This man has consistently been right about everything! Find out more at europac.net check out my blog about the Miami real estate crash: miamicondoforum.com
Tribute to Peter Schiff
25 Responses for “Tribute to Peter Schiff”
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Given that he was talking about hyperinflation and were are in hyperDEflation. Also the world has realized if the USA goes down the tubes the rest of the world will go down with us.
Watch my video. It will blow your mind away!
Obitchyouwary couldn’t out-dive two more experienced Bush-pilots when Joe Plumber was on Debate III with an IQ of TWO for a half-hour, so Granny Maddie told Bam he was Kenyan, she died, and that’s all I have to say about THAT. Shoulda dumped, but he gumped past Cosby and Bel Air, which tell him to STAY HOME, and leave Star Trek to the conventioneers, but NO! We wait for Disney to roll over and invent a new cartoon, for Mr.President. Planes, copters, and cars roll over, in 2011. Got volcanoes?
Besides the dollar, he’s totally wrong here.
I just love all the chicken littles of the world. How’s your gold doing? Still on the way to $5,000/oz.? I can sell you a sweet bunker if you want one too.
sweet.
I’ve seen this video many many times and still love the way the music and video are edited. Great job.
Great Video. Sick tune.
Schiff for senate 2010
Jefferson and Hamilton authored the Coinage Act of 1792: In this Act of Congress the word “dollar” was defined by statistical assay of the Spanish Milled Dollar in circulation to contain 371.25 grains of silver. If you take a paper FRN and demand your 371.25 gr. of Ag (i.e. a silver dollar ) the banksters will just laugh you out the door… they’ll stop laughing when we arrest them and try them for treason and counterfeiting. Git yer pitchforks boys. (480 grains = 1 troy oz)
Maybe it’s time the gold hoarders actually won out. =)
Totally original @ 55 seconds…Credit Crunch Cereal with Free Helicoper inside…love that cearal box outlay!
Am i right in thinking that real estate assets and stock wealth are not part of the money supply?
There is nothing going on, (its not a con 2.52) just go back to sleep and when you wake you’ll be in the gutter along with everyone else.
Yeah he is jew
2:52 lol peter schiff owning the convo
Value is value. The question should be whether “deflation” is actually BAD, if prices are going down with everything else, or not.
The typical argument against both deflation or inflation tends to include the word “distortion.”
If people can make an educated guess about what’s going to happen in the future, they’ll make decisions that will, generally, be to the benefit of the overall economy.
Unpredictable economic distortions due to government intervention make educated guesses impossible.
What does somebodies ethnicity have to do with their support of economic freedom ?
Well obama probably cares about some businesses. Particularly those that helped him get elected and maintain good poll numbers. GE for sure.
I wish this guy was obamas economic advisor, but that would mean obama would have to care about america and american business, and we all know he dosent
The only reason to own gold and silver isnt because of inflation. Gold does terrible during inflation. Since the 1700’s it only rose in one inflationary period, the 1970’s, and quickly collapsed. Gold and silver is only good for one thing, to insure yourself against all fiat currencies collapsing. Hoarding metals is retarted. Your better off in real estate at these levels. The gold hoarders never win out. They are always fighting last decades battle.
You people dont get it. There will be no hyperinflation. The fed can print 2 trillion, but if 2 trillion vanishes from real estate assets, and world stock wealth, there is no addition to the money supply. Most ameteurs just dont get this point. We already had inflation from 2000 to 2008. Its over now. Most people thought they had hundreds of thousands in net worth and now they realize they are underwater and going bankrupt. This isnt inflationary.
MrAlanKendall – It will not take that long to see high inflation, 2013 it will start happening ,and things will get really bad.
Hyper-inflation will not start until the deflation in Real Estate is over. Like the Decade of recession/inflation in the 1970’s, the first half was deflationary and the second half was inflationary. The 1 trillion dollars of Sub-Prime loans are almost over but 1.6 trillion dollars of Alt-A and Option-Arms loans will adjust in 2009 through 2012 so Real Estate will Bottom in 2013. Before 2016 the glut of Bank-Owned foreclosures will keep inflation in check. After 2016 we will have hyperinflation
schiff was wrong, this video is stupid.