Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Archie Meeties who wrote (113530)	11/14/2008 11:52:33 AM
From: Cogito Ergo Sum	1 Recommendation Read Replies (1) \| Respond to of 206336

You know that is just sad.. Those folks still get press ... just like Greenspan still gets press... What does that say about the Media and most people.. Just as Subprime was exploding, almost to the minute it really hit the markets.. Coxe was poopooing it.. He was on BNN and the segment never got archived interestingly.. That was building block one for me to think about going high cash... Not to be anal about it but all these cyclical stories I hear from soup to nuts seem to be ultimately based upon the US consumer buying again.. When so much buying has been credit (or rising asset) based... how can that happen again ..

To: Archie Meeties who wrote (113530)	11/14/2008 12:37:48 PM
From: Kayaker	1 Recommendation Respond to of 206336

Good clips from 2006 and 2007. Art Laffer was asked about the 1¢ bet on the Bill Maher Show. tinyurl.com As Peter Schiff admits, he has been wrong (so far) on some of his investment suggestions (eg gold). He is forecasting a big drop in the US dollar once the deleveraging is done. I suspect he will be right. I would think that investing in oil (gold too?) in non-US dollars will do well under that scenario. Schiff on Bloomberg October 28/08, parts 1 & 2. tinyurl.com tinyurl.com

To: Archie Meeties who wrote (113530)	11/14/2008 4:19:08 PM
From: energyplay	3 Recommendations Read Replies (1) \| Respond to of 206336

Thanks for posting that. It's 10 minutes of video with Peter Schiff calling the sub prime and financial problems way ahead of time, while perma bulls push financials... Recomended. We should note there were MANY comments on this board about loose mortgage lending standards since 2005...

To: Archie Meeties who wrote (113530)	11/14/2008 4:22:43 PM
From: upanddown	3 Recommendations Respond to of 206336

Arch Very funny clip and Peter Schiff looks brilliantly prescient while skewering the pompous Fox pundits. One minor problem..... Based on his extremely bearish outlook at the time, why didn't he put his clients strictly in cash and short equities? He instead decided he could figure out the correct investments and recommended things like gold, Canadian energy trusts and global agriculture(YIKES!). The guy is a publicity and money hound on the scale of a T Boone Pickens. I have gotten numerous mailings from him. Here's a rather tense chat with a disgruntled client on his radio show. youtube.com