12/31/2006 Peter Schiff On FOX Bulls And Bears/Cavuto

[FinancialSP]

Delusional capital always flows to objective capital :)

[IslandStyle123]

These pricks snicker and laugh at Schiff. What a bunch of morons.

[IslandStyle123]

These same morons are the same people saying gold is in a bubble and that the economy is sound.

[mach1734]

Just goes to show that the next round will be the same, just this time they are playing with countries not real estate. But of course, the same idiots are laughing at us for just knowing basic trends. When will we wake up....

[ILiveInMyParadise]

GEE I guess Peter was right! Nice shit eating grin on the Romney look-alike and the dope from twisted sister must've been stoned. Advantage Schiff once again!

[MrEdwinauer]

Hahaha must be great fun for Peter to have this video!

[bamatommy]

Mike Norman doesn't know what he's talking about. He has zero credibility and his advice should be ignored.

[sutski]

Absolutely classic. 

[jgmartino]

hindsight

[FreddieBambino]

lmao at that moron arguing with Schiff:

"What artificial lending standards". :D Ha ha ha ha ha. Oh man it must feel good to be schiff right now looking back at those morons.

[4QBUD]

Peter Schiff is my new HERO (since 2006 that is)

Look at those idiots and snot nosed buffoons laughing and cavorting way back then while someone with nothing to gain except his good name and to warn a stupid populace told them precisely what the problem was and what would happen soon.

Man I love this Peter Schiff guy, but in a Manly way, sniff. How bout them Bears, huh!

[LesTrafik]

Fox would do well to replace Adkins and Norman with monkeys throwing darts. At least the monkeys wouldn’t make premeditative sneers while their peers are talking.

[Gamezero05]

And these guys laughing are supposed to be adults? They remind me of children the way that they just laugh off somebody that disagrees with them and all gang up and give each other high fives.

Why can't they have an intelligent debate with Peter Schiff like an adult? Now, since they turned out to be completely off base, instead of looking like they just got it wrong, they now look like absolute fools and completely incompetent morons.

[GJonathanWIII]

look at these fucking fools. they remind me of children answering the question "what are you asking santa for this year?" and one kid [the dickhead with the long hair] lists off a bunch of shit and another kid [shiff] says "nothing because santa doesnt exist our parents are the ones getting the gifts." then another kid [the one eating his words now] says "what are you, a moron?ok numb nuts explain to me why the elves work all year making toys if there's no santa to deliver them?"

[BPwhistleblower]

We didn't know it at the time, but this was one of the earliest games of "Who's the Tool?" ... and we can clearly see that it was pretty boy and the meatloaf look alike.

[edo5555]

its probably not even a big deal that they contradicted Peter Schiff. WHAT BUGS THE FUCK OUT OF ME IS THAT THESE AHOLES RIDICULED AND LAUGHED AT HIM as if they could advise no wrong and they speak with such certainty as if there was not fn possibility of them being WRONG! TO THINK THERE SO MANY MORE OF THESE TYPE OF FUMDUCKS EVERYWHERE.

[hwyllie1]

@edo5555 you're absolutely right. I watched a woman in another more recent video doing exactly what you're saying.

[BullionLimitedotcom]

hahaha!!! from *3.52mins - "You guys are deluding yourselves"... NOW they wished they'd listened to Peter instead of laughing at him --- Very sad!!

[PureAdrenaline97]

You can really see how the media manipulate the shit out of the public with videos like this. Especially with 1 voice of reason and logic. Peter Schiff is the MAN!

[UTRLLD]

These people are morons, they are puppets for the NAR and other special interests.

[WJJ1968]

Pete was right here but very wrong elsewhere. There is no hyper-inflation and the dollar is near 90 and not 'dropping like a stone' as he said. Schiff is a one trick pony.

[circuitdesign]

@WJJ1968 The dollar index is now 78. You posted your comment 3 months ago, which means the dollar dropped from 90 to 78 in 3 months. Yes, I would call that "dropping like a stone." Gold is over $1300 now. Unemployment is at 20% (the government says 10%, but if you count people who have given up looking for a job, it is 20%). Peter was right about housing and he is being shown to be right about the dollar, gold and the decline in the standard of living of Americans. One-trick pony? Hardly.

[titan13131]

@WJJ1968 oh its coming

[xtop23]

@WJJ1968 dollar about to drop below 75 now ....... you suuuurrre ??

[rootytooty23]

what kind fo drugs is the long haired dude on..man he is an idiot, obviously

[jeremyraybrown]

Mike Norman is a piece of crap. I would love to see him locked in a UFC cage with Anderson Silva.

[jeremyraybrown]

I would like to punch the morons laughing at Peter Schiff. In 2002 and 2003 when my buddy and I were in college we couldn't comprehend how the housing prices skyrocketing were sustainable. It didn't make any sense. Schiff made sense of what was a ridiculous bubble and all these a** holes could do was laugh. Fu** them!!!

