Peter-Schiff – Fed Face Off (Yahoo Finance)
Peter Schiff’s views as an author, investor and free market idealist are no secret: Abolish the Fed, buy gold and avoid the dollar. With that in mind, Sunday night was something of a dream come true for the President of Euro Pacific Capital. Thanks To Princeton University’s Business Today, Schiff went head to head in New York City with St. Louis Federal Reserve President James Bullard and former Federal Reserve Vice Chairman Alan Blinder in a panel titled, “Challenges of the Global Slowdown: Redefining Government Regulation.” It might as well have been called “Schiff Blames the Fed for the Financial Crisis.” We caught up with Schiff after the panel to discuss some of the points mentioned in greater detail.
Tags: Face, Finance, PeterSchiff, Yahoo
April 7th, 2010 at 1:43 am
@planetcave and Megaspeculator
so how about the freefall in gold.
looks to me like it has been pretty sustainable compared to your prediction 3 months ago…
Schiff advice > youtuber advice
April 7th, 2010 at 2:35 am
god the next “peter schiff was right” will have a lot of material….
April 7th, 2010 at 2:57 am
We love you Peter!
April 7th, 2010 at 3:37 am
lol
April 7th, 2010 at 4:20 am
I remember when an ounce of pot was about the same price as gold. 350 I think,
silly me . I lost on that one as no one is interested in my 20 year old pot now.:-)
April 7th, 2010 at 5:02 am
@tommy6238
Are you an idiot? Nowhere does he say he wants to bomb Iran. He says bombing a structure would destroy a threat of that structure.
April 7th, 2010 at 5:51 am
he’s right on.
April 7th, 2010 at 6:38 am
Fed Reserve Guy named Blinder? This debate was over before it began. Schiff for President.
April 7th, 2010 at 7:06 am
Add the tool on the right at the beginning to the line of tools that were wrong from 2002 to now going against Peter. Some people never learn.
April 7th, 2010 at 7:20 am
Iran is on borrowed time no matter who gets elected. The professional class is emigrating at an alarming rate.
April 7th, 2010 at 7:27 am
You’ll be sorry you got on that boat when it sinks to the bottom of the ocean, I got out of the stock market about a month ago, but the downside in commodities is small in comparison to the downside in the dollar. I am half invested in commodities (silver and agricultural) and half in cash. What is this rally in comparison with the dramatic decline over the last 8 months?
April 7th, 2010 at 8:19 am
tommy6238 (— IRAN — country which never invaded anyone in 500 years …
USA invasion record for past 500 years …
Serbia 1999
Afganistan 2001
Iraq 2003 .
Iran Next ????
April 7th, 2010 at 8:57 am
That doesn’t make Peter Schiff a Neocon, he doesn’t want to invade Iran, only if he believed they were a threat, I don’t think Peter Schiff believes it will be in the country’s interest to invade Iran, but if he had to he would do it. I think he was just catering to his audience, In the next sentence he talks about drawing down foreign occupations, and how its bankrupting this country. No he is not a Neocon if anything he’s the complete opposite.
April 7th, 2010 at 9:46 am
watch?v=73vVEY8zNCE – Schiff is a NEOCON!!! He wants to bomb Iran! Don’t support him!!!
April 7th, 2010 at 9:53 am
would really love to see this debate in full…anybody got a link?
April 7th, 2010 at 10:07 am
You can buy much more silver, and it has a much higher growing opportunity than gold.
April 7th, 2010 at 10:17 am
haha, wait until Monday. The Dems just blew 1.1 trillion dollars…..and cant wait to blow more.
Gold is a buy.
April 7th, 2010 at 10:39 am
this one is getting started but I think we wil see deflation first.
April 7th, 2010 at 11:31 am
Btw, most Indians vote with a picture of a political party next to it. It would like you voting for democrat with a picture of a donkey or an elephant for a republican – some democracy. The capitalism and democracy that exists in India is a farce. Kind of like the media machine in the US – pure unadulterated crap.
April 7th, 2010 at 11:42 am
I’d be careful about trying to catch a falling knife. As far as the dream goes about India being a mass-market due to the fact of it having a representative democracy, there was one giant barrier and its called a caste system. The wealth is extremely concentrated and they’d rather hoard gold and have 50 family members living under one roof while one group controls all the rental income in a given area. In Singapore/Malaysia they say, “even god can’t make money off an Indian.”
April 7th, 2010 at 11:49 am
How about the fact that India continues to vote for capitalist democracy? Is that not a future of over 1 billion consumers? There are alot more potential Indian consumers then there ever were American consumers.
April 7th, 2010 at 12:14 pm
Actually, it’s a buying opportunity. a good time to jump on before 1600
April 7th, 2010 at 12:50 pm
It looks like the MegaSpeculator just took a lot of money from the Schiff boys. Just checked the exchange, gold is down in a big way and getting ready for a free fall. Now would you bubble maniacs do yourself and your loved ones a favor and cash out already. Giving it all back to the man is not too wise.
April 7th, 2010 at 1:32 pm
Planet Cave is RIGHT….Gold is NOT money, it never will be, the powers that be have made sure that their fiat currencies are the medium of exchange, and if you think gold id going higher, well, god bless the fools……its just another bubble, in fact Im short gold in a BIG way
April 7th, 2010 at 2:10 pm
How about the top seven economies in the world experiencing declining demand across the board in commodities and mfg. goods. Oil is falling due to a glut of supply with collapsing demand. Gold follows and lags oil. Check and site historical facts rather espousing the “Schiff of Wall St.” garbage.
November 9th, 2010 at 1:51 am
……….
Chanukah http://www.alljewishlinks.com Chanukah…
November 9th, 2010 at 8:47 pm
……….
Chanukah http://www.alljewishlinks.com Chanukah…