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

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....
 
BuggedOut said:
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....
Click to expand...

i think its ok this video was made a week before the election.
 
"They need inflation and want it."

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

OC
 
clear said:
BuggedOut said:
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....
Click to expand...

i think its ok this video was made a week before the election.
Click to expand...

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?
 
TheeSilverBug said:
Peter Schiff breaks down his reasons for believing that the FED will not and cannot afford to raise interest rates.
Click to expand...
He is just repeating what he said last year.... and then they raised rates. :/
 
BuggedOut said:
clear said:
BuggedOut said:
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....
Click to expand...

i think its ok this video was made a week before the election.
Click to expand...

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?
Click to expand...


I think the prices that a quoted are Comex Live (Dec) futures contracts.
 
wrcmad said:
He is just repeating what he said last year.... and then they raised rates. :/
Click to expand...

if you call that raising rates :rolleyes: more like sideways...
 
wrcmad said:
TheeSilverBug said:
Peter Schiff breaks down his reasons for believing that the FED will not and cannot afford to raise interest rates.
Click to expand...
He is just repeating what he said last year.... and then they raised rates. :/
Click to expand...
Schiff is Schitt :lol:
 
wrcmad said:
wrcmad said:
TheeSilverBug said:
Peter Schiff breaks down his reasons for believing that the FED will not and cannot afford to raise interest rates.
Click to expand...
He is just repeating what he said last year.... and then they raised rates. :/
Click to expand...
Schiff is Schitt :lol:
Click to expand...

:D lol...
At least Jim Rickards and Mike Maloney is better than him:cool:
 
masmas said:
:D lol...
At least Jim Rickards and Mike Maloney is better than him:cool:
Click to expand...

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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