[gardogg65]

HOLY SHIT don't they feel salty and dumb as hell!?  Laughing in Peter Schiff's face!? Schiff is the MAN!

[soulja037]

lol all these fools laughing at schiff wee wrong

[OneEyedPony]

That loud mouth Mike Norman is a moron. Why is this guy this around? I mean, he's wrong, wrong, and wrong again, yet, still MSM outlets keep hosting idiots like Norman.

Mike Norman should be the 'Poster Boy' of "Clowns that Talk faster than they think."

[juscurious]

Mike Norman has to be inhaling major crow at about this time. He was wrong and could not have been more wrong. You don't create wealth by borrowing and printing money. Mike Norman has to be considered a bozo at this point.

[labulldog5]

Mike Norman and Tom Adkins got it completely 100% backward, just like Ben Bernanke!!!

[devlin15]

Bernanke knows exactly what he's supposed to be doing. This collapse is being engineered.

[xiphoidpro8]

Every time I watch this, I want to punch Mike Norman in the face - preferably right in front of his wife & kids. What a friggin douche bag. I'm gonna seek him out and send him some hate mail.

[okvideos5]

Search for his youtube videos. Mike Normans...

LMAO, he has lost it and went absolutely crazy. He also has a blog you should check out. He says he will do whatever it takes to stop Peter from getting the Senate seat in Conneticut.

[RealTalkification]

amazing.

[vertexclimber]

Schiff was absolutely right 2 years before.

[deltapunk21]

I love Schiff.

[yousef1426]

me too! he knows what he is talking about.

[yjfoo81]

Tom Adkins and Mike Norman are the biggest idiots in TV history!

[mahynes]

Can we get all these guys to get back together and apologize to Peter? To laugh in the face of reason is forgivable if you do not know, but only if you apologize. These guys should be banned from putting their opinion in the eyes of the public until they apologize for their faults, and explain how they have regained any credibility.

[adamsmith86]

Peter Schiff was an assessor for Ron Paul, who intended to take back the USA to gold standard. Then, everyone in USA and all over the world laughed just like this two pieces of intellectual garbage. We all know the story: Ron Paul was discarded on primary elections. As many people already predicted, we are suffering the consequences of manipulated fiat money. Is there anyone happy enough to keep on laughing?

[mandatum]

Mike Norman, the little dainty school girl, is whinning on his radio program that the Schiffites are unfairly attacking him. This clip is a perfect example of why he is correctly seen as a worthless douchbag. It's got nothing to do with feality to Schiff and everything to do with calling a spade a spade. Norman is the perfect example of the empty suites, who are no better than salesmen and hucsters, that got us into the mess we are in now.

[Nexus974]

Norman humiliated himself and only has himself to blame. He was wrong and Peter Schiff was right. Get over it Norman!

[rimu123]

The show is called 'Bulls & Bears'. So even if the bull side is completely ridiculous, there will always be a guy (or two) who's job it is to be "the optimist". The show is not news or current events, it's entertainment. It's not to be taken seriously!

[nbproductions]

just like the rest of fox news...right?

[mdredmond71]

Wow, Mike Norman and Tom Adkins laughed like schoolgirls when Schiff correctly predicted the housing bubble crash.

Maybe they should be carted off to prison with that slobbering faggot Barney Frank.

[crimsoncoin]

The confidences in this story is now misinformation and was bad advice..! Peter saw and said it, the others how they pushed for there next sale... an extra room is 10,000 more

[kingneddy]

peter schiff is a legend! these laughing fools were so so wrong. unreal!!!

[Daverha]

No Dollar crash in 09

[Lyndehouse]

dream on--get your emergecy food and supplies now--

[mirezwer]

yeah, I wouldn't call those guys dumb, they know why they are loughing and it problably has to do something with their pockets ;)

[sunguard27]

The laughing fools are not just dumb, they are paid stooges planted to lie to the public to keep the public confidence so that banks can continue to rob us blind and destroy the economy. Just like the stooges they get to lie to us about the war (WMDs and such).

[desongliu]

Mike Norman is such a joke. Nothing that he has predicted has been right.

[kelman66]

they just laugh.

OUR TURN

[atl2maryland]

Why do these fools always try to all make it look like Schiff is wrong? They never even acknowledge when his predictions are right. Everything thing he's said for years has came to pass.

[KhmerD0g]

the long hair dude and the yellow tie dude are just dumb. no wonder they never get invited back to TV. hahahahaa.

[jpbalkenende]

God I ha... eh dislike libertarians but I really hope these arrogant pricks are serving up sloppy joe's right about now.

[niru4u2]

People arguing with Peter look like morons now..

