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Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse

 
Anonymous Coward
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08/12/2015 01:35 PM
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Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
this is the guy that foretold the 2008 real estate bubble burst right on FOX News and CNN stations while they laughed at him in the months leading up to the financial crisis. This is the guy that predicted all of the rounds of QE and has been spot on on pretty much every prediction I have seen him make. This guy really does know what's up, and now he says the dollar will soon collapse.

[link to www.newsmax.com]

brace yourself, stock up on some food, lol
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse




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08/12/2015 01:40 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
and one more

Shiva ascendant

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08/12/2015 01:41 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
"Worlds Best Economic Prognosticator"? Nikka please.
This is the way the world ends.
This is the way the world ends.
This is the way the world ends.
Not with a bang but with a whimper.
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08/12/2015 01:45 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
"Worlds Best Economic Prognosticator"? Nikka please.
 Quoting: Shiva ascendant


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
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08/12/2015 02:28 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
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]

hesright
Anonymous Coward
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08/12/2015 02:32 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
Ron Paul: Watch out. Dollar's in a 'huge bubble'

[link to www.cnbc.com]
Anonymous Coward
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08/12/2015 02:35 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
Thread: Is The 505 Trillion Dollar Interest Rate Derivatives Bubble In Imminent Jeopardy?
Shut Up Meg

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08/12/2015 02:59 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
Peter Schiff - 1 month ago! A 2 minute blurb - freeeaky hiding
[link to video.search.yahoo.com]

Last Edited by Shut Up Meg on 08/12/2015 02:59 PM
Anonymous Coward
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08/12/2015 03:15 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
Peter Schiff predicts doom 100% of the time. Eventually he's right but mostly he's wrong.

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)
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08/12/2015 04:18 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
Peter Schiff predicts doom 100% of the time. Eventually he's right but mostly he's wrong.

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.
 Quoting: Anonymous Coward 70029412


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.
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08/12/2015 05:22 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
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

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08/12/2015 05:28 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
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]

hesright
 Quoting: Anonymous Coward 70029638


yep
KC_Goldshine



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Anonymous Coward (OP)
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08/12/2015 07:16 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
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.
Anonymous Coward
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08/12/2015 07:39 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
"Worlds Best Economic Prognosticator"? Nikka please.
 Quoting: Shiva ascendant


The worlds best economical people are right here at GLP

we years ahead of the rest, they likely come here and repeat what we say and claim its theirs
Anonymous Coward
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08/12/2015 08:05 PM
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Re: Worlds Best Economic Prognosticator, Peter Schiff, Says Dollar Bubble Will Collapse
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.
 Quoting: Anonymous Coward 56814553



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]





GLP