3/4/2010 Peter Schiff On Fast Money: Own Gold Forever?

[tk291100]

peter schiff understand economic better for most part of course than this tv fuck head guys, screw them.

[uarecheap]

The Fast Money Guys look soooo dumb!

[jacobin111]

Ha, they all look like they have egg on their face.

Dumbasses and schills, way to go Peter.

[rmccay88]

Peter doesn't want to reveal his secrets, he wouldn't give Guy a name that he owns haha

[OctavioJames300]

This guy really is incredible. Imagine how frustrating and infuriating it must be to know how right you are but to be literally laughed at in news interviews seen by millions, year after year after year. AND after having been PROVEN right about the economic crisis year after year after year. Still they mock and smirk at this guy in 2010 as if he's a crackhead bum off the street. Schiff's restraint is as impressive as his economic insight. I would have lost it with those assholes.

[astro7894]

they all laugh at him, but they were probably the same ones laughing when he said in 2006 there would be a massive housing collapse. and they wont be laughing with their USD savings are worthless and gold is 5000 an ounce!

[picopallasi]

Typical tv talking heads. They don't know jack. Look at them slack-jawed while listening to him, gawking like enfeebled idiots. Close your mouths you cads, it's unsanitary!

[ttechfs]

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[dragak1981]

i hate that they always try to make peter schiff look dumb on this show! And these clowns were all wrong and he is consistently correct!!! What a shame!

[mikez565]

I love how they call schiff gloom and doom and essentially call him a dummy....the thing is schiff has reality and numbers on his side....they are the deluded ones.

[MEXBOL]

while I agree with what Schiff,Faber and Rogers say in general, they all suffer from the same problem that they sometimes fail to predict or even get it right in the short term moves...however we should see this as a positive,it should make people focus on the big picture and long term and also justify our suspicions on keynsian economics.Afterall,if keynesism is so right why is it we always have these economic crisis'

[MEXBOL]

it makes it difficult for an Austrian economist to say "GDP will be X % this year" whereas a normal economist could at least make a calculation,even if it proves to be wrong. As a result,I think people might get frustrated with Schiff because of the relative abstractness of his forecasts...indeed 2008 ùust have been a tough one as Schiff had predicted USD weakness at the beginning of the year and the opposite happened remeber all that "flight to safety or short squeeze" stuff.

[MEXBOL]

...however behind all this is the failure of people to understand that traditional keynsian economics is more exacting and concise compared to the Austrian School. Indeed, i would venture many have not even heard of the Austrian School. I might be wrong but traditional economics has some degree of detail and one can assign measurement whereas the Austrian school seems to be about principles and ideas without the ability to say assign a specific number.

[MEXBOL]

The frequent belligerence shown by the cnbc "experts" disguises a reality that they do not care to face....they are all morons

[70road]

CNBC's ratings are terrible, most people realize that they are just tools for their corporate masters. I have a friend who has made allot of money doing the exact opposite of what CNBC says.

[patrickriday]

Expression at 2:10 -- Classic muppet material.

[imaginator]

HAHA THiS VIDEO IS SO COMEDIC, LIKE SEINFELD. ALL THOSE PEOPLE MAKING FACES WHEN PETER TALKS. WELL, ANOTHER VIDEO FOR THE PETER SCHIFF WAS RIGHT COLLECTION! Remember Mike Norman? He made stud[pic faces and sarcastic remarks, and got him into big trouble in youtube during the Global FInancial Crisis.

[GrabTheApple]

Is it a job requirement at CNBC to have a stupid look on your face whenever someone delivers truthful economic news?

Every CNBC video is the same when the guest isn't a Bernanke worshiper.

The CNBC formula for zero credibility = Bring on guest + smirk & giggle + cut them off while you pretend your channel is too important to waste anymore time on the foolish non-Bernanke guest.

I'm sure both of their viewers were pleased...

[marktrade88]

Do they really try to have goofy looks on their faces?

