the book that is mentioned in the video is Peter Schiff's crash proof The folks at CNBC seem to be excited that the stock market is going up, but Schiff explains that it is actually going down in relation to real money - gold. He also explains that China is nearly as dependent on the United States as they would like to think.
The FED has closed it's books on what 'aid' it gives out, but some suspect it's in the hundreds of billions. Given this hidden 'charity' I think our government is giving far more than any other country by any measure. Why would you give anyway? Why is it important to give away what you have to some nobody. Is it really the biggest thing in life to sacrifice yourself for others and thus validate your life as if you have something to pay for
Alex Jones talks with libertarian political commentator, activist, proponent of the Austrian School of economics, and chairman of the Ludwig von Mises Institute, Lew Rockwell. Rockwell served as Ron Paul's congressional chief of staff from 1978 to 1982.
The Constitution is all we have as Americans. If a cop doesn't respect your RIGHTS than he doesn't understand. His rights too, in time, will be taken away. Stop being mindless drones and realize why our Bill of Rights is so significant.
Peter Schiff:...I do not think that's what's driving the market the ETFs are attracted by high returns , the ETFs are showing up because people want exposure to the commodities but they are not the dog they are the tail , what's driving commodities is inflation , it's governments around the world particularly the federal reserve creating too much money debasing the value of the dollar , you know as we speak the dollar is at an all time low against the swiss franc today it is at an all time record low against the Australian dollar , you need 30 dollars to buy an ounce of silver , you need 1400 dollars to but an ounce of gold ......etc...
Peter Schiff : The surge in Commodities is due to the Inflation not to the economy picking up
Monetary policy can cause markets to misallocate resources. That simple insight has profound implications for how financial markets should function. Cato Institute senior fellow Gerald P. O'Driscoll Jr. discussed asset prices and bubbles at the Cato Institute's Monetary Conference in November 2010.
Charles Goyette lists the intellectual and financial weapons you need to protect yourself.
Longtime financial professional Charles Goyette discussed the continued devaluation of the U.S. dollar, and how he sees this crisis unfolding for the average American. Over the years, the dollar has lost 96% of its purchasing power, he said, and the current rise in the price of gold reflects the fall of US currency. America has a staggering amount of debt--$1.3 million for every family; these debts will be accrued in some manner-- typically by fleecing the middle class, he warned.
The U.S. is moving away from being a "free economy" which depends on agreement and produces prosperity, Goyette noted. Instead, we're seeing a movement toward a "command economy, " he said, which produces shortages, and is run by "coercion," with resources, production, and consumption directed by a central command such as boards, commissions, and administrators. What has been taking place in industries such as insurance, automotive, banking, and health care are all examples of the "command economy," he detailed.
While credit card companies are slashing people's credit and forcing them to save, banks aren't offering any incentive for savers with their low return rates, he reported. As the dollar continues to be worth less, Goyette advised people to put some of their investments in gold and silver, and also consider other opportunities such as agricultural and natural resources.
Peter Schiff : Misguided Economic Euphoria 12/28/2010
Peter Schiff : the gold will go at minimum to $5000 an ounce it could go much much higher
Going into 2011 it is either the US or China that will suffer an EPIC FAIL. This will not end well for one of these powers at the expense of the other.
in overall analysis the US faces dark days, no doubt. but anything could happen- that's why china is a possible loser. war in Korea, somebody comes up with a time-machine in the US, who knows? linear thinking went out the window quite a while ago; so one must approach the world with a far more open mind than before the currently precipitated crisis.
Peter Lavelle and his CrossTalk guests discuss the nature of modern consumerism. One of the defining characteristics of modern life is mass consumption. Western lifestyles are being adopted globally. But with the advent of the global recession will those who were once rich now have to live more modestly? Lew Rockwell : The FED stimulates crazed consumerism we need to go back to saving and investing instead of over consumption and debt
A micro-funding site for my new book, "No More National Debt". To check it out, go to KickStarter and search for Bill Still.
For those of you who are a little pressed for time, I'm going to tell you what this book is all about in 60 seconds. Start the clock.
There are only 2 basic choices for who issues a nation's money:
1. we the people; or
2. banks.
The second alternative -- believe it or not -- is the case today -- for every nation on earth.
Think about this. Which do you want?
The issuance of the nation's money is the very definition of sovereignty.
• Without it, a nation CANNOT be sovereign.
• Without it, a nation must start borrowing.
• Without it a nation must borrow money -- all its money -- from bankers, and yes, they do charge interest on it.
Remember what Proverbs warns:
"... the borrower is servant to the lender."
That's why nations can ever get out of debt under this system, because all our money is borrowed from bankers. To reduce the National Debt is to reduce the national money. Politicians tend to ignore this embarrassing fact.
