8/6/2008- Part 1 Ron Paul Advisor Peter Schiff On Bulls & Bears
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All Comments (40)
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That Gary dude is a dumbass.
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The rest of the world is being affected for the short term only.
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She, like some of the other commentators/analysts I have seen recently are, on some level, victims of fradulent govt. statistics.
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Right on!
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The lady commentator/analyst (nothin against ladies) doesn't have a friggin clue...
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oil will not come down from triple figures
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I was a little confused myself about the "shortage" of bullion products when precious metals have been dropping the last 30-45 days.
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long term the market will drop as ppl will take money out of 401k as this economy continues to sputter.
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Peter alludes to short sellers in financials and long in energy and commodities in the AUG 6 Bulls and Bears. The drop in oil and gold are investors switching some of their investments from commodities to borrow stocks to short sell them for profit. Oil and gold will fall from them leaving. After they start climbing again and the market falls again, then they switch the profits from short selling back to the cheaper oil and gold and profit again.
Oil is down as well as imports ever since China made a national decree to stop oil consumption and factory production for 3 weeks for the Beijing Olympics. Watch oil jump after the olympics.
mustangjake2073 3 years ago 3
Kitco reports delays in supply of all bullion products due to strong demand. This was at a time when gold prices were falling. Things don't add up unless you factor in the manipulation of the 'powers that be'.
cybersphere 3 years ago 2