Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse | |
Anonymous Coward (OP) User ID: 56814553 United States 08/12/2015 01:37 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward (OP) User ID: 56814553 United States 08/12/2015 01:45 PM Report Abusive Post Report Copyright Violation | he is though. he makes real hardcore, set in stone predictions that actually come to pass. not like other bullshit people who hedge their bets and talk vaguely. the establishment just doesnt want to RECOGNIZE him as the best because his predictions are so dire and if they did they too would have to recognize that the situation is very dire |
Anonymous Coward User ID: 70029638 Romania 08/12/2015 02:28 PM Report Abusive Post Report Copyright Violation | Schiff: US Dollar Bubble Is Going to Burst China's economy is not failing and this is a small devaluation, 2 percent. The Chinese currency has increased in value dramatically over the past several years along with the US dollar. So this move was motivated not by the exchange rate between the yuan and the dollar, but between the yuan and all the other currencies because the dollars is in a bubble right now, he said. Special: New Probiotic Fat Burner Takes GNC by Storm The dollar is very over valued and the dollar is a bubble, he told Newsmax Prime. This dollar bubble is going to burst, he said. [link to www.newsmax.com] |
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Shut Up Meg User ID: 63304242 United States 08/12/2015 02:59 PM Report Abusive Post Report Copyright Violation | Peter Schiff - 1 month ago! A 2 minute blurb - freeeaky [link to video.search.yahoo.com] Last Edited by Shut Up Meg on 08/12/2015 02:59 PM |
Anonymous Coward User ID: 70029412 United States 08/12/2015 03:15 PM Report Abusive Post Report Copyright Violation | The people that make money are the ones that come out ahead. The ones that live in endless fear are the ones that squander everything. |
Anonymous Coward (OP) User ID: 56814553 United States 08/12/2015 04:18 PM Report Abusive Post Report Copyright Violation | Peter Schiff predicts doom 100% of the time. Eventually he's right but mostly he's wrong. Quoting: Anonymous Coward 70029412 The people that make money are the ones that come out ahead. The ones that live in endless fear are the ones that squander everything. no no no, he's not 'eventually right'. understand, he didnt just yell doom at the housing market collapse, he understood all of the precipitating factors and what went into it, explained them, and then commentated on it as they played out. and hes not a one hit wonder either, he predicted the dotcom burst too. and lots and LOTS of other things. its not so simple as 'a prediction' and even though his forecast on, for example, the housing market collapse was spread out over a period of time, he literally called it in the months leading up to it and right before and AS it happened. its just nonsense to say 'he always predicts doom and eventually he is right'. no, he understands that the system is deeply flawed and cannot sustain himself. therefore, his overarching prediction is always doom, but not doom for the sake of doom, doom for very real and valid reasons. and when it comes to the individual factors inside of that doom, he is always correct too. and i hardly ever hear him make predictions that are legit untrue. |
Anonymous Coward User ID: 69967548 United States 08/12/2015 05:22 PM Report Abusive Post Report Copyright Violation | The guy is far from the best.Ray Dalio is much more respected by nearly everyone on the street. Schiff has some valid points at times but keep in mind guys like him who are always claiming to have nailed the top often make that top call 50 times before they actually get it, and if you tried to trade his calls without having endless amounts of money to add to the losing position you'd likely blowup before seeing the profit. |
Sir_Kayle User ID: 68037780 United States 08/12/2015 05:28 PM Report Abusive Post Report Copyright Violation | Schiff: US Dollar Bubble Is Going to Burst Quoting: Anonymous Coward 70029638 China's economy is not failing and this is a small devaluation, 2 percent. The Chinese currency has increased in value dramatically over the past several years along with the US dollar. So this move was motivated not by the exchange rate between the yuan and the dollar, but between the yuan and all the other currencies because the dollars is in a bubble right now, he said. Special: New Probiotic Fat Burner Takes GNC by Storm The dollar is very over valued and the dollar is a bubble, he told Newsmax Prime. This dollar bubble is going to burst, he said. [link to www.newsmax.com] KC_Goldshine "Know guns, no crime. No guns, know crime." - Ralph Lauretano "No free man shall ever be debarred the use of arms" - Thomas Jefferson "When injustice becomes law, resistance becomes duty." - Thomas Jefferson "It's easier to fool people than to convince them they have been fooled." - Mark Twain "Those who hammer their guns into plows will plow for those who do not." - Thomas Jefferson "Those who surrender freedom for security will not have, nor do they deserve, either one." - Benjamin Franklin "To learn who rules over you, simply find out who you are not allowed to criticize." - Said to be Voltaire, but really - Unknown |
Anonymous Coward (OP) User ID: 56814553 United States 08/12/2015 07:16 PM Report Abusive Post Report Copyright Violation | The guy is far from the best.Ray Dalio is much more respected by nearly everyone on the street. Schiff has some valid points at times but keep in mind guys like him who are always claiming to have nailed the top often make that top call 50 times before they actually get it, and if you tried to trade his calls without having endless amounts of money to add to the losing position you'd likely blowup before seeing the profit. Quoting: Anonymous Coward 69967548 i follow him closely, he did not make the calls 50 times before it happened. he was on top of them the whole time. the financial establishment never wants to give this guy the credit because he is 100% calling them on their fuckin bullshit all of the time. he is a straight shooter and thats why they are afraid of him. same shit as donald trump. |
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Anonymous Coward User ID: 69967548 United States 08/12/2015 08:05 PM Report Abusive Post Report Copyright Violation | The guy is far from the best.Ray Dalio is much more respected by nearly everyone on the street. Schiff has some valid points at times but keep in mind guys like him who are always claiming to have nailed the top often make that top call 50 times before they actually get it, and if you tried to trade his calls without having endless amounts of money to add to the losing position you'd likely blowup before seeing the profit. Quoting: Anonymous Coward 69967548 i follow him closely, he did not make the calls 50 times before it happened. he was on top of them the whole time. the financial establishment never wants to give this guy the credit because he is 100% calling them on their fuckin bullshit all of the time. he is a straight shooter and thats why they are afraid of him. same shit as donald trump. As you know he is well known for his predictions on gold, take a look at his performance and tell me again how he is the Worlds Best Economic Prognosticator [link to www.europacificfunds.com] |