11/20/2008 Peter Schiff On Fast Money – “The Man Who Called The Collapse”
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April 6th, 2009 at 08:00
LOL… Peter Schiff just PWNED the shit outta these muthafukers!
April 6th, 2009 at 23:55
What the hell are you talking about? Gold has been deemed a store of value for 6000 years, ever since the start of civilisation. You got it backwards, gold has real value, fiat money doesn’t.
April 10th, 2009 at 06:25
Jeff4Prez
fvck MacObama
April 11th, 2009 at 21:28
Yes I know what being “long” means. Do you? A Long position is when you buy expecting to profit from an increase in price. The dollar has been gaining strength so he is long to try and profit from it. I am buying gold and am shorting the dollar for the long term (not on leverage) through etrade.
April 14th, 2009 at 22:14
Update: 12/17/08: Dollar Falls Most Against Euro Since 1999 Debut After Fed Cut
April 18th, 2009 at 07:56
jeff the egg head is the group’s favorite PIVOT MAN FOR THEIR DAILY CIRCLE JERK AND DAISEY CHAIN CLUSTER FUCK.
April 20th, 2009 at 06:41
agreed, I just lean toward the idea that it will happen unless some policies change fast. But, it looks like spending will continue to sky rocket until something catastrophic happens.
April 22nd, 2009 at 16:21
I never said it could not happen. I am simply trying to get all of the chicken littles to commit to their outrageous claims. If you dont get them to give a timeline and a very specific example of what they think is going to happen, they will be on Youtube 2 years from now saying the same nonsense.
April 23rd, 2009 at 04:17
How do you explain the strengthening of the dollar? No one can argue with anything you said, but there has to be a bottom. Economic growth will or is down and Government debt is way up. So what can happen other than a decline in purchasing power. $20 for a loaf of bread has happened in other countries, so I think it is foolish to think that it can not happen here.
April 25th, 2009 at 12:13
99% of the people who say the dollar will collapse have NO understanding of what that entails.
I ask people all the time.
What will happen if the dollar collapses ?
I have yet to get an answer. Nobody wants to say, because they don’t know.
I ask them if a loaf of bread will cost $20. Nobody will tell me what they think will happen. It is just cool to say…the dollar will crash…it means you are politically correct right now.
April 27th, 2009 at 16:58
lol i noticed that too
April 30th, 2009 at 23:25
I agree with you but when people say dollar will collapse what does that mean?? is it just the $1.00 bill or any denomination such as $5.00, $20.00? I really don’t understand when people say dollar will COLLAPSE?!?
May 4th, 2009 at 06:09
Schiff schooled these fools
May 4th, 2009 at 15:50
Sorry about the spam, lol. Didn’t separate my points very well in that last one. I went from the DOW to gold price without a clear indication. Near 8,000 is referring to the DOW, then the 1,000 is referring to gold price.
May 4th, 2009 at 17:14
Remember when all those idiots on TV were saying DOW 16k this year? What’s it at? Near 8,000. It hit 1,000 earlier this year before everyone started having to meet margin calls and come up with cash. Don’t get faked out by this bs. It’s clear to anyone with eyes the government, and these morons on TV (except Schiff) are either incompetent or dishonest. I’d suggest you watch some more videos or do some more research, Jacob. Go see what Bernanke/Paulson said about the economy before the crisis.
May 5th, 2009 at 13:36
lol. He has said many times he can’t predict exact dates of when things will happen. Markets are irrational in the short term. The fundamentals on the dollar is still terrible. US National Debt near 10.7 trillion dollars, 700 billion dollar a year trade deficit annually and diminished productive capacity. Instead of looking at things, ask why. The dollar has risen because people have had to liquidate into dollars. It will be down the drain shortly. Everything is down but the dollar short term.
May 8th, 2009 at 22:25
Peter Schiff said back in June of 2008, that the dollar, which was sitting at 70 on the index would collapse by October 2008.
He said because of the dollar collapse, ommodities would skyrocket.
He said gold, which was sitting at $950 in June 2008, would go higher to $1200 by October 2008.
What happened?
The dollar has rallied to 88 on the dollar index
Commodities have fallen like a rock.
And gold, is now sitting at $776/ounce.
He is not so accurate from what I can see.
May 12th, 2009 at 07:29
Lol …he is the only one without a chair to sit on
May 15th, 2009 at 06:36
He’s smart enough to use these shows to further his message. Those of us who understand him are entertained by these “experts” who don’t.
It also allows new people who seek truth to learn.
May 16th, 2009 at 15:13
CNBC Rookies. Schiff gets it, why don’t they?
May 19th, 2009 at 19:20
I love when these shows have Schiff.. it is almost completely worthless to watch an economic show without him or like minded people on it.
May 22nd, 2009 at 11:32
do you know what his believe and concept about portfolio , I mean does he believe market risk is important , diversifying , market is efficient market portfolio , inflation important?
do you know the answers of these questions?
May 23rd, 2009 at 08:37
do you know what his believe and concept about portfolio , I mean does he believe market risk is important , diversifying , market is efficient market portfolio , inflation important?
do you know the answers of these questions?
May 23rd, 2009 at 09:42
I can’t beieve they still doubt him.
May 26th, 2009 at 18:57
His predictions were extremly accurate! His description of the whole development of this crisis is right on the money – step by step. You are simply an ignorant moron! Watch his speach for mortage bankers on YT!