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KYnyts · 03-19-2012, 05:47 PM

to hear Peter Schiff trying to talk the Saudi's into manipulating gold prices. Why can't everyone just allow the market to determine the price of gold? :::sighs:::

SonofYAHWEH · 03-19-2012, 06:10 PM

That would not be manipulation, that would just be what happens to the market...I think you are taking that conversation out of context

03-19-2012, 07:23 PM

Why do you say that Peter is trying to talk the Saudi's into manipulating gold prices?

SYGY · 03-19-2012, 11:13 PM

Buy the Crap outta it! We won't mind Angel

Mojofabulous · 03-20-2012, 04:38 AM

Has nothing to do with this video, i havent even watched it, but i really don't like peter schiff. I don't know why. He just gives me bad vibes, i can't explain it further than that.

03-20-2012, 05:21 AM

peter schiff is brilliant..

Mojofabulous · 03-20-2012, 05:39 AM

(03-20-2012 05:21 AM)nigerian prince Wrote: peter schiff is brilliant..

He certainly is, that still doesnt change the fact that he gives me bad vibes :-p

Ivan · 03-20-2012, 06:40 AM

peter schiff is awesome. going to see him today at the ft. lauderdale seminar. he will be talking about how high he thinks gold prices will rise. should be interesting to see him live and he better sign my book.

KYnyts · (This post was last modified: 03-20-2012 12:35 PM by KYnyts.)

(03-19-2012 06:10 PM)SonofYAHWEH Wrote: That would not be manipulation, that would just be what happens to the market...I think you are taking that conversation out of context

You could be right. It just struck me as being no different than dumping a lot of silver in order to drive the price down. I heard him telling them to buy massive amounts of gold and don't let any of it circulate in order to drive the prices up.

Maybe someone should explain this whole "manipulation" thing to me, because maybe I have it wrong. ::sighs::

For the record, I like Peter Schiff, too, which is what made this disappointing to me. Then again, as you said, maybe I just don't have a good grasp on what manipulation is. I certainly don't want to falsely malign Peter.

Mojofabulous · 03-20-2012, 06:41 PM

I think the main difference anyone sees is that schiff(I'm assuming) is advocating buying up physical bullion. The money masters that we're fighting are using the paper market to manipulate the physical market. In schiff's case, those people are actually storing wealth(which will eventually be spent). In the other, they're just causing distortions in the market.

KYnyts · 03-20-2012, 07:07 PM

(03-20-2012 06:41 PM)Mojofabulous Wrote: I think the main difference anyone sees is that schiff(I'm assuming) is advocating buying up physical bullion. The money masters that we're fighting are using the paper market to manipulate the physical market. In schiff's case, those people are actually storing wealth(which will eventually be spent). In the other, they're just causing distortions in the market.

I do see a difference between holding the physical versus the naked shorts...so maybe that is where the distinction is.

Ivan · 03-20-2012, 10:14 PM

wow, that was fun. its like going to economy/comedy..... He says that what you seen in greece is coming here in the states but worse and soon. he is a funny guy and very well spoken. had a blast.

i did not get the book sign, to many people were in line and my family was waiting for me. oh well, can't wait for his next book.

Ivan · 03-20-2012, 10:22 PM

also he says, gold is good investment, equities are good too for coming inflation. just know which ones will hold during the collapse. he also suggest different currency. he was very optimistic about china while in states we will have currency and bond crises very soon.