Schiff Stay away from the US Market it is a disaster waiting to happen !!!!!
Wed. Feb. 11 Peter Schiff Discussing the Markets, Geithner’s plan, the stimulus, and whether gold is the way to go, with Robert Froehlich, DWS Scudder chairman; Peter Schiff, Euro Pacific Capital Inc. President; Debra Brede, DK Brede Investment Management Co.; and CNBC’s Larry Kudlow.
Duration : 0:8:25
25 Responses to “Schiff Stay away from the US Market it is a disaster waiting to happen !!!!!”
CNBC and other …
Comment made on March 7th, 2009 at 10:12 pmCNBC and other television networks are merely verbally rearranging the deck chairs on the titanic. Some of the CNBC anchors look like they are gonna cry when the market nose dives every other day.
thats hil-ar-ious …
Comment made on March 7th, 2009 at 10:12 pmthats hil-ar-ious she is worried about money isn’t it?
I wish to add one …
Comment made on March 7th, 2009 at 10:12 pmI wish to add one thing! Do Not Buy Paper Gold, Get hard bullion, The kind that says 1 troy oz, .0999% and make sure you can hold it in your hand
And beware of the guy who sells a troy pound,
That lady is funny. …
Comment made on March 7th, 2009 at 10:12 pmThat lady is funny…she is obviously a fixed income gal…haha
because asia has …
Comment made on March 7th, 2009 at 10:12 pmbecause asia has their together
and they are not purposely destroying themselves to consolidate power, when he says asia, he is basically saying india and china anyhow, that’s where the money will be in 10 years time
i just looked at chinese curreny compared to aussie dollar
when i travelled china 2 years ago it was 6rmb = 1 dollar, now its 4.3 rmb = 1 dollar..
thats 30 % in 2 years.. thats huge
well it was close …
Comment made on March 7th, 2009 at 10:12 pmwell it was close to 40 not. long ago.
Listen to Schiff. I can only recommend his book “Crash Proof”. Although it’s already 2 years old precisely describes what’s going on right now and the future of the US economy.
i want to throw up …
Comment made on March 7th, 2009 at 10:12 pmi want to throw up every time i hear some idiot on cnbc tell me to buy TIPS for protection from inflation. what a joke. like The Man said, TIPS are just tied to a govt stat called CPI which very reliably and consistently greatly understates true inflation.
Gold is a religious …
Comment made on March 7th, 2009 at 10:12 pmGold is a religious proposition, if one umes the value of the stone in relation to what worth is, the fact of matter is far from substance.
Gold will loose worth as is said here and the splitting of the market will be a consistent use for the ordinance of the “Black Market”, But the market of gold is not the issue, it is things like Silicone, Magnesium, Mercury, things that gage to consist with populist concerns and needs.
Mid year Dow at …
Comment made on March 7th, 2009 at 10:12 pmMid year Dow at 10,000, hahaha.
man you can get a …
Comment made on March 7th, 2009 at 10:12 pmman you can get a university education by listening to ron paul and peter schiff
President O-Bummer
Comment made on March 7th, 2009 at 10:12 pmPresident O-Bummer
Just because you …
Just because you dont understand advanced concepts of finance does not make them bad people.
If you had the oppurtunity to do and be these people YOU WOULD DO IT IN A HEARTBEAT.
Comment made on March 7th, 2009 at 10:12 pmI think he’s right …
Comment made on March 7th, 2009 at 10:12 pmI think he’s right but I don’t know why he is confident in the Asian markets.
Peter Schiff is the …
Peter Schiff is the MAN!
Check out me and my brother’s new show!!! Thanks! /watch?v=69k5XAoXQoA
Comment made on March 7th, 2009 at 10:12 pmLMAO that old bimbo …
Comment made on March 7th, 2009 at 10:12 pmLMAO that old bimbo must not know who Peter Schiff is
I can only speak of …
Comment made on March 7th, 2009 at 10:12 pmI can only speak of what i see
and these folk dont serve for a better human kind just greed and the total fear of having nothing.
That a boy Peter!
Comment made on March 7th, 2009 at 10:12 pmThat a boy Peter!
…dead, wrong.
Comment made on March 7th, 2009 at 10:12 pm…dead, wrong.
If they could have …
Comment made on March 7th, 2009 at 10:12 pmIf they could have done so they would have done so. The Japanese tried that and it didn’t work. The Chinese are holding their own only because Bush borrowed from them, thereby insuring support for the Chinese. You do understand that the Euro was invented to replace the dollar and it never did.
But you need to …
Comment made on March 7th, 2009 at 10:12 pmBut you need to understand that what makes the dollar strong right now isn’t the dollar itself. The dollar itself is basically worthless. It is the world’s reserve currency. The second the chinese and others decide to drop it, then gravy train is gonna derail. Don’t think for a second that these countries will continue to use this worthless currency in reserves/trading indefinitely with all this certainty.
Listen up people, …
Comment made on March 7th, 2009 at 10:12 pmListen up people, the moment Obama sign this stimulus package, America will delay the crash for another 5-10 years. The 2007 bull run maybe crippled, but this stimulus package will unleashed a new bull run. Buy stocks now while you can, cause you don’t want to miss it….
Pure nonsense and …
Comment made on March 7th, 2009 at 10:12 pmPure nonsense and this man has no idea what he is talking about. He has been talking about the immediate collapse of the dollar for a long time now and it just isn’t true. This recession is the mother of all corrections and within the next three years it will be over. The nation and the economy will be stronger for it.
Peter Schiff killed …
Comment made on March 7th, 2009 at 10:12 pmPeter Schiff killed it those last few seconds.
USA denominated …
Comment made on March 7th, 2009 at 10:12 pmUSA denominated paper ets are all going to
do not listen to these fools they will not tell you real truth over this Media box , Media=Sorcerer
buy depreciated RE and have enough gold to be able to pay tax on it for 5 years in case of dollar default . paper ets will be wiped out
Thanks!
Comment made on March 7th, 2009 at 10:12 pmThanks!
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