PETER SCHIFF

PETER SCHIFF

Friday, July 17, 2009

Peter Schiff on His father Irwin, a Tax Political Prisoner

Peter Schiff speaks about his father Irwin Schiff an Income Tax Protestor and Political Prisoner
Irwin Schiff believes that the Income Tax is unconstitutional and should not be paid , he is serving a 13 years jail term because of this Income Tax protest against the IRS ....Peter Schiff is well known for making correct predictions about the failing economy which credits with his knowledge in Austrian economics. During this interview he spoke at length about his dadd Irwin Schiff who led a tax resistance movement before he was put in jail by the federal government. Pete Schiff is currently considering running for the Senate in Connecticut against Chris Dodd.


Peter Schiff this Bear Market is not even half way over

Larry Kudlow CNBC Is Recovery the Real Deal?

Peter Schiff :the DOW has been falling it has lost 75% of its value in terms of gold

Debating whether we're heading into an economic recovery, with Peter Schiff, Euro Pacific Capital; Peter Morici, University Of Maryland; and CNBC's Larry Kudlow.
the stock market is rallying is this a sign of recovery ? Peter Schiff says "the stock market goes up and down I wouldn't try to draw the influences on the health of the overall economy based on one week or 7% move on the stock market , the stock market have been wrong in the past and is wrong now ""the problem is there are some real structural imbalances with the US economy and this recovery is gonna never get under way until the government gets out of the way and let's the market solve these problems right now we are preventing that from happening , look at the stock market we have been in the bear market for nine years the DOW has been falling it has lost 75% of its value in terms of gold as far as I am concerned this bear market is not even half wayover""The FED should increase the interest rate , they are too low , the housing prices should come down assets prices too , we should let the failing companies go banckrupt "


Peter Schiff Race for Senate 17 July 2009

Peter Schiff Vlog 17 July 2009
Peter Schiff thanks all who has contributed to his campaign so far which are around 1500 people but these are still a small number compared to Peter Schiff's real fans number around the world , every contribution counts , if you want to see Peter Schiff in the Senate you have to contribute to his campaign , The markets : the market is rallying Peter schiff explains the head and Shoulders theory , The dollar continues to be weak , Peter Schiff believes the dollar is going down pretty big whether the market rally or fall , Commodities rose over the last week , but this is not a sign of the recovery this stock market rally is fake ...the rally economy says that retailers are being bankrupts Americans on credit cannot shop unemployment shooting to the roof and more to come ..., hopefully the government won't bailout CITI ...Intel came out with earning and Hunday their sales are down in the States and up in China , this means the Chinese are consuming more this is just the beginning imagine when the Chinese abandon the dollar and use their currency , our economy is drowning the Americans stopped consuming




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