Showing posts with label Peter Schiff. Show all posts
Showing posts with label Peter Schiff. Show all posts
Wednesday, August 3, 2016
Wednesday, February 4, 2015
Thursday, December 25, 2014
Saturday, November 8, 2014
In Defense of Peter Schiff
This is a great read on several fronts: Austrian school of economics
vs. conventional wisdom Keynesian, contrarian vs. group-think, outsider
vs. establishment, outside-the-box thinking vs. insular, etc. and how
the masses continue to get fleeced.
http://mises.ca/posts/blog/in-defense-of-peter-schiff/
http://mises.ca/posts/blog/in-defense-of-peter-schiff/
Labels:
defense,
Peter Schiff
Thursday, July 31, 2014
Wednesday, September 25, 2013
Peter Schiff Was Right - 'Taper' Edition
Peter Schiff and I were right all along. The Fed is trapped so
they cannot taper QE. And if they had tapered, markets would
crash, and they would have to reverse course and gin up QE even more. Which means they lose whatever little credibility they have left.
But the Fed and all the experts have to jawbone tapering/ending QE. Hell, they've been cheerleading economic "green shoots" since the recession "ended" in 2009.
Janet Yellen will regret winning the appointment as Fed Chairperson because the USS Titanic will sink on her watch.
http://youtu.be/Tak9ODlBJgM
But the Fed and all the experts have to jawbone tapering/ending QE. Hell, they've been cheerleading economic "green shoots" since the recession "ended" in 2009.
I like how the consensus mocked Schiff, as they did in
2006 when he rang the alarm bells. And then the clowns, er...the
"pundits" on CNBC have the gall to say "nobody saw it coming." What a bunch of shills...
http://youtu.be/Tak9ODlBJgM
Monday, December 17, 2012
Fed Targets Unemployment
Labels:
CNBC,
Fed,
gold,
Peter Schiff,
QE,
Rick Santelli,
targets,
unemployment,
USDollar
Tuesday, December 4, 2012
Sunday, November 25, 2012
Black Friday, Fiscal Cliff, Gold, Dollar
Peter Schiff is self-promotional and abrasive to his critics, but he's also insightful--and usually accurate with his forecasts.
http://youtu.be/WATn7PMOTLo
http://youtu.be/WATn7PMOTLo
Labels:
Black Friday,
dollar,
fiscal cliff,
gold,
Peter Schiff
Thursday, July 19, 2012
Saturday, September 24, 2011
Peter Schiff - Gold & Silver Plunge Mirrors 2008, What’s Next?
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/24_Peter_Schiff_-_Gold_%26_Silver_Plunge_Mirrors_2008%2C_Whats_Next.html
“Anyone who bought silver on leverage last week probably already has a margin call, so that’s difficult. But for the cash buyer who is buying to preserve their wealth from inflation, yesterday was a great day. Days like that are opportunities.
I know for some people they are thinking, ‘Oh no, my gold has lost value.‘ Your gold is still your gold, your silver is still your silver. Yes, if you had to sell it today you couldn’t get as many dollars or euros for your gold, but we’re not selling it today so what difference does it make?
We’re holding it because we’re probably going to need it for tomorrow and so the forced selling is a good opportunity for the people who aren’t forced to sell and still are looking to buy.
I have a feeling that all of this volatility is on the speculative end. It’s the leveraged players, it’s the hedge funds, the big money that’s gambling. The physical market is not driven by speculators, it’s real demand by people from all around the world who want to save and who don’t want to do it in currencies where the interest rates are at zero and where the printing presses are running at full speed.
I think physical buyers are going to respond to the drop in price by increasing their purchases. That’s how the market works, when prices are lower, you want to buy more....
“It’s only the speculators that are looking to buy high and chase momentum. Then when it goes down they look to bail out.
They (speculators) are not there to be long-term investors and as soon as the momentum goes, they are out the door. If I liked silver last week at $40 an ounce, I’ve got to like it even more at $30 an ounce. It’s the same silver, so if I can get it for less money, why wouldn’t I buy it?”When asked what he is doing with his own money Schiff stated, “I bought some mining shares in my personal account in the last couple of days and even some non-mining shares. I like to take advantage of lower prices. You always have to be looking at these declines as buying opportunities.”
Labels:
gold,
Peter Schiff,
plunge,
silver
Monday, September 19, 2011
Thursday, September 15, 2011
Monday, August 22, 2011
Tuesday, August 16, 2011
Wednesday, August 3, 2011
Monday, July 18, 2011
Friday, June 10, 2011
Wednesday, March 2, 2011
Sunday, August 8, 2010
The golden decade
Thanks to Dick for bringing this article to my attention.
http://www.financialsense.com/contributors/peter-schiff/the-golden-decade
http://www.financialsense.com/contributors/peter-schiff/the-golden-decade
Labels:
gold,
golden decade,
Peter Schiff
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