PETER SCHIFF

PETER SCHIFF
Showing posts with label CNBC. Show all posts
Showing posts with label CNBC. Show all posts

Thursday, September 3, 2009

Rick Santelli Refuses To Give Gold Rally Any Legitimacy

Is Inflation in the air ?


Airing Date September.03, 2009 :
Today marks the highest settle for gold since February 20th Gold up for the third consecutive session Oil up 37% from 52 weeks ago Gold closes at $995 , Santelli "World is going Gold crazy , Bond yields going down Dollar is steady"
FED PUMPS, BUT DOESN'T DUMP

Tags: Rick Santelli Gold CNBC msnbc peter schiff ron paul ted anderson liberty dollar wall street dollar federal reserve bush obama bernanke geithner greenspan criminals bansters max keiser

Tuesday, September 1, 2009

The worst of the economic crisis is ahead of us not behind us Peter Schiff

Peter schiff on CNBC Fast Money Sept 1st 2009 The Asians will stop subsidizing the American economy

"I wouldn’t want any part of the US stock market," Peter Schiff tells Fast Money “I like the Asian economies,” he says. “You can find technology stocks trading in Asia at much lower multiples. I just think you get better buys abroad. You get more bang for your buck there than here.”

Friday, August 28, 2009

Government owned AIG realizes a 277% gain in the last month

Peter Schiff on CNBC 28 Aug 2009 about government owned companies rising from the death


5 firms that owe their survival to government intervention are literally booming Fannie and Freddie respectively +259% and +286% in the last month , Citigroup +75% and Bank of America up + 35% , the 80% government owned AIG is soaring to with +277% in the last 30 days ...are the zombs rising from the death or is it just government manipulating the market so that to show that the stimulus is working , Peter schiff is here today to discuss this issue with James Altucher, Stockpickr.com; and CNBC's Mary Thompson.

Thursday, August 20, 2009

The executives are going to be back in Washington looking for more bailout money

Peter Schiff on the Kudlow Report CNBC Aug. 20 2009

"I am sure the AIG CEO will end up with a lot of money as anybody else who is going to get bonuses ,there is a lot of traders in the financials but investors need to stay away , all that's really happened apart from the accounting rule change that benefited them ...is that they got a lot of free money from Washington , they took it to the Wall Street Casino they played some bets , the bets are going their way right now , they are lavishing the winnings on themselves with bonuses and raises , there is nothing for the share holders in the way of dividents , as soon as these bets turn soure the share prices are going to plunge again for new lows and the executives are going to be back in Washington looking for more bailout money " Peter Schiff

Tuesday, August 18, 2009

Peter Schiff The economy is in worse shape than 6 months ago 17 Aug 2009

Peter Schiff on Market correction at CNBC 's Fast Money Aug. 17 2009


“we’ve been in a bear market since 2000. It’s the rallies that are the correction. The primary direction is lower.” says Pete Schiff
all the debt the US has issued to save the banking system has put the market in a worse position that it was 6 months ago. “The market is over extended and there’s no reason for stocks to be rising,” Peter Schiff added

Wednesday, August 12, 2009

Peter Schiff on the Fast Money CNBC Aug 12 2009

Peter Schiff on the Fast Money Bull Market or BS?

"I am not shorting anything , I am out of the dollar , we are in trouble economically , and the reason we got into trouble is because of all the mistakes that Greespan made and all the mistakes that Bush and the Congress made , everything we have done under Bernanke and Obama is worse , we are making even worse mistakes now than we made in the past , so the consequences are gonna be more disastrouse for our economy and for our market "











Friday, July 31, 2009

Peter Schiff on The Kudlow Report 31 July CNBC

Peter Schiff was on the Kudlow Report although Kudlow was not there this time as usual but was replaced by Michelle Caruso-Cabrera , the first segment was about the summer rally , is it a new bull market ? Peter Schiff explained that the recession did not end it is not a bull market it is the same bear market , we have more debt now the dollar is in a free fall , foreign markets especially Asians are soaring nothing to compare with the American market , you cannot run an economy based on spending other people money , we got it backward Pter Schiff explained the rest of the pannel are Jerry Bowyer, syndicated columnist; Don Luskin, Trend Macro; Steve Grasso, Stuart Frankel; Peter Morici, University of Maryland; Peter Schiff, Euro Pacific Capital; and CNBC's Michelle Caruso-Cabrera.
The second segment under the title "Bullish on Banks? find the bank you hate and buy it " with Richard Bove, Rochdale Securities; Jerry Bowyer, syndicated columnist; Don Luskin, Trend Macro; Steve Grasso, Stuart Frankel; Peter Morici, University of Maryland; Peter Schiff, Euro Pacific Capital; and CNBC's Michelle Caruso-Cabrera. Peter Schiff said "Financials are a great place to work but a lousy place to invest right now they are making money borrowing cheap from the FED and making risky bets and they are bonusing out all the profits , but when the bets go bad the shareholders are gonna be stock hold in the bag and the tax payers are going to get hit with new rounds of bailouts money " the financials that are making money are the ones that are doing all the proprietary trading it's the Goldmans the Morgans this is how we got in the mess
The third segment was about technology rally or How to jump on the tech rally, with Jon Fortt, Fortune; Bill Smead, Smead Capital Management; Dan Fitzpatrick, StocksMarketMentor.com; Steve Grasso, Stuart Frankel; Peter Morici, University of Maryland; Peter Schiff, Euro Pacific Capital; and CNBC's Michelle Caruso-Cabrera. Microsoft new Windows 7 the deal with yahoo facebook versus myspace , the new google operating system , Peter Schiff says that he owns tech stocks but in Honk Kong and they are +500% , he says buy technology better outside but still even American tech stocks are still better than staying in cash...
The fourth segment was about the soaring crude oil prices driving by the decline in the value of the dollar as Peter Schiff explains or driven by picking demand of a coming recovery or simply driven by speculation Peter Schiff predicted over $100 before the end of the year the panel Discussing whether oil will stall the market, with Kevin Kerr, Kerr Trading International; Bill Smead, Smead Capital Management; Dan Fitzpatrick, StocksMarketMentor.com; Steve Grasso, Stuart Frankel; Peter Morici, University of Maryland; Peter Schiff, Euro Pacific Capital; and CNBC's Michelle Caruso-Cabrera.

