Peter Schiff on debt downgrade

**Audrey R** · 02-25-2012, 08:17 AM

privatized firefighters and police?

privatized national defense?

**ERiC DiLL L0VER** · 02-25-2012, 02:35 PM

And Peter Schiff is right AGAIN.

**carrcarr010100** · 02-25-2012, 09:50 PM

haha yea there are definitely slippery slopes.
but the idea of public debt obviously has is merits

**Jimeh** · 02-25-2012, 10:52 PM

didnt Oprah have a best seller too?

**Clare F** · 02-26-2012, 12:19 AM

multiplier effect on spending

**Denni** · 02-26-2012, 12:54 AM

He didn't start selling gold bullion until last year. Before that he sold stocks only and referred clients elsewhere to purchase bullion. He recommenRAB that no more than 5-10% of your portfolio should be in physical metals.

**Freight** · 02-26-2012, 03:39 AM

how do you raise the money to build the freeway?

those fees only start accumulating after the project is completed

**tasteM** · 02-26-2012, 04:17 AM

Schiff lost money ONE year (2008). He has more than recouped those losses since then. You can look at the performances of the stocks from the portfolio that was posted to discredit him in 2009. The same portfolio would be WAY up now. If you followed Peter's advice to keep buying commodities and foreign stocks when they sold off in 2008, you've made a LOT of money since then. But retarded liberal smear artists keep using 2008 as a red herring to distract people from the fact that Peter has been extremely successful since then. You can look up the performances of his managed accounts online, but you won't because you're afraid to see how much money he makes for himself and his thousanRAB of very happy clients.