Whatever happened to Porter Stansberry's prediction that, by the end of 2011, there would be rioting in the streets and all kinds of terrible things happening? Well, 2011 has come and gone and I haven't seen any of Stansberry's predictions come true.
With the marxist president we have and the other liberals in charge of our government, I'm not saying those terrible things will never happen, but I AM saying that it DID NOT happen in 2011 as Stansberry said it would.
Jumping on the Porter bandwagon. Yes, Porter is a hack. He was exposed in detail by Mike Stathis earlier this year.
Instead of wanting to debate a hack like Stansberry, why don't you AT LEAST debate a REAL financial expert who did not lose money in 2008 and beyond.
I know you are familiar with Mike Stathis since you both were contributors on the same Financial Site at one time. He may have the World's Best Track Record, but that shouldn't stop you from wanting to debate "experts."
Thank you sir! And Ron Paul was the one warning of the coming bust of the real estate market back in 02. And the next bubble to burst will be the education bubble as students struggle to pay back loans as jobs become thinner and thinner.
I have to say that I didn't watch the video after following the instructions to read the description first. I must say that I am impressed and happy to see that Schiff admitted his mistakes and owned up to them in a straight-forward manner. People in general (on the Internet and in real life) should learn and imitate this type of honesty and integrity. My hat is off to you, sir.
Hey Peter - at the end of the day you may have a valid point, but Porter also has many happy clients...and so do you. This just reinforces the fact each one of us has to do our own due diligence regarding making investments anywhere, and be responsible for choice, and not blame anyone if or when it turns "pear shaped". I for one am glad to hear what you've stated, as i'm a paid subscriber of Porter's, but I'll be looking more closely at my investment choices form now on. Cheers mate...
Damn, and I thought there was some truth with that Porter dude. I had read some warnings concerning him all over the net, but who knows..Peter sure did research him with with his own information...hard to deny that ,eh?
I like different perspective, I am testing Mr. Stansberry and i also respect Peter Schiff as well, including Max Kieser, and Mr. Bob Chapman... I am doing satisfactory on some choices, while others I have lost 25%. So my grade so far for Mr. Stansberry is a C. Being in the Military, you need multiple resources from respectable sources to gain perspective, which is one of the most powerful words in the English language. Having perspective you can make proper choices,so I agree with Peter
Anyone who blindly follows stock recommendations without doing ANY RESEARCH is a fool. There is clear evidence that people buy the recommendations almost immediately after the publication is emailed out. Being successful in investing requires mountains of diligence, independence, and discipline. In my opinion, Porter is the best analyst I have ever seen. The fact that he is getting ridiculed concerns me very much. The best calls like Einhorn with Allied Capital draw the most criticism.
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sadly schiffy, porter stansberry has, in my opinion 2000% more credibility than you do! aren't you running for office of some description...hmmmmm? also a little bit mischievous to suggest that people lost 80% on MBIA. i think you'll find that he suggests a "trailing stop" and not a "stop loss" as you mentioned, and that's for all recomendations. oh and b.t.w, you forgot to mention that he said GM would go broke as well.....you must have missed that one..sounding more like a politician everyday?
@72tortoise I mentioned his GM call on my show yesterday. I also mentioned that according to his newsletter, he was stopped out of that trade with a 16% loss. However, the call was good, as I had made the same call myself years earlier. Timing of course is always a problem. However, I did not mention this call in this video as I did not think it was relevant to predicting the financial crisis of 2008. I also mentioned the 25% stop loss on MBIA.
@SchiffReport i couldn't work out what your goal was with this video? let me have a stab at it...newsletter subscribers are down, book sales aren't going so well and your campaign for washington is going worse? how'd i do? sorry that wasn't very nice, i'm just so angry that i had to take half my stake off the table after a 100% gain with one of SR's other newsletters!! damn! sorry i'm biased and you "DO" look like a cardealer. apologies to reputable car salesman out there. PS has 2000% more cred
@SchiffReport i never did read your weekly emails....now i know why!! you should put the unsubscribe button at the top.....i'm sure most people don't make it to the bottom? but then again i could be wrong?
@SchiffReport Alex Jones = nutty conspiracy theorist. Porter Stansberry = scam ripoff. Alex Jones + Porter Stansberry = dangerous. The MINUTE I saw the commercial I said to myself "Hmmm, I wonder what ripoff this thing is all about." Then I looked at the site, then googled the name at the bottom of the site, and saw all of the things they were accused of. Plus, they had to pay 1.5M in a lawsuit.
@SchiffReport Whenever anyone makes predictions like "By the end of 20XX there will be rioting in the streets but if you BUY OUR STUFF then you will be well off." I just let my eyes glaze over and say "Go f yourself..." Schiff, I came here to look at the comments section and I am sorry that there are so many stupid people out there who are arguing with you. Yes you lost money, like most people did through no fault of their own, but at least you didn't say "HEY LOOK AT HOW MUCH MONEY IM MAKING!"
@72tortoise you need to drop the stansberry school of economics and attend the Schiff school of higher economic learning and you'll be much better off!
@khold1983 Yes, the only reason the general public cares about stocks these days is because the government effectively forces them to be speculators, or face draconian taxes. They call it 401k (RRSP in Canada).
Mr Sciff: Please expose the biggest fraud of all - Robert Prechter. He claims he predicted the 03/2009 lows. I can tell you, I have known this legalized Criminal since 1987. He has been wrong like a broken clock. All he said in 03/2009 is "time to take some money of the table - he still claimed he is very bearish:".
I wonder how he is still in the media, and how is he still alive. So much money he lost for people, and no one has snapped? I am not his subscriber, never was.
@g3n3r1cu53r: There's nothing wrong with being promoted by Alex Jones. NOBODY in the alternative sphere is right 100% of the time, however, Alex Jones is right more than just about anybody. Just like Peter. Whether or not you like his delivery style, the man is right...
What is the link for the Schiff Gold offerings? I have 'heard' they're offered at a much lower premium than others since they're basically non-numismatic ...
Excellent review of claims..... there are not enough people verifing facts thrown out by companies and government statistics to hold them to account...
I heard Porter Stansbury adds on the radio and check out his website. He is just another fraud benefiting from peoples fears. I follow Peter becuse he has been right all the time.
so it seems like all the trendy chart traders were thinking there would be a low test and quick bounce, ie lets buy on sale....
the fundamentals have confounded many of us in that like you say we've expected a dollar crisis, yet the market pundits keep fanning the flames of hope and fear of getting left behind, so reality has yet to set in for many of these charters, and delaying market response thus keeping the markets higher than they naturally would correct to.
Sigh. Its too dull to explain myself to the average intellect. I'm sure Mr. Schiff understood what I was saying, agree or disagree. Its called constructive criticism from a fan, take it or leave it. As for the rest of your opinions, I don't give a damn. Hell, even Peter's opinion on this matter is of no concern to me. Have a nice Sunday.
