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Peter schiff on the dollar collapse, watch below and read responses also. Please

mal 2012/09/20 13:10:48
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  • Bob DiN 2012/09/21 16:41:56
    Bob DiN
    When we default which is in the near future, all hell will breakout. I'm buying gold, silver, cooper and food stuffs. We'll know what its like to in third world nations because we'll be one. You can blame our spend happy officials.
  • Matt 2012/09/20 18:49:53
    Matt
    +2
    Buying gold is probably a very bad choice. When the banks start collapsing, the government will confiscate it to "shore them up". Buying silver is equally as bad because when the price reaches a certain level, new mines will open and old mines will reopen. You had better have food, shelter and a way to protect them and your family. A still to produce your own alcohol for fuel might be a wise investment also.
    ______ ______ ______ ______ ______ ______ ______ ______
    The Gold Confiscation Of April 5, 1933
    From: President of the United States Franklin Delano Roosevelt
    To: The United States Congress
    Dated: 5 April, 1933
    Presidential Executive Order 6102

    Forbidding the Hoarding of Gold Coin, Gold Bullion and Gold Certificates By virtue of the authority vested in me by Section 5(b) of the Act of October 6, 1917, as amended by Section 2 of the Act of March 9, 1933, entitled

    An Act to provide relief in the existing national emergency in banking, and for other purposes~',

    in which amendatory Act Congress declared that a serious emergency exists,
    http://www.the-privateer.com/...
  • burning... Matt 2012/09/21 05:14:51
    burningsnowman
    +2
    Exactly, if there's an actual collapse what you want are tangible goods and TONS of ammo that you can barter or store for yourself. Only fools fall for this goldline garbage.
  • ordman 2012/09/20 14:31:41
    ordman
    +2
    I agree the coming economic collapse of the world’s fiat monetary system is just around corner.
  • mal ordman 2012/09/20 17:18:48
    mal
    +2
    hence,the drones.bullets and fema camps....
  • Matt mal 2012/09/20 18:51:34
    Matt
    +1
    I believe that the FEMA camps are for the people who resist having their gold confiscated.
  • Philo-CommieHater! 2012/09/20 13:38:40
    Philo-CommieHater!
    +2
    If (when?!?) the dollar collapses, so will society. The only precious metals that will mean much will be:
    precious metals ammo copper  brass  lead
  • mal 2012/09/20 13:11:03

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