peter schiff: My Hope for Change is with Getting Peter Schiff Elected to the Senate - 02/24/10 12:16 AM
Yea, I know.  Who really cares about a Senate race in Connecticutt?
But the more I watch Peter Schiff videos, the more I love this guy.  He's the guy who predicted the housing crash when others were laughing at him and calling him crazy.
Watch these videos showing a talk he gave to a small group.  Imagine him talking like this on the floor of the Senate.  He actually makes sense and doesn't talk like a politician.  He says he really doesn't want to run but he's tired of being a spectator when he knows what's coming.  He compares it to watching a … (1 comments)

peter schiff: Peter Schiff's Quest to be Senator - 01/19/10 12:19 PM
Peter Schiff, the guy who predicted the collapse of the housing market, is now running for the US Senate.  It's going to be interesting to see how he plays the political game.  He's an investment advisor who has been warning his clients that the current government fiscal and monetary policies are destroying our economy and will destroy the value of the dollar.  He advises that people should prepare for the worst and invest in commodities like gold and invest in foreign stocks that aren't totally tied into the US economy.
In this stump speech on health care, which I agree with … (4 comments)

peter schiff: When We Hit Bottom, You'll be Laughed at When You Tell People to Buy - 09/26/08 06:54 AM
YouTube is such a great thing.  No one can hide anymore from a bad prediction because somewhere, somehow, someone recorded it and put it on YouTube.
Here's a funny video clip from a Financial News show back in December 2006, way back in the good old days.  This was back when many "experts" were saying that we probably hit bottom and things were going to be getting much better soon.  Of course, this was when prices were just leveling off before they went south.
I say that we will not have hit bottom until one guy is saying you should buy … (8 comments)

peter schiff: I Hope These Guys Aren't Right This Time Like They Have Been in the Past - 09/23/08 04:37 AM
We are all hoping that the worst is past and we've reached the bottom.  Things can only get better, right?
I am an eternal optimist but I've been making the mistake of following two guys over the past year who have been calling for a lot more gloom and doom.  These guys have been on target with their predictions in the past so I have gained a lot of respect for them.  Unfortunately they are saying that we have quite some distance to go before things will turn around for the better. 
There are no painless solutions to our current financial … (3 comments)

peter schiff: Peter Schiff Was Exactly Right With His Prediction a Year Ago - 10/27/07 01:05 AM
I always get a chuckle watching news shows and listening to these panels of "experts" predict what's going to happen in various markets in the future.
It's interesting once in a while to look back to see who was right and who was wrong.
I stumbled upon this video from about a year ago where they had a panel of pundits predicting what was going to happen to the housing market in 2007.
Peter Schiff, son of tax protester Irwin Schiff, predicted exactly what we are seeing today.  It was like he was able to go into the future and then go back in … (19 comments)

 
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