6/4/2008- Part 1 Peter Schiff On Bulls & Bears

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.

Category:

News & Politics

Tags:

• peter
• schiff
• bulls
• and
• bears
• housing
• bubble.
• mortgage
• meltdown
• credit
• crunch
• inflation
• gold
• foreign
• ron
• paul

[Paetaor]

And now they don't shout Peter down. Can't wait to see what they all say today after a 400pt DOW slide.

If you look at the vids over the past 2 years you notice that people are moving more and more into Peters corner.

[JackNeedles]

Scott is an idiot....I had to say that. Go Peter.

[vdonkey]

don't blame it on Bernanke. He's only the executioner that puts the noose around the US's neck. You get nowhere blaming him. He's just doing what he's told to do.

[mtosoni]

Anyone know what David is talking about at 2:31ff?

[goread41]

You all enjoy this one if you really think about it. In China, the top 0.4% (about 1.6 mill) own over 70% of the nations wealth. There are no Ron Paul's. Not one once to the legitimacy in their so called intelligent arguments. There are only a billion "Yes we cans". Think about the external catastrophe that will bring upon politics and the world itself. Bush has really pulled off one mother of a get rich quick scam. Don't think for a second that this was more than just money/assets.

[alansready]

so vote for bob barr he could solove our crises in america

[goread41]

A study in the year 2000 found that the richest 2% own more than half of global household assets. And that bottom half of the world adult population owned barely 1% of global wealth. In the United States alone at the end of 2001, 10% of the population own 71% of the wealth, and the top 1% controlled 38%. On the other hand, the bottom 40% own less than 1% of the nation's wealth. US government has become a corporatocracy with Megacorporations as the MilitaryINDcomplex.

[goread41]

Yea, this whole game is a transfer of wealth and who winds up with the bill. You!

Abolish the FED/Income tax and reclaim YOUR sovereign rights

[Konig1985]

but i thought the weak US dollar is boosting exports according to bloomberg, so america must have manufactured something to export something.

[sarjil]

i second that. he sounds like a fatass stuffing his mouth with cheesecake, from his palace on the tv set detached from reality......commodity has peaked?????!!!!!!..lololol.

[sarjil]

that america is dead. got replaced by pc society, femiists, mexicans, special interests and divertion of wealth and resources from important issues towards trivial crap.

[70road]

When you have 5% of the people controlling 95%of the wealth and this 5% controls the government(they write the legislation) and the media you have a recipe for disaster. Peter is the only one I have heard mention wages.