sachem515 (November 30, 1999 at 12:00 am)

Yeah but someone needs to yell fire when the financial world is on fire.

Jacobrester (November 30, 1999 at 12:00 am)

Peter Schiff is such a huge alarmist it is ridiculous.

nemnaisa (November 30, 1999 at 12:00 am)

Please don't listen to Jim Puplava. He is completely wrong on the timing of oil and gold, and his many other predictions. The fact that OPEC is willing to trade oil at $35 USD range suggests that USD is still regard as the world currency in trade settlement at least for a long while. If you listen to his apocalyptic talk, it is a guarantee that you will lose money.

Pepelectro (November 30, 1999 at 12:00 am)

Okaym I am not an econimist yet. Take a $100.00 USD go get your groceries, a pair of shoes, toothpaste, buy fast food lunch at the mall or elsewhere, etc. your total is: $***.** NOW go back just three to four years ago and do same all, same $100.00 USD Bill how much did you save? or was it same deal? Imagen ten years ago. now research for salary increase. then compare it. also find out what is the USA national debt. or budget deficit. or ask Peter Schiff. also watch on "youtube"

chootlund (November 30, 1999 at 12:00 am)

This dollar rally is a total head-fake engineered by the US Fed, so them and their cronies can buy gold at favorable prices, and THEN they will devalue the dollar. They think they will be able to "manage" this devaluation,just like the rally, but boy, they will be WRONG. Most weak parties will sell their Gold about now due to disappointment with its performance (which is what the cartel wants). What do you think will be left standing when this ends - gold or USD?

nemnaisa (November 30, 1999 at 12:00 am)

I totally agree with your point. I follow these and others for many months. They are good in theory but their investments are losing major money for their clients. They should have anticipated this down turn. Hyperinflation comes much later. I have lost respect for these people. Don't believe in them. The world is not ending just yet.

1MSNARA (November 30, 1999 at 12:00 am)

the way i understand it, if i save $100.00, the bank loans $325.00 of pretend money at 9% interest, on a promised 30% increase or better...so my $100 is a pretend $1,255.00 or so, that does not exist. CLOSE? multiply that by 8,000,000,000?...

NicNasty1981 (November 30, 1999 at 12:00 am)

at anything about $900-1000 dollars(cant remember what he said) Im not talking from experiance max just said that he cant find any real gold for the market price and thats what its going for in the black market. Its gonna rocket come december

NicNasty1981 (November 30, 1999 at 12:00 am)

Yeah i heard a Max Kieser vid with him predicting Russia will fuck with the gold martket come December. Ive seen him predict the crash along with Iceland and a few other things. Although gold has been killed it is still the safest bet with all the countrires that have made mention of moving to a gold standard its best to take advantage of the artifically low gold price. Also like to say the gold price in the stock market doesnt reflex its real price cause traders arent able to buy real gold

jdouche (November 30, 1999 at 12:00 am)

All three of the people have been in the hyperinflation camp for years. They all thought that housing was a bubble that would pop and then the government would print money and ruin the currency to save the broader economy. Despite their knowledge of the situation, Peter and Jim have not given the best financial advice for the past few years. Gold miners and other stocks they have recommended have been killed lately. I think this deflationary period has extended further than they thought.