The U.S. corporate controlled media is at it again. This time they inexplicably cut off Peter Schiff, the president of Euro Pacific Capital Inc., when he was going on a rant lambasting the U.S. government and the Federal Reserve squarely blaming them for all of the world’s financial woes.
This is THE same Peter Schiff that predicted this collapse over two years ago! He was labeled as a loon over his comments but he hit the nail right on the head. He was asked by U.S. News and world report the following “So how bad do you think this economy will get? “, he replied:
The other problem we’ll have during those years is civil [unrest]. There will be a big increase in crime. People are going to be hungry. People are going to be cold. There’s a sense of entitlement in this country, and when a lot of people used to having things suddenly don’t, everybody looks for someone to blame.
He then went on the FOX Business channel and predicted that Gold will skyrocket to over $5,000 dollars an ounce! To provide a barometer, Gold is currently trading at around $750.00 dollars an ounce.
I have a feeling he won’t be invited to too many more broadcasts in the future…
