May 02, 2008
– Comments (5)
Peter Schiff and Jonathan Hoening On FOX News 5/1/2008 (Video 4.04)
FYI - Jonathan Hoenig, has been called upon to argue with Peter Schiff in this interview. I think they are both aligned in thinking, but are forced to argue on for the TV audience. Schiff is on TV several times a week now. They used to make fun of Schiff for his bearish calls. Now he looks like a genius and the others look like Cheerleading idiots.
I emailed Hoenig six months ago after he lit and started smoking a cigarette while being interviewed on live TV. He did it to mock the government’s rules against smoking and over stretching into people's lives. He got in a lot of trouble and received hate mail etc….I told him I thought it was hysterical and a great way to get kicked off Fox News. Hoenig wrote me back and said you have to support peoples' right to choose - even smokers.
Jonathan Hoenig runs a hedge fund, I am not sure the amount of money he manages or how successful he is. His picks are tracked in CAPS. I like some of his ideas. He is bearish on the economy and the dollar in general.
If you like Peter Schiff here is a tribute:
I thought Hoenig came out as a bull at the end of the interview, saying something about the worst being behind us in the April numbers, or something like that.
Look at Hoenings picks. He has UDN - outperform = PowerShares DB US Dollar Index Bearish
Fox just wanted an opposite player of Schiff. Hoenig is a ridiculous choice, he as bearish as anybody.
Good post....Question: How did you insert the video into the post?
Thanks ahead of time
You have to get an embed script and paste it. youtube - has the embed script on the rightside and you can copy it.
Here is a link to imbed pictures: