Peter Schiff Was Right

Just got this video off a Vodie Baucham Ministries blog post , you can read the original post here.

 

Anyway, on to the video. Watch Peter Schiff (who, by the way, was Ron Paul’s economic adviser) predict not only the recession, but the true cause, the timing, and the magnitude, way back in 2006 as so-called economic experts literally laughed at him.

 

Vodie Baucham puts it well, “I [can] barely keep my chin off the floor”. To be frank, I’m having trouble hanging on to my jaw as well ;-)

 

 

Whoa, whoa, whoa… wait a sec here… Back in ‘07 they said to buy Washington Mutual? Didn’t WAMU go down the tubes in late ‘08? Didn’t Peter Schiff say to stay away from finance companies? Didn’t Schiff say to buy gold shares? So where is the gold price now? I’ll tell you where the gold price is, it’s at almost $1000 per ounce!!!!

 

Go Peter Schiff! GO RON PAUL!!!!!

 

-Graydon

4 comments:

Anonymous said...

What does Ron Paul have to do with it?

Graydon L said...

Peter Schiff was Ron Paul's economic adviser for the '08 presidential campaign. Also, They both hold the same beliefs about the economy.

Melissa said...

Graydon, you can't put words in Ron Paul's mouth, he (Paul) hasn't said what Schiff is saying.

I don't know either of those people so I can't say that they don't totally agree on it and were thinking the same thing but still you can't say they do, so don't put words Paul's mouth.

Melissa

Graydon L said...

Excellent point Melissa! However, I can tell you haven't read any of Ron Paul's books. These two men (especially Ron Paul) have said what they're saying now since the '80s.

Obviously, they didn't say to avoid WAMU way back then, but they did say to buy gold.

I'm not putting anything in Ron Paul's mouth. He's been saying it for almost 30 years.

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