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Peter Schiff Flash Back November 28th 2005 - Gold, Inflation, Interest Rates, Debt, Consumption

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Uploaded by on Dec 18, 2009

Peter Schiff points out the problems in our flawed economy in late 2005, almost 3 years before the collapse. He's spot on about Gold, inflation, the consumption and debt problem. He goes up against Mark Haines and Steve Liesman.

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  • The dumb bald guy is dumb and bald.

  • What is so silly is that everyone thinks that he is some kind of future teller when in fact he is nothing of the sort. He is simply applying common sense that is what makes him so brilliant.

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  • an added advantage for the sale man was that stockton CA had the highest rate of illiteracy

    in the united states .half their clients could not even read the mortgage contract

  • stockton CA was one of the locales that pioneered the early development of the ninja mortgage

    that No income, No job ,No assets

  • bush was in stockton CA. 2000,2001 and 2006 .home that where $700,000 now $100,000

    page 121 of the book the inside story of the collapse of lehman brothers stockton CA

    was subprime nirvana

  • Funny how you can see Lehman Brothers trading at $127 on that day.

  • omg...see clever sounding people are dickeads too....peter ur a knowledge guru!

    consumer debt not high!!! i think the last i heard it averaged out at $131,000 per tax payer in the us....americans when are u guna wake up! stop listening to idiots who know no other way but to spend their way out of debt....i cant believe adults believe that will work!

  • These guys should have Peter back and apologize, thank him, and kick themselves for not buying gold and missing out on nearly quadrupling up. But they're chicken, they won't do it. MAN UP!

  • Yeah, real healthy guy. FOOLS. All of 'em been duped.

  • ddeeeeeeerrrrrrrrrrrrrrrrrrrrr­rrrp.

    

  • @Gurigonzalez It's going to hit 2000$

  • was past $1900. now $1856. Who cares????

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