8/6/2008- Part 1 Ron Paul Advisor Peter Schiff On Bulls & Bears

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Uploaded by on Aug 10, 2008

Visit http://www.PhilDeCarolis.com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor/Realtor. Let me help you protect and grow your wealth NOW before it is too late. Contact me right away for a referral to my own personal broker with Euro Pacific Capital that can advise you on the purchase of precious metals (Gold, Silver, etc..), Commodities And/Or Foreign Dividend paying stocks to hedge against rising prices and your loss of hard earned wealth. Join me in preserving your savings so that we can utilize our retained purchasing power to purchase Discounted/Cash Flowing California Real Estate Assets at the bottom of this downturn for pennies on the dollar that will rise in value dramatically during Californias' next cyclical inflationary real estate bull market.

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  • 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.

  • 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'.

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  • That Gary dude is a dumbass.

  • The rest of the world is being affected for the short term only.

  • She, like some of the other commentators/analysts I have seen recently are, on some level, victims of fradulent govt. statistics.

  • Right on!

  • The lady commentator/analyst (nothin against ladies) doesn't have a friggin clue...

  • oil will not come down from triple figures

  • I was a little confused myself about the "shortage" of bullion products when precious metals have been dropping the last 30-45 days.

  • long term the market will drop as ppl will take money out of 401k as this economy continues to sputter.

  • 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.

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