That's why governmental "austerity" measures will not work. Because the interest on the debt is growing faster than any possible cutbacks in spending. This never-reported fact is what is overwhelming every governmental budget everywhere around.
Peter Schiff has been right since ****2002**If this had just been Peter Schiff and the anchor it would have been infinitely better. It seems the anchor towards the end began to realize that Peter was the only person with a mote of intelligence.
Free to Choose: Part 1 of 10 (The Power of the Market) Featuring Milton Friedman Free to Choose Part 2: The Tyranny of Control (Featuring Milton Friedman ) Free to Choose Part 3: Anatomy of a Crisis (Featuring Milton Friedman)
John Stossel- Top 10 Politicians Promises Gone Wrong
Its hopeless. The elites will ride it all into the ground.They have bunkers
and gold plated everything.The whole machine has too much momentum.
The sheeple will believe the lies until the gubmnet goodies stop. I wish it was different.
The machine will squash a 3rd party.
Just prepare for the crash.Cash for clunkers is what we Austrian Economists call ''The Broken Window Fallacy" I hope that's not limited to just Austrians, but any sensible economist who realizes the negative aspects of government programs that seek short-term gain at the expense of long-term prosperity.
Peter Schiff What is happening in Greece will happen in America
Larry Kotlikov of Boston University calculated that the United States total debt is $202 trillion.Social wealth-fare States is collapsing one by one. And they are trying to fix it with more socialism, central economic planning, bailouts, regulations, more debts, spending stimulus,
Ron Paul/Andrew Napolitano 2012! VERY ARTICULATE, Judge. Well done! The Government is so corrupt and scared because 100 yrs ago it was easier to control a million people then to kill a million today killing people is harder and harder and controlling people is hard with the internet and alternative media.
Coercion and intimidation tactics of old simply does not work the only thing people respond to today is the Truth and Empathy
The Schiff Report : Commodities, dollar, interest rates, chinese inflation, U.S. deficits
Schiff Report Video Blog Dec. 13rd 2010 China Inflation is imported from America says Peter Schiff
SchiffReport : Government intervention lead to malinvesment, that create to much supply in some areas, and not enough in others. Then additional government intervention delayed the ability of market forces to reallocate resources
John Stossel explores the sad state of free speech at American universities
they do not get it when it is right in your face, but they sure like the check or free education due to the Affirmative Action laws...free speech means all speech. If there is some speech that is prohibited, then is it NOT "free" speech. That most emphatically means that the speech you hate the most, is the speech you must most fervently protect.
Peter Schiff [Austrian] debates David Epstein [Keynesian] on US Dollar strength and stimulus.
Austrian economics vs Keynesian economics. Which one makes sense?
real wealth is reflective of a Goods producing society , the United States no longer produces Goods , it doe's provide services but these services are not reflective in the consumer index as goods therefore these services are of a financial medium ie. ETFs, Derivatives , stock options limited to corporate heads which are traded back for cash ,,all represent sales,, but not of tangile goods but of empty financial instruments
Judge Andrew Napolitanoaddresses cutting edge issues of liberty. From "Freedom Watch" on the FOX Business Network. One of the most powerful freedom fighters alive, and I do not say that lightly.
I would amend his last statement however with "only when those who love freedom and hate the gov't increase in size and civilly disobey." It doesn't have to be a majority. We need only win the battle of ideas in academia and a portion of the semi-educated, working people to reach critical mass. The majority of people are sheep and go along with the ruling mantra, anyways.
Dec. 10 (Bloomberg) -- U.S. Representative Ron Paul, a Texas Republican who next month will take over as head of the House subcommittee that oversees the Federal Reserve, talks about his priorities and the need to consider "reforms" of the central bank. Paul, speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses the outlook for a tax compromise.No better man to do this, honesty, moral, ethical and For The People.
Ron Paul 2012 TX Congressman, and Pennsylvania native...(10-time congressman...two-time Presidential candidate...Air Force Flight Surgeon, OB-GYN who delivered 4000 babies...Economist--one of the few, in Wash, DC, who actually Understands Money...Leading Light for Liberty and Freedom in America.
December 09, 2010Peter Schiff : "...These Tax Cuts Are Undermining Our Economy & Preventing It From Recovery..." ..."We're just getting more government, more money being printed out of thin air by the Federal Reserve, that is undermining our economy, that is preventing it from recovering."Reduce govt spending, plus tax cuts and slow down the false money supply otherwise tax cuts doesn't mean nothing if prices for products keep rising to offset the decreasing value of the currency. Thats the message I got from this.
