Thats funny i seem to remember those other 2 clowns (guys)on the panel bagging Peter Schiff in another video..laughing about his predictions...whos laughing now boys?
If CNBC told me the sun rose in the East I'd still look out the window in the morning to check. These guys are buffoons. There's very few there who have a clue. Rick Santelli is one but the rest, junk.
Which is why I'm such a strong advocate of GOLD. Silver has always been the specualtive play and whilst I want a little in the kitty come what may, the end game is always about gold, gold, gold. I want gold.
So hobo-jo, do you believe that he ETFs, say SLV, actually have the silver in the vault. Or is most of that 55% just unbacked paper waiting for default? And as far as stage three, one guy stands up and says silver is good, and the remaining 4 people laugh at him.
Does that guy near the end say something about Asian guys taking out 50000 SLV's, and cashing them out for physical? I'm listening on my iPhone, so not sure? Is it really that easy? He's making it (buying paper) as a sure-fire way to get into physical. Is it that easy? Is COMEX delivering on it's promise? I thought they were being squeezed.
Don't listen to "that guy" he is a douchebag who use to argue with Peter Shiff and has no clue what he is saying. Kinda funny when people like that jump on the bandwagon after making a fool of themselves..cant take people like him too seriously.
More CNBC metal love - Kramer talks Gold vs S&P ratio. Buy-buy-buy! http://www.cnbc.com/id/15840232?video=1825208335&play=1
big LOL at the pie chart totalling 127%.... is that even possible?? the pie is always 100%. fuckin clowns
