Peter Schiff For Senate 2010

[AmericanValues321]

PETER SCHIFF 2010!!!!!!!!!!!!!!!!!!!!!!!!!!

[mangofrukten]

Chris Dodd is a fucking moron...

[lovepeace2you]

I don't believe anymore to these guys... they sound all fantastic on the race to Washington and then get lulled in by power and all that outrageous senator treatment...  bottom line no politician cares about regular families any longer

[ctrader09]

why is this douchebad from trend macro still working there? "we're so rich we can afford it!"

numbnuts

[Rzaforshiza]

wow good point 2:30

[orbliv]

nice video-5 stars. i sure hope Peter wins. if you support him-be sure to donate!!!

[gofucoffee]

Unfortunately, Mr. Schiff.......We gotta ask , R U 4 REAL ?? (Pardon the hesitancy)

[clevebrowns3]

What do you mean is he for real? He is one the few people who accurately predicted the subprime mortgage crisis. He is a brilliant economist and for you to say otherwise makes you look naive.

[chapsroc]

I hope Mr. Schiff win the senate seat. I don't know if he has all the answers to US economic mess, but so far he is the only one person who dares look at the beast straight in the eyes and making right predictions one after another for years.

May be there is hope that US will get out of this intact.

[NoisemakerArrow]

Hahaha, not a chance! Death to USA!

[norfair18]

That was awesome how Peter was talking about witch doctors and how they use juju beads and props and then you showed Cramer wacking something with a stick. Haha.

[PEinHK]

Indeed - brilliant editing.

[FreedomTrail1]

I 100% argree that energy is a better investment than gold but both should be part of a balanced portfolio. Aside from hedging against inflation, gold is a safer way of staying liquid than dollars. There are plenty of foriegn central banks willing to swap their $'s for gold even at current prices (e.g. India), a strong indication that confidence in US currency is weak -- still a big upside. You want just enough of the precious metals to avoid having to tap into the rest of your portfolio.

[userofnames]

ic, yes using gold as a form of currency is valid, however i believe that american dollars will remain the most powerful and liquid form of currency for many many years to come due to the size of the world and the enormous growth we are going through, we need it and theirs no other short term solution to that, gold is becoming ever more irrelevant. thanks

[FreedomTrail1]

Hi userofnames. Thank you for your opinion, but the point of holding gold is to hedge against inflation and stay liquid for other potential investments. Obviously you don't hold gold forever. Additionally, even some of the biggest critics of the gold bugs argue that priced for inflation gold should be north of $2000/oz. Even if inflation doesn't play out the way that Peter and others predict, the mainstream is of the opinion that we are not yet at the top, that is, it is hardly overpriced.

[userofnames]

as below, (re-fool) thanks

[userofnames]

peter is encouraging americans to buy a finite resource that is already hideously overpriced, he is feeding bullshit and your all gobbling it up, how do you grow wealth with a commodity that produces no return until you sell it? this is just speculation, wake up and smell the coffee

[jstets1978]

how do you grow wealth buying a house that requires upkeep and maintenance and property tax oh wait you would be down on average over the last five years if you bought gold you would be up 70 percent. Kool Aide drinking fool

[userofnames]

but i made no suggestion that housing was a preferred investment, if your hedging against inflation, the greatest asset is not an overpriced metal that has little use and delivers no return. think of a utility such as a gas pipleline, has low wacc in comparison to other energy utilities and delivers cleaner and more efficient energy than other resources, this type of an investment is sound and profitable, over time you will earn greater returns from this than a resource that delivers no income.

[leejae]

@userofnames Gold has a value in that it can be conceived to be a medium of exchange. Unlike paper dollars, gold cannot be manipulated by the will of a few people. It must be found and refined, therefore it is less likely to create inflation. On the other hand, paper dollars are susceptible to manipulation but it can also provide flexibility in the economy for capital investments when funds are short.

[lakerdave]

twk373

You state an untruth.

Many people living in the country called the United States have paid their taxes.

Many have been responsible and not bought homes and cars but rented and maintained their cars. We have not lived beyond our means.

We have put up with a lack of public transportation and competent highways and poorly designed ,cheap levees.

Numerous unpaid for wars, payments to Iraqis and Afghanis that US Soldiers bombed.

The US Government created the Gramm Leach Bliley Bill NOT US

[aspenmogul]

I believe I represent the average American. I've got 5 lawn rakes in my packed 3 car garage I've never used. I'm literally shopped-out. I have so much stuff, there is literally nothing else I can buy. I took several truckloads to goodwill, but I'm infested, it reproduces itself and makes more. This is all stuff I once valued. All this junk has stolen my freedom. I'm a slave to it. It's an anchor that's suffocating the life out of me. We all got to experience the American Dream. Was it worth it?

[nickfl1980]

Peter Schiff is right. We, the people, need to learn again how to "produce" and not just Produce with import goods. Those goods we import, we used to make, need to come back and it can be done, with the will. Is it to late? Maybe, maybe not, because the countries where they are made, are lowering their taxes, saving more and by time some of those countries becoming so known that they invite more foreigners with knowledge to produce the whole thing there.

[midnightrun7]

To say that all American's live beyond there means is unfair. I have no debt, been in business for 23 years, work very hard and make less now than I made in the early 1980's. It's the corrupt politians, huge Government, bankers and Wall Street Gread that got this country in this Mess. Berny Madoff is no different than the Gov, he just go caught. National Debt at 14 Trillion it won't take long before the asian's stop buying our treasuries and finance our debt. Good video Peter...

[kobe88124]

most american's jackass! quit personalizing his analysis of the overall economy.

[twk373]

@midnightrun7

You make a good point, but the fact remains that all of us have enjoyed cheaper prices on imported goods (e.g., oil, anything from Asia) and some of us have enjoyed the benefits of government social programs, thanks to the influx of money from across the world. In *that* sense, all Americans have been living beyond their means, even those of us who don't have massive debt and didn't get sucked into the housing bubble.

[midnightrun7]

You are rite...we can probably buy goods cheaper here than anyware in the world. However, I don't think that's going to last much longer with O's Socialist Agenda. oh well could be living in Africa panning for Gold to stay alive.

[midnightrun7]

sorry! I accidently hit the thumbs down and could not reverse it.

[SIunits]

You have no debt? You share part of the burden of the national debt as well.

[midnightrun7]

Maybe so...but I indend to be as independent from this system as possible. I don't think this country can possibly sustain and maintain the debt. The Govt.'is spending Record Amounts. Are they confused with the difference between Billions and Trillions.? Where is the money going? I sincerely don't think they have a clue of what the average American is going through. I believe Peter S. is right and has made many accurate predictions, thats why I listen and comment on his Blogs, G.L. Peter !!!

[30percentplusreturns]

If you make less than you did in the 80's then you must be the worst business person ever. You havent changed with the times and its because you cant forsee competition.

[voskresene]

I am not from Conn., but I WILL contribute to this guy's campaign. I hope that there will be public debates between Schiff and Dodd. Schiff is going to take Dodd to school!!!

[Bankenaufsicht]

Peter Schiff is right in all he says. It's the same as Lyndon Larouche says. But Lyndon is saying it for 30 Years now and was thrown in jail for that opinion. I will vote for Peter, but I only support Larouche.

[petiemac12]

These talking heads on TV are on the big banks payroll. The tell you what you want to hear. Schiff tells the TRUTH even if it sucks. Schiff for Senate 2010!!!!!!! The Revolution has begun!!!

[aleoification]

i'm not american but it doesn't matter,i just want to write a few words to american people.I really respect Peter Schiff's economic knowledge.Listen to this,"we are rich and peasents like to work for us and they are so happy to get our paper money".What a nonsense.Those guys believe in dreamland ,where money grows in trees,nobody needs to work and they have everything...absurd.THINK.Are you listening to idiots or a wise one?

[coreim30]

I am an American and I just want you to know that not ALL Americans think like these pigs! I am a strong supporter of Peter Schiff and I want to get these cronies out of our government.

[jake2625]

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