Schiff is wrong A LOT... check out PredictionsGoneWrong dot Blogspot dot com... It has multiple videos exposing predictions that Peter was clearly wrong about...
>But cant you really screw up the market that way?
I think the dividing line between insider trading and not is if you have inside information, such as you work at the company and know of some announcement that is going to be made before the public knows it. Investors are not necessarily insiders.
I think the whole stock market is pump + dump, the only question is on what scale.
My philosophy is silver and gold _are_ money, everything else is gambling. I think diversity is a good idea.
It's funny how they say he's wrong, yet agree with everything he says. I watched that Peter Schiff is wrong, and Lebed just sounds like a knock-off of Schiff, trying to discredit him and almost cite his words at the same time. He's a total douche, and it's like Schiff said... 'If this was the end, but this is far from the end..." Peter Schiff is smart, and this kid cites no pick of Schiff's to discredit him, he simply says, 'he picked the wrong ones'. Looks like Schiff's doing better than him =\
sad no real wealth it is just a bunch of scammers running rampet I have always like schief but now i have to research more as his character is in question to me i hope it is just smoke.
It's Simple they are both wrong you don't invest in stocks period you invest on tangibles gold silver platnium food guns bullets these things shoot through the roof where we are headed? not on paper but in your hand or your safe. they are both right about the idea of things but there is no real bussiness in stock like he said it is just all speculated on one to the other leaving the slow behind that stay the course and watch it dwindle to nothing
After long thinking i agree with the people who don't think that fiat money is the problem.
It's the money system. And that money is generated by the Fed with a (1:10 ratio). If then money is put out of market in speculative markets like Dubai or even Subprime US Housing it can't flow back and the debt is growing and the goverment must increase the spendings.
Money theory is complicated and the simple Ron Paul, Peter Schiff solutions are just not enough.
Pumping yes. Promoting. But they don't dump it. Gold is a long term investment.
Pump and Dump is when someone tells you "Buy this stock. In 1 to 3 years it will be 10x the value, it's really taking off!" Then in a few weeks after the rise slows down, they sell their holdings quietly. Little by little so does everyone else who bought. It returns to at or below its starting point.
The lie is they pretend it's a buy and hold, when really they want to steal your money.
Well i dont agree with lebed on peter, peter is awesome, but i doubt george agrees with him. But he can't really express his disagreement because lebed is his sponsor and george makes money off of him .
Too corrupt for my tastes. Does george have to lose his soul to make a living? Promote a crook? Is that what we've come to? Wake me up when george loses or drops lebed as a sponsor.
This Lebad? guy reminds me of a dude that tried to get me into Amway. Talking about all the millions he was going to have, I think he's still driving that 1990 Suburu he had when we talked in 1998. I don' t think he has it because he hoards millions. I think he drives it because he's broke and has no other choice. I saw this cat last time on vacation. I think he was selling insurance then...some guys are just not stable and will always be looking for get rich quick skemes.
he does pump and dump but a lot of his picks have enough volume he cant effect the price so i still listen to his pics on large cap stocks they have made huge moves. you cant deny this.
Hopefully people do their research and come across your video commentary on this penny stock pump dumper ex SEC convict. Seriously the guy just looks so stupid for talking smack about when he agrees on 99% on what he talks about.
Get a list of lebed's stock picks & you'll see what he's about. Also, if u listened to Peter's show last Weds, a guy named Don (or something) from Iowa calls in. He claims to be a client and stated he & his condo buddies all lost money. This guy is a CRANK caller. He usually says he is Ken from San Francisco. If you listen to Peter's first show Sept 2007, he's the 1st caller. He called the black financial analyst Charles on Fox a monkey. George posted this call as evidence & since removed it.
Schiff was up for 7 years and some clients went down in 08. He told his clients to buy more on the dip. His clients make 3% to 20% on their stock dividends while they wait. Warren Buffett's stock is down about 40%, nobody's riding his ass. Wait for the dollar crash. No stock goes up in a straight line. It's an upward trend with dips.
Thanks for your video, and your no nonsense style of honest talk. I have listened to just about every video that Peter schiff has been on about more than a year now. Peter Schiff may not be right about everything. But I find him very intelligent, articulate, and he follows certain principles that he explains in a language everybody can understand. I watched JLebed's Video. It was a lot of hype, and his charges against Peter were incoherent. He is trying to defame Peter, and that is very clear.
Thank you for this video. George has peed me off bad with this and I was spammed by Goerge's people into watching his Schiff hit piece. I am never listening to George's vids ever again!
Excellent point. My personal belief is all investment in some way is pump and dump. I buy silver because I believe it is a good value, so then I promote it to get other people to buy.
JP Morgan engages in pump + dump on a massive scale, and they use the mainstream media to promote certain behaviours.
The fundamental difference is how long you're going to hold. Lebed would say "Buy stock XXX and hold it, it's going to explode 10X within 3 years!" and then he sells it after 2 wks. Schiff holds.
silver has a "value", only in whay other people are willing to pay/trade for it. i do tend to think gold and silver as a worthy investment in these times but who really knows for sure.
