"I have talked with many who claim they have invested with Schiff and are down anywhere from 40% to 70% in 2008. There are many other such claims on the internet. They are entirely believable for the simple reason Schiff's investment thesis was flat out wrong." mish
If they are down, they should double down with Schiff's advice. I just moved my account there and I'm on board fully. It's easy to try to dismiss him, but his thinking and logic are spot on. We are broke and hyper inflation is coming big time. My money is moving out of the US, thanks to Peter, because I'm a firm believer this economy is doomed. There is no denying he has original clear thought. Others just dismiss him without any ideas or original thinking.
just buy gold... don't move your money anywhere ..it';s useless coz it';s a global economy crisis not only american so it's everywhere ... and get rid of dollars coz dollar is gonna be dead soon . it's for sure
Infrastructure jobs: dig a hole, fill a hole, dig another hole, fill that hole .... continue until all bailout money is gone. After that is finished we can go do pretend jobs like in the Soviet Union. They will pretend they are paying, we will pretend we are working. And start stocking up on toilet paper that was a shortage item in USSR for 40 years.
Peter shouldn't spray perfume on this pig. She can't understand what he is saying. CNN wants a NWO socialist economy.
The FED and Fannie/Freddie w/ Frank and Dodd, lowered interest rates and pushed to lend to subprime borrowers. This led to a boom and bust cycle in real estate. Now it's a China Syndrome event where the meltdown bottom is unknown. Many homes are now below replacement construction costs, but we could see another 30% decline. They really screwed the pooch on this one.
having a central bank IS a centrally planned economy fool. YOU should read some REAL economics books, then go reread history. You might figure it out.
you should invest in infrastructure. that´s true. the problem is that your government is broke. anyway that won´t solve the problem of unemployment.. only for some years maybe. when all the construction finishes... and it will because soon USA will be out of money... the same people will be unemployed again.
She doesn't see anything wrong with a government bailout.
Like most idiot socialists, she doesn't understand that the workers never benefit directly from the bailout, only those who ran the company into the ground.
Who the hell hired all these Communist Newscasters? My opinion: Don't bother listening to a lot of the pundits in the Mainstream media, go to the Alternative Media, for example: -Max Keiser's Karmabanque Radio -Peter Schiff's Wallstreet Unspun Radio Show -Gerald Celente Interviews -RussiaToday (with a grain of salt) -Campaign For Liberty Website -the JustForeignPolicy movement -(even) Alex Jones Regardless, always take it with a grain of salt, and ALWAYS USE YOUR REASON!
But, but, but the gov's there to make it all better. Look at how well the gov's done in Iraq. See, it's working, right? CNN is almost as stupid as Faux News, and they sure hire the same kind of idiots.
wow shes not very bright.
mrpatience2007 2 years ago
This has been flagged as spam show
Peter Schiff is the MAN!
Check out me and my brother's new show!!! THANKS! /watch?v=69k5XAoXQoA
BlueTunisia 3 years ago
This news commentator is nothing but an obamacrat.
pandabead 3 years ago
Yeah that was troubling to listen to. Thankfully Schiff set the record straight with pretty decent answers
Sondre7 3 years ago
This has been flagged as spam show
this is very old video , come to my channel if you want new up to date Peter Schiff videos..
PeterSchiffChannel 3 years ago 2
What can we say about Peter Schiff?
How about our next Vice President to President Ron Paul. Now that is Change We Can Believe In. : )
Use your WorthLess FRNs and do the following:
1. Buy Silver if you can afford it
2. Buy Gold if you can afford it
3. Stock up on Long Shelf Life food products
4. Plant your own Garden
5. Buy Copper-Clad Lead for Protection and to provide Food for Your Family
NoBailout4Banksters 3 years ago 4
I second that motion!
endurion 3 years ago 4
I see your second for motion.
