The thng about peter schiff is that what he says isnt something that only educated people can comprehend. He speaks common sense. I dont understand how these pundits on TV dont understand something so incredibly simple.
With the name 'Fast Money", I'm not sure if they should even have Schiff on. Fast money implies short term almost like gambling. Schiff is talking about long term. I've heard other people talk about long term too, but they are people who are down so far it hurts to sell, so they are stuck.
Overall, what Peter Schiff says makes sense but everytime he is on CNBC he says virtually the exact same thing and CNBC responds the same way. You're reporters why doesn't someone ever pressure him for specifics? Peter, what foreign stocks EXACTLY would you recommend? What exactly are you investing in? The price and symbols? We've heard the buy gold, invest overseas, avoid the US dollar ad infinitum already. I think people calling in would ask better questions sometimes.
he said buy POT, NZT, and short WMT. As for gold, it seems like he says he owns everything, and he has SVM. I'm not sure if some assets in china are safe. The government took coal mines from the "owners", and gave them nothing. I guess because it is a natural resource, and on chinese land, they can take it for the people. For foreign owners, they may be more lenient, and offer compensation. if not, it could really mess up foreign investment. But those are risks to consider.
just like in past couple years, everyone laughing at him... i wish they'd bring the guy that wanted to bet peter 1 penny that he was wrong in and had a sit down with the both of them.
Somebody below said it best, "these monkeys don't know the difference btwn real and nominal gains." I think the panalists are bitter Peter is right, but they're hacks and can't admit it on air.
If only I'd invested all my money in the US stock market ten years ago. What a killing I would have made in the DECADE since!
Honestly. Watching channels like this one, it's a safe bet that any time they have a 4v1 or 5v1 discussion, it's the '1' who has some useful information and the rest that are full of shit.
Hahaha, they're trying to proove Schiff wrong by using the Dow as a gauge of economic growth.....the same ones at the Dows peak who said the sky was the limit.
The Dow can go to 20,000 if they print enough money and expand credit enough...doesn't mean the economy is sound.
Wish these "fast money" retards could've learned something from the last major money and credit expansion.
i agree with fatmoleman.
also... i am beginning to think that these CNBC hosts enjoy being featured in "peter schiff was right" videos.
shaunzane 2 years ago
that asian chick always talks shit on him after he leaves
MvNPTI 2 years ago
If the US is so stable then why did the recession happen? I mean, am I the only one wondering? what the hell? LOL
This is what im talking about. Its so simple, and they jsut dont get it.
audiohi 2 years ago
Err.. You don't know what you're talking about.
leejae 2 years ago
Of course i do ;) test me.
audiohi 2 years ago
The thng about peter schiff is that what he says isnt something that only educated people can comprehend. He speaks common sense. I dont understand how these pundits on TV dont understand something so incredibly simple.
audiohi 2 years ago 2
It's because they don't want to.
RileyE104 2 years ago
look at a few charts of your stability in september 08
dave997 2 years ago
Listen to these fucking monkeys, they still don't get it.
justgetsome 2 years ago
I wonder where CNBC would be if they had nothing but sub par looking women on their shows. I bet half the people who watch have their T.V. on mute.
fatmoleman 2 years ago 2
Stability??? They're talking about keeping their money in US dollars and they think that's stable? Hahahhahaha.
jonvssocrates 2 years ago 2
LOL @ "Stability"
wrxbungle 2 years ago 4
With the name 'Fast Money", I'm not sure if they should even have Schiff on. Fast money implies short term almost like gambling. Schiff is talking about long term. I've heard other people talk about long term too, but they are people who are down so far it hurts to sell, so they are stuck.
panther9mm 2 years ago
who is this dumb asain bitch? does she have a credibility?
BerkeleyBayArea510 2 years ago
no she is a stupid fuck
rangeyer 2 years ago
haha, everyone against Peter. I'm getting my lube and tissues at the ready for when these assholes are proven wrong - AGAIN!
dogatron 2 years ago
Overall, what Peter Schiff says makes sense but everytime he is on CNBC he says virtually the exact same thing and CNBC responds the same way. You're reporters why doesn't someone ever pressure him for specifics? Peter, what foreign stocks EXACTLY would you recommend? What exactly are you investing in? The price and symbols? We've heard the buy gold, invest overseas, avoid the US dollar ad infinitum already. I think people calling in would ask better questions sometimes.
personalperspective 2 years ago
talk to a europac representative for specifics, no time for specifics on 5min news segment.
zhxiate 2 years ago
I guess you talked with them before, what they recomend?
panther9mm 2 years ago
he said buy POT, NZT, and short WMT. As for gold, it seems like he says he owns everything, and he has SVM. I'm not sure if some assets in china are safe. The government took coal mines from the "owners", and gave them nothing. I guess because it is a natural resource, and on chinese land, they can take it for the people. For foreign owners, they may be more lenient, and offer compensation. if not, it could really mess up foreign investment. But those are risks to consider.
panther9mm 2 years ago
personalperspective - here is a few: Red Back Mining, Capstone, Silvercorp Metals, Potash Corp, Yara International
elbuggo 2 years ago
Get set for news of Hyper-peak oil on the Wallstreet -voice CNBC!
