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JOBS & GOLD
Posted by admin on December 18th, 2010
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@AtlasShruggery, what are you talking about? gold then was under $500 an ounce, now its around $1250, you don't call that inflation? I can't even buy a loaf of bread for $1 anymore, unless its some crazy sale, is that not inflation?
He never said it was going to happen in 2 years, he said he didn't know when it was giong to happen, but it was going to happen, look at where we are now
@cervantessssssssssss Schiff is not corporatist, he is the exact opposite. Libertarian.
Of course you can build a wall to keep business in US, but do you remember how it turned out in USSR? And this would be basically US turning its back on the prime principles of the country.
@winner502 Last I heard Nike is the biggest shoe Retailer in the world. The labor market is way too expensive in the US, it only makes business sense to manufacture them in China/India and Africa and THEN SELL IT BACK TO THE WORLD. it's cheaper to import nails then to make them in the US, come on use ur brain! A Chinaman can make the same amount of nails for 1/10 less money! Why would any business want to produce products with low margins in the US?
@plyadies your comparing gold prices today to that of the 1920-30s era, which is not a fair or true comparison given one important factor called inflation, the best way to compare the price / oz of gold bullion is what peter lynch advocates which is a ration against for example the dow average
from 1946 to 1971 gold was fixed at $35.00 an ounce which was to shore up the dollar but Pres. Nixon did away with the gold standard because of the cashing in of the dollar for gold. I was there and remembered all this happening.
The thing with Schiff being a corporatist is dangerous is, instead of bringing up the wages of our outsourced jobs, he wants to get rid of the minimum wage, and bring U.S. wages down to compete with them. Think about that.. how will you survive on 50 cents an hr? Nobody but the corporatists would be able to afford anything, including other food, property or services.
Not that I dont think US dollar is doing well, but when was Gold traded at $35 / oz ?
gold was artificially tied to the value of the U.S. currency for the period that the relationship was stable. That's not value in gold, that's just artificial pricing. It has varied dramatically, since, including a significant crash in gold prices during the 80s.
But by all means, invest all your savings in gold. If there's one thing we can learn from Peter Schiff, it's that hyped-up assets never collapse.
Gold soldfor $35 an oz. and now $1085.00. Does that tell you what your paper money is woirth...Death of the west...
I love this guy. He is direct, truthful, and indirectly hilarious.
I wonder if Schiffty Pete's call to bomb Iran has anything to do with his prediction that the price of gold will rise to $5,000 per ounce?
A friend of mine who was assigned somewhere in Asia befriended an old, rich widow who said to him. It is much better to have a producing farm than a big bank account. Gold and silver are good but they have their limits. She remembers her experience in WW II when even the rich are also getting hungry and even have to beg farmers to sell them food even if they are more than willing to pay in gold, silver, and jewelry. Medical supplies & facilities are a best buy but you must be a trained paramedic
OK, you want to lump in people who are PAID to support something, then you need to throw Al Gore under the bus too. He will profit by the millions if the climate change theory is accepted and the laws to control it are enacted. He's paid by a number of corporations that deal with emissions controls. Make sure to include that fact when you comment on any climate change video. Beck is paid by gold sponsors and Gore is paid by emissions controls manufacturers. No difference, right?
The Wall Street Journal employs and is owned and operated by a bunch of tools. They're all told what to say, what to report, what not to say by the same assholes that control ALL the mainstream media. Research CFR and learn who really controls what you see on regular news networks. It's all a scam and for profit only. The run stories that will profit the corporations that own them and steer clear of those that might cause them to lose money. It's a total hose job.
DON'T BUY YOUR GOLD FROM ANY IDIOT ON TV, RETARD.
Use a reputable local dealer you can trust.
Unfortunately these news reporters has an agenda, both personal and professional, to discredit people who are in the right so that they, these reporters, can save themselves from embarrasment and to protect their clients who has vested interests in maintaining the status quo and to destroy those who are exposing them. Reporters & journalists who allow themselves to be used by the powers that be who in turn are being supported and used by the greater powers that be, must be investigated, exposed
but if the economy plummets maybe we'll eat less and then we'll lose weight and live longer.
And you think the liberal pundits you listen to aren't full of sheeet? Who should I buy my gold from? Keith Olbermann?
You are such a gullible fool, seriously don't buy your gold from Beck
Before Gold sponsors, Beck supported Gold. Without Gold sponsors Beck still supports Gold. Gold commericials generally air on conservative shows, not just Glenn Beck. Groups like Media Matters that are making a big deal about this are trying to make it out as though there is a conflict of interest, when there is none. But this is the kool-aid you drink. Live in ignorance and be manipulated. Then again, you are young and foolish so maybe u will learn. Thanks for the last word. haha
Its not an accusation, Beck supports Gold, Gold pays Beck to support them...stop trying to paint it as theory when its fact. And You guys are genius, look how many people you've fooled, in typical Right wing Fashion...which usually includes a pair of high heels in your closet. Excuse me I have to put some water in your mothers dish. Enjoy the last word, i know you fiend for it.
I gave you substance, I showed you Beck talking about Gold long before any sponsors.
You made an accusation about Beck. I gave you the other side. And all you really have to say now is "you guys are genius" -in typical troll-like fashion.
As opposed to few words no substance? You're really swinging for the fence on these short quotables, short concise easy to remember talking points...like i said, you guys are genius.
@729Drew
Lots of words, no substance.
Keep drinking the right wing kool aide trav, mmmm ignorance really is bliss isnt it lol...dont patronize me, you are the walking talking embodiment of manipulation lol, who needs a PR dept when you can produce walking talking propaganda machines out of your viewers. Its win win, you boys are genius, have a great day