These hosts seem to get less and less chipper every time they interview Peter.
I would guess that's because they've figured out that Peter is actually right, but have to keep on toeing the party line if they want to keep their jobs.
CNBC's target audience is people who want to see the market go up, therefore they cater to that audience. Facts be damned, therefore they ridicule Peter Schiff or anyone else who does not share a "bullish" sentiment. They're not journalists, they're cheerleaders.
They are all ignorant, but man I got a big crush on Michelle Lee lmao. seriously though I don't know how many times peter is going to have to go on this show and be in a position to say "I told you so" before people get it... they need to go to the von mises institute to get re-educated because it is obvious that they are all wrong no matter what way you look at it.
These hosts should just shut the fuck up, grab a cup of coffee, and let Mr. Schiff speak. School is in session, and Peter Schiff is the teacher. If the hosts would stop running their uneducated mouths, they might actually learn something.
A little misleading when they say the Dow is up 6%, but down dollar down close to %3 over the same period of time. Oil is $80 a barrel and rising... looks kind of similar to the last bubble EH?!?!
these cnbc monkeys are clueless, even more clueless cnbc monkeys are carl quintinilla, trish reagan, michelle caruso cabrera, dennis kneale, joe kernan, david faber, mark haines, erin burnett.
they should be in federal prision for supporting financial terrorists like bernanke, the fed, geithner, summers, rubin, lindsey, etc!
The USA is a consumer driven economy and Banks are still not lending.
Our credit score is around 700. We never had a missed or late payment even after this recession hit. Our credit cards companies have been chasing down our balance and our one card with JP Morgan has outright closed our account!!!
However this recession is not affecting our family because we seen all this coming in 2006 and we never got in over our head...
Yeah in two years these dipshits will be all over youtube on videos titled "Peter Schiff was right...again." Hold on to your butts cause we're screwed.
Stability in the US markets? Thats funny. Inflating bubbles untill they pop isn't what I would call stability. Just wait till the next wave of residential morgage defaults and the first big wave of commercial morgage defaults.
Dont forget who these guys work for on CNBC; GE or some other American corporation. They have their own agendas. Company 401k, stock options, etc. Thats like a lawyer defending a client. He may know the guys guilty, but he defends him regardless for the cash.
Hey guess what, nobody cares if you agree with Peter or not. I'm not going to bother to look it up but I guarantee you had the same bullish outlook on the US stock market right before the last 2 times it fell off a cliff.
Ask yourselves, what is the reason for this short term rise? Isn't it mostly based on government interference of "private" markets and their mortgaging of our future? Can that be sustained? What will be the consequence? Who is John Galt?
This short term rise you speak of happened right before the "great depression." People still havent learned from the past though. Pay attention to te next few days, down through the end of this month....... Bad will follow the good. Somthing will pop a nasty head up to give us a hard time real soon!
Haha what a bunch of dumb asses. Typical American care free 'everything will be fine' US cheer leading attitude. Perter is going to make them look like fools.
they should rename this show Lose Money Fast. USA cheer leading as usual... just close your eyes and ears and just believe and everything will be fine!
These hosts seem to get less and less chipper every time they interview Peter.
I would guess that's because they've figured out that Peter is actually right, but have to keep on toeing the party line if they want to keep their jobs.
twk373 2 years ago
CNBC's target audience is people who want to see the market go up, therefore they cater to that audience. Facts be damned, therefore they ridicule Peter Schiff or anyone else who does not share a "bullish" sentiment. They're not journalists, they're cheerleaders.
thomsol1954 2 years ago 2
Don't forget though. Some austrian ecomists thinks we are going to end up in deflation, not inflation.
richrdroma 2 years ago
They are all ignorant, but man I got a big crush on Michelle Lee lmao. seriously though I don't know how many times peter is going to have to go on this show and be in a position to say "I told you so" before people get it... they need to go to the von mises institute to get re-educated because it is obvious that they are all wrong no matter what way you look at it.
12Tamtui 2 years ago 2
So how long do you think until we get the next "Peter Schiff Was Right" video?
wuzcloopin 2 years ago
These hosts should just shut the fuck up, grab a cup of coffee, and let Mr. Schiff speak. School is in session, and Peter Schiff is the teacher. If the hosts would stop running their uneducated mouths, they might actually learn something.