[john2knj]

With all those goofy faces I'm guessing that they are in some sort of competition regarding who gets first place to be the goofy host in the next Peter Schiff was Right video.

[htwrw]

Going to make another great Peter Schiff was right video.

[petiemac24]

Who is the new smirking ass on CNBC? Dylan Ratigan was the only one with balls on that show!!!

[TheBrotherMouzone]

Look at these assholes smirking at what Schiff is saying. Schiff is the only one with any credibility there. Does anyone actually take these smirking shitfaces seriously after Schiff has been right over and over again for more than a decade?

[john2knj]

They must think they can confuse more people if each of them make strange facial expressions while Peter is talking. Either that, or they are all worried about their own portfolios since they know Schiff is correct about so much of this stuff.

[cousinmccain]

They will never get it. They think dollars are safe. I hope they pour all their money into treasuries and get back toilet paper.

[haveabeer123]

I agree with Peter 100% but if the stock market in the USA goes down so does the rest of the world including Asia and Europe where Pete invests. Wouldn´t Pete serve his clients better if he recommended staying out of stocks for the moment? like Rob Prechter recommends until the 2nd dip happens and then grab some cheap stocks?

[Cathyvalaz]

@haveabeer123 Do you understand how Europac works. They are in markets that are out of u.s. dollars.

[haveabeer123]

@Cathyvalaz yes i understand that but that´s only hedging against the dollar what about the investment losing 50% of its value like october 2008. It doesn´t matter what currency you hold, you still lose 50% and that depends on the world economy which is dominated by the US and China. So if the US goes down the rest of the world follows... I think Bob Prechter´s approach is still better. To sit out of the markets until the 2nd dip and then grab some cheap stocks around the world.

[jakovcu]

Yes but stock market is not economy, when stock market recovers in USA that does not mean that people earn and save more it just means more foregihn investmens.

[MEXBOL]

Good idea but trying to time these market is tough...however being in foreign stocks(denominated in local currencies) is surely a better option than US stocks in USD? If the stocks go down at least you should have protection on the downside from a devaluating USD.

[TheNRA4ever]

the commentators are such a bunch of ass clowns...Peter could buy these bums 100 times over

[residentzombie]

It's almost as if they hosts are trying to get Peter in trouble with the SEC to discredit his Senate campaign run.

[reba4007]

all a bunch of idiots

[byrdinflight]

While mockery does not always result from the threat of truth, the truth is always mocked, for it is always a threat.

[MIT2004]

The expression on their face is PRICELESS!!! I wonder if they know there is a Peter Schiff was right video? I think they dont bc if they did they would know not to argue with him but oh well at least they will go down in history and peter schiff was right 2 as morons

[bdmock]

What a disgrace those idiots on fast money are. They all have a smirk on their faces when Peter is talking, giving NO respect to the man who predicted everything correctly while they predicted a rosy economy three years ago. Of course he's not going to give a stock recommendation for a gold miner..... because he actually owns what he's talking about! CNBC sucks.

[yjfoo81]

jokers!

[wachman]

Peter's rhetoric is entertainment value for these shows, nothing more. That's why he hasn't made an appearance on many of the shows he used to be on in a long time. When they finally realized he was right, the entertainment value of his rhetoric was turned into informative value and they would rather have the ratings than do the right thing. Just like everything else out there. They're all putting their own concerns before the country's. It's the quintessential "Me" generation mindset.

[NowisEvollovetion]

The only thing that is FAST about this show, is the speed at which their lame advice will lose YOU money should you be daft enough to follow it.

Go Peter Schiff.

[cayman187]

don't worry....these morons will be on the next "Peter Schiff was right" video.

[lavixl]

@cayman187 lol nice post!!

[wanadoeda]

totally true...

[mreisma]

any real trader that make money knows that Fast Money is a show for the suckers. what a dumb cast. go peter.

[CortoMaltese86]

Cant belive they keep mocking him.

[Seano71]

'they got more debts' These guys get paid?

[breadboi2067]

I love the stunned silence when Peter says it is worse in the US.

