This video and comments are just opinions. Please consult with a certified financial advisor. I DO NOT GIVE FINANCIAL ADVICE. Fox Business Host Asks Peter Schiff when the dollar will strengthen. Peter tells him it will never happen. Possibly when pigs fly. Dollar Collapse.
Peter Schiff – Gold At $5000.00 By 2012? – Dollar Never Recovers? – Game Over?
Posted by admin on January 28th, 2011

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@xteam11 CANADA THE BEST ECONOMY IN THE WORLD AMERICA IS ALSO DOING FINE, LOOK AROUND
@amcanmike
Great??? hahahah lol ..where are you living ?? mars??
i told u guy long time a go that zionist elite will use america for war and many other thing end they will destroy american econ so u will be 100% rely on them.
It is amazing how people get carried away with the sound of their own voices and completely lose the ability to reason. There are always new solutions for new problems. One cannot predict the future by looking at the past. Chances are greater if one simply understands the present.
WRONG AGAIN SCHIFF YOU DOOM AND GLOOMER, AMERICA IS DOING GREAT.
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@TrojanMike60
He also said gold would hit $1,200 an ounce in this same video.
Gold is currently approaching $1,400 an ounce.
:p
@TrojanMike60
dude, alot can happen in two years. Not saying it's absolutely certain, but if gold prices keep following an exponential path, it's possible
@hardkoregamer999
Relax, Fox Business is actually one of the better news networks out there. They were arguing their points to be devil's advocates and to engage in discussion. There was no ad hom, pandering, or other bullcrap that cable news channels usually pull off
It's 2010 and gold is not even close to $2k per ounce. Schiff got the housing bubble right that doesn't me he isn't capable of being wrong. People think he is some kind of financial god.
I'll take words of Peter Schiff over anybody else after watching this clip.
..I felt dirty after watching those reporters. Wow.
Fox News has to keep selling that the SALARY of corporate programmed Republicans is all that matters so they keep running on the wheel like hamsters. "I'm ahead of you! I'm better than you!"
Going to be funny when everyone is laughing at THEM.
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Don't know whether to press like or dislike.
god what a bunch of drones
@jiveturkeyusa "What can you do with gold?" What can you do with a stock certificate?
Save the tapes so these reporters can look like the other idiots that laughed at Schiff before the stock market collapse.
Save the tape so the reporters can look like the other idiots before the stock market collapse that Schiff predicted. "What do you do with it?" What do you do with a stock certificates?
His predictions I believe are not that far fetched. Gold today is $1400 an ounce. Just a week back it was $1300 a few months back $1200.
@pippismo yea everyone has focused on the physical destruction of the world in movies and literature but seem to neglect the internal problems of economics in fraud and corruption. so these criminals keep getting away while all of us are distracted.
@BOGZASV8MA funny, I have only recently started to think this way.. I think in 2012 we will not only see the collapse of the dollar, but also the collapse of the current economic system.
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@romanmel1
In Viet Nam we cut the gold bar into many small pieces then trade with it. You do get lots of food for a little piece of gold.
I think the end of the world in 2012 really is the END OF THE DOLLAR in WORLD HISTORY.