Peter Schiff's Radio Show - Wall St. Unspun. 8:00pm EST

[eric_cartman]

http://amerilisten.com/special/europac/wallstreetunspun_live_cn.m3u

 

[No1ButPaul08]

I'm tuned in. I love the intro to his show

 

[JonR]

I have a feeling this is going be a good one. I hope they get it on itunes faster than last week.

 

[WillieKamm]

I'm not going to listen but do wonder if he will revisit the following.

"Schiff is the author of two books Crash Proof and The Little Book of Bull Moves in Bear Markets.

On October 28th 2008, Schiff stated in an interview on Bloomberg TV that the investment strategies outlined on both books currently "are NOT working" due to the collapse of foreign currencies, foreign stocks and the failure of gold prices to go up significantly as most of the world entered an economic recession and foreign investors flee to cash. Schiff, however, remained optimistic on his theories and stated this was a good opportunity to buy foreign stocks trading at yearly lows."

 

[Chase]

I saw that interview, and that is not a direct quote nor does it accurately convey what Peter said. Peter pointed out that the strategy isn't working right now because of massive deleveraging. This is a short term phenomenon, and it won't last. The current strength of the US dollar absolutely does not reflect its fundamentals. He does address this on virtually every show I've heard over the last several.

 

[weatherbill]

great show. He tells it like it is!

We are in for a financial hollocaust

 

[ItsTime]

darn it missed this one

 

[FreeMama]

It goes to my itunes but doesn't play anything can we get another link like last week??

 

[ChickenHawk]

I'm not going to listen but do wonder if he will revisit the following.

"Schiff is the author of two books Crash Proof and The Little Book of Bull Moves in Bear Markets.

On October 28th 2008, Schiff stated in an interview on Bloomberg TV that the investment strategies outlined on both books currently "are NOT working" due to the collapse of foreign currencies, foreign stocks and the failure of gold prices to go up significantly as most of the world entered an economic recession and foreign investors flee to cash. Schiff, however, remained optimistic on his theories and stated this was a good opportunity to buy foreign stocks trading at yearly lows."

He talks about that on just about every show. Someone always seems to call in that has an account with him and is PO'ed that their stocks are way down. He is very confident that his predictions will come true in the long run and always handles the callers pretty well. Considering his track record with predicitions I wouldn't bet against him.

 

[ArrestPoliticians]

I'm not going to listen but do wonder if he will revisit the following.

"Schiff is the author of two books Crash Proof and The Little Book of Bull Moves in Bear Markets.

On October 28th 2008, Schiff stated in an interview on Bloomberg TV that the investment strategies outlined on both books currently "are NOT working" due to the collapse of foreign currencies, foreign stocks and the failure of gold prices to go up significantly as most of the world entered an economic recession and foreign investors flee to cash. Schiff, however, remained optimistic on his theories and stated this was a good opportunity to buy foreign stocks trading at yearly lows."

someone calls him out on it every week lol.

 

[muh_roads]

Unlike many Paul supporters, he doesn't believe our elected officials are inherently evil, just incredibly stupid.

That was interesting to hear. I myself struggle between wondering whether they are evil or stupid. Schiff is most likely not a 9-11 truther.

 

[ArrestPoliticians]

Unlike many Paul supporters, he doesn't believe our elected officials are inherently evil, just incredibly stupid.

That was interesting to hear. I myself struggle between wondering whether they are evil or stupid. Schiff is most likely not a 9-11 truther.

I also struggle with this at the economic level. At the political level, I'm pretty sure its just plain evil. There is a lot more ignorance in the economic establishment than in the political establishment.

 

[eric_cartman]

Unlike many Paul supporters, he doesn't believe our elected officials are inherently evil, just incredibly stupid.

That was interesting to hear. I myself struggle between wondering whether they are evil or stupid. Schiff is most likely not a 9-11 truther.

i believe that most of them are just stupid and greedy for the most part. i'm sure some of them mean well, but they are just as brainwashed as the public. i'm sure your average senator or congressmen has good intentions. however, the people at the top who actually run things are evil and are not stupid... they really understand what is happening and are doing these things intentionally and then everyone blames it on stupidity.

the people at the very top are evil, everyone else below them is just stupid.

 

[Mitt Romneys sideburns]

Unlike many Paul supporters, he doesn't believe our elected officials are inherently evil, just incredibly stupid.

