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Peter Schiff: America officially a banana republic

Peter Schiff, who has correctly predicted much of the present financial calamity that is destroying the wealth of millions of Americans, now says that with the Federal Reserve's decision to print  money by the truckload, "America has now become a banana republic."

Schiff goes on to say, "It won’t be too long before our living standards reflect our new status. Got Gold?"

For more info: The Mother of All Bells from Euro Pacific Capital Inc.
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By

World News Examiner

Craig Meister, a former newspaper reporter, studied diplomatic history at the University of Pennsylvania, worked for the State Department and in...

Comments

  • gene wiley 2 years ago
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    if you read your history
    (which you most certainly have not)

    you would know this, if you weren't a mile wide and an inch deep.

    ***Peter Schiffs FUnds UNDERPERFORMED THE MARKET in the last 2 years - did you know that or even ask?

    ***His dad, Irwin Schiff is a FAMOUS tax -protester who spend years traveling the country preaching revolutionary rhetoriic while tell others NOT to pay their taxes,. - he is now is jail.

    DID YOU KNOW THIS? DO YOU CARE? ARE ARE YOU JUST ANOTHER LAZY REPORTER? I SAY YOU ARE

    DO YOU HAVE THE GUTS TO MAKE IT RIGHT OR WILL YOU IGNORE REALITY?

    WHAT A JOKE YOU ARE

    GENE WILEY

  • cory 2 years ago
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    Gene, the reporter is not talking about Schiff's investment advice. He is talking about schiff's public statements that have rightly predicted the housing buble and the coming massive inflation. There are a lot of people like yourself who are jealous of schiff and who are mad a schiff for exposing the many frauds who said housing prices would rise forever. Get over your sour grapes.

  • Norm 2 years ago
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    Gene, What does his dad have to do with anything. Should we judge Clinton on the status of his father? Do we know that his clients underprerformed? No, we know that those that jumped in at the worst possible time took a hit. Please add to the discussion rather than just throwing bombs. Can you explain how his economic mechanics are wrong? If not then I guess you'll continue to just throw bombs.

  • now 2 years ago
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    peter schiff is the only one that can be trusted at this time ! the rest are to busy spinning !

  • Mike 2 years ago
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    The other day the white house took questions and people voted for the best questions to ask Obama.. I asked basically Peter Schiff predicted this 2-3 years ago, and that what is currently being done will make things worse, why is he not being listened to and how can we trust the people that didn't foresee this. I had 25 people vote yes on the question and 32 vote no... I don't think people want to hear the hard truth.

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