12/22/2008 Part 1/3 Peter Schiff: Where To Put Your Money

by admin on January 10, 2009 · 68 comments

in Investing



{ 17 comments… read them below or add one }

1 rashanazw 01.12.09 at 4:27 am

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2 Jacobrester 01.14.09 at 11:04 pm

Hey dumbass………he admitted he was wrong on national television…..LOL…..what is your problem ?

3 crispymidget 01.17.09 at 8:37 am

Then you simply lack the brain power to understand economics, the ups and downs and long term investments… oh and idiots laugh when they have nothing smart to say. The I told you so won’t be worth it when we are yet again… as always… proven right.

He was wrong on nothing! You guys take regular market fluctuation and go OH HE WAS WRONG the moment something can be twisted to fit what you want to be true.

I understand. you have to be ignorant to deal with yourself. You’re sad.

4 Jacobrester 01.20.09 at 11:10 am

You are hilarious……..I saw him admit he was wrong on a TV interview

5 crispymidget 01.20.09 at 12:09 pm

not wrong on any of them.

6 crispymidget 01.21.09 at 3:46 am

Educated comment here! thanks for having a brain!

7 PairoftheSocks 01.24.09 at 2:39 pm

what are you talking about? Most “centrists” arn’t rational at all. They believe government can solve problems, which history has taught us it cant…

8 drmodestoesq 01.25.09 at 5:41 pm

Actually, this is a good question. The answer from Gold Bugs (people who are bullish on gold as a hedge against inflation and devaluations of currency) would be you should ask how many cans of soup or loaves of bread you could buy if the American Dollar collapses. The answer, being of course, more cans and loaves then before the collapse.

9 drmodestoesq 01.26.09 at 4:59 am

Normally Mr Pieaficianado, I restrict myself to long well thought out argument (I know I flatter myself) but in this case I’ll simply state: CHECKMATE!
—well played Mr. P.

10 drmodestoesq 01.27.09 at 5:55 am

I’d have to admit you have a point on this one Mr Jacobrester. If a economic adviser’s acolytes are screaming a bunch of ad hominem attacks without even an attempt to refute your point you have to wonder. Its like Ron Paul, (whom Schiff was an economic adviser to) any critical analysis of his political positions results in a mob of muck flinging fanatics threatening you with bodily harm.

11 drmodestoesq 01.28.09 at 11:45 am

Mr. Pair of the Socks, come on. You’ve watched 6000 videos (Many of them political, I’m assuming) and you don’t recognize a racist conspiracy nut when you read one? Don’t waste your time and valuable energy on people like this. Would you bother to argue with a rambling drunk spewing obscenities? Save your intellectual energies for for debating the dismal science with rational centrists. I mean, please, this individual thinks Lenin was Jewish.

12 Jacobrester 01.31.09 at 12:23 am

12 Ways Schiff Was Wrong in 2008

Wrong about hyperinflation
Wrong about the dollar
Wrong about commodities except for gold
Wrong about foreign currencies except for the Yen
Wrong about foreign equities
Wrong in timing
Wrong in risk management
Wrong in buy and hold thesis
Wrong on decoupling
Wrong on China
Wrong on US treasuries
Wrong on interest rates, both foreign and domestic

13 Jacobrester 02.05.09 at 2:23 am

Your dialogue is brilliant.

God I admire you.

14 dudebud007 02.07.09 at 7:39 am

hey fuckface, i predict that your head will be stuck in your ass forever, might as well get used to the concept of recycling shit

15 tooltalk 02.08.09 at 11:24 pm

I think your understanding of “free-market” is screwed up.

16 tooltalk 02.09.09 at 5:22 am

I don’t think your understanding of “free-market” is screwed up. RP isn’t saying his solutions are better - there is no solution, no “theory”. We don’t know enough about economics to plan something on such a grand scale, much less predict a crisis. If economists can’t achieve any economic growth in a small country like Ghana with all their new roads, bridges and schools and other New Deal-style programs, I’d say we have a long way to go before throwing $10T into something 100 times bigger.

17 tooltalk 02.11.09 at 4:31 pm

You are confusing me here: it is your honcho, Krugman, who claims to have a silver bullet with a $10T price tag - which would be financed by my tax money (and some more). I think he owes a really compelling explanation why/how his *plan* is going to work, all of a sudden, especially against the historical backdrop that government stimulus repeatedly failed in Japan since 90’s, or most of Africa, Latin America or Asians nations in the past 50 years.

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