Yesterday, Peter Schiff appeared on After the Bell on Fox Business to show Liz Claman in person how the Valcambi gold CombiBar works. These unique gold bars break into 1-gram pieces, perfect for bartering in case of an emergency.
“If we have a currency crisis, people might not be willing to sell you anything for worthless paper. They might want real money. And the beauty of these bars is that you can break them apart… Ben Bernanke is going to keep on printing money to artificially stimulate the economy. He can never stop, because this whole phony economy is built on cheap money. The minute you take away the cheap money… the government has to default on its debt. It’s like Greece, it’s like Cyprus…”
The only thing stopping me from buying bullion was actually the relative complexity of storage and actual real life trading. And it all just went right out the window! Thank you Peter it really seems like you’re doing god’s work!
Peter,
I’ve been buying gold on your advise for a long time and I’m a big believer. I’ve read several things recently that lead me to believe that there is a coordinated effort on the part of the Fed to tank gold prices. Are you concerned about this? Do you think they can get away with it? What are your thoughts?
Keep fighting the good fight
Thank you for your support, John. We do not endorse any theories of manipulation of the precious metals market by anyone. Whatever the cause for the recent downturn, we have faith in the fundamentals that support gold’s rise in the future. Watch Peter’s latest video post for his explanation of the recent downturn.
Gold 2000! – In a few years that is…