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August 30, 2012

In Many Countries Gasoline Is A Luxury

One of the reasons that Americans are able to use so much gasoline is because it’s relatively cheap. A lot of Americans commute long distance to work. In a lot of other countries gas is a luxury and they maybe just take the car out for a drive on a Sunday. - in Bloomberg

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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