6/12/2006- Peter Schiff On CNBC Squawk Box

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Category:

News & Politics

Tags:

• peter
• schiff
• fox
• business
• news
• housing
• bubble.
• mortgage
• meltdown
• credit
• crunch
• inflation
• gold
• foreign
• ron
• paul

[bolo34lx]

Learn to pay attention man, this video was from 2006. It only goes to show you how Peter Schiff has been right about the bubble economy.

[SolitonPL]

Yeaah this is really great! Stick with Peter's Schiff advices and you will make money!

Peter Schiff is ORACLE :)!

Dr Oracle!

Listen also Jim Rogers and Marc Faber. These are my favourite investors!

[fuckoff187]

lol rick santelli bradcasts from the pits!

[BamaKattt]

All the name calling and laughing, ha ha fucking ha ha, and you wonder why these networks don't replay predictions? Down markets don't line CNBC's pockets. Peter Schiff rocks, he was right, the network hacks who think they're all so brainy and smart were wrong, but you'll never hear that. And these are the same people telling you we'll get out of this with Obombers "stimulus" democrat-vote-payback welcome-to-socialism bill! Don't believe them! Trust no one!

[davincij15]

Dude it is one week, that's not a trend. Thats over sold (over purchased for the dollar).

A contraction of the money supply would move wealth to dollar holders. That is mostly foreigners. Inflation transfers the wealth to the people purchased stuff with the dollar from the people who accepted the dollar for payment. So what do think the Fed will do?

[madhuradi]

People not watching youtube must have been thinking that he was a big joke and not to be taken seriously.....

FED IS BUYING TIME TO SAVE ALL THE BILLIONAIRES AND LET YOU ALL GO BANKRUPT OVER 2 YEARS....

BUT I THINK IT'S TOO LATENOW ....

ASSET COMMODITIES LIK GOLD, SILVER, OIL ARE ALL FALLING SUGGESTING DEFLATIONARY ECONOMY...GO FOR FOOD COMMODITIES FOR SHORT TERM AND KEEP LOTS OF CASH FOR EMERGGENCY SAKE....BUT BE WARNED:NOTHING'S SAFE ANYMORE

[madhuradi]

you listen to the latest interview on 18-3-2008 and you can see that peter has been saying the same thing over 2 years....

And nobody listened to him....

the media is also run by 'BIG FINANCIAL COMPANIES' remember.....

Its so revolting ,nauseating when you see people laughing at Peter on the shows on FOX,CNBC.....

[ewetubular]

Schiff was spot on with several macro pieces here, including the gold price being held down as hedge funds sold gold to get cash for needed liquidity, and the market awaited an understanding of how many helicopters would be put in the air.

Perhaps CNBC could do the follow-up interview with Schiff from the wheat or soybean pits, as Schiff suggests at 3:47?

Nice post!

[jackzaf]

AMAZING! He was constantly ridiculed.

You have to be a man of your words to survive that level of pressure.

Do you hear me? You CNBC jackasses!!

[rodneykingman]

Ah ha.. Now I see the opening sequence... Sorry folks...

[rodneykingman]

I must have missed the first few seconds. Sometimes my volume is muted when I cue up a vid. Thanks for the condescending comment anyway though... Guess I am not paying enough attention to my volume mute...