Peter Schiff The Schiff Report Video Blog May 15 2009
Duration : 0:9:42
[youtube F1vb7isUZUs]
-
Archives
- May 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
-
Meta
mr. schiff, I have …
mr. schiff, I have a question. When you talk about foreign stocks rising, are you talking about stocks traded on foreign markets, or would a chinese stock being traded on the NYSE fit your criteria of foreign stock?
If it is greed that …
If it is greed that is the problem, then we are facing a social problem, not an economic problem. There will be greedy humans, and no economic system will prevent that. Socialism has greed, communism has greed, dictatorships sure as have greed. Capitalism is the best economic system, but we do need to work on social interaction and perhaps wealth (in)equality
It wasn’t …
It wasn’t capitalism. It was BAD capitalism. It was BAD people with little to no gray matter inside their skulls. It was Keynesian capitalism.
idiot, he never …
idiot, he never says gold is more stable than american productivity, if you had half a brain you would know he is an advocate of productivity.
He says gold is more valuable than the american dollar (a fiat currency). It is the decrease in the value of the dollar which has led to the increase in the price of gold. Gold has not gone up in value. That is the whole point of gold. It is stable. Jesus ing christ I feel like I am talking to a 3 year old. Gold does have intrinsic value
watch this short …
watch this short film about greed and capitalizm:
watch?v=RWsx1X8PV_A
Ro-Sham-Bo is the …
Ro-Sham-Bo is the only time paper beats rock. Don’t simple economic laws still matter in the age of Keynesian policy? Gold was not randomly picked to back up currencies. A starter course in what money is would do a lot of good for most people. Money is simply the most widely accepted bartering tool.For THOUSANDS of years that tool has been gold. It is easily carried,doesn’t deteriorate when stored,hard to counterfeit, and is limited in quantity.How bout paper? Nah, we’ll just print more.
You ought to define …
You ought to define “capitalism” before you blame it for everything under the sun that ever went wrong. …and then after you define it, you ought to explain HOW it got us into this mess. Frankly, I don’t think you understand how markets work.
Gold has no …
Gold has no intrinsic value, eh? Cool. I agree with you. Now, I have a question. What actually HAS “intrinsic value”?
Believing that gold …
Believing that gold is more stable or valuble then American productivity is moronic. You profess doomday when foreign investors pull out and buy your beloved gold forcing America into ruin.
On the contrary, when people realize gold is just a rock that is heavy,doesn’t generate any interest, and you have to pay store it one will soon see that paying 900 dollars for such a rock that fools like you call precious, in reality has no intrinsic value, and is the biggest joke of the millieum
good morning peter! …
good morning peter! Ive been a follower for a while and have trusted everything you have said, so what do you make of this mornings unemployment numbers? Much better than expected… Gold going down dollar on the rise…. what is the next play?
I don’t remember …
I don’t remember exactly what Peter said, I watched this video a while back and I’m not going to sit through the whole 9 minutes again. However I believe he gave a spot-on analysis of the current and future state of affairs but then said that the answer is more capitalism. Capitalism got us into this mess by providing INCENTIVES to be greedy, corrupt, and unethical. As long as the incentives are there the problem will never go away.
I am “spouting” …
I am “spouting” anti-capitalist rhetoric but it sure as ain’t bullshit. It is IMPOSSIBLE to have a capitalistic free-enterprise system without greedy people at the top, it’s absolutely 100% impossible. You show me a capitalist country that isn’t corrupt and I’ll show you my suicide note, that’s how confident I am. Put away your god ed iPods and get out of your Hummers and realize you live in a sick society obsessed with money and greed.
Wrong. What got us …
Wrong. What got us into this mess was meddling politicians who think they have the right to steal the American people’s money through inflation and excessive taxation. Social engineering from the top if many times more unethical than a businessperson trying to turn a profit.
Anti-capitalist bullshit rhetoric is all you’re spouting.
its not the profits …
its not the profits, its man’s to make profits….Usury/Interest is the problem…banks make money of you or my promise to pay back a loan…If i go buy a car from a dealer, why should a third party step in (who does absolutely nothing) and make 5-30% in interest from that loan…isn’t the loan just my promise to pay you back for this good or service?
@xPythox…What did …
@xPythox…What did you think about Peter’s argument in this video? He said it wasn’t profits that got us into this mess, but gov’t getting involved and encouraging (almost forcing in some cases) irresponsible risks.
Should you be short …
Should you be short selling stocks?
The short sales are HOT this week on SIRI Sirius XM Radio Inc. has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc.
I thought short selling a stock drove the price down? Lots of people are doing it! It must be profitable! SIRI
Quit spamming …
Quit spamming George!
We already are …
We already are seeing the printing of 1 trillion dollars. Gas increased 40 cents this week and interest rates are going up.
Yes Peter Schiff is …
Yes Peter Schiff is dead on about the state of the economy and the future of the United States, however his method of going about it is absurd. More capitalism? Capitalism and the evil allure of profit IS WHAT GOT US INTO THIS MESS
Please Peter keep …
Please Peter keep speaking up and providing us all with your comments
6:19 – 6:33 is the …
6:19 – 6:33 is the most correct statement ever.
The market is going …
The market is going up today what a JOKE…
Thanks Peter for keeping me grounded… Love your books as well.
Peter Schiff is a …
Peter Schiff is a hero for spreading the truth about the economy and the hyperinflation that will soon destroy America. Read the articles and signup for the free newsletter at: Inflation . us
FOR EVERYONE who …
FOR EVERYONE who FOLLOWS JIM ROGERS, PETER SCHIFF, MARC FABER and RON PAUL… I just always go to financialtruth0.blogspot . com because they post all the latest videos there! Thanks for uploading this vid anyway!!!
so to demonstrate …
so to demonstrate your debate skills you resort to false umptions & name-calling, threatening to leave after how many time, I lost count…
Other than a few provisions of the safety net, which I purpose only because it’s too late, everything else I’ve typed has been uttered from both the mouths of Peter Schiif and Dr. Paul in regards to the crisis. The archives are here to investigate, but I suspect you listen only to what you want to hear
Pingback: jelqing secrets