What do you think about Peter actually being anti american(NWO) by telling people to invest all their $ overseas, out of america(even their gold). If he is trying to "help americans", why not reinvest in america after it collapses(his prophesy), like you want to ?
There is not going to be any boom in the overseas markets, if america really falls, for a long, long time. What countrys do u think will be safer than u.s. markets ? china, down 65% for 2008 , germany down 40%, Japan down 42%, Dow 35%. U.S Currency of 2008 grew stronger against pound, euro. Not saying any of this trend will continue but what time frame are you and Peter on ? Where u putting your wealth ? thanx
3) Silver, gold, the kind you can hold in your hands
4) Paper money in your hands. Just a bit.
China, India, Brazil, Russia, Canada, Germany will all do fine. Decoupling takes a while. Claiming it is a failed theory is propaganda. One can spot the corrupt analysts that way. The US, UK, most of europe are bankrupt. Bankrupt! All they can hope to do is prolongue the lies. Japan is screwed I think. Stop thinking investments, think survival.
Agree with your survival strategy. Pretty sure Russia is screwed 2 (currency, oil, gas problems). So you think the West will not take down the whole world with it ? America is still is the military power of the world.
>So you think the West will not take down the whole world with it ?
Oh heavens no. Russia is fine with its oil exports. This oil takedown is temporary and not sustainable. It's economic warfare. US dollar will collapse with hyperinflation. The US military will evaporate like morning dew under a hot sun. Soldiers need to eat and feed their families too. If US tries to be a plundering empire (like the Mongols) China, Russia will respond with nukes. US Military is irrelevant. Game over, USA.
The operative word is "soon". I'm surprised it's held together this long.
My younger kids are 7 + 9, there's not really that much they could comprehend at this stage. Not much to tell them right now. Meanwhile business as usual. School, homework, once in a while a restaurant. Life goes on...
If there is a NWO it is already in control of all the G20 governments. I don't believe this collapse was/is planned. I think it's just incompetence.
I believe Peter is walking a fine line. He can't sound like a conspiracy nut. Has to pretend to want the US government to do the right thing. In reality he wants it to die with a wood stake in its heart. His father is in prison for fighting the IRS. Where are Peter's loyalties? Peter wants to make $ and f__k over the gov. Rebuild after collapse.
when you see the American ship going down would you suggest we send our families and ourselves to join the ship?? The US is a fiction. My money and my families welfare is much more real. And when the government fails What will be left will be my family. So. Fuck the US government. I care about my family and so should you.
>Fuck the US government. I care about my family and so should you.
We are in complete, 100 percent agreement here. Very shortly the US government will cease to be a force to be reckoned with. A force incapable of helping, and incapable of harming. So...everyone must look after themselves. That's the key. Preparing for life after the US government. It's not so hard, really.
He's an entertainer first I think. I dislike how much he rants against Jim Kramer. I lost respect for Don Harrold when Jim Kramer went on TV and was crying, telling people to get out of the stock market, go to cash for whatever they'd need for the next 5 years.
Don Harrold then called a bottom, and said it was time to buy, buy, buy! His reasoning? Just because it was the opposite of Kramer. Lunacy. So Don Harrold became noise, someone to be ignored.
Keep in mind -- Jim Kramer is beneath contempt. I never paid any attention to him. In fact I only heard about him through Don Harrold. I don't watch commercial or cable TV at all.
yeah, I don't even own a TV. thanks for your response. what I was getting at was: do you think Don is "just another person out for their share of the pie?" or do you think his services are worth any merit?
I'll give him this - back 3-4 months ago, when he said to look into NWmint, I was having trouble finding physical silver - on his advice, I checked into it & it worked out for me. granted that was 3-4 months ago - I've heard ppl have had worse times with them since then.
As far as I'm concerned, the activity of day trading, trying to time the market, moving in and out of stocks + sectors -- this is unethical. It is an effort to produce money only. Money as a goal in itself.
Anyone who tells you how to succeed in this activity is themselves unethical. It's like suppose you consider gambling to be immoral. Anyone telling you winning strategies at blackjack, craps or whatever -- it's immoral also, is it not?
My point is investment should be something where you sink your wealth in somewhere for years at a time. Stability. You get dividends, you support the growth of a company that is doing good things you approve of.
Investment should not be "Create volatility and attempt to exploit it."
I like silver. Investment in silver is a long term thing. I don't buy Fannie Mae, thinking next week the governent is going to pour more money in and I'll make 10% woohoo! I want buy + hold to be viable.
yes, we're on the same page then. the difference between investing & trading.
One of the things I could never put a finger on when it came to folks like VisionVictory, Karl Denniger, Don Harrold, etc - is that they all know & say "money is debt" in their vids. Taken to it's logical conclusion (pay down debt = no $) - what I can't understand is why they keep trying to make sense of (& beat) the system; when they know full well it is the system that needs changing.
