The Downfall of Peter Schiff
Started by alpine292
over 16 years ago
Posts: 2771
Member since: Jun 2008
Discussion about
I guess gloom and doom does not sell well anymore. Looks like the SE bears might need to become more positive or else their show will get cancelled. This year, though, Schiff's TV bookings are down 75% to 85%, says his younger brother Andrew, who handles p.r. for him. About the only things written about him lately have been negative--the result of financial blogger Michael (Mish) Shedlock's... [more]
I guess gloom and doom does not sell well anymore. Looks like the SE bears might need to become more positive or else their show will get cancelled. This year, though, Schiff's TV bookings are down 75% to 85%, says his younger brother Andrew, who handles p.r. for him. About the only things written about him lately have been negative--the result of financial blogger Michael (Mish) Shedlock's pointing out that Schiff's investment recommendations were money losers in 2008. How could a bear have managed to lose money last year? Schiff was blindsided when global investors piled into dollars and U.S. government bonds during last fall's panic. But with a few exceptions--Larry Kudlow brings Schiff onto his CNBC show occasionally, Liz Claman does the same on Fox Business Network, and I'm writing a column about him--he's no longer invited to mainstream discussions of the economy and economic policy. http://www.time.com/time/magazine/article/0,9171,1900233,00.html?imw=Y [less]
"I guess gloom and doom does not sell well anymore. "
You are plain and simple retarded. Roubini's bookings are up 1,000,000 percent.
And Roubini made headline news today for 'seeing light at the end of the tunnel'.
Say it ain't so Roubini!
look at the title of Roubini's own entry on his own blog.
http://www.rgemonitor.com/roubini-monitor/256890/still_more_yellow_weeds_than_green_shoots_as_the_global_economy_has_not_bottomed_out_yet
and have you responded to that Feldstein article i put up? or are you unaware of his credentials?
roubini hourdini.. acorn nut
Here is an actual Schiff portfolio, courtesy of Mish's blog. I strongly suggest everyone finish swallowing if you are drinkig anything unless you don't mind getting your keyboards all wet:
http://2.bp.blogspot.com/_nSTO-vZpSgc/SXuj9sc6cDI/AAAAAAAAFfk/lzLgjUQC7NQ/s1600-h/schiff-portfolio.png
alpine,,, congrats.
your audition for the next episode of 'Peter Schiff was right' has now been accepted. You will go down like the rest of the morons on the previous episodes.
FYI, Warren Buffet's portfolio was worse off than S&P, Peter Schiff's is better. so go figure you brainless waste of human being. F OFF
oh, so it's you again. Where have you been all this time? I remember you. Your the nut job who defends Schiff until your blue in the face
Mike Shedlock is brilliant.
I hate following the ups and downs of the market, but is anyone watching the treasury market? Does anyone know what a 30 year fixed is this week versus last week?
Interesting...For those who like Mish, he is bullish on Treasuries (see his post from May 15th). Basically, I sold my GDX yesterday because it had a huge move, but I added to my SLV position, and I still own GLD and would add to it on further dips. I don't own TBT, so I missed out on this huge move, but I would be reluctant to enter hear, especially if you agree with Mish.
"I hate following the ups and downs of the market, but is anyone watching the treasury market? Does anyone know what a 30 year fixed is this week versus last week?"
Bloomberg.com