May 28, 2008
– Comments (7) |
RELATED TICKERS: GLD
05/09/2002-Part 1 Peter Schiff On Southland Today (9:43)
I cannot recommend these videos enough, Peter has been proven right and his views are not what you will learn on CNBC, TV etc....
05/09/2002-Part 2 Peter Schiff On Southland Today (9:43)
0031 "this decade will be worse then the 1970s"
0226 "if you by a stock with out a dividend...you are gambling"
0311 "only a few people are going to be able to get out of the market"
0350 "I think many companies in the fortune 500 are going to go bankrupt"
0530 "I have never bought an internet stocks"
Tribute to Peter Schiff 2008 (3:44)
Dollar Collapse - The Schiff Has Hit The Fan - End Game 2012
The inevitable collapse of the dollar
I watched all the video's just adding to my theories. I think the fundamental question is not if it will happen but when.
I hadn't seen The Tribute to Peter Schiff - That was pretty cool. I liked the comments on YouTube... Especially this one... [Sorry old people]
LeadwerksI love seeing my generation waking up to all the evils the fat stupid baby boomers allowed to be unleashed on us, and doing it with a killer soundtrack.
interesting "end game 2012"
correct me if I'm wrong but isn't that when the Mayan calendar says the world will end? Ooooo Omnious.
Don't know who I like more Mish Shedlock,Peter Schiff or Meredith (sp?) Whitney.
It does appear older generation is robbing the younger generation. This does not end well.
I might recommend Marc Faber and Jim Rogers also. Marc Faber's book is one on the Read list of Mish Shedlock, Tommorrow's Gold, it is outstanding.
Also Roubini is outstanding:
Peter Schiff is one of those typical doomsday analysts. From your interview:May 2002 "We're in the early stages of a bear market". It is interesting that this interview was led shortly before the bottom in US and international stocks. Typical stuff, the perma bears are famous at the bottom and are featured on TV everywhere. The stock markets were rising for several years after that, to a new all time high. In the meantime the bears were continuing to tell us how the bulls are so wrong...Always remember, a broken clock is right twice a day. Since Peter Schiff is famous again, I think we are at a very important bottom. I think most stocks will be higher by the end of the year than they are now.
Jim Rogers is clearly talking his book here and is even talking crap. Sorry. As a rich guy he can afford to. Anyways, he moved to Singapur and has had his daughter learn Mandarin. He is still long term bullish on China, a peasant country.
"Recessions are good"! Yeah, but only for rich people.
Peter has been out of the dollar and recommending internationial companies. The dollar has fallen over 50%. Gold, which Peter recommended in 02 has tripled. China has risen 300%. The US market is down in real terms since 2002 and has underperformed 50 other exchanges. The only thing holding up the US market is Central Bank inflation, FED interventions and Market to Make Believe accounting,(created by Enron) and the Baby boomers nievely believing everything is going to be ok....
"Jim Rogers is clearly talking his book"
No doubt, just like everyone else on TV. Recessions are part of the business cycle, excerbated by the FED.