Peter Schiff's Message to Switzerland: Save Your Currency and Your Country



Peter Schiff appeals to the Swiss people to vote "yes" on the Save Our Swiss Gold initiative on November 30th. Learn more and donate here: https://goldswitzerland.com/swiss-gold-initiative-2014/

Comments

  1. WELL, THE SWISS VOTED " NO " ON GOLD...............................FOOLS !!!!!!!!!!!!
  2. The elite are nothing more than a bunch of  devil who worship satan. 
  3. The Elite wants all nations to go into debt and devalue their currency. The elites has inflitrate all nations and carry out this mandate. It is now up to the common sense of the general  public to stop them .If the elite succeed , the people in the world would have to pay a very high price. With their life , their labour and their money value .
  4. The money printers stole the Gold from the Ukraine people after the US sponsored coup, Go Figure.
  5. Pissing into the wind I'm afraid, the world will wake up one morning and it's 1929 again--- of course it'll be some-one else's fault and watch WW 3 start,.
  6. Wow. What a disaster. How could the Swiss do that? I thought they were an enclave or rationality.
  7. Peter every time I listen to you I'm blown away by your incredible economic intelligence! You make the subject so logically clear that I find myself wondering how it is that your not a minister of finance and working for the government.
  8. what a nice gem in the ocean of stupidity
  9. Peter is wrong on almost everything. His only real utility value is that of a "contra-indicator."
  10. Peter how do i know you dont know anything? Your lips are moving. Your assumptions of what you know are pathetic. Swiss franc was strong because they have stolen all the gold from Jews. Welcome in the real world.
  11. Im guessing if they vote yes,then their currency will be back by gold then?
  12. I love it when peter schiff talks about deflation. I was always taught 2% is healthy and I just thought 'yeah I kind of feel that's about right', not questioning the propaganda. This is why hearing peter schiff explain things in such a simple way is so entertaining and makes an educated krynesian look like a retard
  13. Nice one Peter! Say no to the EU bandits!
  14. Get rid of the Muslims. The bankers already stole all the gold.

  15. I love Peter Schiff. I have a couple of questions, though. 
    1. Swiss depress the Frank because otherwise it'll overshoot and swing way higher than its intrinsic value. There was (still is) irrational demand for more Franks than there reasonably should be in circulation. Swiss responded by printing more Franks, rather than letting Frank appreciate. Much like Norway responded to the sudden oil fortune by setting up a sovereign wealth fund and putting breaks on the industry instead of just letting itself become another Saudi Arabia.
    In other words, if Frank wasn't at least somewhat dampened, Franks would buy pretty much anything swiss people want, so people will have to work much less. Short term, they will enjoy a bonanza of consumption and vacations, long term they will lose jobs, because it'll be very enticing for business owners to close shop and move across the border, where everything is so much cheaper. In the ideal world, this should realign swiss economy to something more productive. In the real world, most people aren't as bright and flexible as Peter Schiff and ultimately many will struggle to find employment at home.
    2. If deflation is such a desirable thing, are japanese living the dream for the past 2 decades? They had deflation. Their prices are very stable. But people aren't smart enough, they basically hold onto their jobs instead of moving on to something more productive. 
    We live in non-deterministic world. The psychology of the crowd multiplies many uncertainties. 
  16. This is EU imperialism again.  The EU are going where Nazi Germany feared to tread.  Thankfully the Swiss are given the chance to correct their government course.  I have faith that the Swiss will do the right thing.  This will be another Ukraine for Berlin, sorry the EU.
  17. If the SNB back up it's reserves with gold they will effectively take out a great quantity of gold of circulation thus reducing it's trade. That would cause a drop in the price of gold.  So how would they protect themselves by a falling price of gold? By further increasing the quantity of gold they own? No they will just have to set an arbitrary rate of exchange or the ''official SNB gold price''. And if ever all the central banks are stocking up gold it will only depress the price of gold further more. So hurry up to sell your gold because paper money will gain strong value IF the central banks are building gold reserves. When they do they usually fix a low price and stable price for gold. And there is no need for mining new gold since no own buys a thing that has a flat price for years and years.
  18. tell this   to  that   Carney   Goldman  Sach   man,   the   financial   terrorist..  This    man     does   not  care  about  the  people   ..he  has  another   agenda  
  19. OK Pete the Dinosaur 
    Attn. Swiss Volk
    Convert Your Geld zu ฿itcoin schnell.
  20. What a fucking loser. One of dozens of geniuses who made one correct call, then gave it all back.

    Your clients are fucked, tool.


Additional Information:

Visibility: 36989

Duration: 14m 18s

Rating: 814