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A Reply to Fool: bendlund who says "[Peter Schiff]...., not a credible authority on anything."

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December 14, 2008 – Comments (8) | RELATED TICKERS: UDN , SKF , SRS

On my blog post on 13 Dec, Peter Schiff takes out another Kenysian Idiot, bendlund states

"Peter Schiff claims it's the government's fault? He's a true believer and a mystic, not a credible authority on anything."

I still hold Top Fool in Points in this Space Invaders of stock picking- CAPS and abitarePERFECT  was Top Fool on 21 Nov 08. I am big fan of Ron Paul and Peter Schiff. I found them to be very right in projections and ideas.

The Peter Schiff was Right video has 883,315 views and Five Stars Rating. So I guess a few  others agree Peter was Right.

FYI - Peter Schiff Was Right 2006 - 2007

Here is Ron Paul Advisor Peter Schiff On Squawk Box in 26 April 2005. Seems to nail it here:

I also recommend Peter Schiffs book Crash Proof.

Here is some Ron Paul:

Ron Paul 0wnz the Federal Reserve February 19, 2007

CNBC Ron Paul grills Bernanke, traders cheering 27 Feb 2008

CNBC Chicago traders cheering for Ron Paul 2008.02.27

 

 

8 Comments – Post Your Own

#1) On December 14, 2008 at 4:06 PM, AntiRonChapmanJr (99.79) wrote:

not saying he isnt right, but seriously, you are using number of youtube views and 5 star rating as support for your point?  put up a video on youtube with a pretty blond wearing a push up bra and you can get that many hits.

ron

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#2) On December 14, 2008 at 4:23 PM, binv271828 (< 20) wrote:

Abit, I definitely agree. Peter Schiff has been so right on his calls for such a long time. I think his track record should speak for itself. However, apparently it doesn't. Anyone who is calling him a "true believer and a mystic" has no real basis for making that claim and has not done any reading on this topic. For if they did, they would immediately realize how wrong they are.

Anyways, I want to say Thank You for all of your posts, both about Peter Schiff or otherwise. Thanks man.

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#3) On December 15, 2008 at 2:41 AM, awallejr (83.83) wrote:

I swear, every post of yours begins with "I have a ton of caps points."  We all know how you got them, you shorted 200 stocks in a bear market. Easy to do when the money is free.  Now just make your points and stop the touting.

And bendlund is right about Schiff.  We let the free market bring us to the brink of total economic collapse and he wants the free market to get us out of it.  He can shove that crap where the sun don't shine.

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#4) On December 15, 2008 at 6:46 AM, dexion10 (27.60) wrote:

thanks - helpful... don't know much about schiff

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#5) On December 15, 2008 at 3:23 PM, abitare (33.77) wrote:

ALCON,

Thnak you for th replies.

AntiRonChapmanJr,

put up a video on youtube with a pretty blond wearing a push up bra and you can get that many hits.

No doubt. But could put a video about the economy and get 800k views and 6k rating with 5 stars?

binv271828,

No worries, glad to provide wisdom where I can find it.

awallejr,

I like replies, but people mistake me sometimes for a Fool, I have to remind Fools that not all Allstars are created equal. I hope people who post will think a little before they babble.

My people are destroyed for lack of knowledge: because thou hast rejected knowledge, I will also reject thee, that thou shalt be no priest to me:

Hosea 4:6

awallejr

Is back?

We all know how you got them, you shorted 200 stocks in a bear market. Easy to do when the money is free.  Now just make your points and stop the touting.

Lol, abitarePERFECT is a Bear, but hates financials, drybulk shippers, retail, housing,and hates everything that is popular. Yes, it seems simple now...hating what others love-is his position, sort of. 

abitare - is dynamic, responds on instint, road the commodity bubble, BRIC implosion, housing implosion, stock market implosion, financial implosion...it all seems so simple in hind sight....

I am #1 in points and was Top Fool on 21 Nov. I like Schiff, a lot. People can follow me or they can listen to guys with (______<20). 

A reproof enters more into a wise man than an hundred stripes into a fool.

Proverbs 17:10

dexion10,

Schiff book Crashproof is worth a read.

 

 

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#6) On December 15, 2008 at 4:25 PM, awallejr (83.83) wrote:

Oh cut the crap about the points game. Madoff victim's fell for that too.  I have no issue with your blogging counter points.  In fact I find some of yours and your other "character" Ares's blogs amusing. But the point-touting in a purely manipulated "game" in basically every blog you post is childish.

The "point game" is meant more for fun, the quality of the blogs regarding real issues is what counts.

 

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#7) On December 15, 2008 at 4:39 PM, abitare (33.77) wrote:

awallejr,

I like to read the posts of others. But it is a filter to see if the player is able to make it to Allstar land. Has the Fool been able to demonstrate ability to pick companies or economic direction?

The "point game" is meant more for fun, the quality of the blogs regarding real issues is what counts.

Partially aligned....

There are CFAs, CPA, doctors, brokers, lawyers here in Fooldom. But here in Fooldom, a track record and colored hat determines, who the experts are over time, in very general terms.

For men Fool is a Yahoo message board, with a track record to follow.

Top in points are tougher to get then Allstar, IMO.  If you try to go all in ETF Ultra longs and shorts, you may miss time it and end up like bridgeboy01, burried in negative 3-5k in points.

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#8) On December 16, 2008 at 12:51 AM, awallejr (83.83) wrote:

Abi/ares it is nothing but a game.  No different than playing in a virtual MMO.  You aren't doing the things you do in your picks here in real life.  It can be manipulated easily if points is all you care about.  My portfolio, for example, is a dividend heavy one.  It is a function of time (check it five years from now).  What score will I get off a stock pick currently picked at $12 paying $3 a year in dividends five years from now?  Infinite points since my basis will be negative?

It isn't a filter at all.  I find many well written and informative posts by people >20 and many truly stupid ones by people in the 90s.

 

Make your points. Just stop the childish touting.  It is obvious, for example, that you like Schiff.  I give him kudos on his spot on predictions.  I just don't give him kudos for his "solutions."

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