>why they keep trying to make sense of (& beat) the system; when they know full well it is the system that needs changing.
Exactly! If you try to play by the system's rules, you _can_ thrive, but that only serves to maintain the system itself.
They used to say, "Tune in, turn on, drop out!" I favor starving the beast. The US government. All governments. Simply do not produce any excess that can be taxed. I don't seek to amass vast wealth. I simply seek to avoid supporting the corruption.
great video. i'm glad you labeled lebed as opportunistic. he has no patience for how the market really works. you can't just jump in and call the dividends bad when you know nothing about how epc works. he wants to take peter schiff's clients and show them how to be opportunistic with him by getting a few bucks here and there in his stock.
only invest in stocks if they are at the absolute minimum.
But it is hard to know when that is.
I have the feeling that one has to listen to the news.
And if the economic news is very bad, i do not expect the next boom. Anyway a boom usually is some years at least, so enough time to step in to such a boom. This time do not forget to put in a lot of "stop-losses" though.
thank you for supporting Peter. actually, I know Peter pick one stock for his client, BTE, this one is good, the dividend is 16.5%, that mean even if the stock price does not go up for 7 yrs. and you do not reinvest the dividend. but 7 yrs of dividend is enough for getting your principle back. so 7 yrs later, you get all your money back but also own a piece of company that pay you dividend. So Peter's strategy is really investing, not trading or gambling.
Anyway I don't consider it lost. My account was down 70% at one point, and it has come back this far. I'm patient like a spider sometimes... I only actually take the loss if I sell out. But I haven't had to yet.
I've got plenty of silver. I'm diversified, I don't have all my eggs in one basket. Giving some investment money to Europacific was just part of my diversification. I'd hope you don't have all your savings in silver! Yes, it might skyrocket. But when? Patience is the key.
James Dines speaks of certain mining stocks that rose by 300X. Not 300 percent, by a factor of 300. Just a bit of money in one of those and you're set. Diversification!
thank you for a level headed rant. there are SO MANY schemes that involve Wall Street that resemble pawn shop Boiler Rooms. When I look at advisors, it's common sense to see who's "legit" or not. Licenses, Certifications, experience, record...these young 20 somethings are claiming to be soothsayers have no credentials. The real estate hype picked up with a wolfpack mentality, this is the same thing. I'm only on YT to hear people's views, or to relate somewhat on current events.
It lets you know at least what he has been up to in the past
sec(.)gov/litigation/admin/33-7891.htm
(Please remove brackets and any spaces)
"Accordingly, IT IS ORDERED that proceedings, pursuant to Section 8A of the Securities Act and Section 21C of the Exchange Act, against Lebed be, and hereby are, instituted."
Europac charges 3% up front on purchases of stocks. That's their commision on their picks. They've got to make money somehow.
They don't encourage trades. Theirs is a buy and hold strategy.
Schiff has never dumped gold. He always advocates buying more and more. They do represent the Perth Mint in Australia, and they make some commission on sales. It might be 1% but I don't really know. You can get gold yourself, don't need to go through Europac.
I was talking to an attorney acquaintance of mine , he is totally oblivious to the reality of what is going on. Anyway he is all agitated about this evil wall street guy he heard about who is ripping off old people, I thought of course he was talking about Madoff, but no he was talking about Peter Schiff. My point is that thry will move heaven and earth to discredit Peter, that is a snapshot of alot o folks, the first they will hear about anything is after it has through filter of the enemy ,
I'm of the idea that people are inherently lazy. That said, when this gentleman says come to my site and research some of the the stocks that [I] like, most people will just take his word and skip any real research or at the very least just review his data on them. After all they are his picks anyway.
Now if he had some kind of guarantee that his subscriber base would be notified in advance before HE decided to sell, I would give him a benefit of a doubt.
I like silver. I don't own any physical gold, but I've got physical silver. I subscribe to Ted Butler's viewpoint. I believe there is horrendous market manipulation of all commodities, and it's worst with silver and gold (in that order). I believe the manipulation must end, sooner rather than later.
I believe in diversity. I've got money with EuroPac. I've got money in our house (completely paid off). Some mad-money in junior mining stocks. Some silver. Diversity!
I don't think he meant the whole economy is just a single pie.
The day traders are working with a fixed pie, because they don't invest long term, they try to catch people putting in, and then pull out, wait for the drop, then put money in, and ride the waves.
But they aren't leaving money in long enough, to actually expand and create wealth, they just use the technical side of how the market works, to siphon off money.
Also, I thought that some of the money has "gone away" because of the dollar strenghtening because of rallying and other currencies losing value.
In Norway we have NOK. At this time last year, your USD was just below 5 NOK each, now they are 6.9 NOK per dollar. It is not because the dollar is strong, it is because our government has bailed out a ton of people and oil prices are low (we're an oil nation).
I pick physical gold and silver over both of Schiff and Lebed. I loved Schiff's books but was unable to pull the trigger on EuroPacific. I have not counted it out but I am up 18.21% since I moved to physical 3 months ago.
