The truth about the market rally

MargieNY Says:

Sep 22, 2009 - You know, I think it's time for all of us -- whether you are a Democrat, Republican, or Independent -- to get together and tell Wall Street to go take a hike. Paul Volcker is the economist that makes the most sense to me -- he wants to stop letting Wall Street firms play the games that got us into this mess. Schiff is right -- the Wall Street bail-out did nothing but re-inflate an asset bubble. And now those jerks are paying themselves big bonuses!!

Arginine88 Says:

Sep 24, 2009 - that's a ton of views for this video!

andli843 Says:

Sep 26, 2009 - what'd you expect though, did you think the dollar would stay at the level it was at when the crash occurred? it hasn't hit the lows it wasa at before, but it won't be too long. i just changed to a brokerage that offers forex so that i can purchase a dozen or so contracts to combat inflation.

dream2last Says:

Sep 26, 2009 - think about now who gives the fuck what was said 100 years ago, ofcourse we were not there at that time

tommypnoid Says:

Sep 26, 2009 - weird thing is i have been saying this since 2005 but hey i only got a 10th grade education. i mean inflation has caused all this and most of it is due to the fact that we have no manufacturing.

2GVeronica Says:

Sep 28, 2009 - who wants to f.. Nah jk that would be slutty of me to say

housechores Says:

Oct 1, 2009 - No he's not. If he felt the US economy was improving he would invest in America. The guy doesn't live in a box, he scouts for opportunities for his clients. He also cares about the US economy, and feels an obligation to inform the public what's about to happen. Listen to Peters speeches in 2006 and you will know the guy is for real. He's not a snake oil salesman.

2385Lucifer Says:

Oct 1, 2009 - The first time i saw peter schiff was in a 'dutch' documentary: "The day that the dollar falls".... The documentary was made in the year 2005.... And they where scared that the dollar would be only be 80 euro cent's. Now it's 64 cents..... He told a storry about a island with one "fat american" and a lot of little japanese/chinese workers to feed the "fat american"... He said it's better to kick the "fat american" of the island. Than they dont have to work as hard to feed the "Fat guy"...

Koutetsu Says:

Oct 7, 2009 - True laissez-faire capitalism - Seperate state and economics: it's the only answer to global poverty and oppression.

pcuimac Says:

Oct 9, 2009 - But his predictions are based on facts not devine inspiration. He has a clear train of thought.

thechonan1980 Says:

Oct 9, 2009 - If the fed does crank up the interest rate, does gold stop going up?

jaffijoe Says:

Oct 10, 2009 - That highly depends upon 3 main things: dollar strength, speculation and inflation. No matter what, if the dollar loses value, you will see an increase in gold value. In regard to speculation, gold is no longer money for you and I, it is only money between central banks, nations and commercial banks. While you cannot own gold as money today, you can invest in it; this is the speculative aspect that has plagued gold for many years. Inflation vs. gold; well, that is self-explanatory.

rednxrule Says:

Oct 11, 2009 - gold is not connected to our monetary standard ....... as the interest rate increases gold will stay the same. gold is only the standard at which interest rates are based. they are completely independent of each other. gold is better. interest rates are a prediction of economic trends. gold is the only stable factor in the economical realm. all monetary rates of every country just plays off of it. gold is the safest long term investment you can have right now.

sknmnm Says:

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draadjesvlees Says:

Oct 17, 2009 - Peter I notice you are bashing the US very hard. And you are right. But, being from Europe myself, don't ignore the bad financial situation in Europe; we're not doing much better than the US, regardless of the crap the European governments sell.

0MoTheG Says:

Oct 18, 2009 - @draadjesvlees: That depends very much on what country of the EU you are talking about. Date: 10/18 Rate: 1€ = $1,49 | -20% compared to Jan 06. that is -4% p.a. wow a Rep. talking of rising taxes, I'm impressed. much consent with this vid, but I don't see the Oil at $100 that soon, people have bought for the winter and will not have the $ to buy that much. reserves are high too.

phillipdriscoll Says:

Oct 18, 2009 - 10 minute masterpiece !

CarlosXdotcom Says:

Oct 26, 2009 - He predicted oil over $80, check. Gold over 1000, check. Peter, we are going down right now.

SourChews Says:

Oct 29, 2009 - also, the euro is just under $1.50

KutWrite Says:

Oct 31, 2009 - You're still buying their assumptions. There was no crisis. A few co's were suffering due to bad mgt and worse gov't policy. They should've just gone bankrupt. Instead, the Sheeple were being frightened into allowing more of their money to flow into the pockets of insiders. Next, a fake "Swine Flu" scare to shake loose more dollars to insider drug co's. What's the "Fear o' the Week" this week?

eliasmouawad Says:

Nov 1, 2009 - Search for "CIA DEBT LIE"

draadjesvlees Says:

Nov 7, 2009 - All european countries are as broke as the us; don't read your local newspaper, its full of crap...

mds12643 Says:

Nov 7, 2009 - I would say that Peter Schiff has a good understanding of this situation. Something will most surely have to give. The United States imports more than it exports. The united States money is not backed by gold or silver. This means the paper money has the worth of an IOU. Afterwhile, Foreign countries will want something besides IOU's. In essence, No products from foreign countries unless we can trade something of value. It is very basic and true.

eddiepeay Says:

Nov 15, 2009 - I agree. saying the Dow or Gold is going up because the numbers go up is like saying Milk is going up because it costs more. Anything dollar based is going to look like its "going up" because it takes more dollars to buy them. Better buy some of that gold and silver that keeps "going up" because its not going up, your dollars are going down.

cray0308 Says:

Nov 22, 2009 - i wish peter schiff travels to india and talks some sense into the arsehole politicians to liberalise the economy. i am tired and sick of government trying to get into business, failing and then eating taxpayer money.