12/22/2008 Part 3/3 Peter Schiff: Where To Put Your Money
July 14, 2009 : Posted by: admin : Category: protecting wealth : Add Comment
Visit http://www.PhilDeCarolis.com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor/Realtor. Let me help you protect and grow your wealth NOW before it is too late. Contact me right away for a referral to my own personal broker with Euro Pacific Capital that can advise you on the purchase of precious metals (Gold, Silver, etc..), Commodities And/Or Foreign Dividend paying stocks to hedge against rising prices and your loss of hard earned wealth. Join me in preserving your savings so that we can utilize our retained purchasing power to purchase Discounted/Cash Flowing California Real Estate ets at the bottom of this downturn for pennies on the dollar that will rise in value dramatically during Californias’ next cyclical inflationary real estate bull market.
Duration : 0:4:9
Tags: depression, Faber, Inflation, Jim, Marc, paul, peter, Rogers, ron, Schif
July 14th, 2009 at 12:35 am
What? Ha.
What? Ha.
July 14th, 2009 at 12:35 am
Peter Schiff is the …
Peter Schiff is the only person on T.V. with an incredible record.
July 14th, 2009 at 12:35 am
Larry’s giving …
Larry’s giving Peter some well deserved respect.
July 14th, 2009 at 12:35 am
Yeah, cause …
Yeah, cause economics is painting. WE ARE DOOMED!!!
July 14th, 2009 at 12:35 am
“I like the banks.. …
“I like the banks…” Jack Gage is going broke.
July 14th, 2009 at 12:35 am
The only reason …
The only reason they keep pete around is because he’s funny.
July 14th, 2009 at 12:35 am
Personally I would …
Personally I would invest in Silver so I can make good bullets out of them. You never know!
July 14th, 2009 at 12:35 am
Ron Paul and/or …
Ron Paul and/or Jesse Ventura – 2012
July 14th, 2009 at 12:35 am
true enough
true enough
July 14th, 2009 at 12:35 am
Stupid white men!
Stupid white men!
July 14th, 2009 at 12:35 am
But you are still …
But you are still speculating like for e.g., which company pays better dividend for a given amount invested, or how stable a company is so it doesn’t go under and drown ur investment and dividends, etc. Think about this a bit in depth, and you’ll find that life itself is an enterprise in speculation.
July 14th, 2009 at 12:35 am
BRAVO LMOA! Get the …
BRAVO LMOA! Get the out of U.S stocks. I mean really corporate governmental media does NOT want you to know how to protect your hard earned money. Cut the guy off, shut him up, dont tell the people the truth. LOL. You go Schiff. This guy warms me through.
July 14th, 2009 at 12:35 am
Open an account …
Open an account with interactive brokers, you can literally trade anything, and everything, on every exchange accross the globe.
July 14th, 2009 at 12:35 am
if you invest for …
if you invest for dividends that would be considered investing than
July 14th, 2009 at 12:35 am
could anyone tell …
could anyone tell me how to invest in the oversea’s markets as a canadian
July 14th, 2009 at 12:35 am
i love watching …
i love watching this guy and ‘ myspacesecrets ‘ here on youtube… myspacesecrets rocks!! thx
July 14th, 2009 at 12:35 am
Yes and no. It …
Yes and no. It depends where you buy it! I have lots of land in the Everglades I can sell you!
July 14th, 2009 at 12:35 am
Which means you are …
Which means you are looking the GDP at least cut in half before this recession is over.
July 14th, 2009 at 12:35 am
Mario is an IDIOT.
Mario is an IDIOT.
July 14th, 2009 at 12:35 am
Absolutely.
Absolutely.
July 14th, 2009 at 12:35 am
Buy and Hold is …
Buy and Hold is also speculating…you are still looking to find a bigger sucker. ALL investors are speculators too. Also, even if you don’t “invest” in anything, holding plain old cash is speculation these days too, as you don’t know which currency is gonna lose how much purchasing power.
July 14th, 2009 at 12:35 am
At the end of the …
At the end of the day, Peter is a money manager just like the ones he derides in that video. As individual investors we should keep that in mind.
Please see my other comment beginning with “I like how he differentiates”, I think I replied with that to the wrong post.
July 14th, 2009 at 12:35 am
I like how he …
I like how he differentiates between investor and speculator using the dividends to show “real” earnings. But at the same time to use a phrase like “sell out to the next group of suckers” shows how the distinction between a speculator and investor is thin indeed. Of course there is the extreme of the daytrader vs. buy and hold investor but in between there is no clear dividing line.
July 14th, 2009 at 12:35 am
Yes, that is an …
Yes, that is an interesting interview from 2002 but it still exposes his weakness in managing these long term trends to full fruition. This is why he sold out of technology in the mid 90’s and held foreign stocks and commodities over the current peak to massive losses. I like him but we as individuals can manage these long term trends much better. His last sentence is “sell out to the next group of suckers” but he has not demonstrated the ability to do that.
July 14th, 2009 at 12:35 am
buy land. it can’t …
buy land. it can’t depreciate.