Every oil exploration company will spill the beans now that their oil reserve declarartions were bogus! Voluntarily!
'Harry oil UK's KG basin well is a dud'
why sudden mood of confession?
BS, BS, & BS
madhuradi 2 years ago
Hey everyone!
Buy Buy Buy - OIL OIL OIL
Info on arrangement in place to hike oil prices to fund US deficits- petrodollars fund the treasuries for next few years
Every country needs dollars to buy oil
This is the only source of income for US.
BIG NEWS - OIL SAVES AMERICA...AGAIN!
PS- I'm not saying this, Goldman guys did!
madhuradi 2 years ago
The CNBC boobs are retarded. If your idea of investing is only looking at US stock prices than you deserve to be as broke as you will one day be.
soundmoneyfan 2 years ago 6
how about an 'L' shaped recovery.
dannidandannikins 2 years ago 2
haha
JoeyPencils 2 years ago
Ever play snakes and ladders? How about an S shape recovery :P
NicosMind 2 years ago
A back slash recover?
billsaintkilda 2 years ago
Here we go again... Everyone against Peter. Guess what happens next...
StorminNormin1977 2 years ago 7
just like in past couple years, everyone laughing at him... i wish they'd bring the guy that wanted to bet peter 1 penny that he was wrong in and had a sit down with the both of them.
fiapop 2 years ago 5
"Don't worry, be happy.... buy, buy, buy!"
WorshipVideo 2 years ago 4
Somebody below said it best, "these monkeys don't know the difference btwn real and nominal gains." I think the panalists are bitter Peter is right, but they're hacks and can't admit it on air.
REOGURU 2 years ago 6
Well well, within time they will all understad what Peter is saying right now!
Warzoooooo 2 years ago
It's funny how even after Peter was right it in the past against all odds he is still doubted.
Shaunt1 2 years ago 4
They're just sales people. It's obvious. Don't be fooled. This is a sucker's rally.
watcher2987 2 years ago 3
Video added to my archive for the next "Peter was Right" compilation.
DNATS 2 years ago 4
NICE!!
thane17 2 years ago
A buncha short term numb nuts.
InTheSticks1881 2 years ago 2
these idiots are fucking amazing. As soon as Peter is gone they start acting like they know everything.
edsonusa75 2 years ago 7
thats so true.
not a good way of journalism to end the debate without the opposition
Krampfarsch 2 years ago 2
As always right.
c1fuzzles 2 years ago
Yeah! Let's all celebrate Dow 10,000!
If only I'd invested all my money in the US stock market ten years ago. What a killing I would have made in the DECADE since!
Honestly. Watching channels like this one, it's a safe bet that any time they have a 4v1 or 5v1 discussion, it's the '1' who has some useful information and the rest that are full of shit.
20thAttempt 2 years ago 3
these lose money fast monkeys dont know the difference between real and nominal gains.
the asian whore and the other 4 monkeys think the world revolves around the US.
people are making 5 times the gains from investing outside the US and with the weak US dollar exchange rate, ur gaiins are even larger.
and thats not nominal artificial gains, its real purchasing power gains.
zimbabweans have the most billions in their bank accounts, but they cant even buy chewing gum with those billions.
stealthpakfa 2 years ago
cnbc is a joke its an illusion its rigged to trap investers in us market listen at your own peril
finster37 2 years ago
Wow, I don't have a T.V. but I can't believe these newscasters they're morons.
shouldlistentoronpau 2 years ago 2
What an astonishing display of naivete ...thanks for the upload.
njcarlos1 2 years ago 3
No one has to agree with Peter Schiff, Reality will be the final arbiter.
davincij15 2 years ago 6
More idiots. The more you pay attention to CNBC the faster you lose your IQ
theanswersofnwo3 2 years ago 4
Those newscasters were scary. They seemed like monsters. Dont let your kids watch that , they might have nightmares.
brendandylanmaloney 2 years ago
Hahaha, they're trying to proove Schiff wrong by using the Dow as a gauge of economic growth.....the same ones at the Dows peak who said the sky was the limit.
The Dow can go to 20,000 if they print enough money and expand credit enough...doesn't mean the economy is sound.
Wish these "fast money" retards could've learned something from the last major money and credit expansion.
JessicaBelle81 2 years ago 7
These Fast Money clowns are clueless. Thank you Peter! Great showing!:)
tajlee1 2 years ago 6