12/22/2008 Part 1/3 Peter Schiff: Where To Put Your Money

[sosdkny]

"Look outside the United States and there will be plenty of them"

Classic Peter

[gustavo3322]

six months and everything will be better? Still waiting.

[Jacobrester]

12 Ways Schiff Was Wrong in 2008 Wrong about hyperinflation Wrong about the dollar Wrong about commodities except for gold Wrong about foreign currencies except for the Yen Wrong about foreign equities Wrong in timing Wrong in risk management Wrong in buy and hold thesis Wrong on decoupling Wrong on China Wrong on US treasuries Wrong on interest rates, both foreign and domestic

[crispymidget]

not wrong on any of them.

[Jacobrester]

You are hilarious........I saw him admit he was wrong on a TV interview

[crispymidget]

Then you simply lack the brain power to understand economics, the ups and downs and long term investments... oh and idiots laugh when they have nothing smart to say. The I told you so won't be worth it when we are yet again... as always... proven right.

He was wrong on nothing! You guys take regular market fluctuation and go OH HE WAS WRONG the moment something can be twisted to fit what you want to be true.

I understand. you have to be ignorant to deal with yourself. You're sad.

[Jacobrester]

Hey dumbass.........he admitted he was wrong on national television.....LOL.....what is your problem ?

[crispymidget]

Umm not at all. You simply took him admitting a momentary AND NORMAL FLUCTUATION in the marketa s him saying... oh wait he said the market didn't go constantly towards his direction.,. in short you're an idiot,... you have a fucken mental retardation and at very least you need to be medicated. You lose stupid.

[Jacobrester]

Learn how to spell yhou ignorant uneducated fool !!

[crispymidget]

and there you go making a typo out to be your victory. Now we see how desperate you are to take something, distort it and toss it up on youtube when you honestly are too stupid to understand what's going on around you. Medicate yourself immediately or like don't go out in public. We shouldn't have to suffer for your lame attempts to sound smart.

[Jacobrester]

The sky is falling !!

Keep believing that dumbass.

[crispymidget]

hey fucktard... I'm 26 and retired... keep flipping those burgers!

[Jacobrester]

You are a dumbass nerd who comes to these conspiracy videos to have some sort of excitement in your life......A rich person never reveals they are wealthy........Go play Dungeons and Dragons with your nerd friends

[ForTehNguyen]

the huge flaw with Keynesian Economics (govt spending to stimulate economy) is the source of where govt gets its money from. The govt has to take money from somewhere to spend it somewhere, all it does is redistribute money, it doesn't generate and sustain wealth. Most of the time they just get the Fed to print more money which causes inflation.

Keep the govt out, they screw up everything

[gaycure]

Schiff sounds sweet on the ears. This is an operation gladio like ploy to leave one of their corrupt inside our ranks to further the _ew world order agenda set by Mayer Amschel Rothschild in 1776. Schiff's great grand daddy Jacob, was raised in a Rothschild estate, later sent to America as another front for the Rothschild's with his Kuhn, Loeb bank and their Jekyll Island 1913 FED set up. Capitalist Jacob Schiff financed bolshevik (aka communist) V.Lenin (Jew) whom killed 30+ million Christians.

[PairoftheSocks]

Do you believe in bloodlines ore something??? Eeinstein's parents were practicaly retarded in comparison to him and your thinking schiff is a fucking communist because he had people in his family who supported communism. My grandpa is a socialist, and am I a socialist? HELL NO

[drmodestoesq]

Mr. Pair of the Socks, come on. You've watched 6000 videos (Many of them political, I'm assuming) and you don't recognize a racist conspiracy nut when you read one? Don't waste your time and valuable energy on people like this. Would you bother to argue with a rambling drunk spewing obscenities? Save your intellectual energies for for debating the dismal science with rational centrists. I mean, please, this individual thinks Lenin was Jewish.

[PairoftheSocks]

what are you talking about? Most "centrists" arn't rational at all. They believe government can solve problems, which history has taught us it cant...

[crispymidget]

Educated comment here! thanks for having a brain!

[pieaficionado]

I'm not American but am I right in saying that P Schiff's father is in jail for protesting against your income tax?

If that is so how do you reconcile that with your Rothschild/NWO theory?

[drmodestoesq]

Normally Mr Pieaficianado, I restrict myself to long well thought out argument (I know I flatter myself) but in this case I'll simply state: CHECKMATE!

---well played Mr. P.

[babydol012]

these guys are always complaining about any form of regs. SOX was suppose to protect against book cooking scandals like Enron, Tyco etc. Yet it didn't protect anyone from Credit Default swaps. They've had almost no regs in 8 years and look where it got them and us. None of these guys got it right save for Schiff so I would take their great rants of mustard seeds growing for 09 with a grain of salt. No one has mention hyper flation or what will happen when foreign investors dump the dollar

[cyenkwang]

everytime peter tries to talk some sense and explain the situation, the other fellas cut off his conversation and do all the cheering about how economy gonna recover in 2009.. this is pure propoganda which makes the common people misguided and lose their hard earn money..

[Lingerfoot]

Ron Paul and/or Jesse Ventura - 2012

[flahr1]

Why is gold priced in US dollars?

What happens to gold value if the US dollar collapes?

[robertlaf]

You can sell your gold for somebody's dollar. Gold and silver will retain their value. US goes to Ameros and the dollar is devalued 90%, in other words the Ameros you get for dollars will not buy anywhere near as much, gold will buy as much as before, more actually as everyone tries to go to precious metals.

[drmodestoesq]

Actually, this is a good question. The answer from Gold Bugs (people who are bullish on gold as a hedge against inflation and devaluations of currency) would be you should ask how many cans of soup or loaves of bread you could buy if the American Dollar collapses. The answer, being of course, more cans and loaves then before the collapse.

[robert4you]

The DOW will NOT reach 11,000 in 2009. United States has a national debt round 53,000 billion dollars. The US citizens (and those of the rest of the world) has all the right to be pessimstic about the economy - it will be much, much worse before it gets better. I am pretty sure that we will se unemployment figures round 20-25 percent within 18 months. Peter Schiff is one of the smart guys, he knows what he is talking about. Look what he said in 2002-06. He is scary...

[NoGoldenGoose]

Hay everyone go and "buy more suits", that should keep you from losing your job. Anyone believe that investing in a stock market that has lost 40% of its value going to help your employer? Hehe what a bunch of over paid idiots. How will the federal government recoup all of its excess spending? Hmmm probably by buying more suits.

[joe80dman]

"People are too pessimistic". Oh? And I suppose they have no cause to be pessimistic. And these spin doctors STILL think the People are listening to the corporate controlled media?

[Hawks9718]

@Jacobrester, every country, as soon as they realize we are bankrupt and the dollar is no longer a viable reserve currency. But you keep on believing what you believe.. Buy Morgan Stanley, Goldman Sachs, AIG.. anything in financials.. CNBC is telling you the truth! The market has bottomed! Everything is going to be alright.

[dowtoplunge]

i love watching this guy and ' myspacesecrets ' here on youtube... myspacesecrets rocks!! thx

[ggadguy]

If you want more Peter Schiff articles, news, new videos and his podcast people should check out Peter-Schiff . com.

[experimentsingeekdom]

"9 months from now 91% ppl wil be employed"...HAHAHAHAHAHA...jus­t watch this video again in 9 months and its gonna be so bad you wouldn't know whether to laugh or cry, assuming Google/youtube still exists by then..

[TopTierMarketers]

Peter has been right from the beginning...

Keep up the great videos..

To Your Success,

Jason Braud,

TopTierMarketers*com

[bawbawbla]

Man when are these idiots going to learn to not say the opposite of what Peter Schiff says. Add these knobs to the list of idiots that have been wrong for the last 5 years.

[Jacobrester]

Peter Schiff said back in June 2008, that the dollar would collapse by October 2008. Because of this collapse, commodities would skyrocket. He also recommended purchasing gold when it was sitting at $950.

What happened?

The dollar rallied tremendously. Commodities fell like a rock and gold is now sitting around $850.

Mr. Schiff was wrong on all counts.

[greling]

Actually, Peter has been recommeding gold to his clients since it was priced at $250. And $950 or $850, who cares about $100 when gold will be $2,000+ pretty soon.

[Jacobrester]

The fact that you use the term "SOON" is what people like Mr. Schiff love to do.

Does that mean by March? June ? 2012 ?

Gold will not get anywhere near $2000. It is a suckers bet at todays entry price.

[dudebud007]

soon, means within next few years dumbass!

hey moron, nobody can predict the exact date and time

[Jacobrester]

Hey shit for brains......I predict gold will fall to $600......SOON

[dudebud007]

hey fuckface, i predict that your head will be stuck in your ass forever, might as well get used to the concept of recycling shit

[Jacobrester]

Your dialogue is brilliant.

God I admire you.

