05/09/2002-Part 2 Peter Schiff On Southland Today

[mites7]

He's totally right, the Yen used to be 1:360?! It's 1:70 or 80 now!

[biasply77]

Allen Greenspan put the brakes down on Peter Schiff and his short term predictions back then by cutting interest rates to almost 0 and keeping them low for years.

Now the problem is many times worse.

[Azbx23]

Why don't we all just speculate in everything to raise prices and then all get out at the same time?

Everyone wins.

[GusBariga]

@Azbx23 if everyone got out at the same time, there would be no one to buy it, everyone would be left holding the bag and everyone would lose.

[Azbx23]

@GusBariga I was being sarcastic hehe

[mistermayy]

Surrounded by all these phony talking heads, this guy is GOD.

[scienterprize]

Peter, u have all my respect, ignore what other people say to try to criticise u.

[conquerorofbabylon]

Dividend farming baby yeahhhhhh.

[PureAdrenaline97]

"A lot of companies are going to go under" Peter Schiff is the man he's been right for 7 years straight!

[ulysseinvest]

This guy is huge and sees it all coming:

"On July 21, 2002, WorldCom filed for Chapter 11 bankruptcy protection in the largest such filing in United States history at the time (since overtaken by the collapse of Lehman Brothers in September 2008)."

(from Wikipedia April 25 2009)

[AFRIKTODAY]

IRWIN SCHIFF SON RIGHT THERE DUDE! Free Irwin!!

[tinstareel2]

"Wall Street has brainwashed the public".

Just 3112 views in nearly 18 months. Yep.

[marirsmania]

OMG..What a closing statement - 'And wait for the next mania so that we can sell out to the next group of suckers'..

[LordVigeous666999]

yeah, i would prefer not using, "Sell out" to the next group of suckers, but hey, no bodies perfect

[vitalnexus08]

I wish I had seen this back in 2002. Back then, even though I hadn't yet known about the whole agenda by the elites...but this would have been logical to me. Now my 401k has lost 35% of its value, because I was clueless. So, to me, if for no other reason, we need to educate our families about sound financial investments - which would be - what? Dividend paying stocks?

[Polishman1]

Surely, many people saw that interview live back then, but most of them might have thought Peter Schiff was joking.

[zuss10r]

At last, a savvy interviewer, without their own agenda, that asked a question, then let him reply. Well done.

[edsonusa75]

Dr. Doom my balls, he is Dr. Reality

[Paetaor]

Mark it. Today is the start of the end - Peter picked it 6 years ago.

I am sure a lot of people knew but didn't have the guts to say it.

[AFRIKTODAY]

No. Austrian economics has been at it for close to 100 years!

[vendor72]

There is still time to profit. Sell all your stocks now. Buy gold and silver, GLD, SLV and CEF. If you don't know how to short stocks or worry about timing then just buy Bear etf's such as DXD, SDS and QID. Then sit and wait but don't sit and do nothing. Goodluck.

[justgetsome]

He was bang on about EVERYTHING!

[chadmalik]

truly a prophet.

[falkminuteman]

i wish i paid more attention

vote ron paul are generations jfk

he will help the dollar hold value

[freeduke98]

I wish I knew him back in 2002.