View Full Version : peter schiff and the modern economic state of affairs
The Guy
11-22-2008, 09:02 AM
i hope this thread doesnt break any of theGP rules, but considering the reality of our economy, i think this is an important subject to address. . . this is a link to peter schiff giving a speech to some of the countrys wealthiest mortgage brokers in 2006. i swear, this guy is better than madam cleo. alot of people scoff at mr schiff because of his cynical and pessimistic views, but no matter what you believe, reality is reality.
http://www.youtube.com/watch?v=6G3Qefbt0n4&feature=related
NaylorStrat
11-22-2008, 09:31 AM
There is already a thread about this guy here.
http://www.thegearpage.net/board/showthread.php?t=467173
Glide
11-22-2008, 09:34 AM
What is even more fun is to go back and watch his video archive from years ago and see the people that publicly chastised him on all the stock "talking head" programs. Watch the one where the lady economist from Detroit tells him that the auto industry couldn't be better. I think it is in the 2006 archive:
http://www.europac.net/video.asp
What's really interesting about him is that he puts his PAST predictions up as videos on his site so you can see what he said vs what actually happened.
I don't know another single brokerage that would have the testicular fortitude (balls)to do that.
The Guy
11-22-2008, 09:35 AM
There is already a thread about this guy here.
http://www.thegearpage.net/board/showthread.php?t=467173
whoops. . . guess im 'outta the loop'
What is even more fun is to go back and watch his video archive from years ago and see the people that publicly chastised him on all the stock "talking head" programs. Watch the one where the lady economist from Detroit tells him that the auto industry couldn't be better. I think it is in the 2006 archive:
http://www.europac.net/video.asp
What's really interesting about him is that he puts his PAST predictions up as videos on his site so you can see what he said vs what actually happened.
I don't know another single brokerage that would have the testicular fortitude (balls)to do that.
Before or after he is proven correct?
Before = balls
After = glory seeker
DaveF
11-22-2008, 09:54 AM
He has made plenty of incorrect predictions too.
telecopter
11-22-2008, 09:57 AM
He has made plenty of incorrect predictions too.
If so, I'd like to hear them. Any sources?
Glide
11-22-2008, 10:37 AM
Before or after he is proven correct?
Before = balls
After = glory seeker
Both - As you can see on that page each time he does an interview he puts it up. The one he just did on 11/20 is there for all to see.
So I guess he would be a ballsy glory seeker that is proven correct, eh Luke?
If nothing else, he has piqued my interest in certain foreign equities that I overlooked before.
Mike Anderson
11-22-2008, 10:42 AM
If so, I'd like to hear them. Any sources?
Decoupling.
DaveF
11-22-2008, 10:45 AM
Decoupling.
http://globaleconomicanalysis.blogspot.com/2008/11/peter-schiff-hugely-right-enormously.html
also predictions about gold and oil prices (and timing of those prices) over the years.
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