Peter Schiff - Here's Why The Fed Won't Raise Rates This Year

Discussion in 'Markets & Economies' started by TheeSilverBug, Nov 3, 2016.

  1. TheeSilverBug

    TheeSilverBug New Member

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  2. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    I don't mind a bit of Schiff, I find him very amusing.

    But I am a bit suspicious of your posts and the blogs you are linking. For anyone watching, just be wary of the dates on these posts compared to the dates the videos were made. They are not the same....
     
  3. clear

    clear Well-Known Member

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    i think its ok this video was made a week before the election.
     
  4. Old Codger

    Old Codger Active Member Silver Stacker

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    "They need inflation and want it."

    What they need and want is not 2% inflation, they want and need 102% inflation - AT LEAST!

    OC
     
  5. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Have a closer look. The clue is in the gold price. They are talking about a $40 drop. When did that happen?

    If it is a legitimate blog then why the delay?
     
  6. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    He is just repeating what he said last year.... and then they raised rates. :/
     
  7. clear

    clear Well-Known Member

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    I think the prices that a quoted are Comex Live (Dec) futures contracts.
     
  8. leo25

    leo25 Well-Known Member Silver Stacker

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    if you call that raising rates :rolleyes: more like sideways...
     
  9. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Schiff is Schitt :lol:
     
  10. masmas

    masmas New Member

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    :D lol...
    At least Jim Rickards and Mike Maloney is better than him:cool:
     
  11. betterlatethannever

    betterlatethannever New Member

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    I think that I seen him on - Live At The Apollo :lol:

    Ex-pert - a drip under pressure :/

    Merry Christmas :)
     
  12. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    The likes of Jim Rickards and Mike Maloney don't have on-going business concerns beyond publishing and selling subscriptions to newsletters; generating low-effort cashflow requiring a minimum of capital by electronically disseminating their product at near-zero cost. (Jim Rickards is particularly fond of bringing up his past in the US intelligence apparatus to boost his credibility; if one was to rigorously audit his past and compare it against his claims, I suspect he'd publicly humiliated.)

    On the other hand, Peter Schiff may not have the best 'track record' when it comes to economic predictions, but at least Euro Pacific Capital are viable brokerage business. Not to mention ventures like SchiffGold and Euro Pacific Bank.

    I have to admit I am sympathetic for Mr. Schiff as his father, Irwin Schiff, died in prison for his long-time resistance against the IRS and the federal income tax.
     

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