Gold, currencies, CNBC, & deficits make us rich?

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25 Responses to “Gold, currencies, CNBC, & deficits make us rich?”

  1. polygamous1 September 2, 2010 at 9:14 am # Reply

    r u ppl all MAD? GUYS U WORK PRODUCE ALL U CAN but u trade in the money I print AT will ON FA RESERVES with NO one been able to tell me what i can do I can print all i want till u ALL OWE me u r eyebrows forget about bond Ssecurities n FA else THIS IS THE REALITY ANYTHING ELSE IS BS WHATEVER U PRODUCE HOW EVER HARD U WORK U WILL ALWAYS BE SKINT UNLESS THE MONEY U TRADE IN IS REAL PRINTED BY THE GOV BASED ON REAL RESERVES IS FA U CAN DO I just print few more trillions n hey presto u skint

  2. LordAgonis September 2, 2010 at 9:53 am # Reply

    I think you said it best in Crashproof. People don’t get the difference between the medium of exchange and real wealth. Thus, Peter Stark believes that because Congress can monetize debt, that the National Debt generates wealth. A dumb stance, but its naivete indicates the necessity for you to be elected to the Senate, if only to educate those buffoons. I mean, how many of them have actual economic training?

  3. justaoldslave September 2, 2010 at 10:23 am # Reply

    Thanks Peter, The U.S. must repair its manufacturing base. To think that just printing fiat currency’s is helping is foolish. Real jobs that pay living wages must be available to the workers.

  4. OilTradingAcademy September 2, 2010 at 10:35 am # Reply

    I got an incredible concept for you, take life by the reins, come trade oil with me in my trading room, follow my trades in real-time, make money like I do, can it get any easier than that? Take a look at my website within my profile or Google “Oil Trading Academy” and let me show you what I can do for you.

  5. theguvnorjimmy September 2, 2010 at 10:51 am # Reply

    Peter’s blogg says you have to be invited to read it??

  6. jmbphilcrafts September 2, 2010 at 11:22 am # Reply

    THERE ARE LOTS OF RAW GOLD IN THE PHILIPPINES……UNMINED

    JUST FLOWS ALONG THE RIVERS OF DAVAO…..lots of residents use old system of GOLD PANNING…..kids,young and old can do

    ALSO IN BENGUET,MT.PROVINCE ……………lots of MINING COMPANIES DIGGING GOLD AND OTHER MINERALS……

    BUY YOUR GOLD THERE….ITS CHEAP

  7. partyhouse88 September 2, 2010 at 11:27 am # Reply

    amen

  8. cheonmunka September 2, 2010 at 11:39 am # Reply

    Well, offshore stock, that is

  9. cheonmunka September 2, 2010 at 12:15 pm # Reply

    Thnaks for the tip on gold, I’ve been waiting a year and it’s gone up 2%. Unfortunately I could have taken stock and gone up 50% in that same time frame.

  10. panther9mm September 2, 2010 at 12:41 pm # Reply

    you would do better if you bought GLD on margin if you expect to hold long term, but over the longer term counterparty risk increases. Schiff pimps GLD and the perth mint. I don’t touch either. I think even if you have an allocated bar at the perth mint, they could say it will take 5 months to get it, cause they already melted it down and sold it, or it will take time to dig up or get it from the market and print serial numbers on it. You need physical gold you can see.

  11. UbuntoO September 2, 2010 at 12:44 pm # Reply

    Whats Peter Really selling along with the fear he’s sowing?
    Cmon, think now.
    He’s making money off of your fear somehow. How is he doing it?
    Don’t be naive.
    He’s found a way.
    UbuntoO

  12. UbuntoO September 2, 2010 at 12:47 pm # Reply

    Interesting. Host deleted my commnet!