I do know that Lebed is a pump and dump guy... The whole internet knows it. But, there are still plenty of nuggets in his info. I am up with a stock he is pushing, but I only put a few bucks in that direction.
I am also curious of the future of the day trader. Thanks!
Schiff is wrong A LOT... check out PredictionsGoneWrong dot Blogspot dot com... It has multiple videos exposing predictions that Peter was clearly wrong about...
GovCreatesAccounts 9 months ago
Lol, your right, Lebed got done for pumping and dumping when he was 15. There is an NY times article on him.
rgman268 2 years ago
idiot
sellingstock 2 years ago
Down 56%!!! Any advisor should be fired for that. You are an idiot if you don't realize that Lebed is right and your guy is very wrong!!!
sellingstock 2 years ago
>But cant you really screw up the market that way?
I think the dividing line between insider trading and not is if you have inside information, such as you work at the company and know of some announcement that is going to be made before the public knows it. Investors are not necessarily insiders.
I think the whole stock market is pump + dump, the only question is on what scale.
My philosophy is silver and gold _are_ money, everything else is gambling. I think diversity is a good idea.
dashxdr 3 years ago
>Is it legal to buy and sell stocks you comment on on a public venue like tv and radio?
As far as I know it is.
dashxdr 3 years ago
It's funny how they say he's wrong, yet agree with everything he says. I watched that Peter Schiff is wrong, and Lebed just sounds like a knock-off of Schiff, trying to discredit him and almost cite his words at the same time. He's a total douche, and it's like Schiff said... 'If this was the end, but this is far from the end..." Peter Schiff is smart, and this kid cites no pick of Schiff's to discredit him, he simply says, 'he picked the wrong ones'. Looks like Schiff's doing better than him =\
bubbadankness 3 years ago
Thanks Dave!
tor1976 3 years ago
sad no real wealth it is just a bunch of scammers running rampet I have always like schief but now i have to research more as his character is in question to me i hope it is just smoke.
drgreenmwdf 3 years ago
It's Simple they are both wrong you don't invest in stocks period you invest on tangibles gold silver platnium food guns bullets these things shoot through the roof where we are headed? not on paper but in your hand or your safe. they are both right about the idea of things but there is no real bussiness in stock like he said it is just all speculated on one to the other leaving the slow behind that stay the course and watch it dwindle to nothing
drgreenmwdf 3 years ago
Schiff is illuminati.
This is hegelian dialectic
control both sides of the issue and therefore you control the outcome.
peace ;)
haansgruber 3 years ago
>Schiff is illuminati.
Can you provide any supporting evidence other than "haansgruber said it"?
dashxdr 3 years ago
You make a lot of sense sir. I just subscribed.
JP5466 3 years ago
You're not a nobody.
BigfootIsMyPal 3 years ago
>You're not a nobody.
Nice of you to say! Thanks.
dashxdr 3 years ago
Sorry, I meant "Rule #2 -Never forget rule #1"
hummarstra 3 years ago
Comment removed
hummarstra 3 years ago
With Jlebed you could lose everything since it's all pump and dump
BlackMask2012 3 years ago
Wow I really don't know what to think now, other than
1) The dollar is definitely moving towards hyperinflation
2) The only way to protect our wealth is to use real commodities such as gold and silver.
LPBguy 3 years ago
After long thinking i agree with the people who don't think that fiat money is the problem.
It's the money system. And that money is generated by the Fed with a (1:10 ratio). If then money is put out of market in speculative markets like Dubai or even Subprime US Housing it can't flow back and the debt is growing and the goverment must increase the spendings.
Money theory is complicated and the simple Ron Paul, Peter Schiff solutions are just not enough.
llothar68 3 years ago
This guy is spot on
1984noway 3 years ago 3
Aren't they pumping gold?
Superplatanoman 3 years ago
Pumping yes. Promoting. But they don't dump it. Gold is a long term investment.
Pump and Dump is when someone tells you "Buy this stock. In 1 to 3 years it will be 10x the value, it's really taking off!" Then in a few weeks after the rise slows down, they sell their holdings quietly. Little by little so does everyone else who bought. It returns to at or below its starting point.
The lie is they pretend it's a buy and hold, when really they want to steal your money.
dashxdr 3 years ago
Well i dont agree with lebed on peter, peter is awesome, but i doubt george agrees with him. But he can't really express his disagreement because lebed is his sponsor and george makes money off of him .
sbmillionair 3 years ago
Too corrupt for my tastes. Does george have to lose his soul to make a living? Promote a crook? Is that what we've come to? Wake me up when george loses or drops lebed as a sponsor.
dashxdr 3 years ago
Not defending just putting that out there, it is kinda sad.
sbmillionair 3 years ago
your 100% right
Andreellos11 3 years ago
nicely put.....