That was interesting to hear. I myself struggle between wondering whether they are evil or stupid. Schiff is most likely not a 9-11 truther.

I think stupidity plays a huge role. Ben Bernanke actually believes all the stuff he is talking about. And you know these guys are clueless when they parade around Steve Forbes as if hes some type of economic wizard. His claim to fame is that his name happens to be on the cover of a magazine his grandfather started a hundred years ago.

But there is also a lot of greed going around.

 

[theoakman]

He talks about that on just about every show. Someone always seems to call in that has an account with him and is PO'ed that their stocks are way down. He is very confident that his predictions will come true in the long run and always handles the callers pretty well. Considering his track record with predicitions I wouldn't bet against him.

I do believe they are great buying opportunities. One of the base metal stocks that he's been buying for clients that they've been upset about the past couple of months went up close to 300% in a week simply because it got way oversold. When the world economy recovers, the stock will likely go back up 1000% to where it was.

 

[pa33]

I do believe they are great buying opportunities. One of the base metal stocks that he's been buying for clients that they've been upset about the past couple of months went up close to 300% in a week simply because it got way oversold. When the world economy recovers, the stock will likely go back up 1000% to where it was.

which stock is that?

 

[decatren]

Unlike many Paul supporters, he doesn't believe our elected officials are inherently evil, just incredibly stupid.

That was interesting to hear. I myself struggle between wondering whether they are evil or stupid. Schiff is most likely not a 9-11 truther.

I was also debating myself on that subject but could not come up with anything that would make sense. Schiff talks about booming economies in the sovereign countries after dollar collapse. However isn't the purpose of NWO to eliminate sovereign countries?

 

[decatren]

Unlike many Paul supporters, he doesn't believe our elected officials are inherently evil, just incredibly stupid.

That was interesting to hear. I myself struggle between wondering whether they are evil or stupid. Schiff is most likely not a 9-11 truther.

I was also debating myself on that subject but could not come up with anything that would make sense. Schiff talks about booming economies in the sovereign countries after dollar collapse. However isn't the purpose of NWO to eliminate sovereign countries?

 

[Mitt Romneys sideburns]

Ha, one of the callers said he thought the US government would use its nuclear arsenal to hold the world hostage in order to prop up the US economy. Peter was like, "I dont think they would ever do that. . . but maybe Im giving them too much credit"

 

[theoakman]

I was also debating myself on that subject but could not come up with anything that would make sense. Schiff talks about booming economies in the sovereign countries after dollar collapse. However isn't the purpose of NWO to eliminate sovereign countries?

wtf is it with people and this NWO stuff? The only NWO that there ever was had Hulk Hogan as their leader. There are way too many people who are massive conspiracy theorist on these boards. Newsflash, the government does nothing well. They can't even control Afgahnistan and you want them to control the world?

There is an aristocracy in this country that has the power. They are the children of inherited wealth from the most prosperous time in in American History. If you think that aristocracy can control the American people indefinitely, you are flat out wrong. The children of the wealthy lack the intelligence and work ethic needed to make it work. They are content to go to Harvard, Stanford, Yale and Princeton as legacies on their parents tab and learn not a damn thing. Then they get a high profile job given to them for having their last name. Never mind the fact that they couldn't run a McDonalds, let alone a Corporation (as we are coming to find out), let alone the country (as we are also coming to find out). They'll squander every last bit of wealth or try to steal more from the general public with their lobbying. At some point, the general public has enough and votes them out. On the flipside, they could decide it's more economical to pick up a gun rather than go to work. Either they'll go bankrupt or we'll drag them out on the street French Revolution style. There is no secret organization planning world domination.

Basically it goes like this:

Steve Forbes < Malcom Forbes
James Dolan < Charles Dolan (Cablevision)
George W. Bush < George H. Bush
Hank Steinbrenner < George Steinbrenner
Ted Kennedy < Joe Kennedy
John McCain < John McCain Sr. < Grandpa John Mcain

I'm sure plenty of other people can list a bunch of screw ups in high positions that their parents created. These guys handed life on a silver platter to their kids and in return their kids destroy it with the incompetence. That's what's happening now. They'll bankrupt the country and we'll start fresh. We'll form a meritocracy, turn it into an aristocracy again over time, and let the cycle continue until the end of the world.