[dudebud007]

you should

[drmodestoesq]

I'd have to admit you have a point on this one Mr Jacobrester. If a economic adviser's acolytes are screaming a bunch of ad hominem attacks without even an attempt to refute your point you have to wonder. Its like Ron Paul, (whom Schiff was an economic adviser to) any critical analysis of his political positions results in a mob of muck flinging fanatics threatening you with bodily harm.

[ffmarkm]

Jacobrester:

The $ has rallied because investors are deleveraging on a massive scale and seeking security: in the short term that is the $.

That said you have to bear in mind what is happening to the $: massive public sector borrowing and a fed chairman promising to print money like there is no tomorrow.

The impact of this will be a collapse of confidence in the $, with investors turning elsewhere - commodities and other currencies.

Wait for it. The collapse of the $ is on its way.

[Jacobrester]

Really?

What countries is the dollar going to fall against?

[ClubWorship]

Interesting question. No other gold standard countries. On the other hand, our debt is extreme. The Ruble is getting killed by oil. Who knows where that is going? See Lindsey Williams. By comparison, the dollar is being measured by other types of toilet paper to some extent. By, by any classic definition, the dollar is crap. But, perhaps we are in a parallel universe where the laws dont apply.

[Jacobrester]

Remember.....the dollar is no more toilet paper than the Rouble, Euro, Pound and many others.

[ClubWorship]

An unprecedented situation.  Who really knows where it goes?

[TrackerMedic]

I'm amazed at how few Americans seem to be tuned in to people like P.Schiff and the particulars of our situation. The numbers on these videos just aren't high enough. Oh well, good for us, bad for them.

[MillionthUsername]

"Stimulus" is just another word for central planning. The morons in government, who have zero money (and half that in brains), will take money from productive people and magically decide how it should best be spent. They will inevitably decide that it should be spent on growing the bureaucracy and on pork for campaign contributors.

Gee, didn't the morons just "fix the economy" a few months ago? Trillions, right? Not enough, I guess. Let's try quadrillions this time! :-/

[mrcool011]

kudlow has been wrong for years, why should I listen to him? Peter is constantly right, I should listen to him. It makes sense! Wait a minute, you can't make sense in modern media, it's all about words, not facts. Were going to be OK! billions of default's are coming in corporate real estate, hundreds of billions in possible credit card default's, hundreds in billions in student loan defauts, all will cause more lay off and thusly more defaults. Don't worry, everything is ok!

[monkeyman1140]

The problem is there is no place to hide. Not even Peter Schiff can protect you, thats bad. Economic decoupling theory failed.

[xaviqaz]

Yes, but at long term the creator of this mess (America) will suffer a lot more

[TrackerMedic]

The big picture is available at Chris Martenson's website. Look for "Crash Course". It's a fairly comprehensive macro view of the entire situation. Just google "Chris Martenson Crash Course" and you'll find it.

[hexzerg]

I agree with you the government might not even let the investors stay invested in foriegn markets.

[dudebud007]

kudlow you idiot, STOP saying the word mustard every 2 seconds !!!!!

you sound like a fucking jackass when you do that !!!!

[glennokada]

rumoursofwar: you're right, most of these guys are part of the machine...as far as Schiff goes though, he's been preaching getting out of U.S. assets altogether...I think the investments he's talking about are foreign ones..he says not to trade using dollar based commodities...just my 2 cents..and that's about all I have these days...

[Justbeatit999]

Don't forget guys that PTER SCHIFF is not the only one telling the truth. There are also JIM ROGERS, MARC FABER and RON PAUL. I just always go to financialtruth0.blogspot d ot com, because they post all the videos there when the come available, so you don't have to search all over youtube!

[Questfortruth86]

peter schiff was ron pauls economic adviser.

[DavefromPensacola]

while I love Peter, you should know Ron Paul

was a libetarian and forecasting the current

crisis long before Peter started talking. This

"advisor" status is a phony way to get Peter's

name in the headlines

[Juvebeck10]

Larry Kudlow is a bloody moron who should be laid off.

Peter Schiff should replace him.

[jehnubis]

Gotta love kudlow. He's the best interviewer hands down!

[davidedwardclark]

Ron Paul/Peter Schiff 2012!!!

[vociti]

I have a feeling that 9 months from now, we'll be looking back on this video to see how right Peter was and how wrong everyone else is. But, it would also be nice to see Peter be wrong for once and have things actually get better. Hopeful thinking. The numbers and facts can't be ignored.

[Forsure3333]

Let's come back in 9 months. I keep a note in my diary book.

[xaviqaz]

Don´t even bother. This people is always "right". In 9 months, if situation got worse, they will say that government intervention was not enough, that markets were so deregulated... whatever. I´m so tired of these puppets

[pt1200]

actually the american economy is a consumption ponzi scheme. free market invisble hand propganda masks the colonialist underpinnings of the american empire. the bitch will collapse of heart attack soon enough

[SouthFacedWindows]

Just remember this jackass guys. He said 9 months from now 90% of America will be employed!

We shall get him in 9 months.

I am polishing my shoes!

[madhuradi]

Mustard seed 7: Politicians are forced to do something in times of distress which results in actions leading to unintended consequences

Every answer to the present day questions are there in US Constitution

Time of ZERO GOVT DEBT IN US WAS IN 1830

[madhuradi]

gabelli has offices in China,japan and singapore.lesson to learn from Japan is that you cannot get out of monetary easing with existing status.

If japan raises rates, all those people still holding carry trade positions will have to revert and that would be catastrophic to yen as an exporter's currency.

So, longer the rates stay at 0% people will make decisions in plenty which will be disastrous later

Moreover US is 75% imported consumption.

Game over unless there is a bigger crisis to tacle!

[A2ronG]

Gabelli is a complete idiot. My wife lost 60% of an investment with one of his mutual funds over about 10 years, and we exited the fund a year ago well before the crash started!! Pretty much all the comparable mutual funds out performed Gabelli. I don't know how he even has a job still in mutual funds!

[Justbeatit999]

Thank you for uploading this video! Don't forget guys that PETERS SCHIFF is not the only one telling the truth! There is also JIM ROGERS, MARC FABER and RON PAUL. I just always go to financialtruth0.blogspot d ot com, because they post them there when they come available! Thanks for uploading anyway!

[justgetsome]

the love youtube, i can skip through the idiots and just watch Peter.

[JoeyPencils]

don't do a show where u are remote...u never get to talk

[stevecci]

Kudlow is a cokehead, Gabelli paid $130Mil to settle fraud...and who's Gage? I don't agree with everything Schiff has to say, but he's far more credible than the others.

[thinkrevolution]

Ron Paul 2012

[dojufitz]

That host is obnoxious....yelling over the guests. Classic Bully.

[hyperrreal]

Schiff blows. Where did this loser even come from? He's just trying to make money off of naive Paultards who'll run out and buy his book.

Paul Krugman is the man.

[kcmall]

Yeah, he's just a millionaire loser that's been right all along. How you must hate him for that.

[hyperrreal]

This was all pretty easy to predict. Hell, even the moron Bill O'Reilly predicted a sinking market and a credit crisis. There have been articles in major magazines for years about the housing bubble, but Schiff said it so it makes him a genius.

Just buy Schiff's book dammit, so he can add another 30 bucks on top of his millions. That's his bullish strategy: the "a fool and his money are soon parted" strategy.

[geir358]

And who is not trying to make money??? Check the numbers....

[tooltalk]

I'm tired of Krugman trolls - who are apparently unfamiliar with his works. Are you talking about the same guy who won a Nobel prize for his works in "international trade and geography"? the same guy who, apparently clueless about the origin of the collapse, always relied on other economists like S. Roach, N Roubini, and even Austrian bubble theory to understand the collapse of 2008? and whose solution to the crisis is to spend another $10T in a New Deal-style deficit-spending stimulus? Fugetabo

[hyperrreal]

Uh. Look around the world, pal. Every nation sinking into recession has a stimulus package in the works from China to the UK, but apparently all the worlds economists are total idiots when compared to the Paultard guru Peter Schiff. Let our major industries fail, allow our banks to self destruct, put millions out of work and on unemployment, and have total faith in the deregulated free market that put us here in the first place. Great ideas, Schiff. Maybe Hoover and you should go bowling.

[rixross]

Read your history buddy, Hoover's treasury secretary advocated a laisse faire approach, but Hoover didn't listen. He implemented many policies that made the depression worse, and Roosevelt only compounded those mistakes.

Besides, how did the free market get us into this mess? I would not call a housing bubble led by Fannie and Freddie a "deregulated market", nor do I see how having a central bank decide on the rate of interest correlates to a free market.

[hyperrreal]

Hoover's failure to intervene resulted in the collapse of hundreds of banks (sounds like Schiff re: the bailout), causing the economy to go into a death spiral. When Hoover finally did advocate gov spending it was like putting a band-aid on a gushing wound. Too little too late.

