Welcome Guest [Log In] [Register]


Reply
  • Pages:
  • 1
  • 6
  • 8
US Economy 2014 Collapse: Peter Schiff says Fed will cause Huge Economic Crisis!
Topic Started: 28 Sep 2013, 10:54 AM (8,114 Views)
peter fraser
Member Avatar


Catweasel
29 Sep 2013, 07:24 PM
Catwasel say reaction of mouse to gurus and a anti-gurus is a fascinating.

Power over the skull is a omnipotent.

Without a gurus and anti-guru,

mouse would be state of confuse,

and lost in sea without compass.

Therefore, mouse should choose the wisely,

and hope that a universe provide the luck.

And it need.

Because frame of reference stem from its faith and hatreds.

Much like evangelical disciple.
No hatred from me, I've just had experience with people selling fear to sell gold who later turn out to be charlatans.

You love them I know, but you're a sucker for that sort of thing. I'll have to give you some lessons in risk assessment one day.

Poor old Nick got taken for a ride. Buy high and sell low is Nicks gold investment motto.
Any expressed market opinion is my own and is not to be taken as financial advice
Profile "REPLY WITH QUOTE" Go to top
 
b_b
Default APF Avatar


peter fraser
29 Sep 2013, 07:31 PM
No hatred from me, I've just had experience with people selling fear to sell gold who later turn out to be charlatans.

You love them I know, but you're a sucker for that sort of thing. I'll have to give you some lessons in risk assessment one day.

Poor old Nick got taken for a ride. Buy high and sell low is Nicks gold investment motto.
Weasel has revealed much about himself in this thread. Just another gullible bear falling for all of the old chestnuts.
(S – I) + (T - G) + (M - X) = 0
Profile "REPLY WITH QUOTE" Go to top
 
doubleview
Member Avatar


peter fraser
29 Sep 2013, 07:16 PM
$70 million
Link



He writes books and sells gold and silver, apparently.

I wonder if it would be in his interests to spread fear about the USD to sell gold?

Nah I'm just being silly, Schiff would never do that.
70 mill net worth = more than anyone on this forum.

Also Schiff publicly called the sub prime shenanigans.

Those 2 facts alone = schiff is worth a listen.

And to address your last point Fuck your a paranoid cat aren't you!!

Posted Image
Profile "REPLY WITH QUOTE" Go to top
 
peter fraser
Member Avatar


doubleview
29 Sep 2013, 07:46 PM
70 mill net worth = more than anyone on this forum.

Also Schiff publicly called the sub prime shenanigans.

Those 2 facts alone = schiff is worth a listen.

And to address your last point Fuck your a paranoid cat aren't you!!

Posted Image
Yes I do give him kudos for picking the housing bust in the USA.

But since then he has been constantly wrong. Even CNBC's Larry Kudlow sees through him now.

You can watch this video of Scott Sumner and Larry Kudlow demolishing Schiff's theories about inflation.

http://www.youtube.com/watch?v=_b4_KuC1-sQ

He has become a joke, and the video at the beginning of this thread is just an attempt to push his now completely debunked ideas.

But if you want to follow him, then that's your choice. We are all adults and we make our choices as we see fit.

Any expressed market opinion is my own and is not to be taken as financial advice
Profile "REPLY WITH QUOTE" Go to top
 
doubleview
Member Avatar


peter fraser
29 Sep 2013, 08:06 PM
Yes I do give him kudos for picking the housing bust in the USA.

But since then he has been constantly wrong. Even CNBC's Larry Kudlow sees through him now.

You can watch this video of Scott Sumner and Larry Kudlow demolishing Schiff's theories about inflation.

http://www.youtube.com/watch?v=_b4_KuC1-sQ

He has become a joke, and the video at the beginning of this thread is just an attempt to push his now completely debunked ideas.

But if you want to follow him, then that's your choice. We are all adults and we make our choices as we see fit.
He has become a joke has he ?

Basically everything he says is stock standard out of most macro economic text books at uni today.

A little bit ironic don't you think!
Profile "REPLY WITH QUOTE" Go to top
 
peter fraser
Member Avatar


doubleview
29 Sep 2013, 08:20 PM
He has become a joke has he ?

Basically everything he says is stock standard out of most macro economic text books at uni today.

A little bit ironic don't you think!
Perhaps that is a judgement on the inadequacy of economic text books?

I confess I haven't read any for a long long time and what I did read is certainly out of date, but Schiff is really just a primitive Austrian, not an economist.

Here is a recent post of a Peter Schiff at Macrobusiness - my own post was deleted by the way, but carjig75 nailed it anyway.

Quote:
 
carjig75

August 24, 2013 at 10:22 am

Remarkably lazy analysis, to write the whole article and not mention that the coverage of the CPI and GDP deflator is totally different is very poor.

CPI covers goods and services purchased by households.

GDP deflator covers goods and services produced in the countries economy.

Quite different concepts, which is apparent when you think about the proportion of household consumption which come from imports, and the proportion of domestic production going to other sectors (government, business, exports).


Look he is yesterdays hero, but by all means carve graven images of him if you wish.

It's a free world. It seems that both the mice and the cat need heroes to worship.



Any expressed market opinion is my own and is not to be taken as financial advice
Profile "REPLY WITH QUOTE" Go to top
 
Catweasel
Member Avatar


Catweasel say defining the guru and anti-guru is tough for mouse.

Which is why a one appeal to love love emotions.

While another the one trigger the spooky.

Mouse not have a ability to evaluate future predict,

so it have to rely on "right/wrong" narrative,

which has roots in a anti-science think.

Which make a gurus/anti-guru essential for mouse.

Or it have the no perspective.

Or Joker to its Batman.
Profile "REPLY WITH QUOTE" Go to top
 
b_b
Default APF Avatar


doubleview
29 Sep 2013, 08:20 PM
He has become a joke has he ?

Basically everything he says is stock standard out of most macro economic text books at uni today.

A little bit ironic don't you think!
Schiff is an Austrian economist. There is very little (none I think) peer reviewed academic papers which supports the Austrian school. Is is more like a philosophy.

What part of the Austrian school is in economic text books?
(S – I) + (T - G) + (M - X) = 0
Profile "REPLY WITH QUOTE" Go to top
 
doubleview
Member Avatar


b_b
29 Sep 2013, 09:10 PM
Schiff is an Austrian economist. There is very little (none I think) peer reviewed academic papers which supports the Austrian school. Is is more like a philosophy.

What part of the Austrian school is in economic text books?
His hyperinflation rants and gold / commodities safe haven stuff is all through the latest text books!

Profile "REPLY WITH QUOTE" Go to top
 
b_b
Default APF Avatar


doubleview
29 Sep 2013, 09:15 PM
His hyperinflation rants and gold / commodities safe haven stuff is all through the latest text books!
Which one?
(S – I) + (T - G) + (M - X) = 0
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
ZetaBoards - Free Forum Hosting
Join the millions that use us for their forum communities. Create your own forum today.
Learn More · Sign-up Now
Go to Next Page
« Previous Topic · Australian Property Forum · Next Topic »
Reply
  • Pages:
  • 1
  • 6
  • 8



Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.

Forum Rules: The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.

Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.

Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.

This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.

For more information go to Limitations on Exclusive Rights: Fair Use

Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ

Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy