Peter Schiff will be right predicting the fall of the dollar, BUBBLE ben bernankes idea...... Print a bunch money Loan it out to americans at ultra low rates speculate in real estate drive up RE prices extract equity and spend it on consumer goods! Repeat of the housing bubble all over again. Peter says the dollar is going to collapse, says the dollar index can go to 40 maybe 20. Less money printing higher interest rates is what he is looking for. I agree with everything Peter has said and is saying. I remember when everyone laughed at him back before the bubble burst in housing. What he is saying is going to happen, everyone is ignoring him now but will be listening to every word he says once it starts to unfold! I have no idea why no one is listening to Schiff. <object id="cnbcplayer" height="380" width="400" classid="clsid27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" > <param name="type" value="application/x-shockwave-flash"/> <param name="allowfullscreen" value="true"/> <param name="allowscriptaccess" value="always"/> <param name="quality" value="best"/> <param name="scale" value="noscale" /> <param name="wmode" value="transparent"/> <param name="bgcolor" value="#000000"/> <param name="salign" value="lt"/> <param name="flashVars" value="startTime=000"/> <param name="flashVars" value="endTime=000"/> <param name="movie" value="http://plus.cnbc.com/rssvideosearch/action/player/id/3000114813/code/cnbcplayershare" /> <embed name="cnbcplayer" PLUGINSPAGE="http://www.macromedia.com/go/getflashplayer" allowfullscreen="true" allowscriptaccess="always" bgcolor="#000000" height="380" width="400" quality="best" wmode="transparent" scale="noscale" salign="lt" src="http://plus.cnbc.com/rssvideosearch/action/player/id/3000114813/code/cnbcplayershare" type="application/x-shockwave-flash" /></object>
Why on earth did CNBC use an employee from J. P. Morgan? J.P Morgan is one of the banksters in FED. How stupid do they think we are
" keep your hands and feet inside the ride at all times..........." <iframe width="640" height="360" src="http://www.youtube.com/embed/2N8gJSMoOJc?feature=player_embedded" frameborder="0" allowfullscreen></iframe>
Most have. It only takes an ability to use Google and an IQ over 30 to find out. That said, I'm not a big fan of his funds, but he totally called 2007-2008, unlike Bernanke, Krugman, etc. And he's been right on PMs, which he's liked for more than a decade. Regardless of his funds, his PM calls put him ahead of 90% of advisors and 98% of idiots on here.
" the perma bear doomster " is trying to unload inventory at Amazon. he has a garage full and the wife wants the parking space back before winter. the book is a short trade. http://www.amazon.com/gp/product/12...mp=1789&creative=9325&creativeASIN=1250004470
peter schitt is an idiot. Didn't he say 4 years ago, after the first stimulus and TARP, that we'd have hyperinflation by now? meanwhile interest rates continue to decline. If not for these QE's, we'd have falling home prices and DEFLATION. He's been totally wrong on that one