Mr. Peter Schiff, sir, you have unplugged my mind from the socialist Matrix. I am forever grateful. I bought your books afterwards. As a token of gratitude I offer criticism: focus on what you do best - making sense. Focus on your message and learn to listen. Don't respond to criticism, just focus on your message. History is on your side. Thank you for what you are doing, sir!
peter i get their emails they claim they have paid $500,000 dollars to some russians for a spyware that spys on the market more like their subscribers.and like so many others everything is money and not just a couple bucks big money for information that if people researched and read between the lines they can invest in a smart way but not all can do that if you care truly for the weak be a leader peter if you know what coming is painful times givemore life saving advice but thats just me.
peter i hope your diffrent i dont care of the past what you did or didnt, your showing people your honest ,so please be that..we know the market is a gamble but when people hang on your words to guide them..and you rob them of their little especialy with this so called awakeining people never knew how to invest are seeking truth and guidance..you do that peter and the people will support you come hell or high water... that my view..
Peter one reason I like listening to you is you rarely give specific stock recommendations. People who make many picks have ulterior motives or they would be buying themselves.
Schiff lost money in 08 because fear of the collapse send investors running to the USD for safety as well as treasuries who nwere perceived the safest.
I believe this guy(Porter Stansberry) was fined $1.5m by the SEC for defrauding his own newsletter subscribers back in 2002. He's most definitely a fraud!!
TIME IS OVER.IT’S ONLY THE START..Osama Bin Laden Died May 1,2011/Hitler Died April 30,1945 66 Years Apart!Another 6 is coming this year.Microchip-666 in hands and foreheads.Hell is real!Earthquakes,famines,floods–America..Obama threw Israel under the bus!ISRAEL lost its only friend,GOD loves ISRAEL!-WWIII!Bible Prophecy!TO NON BELIEVERS REPENT SAVE YOUR SOULS AND PRAY FOR OTHERS.JESUS IS COMING,RAPTURE IS COMING!Get raptured not suffer the great tribulation.LISTEN TO PAUL BEGLEY IN YOUTUBE.
@TheENTERRAPTURE17 Bin Laden's been dead for 10 years; don't believe all the government tells you. 9/11 was an inside job and the 9/11 Report was a total coverup. Do your homework!
@qualm43 We lost money for most clients in 2008, just like Porter. My problem was that in addition to a financial collapse I also predicted a dollar collapse, and invested based on that premise. The dollar rose in 2008, but has fallen ever since. It hit a record low against the Swiss franc Friday. The difference between Porter and I is that I was at least preparing for a financial crisis. Plus while I admit I lost money in 2008, Porter falsely claims to have profited.
@SchiffReport But why do you admit "losing money for most clients" anyway ? Did you urge your clients to sell everything in 2008 because the world was coming to an end ? If not, then even if your clients' portfolios went down- who cares ? If those losses were not realized, and they still collected dividends- then they didn't lose anything. It's just prices of their assets went temporarly down. And aren't prices of those assets today even higher than before 2008 ?
@SchiffReport How come you didn't mention that Porter Stansberry was fined $1.5m for fraud by the SEC? Apparently he defrauded his own newsletter subscribers in 2002.
@500ounces good on the irony front! This is not about opinion, that's just a straw man you're using to deflect from the real issue which here is scamming.
I'm impressed you spent so much time reading all Stansberry's newsletters Peter. I listened to the whole pitch and was certain it was a scam when the software did not want me to close my browser right at the end. A dead giveaway!
PETER! A lot of people have jumped on your bandwagon, they are finally realizing what is happening in this country. You and a few others in 2006 & before saw this crisis coming, and spoke out loud about it! Thanks, and keep up, the good work, I have read all your books, and have made some money beaucse of you and I have also SAVED some money from reading your books!Keep up the good work!
@500ounces Why do you get to tell someone what "their job is?" Are you Porter Stansbury's mother? Go put him to bed, would you? He has been telling some tall tales. Perhaps his dessert should be withheld for tonight's dinner.
It's very clear. Peter Schiff actually saw this all coming and tried to help people out by warning them IN ADVANCE. Other people like NIA and Stansberry just picked up the story to make a quick buck. They don't care about you wealth, they care about theirs.
Awesome work Peter. There are a lot of people that claim to have predicted this crash that are clearly lying to get an audience. Keep exposing them!!!!
I think it's amazing Peter is taking his time to do this for his listeners. Not only to spend the time talking about it on his show, but to respond to youtube comments as well! I was paying for a newsletter from Porter Stansberry. Well, not anymore. I'll be spreading the word on both NIA and Porter. Thank you Peter and keep up the superb work.
I bought into the Porter Stanberry but not so much for the hype, more for some miscellanious information they were advertising they had, and I got it. Some interesting tidbits and other information it was worth it, it was handy and I feel like I got my $80 worth of information I wanted, but yeah all articles and newsletters are total shit.
@uwmbigb 2.yr subscription. Think of it as 80 worthless fiat dollars I spent that has given me information and resources I need to secure tens of thousands of dollars in metals safely and legally without the IRS/GOV knowing anything. --- The newsletters really are junk played by the hype of the market, it's all marketing. But since they market to active investors of many levels, they DO have some credible information and resources that makes it well worth while.
I don't like how hes so focused on these small institutions lately...Why doesn't Peter call out the CFTC and CME for silver market manipulation, like Max Keiser? Why doesn't he call out Goldman and JPM for their market rigging? There are so many more important issues right now than Stansburry....
@wyoraider86 maybe Peter thinks there's no manipulation..maybe these manipulations being mentioned are hyped up by those people like Alex Jones , Keiser and NIA because they all are affiliated to the companies that sells them and they get a cut????
Thanks for exposing the NIA and Stransberry! I hear Stransberry's commercial voiced by Alex Jones all the time, its annoying. You're the only one that would really match their description but it did not sound like an ad you would authorize.
I also like this new dimension to the show as well; first NIA and now stanberry. A sort of economist/detective episode not just exposing people. I used to laugh at he radio commercial they originally aired that began with: " right now, according to a WEALTHY US CITIZEN . . ." -- As if that is the sole qualification for us to listen to this guy is that he has a big wad of money. That line has now changed though in the ad
Porter Stansberry is nothing more than A CON ARTIST trying to make a few last dollars off the SHEEPLE...Anyone who listens to this BOGUS TARD should have his head examined....Just shows to go ya that anybody can make money off of IDIOTS...
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I listen to Peter Schiff for economic insight not this trash-talking. How can you claim to be for laissez-faire and then abandon the principle of "let the buyer beware?" He should stick to his own message and stop worrying about other people. This is boring.