Companies in the USA are sitting on almost $2 trillion in cash. This is a 50 year high and should cause everyone to wonder why they don't want to hire and invest. My guess is its a combination of what the Gov did to GM, the Banks, Healthcare and tax rates. Private property rights have been destroyed and no one has a clue what things will cost down the road even 6 months.
Harrison, founder and CEO of Minyanville.com, has predicted for a while that deflation is on the horizon. Pento, senior economist at Euro Pacific Capital is -- like his Euro Pacific CEO Peter Schiff -- in the inflation camp.
Peter Schiff:"...unfortunately this is going to make the problems worse because yes we are cutting taxes but rather than funding the government through taxes we are gonna fund it through debt and the extra debt is going to undermine the economy more than lower taxes benefits , and of course a lot of that debt is going to be funded by the federal reserve monetizing debt that's why oil hit a two year high today , copper hit a record high you see commodity prices surging the CRB hit a new two year high so the cost of living is going to rise and that's going to hurt every American ......etc...
Tech Ticker was on hand last week at Minyanville's annual holiday gathering, Festivus. Many of our favorite guests were in attendance, so before we could partake in the festivities and libations, we decided to do some work.
Mixing business with pleasure, in this, case turned out to be a good idea, especially when we sat Peter Schiff of Euro Pacific Captial and Gary Shilling of A. Gary Shilling & Co. together. read more >>>>
Peter Schiff gained notoriety for his video blogs discussing the U.S. economy
Schiff's notoriety for financial predictions increased when a You Tube video entitled "Peter Schiff was right" became popular in late 2008 and 2009. The video consists of a compilation of clips of his many appearances on various financial news programs from networks including CNBC, Fox News, MSNBC and Bloomberg, most of which took place from 2005 to 2007. In the segments Schiff explains specifically the fundamental problems he saw with the United States economy at that time. Schiff's warnings of a coming economic collapse earned him the moniker "Dr. Doom."
In late 2006, Schiff predicted the housing bubble and resulting subprime mortgage crisis, and in late 2008, he predicted the automotive industry crisis and the crisis in the banking and financial markets.
Peter Schiff:"...The simplest definition of economy is the effort to maximize the availability of limited resources (and just about every resource is limited) to meet as many human demands as possible. Tools, capital, and innovation are the keys to this equation...." in 'How an Economy Grows and Why It Crashes, '
Peter Schiff :"...For all species, except our own, economics really boils down to day-to-day survival. Given the competition for scarce food, the harshness of the elements, the danger of predators, the vulnerability to disease, and the relative rarity of innovation, bare-bones survival (with some time left over for reproduction) is about all animals can attain. We would be in the same boat (as we were in the not-too-distant past) if not for two things: our big brains and our dexterous hands. Using the two together, we have been able to build tools and machines that magnify our ability to get more out of our environment. Economist Thomas Woods likes to challenge his students with a simple thought experiment: What kind of economy would we have if all machines and tools disappeared? Cars, tractors, iron smelters, shovels, wheelbarrows, saws, hammers, spears, everything. What if they all went poof and all that we consumed had to be hunted, gathered, grown, and made, WITH OUR BARE HANDS?..."Peter Sciff in How an Economy Grows and Why It Crashes,
The economic and monetary disaster which seasoned Wall Street prognosticator Peter Schiff predicted is no longer hypothetical-it is here today. And nobody understands what to do in this situation better than the man who saw it coming. For more than a decade, Schiff has not only observed the U.S. economy, but also helped his clients restructure their portfolios to reflect his outlook. What he sees today is a nation facing an economic storm brought on by growing federal, personal, and corporate debt; too little savings; and a declining dollar.
The US Federal Reserve released details regarding more than $9 trillion in emergency funding it gave both US and foreign banks during the global financial crisis. The Fed argues the program breaks no rules, however Peter Schiff, President of Euro Pacific Capital contends that the unilateral decisions made behind closed doors by the organization are unconstitutional and US judges should begin to enforce the law.
RTAmerica--December 02, 2010--At the height of the financial crisis, major financial institutions needed a bailout from the US government but the US is yet to impose stricter financial regulations, weakening the US dollar.
http://schiffradio.com Peter Schiff interviews Kelli Space, the 23-year old woman behind the blog twoHUNDREDthou.com, who will explain her attempt to escape $200,000 in student-loan debt.
Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.
Central Banks doing a run on Gold
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Central Banks Purchased 70.3 Tonnes Of Gold In April 2012! : Data from the
IMF showed that...
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John Embry & James Turk on The Gold Market Attack
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John Embry -- Chief Investment Strategist at the...
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2012 Canadian Moose Silver coin Wildlife Series
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This is the fourth coin released as part of the Royal Canadian Mint's
Wildlife Series. As with the Wolf, Grizzly and Cougar, this is a great
bullion coin w...
