Peter Schiff The Schiff Report Video Blog May 1 2009

[TWSceptic]

The fed disliked the video. :(

[girardbcp]

Can Schiff explain why the interest rate is below 3% now in July 2010? According to him, it should be really high, right?

How does Schiff think about free market securities dwarfing Fannie/Freddie Mac securities during the bubble?

[glasseay]

i like this fellow

maby i shod buy a lotto cupon

its not often i fiend a politician i like

well don Mr.

[PhenomPhred]

I don't agree with Peter on everything, but spot on here.

[jimmyjoe1975]

Different favorite color?

[paul8kangas]

The next 4 faces on Mt. Rushmore: Peter Schiff, Ron Paul, Ralph Nader & Paul Kangas, See the video: You tube: paul8kangas, Peter Schiff for Senate.

[bajoverga]

Ralph Nader does not belong with Schiff and Paul. Nader loves big government.

[rich232399]

peter ty for your hard work! !!!!!!

[rupertmja1]

belwo, I should have said - inevitable clash (not class).

[rupertmja1]

China has a Commie govt. but they are 'allowing' capitalist practices simply becuase the inertia that it generates is diffiuclt to stop. The key to the future stability of China politically is the Army. When the inevitable class comes, will it side with the govt. or will it side with the people. If govt., same as usual. If the people, utter chaos and destruction.

[drfeelnothing]

Great report,bears try and use some logic to their portfolio,bulls try and use optimism and less worse than expected for theirs.I think we are getting to the point of analyzing the economy every 6 months instead of every day or week.The market looks out 6 months ahead....lol they never say that before a crash....only on a recovery.Trying to predict irrational behaviour is an art form.

[quicktripgas]

Yes. You are absolutely correct.

[drewry]

keep the videos coming!

[Kevin17761984]

Go Peter, thx for the Vlogs....

[zamiman]

great video, great sound, and great commentary of course. before I started reading/watching Schiff and other Austrians online, I used to watch the talking heads on CNBC. can you imagine? I'd sit actually sit through commercials. god what a waste of life. can't do it anymore. can't even imagine. they're so boring and transparent now. all I hear is quack quack quack with the occasional bah bah bah. keep it coming, please.

[the3hol]

Peter,

You might be over-thinking interest rates. 

Perhaps the *real* pressure has been upward since the election or before but the threat of fed purchase and then the actual purchase held them down briefly. Now, the over-all upward tide has swallowed all of that and roars ahead.

Thoughts?

[myrelative]

the breakout of interest rates lately was "caused" by the fed announcement, or lack thereof.

the market was obviously expecting an increase of treasuries bought by the fed.

I don't get why peter talks about shortterm market movements and tries to put them into his investment perspective. I don't know how many times he already said the dollar could drop NOW, even though he had no basis for that assumption except some short term market movements, often because of fed announcements.

[the3hol]

Ford didn't take a penny of government money. I certainly hope the gvt. support of GM and Chrysler doesn't affect F too adversely.

[rckt44]

not yet but they are moving in the right direction where as we are moving in the wrong direction

[john5246]

If capitalism is so good then why should we invest in communist china???? Is it capitalism that we like or growth in productivity and technology?

[stealthswimmer]

nothing wrong with trading with people even if we disagree with the way they do things. That's one principle of capitalism and the free market.

[MooseOfReason]

john5246, I don't understand what you're saying. Schiff doesn't disagree with capitalism. He advocates investing in foreign stocks because, unlike the US market, there is money to be made.

[spol07]

Because China is moving toward capitalism and America is moving away from capitalism.

[john5246]

Are they? I've been trying to call in and ask Peter about this during his show but there's so many callers it's hard. Is it really capitalism that's SO great? Or is it productivity, capital (which comes from savings), and technological advances????????????????????

[ftorresgamez]

"If capitalism is so good then why should we invest in communist [C]hina?"

China is now more capitalistic than the USA, especially now with Il Duce in power. Makes sense to invest THERE than HERE, with Il Duce in power.

[BlueSkies360]

The dollar is sliding and we have to get ready. I am going to a shooting range tomorrow to try out shooting for the first time in my life (to protect my food) . I hate this. I want a normal life. I hate everybody.

[chunstiger]

The audio and video are soooo much better since you got the Apple.

[chunstiger]

Spot on!

[HeWhoPawns]

Schiff, please dethrone that criminal Chris Dodd. Do it for America!

[DNATS]

Thanks for the update Mr. Schiff. Are you finalizing your position on running for Senate or moving out of Connecticut?

[minnesotachris]

Another great video blog, thank you Peter!