CNBC should be shutdown immediately!! Cramer, Kudlow and the rest of the crooks get paid by mutual funds, online brokers and Wall Street for advertsements. That is how they stay in business people. WAKE UP!!!!
It's not just lufskin who is a MAJOR joke and cheerleader, its Kudlow as well. Both are idiots and losers. They are the best contrarian indicators ever. Look at the Dow - recently at 10,731 !!!!!!! What do you have to say now Lukskin and Kudlow you 2 dipshit pieces of trash can artists.
and they keep don luskin on yet don't allow Peter Schiff back even though Peter was proven right, this proves to observant people that cnbc is a cheerleader for the US stock market.
if you bought the dow on july 5, the first business day after this video, you'd be down 16.8% in almost exactly one year. if you bought the financials, you'd be down 45.2%.
Once again Schiff is correct, today 3/6/08 at 2:00pm the market is in a free fall. The Dow is at 12100.15 he makes these guys look like fools constantly. Don Luskin has the balls to say on TV, that to reason we have a $60 Billion a month trade deficit is because we are so rich that we can afford it. With that said I truly believe that he the dumbest mutha f%*ka on the face of the earth. Thank God I have an account with Euro Pacific.
I just looked at a chart of the US dollar from back in July of 2007 when this video was made and it was at 80. Today, 2/27/08 it closed at 74.17. Gold went from $660/oz to $960/oz., a 45% gain. Luskin has no class while Schiff is a true patriot like his father and has the guts to get in front of these shills and tell it like it is. The media hates the truth, but Schiff is a brave hero for revealing what Wall St. and the U.S. government want to keep hidden.
I wonder what that twit Luskin thinks now. Even the idiot bimbo thinks the dollar is precious. They need to read the book Nemesis by Chalmers Johnson and get a grip. Peter nailed it! The petro dollar collapse is occurring now!
I put all my money with Shiff and Gold. He knows what is up. The dollar is gonna go down in flames soon. And if you have a 25% earning boom, and 20% loss in the dollar...You did not do all that well.
I am a client of Schiff. Best investment I ever made was when I moved my IRA loaded with U.S. equities over to Europacific. If Schiff is wrong how am I making money as one of his clients? mmmm...????
Thanks so much for posting this. CNBC sets up a 4 on 1 assault on reality, and Schiff just destroyed those liars/knuckleheads. He refutes all their stupid propaganda. Bubblevision must know it is losing viewers.
"Just to get our paper money, because it is that precious" - yes Don, you are delusional, (or a liar).
I hope Don Luskin only owns U.S. Dollars
edwardwills 8 months ago
Don, you have been discredited. why should anyone ever listen to you agian?
rydaug79 2 years ago
to be fair, they were both wrong here.
ah yeah, and luskin is a childish idiot.
myrelative 2 years ago
The dollar index did decline 10% by the next year, but since then it has regained almost all of that loss. Is it back to square one?
marktrade88 2 years ago
LUSKIN: Buy with both hands!
Do us all a favor and stop with the punditry Don. Unless you can find something that you understand.
svenp 3 years ago
this guy is wrong at everything he predicts but some people still listen to him this is insane.
zoroab 3 years ago
Lufskin you are a MAJOR IDIOT!!!!
geewiz1910 3 years ago
CNBC should be shutdown immediately!! Cramer, Kudlow and the rest of the crooks get paid by mutual funds, online brokers and Wall Street for advertsements. That is how they stay in business people. WAKE UP!!!!
geewiz1910 3 years ago
It's not just lufskin who is a MAJOR joke and cheerleader, its Kudlow as well. Both are idiots and losers. They are the best contrarian indicators ever. Look at the Dow - recently at 10,731 !!!!!!! What do you have to say now Lukskin and Kudlow you 2 dipshit pieces of trash can artists.
geewiz1910 3 years ago
and they keep don luskin on yet don't allow Peter Schiff back even though Peter was proven right, this proves to observant people that cnbc is a cheerleader for the US stock market.
elykdro 3 years ago
if you bought the dow on july 5, the first business day after this video, you'd be down 16.8% in almost exactly one year. if you bought the financials, you'd be down 45.2%.
Luskin is a tool deluxe!
vaughntrapp 3 years ago
(Update) It's 4pm on 3/6/08 and the trading day is over and the Dow closed at 12040.39, the Dow closed down 215 and the total market closed down 296.
ewjomega 4 years ago
Once again Schiff is correct, today 3/6/08 at 2:00pm the market is in a free fall. The Dow is at 12100.15 he makes these guys look like fools constantly. Don Luskin has the balls to say on TV, that to reason we have a $60 Billion a month trade deficit is because we are so rich that we can afford it. With that said I truly believe that he the dumbest mutha f%*ka on the face of the earth. Thank God I have an account with Euro Pacific.
ewjomega 4 years ago
I've been listening to Peter Schiff for years. I've done quite well following his advise.
Tamagodome 4 years ago
I just looked at a chart of the US dollar from back in July of 2007 when this video was made and it was at 80. Today, 2/27/08 it closed at 74.17. Gold went from $660/oz to $960/oz., a 45% gain. Luskin has no class while Schiff is a true patriot like his father and has the guts to get in front of these shills and tell it like it is. The media hates the truth, but Schiff is a brave hero for revealing what Wall St. and the U.S. government want to keep hidden.
Sentinel4truth 4 years ago
Luskin's a traitor to RP revolution. let it be known.RP2008!!! He just jumped ship to McCon, after being less than 1month on the RP team.
RosenKrantz666 4 years ago 4
I wonder what that twit Luskin thinks now. Even the idiot bimbo thinks the dollar is precious. They need to read the book Nemesis by Chalmers Johnson and get a grip. Peter nailed it! The petro dollar collapse is occurring now!
rexorooter 4 years ago 2
I put all my money with Shiff and Gold. He knows what is up. The dollar is gonna go down in flames soon. And if you have a 25% earning boom, and 20% loss in the dollar...You did not do all that well.
imnos482 4 years ago 2
schiff was proven right.
RonPauladvocate 4 years ago 2
thats true... look at the market today
guruapa 4 years ago
peter schiff looks like he's been spending too much time in the sun.
danberkeley 4 years ago
I usually like Luskin, but he's WRONG about the dollar.
brianewart 4 years ago 3
I am a client of Schiff. Best investment I ever made was when I moved my IRA loaded with U.S. equities over to Europacific. If Schiff is wrong how am I making money as one of his clients? mmmm...????
HelplessMammal 4 years ago
I agree, Don Luskin and the idiots on CNBC are one of the reasons I switched over to watching Bloomberg TV for my financial news.
adp19406 4 years ago
Thanks so much for posting this. CNBC sets up a 4 on 1 assault on reality, and Schiff just destroyed those liars/knuckleheads. He refutes all their stupid propaganda. Bubblevision must know it is losing viewers.
"Just to get our paper money, because it is that precious" - yes Don, you are delusional, (or a liar).
Green7Hornet 4 years ago 2