Peter Schiff won't back down: 'The dollar is going to crash, buy gold now'

Schiff's been screaming financial doom for who knows how long?

He's a mouthpiece for metal tards.

Peter David Schiff (born March 23, 1963) is an American businessman, investment broker, author and financial commentator. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut and CEO of Euro Pacific Precious Metals, LLC, a gold and silver dealer based in New York City.

Paul Reubens (born Paul Rubenfeld; August 27, 1952) is an American actor, writer, film producer, and comedian, best known for his character Pee-wee Herman.

But these characters are played by the same actor. Just stop to think about what this means. It explains how Peter Schiff knew about the impending Great Financial Crisis, because his associates/employers were the ones who would engineer it. Simple. This act of predicting the GFC is what built Schiff's brand.

In a May 2002 interview with Southland Today, Schiff predicted that the economic downturn triggered by the bursting of the dot-com stock market bubble, an event that he had also forecast well in advance, would lead to a bear market likely to last "another 5 to 10 years." Later that year, following a 30% decline in the Dow Jones, Schiff reversed his call, and became bullish on U.S. stocks in nominal terms. However, he remained bearish in gold terms. In November 2002, as Schiff predicted, US stock indexes began a nominal bull market uptrend that held steady for five years.

[link to www.gramsgold.com]

This month the physical gold market will undergo radical change when the four London fixing banks hand over the twice-daily fix to the International Commodity Exchange's trading platform on 20th March

It's true. He has been saying this for years. This time he is right.

Great interview, must watch for everyone!

Gold is only going down relative to the USD but in all other currencies gold is going way up.

In 1933, FDR forced people to turn in their gold in exchange for paper "money" at the rate of $20 paper for one ounce of gold.

Look here [link to amark.com]

As I write this, a one ounce gold coin is $1,298.00.

Using this your "average" yearly wage in America last year of $43,041, that is 33.15 ounces of gold, or $663.19 in 1933 dollars.

The average yearly wage in America is $663.19.

Americans have been robbed.

You have quite the emotional investment in this. Tell me again how he's a shill. Come on, you know you want to.

It's true. He has been saying this for years. This time he is right.

No currrncy lasts forever.
Gold will always have a certain value.

No He Isn't. Buying Gold is Stupid, It Doesn't Produce Income.

Gold is only going down relative to the USD but in all other currencies gold is going way up.

No He Isn't. Buying Gold is Stupid, It Doesn't Produce Income.

No He Isn't. Buying Gold is Stupid, It Doesn't Produce Income.

You have quite the emotional investment in this. Tell me again how he's a shill. Come on, you know you want to.

Ya can't eat gold.

Regardless, 99% of financial doomtards are trying to sell something.

Ya can't eat gold.

Regardless, 99% of financial doomtards are trying to sell something.

he's been saying the same stuff for decades.
one day he'll be right.
but not in his lifetime.

It's a store of value, idiot. Wait until everything else crashes then only hard assets like gold will remain.

Not if he dies today at noon.
It is inevitable that there will be an inflationary blowout,
has to happen, math says so.
Like predicting that a Caddy that has gone off a cliff will
crash sooner or later