Goldman Sachs Trying To Flush Out Gold Sellers?

Peter Schiff on CNBC Europe (10/11/2013) Listen to the Peter Schiff Show Live Weekdays 10am to noon ET

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.

SEC Accuses Goldman Sachs of Civil Fraud

Apr 16 : Finally something is starting to change , The government is now accusing Goldman Sachs & Co. of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the housing market was collapsing. we know that wall street has become a lawless casino , is the government ready to step in and bring some order ???

Peter Schiff on the Derivatives and toxic Assets Impact

We Should have let them go bankrupt and here they are making more money than never before says Peter Schiff

The derivatives allow tremendous amount of leverage , but the problem comes with the counter parties , the reason that AIG went banckrupt is because they could not afford to make good on the obligations on those contracts and the irony of the whole thing Goldman Sachs the firm that originated the most toxic pools of securitised mortgages , 20 percent of the securitised subprime mortgages were created by Goldman Sachs, and Goldman Sachs knew that they were crap , and as they sold these toxic assets to their customers , they knew that they would fail that's why they bet on the fail of AIG , they knew that it was crap because after all they packaged it ...so Goldman Sachas got the government to bailout AIG , so that AIG could pay back Goldman Sachs Peter Schiff explains ...at the money they have bet that the product in securitiesed would fail ...I mean the whole thing was a fraud ...we should have that firm gone bankrupt and here they are making more money than never before