Peter Schiff on the economy

[Rich Stern]

Peter Schiff is a professional fund manager. For two years, he's been telling people that what we are experiencing right now was going to happen. His peers laughed at him, told him he was nuts.



Here's a montage of some TV appearances where he now looks like a sage, and the guys shouting him down look like dunces. In retrospect, it's obvious. Fascinating to watch.



<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/2I0QN-FYkpw&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/2I0QN-FYkpw&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>

 

[P M]

Have to give the guy credit. He nailed it long before it was apparent to the masses. More impressive is that he was consistent in his fundamental analysis, not just a one time guess.

 

[Alan Peters]

I might read or listen to this guy more rather than the standard analyst.

 

[Don Pertz]

Obama needs to give this guy a cabinet post!

 

[EddieS'04]

I wonder what his mockers are thinking now...

 

[FlipTrac_511]

Haha. Mr. Schiff owned everyone!

 

[Jerry Johnson]

The sad thing is now that Peter has proven that he was correct, the media won't touch the other guys that were laughing at him. I bet the media is still quoting the other guys more than Peter. Peter will only get a moral victory. He will not get the proper acknowledgement that he deserves.