Dumping of US Dollar continue.

[Devil Within]

Gold hit another record high on 6th Oct 2010.

Peter Schiff report blog 6th Oct 2010
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[neddy]

Gold hit another record high on 6th Oct 2010.

Peter Schiff report blog 6th Oct 2010

Peter Schiff rubbish again!
This guy is an excellent marketing man for Perth Mint govt-backed Gold.

Peter has been taking some out-dated economic theories thrown out by the Germans and repackaged them to today's world without a Gold standatd. But what he cannot deny is that Gold is only a commodity these days and the bi-metal world has long gone. The world can never return to the Gold standard - otherwise Gold would be so undervalued and should be worth more US$3000 today

He deserved to be cut-off in the CNN interview for his doom day forecast!

I have been investing in Tin, see how good the price has became.
Invest in Malaysia tin mines.

 

[Devil Within]

Peter Schiff rubbish again!
This guy is an excellent marketing man for Perth Mint govt-backed Gold.

Peter has been taking some out-dated economic theories thrown out by the Germans and repackaged them to today's world without a Gold standatd. But what he cannot deny is that Gold is only a commodity these days and the bi-metal world has long gone. The world can never return to the Gold standard - otherwise Gold would be so undervalued and should be worth more US$3000 today

He deserved to be cut-off in the CNN interview for his doom day forecast!

I have been investing in Tin, see how good the price has became.
Invest in Malaysia tin mines.

He was the very few who foresaw the collapse of the Sub-prime, and banking in since 2006. Whatever "out-dated" economic theories he has, it worked well for him well as a smart long term investor.

http://www.europac.net/media/lectures_amp_debates/peter_schiff_mortgage_bankers_speech

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[zuoom]

if gold is so called undervalued, then it still make sense to put money into gold.

crazy. 13xx an ounce.

o, noticed that the main ST papers got a typo. they put something like 60 odd dollars an ounce. wonder why the editors did catch it?