Comments on: Peter Schiff: ‘There is a major, major crisis coming’ http://www.contrarianprofits.com/articles/peter-schiff-there-is-a-major-major-crisis-coming/7962 Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Tue, 18 May 2010 05:09:46 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: richard http://www.contrarianprofits.com/articles/peter-schiff-there-is-a-major-major-crisis-coming/7962/comment-page-1#comment-9854 richard Tue, 06 Jan 2009 09:59:52 +0000 http://www.contrarianprofits.com/?p=7962#comment-9854 oh dear. oh dear.

]]> By: Tim http://www.contrarianprofits.com/articles/peter-schiff-there-is-a-major-major-crisis-coming/7962/comment-page-1#comment-9822 Tim Mon, 05 Jan 2009 07:18:07 +0000 http://www.contrarianprofits.com/?p=7962#comment-9822 The biggest bubble here is Schiff's ego. Let's hope it bursts. The biggest bubble here is Schiff's ego. Let's hope it bursts.

]]> By: Frank http://www.contrarianprofits.com/articles/peter-schiff-there-is-a-major-major-crisis-coming/7962/comment-page-1#comment-7595 Frank Fri, 28 Nov 2008 06:28:51 +0000 http://www.contrarianprofits.com/?p=7962#comment-7595 Gold has no inherent value? What a stupid woman! Where has she been the last 4000 years?! Gold will always have value. Like Peter said, buy this dip in gold. It can only go up in the future. By the way, Peter was predicting this collapse as early as 2002. Like another economist said last week, this is only the first inning of this collapse. We must retire most of the national debt, but that will take kicking off the lifers from Welfare. You can forget about socialized medicine, we cant afford it ! Gold has no inherent value? What a stupid woman! Where has she been the last 4000 years?! Gold will always have value. Like Peter said, buy this dip in gold. It can only go up in the future. By the way, Peter was predicting this collapse as early as 2002. Like another economist said last week, this is only the first inning of this collapse. We must retire most of the national debt, but that will take kicking off the lifers from Welfare. You can forget about socialized medicine, we cant afford it !

]]> By: MurrayR http://www.contrarianprofits.com/articles/peter-schiff-there-is-a-major-major-crisis-coming/7962/comment-page-1#comment-6928 MurrayR Tue, 18 Nov 2008 14:48:38 +0000 http://www.contrarianprofits.com/?p=7962#comment-6928 Move money out of gold and into weed. Check. Move money out of gold and into weed. Check.

]]> By: JEFF http://www.contrarianprofits.com/articles/peter-schiff-there-is-a-major-major-crisis-coming/7962/comment-page-1#comment-6885 JEFF Mon, 17 Nov 2008 21:59:40 +0000 http://www.contrarianprofits.com/?p=7962#comment-6885 I'm surprised Peter can't see the bubble in gold. He must own a ton. I love all these popping bubbles! All the government bailouts that have prevented gold from collapsing are just about over. Gold will come down to the price of killer medical grade weed - around $450/ounce... I’m surprised Peter can’t see the bubble in gold. He must own a ton. I love all these popping bubbles! All the government bailouts that have prevented gold from collapsing are just about over. Gold will come down to the price of killer medical grade weed – around $450/ounce…

]]> By: MurrayR http://www.contrarianprofits.com/articles/peter-schiff-there-is-a-major-major-crisis-coming/7962/comment-page-1#comment-6540 MurrayR Tue, 11 Nov 2008 13:23:23 +0000 http://www.contrarianprofits.com/?p=7962#comment-6540 The Fed features a "hybrid public-private, centralized-decentralized structure" (Donald L. Kohn, vice chairman of the Board of Governors, 2006). So Steve and Donna - you are both right. The Fed features a “hybrid public-private, centralized-decentralized structure” (Donald L. Kohn, vice chairman of the Board of Governors, 2006). So Steve and Donna – you are both right.

]]> By: Steve http://www.contrarianprofits.com/articles/peter-schiff-there-is-a-major-major-crisis-coming/7962/comment-page-1#comment-6466 Steve Sun, 09 Nov 2008 10:18:53 +0000 http://www.contrarianprofits.com/?p=7962#comment-6466 Donna, you're dead wrong. The Fed IS a government institution. Why do you think it has the name, the "Federal Reserve"? It is a GOVERNMENT organization that has some (but not all) private components. But don't take my word for it. There's plenty of info out there - take a look. Donna, you’re dead wrong. The Fed IS a government institution. Why do you think it has the name, the “Federal Reserve”? It is a GOVERNMENT organization that has some (but not all) private components. But don’t take my word for it. There’s plenty of info out there – take a look.

]]> By: Rick http://www.contrarianprofits.com/articles/peter-schiff-there-is-a-major-major-crisis-coming/7962/comment-page-1#comment-6408 Rick Sat, 08 Nov 2008 13:05:01 +0000 http://www.contrarianprofits.com/?p=7962#comment-6408 I'm no Roubini either but maybe I can help Ed (#11) out. Schiff's entire investment thesis is that the dollar is toast in the future. It's that simple. He recommends getting out of the dollar anyway you can. Gold is his preferred route, but he does invest in select foreign stocks. High dividend ones I think he has said in the past. The Bush observation I don't understand at all. He has been predicting this mess the entire Bush administration. The real culprit here is CNBC and their constant pumping of the US stock market. It is disgraceful, but what else can you expect of them? I’m no Roubini either but maybe I can help Ed (#11) out. Schiff’s entire investment thesis is that the dollar is toast in the future. It’s that simple. He recommends getting out of the dollar anyway you can. Gold is his preferred route, but he does invest in select foreign stocks. High dividend ones I think he has said in the past.

The Bush observation I don’t understand at all. He has been predicting this mess the entire Bush administration.

The real culprit here is CNBC and their constant pumping of the US stock market. It is disgraceful, but what else can you expect of them?

]]> By: Mr Anderson http://www.contrarianprofits.com/articles/peter-schiff-there-is-a-major-major-crisis-coming/7962/comment-page-1#comment-6398 Mr Anderson Sat, 08 Nov 2008 07:38:55 +0000 http://www.contrarianprofits.com/?p=7962#comment-6398 Peter's not a bad guy -- 1. he called the bubble 2. he's dead wrong with Goldand already admitted he called the Peter’s not a bad guy —
1. he called the bubble
2. he’s dead wrong with Goldand already admitted he called the

]]> By: Ed http://www.contrarianprofits.com/articles/peter-schiff-there-is-a-major-major-crisis-coming/7962/comment-page-1#comment-6387 Ed Sat, 08 Nov 2008 00:40:30 +0000 http://www.contrarianprofits.com/?p=7962#comment-6387 Peter Schiff seems to like Bush better. Go figure. He professes investing in foreign markets as a way to escape the dollar collapse. I don't understand how he figures that a dollar collapse would cause strong foreign markets. Wouldn't it cause a global financial collapse first? I am sorry Mr. Schiff, you are no Roubini. Peter Schiff seems to like Bush better. Go figure.
He professes investing in foreign markets as a way to escape the dollar collapse.
I don’t understand how he figures that a dollar collapse would cause strong foreign markets. Wouldn’t it cause a global financial collapse first?
I am sorry Mr. Schiff, you are no Roubini.

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