Peter Schiff Cut Off by CNN – Gold at $5000 per ounce?

Just who is Peter Schiff? Read all about him, if you want, at Wikipedia…I am not going to rehash his background. He is affiliated with Ron Paul as his economic adviser. I want to talk to you about what he has to say. This is probably the most important post in the history of my site. I implore you to take me seriously. Your financial health and very survival depends on this.

First About Me

As you can tell from reading this blog, my political stripes lean towards supporting liberal ideals. I thought that you should be aware of this right up front.

So What Am I Doing Supporting Ron Paul and Peter Schiff?

Again, if you read my blog, you will see that I have supported Ron Paul and his stance on how to fix the wrongs of the economy and the country in general. Yes he is Republican, but he is actually a person who is willing to do what is right to fix a broken system. Ron Paul can fix what’s broke! Enough about Ron Paul. Let’s move on to the my person of the hour.

First The Set Up – Peter Schiff Predicted This Crisis When Times Were Good

If you read the Wikipedia article on Peter Schiff, you will see that his credentials are impeccable. This guy predicted this crisis 2 years ago and people ridiculed him. They actually laughed at him.

Now he speaks about how the bailout was wrong and how this economic collapse will get worse, much worse. Why? Because the bailout stimulus perpetrated by both Republicans and Democrats will destroy the USA. Problem is that before he could finish, CNN cuts his feed. He was able to get out most of his message but one has to wonder what the hell is going on.

Super Obama

People right now are desperate. They want change. I truly think that Obama is a good person. Unfortunately he thinks, the same as the Republicans do, that more bailout money will fix things. He could not be further from the truth. The more stimulus that is used to prop up failing enterprises the more damage is wrought on the economy.

Throwing Mad Money after Bad Money?

You have heard the saying ‘throwing good money after bad’? Well I have a new take on it. Throwing Mad Money after Bad Money. The leaders of the world are crazy…insane…completely mad. Where does this money for stimulus come from? Do you really think that foreign countries like China and Japan want to buy any more US debt? NO. Absolutely not. So…..

Start the Printing Press – Call Parker Brothers

There is no gold standard to back the US dollar. Nixon did away with that, much to the liking of the financial industry. Now money can be created out of thin air. The only thing that backs it now is the money itself and consumer confidence in it.

From Worth Less to Worthless – Consumer Confidence in Monopoly Money?

Just by using the dollar exhibits your confidence in it. You may feel that you do not. I feel I do not…however what I feel…what you feel has nothing to do with it.

I am not saying that your dollar is worthless. It is still has some worth because you can use it to buy goods and services. I am saying that as time goes on the dollar will continue to be worth less to eventually being worthless. I trust you can see the this. Problem is people do not see the transition from worth less to worthless happening before their eyes. Why?

Ostrich Syndrome?

It is hard to accept that your way of life has been part of a broken system.

There are people in the media that just don’t want you to hear the truth. How about you spread the word? Digg this video. Make people aware.

Also if you have read this far…then you deserve the Mad Ape’s Guide to Surviving the Economic Collapse. You don’t need to send me money because I am going to lay it out for you right here, right now: It is easy: Buy precious metals. Gold, Silver, Platinum, Palladium. Do not buy shares in mining companies that harvest these resources. Buy the actual metal. Convert your paper for real value before it is too late. Like I said earlier, I predict hyper-inflation in about 2 years. Be Frightened but be prepared.

So with my estimate that there is about a 2 year window left before all stocks collapse you have an estimated time line to transfer your wealth to something tangible. Get out before you lose it all. Take your paper money and buy the metals. Stash them. They will be your only means to buy goods and services when the dollar weakens to the point it will take $1000.00 to buy a loaf of bread.

Now let us suppose that I am wrong. Fine…I am wrong. But your precious metals will always have value. But if I am right, your paper stock certificates and paper money will have the same buying power as monopoly money and your precious metals will keep you safe from financial ruin.

I am the Mad Ape and I approve this message.

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