TheNRA4ever 2 years ago
I am a Schiff client and they have NEVER recommended a stock in Brazil. Too unstable.
jsyc07 2 years ago
These are the same people who said the real estate market was booming and would never crash. Peter Schiff is STILL right!!!
roseagain2 2 years ago
Peter Schiff for US Senate 2010!
Ron Paul for US President 2012!
roseagain2 2 years ago
A little misleading when they say the Dow is up 6%, but down dollar down close to %3 over the same period of time. Oil is $80 a barrel and rising... looks kind of similar to the last bubble EH?!?!
jjcarlso 2 years ago
these cnbc monkeys are clueless, even more clueless cnbc monkeys are carl quintinilla, trish reagan, michelle caruso cabrera, dennis kneale, joe kernan, david faber, mark haines, erin burnett.
they should be in federal prision for supporting financial terrorists like bernanke, the fed, geithner, summers, rubin, lindsey, etc!
stealthpakfa 2 years ago
Fast money morons
gnuochtapir 2 years ago 2
These Fast Money folks are buffoons.
The USA is a consumer driven economy and Banks are still not lending.
Our credit score is around 700. We never had a missed or late payment even after this recession hit. Our credit cards companies have been chasing down our balance and our one card with JP Morgan has outright closed our account!!!
However this recession is not affecting our family because we seen all this coming in 2006 and we never got in over our head...
sublimetrance 2 years ago 2
What did they mean by Brazil at the very end?
DURKLIVES 2 years ago
Regarding Brazil, they referred to a 2% tax over foreign investments toward Brazilian stocks which was imposed by the government this week.
marlonnews2006 2 years ago
Yeah in two years these dipshits will be all over youtube on videos titled "Peter Schiff was right...again." Hold on to your butts cause we're screwed.
abirch300 2 years ago
Stability in the US markets? Thats funny. Inflating bubbles untill they pop isn't what I would call stability. Just wait till the next wave of residential morgage defaults and the first big wave of commercial morgage defaults.
opie314 2 years ago
Dont forget who these guys work for on CNBC; GE or some other American corporation. They have their own agendas. Company 401k, stock options, etc. Thats like a lawyer defending a client. He may know the guys guilty, but he defends him regardless for the cash.
FinanceUS 2 years ago
Hey guess what, nobody cares if you agree with Peter or not. I'm not going to bother to look it up but I guarantee you had the same bullish outlook on the US stock market right before the last 2 times it fell off a cliff.
iamacyborg 2 years ago 2
5vs1. They don't even pretend to respect his evidence, it's just a big everyone-against-peter fest.
spiggitybap 2 years ago 4
You know, if thats what it takes to stop a giant then so be it.
TheSubterraneanTruth 2 years ago
Ask yourselves, what is the reason for this short term rise? Isn't it mostly based on government interference of "private" markets and their mortgaging of our future? Can that be sustained? What will be the consequence? Who is John Galt?
mustang607 2 years ago 2
This short term rise you speak of happened right before the "great depression." People still havent learned from the past though. Pay attention to te next few days, down through the end of this month....... Bad will follow the good. Somthing will pop a nasty head up to give us a hard time real soon!
TheSubterraneanTruth 2 years ago
"The earnings we've seen this quarter from the most important companies in this market are coming from a globalized market...."
This is your rationale for STAYING in US stocks?!!!
If the earnings US companies are getting are coming from the 'globalized market', ie business abroad, then why not just invest there!
Are these guys really this dumb?
svenp 2 years ago 6
Haha what a bunch of dumb asses. Typical American care free 'everything will be fine' US cheer leading attitude. Perter is going to make them look like fools.
RyanB0011 2 years ago 10
i see this clip ending up in "Peter Schiff was right, 2010 edition"
cigarscool 2 years ago 11
Its like déjà vu all over again, unfortunately. Many have no idea how bad it's about to get.
samhouston76 2 years ago 5
the other two guys knew to keep their mouths shut. They've ovbiously used youtube!
bjelw 2 years ago 4
Hahah so right!
SolitonPL 2 years ago
@bjelw:
LOL
Voy2378 2 years ago
they should rename this show Lose Money Fast. USA cheer leading as usual... just close your eyes and ears and just believe and everything will be fine!
dcm05002 2 years ago 8