@SovereignChris I see no conflict here. I am alerting potential buyers of scams so they can make more informed purchases. That is part of the free market. Don't you believe buyers should have as much information as possible before making large purchases, especially if it prevents them from making costly mistakes.
I'm interested in the commodities and currency markets and plans to return to a 100% commodity backed money-legal tender, or other substantive economic issues personally. But, sure, blast away. But you get more bees with honey and discussing the right places-way to invest provides the alternative to all the wrong ones without hardly mentioning them.
@SovereignChris DUDE get a fucking brain, I feel enlightened now, I listen to alex jones for info, but it just shows that there are evil cunts every where!
@SovereignChris Everyone in the newsmedia has been ragging on Peter about his predictions, so it's perfectly legitimate for Peter to point out some of the scammers out there who are simply trying to get on the bandwagon & claim they knew all this was coming. Maybe you should stop listening & go drink some koolaid!
@SovereignChris If it's boring then don't listen to it. This is economic insight, it's not pure trash talk. You think Peter should keep quite when he know that this is going on? Please stfu and gtfo.
@SovereignChris Laissez-Faire doesn't translate to "fuck over everyone", by the way, informing people is the primary way of protecting consumers. They can't make an informed decision if they have no information.
@SovereignChris: You know what is a more primary principle of "laissez-faire"? Let the seller be honest.
Consider. The seller gets what? He gets money. He KNOWS exactly what he is getting. There is ZERO doubt, as money is fungible with other money, and convertable into any other good.
The buyer gets what? Answer: Too often the buyer gets royally SCREWED, because the seller made all sorts of representations that were FALSE or MISLEADING.
the new crooks are revising history to mirror a position peter holds\held long before the financial crisis. peter has had to fight (against mainstream opinion) to bring the message to us. why should peter allow a common crook like stansberry tarnish his achievements.
@schmoukiz You seem to have the lack of knowledge of the Zeitgeist Movement or The Venus Project, thus why you call it "Marxism"... putting this label just shows your lack of knowledge about TZM and TVP. Actually watch the documentary, and other documentaries such as "Home", which shows how well are ways of living are killing the earth, and eventually ourselves. So, we can try to create something new like TZM or TVP, or we can keep living this bs system, and collapse... Have a nice day.
Did you calculate the % profit or loss on a model portfolio based on Porter Stanberry's calls during the 2006-2011 period. Would have made sense to taqlk about that too.
Great expose, good to know someone has put in the effort to warn the gullible and try to make these guys accountable. Good work.
I was hoping you would have continued with your efforts for nomination, God knows America and the American people will need someone who understands the consequences of the mess created by the past politicians and take proactive steps. 2012 may be too late but the consequences would have been diluted. Everyone will suffer.
Great expose, good to know someone has put in the effort to warn the gullible and try to make these guys accountable. Good work.
I was hoping you would have continued with your efforts for nomination, God knows America and the American people will need someone who understands the consequences of the mess created by the past politicians and take proactive steps. 2012 may be too late but the consequences would have been diluted. Everyone will suffer.
Stansbury's gimmicky email links 2 long diatribe audio files on bizarre formats, that provide 0 listener interaction, were a dead giveaway- used appliance salesman!
Like G4title... these folks are plasticine caricatures of buzz words and hype in the 'truth genre'. And about as useful as analyzing Maria Bartiromo's hair for picking stocks or taking a pulse of financial health in America? Yet... many people tune in to all three! Go figure. :-( TX senate just shot down congress on stopping TSA!
This is long overdue. Every asshole out there is claiming to have predicted the financial collapse and 99% of them are full of crap. Stomp these frauds, Peter!
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The attack on NIA (long over-due) is obviously part of some sort of campaign Schiff's decided to enter into against other YT radical economic gurus judging by this, which casts doubt of Schiff's statement that the catalyst for the NIA attack was solely it happened to send him a pump & dump scam e.mail
Seems Schiff has a hidden agenda here ...what could it be ... take out the opposition, maybe he feels he's getting a little crowded as the Prince of YT economics?
@kcirdrab Not at all. After I did the NIA piece I got several emails from listeners asking me about Stansberry. As I result I decided to address the issue.
@SchiffReport So this is yr new guise is it Peter, the Caped Crusader of Youtube, bringing Stansberry to book for overplaying good calls & downplaying the not so good; don't we do all do this a little? I didn't hear anything here (apart from Stansberry's hangin with "Loony Tunes", aka Alex Jones) that makes him a candidate for Sing Sing
If we're going for wrong calls we could look at your call for the death of auto industry USA from the bailout 2008/9 ... did u hear the news from Chrysler?
@SchiffReport But peter you should totally do that. Steamroll all the posers. It's not like you're going after Celente or Maloney, these guys are con artists who are not only stealing your message, but as you say making the whole movement less authentic. And it's good radio/YT, very entertaining.
Peter is a watch dog. He calls people out when they pull scams on other people. We should be grateful to have honest people like Pete and Ron Paul out there keeping these clowns in check..
@mrlance727 Peter is just pointing out the fact that Stansberry is out there saying that he called the 2008 crisis. When, in fact, it was Peter who was out there warning about it. Watch 'Peter Schiff Mortgage Bankers' speech from november 2006 where Peter essentially lays out the entire collapse with perfect accuracy. Further, Peter has been the one that is most vocal about the dollar crisis coming up. So, I highly doubt jealousy has anything to do with it, he is calling out the frauds.
@ibislee well to his defense he is he is certainly no economist and trusted Porter because it would be hard for him to lie because of the member access to the newsletter archives, thus making Alex think there were more important things to investigate.. but hey, he have never claimed to be perfect and I bet maaany of us would be equally trusting in this case.
Jim Rogers shorted home builders... dont get me wrong, it takes nothing away from Peter. Also AFAIK Rogers recommended the Crash Proof, and Schiff respects him.
@pcuimac haha so that is why Peter and Alex are on the same network.. and Alex has Peter frequently attending his show as a guest?.. my guess are that you are either a person polarized in fear due to lack of information or a govt. paid troll
@pcuimac Considering alex is 99% of the time attacking the mainstream information and government probing in our lives, your comment seems a bit counter-intuituve. Why bad-mouth the agency that you are working for? Much of the information alex presents is accurate as far as I know. Truth is. We only know what we hear, read or see and each of those senses can easily be decieved, so the truth to you is what you believe. There will be a world govt. No question. Alex is spot on.
If you read his news letters from him and his other writers one would think they are going to get rich. I subscribed to True Wealth in 2006, written by Steve Sjuggerud, he was touting banking stocks right up to 2008. You on the other hand were warning everyone to stay away and we we going to have a housing crash and to buy PMS. I sold both my homes in 2008 and did far better than if I had continued to own my home. I unsubed from true wealth in 2008. Thank you Peter! Peace
@lizadfuel However to give Steve Sjuggerud some credit, he did tell his subscribers to buy gold in 2007. But this is the only anti-inflation/crash play that I remember.
