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Interesting analysis/opinion on the politics of gold by Peter Schiff.

Another one for the "for what its worth" pile.

Political candidates monetary policy positions.

Learned some things I did not previously know.

"The direction of gold under most candidates is fairly easy to predict - it will continue appreciating against the falling US dollar. This is simply because these candidates will not even attempt to address the disastrous fiscal and monetary policies that have brought us to this point." Peter Schiff

There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
–John Adams, 1826

Comments

  • DoubleEagle59DoubleEagle59 Posts: 8,307 ✭✭✭✭✭
    ........"better put on your mining hats, because the gold rush is on" (Schiff quote if Obama gets re-elected).
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    I have never regretted following his advice. Saw a good youtube where he showed up at the #occupy demonstration with a video crew and a sign that said "I'm the 1 percent." He proceeded to let them know he agreed with them but they were at the wrong address. He suggest 1600 Pennsylvannia Ave. in D.C.

    Saw another clip of him testifying before congress about the economic mess where he first thanked them all for seeing to that his business of protecting people's wealth and selling precious metals was thriving. He then proceeded to tell them what they needed to hear not what they wanted to hear. He is a very smart man on markets and economics and I recommend that anyone wanting to learn more read everything they can from this man.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • "Im already driving up to Alaska" thx image

    gary-
    Ebay Seller Americansilvereagle 800+ feedback
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