    All I did a week ago was ask what Peter is really selling? Poof, comment gone.
    How does he make his living?
    He’s selling fear and some gold product.
    Fear Fear Fear Fear Fear dang GB and Sarah “The Rogue” Palin all over again.
    Death panels! ooooooh scare me. I’m gonna buy gold form Peter Schiff and suck my thumb waiting for end times.
    Cmon people.
    Lets get to work finding solutions instead of hawking fear.
    Thanks,
    UbuntoO

  13. rationalCrash September 2, 2010 at 12:59 pm # Reply

    all logical fallacies. if you think you have evidence and logic where he is wrong about economics; state it.

  14. FamousSnatcher September 2, 2010 at 1:07 pm # Reply

    He’s telling you to prepare for shit hitting the fan very soon for FREE. Look at what he said in the past, he’s been bullseye on everything. I’m too being bashed when I say the worst is ahead. All of you ignorant sheeps… Go get your swine flu shots…

  15. UbuntoO September 2, 2010 at 1:15 pm # Reply

    Peter, what are you selling?
    How do you make your living?
    Why not just come out and say what it is that you sell?

  16. vdvsoldat September 2, 2010 at 1:36 pm # Reply

    Black is white, up is down, right is wrong. Well GW Bush showed that theory the best. According to Hannity and the FOX news fools, the USA is better, more prosperous, safe and FREE than ever before. Wow talk about brainwahsed morons.

  17. DrTimWhatley September 2, 2010 at 1:59 pm # Reply

    I agree 100% We need to stop spending and printing money. What I don’t agree with, is the uneducated opinion that the speculation that helped get us into this mess is a socialist enterprise–an absurd proposition.

    What bothers me is that many people “learn” economics and other things from radio hosts who have no college education whatsoever. They don’t think for themselves and they view policy in terms of “good” and “evil,” spouting the same garbage as Limbaugh, Beck, Hannity, etc.

  18. kja5 September 2, 2010 at 2:23 pm # Reply

    I remember when capitalism was a respected and noble idea in the united states. Boy did that change fast!

    Now everyone loves the Big Brother Nanny State. Guess what? Washington can’t run a $1 trillion deficit forever! Our whole country is going to come crashing down in less than 5 years at this rate. Enjoy your US dollars now, because soon a gallon of milk will be over $25.

  19. DrTimWhatley September 2, 2010 at 2:41 pm # Reply

    Quit bugging me. Don’t you have a federal building to blow up?

  20. herbs814 September 2, 2010 at 2:43 pm # Reply

    You egotistical thug, your hatred against the productive American people is treasonous. Get a real education instead of your Stalinist indoctrination from government apologists.

  21. DrTimWhatley September 2, 2010 at 3:18 pm # Reply

    Like I said, if you want to listen to people with only high school educations (like you) to analyze the news for you, go ahead. Just don’t expect me to give your shallow remarks any weight. It’s clear you just repeat dogmas you hear from others.

  22. herbs814 September 2, 2010 at 4:13 pm # Reply

    Private business is moral. Government (and its corporate lobbyist cronies) are the evil socialist elitists.

    Your unprincipled sycophantic slavery to government is repulsive. And your dishonest smears of capitalism are Tokyo Rose propaganda and TREASON.

  23. DrTimWhatley September 2, 2010 at 5:01 pm # Reply

    You side with business elitists…and an asshole to boot. You’re shallow and can’t think for yourself. I doubt you’ve ever really traveled anywhere. How small your world must be.

    You should go back to 1885, where there are no pesky minimum wage laws, or workplace safety regulations, anti-monopoly statutes, or even child labor laws for that matter. You know, a time without “evil” government intrusion.

  24. herbs814 September 2, 2010 at 5:29 pm # Reply

    And if you use guns, Bible, Glenn Beck, or Rush as a pejorative you just prove how out of touch you really are.

  25. herbs814 September 2, 2010 at 5:35 pm # Reply

    If you side with the government elitists rather than the productive business sector, you are a traitor and should go to some Stalinist backwater like Cuba where you’d actually fit in.

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