Check 1930's economic data: rising GDP, lower unemployment, and an increase in manufacturing were the result of the New Deal policies, leading Roosevelt to win an unprecedented 3rd term in 1940. Try to spin that.

[djsherin]

Hoover did intervene.

[hyperrreal]

I acknowledge that fact, but it's also clear that it was too little to late.

[rixross]

Unemployment was over 15% until WWII.

If the new deal was so great why did the depression last so damn long?

[crispymidget]

AMEN! These people are idiots who don't agree with you!

[imaginator]

hyperreal, if you didn't know, in Asian Crisis 1997, the IMF and America told Asian countries not to bailout any banks or companies, because they said these failed companies are the rotten apples that should go under. Now, America is doing the same, but in a bigger scale. Now you know why everybody hates America!

[madhuradi]

don't you understand !

US is above everyone coz it prints the money

how can US fail when it can keep printing as much as it wants

Heard someone on TV saying"US bonds are triple A in USD as we can print them"

responding to ?derating of US bonds by S&P

if they can scare the senators that there will be martial law, they shall flaunt their arsenal to other countries to sell their tresuries

[tooltalk]

Not only are u clueless about Krugman's work, u also don't seem to have much grasp of history or economics in general. Like many liberals u are certainly good at hurling stats u apparently don't understand.

Instead of jumping off the cliff b/c everyone else is doing it; why don't you explain how so-called deficit-spending Keynesian stimulus scams work so well in Japan & the rest of the third world who had "New Deal" style stimulus packages every decade last 50 years? hint: it doesn't work.

[hyperrreal]

Again, it's humourous to think that you believe you're actually smarter than the top economists in the world. Seems like such a bizarre assertion would put you in the position to defend your theories on how we should solve these economic problems, particularly the collapse of credit default swaps, without an economic stimulus. Go for it. Enlighten us.

[tooltalk]

*sigh* why don't you just admit that you just have no idea what you are talking about? Dropping Krugman's name here and there won't make you look any smarter.

Most folks don't go see their dentist when they have a brain tumor. Again, let me repeat that he's known for international trade, not crises or macroeconomics. There are hundreds of different fields of studies in economics - most economists stick to one or two very specific topics.

[tooltalk]

That is not what Krugman is known for. I've heard many Nobel laureates making naive comments about, for instance, development economics (my specialty), before.

Another point: I don't understand why I have to explain anything, especially when there are so many historical facts to support my claims. I'm not proposing that I take your tax money to bailout anybody. I don't have any "theories" or solutions. Your idol and you, on the other hand, seem to believe that there is one-size fits all answer.

[hyperrreal]

You're dodging the question and have presented no historical facts to back up your claims.

Again and again RP people claim they have the solution, but in the end it involves a hell of a lot of magical thinking to see how modern reality would conform to those philosophies. So you all circle jerk around these videos and proclaim how great everything would be if we let the largest banks and investment firms fail with no real facts in support of your assertions. Prove me wrong.

[tooltalk]

You are confusing me here: it is your honcho, Krugman, who claims to have a silver bullet with a $10T price tag - which would be financed by my tax money (and some more). I think he owes a really compelling explanation why/how his *plan* is going to work, all of a sudden, especially against the historical backdrop that government stimulus repeatedly failed in Japan since 90's, or most of Africa, Latin America or Asians nations in the past 50 years.

[tooltalk]

I don't think your understanding of "free-market" is screwed up. RP isn't saying his solutions are better - there is no solution, no "theory". We don't know enough about economics to plan something on such a grand scale, much less predict a crisis. If economists can't achieve any economic growth in a small country like Ghana with all their new roads, bridges and schools and other New Deal-style programs, I'd say we have a long way to go before throwing $10T into something 100 times bigger.

[tooltalk]

I think your understanding of "free-market" is screwed up.

[djsherin]

We're not letting our industries fail; unions and poor management are. Letting them fail (i.e. not supporting unprofitable business) will free up capital and allow a more efficient company to come along. It's not as if those plants are just going to sit there and rust and the unemployed stay that way forever.

rixross is right about Hoover.

[hyperrreal]

That's exactly what's been happening in Michigan for the last 30 years while those jobs moved to Mexico.

[edwinhermet1717]

haha look at the two guys smiling while peter is talking, they have no idea :-)

[southalgent]

I like to skip all the bullshit and just listen to the reality that Peter Schiff discusses. The other guys are jokes.

[MEXICANCONGRESSOCT10]

The other guys are SHILLS playing on the Motley Fool. Last person holding this bag of shit called our Economy, Loses.