How sad. I was clueless back then and I managed better than that clown. I sold everything in Sept '07 and started chewing my nails and stuffing cash in the mattress. I made my call for financial armageddon a couple of days before Bear went down. I didn't make a penny on any of it. I just ranted like a maniac for months, and enjoyed much ridicule all the while.
John Mauldin did a pretty good job predicting it and in excruciating detail. The Stansberry guys have made me a lot of money on some of their recommendations but i can attest to the fact that the "True Wealth" newsletter of theirs was caught completely flat footed. I will say that Porter did get the failure of GM well ahead of time...
I like how peter is willing to keep his peers honest, hes principled. Just like when robert kiyosaki came on preaching his vagueness, peter pressed him to for details and I think exposed his holes. Keep it up peter very interesting radio for those in tune to the financial world
Death to porter!!
meldridge1980 1 month ago
Whatever happened to Porter Stansberry's prediction that, by the end of 2011, there would be rioting in the streets and all kinds of terrible things happening? Well, 2011 has come and gone and I haven't seen any of Stansberry's predictions come true.
With the marxist president we have and the other liberals in charge of our government, I'm not saying those terrible things will never happen, but I AM saying that it DID NOT happen in 2011 as Stansberry said it would.
Quickdraw1111 2 months ago
Any idea where I can find Michael Burry? He's the real deal!
mfatah281 2 months ago
Jumping on the Porter bandwagon. Yes, Porter is a hack. He was exposed in detail by Mike Stathis earlier this year.
Instead of wanting to debate a hack like Stansberry, why don't you AT LEAST debate a REAL financial expert who did not lose money in 2008 and beyond.
I know you are familiar with Mike Stathis since you both were contributors on the same Financial Site at one time. He may have the World's Best Track Record, but that shouldn't stop you from wanting to debate "experts."
fuxoffyo 3 months ago
your all crooks. porter, you, alex jones, rense, gary north art bell etc etc
VICSWEB1 3 months ago
@VICSWEB1 If you have nothing useful to say, just STFU ok?
TWSceptic 2 months ago
Thank you sir! And Ron Paul was the one warning of the coming bust of the real estate market back in 02. And the next bubble to burst will be the education bubble as students struggle to pay back loans as jobs become thinner and thinner.
gfy2k1 3 months ago
I don't trust any of these long nosed fucks
ThePhiloso4 6 months ago
I have to say that I didn't watch the video after following the instructions to read the description first. I must say that I am impressed and happy to see that Schiff admitted his mistakes and owned up to them in a straight-forward manner. People in general (on the Internet and in real life) should learn and imitate this type of honesty and integrity. My hat is off to you, sir.
jc64765 6 months ago
Hey Peter - at the end of the day you may have a valid point, but Porter also has many happy clients...and so do you. This just reinforces the fact each one of us has to do our own due diligence regarding making investments anywhere, and be responsible for choice, and not blame anyone if or when it turns "pear shaped". I for one am glad to hear what you've stated, as i'm a paid subscriber of Porter's, but I'll be looking more closely at my investment choices form now on. Cheers mate...
timwebbinc 9 months ago
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Ron Paul 2012
RunLiberty 9 months ago
Damn, and I thought there was some truth with that Porter dude. I had read some warnings concerning him all over the net, but who knows..Peter sure did research him with with his own information...hard to deny that ,eh?
Poor Porter has been exposed as a BSer!!!!
yaahme 9 months ago
that sounds like alex jones, more interested in profit than accuracy.
silentmajor 9 months ago
I like different perspective, I am testing Mr. Stansberry and i also respect Peter Schiff as well, including Max Kieser, and Mr. Bob Chapman... I am doing satisfactory on some choices, while others I have lost 25%. So my grade so far for Mr. Stansberry is a C. Being in the Military, you need multiple resources from respectable sources to gain perspective, which is one of the most powerful words in the English language. Having perspective you can make proper choices,so I agree with Peter
jdev789 9 months ago
has porter responded to this?
ajent407 9 months ago
Anyone who blindly follows stock recommendations without doing ANY RESEARCH is a fool. There is clear evidence that people buy the recommendations almost immediately after the publication is emailed out. Being successful in investing requires mountains of diligence, independence, and discipline. In my opinion, Porter is the best analyst I have ever seen. The fact that he is getting ridiculed concerns me very much. The best calls like Einhorn with Allied Capital draw the most criticism.
davo92345 9 months ago
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davo92345 9 months ago
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sadly schiffy, porter stansberry has, in my opinion 2000% more credibility than you do! aren't you running for office of some description...hmmmmm? also a little bit mischievous to suggest that people lost 80% on MBIA. i think you'll find that he suggests a "trailing stop" and not a "stop loss" as you mentioned, and that's for all recomendations. oh and b.t.w, you forgot to mention that he said GM would go broke as well.....you must have missed that one..sounding more like a politician everyday?
72tortoise 9 months ago
@72tortoise I mentioned his GM call on my show yesterday. I also mentioned that according to his newsletter, he was stopped out of that trade with a 16% loss. However, the call was good, as I had made the same call myself years earlier. Timing of course is always a problem. However, I did not mention this call in this video as I did not think it was relevant to predicting the financial crisis of 2008. I also mentioned the 25% stop loss on MBIA.
SchiffReport 9 months ago 12
@SchiffReport i couldn't work out what your goal was with this video? let me have a stab at it...newsletter subscribers are down, book sales aren't going so well and your campaign for washington is going worse? how'd i do? sorry that wasn't very nice, i'm just so angry that i had to take half my stake off the table after a 100% gain with one of SR's other newsletters!! damn! sorry i'm biased and you "DO" look like a cardealer. apologies to reputable car salesman out there. PS has 2000% more cred
72tortoise 9 months ago
@SchiffReport i never did read your weekly emails....now i know why!! you should put the unsubscribe button at the top.....i'm sure most people don't make it to the bottom? but then again i could be wrong?
72tortoise 9 months ago
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@SchiffReport Alex Jones = nutty conspiracy theorist. Porter Stansberry = scam ripoff. Alex Jones + Porter Stansberry = dangerous. The MINUTE I saw the commercial I said to myself "Hmmm, I wonder what ripoff this thing is all about." Then I looked at the site, then googled the name at the bottom of the site, and saw all of the things they were accused of. Plus, they had to pay 1.5M in a lawsuit.
threadysparrow 6 hours ago
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@SchiffReport Whenever anyone makes predictions like "By the end of 20XX there will be rioting in the streets but if you BUY OUR STUFF then you will be well off." I just let my eyes glaze over and say "Go f yourself..." Schiff, I came here to look at the comments section and I am sorry that there are so many stupid people out there who are arguing with you. Yes you lost money, like most people did through no fault of their own, but at least you didn't say "HEY LOOK AT HOW MUCH MONEY IM MAKING!"
threadysparrow 6 hours ago
@72tortoise you need to drop the stansberry school of economics and attend the Schiff school of higher economic learning and you'll be much better off!
silentmajor 9 months ago
@72tortoise STFU arrogant prick.
