Peter Schiff : our economy grew more on a Gold Standard than since we left it

Peter Schiff : the idea that there is not enough Gold in the world is ludicrous it does not matter how much gold there is , is prices are just going to adjust to the level of gold that exists , money needs to be scarce that's what makes it valuable if it was plentiful if there was all the gold that we needed then it will have no value what makes it rare and valuable is that it's scarce . And if you look at it historically the gold supply increases by one or two percent a year that's it that predictable pretty consistent and it works great , we had the industrial revolution on a gold standard , people always well our economy cannot grow on a gold standard , our economy grew more on a gold standard than since we left it , if you look at the standard of living of the average American from let's say 1800 to 1900 and compare the way the average American lived and the way he lived at the end of that century and then compare that to the changes that are made since we've been on a fiat standard : it 's a much bigger difference , the standard of living rolled out faster and imagine how much wealthy your society will be how much less we would be all working how much prosperity and leisure we would all enjoy if we had continued on the gold standard for the twentieth century , instead we went off it and we sacrificed a lot of economic growth in the process .....- Peter Schiff in a recent Interview

Bob Chapman - Discount Gold & Silver Trading - 19 Dec 2011

Bob Chapman - Discount Gold & Silver Trading - 19 Dec 2011 : Bob Chapman talks today about what's happening in the markets the gold market continuing manipulation the Euro crisis and the probably break-up of the eurozone , and on the political and world events situations he speaks about the death of the North Korean leader and its possible implications on world peace and stability in Asia and in the world

The Euro collapse weakens Gold as Investors rush to the US Dollar

The Euro weakness weakens Gold as Investors rush to the US Dollar : The Euro is now under threat as the markets take a terrible loss The Euro is in a tail spin at the moment , the french prime minister Alain Jupee goes to announce that Europe is under threat of wars if the debt crisis is not solved , this shows how deep the crisis is and how delicate the situation in Europe is at the moment which is causing the Euro to slump and the investors are jumping back to the US Dollar , this US Dollar strength causes Gold to pull back , although all the fundamentals for a gold rally are intact such as inflation job numbers etc...