Lori Rothman Waves A Gold Coin At Peter Schiff’s Face and Ridicules Him ‘Peter’s Schtick!’
Well, you've got to hand it to the female anchors at FoxBusiness - they may not know much but they know enough to realize that Peter Schiff is a big joke and take turns laughing into his face and ridiculing him every time he comes on. Of course, this is after CNBC has had enough fun making fun of him and ridiculing him like an ignorant class clown for years. Of course, when he parrots the nonsense he has been parroting for years (and again defames Chairman Bernanke), he is just inviting people to come and make a joke out of him. The really funny part is that he doesn't actually realize hes the biggest joke in financial news and that all the anchors interviewing him think hes a loony. Haha. Two thumbs up, Lori.
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The SP500 is outperforming China lol. He is just dumb.
Did Soros, Paulson and Einhorn sell their gold?
He is wrong about inflation and doesn’t understand how system works but that doesn’t necessarily mean that gold and especially silver are bad investments.
@xXdmrusXx exactly
He’s right about prices rising more than 1%. We do have inflation, but its mainly due to greater demand. QE2 is working, its stopping the debt spiral.
“Naw naw Peter, really, we believe you!” LOL! That chick is awesome. Even she know’s he’s full of “schitt!”
@Seano71 , I hope so man. We needs some jobs and now!
@GypsyHustled , China sucks my ballz!
@ohio1998 douchebag!
1:55 “Economic growth doesn’t cause prices to rise. Money supply growth does”
Economic Growth = GDP Growth
AE=Co+a(1-t)Y+I+G+X-gY
HELLO???
If your GDP is growing, what do you think it is doing? Meditating with a bong?
Prices CAN rise with economic growth.
If any of the variables in GDP change, there will be a correlated effect on prices at some point via changes in the AD/AS curves.
if AD shifts in response, you have higher prices.
if AS shifts THEN you could have lower prices.
I can tell you are lying because your lips are moving when you talk
shifty is trying to suck more people into buying gold so he can make more money.