[Tasadaru]

The longer the illusion is held together thanks to people like the crew on Fast Money, the longer for us who are listening and acting have to take positions on opportunities. So, it is bad but also good.

[gutrp]

that idiot with his crooked smile and he shakes his head...

[stealthpakfa]

lol that guy with the side smirk sure looks like one of those typical wallstreet crooks.

[rentonsentinel]

Those guys aren't happy hearing about gold... grumpy faces! Are they sad that the crap they peddle is not being eagerly taken up by the masses these days?

[UcantBeSerious03]

i see the crew is back to chuckling

[hpd707]

@UcantBeSerious03 Yes, and remember what happened the last time they smirked and chuckled....

[HysteriaDLX]

Do you guys realize that we, the 40 +/- posters on this video, are the VAST MINORITY in terms of who we would listen to in this clip? 99% of the population probably thinks Schiff is wacko. They have no idea about gold or silver or the dollar or what is in store over the next few years. I just find it amazing to step back every once in a while and remember that we are still in the vast minority; no matter how absurd I find the hosts in Fast Money, most people in the US probably trust them.

[Recon777x]

Well said, you nailed it.

[motonegros]

You're absolutely right HysteriaDLX, the enlightened few are in the minority so use this time ahead of the pack wisely.

Buy those precious metals and tangible assets now, get together a SHTF plan now, and make a backup plan B to that.

[iamacyborg]

What is up with the lopsided smile, fucker?

[BrandorT]

@iamacyborg

i know. that schmuck has a stupid smirk on his stupid face. he has no clue. COMPLETE DIPSHIT.

[fu90210]

Just look at the smirks on their faces as peter is talking .

The monkeys are back .

[Brak82]

all media whores will go to hell. Just my thought...

[i7q]

she looks like jessica bangkok

[lsa420]

"But they're tied to all these bad debts." Who is this guy kidding?

As if we aren't!

[fox20012]

@lsa420 yeah lol, The Us is secretly buying greek debt too through Goldmans sachs, lol

[Budvb]

According to Chinese Five Element Astrology Calendar, 2010 is the Year of Metal Tiger . Gold is related to Metal and money. People who like to talk about wealth will say that 2010 is a Golden Tiger year.

[connectingdots1]

Not to mention Ben Bernacke has a hard time printing gold,I'm sure if we give them(FDR) a bail out they could figure out how tho.

[GovWillKillU]

wow they cant get no rips on gold; they dont like gold... no comissions.they cant control money held in gold. they got no power over it. they know where your money is if your in stocks; so they can short your holdings out from under you.

[GovWillKillU]

Fake government money, Fake government laws. Corrupt government, corrupt captured Wall Street.

[itubeutude]

someone should be pounding that biatch.

[odin422]

fuck these talkin heads.

[itubeutude]

they should call it dumb money.

[odin422]

or Fake money.

[WalkProp]

"Did any of you guys see the debate the other night?"

LMAO!!!!

[totalfloat]

When you're too stupid to do anything else, just smile. Does anybody actually watch CNBC anymore?

[twk373]

Wow, these guys are going to look awfully cute in the next "Peter Schiff Was Right" video.

[tyronebiggums3]

Dollar Strengthening? That guy is a fk'n tool.

Strength -> watch?v=GR82UUpAjuc

[davincij15]

A bunch of children buried in the stock market thinking gambling is prosperity.

I look forward to the wake up call when the markets don't open for a week or more the dollar is revalued but not in their favor.

[fiapop]

very true. its ridiculous how everytime peter is on they try to somehow put peter off balance and try to get him to say something stupid or ridicule him. Doesnt work ever. hes too smart for that.

[62636263c]

These Fast Money guys will shake their heads at Peter Schiff right up to the point that the ground opens up and swallows them whole, and swear nothing is wrong all the way down to the bottom of the abyss. They must be mindless machines, how else can their blind rhetoric be explained.

[silverfuturist]

Those idiots have to laugh at him before he even gets on.

[BlueSkies360]

Educate them Peter, educate.