TWSceptic 2 months ago
Isn't Alex Jones just a fear monger?
Downfurlife 9 months ago
Porter is ALL HYPE... I was a subscriber..... HE is an EGO MANIIAC....THINKS "HE" is a GENIOUS... WHEN IN REALTY HE IS A USED CAR SALESMAN AT BEST..
YES!! HE Probably makes a lot of money from his Subscrition business..But he TOTAL B.S.
mcorradi5 9 months ago
I buy gold and don´t give a fuck about stocks...
khold1983 9 months ago
@khold1983 Yes, the only reason the general public cares about stocks these days is because the government effectively forces them to be speculators, or face draconian taxes. They call it 401k (RRSP in Canada).
drewmandan 9 months ago
Mr Sciff: Please expose the biggest fraud of all - Robert Prechter. He claims he predicted the 03/2009 lows. I can tell you, I have known this legalized Criminal since 1987. He has been wrong like a broken clock. All he said in 03/2009 is "time to take some money of the table - he still claimed he is very bearish:".
I wonder how he is still in the media, and how is he still alive. So much money he lost for people, and no one has snapped? I am not his subscriber, never was.
UPSIPO 9 months ago
@g3n3r1cu53r: There's nothing wrong with being promoted by Alex Jones. NOBODY in the alternative sphere is right 100% of the time, however, Alex Jones is right more than just about anybody. Just like Peter. Whether or not you like his delivery style, the man is right...
johnjen5321 9 months ago
yea, alex jones promotes this Porter guy so what the hell do you expect? reason?
g3n3r1cu53r 9 months ago
What is the link for the Schiff Gold offerings? I have 'heard' they're offered at a much lower premium than others since they're basically non-numismatic ...
jcm8002204 9 months ago
Schiff, Please comment on "Germany's ruling coalition has agreed to shut down all of the nation's nuclear power plants by 2022."
tizacat 9 months ago
@tizacat they will not close anything, just a propoganda. Thank you
bykashka75 9 months ago
Excellent review of claims..... there are not enough people verifing facts thrown out by companies and government statistics to hold them to account...
pearlyellowgallardo 9 months ago
Comment removed
abraxalito 9 months ago
I heard Porter Stansbury adds on the radio and check out his website. He is just another fraud benefiting from peoples fears. I follow Peter becuse he has been right all the time.
BogusJesus 9 months ago 3
@500ounces he has a radio show you deuche. What he does on his radio show is entirely up to him.
timl2k11 9 months ago
This has been flagged as spam show
Peter I have an idea for a show.
Recently someone paid $50 milllion in premium for call options for gold at $1600-1800 to expire august-september.
Does this seem like a crazy bet? How much can this person make on that bet? Also foreign central banks are buying up gold. Why would that be?
I think some insights from you would be thoroughly appreciated by everyone.
seanncali 9 months ago
so it seems like all the trendy chart traders were thinking there would be a low test and quick bounce, ie lets buy on sale....
the fundamentals have confounded many of us in that like you say we've expected a dollar crisis, yet the market pundits keep fanning the flames of hope and fear of getting left behind, so reality has yet to set in for many of these charters, and delaying market response thus keeping the markets higher than they naturally would correct to.
Thanks Bernanke
FairEnterprise 9 months ago
Comment removed
seanncali 9 months ago
keep exposing these frauds!
MarketsandPolitics 9 months ago
Sigh. Its too dull to explain myself to the average intellect. I'm sure Mr. Schiff understood what I was saying, agree or disagree. Its called constructive criticism from a fan, take it or leave it. As for the rest of your opinions, I don't give a damn. Hell, even Peter's opinion on this matter is of no concern to me. Have a nice Sunday.
SovereignChris 9 months ago
Mr. Peter Schiff, sir, you have unplugged my mind from the socialist Matrix. I am forever grateful. I bought your books afterwards. As a token of gratitude I offer criticism: focus on what you do best - making sense. Focus on your message and learn to listen. Don't respond to criticism, just focus on your message. History is on your side. Thank you for what you are doing, sir!
blackswanflea 9 months ago
@blackswanflea you are welcome
bykashka75 9 months ago
Peter. When are you going to get over here to Norway and open up an office. Soon I hope.
40pluss 9 months ago
it would be nice to read along w/you on these news letters and other text media highlight events.is there any problems adding these visuals?
AwesomeBlackDude 9 months ago
peter i get their emails they claim they have paid $500,000 dollars to some russians for a spyware that spys on the market more like their subscribers.and like so many others everything is money and not just a couple bucks big money for information that if people researched and read between the lines they can invest in a smart way but not all can do that if you care truly for the weak be a leader peter if you know what coming is painful times givemore life saving advice but thats just me.
DSP02125 9 months ago
peter i hope your diffrent i dont care of the past what you did or didnt, your showing people your honest ,so please be that..we know the market is a gamble but when people hang on your words to guide them..and you rob them of their little especialy with this so called awakeining people never knew how to invest are seeking truth and guidance..you do that peter and the people will support you come hell or high water... that my view..
DSP02125 9 months ago
This has been flagged as spam show
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realrockvince 9 months ago
why you bloking my post
DSP02125 9 months ago
Peter one reason I like listening to you is you rarely give specific stock recommendations. People who make many picks have ulterior motives or they would be buying themselves.
tonybravada 9 months ago
Schiff lost money in 08 because fear of the collapse send investors running to the USD for safety as well as treasuries who nwere perceived the safest.
jezza1789 9 months ago
Schiff is about the only guy I trust. Keep fighting the good fight.
HerrLT 9 months ago
Keep exposing the scammers Peter. Your work is very much appreciated.
silvrbull 9 months ago
alex jones is a douche
tmac9938 9 months ago
I've read all of Peter's books. I hope Ron Paul makes him Treasury head when he becomes President in 2012. This guy knows economics!
ronheri 9 months ago
Keep up the good work Peter!
Ixandius 9 months ago
I believe this guy(Porter Stansberry) was fined $1.5m by the SEC for defrauding his own newsletter subscribers back in 2002. He's most definitely a fraud!!
RealHarrySeaward 9 months ago 4
Nice work Peter Schiff!. Who is next? Keep up the good work!
silverprime 9 months ago 3
Im interested in working for Euro Pac... Im an Economics Major.. Can anyone help?
