26 Responses to “Wall St Unspun (Respin) – July/11th/2007”

  1. dershope says:

    Better late than never!! Now you know! :)

  2. snowmav13 says:

    me 2

  3. harveybirdmannequin says:

    Anyone seen gold today?
    Anyone read that Hong Kong repatriated its gold from London? The official line is that HK wants to be a hub for gold trading but we all know its because they don't want their gold confiscated like FDR did and being held hostage.

    I don't understand is why oil has not spiked. At these prices it sounds like a way better inflation hedge than gold. I don't believe that oil is only economic activity driven. Who is honestly going to stop using oil? No one. Far too dependent.

  4. cyberjosh7 says:

    me 2

  5. mechanicalengineer3 says:

    Wish I heard Schiff back in 2006, too bad I just only recently heard about him!

  6. ricochetVendetta says:

    this thursday morning

  7. insightpx says:

    Think he said he'd do it on MSNBC when he's on that channel whenever that is supposed to be.

  8. marniespeaks says:

    the government is owned by the big banks

    this is a financial coup

  9. grraadd says:

    Right - as there is less government there is less corruption. The problem is that we need government to talk with other nations, to write good law, to provide law enforcement and... that's probably it :-)

  10. acchichi1 says:

    The big takeaway from the first few minutes (the part about free market-types being bullish back in 2007 while big government left concurring with Peter) is that too many people's outlook on the economy is obscured by their hopes and expectations for the party in charge rather than economic fundamentals. How many big govt liberals would agree with Peter now? I can't think of a single one.

  11. malibuhur12 says:

    you have to be a Youtube Partner. Then you can upload as much time as you want.

  12. He101A says:

    Peter Schiff is a smart guy, I followed his advice in 2006 about not buying a house, and to buy precious metals. I am ahead of just about everyone I know.

  13. func0il says:

    All governments are corrupt ! 1/2 of my income goes to the government where i live.(Inc VAT/Income Tax/Pension fund -that we all know is Ponzi scheme )
    What do I get in exchange ? Close to nothing !!!

  14. 89integra123456 says:

    Thursday

  15. func0il says:

    The currency goes down because the easy credit.

  16. BlueTunisia says:

    Wasn't he going to make the decision today to run?

  17. StreetandCircuit says:

    Schiff - "I wouldn't want to own residential real estate anywhere they speak English"

  18. RAMKING61 says:

    When people are buying stocks, the currency will understandably go down because people are exchanging currency for stocks. The nervous/scary timeframe occurs when BOTH the stock market AND the currency go down at the SAME time.
    (The DXY and FXE are always opposite)

  19. davincij15 says:

    50 Billion dollar problem? Looks like they missed it by a smidgen, what's the bailouts and pledge totals to date? 12 Trillion? lol

  20. torden says:

    youtube partners can upload more than 10 minutes.

  21. sansez says:

    European people are slaves to themselves
    American people talk about freedom while they themselves are slaves of corruption( US Gov. & Corporate alliance)

  22. stoneeh says:

    how does it work that one can upload only 10 minutes and others can upload more than 10 minutes?

  23. grraadd says:

    europeans aren't dumber - they are just slaves... That's the slave's mantality: most of the people is reliant on government's help. With Obama's plans in America more and more people will become slaves too. They've managed to enslave most of black people already.

  24. cashmny78 says:

    "At least we'd have an honest man in the white house which would be... I don't even know if they would let him in."

    HAHA nice one

  25. eugeneedwards says:

    europeans are dumb? are americans intelligent?

  26. FX day trading is fun but can be rewarding!