[drparfitt]

The long haired is now bald and broke, living in a tent city.

[jpbalkenende]

Hopefully :D

[circuitdesign]

My friend spotted Tom Adkins at the tent city and said he now looks kind of like Gollum.

[TheDoogee]

@drparfitt Bahhahahahahaha!!! Classic! Your comment made my day...

[dqk648nw]

wow - i'd love to see an interview now and replay their arrogance back to them.

[scottylans]

Who is the moron with the long hair and his cheesey teethed companion? Those 2 seem like the sleaziest car sales vermin to walk the earth!

[Elvisman18]

Can they interview this Mike prick if he hasn't jumped of the roof yet?

Wonder what he has to say now.

[LandonInFlorida]

Spooky spooky how accurately he called this. Like, every single dynamic he talked about is so eerily spot on almost 2 years later...

[drsnk]

Mike Norman - Supreme Idiot!

[DreamOfTurtles]

Everybody's got vested interests in that show, while Schiff has got his chips on foreign stocks, because that's where the growth is - the BRICs and everything else.

Laugh what you will - after -777 the situation is clear.

[fuddlynn]

Thank you Peter Schiff for holding your own while fools all around you maintain a form of wisdom while lacking the substance thereof.

Get educated people! Learn to have enough discernment to recognize the lies these people try to sell you every day!

In the end, the foolish will blame this crisis on George Bush and/or the Fed but it will belong squarely in the laps of the uneducated masses.

[neoc0n]

Listen to the arrogance of these morons. Schiff has had the last laugh on this one.

[JoeDebtor]

LOL! You said it right! Peter Schiff must be laughing his ass off on this one!

[Bayramjyk]

Douche bags lots of them. Except Peter of course

[cbellison]

If only Mike hadn't been such a douche about it I wouldn't hold it against him for being so incredibly wrong.

[shroomingnewman]

isn't it absolutely amazing how these guys are literally laughing at peter? they are absolutely incredulous. i wonder if mike norman and that long haired dooshbag still talk as authoritatively today...

[JackNeedles]

Mike probably feels like a real idiot now.

[WokNWol]

Schiff is the voice of reason and tries to explain the exact cause while everyone else laughs and rattles on about outside indicators eg. low unemployment and net income growth. Mike Norman doesn't get the "artificial lending standard". LOL, I bet he gets it now!

I finally started reading Schiff's book Crash Proof after hearing so much about it lately. Wish I had discovered it a year ago... So far, it's really good and in laymans terms so idiots like Mike Norman will finally "get it"!

[Zwikster]

Mike is SLIMEBALL!!!!

[Eric21ND]

who are these idiots? Go Peter!

[ken4yah]

man summons ufos for in front of news crew in my favorites. wow

[BlackNapkins86]

haha, i love it. BUT WHO COULD HAVE SEEN THIS COMING.

Look who gets the last laugh.

[Simulacrum79]

I swear to God, Tom Adkins has been rockin' the c-c-c-cocaine!!!

He and Mike Norman are always good for a laugh.

[WokNWol]

LMAO! I was thinking the same thing.

[997GT378]

Someone needs to send these clips to everyone who laughed at Schiff, and resend them every day.

[takwira]

duh! Shoot... missed that CBound. Thanks.

[bbagginz]

pwned by The Schiff - again

[bigtard]

We have a tiny default rate!

[tubedoggie01]

Are these the idiots giving the current admin advice? I cannot believe that Peter is the only one who saw this coming! I hate politrix!

[njcarlos1]

I hope these "economists" and "market analysts" watch this clip and feel like complete douchebags for not even showing Mr. Schiff the professional courtesy to respect his opinion without snickering and brushing his comments off like he's a moron. Funny, who look like the morons now? ::snicker::

[jgpenate]

"What artifical lending?" Ha Ha Ha

[bluemonday2020]

the long hair dude is like a fake wanna be pro wrestler

[bluemonday2020]

Mike is an idiot someone should bring his ass back

[CBound]

They should eat humble pie. But that would take a good public on air review of what was said when.

These financial shows need to give real credit where credit is do and also show how wrong the hype of yesterday really was.

[njcarlos1]

You notice they've been giving him much more air time recently. I reckon it's because they realize he's been the voice of reason even when the doubters were laughing at him.

[setverr34]

the 300k I got back 150k of it is gold that i can touch 50k went to silver and the rest went to but a underground bunker so Im ready for armagedon if it happens

[benderkt]

The real question is does Mike still have a job? If so, WhY?!

[WorshipVideo]

Was that Michael Bolton?

[crayrayc]

lol

[igetzhoney]

I'd rather have an inflationary environment where businesses can still operate than a deflationary environment and business is locked up. It is like choosing to die between fire or ice. I'll take fire any day. Bailouts are good for people who are in debt, so many of you should be happy! You're fixed debt just got cheaper! You should be thanking your government. Idiots.

