Peter Schiff June 26 2008 FBN - Cavuto-IDIOT HOST

[sha370z]

people took out home loans on dead people one guy had 20 home loans

people said they made $400,000 a year

[sha370z]

2009 was the aftershock 

[sha370z]

jul 2008 it got nasty

[endtyrany]

@sha370z It's about to dip by how much i have no clue it all depends how much the feds and governments of the world can pretend it's all ok, keep food and housing costs down as well as unemplyment and those in the markets will believe them or whether they can procure physical gold? Alot of what if's is where all the uncertainty is coming from!

[sooot175]

Jesus, the host is stupid. He think you can just give a number for unemployment off the top of his head?

[Thrice13]

Ahaha, listen to this guy at 2:20. "Id rather be a buyer now than a seller". This was back in June when the DJI was around 12,000. Now its below 8,000. How much money did this guy loose I wonder???

[Paolo7219]

MANY commentators in the mainstream financial media are SHILLS for the big banks/investment houses.Their job is to round up suckers for the big banks and investment houses to rip off. Guys like Gary Smith are DEMONSTRATED failures and YET they still get air time. You don't have to be a conspiracy nut to think something's fishy. Be VERY skeptical of most of the financial market commentators. DJIA: 8000 down from 12000. Any questions??

[koki4o]

"the Fed has never been wrong" hahahaha

[robertparker9999]

Its Suart Varney who is filing in for Cavuto. Varney is an idiot and does not have a clue. Peter is right as usual.

[NewVisionGlass]

all this hosts and all this people that they interview are pure greed with a great lack of reason.

These people are just not sound in economics and they are on the news giving advise to other people?

They want to go to Mars on two galons of fuel. They dont know the word limit. They think that bubles can inflate forever, they are just so out of reality.

Mr Schiff is the man.

[jpalozie]

Not sure how much Peter Schiff has been right. His prediction of 150-200 dollar oil hasn't been exactly on the money...

All of the silly "competition is great! The free market will solve all!" Idealogical fools.

[YJ777]

Peter Schiff is an idiot.

On October 28th 2008 he gave an interview on Bloomberg TV stating that the strategies outlined on BOTH his books "are NOT working"

The prices of Gold and Commodities are not taking off as he hoped, and investing in foreign currencies was a disastrous move, as most foreign currencies have collapsed.

Investing in foreign markets had an even worse effect than even investing in the US market, as exports to the US have collapsed and the dollar has gone up.

[StrandedTO]

Dude, You've got to take at least ECON 101 before calling others idiots. Don't you see that the market isn't functioning normally, because as the dollar strengthens, exports to US should go up, basic macroeconomics. It's all the deleveraging that's causing this. Investors might not wanna sell commodities or other good value stocks, but they're facing margin calls as all this crap unravels and thus are forced into buying US dollars for their transactions.

[sooot175]

@YJ777 Do you still agree?

[lazarus8989]

that host is a prick!!

[americafirst101]

people hear only what they want to hear.

about 90% of people cant take bad news, and think things are better if they side with the good news......

Peter Schiff is right on the money (whats left of it)

[jjerome77]

FOX proved again why they are SHIT!! They employ the worst hosts who have no clue what they talk about.

Peter Schiff - Again YOU ARE THE MAN.

[eagleme]

fuck fox and this ass clown of a host, as of today 9-17-08 the dow is down to 10609.66 peter is the man. Fox has been wrong with just about everything!

[unclejemima0]

FOX NEWS IS AWESOME

[alansready]

the market is bottoming short term,. but we still have a recession but the numbers are wrong.

[eurohim]

Gotta love an extremely biased host.

[kopi3nnn]

Attention to tht @ssh@ts and neo con crooks at FOX Noise: no one is buying your bullzh!T anymore.

[davincij15]

The Bureau of Labor Statistics is responsible for determining the Consumer Price Index (CPI). The inflation formula is fount at bls(dot)gov(slash)CPI

and with some digging you can uncover the multitude of changes to the CPI formula that the U.S. government has made over the years. It does not take a genius to determine the reasons for this radical alteration, does it?

[benjleeru]

Gary B. Smith is a retard. I would hate to see how much money his clients lose.

[f3hdemon]

Peter schiff is a wise man only a fool would doubt him now!

[suave286]

Peter has been so accurate so far......ounce of gold = Dow jones index.....BUY GOLD

[tk421missing]

What are you doing? Leave Peter's videos to Phil. All you are doing is diluting the viewer count. If you believe in what Peter says stop doing this!

[StrandedTO]

Free market, dude, No Monopoly. Competition is all good.

[70road]

WHAT!

[bakinjoo]

You are a moron

[StrandedTO]

Argghhhhhhh! I can't stand the Host and the clown who's trying to spin everything, so irritating!!!! Where do they find these buffoons ?!