This Lebad? guy reminds me of a dude that tried to get me into Amway. Talking about all the millions he was going to have, I think he's still driving that 1990 Suburu he had when we talked in 1998. I don' t think he has it because he hoards millions. I think he drives it because he's broke and has no other choice. I saw this cat last time on vacation. I think he was selling insurance then...some guys are just not stable and will always be looking for get rich quick skemes.
justgetsome 3 years ago
I agree with some of Lebed assesment. But he also recommended Newmont, DGP and so on. So not only small stocks.
I do follow his advce only IF IT MAKES SENSE TO ME. But yes, he also gets money from companies to recommend some stocks
sinitskyd 3 years ago
he does pump and dump but a lot of his picks have enough volume he cant effect the price so i still listen to his pics on large cap stocks they have made huge moves. you cant deny this.
null13373 3 years ago
Hopefully people do their research and come across your video commentary on this penny stock pump dumper ex SEC convict. Seriously the guy just looks so stupid for talking smack about when he agrees on 99% on what he talks about.
jjorge730 3 years ago
Great vid dash!!
jjorge730 3 years ago
Get a list of lebed's stock picks & you'll see what he's about. Also, if u listened to Peter's show last Weds, a guy named Don (or something) from Iowa calls in. He claims to be a client and stated he & his condo buddies all lost money. This guy is a CRANK caller. He usually says he is Ken from San Francisco. If you listen to Peter's first show Sept 2007, he's the 1st caller. He called the black financial analyst Charles on Fox a monkey. George posted this call as evidence & since removed it.
ArchaicRevivalx2012 3 years ago
Schiff was up for 7 years and some clients went down in 08. He told his clients to buy more on the dip. His clients make 3% to 20% on their stock dividends while they wait. Warren Buffett's stock is down about 40%, nobody's riding his ass. Wait for the dollar crash. No stock goes up in a straight line. It's an upward trend with dips.
ArchaicRevivalx2012 3 years ago
Thanks for your video, and your no nonsense style of honest talk. I have listened to just about every video that Peter schiff has been on about more than a year now. Peter Schiff may not be right about everything. But I find him very intelligent, articulate, and he follows certain principles that he explains in a language everybody can understand. I watched JLebed's Video. It was a lot of hype, and his charges against Peter were incoherent. He is trying to defame Peter, and that is very clear.
farhadcoyote 3 years ago
Thank you for this video. George has peed me off bad with this and I was spammed by Goerge's people into watching his Schiff hit piece. I am never listening to George's vids ever again!
Rattlesrevenge 3 years ago
good vid! im unsubscribing to george as well! sub-ing to u!!
hermbilliamherm18 3 years ago
Well said but whats the difference between JLedbed and Peter Schiff ? Arnt they both doing the same pump and dump strategy ?
zeitgeisthero 3 years ago
Excellent point. My personal belief is all investment in some way is pump and dump. I buy silver because I believe it is a good value, so then I promote it to get other people to buy.
JP Morgan engages in pump + dump on a massive scale, and they use the mainstream media to promote certain behaviours.
The fundamental difference is how long you're going to hold. Lebed would say "Buy stock XXX and hold it, it's going to explode 10X within 3 years!" and then he sells it after 2 wks. Schiff holds.
dashxdr 3 years ago
silver has a "value", only in whay other people are willing to pay/trade for it. i do tend to think gold and silver as a worthy investment in these times but who really knows for sure.
zeitgeisthero 3 years ago
What do you think about Peter actually being anti american(NWO) by telling people to invest all their $ overseas, out of america(even their gold). If he is trying to "help americans", why not reinvest in america after it collapses(his prophesy), like you want to ?
zeitgeisthero 3 years ago
There is not going to be any boom in the overseas markets, if america really falls, for a long, long time. What countrys do u think will be safer than u.s. markets ? china, down 65% for 2008 , germany down 40%, Japan down 42%, Dow 35%. U.S Currency of 2008 grew stronger against pound, euro. Not saying any of this trend will continue but what time frame are you and Peter on ? Where u putting your wealth ? thanx
zeitgeisthero 3 years ago
1) Foods, like rice, beans, canned goods
2) Guns, bullets
3) Silver, gold, the kind you can hold in your hands
4) Paper money in your hands. Just a bit.
China, India, Brazil, Russia, Canada, Germany will all do fine. Decoupling takes a while. Claiming it is a failed theory is propaganda. One can spot the corrupt analysts that way. The US, UK, most of europe are bankrupt. Bankrupt! All they can hope to do is prolongue the lies. Japan is screwed I think. Stop thinking investments, think survival.
dashxdr 3 years ago
Agree with your survival strategy. Pretty sure Russia is screwed 2 (currency, oil, gas problems). So you think the West will not take down the whole world with it ? America is still is the military power of the world.
zeitgeisthero 3 years ago
>So you think the West will not take down the whole world with it ?
