informationliberation
The news you're not supposed to know...




Austrian Economics: Understand Economics, Understand the World
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
(more)
Article posted Jan 31 2013, 4:44 AM Category: Economy Source: Zero Hedge Print

Peter Schiff & Doug Casey On Gold, Investor Cluelessness, And The "Escape From America" Plan

by Tyler Durden

In just under 30 minutes, Peter Schiff and Doug Casey muse on many facets of the crumbling edifice of the status quo that is our current world.

From Gold's relatively imminent rise to $5,000 and beyond, to investor ignorance of reality, Casey & Schiff swing from discussions of the US as political entity going forward to 'escape from America' plans for personal and wealth assets, and the realization that the biggest casualty (of US indebtedness), aside from individual liberty, is the value of the dollar - as taxing the middle class is unpopular with both parties - leaving only one route for the government - the inflation tax. Owning gold, silver, and foreign assets is preferred and while the rest of the world is also printing, the US is likely to beat them all.

People "are clueless with respect to the true state of the global economy," with regard to inflation, fiat currencies, and specifically what will happen to the dollar. The conversation is wide-ranging and absolutely must-see as they remind market-watchers that "the whole thing is artificial," as you can't just keep printing money and monetizing debt without the dollar imploding with monetary policy descending (along with its trillion dollar coin) into 'Three Stooges' comedy.

The conversation weaves to some endgame discussions which bring Peter to discuss his father, who he sees as a political prisoner, and his views on the future...
"the biggest change that is coming to the global economy is a realignment of global living standards."
There is something here for everyone...






Latest Economy
- Financial Times Calls For Abolishing Cash
- CNN Tells Americans That The Stock Market Is Not Going To Crash
- Jim Grant: The Fed Turned the Stock Market Into a 'Hall of Mirrors'
- Why Hedge Funds Are A Colossal Waste of Money
- The Fed Is Spooking the Markets Not China
- Chinese Markets Crash Again In Biggest Collapse In 20 Years
- Marc Faber: The Global Economy Is Entering An Epic Slump
- Marc Faber On The Market Selloff









Comments Add Comment Page 1 of 1
Marc: Rotorua N.Z.

Posted: Jan 31 2013, 12:46 PM

Link
27252 People "are clueless with respect to the true state of the global economy," with regard to inflation, fiat currencies, and specifically what will happen to the dollar. Bullshit!. You fucking Yanks are printing money like there is no tomorrow. 192 people lost their job because the U.S. prints money and makes your dollar worth less and our dollar worth more. The Australian dollar is worth more than the USD and the NZD is at .85c. Our Prime Minister says we will not print more money, as that will only make things worse: However; I feel we can not hold out much longer.


Add Comment
Name
Comment

* No HTML


Verification *
Please Enter the Verification Code Seen Below
 


PLEASE NOTE
Please see our About Page, our Disclaimer, and our Comments Policy.


FAIR USE NOTICE
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy



Advanced Search
Username:

Password:

Remember Me
Forgot Password?
Register

Texas Town Fires Police Dept., Hires Private Citizens For Security -- Guess What Happened to Crime? - 08/28Jerry Seinfeld Hilariously Trolls Cops After they Shut Down his Son's Lemonade Stand - 08/28Police Make Instructional Video on How to Be Nice While they Rob You - 08/28Vester Lee Flanagan, Social Justice Avenger - 08/28Bill That Was Supposed To Limit Police Drone Activity Changed By Lobbyist To Enable Weaponized Drones - 08/28City of San Jose Looking To Attach Automatic License Plate Readers To Garbage Trucks - 08/28Cocaine Production Plummets After DEA Kicked Out of Bolivia - 08/28Reality Check: Is There A Link Between Mass Shootings and Anti-Depressants? - 08/28

Man Follows Speeding Cop, Finds Out He Was Speeding To Buy PeanutsMission Creeps: Homeland Security Agents Confiscate Women's Panties For 'Copyright Infringement'Cop Shoots Couple's Dog, Threatens Jail For Trying To Save Dog's LifeSWAT Team Shoots Teen Girl & Her Dog During Pot Raid On Wrong HomeDurham, NC Cop Testifies Faking 911 Calls To Enter Homes Is "Official Policy"Indiana Sheriff Says US A "War Zone" To Justify New MRAP Military VehicleTampa Cops Surveil Pot Dealer, Catch Him Selling Pot, Raid His Home & Kill Him"You Just Shot An Unarmed Man!": Witness Says Police Shot His Friend With His Hands Up
(more)

 
Top