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05/09/2002- Part 1 Peter Schiff Interview On Southland Today

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Uploaded by on Nov 7, 2007

This is part 1 of 2 clips of an interview that Peter Schiff did on May 9, 2002. Watch these videos to really see how accurate he is in his predictions about the current Credit Crunch and Mortgage Meltdown five years in advance. For more information regarding the U.S. Economy and its effect on Real Estate visit my website at http://www.PhilDeCarolis.com.

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  • "Their feeding you propoganda" Its been SEVEN fucking years and this guy is still saying the same shit hes been saying for the last SEVEN fucking years...can you say consistent?! Ron paul for President/Peter schiff for Treasury secretary

  • This man really did call it. Can we please start listening to him now?

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  • lol this proves Schiff is a broken record. The Dow moved up 45% within 6 years of sales pitch!! Today, it is 30% higher! Schiff is a SALESMEN who keeps crying the same lines and calls others salesmen!!! He is a HYPOCRIT. Anyone who doesn't see that is an IDIOT!

  • If you watch CNBC, they have never been right about anything, EVER!

  • lol this looks like 1982 not 2002

  • People never cease to amaze me......his numbers and timelines have not been perfect.........his forward thinking and seeing what was coming has been spot on...I didn't see that many others subject themselves to ridicule and never waiver....I believe mr schiff deserves some respect for standing up

  • @prestonloyola yes but price those indicies in gold, silver, copper, wheat, rice, sugar even. at this moment dow to gold ratio is 6:1, soon it will be 1:1

  • @nonantianarchist its called aging

  • 2:53 'we'll probably trade sideways for a while but inflation will be very substantial' WOW and the amateur clowns love to say how this guy is crazy yet in 2002 most of what he is saying has happened or is happening right now.

  • Dow 2000??? l am I did not listed to this guy. His ability to predict the market just plain stinks!

  • @LordMcgyvr Thank the fed for not seeing the lows in the market. We actually needed those lows if not lower because of not just 2 years, but 7 years of a crazy spending binge and loose monetary pilicies. When all the deleveraging is done and the money starts flowing again, the only thing that will result is the erosion in your purchasing power. The big corporations and the government programs are financed with savings of the general public. Only a monkey couldnt see what was coming ahead.

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