Oh heavens no. Russia is fine with its oil exports. This oil takedown is temporary and not sustainable. It's economic warfare. US dollar will collapse with hyperinflation. The US military will evaporate like morning dew under a hot sun. Soldiers need to eat and feed their families too. If US tries to be a plundering empire (like the Mongols) China, Russia will respond with nukes. US Military is irrelevant. Game over, USA.
dashxdr 3 years ago
If you think america is going to crumble soon, what are you telling your kids ?
zeitgeisthero 3 years ago
>what are you telling your kids ?
The operative word is "soon". I'm surprised it's held together this long.
My younger kids are 7 + 9, there's not really that much they could comprehend at this stage. Not much to tell them right now. Meanwhile business as usual. School, homework, once in a while a restaurant. Life goes on...
dashxdr 3 years ago
If there is a NWO it is already in control of all the G20 governments. I don't believe this collapse was/is planned. I think it's just incompetence.
I believe Peter is walking a fine line. He can't sound like a conspiracy nut. Has to pretend to want the US government to do the right thing. In reality he wants it to die with a wood stake in its heart. His father is in prison for fighting the IRS. Where are Peter's loyalties? Peter wants to make $ and f__k over the gov. Rebuild after collapse.
dashxdr 3 years ago
when you see the American ship going down would you suggest we send our families and ourselves to join the ship?? The US is a fiction. My money and my families welfare is much more real. And when the government fails What will be left will be my family. So. Fuck the US government. I care about my family and so should you.
wait887 3 years ago
>Fuck the US government. I care about my family and so should you.
We are in complete, 100 percent agreement here. Very shortly the US government will cease to be a force to be reckoned with. A force incapable of helping, and incapable of harming. So...everyone must look after themselves. That's the key. Preparing for life after the US government. It's not so hard, really.
dashxdr 3 years ago
Schiff is a value investor who doesn't encourage trading for his clients' portfolio.
julebuggy 3 years ago
Very well said. Thanks for the post.
fizzix1 3 years ago
100% right on....George jetting acros the country for an interview does not fit with his "apocolytic" schtick.
destinedforobscurity 3 years ago
Well, George is filipino and has obviously eaten too many dogs assholes and cat scrotums which may have affected his brain.
DavidGilmourRox 3 years ago
ditto everything you said...well put...
i unsubscribed as well
amm1972 3 years ago
dashxdr - what's your take on Don Harrold?
VincentVonGoat 3 years ago
>what's your take on Don Harrold?
He's an entertainer first I think. I dislike how much he rants against Jim Kramer. I lost respect for Don Harrold when Jim Kramer went on TV and was crying, telling people to get out of the stock market, go to cash for whatever they'd need for the next 5 years.
Don Harrold then called a bottom, and said it was time to buy, buy, buy! His reasoning? Just because it was the opposite of Kramer. Lunacy. So Don Harrold became noise, someone to be ignored.
dashxdr 3 years ago
Keep in mind -- Jim Kramer is beneath contempt. I never paid any attention to him. In fact I only heard about him through Don Harrold. I don't watch commercial or cable TV at all.
dashxdr 3 years ago
yeah, I don't even own a TV. thanks for your response. what I was getting at was: do you think Don is "just another person out for their share of the pie?" or do you think his services are worth any merit?
I'll give him this - back 3-4 months ago, when he said to look into NWmint, I was having trouble finding physical silver - on his advice, I checked into it & it worked out for me. granted that was 3-4 months ago - I've heard ppl have had worse times with them since then.
VincentVonGoat 3 years ago
As far as I'm concerned, the activity of day trading, trying to time the market, moving in and out of stocks + sectors -- this is unethical. It is an effort to produce money only. Money as a goal in itself.
Anyone who tells you how to succeed in this activity is themselves unethical. It's like suppose you consider gambling to be immoral. Anyone telling you winning strategies at blackjack, craps or whatever -- it's immoral also, is it not?
I like Jim Rogers because he's long term.
dashxdr 3 years ago
My point is investment should be something where you sink your wealth in somewhere for years at a time. Stability. You get dividends, you support the growth of a company that is doing good things you approve of.
Investment should not be "Create volatility and attempt to exploit it."
I like silver. Investment in silver is a long term thing. I don't buy Fannie Mae, thinking next week the governent is going to pour more money in and I'll make 10% woohoo! I want buy + hold to be viable.
dashxdr 3 years ago
yes, we're on the same page then. the difference between investing & trading.
One of the things I could never put a finger on when it came to folks like VisionVictory, Karl Denniger, Don Harrold, etc - is that they all know & say "money is debt" in their vids. Taken to it's logical conclusion (pay down debt = no $) - what I can't understand is why they keep trying to make sense of (& beat) the system; when they know full well it is the system that needs changing.
VincentVonGoat 3 years ago
>why they keep trying to make sense of (& beat) the system; when they know full well it is the system that needs changing.
Exactly! If you try to play by the system's rules, you _can_ thrive, but that only serves to maintain the system itself.
