I always enjoy listening to Peter Schiff and his views on the economy. One of these guys seems to get upset, but gets shut down easy. Schiff tries to explain what he sees in the economy and what his forecast is, but all these financial guys don’t want to hear any doom and gloom. They are the same guys who didn’t see the market getting ready to collapse in 2007. Now that we have had a good stock rebound in 2009, they definitely don’t want to hear Schiff’s opinion.
1/4/2010 Peter Schiff On Fast Money: Dollar Collapse By 70% In 2010?
I think they really need to listen more instead of interrupting him all the time saying he is wrong. If he wasn’t right about his real estate bubble/ housing collapse call, I think they would all be talking over him in this video. That is the what they use to do to him 3 years ago.
If he is correct on the dollar falling in value, then I do wonder how high gold and silver will go up.
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Cognitive Dissonance Theory, eplains all the people that don’t believe what’s going on. Look it up!
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