101simar 9 months ago
This has been flagged as spam show
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TheENTERRAPTURE17 9 months ago
@TheENTERRAPTURE17 Bin Laden's been dead for 10 years; don't believe all the government tells you. 9/11 was an inside job and the 9/11 Report was a total coverup. Do your homework!
ronheri 9 months ago
Well peter, what was your percentage gain during 2008 if you were predicting the crash?
qualm43 9 months ago
@qualm43 We lost money for most clients in 2008, just like Porter. My problem was that in addition to a financial collapse I also predicted a dollar collapse, and invested based on that premise. The dollar rose in 2008, but has fallen ever since. It hit a record low against the Swiss franc Friday. The difference between Porter and I is that I was at least preparing for a financial crisis. Plus while I admit I lost money in 2008, Porter falsely claims to have profited.
SchiffReport 9 months ago 41
@SchiffReport But why do you admit "losing money for most clients" anyway ? Did you urge your clients to sell everything in 2008 because the world was coming to an end ? If not, then even if your clients' portfolios went down- who cares ? If those losses were not realized, and they still collected dividends- then they didn't lose anything. It's just prices of their assets went temporarly down. And aren't prices of those assets today even higher than before 2008 ?
Heniupl 9 months ago
This has been flagged as spam show
@SchiffReport How come you didn't mention that Porter Stansberry was fined $1.5m for fraud by the SEC? Apparently he defrauded his own newsletter subscribers in 2002.
RealHarrySeaward 9 months ago
Peter just keep doing what you are doing more people appreciate your insights than don't.
Tempolisto 9 months ago
Peter just won a bit of cred with me for calling out that charlatan. Here's a question: what radio personalities other than AJ were pushing this guy?
MoneyIsSilver 9 months ago
"the rebound in financials" - I almost wet myself!
abraxalito 9 months ago
@500ounces good on the irony front! This is not about opinion, that's just a straw man you're using to deflect from the real issue which here is scamming.
abraxalito 9 months ago
I'm impressed you spent so much time reading all Stansberry's newsletters Peter. I listened to the whole pitch and was certain it was a scam when the software did not want me to close my browser right at the end. A dead giveaway!
abraxalito 9 months ago
WOW TAKING ON THESE LITTLE SCUM BAGS THAT STEAL . THEY ARE THE TIP OF THE ICEBERG IN WALLSTREET FRAUD
ragedmaximus 9 months ago
PETER! A lot of people have jumped on your bandwagon, they are finally realizing what is happening in this country. You and a few others in 2006 & before saw this crisis coming, and spoke out loud about it! Thanks, and keep up, the good work, I have read all your books, and have made some money beaucse of you and I have also SAVED some money from reading your books!Keep up the good work!
450984 9 months ago
@500ounces Why do you get to tell someone what "their job is?" Are you Porter Stansbury's mother? Go put him to bed, would you? He has been telling some tall tales. Perhaps his dessert should be withheld for tonight's dinner.
joepeeler34 9 months ago
It is a breath of fresh air to hear critical analysis of people giving financial advice. Thank you.
9FINGA 9 months ago
It's very clear. Peter Schiff actually saw this all coming and tried to help people out by warning them IN ADVANCE. Other people like NIA and Stansberry just picked up the story to make a quick buck. They don't care about you wealth, they care about theirs.
dpla5762 9 months ago
Awesome work Peter. There are a lot of people that claim to have predicted this crash that are clearly lying to get an audience. Keep exposing them!!!!
dpla5762 9 months ago
I think it's amazing Peter is taking his time to do this for his listeners. Not only to spend the time talking about it on his show, but to respond to youtube comments as well! I was paying for a newsletter from Porter Stansberry. Well, not anymore. I'll be spreading the word on both NIA and Porter. Thank you Peter and keep up the superb work.
Waystheskyburns 9 months ago
NIA is great for economy updates.
1) Anything you hear should be taken with a grain of salt.
2) DYODD.
These 2 will save you a great deal of headaches.
boipinoi604 9 months ago
I bought into the Porter Stanberry but not so much for the hype, more for some miscellanious information they were advertising they had, and I got it. Some interesting tidbits and other information it was worth it, it was handy and I feel like I got my $80 worth of information I wanted, but yeah all articles and newsletters are total shit.
Forsakren 9 months ago
@Forsakren 80 bucks!?!
uwmbigb 9 months ago
@uwmbigb 2.yr subscription. Think of it as 80 worthless fiat dollars I spent that has given me information and resources I need to secure tens of thousands of dollars in metals safely and legally without the IRS/GOV knowing anything. --- The newsletters really are junk played by the hype of the market, it's all marketing. But since they market to active investors of many levels, they DO have some credible information and resources that makes it well worth while.
Forsakren 9 months ago
NIA are a bunch of losers, go Peter!
TheOshface 9 months ago
Why gold started rising only in 2000? Money were printed all the time though
semidude 9 months ago
I don't like how hes so focused on these small institutions lately...Why doesn't Peter call out the CFTC and CME for silver market manipulation, like Max Keiser? Why doesn't he call out Goldman and JPM for their market rigging? There are so many more important issues right now than Stansburry....
wyoraider86 9 months ago
@wyoraider86 You are absolutely right, my thoughts exactly.
WhatInTheFlagnod 9 months ago
@wyoraider86 maybe Peter thinks there's no manipulation..maybe these manipulations being mentioned are hyped up by those people like Alex Jones , Keiser and NIA because they all are affiliated to the companies that sells them and they get a cut????
bc5620 9 months ago
Take them out Baby!!!! Good stuff to know. I would also like to say, "Thanks for exposing the NIA and Stransberry".
Hey SovereignChris, Peter is not abandoning the principle of "Let the buyer beware". He is helping the "Buyer to become aware".
tippyparrish 9 months ago
Thanks for exposing the NIA and Stransberry! I hear Stransberry's commercial voiced by Alex Jones all the time, its annoying. You're the only one that would really match their description but it did not sound like an ad you would authorize.
Keep up the great work!
K46620 9 months ago
What about Casey Research?
CommanderBR 9 months ago
I also like this new dimension to the show as well; first NIA and now stanberry. A sort of economist/detective episode not just exposing people. I used to laugh at he radio commercial they originally aired that began with: " right now, according to a WEALTHY US CITIZEN . . ." -- As if that is the sole qualification for us to listen to this guy is that he has a big wad of money. That line has now changed though in the ad
val5214 9 months ago
Porter Stansberry is nothing more than A CON ARTIST trying to make a few last dollars off the SHEEPLE...Anyone who listens to this BOGUS TARD should have his head examined....Just shows to go ya that anybody can make money off of IDIOTS...
BabylonsKing 9 months ago
Interesting. Thank you for sharing this.
chiyerano 9 months ago
Rip them a new ass Peter!!!!!
whitroc01 9 months ago
I laughed when I read "Stansberry Research"
ericplatham 9 months ago
This comment has received too many negative votes show
I listen to Peter Schiff for economic insight not this trash-talking. How can you claim to be for laissez-faire and then abandon the principle of "let the buyer beware?" He should stick to his own message and stop worrying about other people. This is boring.
