"The Decade of EPIC Begins"
For those that suck at the nipples of Peter Schiff. When will someone admit that Peter Schiff would have lost more money shorting the bond market than he made in gold? While gold was and is a great call, his bear calls on the bond market have been equally unimpressive.
So has Jim Rogers! The fundamentals for shorting the bond markets are there, just like the fundies for Ag, look at the May 1st hit. But the EE has the ability to walk on water, therefore that can change the rules for a time! The bond market will implode its just when!And this is no Schiff tit sucker, but who the fuck is always right on their trades! I must meet this person as I have a some lose change.
@Crusso33: I've watched my share of Schiff. For me, and my opinion only, he is a long-term predictor. Do you know the balls it takes to go public with a long-term prediction? Noone can always be right. He has taken verbal abuse on CNBC for multiple years. Some guests that he has debated against have even laughed at him on air. Those guest usually end up "eating crow". You've got to remember, CNBC is a shill (and one of multiple shills) for Obama= THIS ECONOMY IS REBOUNDING/GREAT!! I like Schiff because I feel he knows not everyone can prepare at a moments notice & he is doing what he thinks is right to prepare as many Americans as he can. Ultimately, it is up to each & every individual to do their own research & come to a conclusion that works for them. Let us all know when a perfect human has arrived on this planet.
@malcolm: people might thing we are collaborating with our posts!! LOL
@Ledbedder, I wise man once said great minds think alike! LOLWhats new with you anyway?
Wise man once said buy corn LOL
Funny! This is an email from a friend and former coworker today. Background I told him in 2008 to get into PM's, well ti 2011.Me)Ok. Truth be told, in the year that I sold all of my shares and went 90% precious metals Im up 160% year over year. You really should at least look at putting a portion of your in investment as a hedge against inflation and to protect you assets! Seriously! him) Never! I'd rather be poor. me) Im going ask, fuck that ,tell you one more time, get invested in precious metals, before it too late!>> BTW, any news on school? How is everything?>> >>>> him) Prophetic, or pathetic, I don't know which. >> I still got all my stock, so I'm not super happy. Lol. Oh well I don't need the money right now. >>
hey MikeS, hows it going. Dec corn future calls at 790.00 man, gonna make a mint on that one! :)
I met Peter Schiff at a Money show 7 yrs ago...He speaks from the heart without any notes or TelePrompter..He is ahead of his time and timing...but the man is honest which is a rare quality for his profession..He is not politically correct which is why I was drawn to him and his beliefs..and his father is still in federal prison for standing up and fighting the IRS and its tax code...so this man has more balls then the whole bunch of financial gurus combined that tell you to stay invested in the rigged markets..Peter advises to get out of the USDPOS and invest for the long term overseas,and you will be able to have something left of your wealth when the USDPOS dies... ignore him at your own risk...also as a business owner in a capitalist country he tries to make a profit ..which some people take offense to..hence many negative statements from ignorant individuals..and finally he believes in the Constitution which many that tarnish him do not...
@MIKE S: your wisdom will come later in the year, I'll post later down the road. Lock in those profits.
@Malcolm: just sitting back & watching. Making some comments here & there...some people think I'm not showing up because I'm afraid to back stuff up. Depending on SGS's new site (if he'll let me), I'll break down stuff in more detail. Not going to start my own blog because (1) I'm content in my life (2) it seems almost noone here cares about the technicals, and that is fine with me. How's the blue book?
Pure genius! It has changed the way I perceive the market and the way I invest in futures and commodities. Example: on highs I now try to predict pull backs and just wait for MY prices. Having said that I'm not as active trading, just waiting more :(. But, still having fun!Yes! Im looking forward to the new site, as Turds site is good but I enjoy this place more. Not so much group think!
Let me get this straight, Peter Schiff is honest and he has basic but a bit naive understandings of the economy. He is not even a smart fellow. The sad thing is most Americans are so brainwashed so they will worship someone normal as genius.
Timing corn is very dangerous. I prefer to trade around a core for fear of missing the big move. To each his own Led. Our styles serve us well.