Mr. Peter Schiff on Stock Shotz

[equationoracle]

how do you convert dollars to other currencies and hold those currencies...scottrade, monex???

I'm clueless please help!!!

[markymarkuss777]

I don't know how anyone can disagree with Peter Schiff when he has been saying all this was going to happen back in like 1999. He's pretty much 99 percent on everything he says.

[sergey444]

lol and the only argument that they have against that is that if you say something long enough it will eventually happen.

They chick said that once on FOX business news (bulls and bears)

[AIRSPEEDACTIVE]

Peter has been spot on!

[Mettezz11]

ty for uploading this stockgunslinger

[lastnymleft]

A real contrast to your last interviewee, Don Luskin, a bull. Interestingly, they are also mortal enemies.

[mj011n1r]

Don Luskin exists, ironically, to aid the conspiracy to keep you poor and stupid. He's in the "keep the mess going" camp, unlike Schiff who is in the "reform monetary policy camp". I'm sure Luskin is getting major dough, no doubt non-dollar denominated.

[lastnymleft]

Well, he's not keeping *me* poor and stupid. I'm onto his charade, and have been for some time. I'm with Peter Chiff, Jim Rogers, and Ron Paul, and invest accordingly.

[mj011n1r]

Same here. Sounds like you made some money the past 2 days too, then.

[lastnymleft]

Well, you don't make money till you sell, just like you don't lose money till you sell. I'm pretty settled for the long-term, and am just accumulating "more" as the opportunity arises, so the idea of trading the swings, like in the last couple of days, doesn't particularly interest me. But, yes, the notional net wealth has increased somewhat - not that I have any real interest in counting it on a day-by-day basis. My strategy is event-based: I'm waiting for the Big Crash, when the music stops.

[benjleeru]

You make money without selling if you invest in stocks that pay out good dividends. That's what Schiff does.

[lastnymleft]

Fair point. But 6-12% dividend yields aren't in my strategic game plan. I hunt bigger game.