Peter Schiff : Printing money to buy bonds is decisively negative for the bonds , because the worse thing that could happen to a bond holder is inflation is that the value of their bond in real purchasing power is diminished and that is what is happening , treasuries and dollars will buy a lot less gold and of course over time the number of ounces you will be able to buy for your dollars will continue to diminish
THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
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If I were Peter Schiff, I wouldn't fly anywhere for any reason. The truth will not be tolerated by the Federal Reserve and the Zionists that control our currency, the media and our government. Thank you Mr. Schiff for having the courage to tell the truth. "In a world of universal deceit, telling the truth is a revolutionary act." Orwell
ReplyDeleteCondo association dues higher than the mortgage payments will cause many others to walk away from their loans. The banks need to bite the bullet or they will make the situation worse.
ReplyDeleteMr. Schiff I read that, Tropos exposure shifting the markets; it has already put the US. into a technical default by servicing notice of default to the Federal Reserve along with the Bureau of Public Debt, senator Harry Reid and the Office of the Comptroller of the Currency had been notified of this , but were waiting on Obama to act, this could send shockwaves through the global debt markets, and a volcano for gold and silver. proof of it check report #26 at www.Tdarkcabal.blogspot.com
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