Dollar and bonds continue to slide, marxism comes to U.S., Government Motors, and O down FHA loans.
The Schiff Report Video Blog June 1, 2009 … Peter Schiff economy economic collapse crash gold silver oil bubble doom depression recession rogers faber euro dollar
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wheres the link peter schiff mentioned
run for senate, Peter!
If you don’t prepare now for hyperinflation you will go broke. Signup for the free National Inflation Association newsletter at: Inflation . us
Nothing wrong with them intrinsically. Contradictory to common sense as investments for the time being. At least, if you depend on the US or live and believe in the USA. Right now, we need to invest in all the things we have been avoiding for the last 80 years, and it sure isn’t infrastructure.
My strategy is simple, and it seems right to me. Manufacture physical product here, take delivery, pay the tax and export.
It works.
All that consolidation is working against us right now. Pumping money into the very mechanisms that got us in trouble in the first place, will only support further monopolization, and that’s the opposite of what we need, if we are going to build a new manufacturing base in the USA.
Maybe we won’t be able to do that, but I’m giving it a try anyway. Call me crazy, I’m from Berkeley.
Makes sense to me. Plus, with a dropping dollar, your goods will be cheaper for the importing countries.
you can’t have ‘capitalism’ when there is a monopoly on the monetary system. the free market means that people are free to issue their own $.
Not only that, but internationally, in most countries the public is starved for US products of all kinds. That’s because to even do business, you have to factor in the tariffs and other fees those countries charge to bring product in. So, US product has been scarce and expensive. Like imports of all kinds used to be here, 50 years ago. That market is just sitting there, and it’s bigger even than the US market.
We should all grab a chunk, just so we can say we did. It’s a good living.
Inflation . us is a scam
The only thing worthless is any analysis by Peter Schiff. Listen to him and you are sure to lose 70% of your investments. He does that well.
So would I be right in assuming that you are shorting everything he recommends buying? You’re sure to make a huge gain.
Yes, note the word “pseudo”. CNBC just had a profile on the new models GM is planning to build. Personally I would never purchase one, I own and have owned a Chevy SUV for many years. I cannot see GM’s consumer base trading in their SUV’s for smart cars.
Safety of these little tin cans is another issue…
Well if gas prices go up like they did before I definately can see GM’s consumer base trading their SUV’s for smart cars. Why do you think Hyundai and Toyota is excelling in sales? It’s not for their trucks and SUV’s. More and more consumers are trading their SUV’s and trucks for more fuel efficient cars. I agree there will be a portion of people who would not give up their SUV regardless of the circumstances but I think that will be a small part as time goes on.
My two cents.
If you know any chinese people, they save thier entire lives, and they cant stand getting ripped off for anything.
the chinese people dont like to be ripped off — once gold went over $1000, gold jewelry sales went down & the people started bringing in their jewelry for cash
CRAZY man … that was too funny you guys are gonna keep me luaghing all day …. haha very creative [=
the federal government is insolvent. the chinese have told us to “not dishonor” their money by continued huge deficit spending. and the fed prints more. the prostiticians only answer is to tax the people. our “government” is a junkie.
north korea is dependent on china for everything. i think that n koreas’ recent provocative militaristic actions is chinas’ response to the U.S. continuing to not”respect their money”
giving money to the junkie (government) for anything is not the answer. the junkie uses it for it’s fix-bigger government. they have drained social security,American Indian trust funds and everything else to fund wars and expand it’s own powers. the only thing “growing” is the junkie. the executive branch has increased it’s budget and employment by 15%. why are all of the cabinet and many in congress tax cheats? because they know it is illegal. they expect “us chumps” to pay for it all.
GOOD TIME TO BUY JUNK BONDS
Peter, We Love Ya …But did you say Asia or Asi-er ? LOL
..and we will because too few of us have the backbone to stand up to it.
What is an American? What do Americans stand for? What are Americans laws and rules? Are Americans actually free? Free from what and who? Someone help me please because I was borne American.
~ Author unknown
FHA? Breaking News! Barney Franks Lover, his boyfriend that is, is one of the Heads of Fannie/Freddie.
If that had been a heterosexual relationship, the MEDIA would have been all over it. imo
Hey, if you want more views and subscribers go to viewsandsubs (dot) com
okay? thats just scary! :Lbr/made me lol though (:
Hey, if you want more views and subscribers go to viewsandsubs (dot) com
holy craaap this is made? of epic win!