12/16/2008 Part 3/4 Peter Schiff On Kudlow & Co: FED & The Markets
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Duration : 0:7:43
25 Responses to “12/16/2008 Part 3/4 Peter Schiff On Kudlow & Co: FED & The Markets”
Neither of them are …
Comment made on March 8th, 2009 at 6:12 pmNeither of them are entirely correct in my estimation.
Same thing, a …
Comment made on March 8th, 2009 at 6:12 pmSame thing, a shortage corresponds to inflation, this is basic supply demand.
Inflation? …
Comment made on March 8th, 2009 at 6:12 pmInflation? Everything is cheap as dirt right now. And the gold standard was sound? It was sound until the speculators crushed Great Britain in 1931, and attempted the same in the U.S. Sounds like Schiff wantss to crucify the debtor American public on a cross of gold!
Why is this crisis, …
Comment made on March 8th, 2009 at 6:12 pmWhy is this crisis, deluded rich guys with grey hair are just talking ? The only ones talking straight are the younger ones. The “old liars club” are trying to con the public to give them enough time so they can get out of their precarious positions. The big guys get out first and the little guys will be walking around next US summer, saying “What Happened, I had $250K in my 401K and now I cannot afford to live” Get used to it - Keiser and Schiff are the only honests guys out there. Listen
CAN SOMEONE PLEASE …
CAN SOMEONE PLEASE TALK TO ME
lets chat U3
Comment made on March 8th, 2009 at 6:12 pmIf you bought an oz …
If you bought an oz of gold (at bottom) in 1932 for $20.67 at the peak this year you’d have had $1062.
If you bought $20.67 of the Dow index at the bottom in 1932 you’d have had $7,140 at the peak last year?
Comment made on March 8th, 2009 at 6:12 pmFisher was correct, any chart in any measure proves 1929 was a temporary set back. He is also correct about the causes of the depression.
The worlds going head long into a Keynesian disaster which will take decades to recover from.
God I love Peter …
Comment made on March 8th, 2009 at 6:12 pmGod I love Peter Schiff! But don’t forget guys that he is not the only financial EXPERT! There are also JIM ROGERS, MARC FABER, and RON PAUL. I always go to financialtruth0.blogspot because there they post all the interviews, and it is easier to keep track of! Thanks for uploading anyway!
marky1333, remember …
Comment made on March 8th, 2009 at 6:12 pmmarky1333, remember to adjust for inflation. The stock market is valued in dollars, and even if it has risen 29000% since 1932, you have to adjust for inflation to know the “true” return. Or compare the returns to gold, see which outperformed the other.
I agree. “Fiat” …
Comment made on March 8th, 2009 at 6:12 pmI agree. “Fiat” currencies produce an illusion of wealth.
That illusion is about to disappear.
Everything goes back to its ‘mean’ value in the end.
The 1929 stock …
Comment made on March 8th, 2009 at 6:12 pmThe 1929 stock market fall was a temporary problem, from 1932 to 2007 it went up 29000%.
but having said that i predict the Dow will fall below 400 in the coming years.
Where is the …
Comment made on March 8th, 2009 at 6:12 pmWhere is the inflation in that?
Next year its estimated at $100 Trillion dollar deletion.
Hyper inflation? I think not
America is not the whole world, if you had hyper inflation the rest of the world would have Hyper deflation because everything’s priced in Dollars.
Gotta lot of …
Comment made on March 8th, 2009 at 6:12 pmGotta lot of respect for Peter Schiff. But i just think he is wrong on the hyper-inflation.
Also everything isn’t going as he said it would, if you invested with him a year ago you are sitting on a huge loss.
Most of the bailout has gone on paying of bad debts from the CDS’s thats not new money its just monetizing the debts that people spent years ago. World wide bailout is $8Trillion worldwide credit deletion this year is $60 trillon so thats net $52 trillion in dollar deletion.
Peter is full of …
Comment made on March 8th, 2009 at 6:12 pmPeter is full of too!!
Keep in mind those …
Comment made on March 8th, 2009 at 6:12 pmKeep in mind those guys on the top that disagree with Peter Schiff are “Central Bankers” so of course they are going to promote the current corrupt system. Even when Schiff pointed out that “Mark-to-Market” is not the problem but the ets are Steve Lisman agreed but the old guy disagreed. He is a corrupt Central Banker.
I hope you know a …
Comment made on March 8th, 2009 at 6:12 pmI hope you know a the background of Peter Schiff, because he just happened to predict this entire mess about two years ago. Everything he said is happening the way he said it.
your correct on …
Comment made on March 8th, 2009 at 6:12 pmyour correct on that. Peter Schiff believes in the austrian theories with von mises. I do believe just like you that inflation is a mask of prosperity, just like the over-inflated housing market; it was all fake. Now suddenly people realize that they aren’t worth half of what they thought they had.
Some economists …
Comment made on March 8th, 2009 at 6:12 pmSome economists base their thinking on the canard that deflation is “bad”, whatever its origin. This umption tends to cloud their judgment and trust the FED to stand like a knight in shining armor stemming the forces of deflation, when in fact market-driven deflation is GOOD (who doesn’t want lower prices?). Instead, monetary-driven inflation creates the boom and bust cycles that lead to these crisis by fooling people into thinking there’s prosperity.
Probably the most …
Comment made on March 8th, 2009 at 6:12 pmProbably the most important economist of the 1920s was Irving Fisher. He was a believer in cheap credit, in government interventionism, and believed the 1928 stock market fall was a temporary problem. von Mises saw the 1920s bubble for what it was and warned everybody. Fisher saw only abundance. In 1932, he already had lost all his and his sister-in-law’s fortunes to the stock market. The guys above are like Fisher. Better listen to von Mises . . .
thats true but it …
Comment made on March 8th, 2009 at 6:12 pmthats true but it isnt going to equate to inflation for commodites, its going to equate to shortages of food and other essential commodites.Been stocked up with tinned food for a while now.
The guy on the …
Comment made on March 8th, 2009 at 6:12 pmThe guy on the bottom is going to be right, Peter Schiff will be wrong.
“savings rates in …
Comment made on March 8th, 2009 at 6:12 pm“savings rates in the United States are about to go sky rocketing”=DEFLATION!!!!
Watch Jim Rogers …
Watch Jim Rogers opinions here on youtube. The demand for commodities will drop but supply will drop further. The way Mr. Rogers explained it was that right now farmers can’t buy even fertilizer, mines cannot be opened in this climate and many other explanations.
Certain commodities are a sure thing. anything to do with agriculture for one.
Anyways, don’t listen to me I’m a nobody, go look up Jim Rogers and he’ll explain.
Comment made on March 8th, 2009 at 6:12 pmI don’t disagree. …
I don’t disagree. Not one bit.
You can tell when people are lying it’s easy.
Ummmmm, errrrrr, uhhhhhh, ummmmm. It’s al there. People never question why gas isn’t coming back.
Comment made on March 8th, 2009 at 6:12 pmCan the stock value …
Comment made on March 8th, 2009 at 6:12 pmCan the stock value of commodities increase due to the devaluation of the dollar even in a recession where less oil for example is being consumed? Would there be a “flight to safety” away from the US dollar, as we saw earlier this year, into commodities despite the lower demands in this recessionary period?
Oops, not deflation …
Comment made on March 8th, 2009 at 6:12 pmOops, not deflation yet. Just a drastic decrease in the rate of inflation. Sorry.
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