silver also (more easily traded on th street.)
ReplyDeleteI expect to see gold go to 2k and ounce by the end of 2009, may even go higher, and silver will follow at about a 70-75 to 1 ratio.
Paper money is just that, paper with a promise (fiat) from the US govt. Guess what I think of their promise?