The Oil above $100 by the end of the year Peter Schiff

Peter Schiff on the Kudlow Report : Oil at $100 the Dollar will continue its free Fall

Peter Schiff was this evening on the Kudlow Report debating whether oil will stall the market, with Kevin Kerr, Kerr Trading International; Bill Smead, Smead Capital Management; Dan Fitzpatrick, StocksMarketMentor.com; Steve Grasso, Stuart Frankel; Peter Morici, University of Maryland; Peter Schiff, Euro Pacific Capital; and CNBC's Michelle Caruso-Cabrera.commodities crude oil and gas are going to continue their rally as the dollar is losing value , China will keep on rallying , Peter Schiff says he owns a lot of oil stocks , he believes that the oil will continue to go up as the dollar goes down , Peter Schiff predicts things going way worse for the dollar in the fall and he sees a crude oil barrel above $100 by the end of the year











Friday, July 17, 2009

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 "


Monday, July 13, 2009

Peter Schiff Bullish on precious metals Commodities and China

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

Tuesday, June 30, 2009

Peter Schiff on Cap & Trade Bill CNBC 26 June 2009

Obama's Cap and Trade bill on global Warming ...Peter Schiff says that the only jobs that this bill is going to create are unproductive jobs bureacrats jobs that the rest of us will hav to support with taxes ..., This bill is ridiculouse even if the economy was in good shape , with the economy as bas as it is now this bill will destroy it with more taxes ...The emotional pulse of the public is a key component of any rebound, with Steve Malzberg, "The Steve Malzberg Show" host; Sean O'Hara, Revenue Shares Investor Services; Jeremiah McWilliams, St. Louis Post-Dispatch; Peter Schiff, Euro Pacific Capital; and CNBC's Dennis Kneale.











Friday, June 26, 2009

we are suffering from an overdose of government stimulus Peter Schiff

The Recession is not Over , we're having an Artificial boost says Peter Schiff :
Dennis Kneal of CNBC tries his best to demonstrate that the recession is Over with the help of charts and quoting University of Michigan survey consumer confidence Google's CEO who said today that the worst is over GP Morgan Chase chief economist a Deutsch Bank economist even Walmart sales...etc..but Peter Schiff soon brings Dennis to the real world out of his excessive optimism , Peter said ironically " there is too much talks about green shoots in CNBC that it's like I am watching a gardening channel " The reality is if those green shoots exists , we have trillions of dollars of stimulus just like the stimulus of Bush and Greenspan you got an artificial boost , it's gonna fade and this time it is gonna fade a lot faster and the hangover is going to be worse , the real problem is that we are suffering from an overdose of government stimulus right now , and the more they artificially hype up the economy with cheap money and credit the worse the recession is going to get " and Peter added that he is making more money abroad than the US stock market , we are exacerbating the problems of our economy , our economy suffered because we borrowed and spent too much money , and what we are doing is borrowing and spending even more , what we need is to rebuild our savings and produce more , we have to allow inefficient companies to go bankrupt ..we have to stop trying to subsidize the very behavior that led to this predicament..." most of the panel tended to agree with Peter Schiff later on....











Thursday, June 25, 2009

David Faber presenting his new book on CNBC "And Then the Roof Caved In"

David Faber was given the chance the present his new book "And Then the Roof Caved In " by Kudlow on CNBC , I have thought useful to bring you this video because Peter Schiff have mentioned this twice lately in his latest Vlog of yesterday and on his podcast , There is no doubt that Wall Street Unspun , Peter is right when he says that although he foresaw the crisis coming before anybody else and wrote about it in details in his book "Crash proof" and in his articles during all these years , yet main stream media chooses to "ignore him " and give publicity and credit to others who wrote about the crisis after it already happened ..this of course does not deny any merit to David Faber whose book is now a best seller on Amazon as stated by Peter Schiff himself











Wednesday, May 6, 2009

Will The Dow Hit 10 000 By The End of The Summer ?!?!

CNBC 30 Apr Bull and Bear Fight ....

Monday, May 4, 2009

Peter Schiff on CNBC is this a Recovery ?

Mon. May 4 2009 |

The stock markets are rising worldwide ..is it already a recovery would you invest your money in the housing market now ? or is it that more oppportunities overseas will drive more foreign capital out of the US , with the FED printing more and more money out of thin air....
A market strategy session, with Robert Doll, BlackRock; Peter Schiff, Euro Pacific Capital; Ned Riley, Riley Asset Management; and CNBC's Larry Kudlow.


Sunday, April 19, 2009

America Turning the Corner?,

Fri. Apr. 17 2009 | 4:14 PM ET

Part 1 of 3 :

Part 2 of 3 :

Part 3 of 3 :

Monday, April 6, 2009

Checking Market's Pulse

Airtime: Mon. Apr. 6 2009 | 4:30 PM ET

Getting a read on the day's market action, with Art Hogan, Jefferies; Robert Doll, Blackrock; Peter Schiff, Euro Pacific Capital; and CNBC's Larry Kudlow
Part 1 of 2

Part 2 of 2




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