They used to say, "Tune in, turn on, drop out!" I favor starving the beast. The US government. All governments. Simply do not produce any excess that can be taxed. I don't seek to amass vast wealth. I simply seek to avoid supporting the corruption.
dashxdr 3 years ago
Right On!!! Pump and Dump. I once bought Charter Communications based on advice from Jim Krammer/Mark Cuban. It was a Pump and Dump. Thanks
CarroBarrato 3 years ago
i do think don harrold is good, opportunisttic or not, though never invested in him, but would definitely know if he were a scam
chromedreamz 3 years ago
good video,thanx
chromedreamz 3 years ago
great video. i'm glad you labeled lebed as opportunistic. he has no patience for how the market really works. you can't just jump in and call the dividends bad when you know nothing about how epc works. he wants to take peter schiff's clients and show them how to be opportunistic with him by getting a few bucks here and there in his stock.
annica570 3 years ago
only invest in stocks if they are at the absolute minimum.
But it is hard to know when that is.
I have the feeling that one has to listen to the news.
And if the economic news is very bad, i do not expect the next boom. Anyway a boom usually is some years at least, so enough time to step in to such a boom. This time do not forget to put in a lot of "stop-losses" though.
dontblamethemessenge 3 years ago
You are so right!
Dakarah777 3 years ago
muahahahah
i just love your title
jlebed is a moron
gammabun 3 years ago 2
thank you for supporting Peter. actually, I know Peter pick one stock for his client, BTE, this one is good, the dividend is 16.5%, that mean even if the stock price does not go up for 7 yrs. and you do not reinvest the dividend. but 7 yrs of dividend is enough for getting your principle back. so 7 yrs later, you get all your money back but also own a piece of company that pay you dividend. So Peter's strategy is really investing, not trading or gambling.
hc167 3 years ago
I wish I had more cash to invest now that dividend yields are so high and prices are so low...But alas I'm pretty much all in.
dashxdr 3 years ago
this guy is kewl
LyricalPoetAuthor 3 years ago
well PS won me over long ago so its too late for me to see him as wrong. plus more
LyricalPoetAuthor 3 years ago
This comment has received too many negative votes show
BORING!
JurkoffJay 3 years ago
Peter Schiff is cool cause he's correct about the economy, but don't invest with his company!
Just buy some gold, and silver (mostly silver) and chill the fuck out for a few years. You deserve to lose that money if you ask me.
Don't get me wronge, fuck that asshole you're talking about. He probably got most his info from Peter Schiff in the first place.
JurkoffJay 3 years ago
>You deserve to lose that money if you ask me.
How do you figure? Am I a bad person?
Anyway I don't consider it lost. My account was down 70% at one point, and it has come back this far. I'm patient like a spider sometimes... I only actually take the loss if I sell out. But I haven't had to yet.
Thanks for your comment.
dashxdr 3 years ago
Any man deserve to lose his money for putting it in another mans hands is what I mean.
Understand when you lose 50% you have to come back 100% just to break even. I'm sure you know.
I'm suggesting that you should've just bought some physical silver and sat back and relaxed. I'm still telling you to do so in fact.
I bought 1300oz of silver at $10oz a few months back. It's at $13oz and has years to go. You do the math buddy.
Stellaconcepts has a good channel to check out on silver.
JurkoffJay 3 years ago 2
Ah! I see. You're preaching to the choir though.
I've got plenty of silver. I'm diversified, I don't have all my eggs in one basket. Giving some investment money to Europacific was just part of my diversification. I'd hope you don't have all your savings in silver! Yes, it might skyrocket. But when? Patience is the key.
James Dines speaks of certain mining stocks that rose by 300X. Not 300 percent, by a factor of 300. Just a bit of money in one of those and you're set. Diversification!
dashxdr 3 years ago
oh! 9:50 you explained. I didn't notice till just now. My mistake.
"Patience is the Key". Yes, I agree in these situations, but I still wouldn't have invested in EP. Fuck all brokerage firms.
And yes I have most my money in one basket, because my goals are very unique. You can't do like me though. I'm just WAAAAY too damn cool.
Peace out Dash
JurkoffJay 3 years ago
Right on man, smart people know that Lebed is a penny stock shill scam artist.
TruthFN 3 years ago 8
I am going to share your video with all my subscribers ...good job....
PeterSchiffChannel 3 years ago 4
Wish Schiff had some closed-end or exchange traded mutual funds. some names
Schiff Hard Currency Fund (FUUSD)
Schiff Ultrashort Stock and Bond fund
Schiff Global Equity Income Fund
pirucreek 3 years ago
I wish Schiff had a closed-end or mutual fund then we could track.
pirucreek 3 years ago
Peter Schiff is launching a hedge fund soon, stay tuned.
TruthFN 3 years ago 2
thank you for a level headed rant. there are SO MANY schemes that involve Wall Street that resemble pawn shop Boiler Rooms. When I look at advisors, it's common sense to see who's "legit" or not. Licenses, Certifications, experience, record...these young 20 somethings are claiming to be soothsayers have no credentials. The real estate hype picked up with a wolfpack mentality, this is the same thing. I'm only on YT to hear people's views, or to relate somewhat on current events.
therealcaptobvious 3 years ago 2
This is an interesting link on Lebed's site.
