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Investors Ditching Before the Fiscal Cliff (Peter Schiff)
TMO ^ | 12-6-2012 | Peter Schiff

Posted on 12/06/2012 7:20:30 PM PST by blam

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1 posted on 12/06/2012 7:20:36 PM PST by blam
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To: blam

Good article but I’m thinking that those with ammo are far better off.


2 posted on 12/06/2012 7:32:26 PM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
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To: Obama_Is_Sabotaging_America

Yes, it’s like that kid’s game. Rock, scissors, paper. The lead will be the gold and silver everytime though.


3 posted on 12/06/2012 7:37:16 PM PST by Wisconsinlady ("Never give the devil a ride; he will want to take over the driving.")
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To: blam
How Fracking Could Save The Dollar

The U.S. is on track to become the world’s largest oil producer in eight years and the biggest producer of gas in five, according to the International Energy Agency, which projects energy self sufficiency in 25 years. That remarkable turnaround not only shifts the U.S. relationship with the Middle East but, as economists at RBC Capital Markets predicted in recent research note, will reduce energy imports so far that it will shrink the U.S. trade deficit and eventually convert the current account deficit into a surplus. Inevitably, RBC argues, this will provide long-term support for the dollar.

4 posted on 12/06/2012 7:56:14 PM PST by blam
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To: blam
I was posting Schiff weekly here for a couple of years but he is making the exact same predictions he made in 2009, making it sound imminent.
He has no way of knowing exactly how inflation will be played out especially the timing.
The European debt crisis kept some of his predictions from happening so far.
5 posted on 12/06/2012 8:33:32 PM PST by sickoflibs (Has Bohner caved yet? And called it historic again?)
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To: Obama_Is_Sabotaging_America

I agree. Just bought a 30-06 today (my reach out and touch someone weapon) to round out may arsenal. Now will be stocking up on ammo for it to match the stock for my other weapons.


6 posted on 12/06/2012 8:34:06 PM PST by RetiredTexasVet (The law of unintended consequences is an unforgiving and vindictive b!tch!)
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To: blam

Oil could go as low as 25.00. Inflation adjusted when it was 10.00. It could super charge the economy and payoff the deficit.


7 posted on 12/06/2012 8:36:42 PM PST by Orange1998 (Please DO NOT PRESS CTRL W)
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To: blam

Only way out of this mess is for some countries to band together and force oil off the dollar. Then the dollar would plummet and the US government would not be able to sell as much debt. Yeah, it’ll be hell here, but we deserve what’s coming.


8 posted on 12/06/2012 8:47:33 PM PST by gotribe
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To: sickoflibs
I understand his frustration. Even NBER called the Fed's efforts to prop up the economy "extraordinary."

What's happening is a mutual game of "let's pretend." Both sides of the Atlantic are playing it. They give each other credit lines and pretend it's real money.

The house of cards will come tumbling down; a long wave contraction like this requires it.

It's the "when" that has everyone guessing (except the clowns in DC, who think they can print to "infinity").

9 posted on 12/06/2012 9:01:38 PM PST by TheWriterTX (Riding the Long-Wave Economic Contraction, Baby!)
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To: sickoflibs
Peter has trouble understanding inflation in certain ways.

He is on the hyperinflation, gold 5K bus. But, we already have high amounts of inflation! The Dow is inflated, housing, and we exported 'inflation' to China.

10 posted on 12/06/2012 9:07:17 PM PST by Theoria (Romney is a Pyrrhic victory.)
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To: Obama_Is_Sabotaging_America

Those with ammo = Department of Social Security and Department of Education.


11 posted on 12/06/2012 9:14:45 PM PST by ExxonPatrolUs (The Ameritopian Motto: Gov The Sheeple, Buy The Sheeple, Bore The Sheeple)
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To: blam

But blam, you have to understand that one of Obama’s goals this term is to end fracking and all other domestic energy production, except for solar and wind power.


12 posted on 12/06/2012 9:32:59 PM PST by Thunder90 (All posts soley represent my own opinion.)
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To: blam

That’s why I’ve shifted all my funds from aggressive to conservative.


13 posted on 12/06/2012 9:42:14 PM PST by TheRhinelander
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To: Obama_Is_Sabotaging_America

In addition to that, I’m investing in big bags of large breed dog food to take care of my other security measures.


14 posted on 12/06/2012 11:36:13 PM PST by Pining_4_TX ( The state is the great fiction by which everybody seeks to live at the expense of everybody else. ~)
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To: ExxonPatrolUs

..and U.S. Weather Service, Forestry Service and DHS. They all purchased millions of rounds at about the same time as SS and DE.


15 posted on 12/06/2012 11:36:40 PM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
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To: Thunder90

Solar and wind are like unions = money laundering operations for the Fat Cat Socialists. If only Solyndra had been investigated.


16 posted on 12/06/2012 11:39:26 PM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
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To: blam

Until these past two years gold was not above $800 and for most of its history was never above $100 an ounce. It skyrocketed these past two years. I will not pay $1800 for gold because when the bubble bursts (because people are afraid now) the price will tumble back down to under $800. I see no advantage there. It happened in real estate and it will happen in gold.

If land prices dropped - remember they can’t make more of it - what chance does anything else have?

I’m going to stock up on plenty of firearms, ammo, food and water. Bury whatever money I have left and just sit tight.


17 posted on 12/07/2012 5:17:43 AM PST by New Jersey Realist (America: home of the free because of the brave)
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To: Obama_Is_Sabotaging_America
..and U.S. Weather Service, Forestry Service and DHS. They all purchased millions of rounds at about the same time as SS and DE.

And of course, the IRS. I bet they get the fully automatic guns too.
18 posted on 12/07/2012 6:11:16 AM PST by crosshairs (Hurricane Barry is 1000 times more destructive than Hurricane Sandy.)
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To: crosshairs

I think the regime’s agencies loaded up on ammo so that if Romney (by some miracle, given 0bama’s massive voter fraud machine) won the election, 0bama’s agencies were prepared NOT to leave office.


19 posted on 12/07/2012 10:26:33 AM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
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To: Pining_4_TX

I love large working breeds. Have owned 2 and am on the 3rd, which is still just a puppy. I likely will not be able to handle another one when this guy goes to the Rainbow Bridge, though, as I will be around 82, then. They live 12 years +/- and usually become mellow wussies by age 10 or so.

My dogs have been Akitas and they are what is known as frugal eaters, so the costs aren’t all that bad. But you do have to factor in 18-24 months of training in order to have a reliable security guard that can also be trusted to discriminate between visitor and enemy and still be a loving family member.

Right now, the 14-week-old puppy loves everyone and everything, even the old cat who hates his guts.

With some breeds, you also have to be aware that there are people who will consider them *vicious* and your home-owners’ insurance company may decline to cover because of them.

Then, there is the fact that they can easily be shot from a distance.

I really believe one should own these guys because you love them, want to give them a wonderful life and intend to share your home with them for over a decade. I’d rather train one to be a pack dog or weight-puller than a major source of security besides a simple announcement of someone’s arrival on the property.


20 posted on 12/08/2012 6:11:22 AM PST by reformedliberal
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