[trem0lo]

LOL Peter @ 3:15

"You guys are in a fantasy land"

[airborne373]

How can these financial shows find quest who actually go against Peter Schiff when he has been right all along and the other quests have a history of being dead wrong.

[rh7onda7]

i bet all these talking heads are fully stocked up on gold and silver - CNBC is pure propaganda

[madhuradi]

exactly,they should disclose their positions in commodities everytime. nobody discloses their positions in commodities,good-one

[Rizky06]

Hopefully Kudlow won't give in to Advertisers and Bounce Peter Schiff from future shows!!

[leepakim]

stupid. If the US stocks are going down the European stocks will follow and fall even more. Hence Schiffs recommendation to buy European stocks is stupid and narrow minded.

[martyR13]

I think Schiff is much more bullish on Asia than Europe, because he thinks the Asians have the manufacturing base to maintain a strong economy, and that there are plenty of Asians to buy Asian goods. They don't need the American consumer. The American consumer is a parasite that has convinced the host that it is necessary for the host's survival. Eventually, the host will wake up, and realize it can operate much more efficiently without a parasite.

[madhuradi]

Foriegn policy my friend, keep asians busy ,make them fight with each other always

[evcrawfish]

a rose by any other name is still a rose. and the consumer market is a huge nasty fury one furd

[madhuradi]

there are no consumers in US

only debt slugs,

no debt.. no pigging

Fed gives debt,banks say- no more

Direct stimulus checks come

Govt's check bounces as china,jap say no sorry

Game set match

[ipe9578251]

The stock market and commodity market are not reliable indexes. They are totally manipulated. Better way of knowing the condition of the economy is by looking at the street, market places, grocery stores, etc. These 2 guys are propagandist salespeople!!!

[hurrrrrrrrrrr]

So the whole coverage on the crisis is relying on catch-words? 'Financial tsunami', 'toxic assets', 'credit crunch', 'mustard seeds'?

They have a thousand fools, always cheering. First set: the economy is great! Troubles? Bring on the other monkeys! Second set: this is a mild slowdown! Third: this is a major slowdown, but thanks to government it's gonna be great! This one: we're gonna be great by spring!

And guess who's not been wrong and who isn't changed like a little puppet?

[jpfchi]

Why does CNBC hire all these f*cking cheerleaders to come and and try to convince everyone that it's going to be ok?? Same douche bags telling everyone to buy stocks a year ago.

[sbmillionair]

These guys were calling for a summer recovery. Give me a break.

[Alexander72186]

start the revoltion

[MooseOfReason]

Kudlow is always going crazy about "mustard seeds".

I think he's smoking mustard seeds.

[shiftstart]

One too many LOL!!

[tyronebiggums3]

Mustard Seed #7: LOWER MY FU**IN' TAXES!

[newgtguy]

Schiff is the only guy here who has any kind of clue.

"Interest rates are low"

Give me a fucking break. You can't get financing without 20% down or 20% equity. Who in this broke country has that?

They are printing money like we have NEVER seen. Apparently the rest of these guys don't know how to do math.

[njcarlos1]

I sure as hell have 20% down, as should anyone even considering real estate. Long gone are the days of 0-5% down... that's why we're in this mess. However I'd hold out cause I see national avg rates hitting 4% ...anyone else?

[newgtguy]

So do I. However, the point I'm making is that most people in this country are broke. So to say that "interest rates are low" is NOT an indicator that things are getting better.

[njcarlos1]

Oh I agree... I was just wondering if anyone else thinks 30yr fixed mortgage rates will be hitting 4%. Might not be good for the economy but it'll be good for the few that are actually in the market :\

[70road]

Including the government.

[Rustyshackleford08]

Everytime I see this guy I hear about Mustard seeds...idiotic.

[Leonin88]

I can see this being a "Peter Schiff was right" in the future

[faramir44]

fkg hel !! stop shouting !

[spazznout]

thanks for your schiff posts!!!!! how long till part 2 and 3 are up!!!!!

[MooseOfReason]

They're up!

[rosewood223]

the media is challenging against the Austrian Economists

[rosewood223]

spring time?

[martyR13]

more gas, more stocks, more suits. no thanks, I'll keep riding my bike to work, and i'll be busy paying off my student loans

[byrdinflight]

That's a hell of an idea Marty. I'm right there with you.

(No sarcasm)

[NCforRonPaul]

Who is the best central economic planner...let's recruit from the former USSR.