Economic Collapse: Peter Schiff on CNBC's Rising From Dead
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Peter was correct and James was wrong. SPX is lower today, in terms of gold, than in sept. 2009. Seems that Altucher is optimistic to a fault as is Laughedout or is it it Laffer?
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Altucher is ALWAYS a bull and is a schill and a schmuck. I feel cheated that I have to share my oxygen supply with such a waste of organic matter.
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Pretty funny how Gold has outperformed the S&P by 26% since this video. Sounds like decent money managing to me.
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Pretty funny the Nasdaq is up 50% from when this interview was posted and people act like Schiff is right on the investment advice. I agree with Schiff about most things on the economy but he is an abysmal money manager. Sorry, buying loads of gold isn't a strategy that wins.
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Becky Quick > Mary Thompson
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Dont worry Peter, he may have got the last word, but we got the message. He's their lead buffalo and they can foillow him over the cliff. Right side of the bubble my ass!
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parrots are not required to think just repeat ?have you followed mr Altuchers advice ,yes you have made short term profit ? your short run gain is shortly going to end ? hyperinflation is coming and the value of everything including gold and silver is going to become worthless ?? watch this space ! remember governments have pumped unbelievable amounts of money into there economies to keep them afloat ,in reality they have added more weight to a sinking ship ?
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the media is important because democracy is important and people need to know what is really going on ?Looking only at the civilian population of 237 Million, with 138 Million working that's a 41% overall not employed rate where 99 Million eligible workers are not employed. Consider that the 138 Million are supporting the US population of 305 Million.hyperinflation,tax revenues disapearing ,some recovery ?this is not what the media is telling you ,so what about democracy ?the sugar high end ?
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Soaring??? More like a submarine trying to surface.
Wow this guy was worse than Laffer, "we're on the right side of a bubble so let's buy stocks"..........sounds like a heroin addicts logic "thinks are fucked anyway so let's do more heroin"
MrSkaramanga 2 years ago 9
Don't be fooled - things are not getting better....in fact they are about to get worse.
smartpeeple 2 years ago 6