Peter Schiff on CNBC The Doomsday Trade
Peter Schiff was tonight on CNBC , talking about what the anchor called doomsday trade , Peter says he is not doomsayer he simply sees the reality , Peter Schiff says he is bearish on America because of how things are done here , but he is bullish on a lot of other things like foreign economies , commodities , precious metals and China where his firm have invested heavily in the last past years ...Peter Schiff says " I am not a permabear permanently , I understand reality , It is not doom it is reality I am talking about " ...and the reality is we are still in a lot of trouble , Peter believes that the stimulus will worsen the economy instead of fixing it...recession will be prolonged and will deepen ...Peter Schiff predicts an official unemployment rate of at better 15% by the end of Obama's term if we do not take the medicine
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Monday, July 13, 2009
Shedlock vs. Schiff
I have stumbled upon this excellent article while spidering the internet by Giordano Bruno of
Neithercorp Press
so I thought to share it with you , it is about the" conflict of interests" between Michael Shedlock and Peter Schiff . I have found this article to be profound with a lot of deep insights and an excellent analysis , Giordano gives his views on why MSM is marginalizing Peter Schiff lately , why Michael Shedlock who runs Sitka Pacific Capital Management, an investment firm which is in direct competition with Peter Schiff’s Euro Pacific Capital attacked Peter Schiff on his blog early this year ...to read this excellent long analysis click here
Neithercorp Press
so I thought to share it with you , it is about the" conflict of interests" between Michael Shedlock and Peter Schiff . I have found this article to be profound with a lot of deep insights and an excellent analysis , Giordano gives his views on why MSM is marginalizing Peter Schiff lately , why Michael Shedlock who runs Sitka Pacific Capital Management, an investment firm which is in direct competition with Peter Schiff’s Euro Pacific Capital attacked Peter Schiff on his blog early this year ...to read this excellent long analysis click here
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