Peter Schiff on Fox Business 11/4/09

Posted by minnesotachris on 11/04/09 5:02 PM

[Newer: Ron Paul at Financial Services Hearing 11/4/09] [Older: Peter Schiff on CNBC 11/3/09]

http://www.youtube.com/watch?v=wtged5qLs0w







Categories: Current Events, Video, Economy, Monetary Policy
Tags: Peter Schiff, Schiff, Interview

Showing comments 1—3 of 3

Posted 11/04/09 5:37 PM

TruthSaga
San Jose, CA
Also running for US senate.

Posted 11/04/09 5:57 PM

BruceKoerber
Cedar Rapids, IA
http://moneyandethics.blogspot.com/
Wednesday, November 4, 2009

When Will The Central Banks Rush To Buy Gold?

When I saw that India bought 200 tons of gold I wondered what effect that would have on:
a). the price of gold,
b). the rush by other central banks to buy gold, and
c). the psyche of most people - because the return to the gold standard would become a common conversation piece, naturally negating the propaganda by the ego-driven interventionists.

Since gold, as the medium of exchange, is the sign and symbol of a classical liberalism civilization perhaps gold will actually be the trigger!

Perhaps gold will capture everyone's interest and serve as the catalyst, setting in motion the process of exterminating the counterfeit fiat monetary systems around the world.

Posted 11/04/09 8:22 PM

cptteabag
Logan, UT
This is actually going to be a great test to see how much gold is at our disposal. It has been common for massive amounts of gold to be released onto the market to suppress the price and reduce fears of inflation. The feeling that if the price of gold is stable, then the dollar is stable. I have a feeling it won't work this time considering the worldwide demand and competition to establish new reserve currencies.





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