Peter Schiff 2013 Market Predictions
CNBC 12/31/2012
http://www.youtube.com/watch?v=zw0IQw_8Yfs
http://youtu.be/zw0IQw_8Yfs
Peter Schiff 2013 Market Predictions
CNBC 12/31/2012
http://www.youtube.com/watch?v=zw0IQw_8Yfs
http://youtu.be/zw0IQw_8Yfs
Without watching it yet, let me guess. Dollar collapse. Gold soars. Inflation takes off.
OK- watched it. He did say dollar will sink and was cut off just as he was trying to mention gold. I really didn't see much of a prediction from him in the piece beyond a lower dollar. Interesting that he sees Mexico as a good place to invest- their economy is pretty tight with the US- if the US has a big crunch, Mexico will too.
I didn't catch the Mexico part, was a little distracted recording his other interview from today.Quote:
Originally Posted by Zippyjuan
I did catch him say that he used to call the Canadian Dollar the Canadian 'Peso' but now he holds Canadian dollars and that Canada has much stronger fundamentals than the US.
Why does Liesman believe the only reason to invest in a country is because they are growing exporters?
Liesman is an idiot who laughed at Peter Schiff when he predicted the housing bubble and the coming financial crisis, and now claims he "reported" on it before it struck. I didn't know reporting meant mocking the guy who correctly is warning about it. I don't understand how cnbc keeps that moron on their payroll.Quote:
Originally Posted by cubical