The Hang Seng Index has doubled in value in 2009 Peter Schiff

Peter Schiff bullish on Asia China and Emerging Markets

The Asian market the emerging markets continue to be strong Chinese shares are up more than 100% thus far in 2009 , the Hang Seng index is up 90% now from its lows on October 2008 , many people are warning now to stay away from the Asian market the Chinese stocks the emerging markets because they had such huge rises , that's true agree Peter Schiff they have gone up a lot I have never seen the markets move up this much in such a short period of time but you have to put the rise in prospective , you have to look at the decline that preceded it , the decline of 2008 was way out of line , the decline was an over reaction to the US crisis , the Hang Seng for example was better than 30 000 and it fell to 10 000 now it is back up at 20 000 so it is still 35% below its peak in 2008 despite the fact that it is practically doubled...many of these stocks are not as nearly as cheap as they were in 2008 and early 2009 but they are still not expensive based on dividend yields ..

No Exit for Ben By Peter Schiff

No Exit for Ben
Friday, July 24, 2009
Fed Chairman Ben Bernanke has reassured all that he can maintain near zero percent interest rates for an extended period without creating inflation. With these powers, one wonders if Ben would be better employed by the Justice League rather than the Federal Reserve.

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Gold Silver Palladium Platinum Rhodium and Peter Schiff

a tribute to Peter Schiff

no frankly folks jokes apart you should invest in precious metals Peter Schiff cannot repeat it enough , precious metals are as their name says precious , most of the time with finite quantities and no new mines discovered around the world , and we are 6 billions soon to be 10 billions humans competing to possess the finite quantities of these metals , Silver is even said to become extinct around 2020 , the same way what happened to Rhodium which went from $300 to $10 000 an ounce , and now with the car sales picking up again forced with different stimulus packages the Palladium prices a metal used in pollution control devices in automobiles are expected to explode in the very near future ...OK now back to politics , this Monday Peter Schiff did not broadcast any Vlog , so I will bring you this clip made by yet another fan in order to remind you that Peter Schiff needs your contributions for his senate race , you already know the website where you can make your donations I guess here it is again www.schiffforsenate.com Peter will also need volunteers , so take care everybody