[igetzhoney]

I agree with many of the things with peter schiff HOWEVER this is not the time for being an ideologist. If they do let many banks and businesses fail, confidence will be lost in all aspects, and US will cease to exist. (imagine Joe Schmoe watching the news... he's going to freak out and pull all of his money out of the bank) The bailout buys time to fix what is needed.

[Paetaor]

I saw Tom on a bunch of shows stating the same thing.

Saw Cramer doing it early this year stating he was so sure he was going to go buy a house.

I really hope he did.

[mrzack888]

Besides Peter Prophet Schiff, EVERYONE of them is Wrong. ASSHOLES!!! All of them. Go to hell.

[nidan206]

mike.norman @ thestreet . com

[robbty18]

Lol

[nidan206]

oh i want to hear from them now. i'm going to try sending mike a link

[robbty18]

One expert vs. a group of morons.

[nidan206]

whatever long hair

[sonofaglitch2]

Schiff, right on the mark yet again.

How much longer will people keep denying the cold, hard truth?

Even just yesterday (9/27/08), Peter actually had try to provide some honesty to the American people on CNN while debating that squirrely ignoramus Stephen Leeb.

[igetzhoney]

I am curious, what did Stephen Leeb had to say?

[sonofaglitch2]

watch?v=knJudP7QgyY

Enjoy. Try not to vomit.

[takwira]

If Peter Schiff is wrong and those other clowns are right and housing prices increase 10% - then I know nothing. Even more; I will never know anything. I will never opine again.

[CBound]

Check the date of this video...

[Tasadaru]

Out of all the people who went against Peter, Mike Norman is the one I mostly despise. Good thing he's not around anymore to spread his disinformation.

[divinacomedias]

Big problem with Schiff, and this is why he gets onto TV, he supports a gold backed currency... when most of the gold reserves are in the hands of central banks and the IMF!!!!!

Schiff is therefore an international financier ploy... and nobody needed him to point out the truth he does point out.

[divinacomedias]

Debt-free currency is what is needed, and a sovereign monetary policy.

We don't need another central-bank controlled currency, whether from the Fed or from the IMF... same difference!

[eyewitness043]

Coming from Newark Nj, I know a stick-up when I see one. Just cause the robbers are white men in suits doesn't make them or their actions any less criminal. In fact, the image of an old white man in a business suits is quickly becoming synanomous with economic gangster-ism.

[setverr34]

Peter was right I sold my house back in 06 and made about 300k in profit HE IS RIGHT Everyone wants to LIE to you look at the housing market now 2008 almost 3 years later he was right all those people that were giving advise just were blind but now LOOK so listen to him he knows what he is talking about the economic system has to CRASH for this problem to be corrected not held up like there trying to do right now.

[boots920]

Your 300k US profit isn't profit if the value of the US dollar goes to 0. The US mint has stopped production of gold and silver bullion coins. Try to buy some precious metal, hard to find premium over spot. I think the one thing Peter isn't telling us is paper money is going to have 0 value.

[CBound]

Peter has said that we are facing hyperinflation. Hyperinflation often ends in the death of that paper currency.

[boots920]

What he fails to emphasize is that the US dollar is world reserve currency. So if it goes to 0, what happens to the other currencies. All the other gov. in the world are doing the same bull shit ponzi scheme crap. Got Gold ?

[CBound]

got gold

[steelhorses2004]

What a bunch of clowns. Especially Mike and Tom. Tnxs for bringing back the past.

[labartic]

MIKE NORMAN - I am a huge dumbfuck, shoot me!

[fansanx]

i like to see these videos from 2006 and 2007 of peter schiff lol i expecialy like the 1 where ben stein recoments lehman brothers at about $60 a share and then makes fun of peter that he didn't like the financials

[stinkypoon]

I think he was talking about Goldman Sachs, but yeah, he was pretty far off the mark. It's phenomenal how dead on Peter Schiff has been. To think that less than two years ago he had to talk to these hyenas laughing at him. Ugh.

[scrabblepug]

Mike Norman is an idiot.

[rosewood223]

tom is rigth!

[fansanx]

so you say that home prices are up 10 % in 2007

[eurohim]

It's funny how they all gang up on him in these older videos and nowadays they very much agree.

[idahophil]

Where are those clowns today....  and any apology to Peter from them. Not likely.

[ozziindaus]

Those clowns are probabaly now pushing for more government intervention and creditor bailouts.

[SolitonPL]

Who is laughing now! Fox News retards?!

PETER! Hahaha!

Peter ownz!

[Meloman0001]

they all look real dumb for making fun of Peter now.

[psxwarrior]

I was just about to say the same thing.