It lets you know at least what he has been up to in the past
sec(.)gov/litigation/admin/33-7891.htm
(Please remove brackets and any spaces)
"Accordingly, IT IS ORDERED that proceedings, pursuant to Section 8A of the Securities Act and Section 21C of the Exchange Act, against Lebed be, and hereby are, instituted."
Atom299 3 years ago 4
good catch!! Lebed is a TOTAL pump and dump guy. He was only 15 in 2000 and getting into trouble with the SEC.
therealcaptobvious 3 years ago
Brat.
Opportunistic Brat is the word you were looking for.
yogiudo 3 years ago
Schiff is pump and dumping gold. What fees does Schiff charge.
pirucreek 3 years ago
Europac charges 3% up front on purchases of stocks. That's their commision on their picks. They've got to make money somehow.
They don't encourage trades. Theirs is a buy and hold strategy.
Schiff has never dumped gold. He always advocates buying more and more. They do represent the Perth Mint in Australia, and they make some commission on sales. It might be 1% but I don't really know. You can get gold yourself, don't need to go through Europac.
dashxdr 3 years ago
I was talking to an attorney acquaintance of mine , he is totally oblivious to the reality of what is going on. Anyway he is all agitated about this evil wall street guy he heard about who is ripping off old people, I thought of course he was talking about Madoff, but no he was talking about Peter Schiff. My point is that thry will move heaven and earth to discredit Peter, that is a snapshot of alot o folks, the first they will hear about anything is after it has through filter of the enemy ,
sailfished 3 years ago
you mean to tell me that you're no longer going to donate to George's channel, or his ny expiditions?
chingon711 3 years ago
The only thing I donated to George was my attention. And I'm no longer going to grant him that.
dashxdr 3 years ago
the boldest man on youtube! lol....you make some solid points here
imitator777 3 years ago 3
Good video Dave but I think tonight's George4Title video sort of spoke for itself. I don't know though....maybe that's just me.
I watch George stricktly for entertainment, and I was assuming that's the case for most of his viewers.
TheRedPriestofVenice 3 years ago 4
I'm of the idea that people are inherently lazy. That said, when this gentleman says come to my site and research some of the the stocks that [I] like, most people will just take his word and skip any real research or at the very least just review his data on them. After all they are his picks anyway.
Now if he had some kind of guarantee that his subscriber base would be notified in advance before HE decided to sell, I would give him a benefit of a doubt.
Simpateeko 3 years ago
Dash,
i'd like to hear your thoughts on Gold and Silver - i think i heared you say you have some Silver.
dojufitz 3 years ago
I like silver. I don't own any physical gold, but I've got physical silver. I subscribe to Ted Butler's viewpoint. I believe there is horrendous market manipulation of all commodities, and it's worst with silver and gold (in that order). I believe the manipulation must end, sooner rather than later.
I believe in diversity. I've got money with EuroPac. I've got money in our house (completely paid off). Some mad-money in junior mining stocks. Some silver. Diversity!
dashxdr 3 years ago
Not really intrested in what George has to say anymore...lol......
i too have noticed a 'salesman' pitch with George.
dojufitz 3 years ago 7
The dichotomy that I am wrestling with: The pie is relatively fixed or grows slowly vs the pie is infinite and growing at a relatively quick pace.
weilandjason 3 years ago
I don't think he meant the whole economy is just a single pie.
The day traders are working with a fixed pie, because they don't invest long term, they try to catch people putting in, and then pull out, wait for the drop, then put money in, and ride the waves.
But they aren't leaving money in long enough, to actually expand and create wealth, they just use the technical side of how the market works, to siphon off money.
I think that is what he meant.
LordVigeous666999 3 years ago
"Your alligning yourself with the very people you rail against."
Exactly. Seeeellout.
JCSY44 3 years ago 3
Also, I thought that some of the money has "gone away" because of the dollar strenghtening because of rallying and other currencies losing value.
In Norway we have NOK. At this time last year, your USD was just below 5 NOK each, now they are 6.9 NOK per dollar. It is not because the dollar is strong, it is because our government has bailed out a ton of people and oil prices are low (we're an oil nation).
MatteNoob 3 years ago
I pick physical gold and silver over both of Schiff and Lebed. I loved Schiff's books but was unable to pull the trigger on EuroPacific. I have not counted it out but I am up 18.21% since I moved to physical 3 months ago.
I do know that Lebed is a pump and dump guy... The whole internet knows it. But, there are still plenty of nuggets in his info. I am up with a stock he is pushing, but I only put a few bucks in that direction.
I am also curious of the future of the day trader. Thanks!
magichandpuppet 3 years ago
Interesting video.
GiverSSJ 3 years ago
Im with you Dash !!
Fortunately Im up 237%........ silver and gold.
thirstybullet 3 years ago