10/31/07 - Dollar Collapse - Peter Schiff Versus Mike Norman
Uploaded by: ArchaicRevivalx2012
Video Description:
Peter Schiff gets a good pummeling from his friend Mike. Mike gets KO'd in the final seconds.
You can find Mike @ http://www.contrarian-update.com/
Peter is @ http://www.europac.net/
Tags for this video: AIG American Brothers Collapse commodities Crash Crisis Currency Dollar Economic Economy Euro Fannie Financial Freddie gold Goldman Group Hyper Inflation International JP Lehman Mac Mae Market Morgan Peter Recession Sachs Schiff silver US
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Owned
Total idiot and shameless liar. Too stupid to put him on TV.
hero
hero
Schiff has some extreme views about commodities that are risky, but time will tell if it pays off.
I think gold is the safest investment now, assuming we don't have another gold rush. I don't anticipate this current deflation lasting too long. The Fed needs another bubble, but can't make one without credit markets.
I think oil will resume its price increases in 3-5 years and never look back. Solar panels and wind farms are nice, but we need nuclear power to really make a difference. Those types of construction projects take 10 years and we still don't have the will to start them. I think alternative energy will be the next attempt at creating a bubble.