Peter Schiff - Genius or Lucky?

Hoggums

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• Dec 8, 2008

• #1

Here's a thread doing the rounds on youtube at the moment. Interesting to watch - his prediction which is ridiculed by other the other guests has pretty much come true. It's interesting to see how much our attitudes have changed now - back then his ideas were preposterous and I for one would have thought he's over-reacting.

YouTube - Peter Schiff Was Right 2006 - 2007 (2nd Edition)

 

FXSCALPER2

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• Dec 8, 2008

• #2

Hoggums said:

Here's a thread doing the rounds on youtube at the moment. Interesting to watch - his prediction which is ridiculed by other the other guests has pretty much come true. It's interesting to see how much our attitudes have changed now - back then his ideas were preposterous and I for one would have thought he's over-reacting.

YouTube - Peter Schiff Was Right 2006 - 2007 (2nd Edition)

Click to expand...

Neither.

 

chilltrader

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• Dec 8, 2008

• #3

Amazing... would love to see their faces now!!

 

chilltrader

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• Dec 8, 2008

• #4

Just confirms what we know... Analysts talk from their An*l passage )

 

FXSCALPER2

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• Dec 8, 2008

• #5

He was saying what every housewife knows instinctively: if you borrow and consume for years, you will go broke. Why those ********s thought this was a novel idea is a mystery.

 

arabianights

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• Dec 8, 2008

• #6

Yeah, I amazed out of thousands of ****ing idiots on CNBC with varying retarded predictions one was right!



In answer to the thread title: How the **** can someone like me tell the difference between lucky or genius?

 

jonnyy40

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• Jan 6, 2009

• #7

Ludwig von Mises Institute - Homepage (educate yourself about the true nature of money) You can read or download free articles or ebooks. -- Especially Murray N Rothbard's 'What has government done to our money'?
(Money is a commodity) VERY VERY important read.During the Queen's speech the government announced suspension of section 6 of the 1844 Banking Charter.The Bank of England no longer has to PUBLISH the money supply figure weekly.America is bankrupt and we are helping them to bury themselves.

 

Last edited: Jan 6, 2009

Tenapenny

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• Jan 6, 2009

• #8

And now we're going to borrow our way out of this mess. Isn't life grand?

Here's what Peter Schiff wrote just after Christmas. Peter Schiff Says There's No Pain-Free Cure for Recession - WSJ.com

 

Last edited: Jan 6, 2009

jonnyy40

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• Jan 6, 2009

• #9

Why Congress Must Stop the Fed's Massive Pumping - Frank Shostak - Mises Institute
A great article about why any cash injection won't work (ever). READ ABOUT AUSTRIAN ECONOMICS.Schiff is an adherent to that school. ROTHBARD PDF HERE What Has Government Done to Our Money? by Murray N. Rothbard .Bernanke is a Priest and Brown a Clown.I've had endless hilarity from their pronouncements since I educated myself about the true nature of money.Make your children read that book.

 

Last edited: Jan 6, 2009

D

dilesh23

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• Jan 6, 2009

• #10

YouTube - Cramer: Bernanke, Wake Up

i feel embarassed for this muppet watching this

 

W

WallStreetHero

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• Jan 6, 2009

• #11

cnbc and bloomberg are idiots who dnt know nothing, there wrong again and again.

peter schiff, ron paul, jim rogers, marc faber are geniuses who are the only people whos pridictions come right, yet cnbc and bloomberg fools laught them