SovereignChris 9 months ago
@SovereignChris I see no conflict here. I am alerting potential buyers of scams so they can make more informed purchases. That is part of the free market. Don't you believe buyers should have as much information as possible before making large purchases, especially if it prevents them from making costly mistakes.
SchiffReport 9 months ago 82
@SchiffReport
Peter,
Why is it that when I had asked about Porter Stansberry on your G4T interview I was flagged as spam?
LVMMAPromotions 9 months ago
@LVMMAPromotions its not peter who marks comments as spam, people do.
Povidius 9 months ago
@SchiffReport Peter I think a lot of people would be interested in you interviewing Mish Shedlock
tonyciv4 9 months ago 2
I'm interested in the commodities and currency markets and plans to return to a 100% commodity backed money-legal tender, or other substantive economic issues personally. But, sure, blast away. But you get more bees with honey and discussing the right places-way to invest provides the alternative to all the wrong ones without hardly mentioning them.
SovereignChris 9 months ago
@SovereignChris DUDE get a fucking brain, I feel enlightened now, I listen to alex jones for info, but it just shows that there are evil cunts every where!
thank the lord for peter schiff!!!
Tomta20012 9 months ago
@SovereignChris Everyone in the newsmedia has been ragging on Peter about his predictions, so it's perfectly legitimate for Peter to point out some of the scammers out there who are simply trying to get on the bandwagon & claim they knew all this was coming. Maybe you should stop listening & go drink some koolaid!
cresidue 9 months ago
@SovereignChris You can't have a free market without the freedom to trash-talk.
exiquio 9 months ago 3
@SovereignChris If it's boring then don't listen to it. This is economic insight, it's not pure trash talk. You think Peter should keep quite when he know that this is going on? Please stfu and gtfo.
Waystheskyburns 9 months ago
@SovereignChris Laissez-Faire doesn't translate to "fuck over everyone", by the way, informing people is the primary way of protecting consumers. They can't make an informed decision if they have no information.
s0beit 9 months ago
@SovereignChris: You know what is a more primary principle of "laissez-faire"? Let the seller be honest.
Consider. The seller gets what? He gets money. He KNOWS exactly what he is getting. There is ZERO doubt, as money is fungible with other money, and convertable into any other good.
The buyer gets what? Answer: Too often the buyer gets royally SCREWED, because the seller made all sorts of representations that were FALSE or MISLEADING.
The "Let the buyer beware" is SCAM saying.
honestann 9 months ago
the new crooks are revising history to mirror a position peter holds\held long before the financial crisis. peter has had to fight (against mainstream opinion) to bring the message to us. why should peter allow a common crook like stansberry tarnish his achievements.
hume1234561 9 months ago
Thanks for doing the homework for us Peter. You're a sweetheart.
mkmason2002 9 months ago
listening to Peter the Great is so fulfilling!
achmachat 9 months ago
Crash NIA
Crash G4T
Crash Porter!!!!!!!
LOVE YOU PETER!! YOU ARE GOD!!!!
DeathOfTheDollar2010 9 months ago
PETER IS GOD!!!!!!!
Crash PORTER . COM
DeathOfTheDollar2010 9 months ago
Thanks Mr. Schiff for your insight!
T4L0NNL 9 months ago
Alex Jones is a fraud.
The Zeitgeist (Venus Project) freaks are the worst sort of Marxist statists disguised as anarchists.
End of story.
schmoukiz 9 months ago
@schmoukiz You seem to have the lack of knowledge of the Zeitgeist Movement or The Venus Project, thus why you call it "Marxism"... putting this label just shows your lack of knowledge about TZM and TVP. Actually watch the documentary, and other documentaries such as "Home", which shows how well are ways of living are killing the earth, and eventually ourselves. So, we can try to create something new like TZM or TVP, or we can keep living this bs system, and collapse... Have a nice day.
benandreas369 9 months ago
Typical son of of lucifer, you got no peace, always looking for trouble. Don't worry peter when Jesus comes peace will be found
spotthatruth1 9 months ago
Peter,
Did you calculate the % profit or loss on a model portfolio based on Porter Stanberry's calls during the 2006-2011 period. Would have made sense to taqlk about that too.
shambharwani123 9 months ago
Hey Peter,
Great expose, good to know someone has put in the effort to warn the gullible and try to make these guys accountable. Good work.
I was hoping you would have continued with your efforts for nomination, God knows America and the American people will need someone who understands the consequences of the mess created by the past politicians and take proactive steps. 2012 may be too late but the consequences would have been diluted. Everyone will suffer.
shambharwani123 9 months ago
Hey Peter,
Great expose, good to know someone has put in the effort to warn the gullible and try to make these guys accountable. Good work.
I was hoping you would have continued with your efforts for nomination, God knows America and the American people will need someone who understands the consequences of the mess created by the past politicians and take proactive steps. 2012 may be too late but the consequences would have been diluted. Everyone will suffer.
shambharwani123 9 months ago
hahaha peter schiff would be so cool to have in washington...
TheJonasFrimodt 9 months ago
Sure looks like A.J. better rethink his choice of Hollywood friends and advertisers.
Garyscott7 9 months ago
You are batting 1000 Peter. Porter has a poor track record at best, but a great marketing company.
Garyscott7 9 months ago
I think Peter wants to be the only one telling people the giant crash is coming. NIA and now Porter Stansberry. So Peter, how much did they pay you?
btigtime2 9 months ago
Stansbury's gimmicky email links 2 long diatribe audio files on bizarre formats, that provide 0 listener interaction, were a dead giveaway- used appliance salesman!
Like G4title... these folks are plasticine caricatures of buzz words and hype in the 'truth genre'. And about as useful as analyzing Maria Bartiromo's hair for picking stocks or taking a pulse of financial health in America? Yet... many people tune in to all three! Go figure. :-( TX senate just shot down congress on stopping TSA!
anyusmoon1 9 months ago
The truth hurts.
humanvegetable 9 months ago
LOL Thanks peter - you rock!
TheDarchorse 9 months ago
I bet Schiff will steer well clear of Mish Shedlock & Mike Stathis in this campaign, they can handle themselves in a fight : )
kcirdrab 9 months ago
This is long overdue. Every asshole out there is claiming to have predicted the financial collapse and 99% of them are full of crap. Stomp these frauds, Peter!
IKilled007 9 months ago
This comment has received too many negative votes show
The attack on NIA (long over-due) is obviously part of some sort of campaign Schiff's decided to enter into against other YT radical economic gurus judging by this, which casts doubt of Schiff's statement that the catalyst for the NIA attack was solely it happened to send him a pump & dump scam e.mail
Seems Schiff has a hidden agenda here ...what could it be ... take out the opposition, maybe he feels he's getting a little crowded as the Prince of YT economics?
kcirdrab 9 months ago
@kcirdrab Not at all. After I did the NIA piece I got several emails from listeners asking me about Stansberry. As I result I decided to address the issue.