All in favor say I !!
cowboy1165 3 years ago 4
6. Guns and ammo.
bcit1998 3 years ago 4
"I have talked with many who claim they have invested with Schiff and are down anywhere from 40% to 70% in 2008. There are many other such claims on the internet. They are entirely believable for the simple reason Schiff's investment thesis was flat out wrong." mish
JanKirb 3 years ago
If they are down, they should double down with Schiff's advice. I just moved my account there and I'm on board fully. It's easy to try to dismiss him, but his thinking and logic are spot on. We are broke and hyper inflation is coming big time. My money is moving out of the US, thanks to Peter, because I'm a firm believer this economy is doomed. There is no denying he has original clear thought. Others just dismiss him without any ideas or original thinking.
alex94115 3 years ago 2
just buy gold... don't move your money anywhere ..it';s useless coz it';s a global economy crisis not only american so it's everywhere ... and get rid of dollars coz dollar is gonna be dead soon . it's for sure
ExtraTerrestrials 3 years ago 3
nothing is for sure except for death
i think all currencies could be bad. but not sure we are going to have a global collapse
we could start doing the right things and then we wouldnt
i do not think this stimulus package is going to pass
we need to get rid of the income in its entirety
alansready 3 years ago
I took his advice in November and bought gold at 735/oz and 4 Chinese stocks which are up an average 22.91%.
bcit1998 3 years ago 2
Putin to America -"Take your medicine"
From a fucking Russian.
Former Socialists!
Hello! Obamatons?
chewbaca1989 3 years ago
Infrastructure jobs: dig a hole, fill a hole, dig another hole, fill that hole .... continue until all bailout money is gone. After that is finished we can go do pretend jobs like in the Soviet Union. They will pretend they are paying, we will pretend we are working. And start stocking up on toilet paper that was a shortage item in USSR for 40 years.
BlueSkies360 3 years ago 6
Peter shouldn't spray perfume on this pig. She can't understand what he is saying. CNN wants a NWO socialist economy.
The FED and Fannie/Freddie w/ Frank and Dodd, lowered interest rates and pushed to lend to subprime borrowers. This led to a boom and bust cycle in real estate. Now it's a China Syndrome event where the meltdown bottom is unknown. Many homes are now below replacement construction costs, but we could see another 30% decline. They really screwed the pooch on this one.
prescottbill 3 years ago 3
This comment has received too many negative votes show
He doesn't think fixing roads and bridges helps the econpmy.. Letrs drive on dirt and water. Moron Anoher scam artist.
Unregulated free mortgage market is what caused this mess, you retard. Idiot calls US a "central planned economy".
Says banking was heavily regulated ha ha ha ha . Read some history.
ha.
.
JanKirb 3 years ago
having a central bank IS a centrally planned economy fool. YOU should read some REAL economics books, then go reread history. You might figure it out.
jeffe2222 3 years ago 3
Did you vote for the Obama Clin Biden trio?
zBanditGuy 3 years ago
Comment removed
sca773r 3 years ago
you should invest in infrastructure. that´s true. the problem is that your government is broke. anyway that won´t solve the problem of unemployment.. only for some years maybe. when all the construction finishes... and it will because soon USA will be out of money... the same people will be unemployed again.
sca773r 3 years ago 2
The mortgage crisis was caused by OVER-regulation. Read up on Fannie, Freddie and Barney Frank.
SteelerJeff2009 3 years ago 4
Old
Christoph1235 3 years ago
She doesn't see anything wrong with a government bailout.
Like most idiot socialists, she doesn't understand that the workers never benefit directly from the bailout, only those who ran the company into the ground.
CRAPCANNONS 3 years ago 3
chaztikov 3 years ago 4
Date??
pismo10 3 years ago
But, but, but the gov's there to make it all better. Look at how well the gov's done in Iraq. See, it's working, right? CNN is almost as stupid as Faux News, and they sure hire the same kind of idiots.
bbburton 3 years ago 3
Hey lady, stick to journalism and let the expert explain things to you.
Tell'em Peter!
Carlitos1010 3 years ago 2
Amen!
aquapurity 3 years ago 4
Gorani is thick-skulled, no doubt due to her french education.
CRAPCANNONS 3 years ago 3