1/4/2010 Peter Schiff On Fast Money: Dollar Collapse By 70% In 2010?
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Paypal and Alertpay Money Generator 2011 Working /watch?v=YSvth13Qzjg
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good call by tim seymour, no inflation anywhere LOL, this ones a classic
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Obamam will lose in 2012 becoz US corporates not creating job. US tax rates are very high. nothing can be done as house is run by republicans. bye obama/michelle
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Silver up $12 an oz since this interview with Pete...In one year....**Shivers**
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It is interesting to see this at the end of the year.
From European, and finnish perspective:
USD is not seemingly down compared to Euro.
Stockmarkets are risen like 20% during this year at least here in this country according to news. From demand or genuine good news?
Several consumer goods prices are high but there is no real talk about this in media.
I guess year 2011 will be even more informative. Eurobond buyers are going to be something to check,
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Dollar down, gold up, unemployment increases while another goober business show host attempts to tell Schiff the economy is getting better.
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@kkanya Economics is complex, but there are some fundamental common sense that no professors and scholars can distort.
Like if your countryman don't work to produce anything, only some marginal services. While you spend your money like crazy. You cannot do this forever.
Like if you borrow money from others, use that money to buy things from the person who borrow you the money, you cannot do this forever.
You really don't need any specific school of economists to tell you that.
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At least you can use your dollars as a cheap wallpaper..........
hahahahahahahah !!!!!!!
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This financial show is a joke! The hosts are a bunch young investors. They don't know history, lacking in experience and foresight.
Yet they speak arrogantly like they know it all, typical young folks!
chimpanchu 2 years ago 17
The first thing that strikes me about this video is its context. Watch these Fast Money idiots like a year ago. They were yelling at Peter, ridiculing him, etc. Now he's standing in the studio!
Economics is a complex subject, and investment is tough (especially with so much market distortion), but I think Peter and the Austrian school make the most sense overall.
kkanya 2 years ago 13