SchiffReport 9 months ago 59
@SchiffReport So this is yr new guise is it Peter, the Caped Crusader of Youtube, bringing Stansberry to book for overplaying good calls & downplaying the not so good; don't we do all do this a little? I didn't hear anything here (apart from Stansberry's hangin with "Loony Tunes", aka Alex Jones) that makes him a candidate for Sing Sing
If we're going for wrong calls we could look at your call for the death of auto industry USA from the bailout 2008/9 ... did u hear the news from Chrysler?
kcirdrab 9 months ago
@kcirdrab
The news? Oh, you mean the government cooking the books and pushing propaganda?
:/
SeppLainer 9 months ago
@SchiffReport But peter you should totally do that. Steamroll all the posers. It's not like you're going after Celente or Maloney, these guys are con artists who are not only stealing your message, but as you say making the whole movement less authentic. And it's good radio/YT, very entertaining.
samqueler 9 months ago 2
@SchiffReport I support and thank what you are doing. Don't worry about the trolls.
lnclincoln 9 months ago 2
Peter is a watch dog. He calls people out when they pull scams on other people. We should be grateful to have honest people like Pete and Ron Paul out there keeping these clowns in check..
scotthudek01 9 months ago
peter just picking fights with everybody. whats his deal? very jealous? when the collapse comes later this yr well see who the fraud is.
mrlance727 9 months ago
@mrlance727 Peter is just pointing out the fact that Stansberry is out there saying that he called the 2008 crisis. When, in fact, it was Peter who was out there warning about it. Watch 'Peter Schiff Mortgage Bankers' speech from november 2006 where Peter essentially lays out the entire collapse with perfect accuracy. Further, Peter has been the one that is most vocal about the dollar crisis coming up. So, I highly doubt jealousy has anything to do with it, he is calling out the frauds.
synestheticmonotony 9 months ago
Haha, Peter clearing out his competitors the honest way.
aratsky2 9 months ago
Porter Stansberry is a FRAUD. Period.
RedMarineNex 9 months ago
Peter is "goin in" on every fraudster out there right now...
traynickel 9 months ago 2
Alex advertises Porter throughout his shows. Considering that Alex is supposedly a very thorough investigator, he really missed this one.
ibislee 9 months ago
@ibislee well to his defense he is he is certainly no economist and trusted Porter because it would be hard for him to lie because of the member access to the newsletter archives, thus making Alex think there were more important things to investigate.. but hey, he have never claimed to be perfect and I bet maaany of us would be equally trusting in this case.
badstacksize 9 months ago
Ha ha, Peter is on a real warpath lately. Good, VERY good. He is the only one who predicted the crisis. Destroy them Peter.
martinbelmont 9 months ago 19
@martinbelmont ha,ha, totally! Peter the Destroyer! NIA got crushed; Porter is toast!
purplefetus3 9 months ago 2
@martinbelmont
Jim Rogers shorted home builders... dont get me wrong, it takes nothing away from Peter. Also AFAIK Rogers recommended the Crash Proof, and Schiff respects him.
Voy2378 9 months ago
One of the not many honest person on YouTube: Peter Schiff
Thanks for warning in time.
btw. Alex Jones is a mouthpiece of the CIA disinformation brigade.
He is a caricature of an investigator.
pcuimac 9 months ago
@pcuimac why would you say that? what is your proof?
kriszab 9 months ago
@pcuimac haha so that is why Peter and Alex are on the same network.. and Alex has Peter frequently attending his show as a guest?.. my guess are that you are either a person polarized in fear due to lack of information or a govt. paid troll
badstacksize 9 months ago
@pcuimac Considering alex is 99% of the time attacking the mainstream information and government probing in our lives, your comment seems a bit counter-intuituve. Why bad-mouth the agency that you are working for? Much of the information alex presents is accurate as far as I know. Truth is. We only know what we hear, read or see and each of those senses can easily be decieved, so the truth to you is what you believe. There will be a world govt. No question. Alex is spot on.
liquifiedart 9 months ago
If you read his news letters from him and his other writers one would think they are going to get rich. I subscribed to True Wealth in 2006, written by Steve Sjuggerud, he was touting banking stocks right up to 2008. You on the other hand were warning everyone to stay away and we we going to have a housing crash and to buy PMS. I sold both my homes in 2008 and did far better than if I had continued to own my home. I unsubed from true wealth in 2008. Thank you Peter! Peace
lizadfuel 9 months ago
@lizadfuel However to give Steve Sjuggerud some credit, he did tell his subscribers to buy gold in 2007. But this is the only anti-inflation/crash play that I remember.
lizadfuel 9 months ago
How sad. I was clueless back then and I managed better than that clown. I sold everything in Sept '07 and started chewing my nails and stuffing cash in the mattress. I made my call for financial armageddon a couple of days before Bear went down. I didn't make a penny on any of it. I just ranted like a maniac for months, and enjoyed much ridicule all the while.
Then Lehman went under.
It was one of the best days ever.
WGS669 9 months ago
However, his stock picks seem pretty good compared to alternatives.
pirucreek 9 months ago
Peter , may the good Lord bless your socks off
colinjockgraham 9 months ago
There was no more accurate predictor of financial crisis than Schiff he even pwned Ben Stein and Art Laffer.
pirucreek 9 months ago
Good work, Peter Schiff. Champion of the truth.
tomniemiller 9 months ago
John Mauldin did a pretty good job predicting it and in excruciating detail. The Stansberry guys have made me a lot of money on some of their recommendations but i can attest to the fact that the "True Wealth" newsletter of theirs was caught completely flat footed. I will say that Porter did get the failure of GM well ahead of time...
dontdispie 9 months ago
I like how peter is willing to keep his peers honest, hes principled. Just like when robert kiyosaki came on preaching his vagueness, peter pressed him to for details and I think exposed his holes. Keep it up peter very interesting radio for those in tune to the financial world
fuckoff187 9 months ago
Boom, Bang! You did it again Peter!
MattChartAnalysis 9 months ago
That online "video" PS has is the worst, it just goes on forever.
jimmydemoret 9 months ago
This has been flagged as spam show
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87solarsky 9 months ago
This video is kind of blah.......
I want more videos of Peter bashing the NIA
rudemood2011 9 months ago
"A fool and his money are soon parted."
mahavira108 9 months ago
@mahavira108 Gordon Gekko: A fool and his money are lucky enough to get together in the first place. :)
robertplant634 9 months ago
Please do Harry Dent next. Many listen to him and I'm curious of your thoughts.
RobbieDtv 9 months ago