He was right. This smug fucking kike was right about everything. And tomorrow, we're gonna see it all collapse

He was right. This smug fucking kike was right about everything. And tomorrow, we're gonna see it all collapse.

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newsmax.com/finance/investinganalysis/peter-schiff-rates-stock-collapse/2018/02/28/id/845993/
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He had it coming. He trusted a schiff

>he's already "right" about something that hasn't happened yet

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Are you referring to this?

newsmax.com/finance/investinganalysis/peter-schiff-rates-stock-collapse/2018/02/28/id/845993/

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CRYPTO IS GOLD 2.0, GRAMPS.

>revenge of the goldbugs and permabears

>"Its all going to crash, buy gold"
>repeat every day for 8 years straight
>inevitable crash occurs, gold jumps 10%

Wow, he's a fucking oracle!

I fell for the Schiff meme but eventually ignored him a couple years ago. If you listened to schiff, you'd have made 0% over 8 years.
What the feds did to him and his dad was pretty rough though. Fuck big government

While it's funny to joke about guys like Schiff who will warn of economic crashes every 6 months or so this may be the one time he's going to end up being right.

Interest rates have been propping up the economy since 2008. Since the fed is forced and will be increasing interest rates over the next few years I would say that's the best chance of the economic crash everyone has been clamouring for. As soon as money lending tightens, the circulation slows down enough to cause mass panic in the economy and then it's all over.

This time it's pretty scary because what tricks do they have up their sleeve this time around? I don't think they have any. No more kicking the can down the road. The world is in serious trouble when we finally pay the price of the central bank's bullshit.

It will be time for the reset, either by a blanket debt jubilee or all out mad max

mad max it is then

Anyone know what price bitcoin was when he started trashing it? Like $5-10 I think. Fine I'll say he's right if it goes down under that.

You're so full of shit, you slosh if you take a corner too fast.

The good news is the orange freak and the alt right will take all the blame.

Republicans are going to get hit by a fucking meteor in November. Dems will probably hold Congress for the next twenty years.

Basically, capitalism is fucked.

Those kids who want your guns also want Stalin level socialism.

Oh well.

Normal conservatives tried to warn you cucks this would happen. But you had to go and elect an idiot instead of a sane person who knows how to handle a modern economy like Rubio or Kasich.

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>dems hating capitalism

they might force the masses into communism, but communism will never apply to them, most dems are really rich

when it hit 3 dollars he trashed it

You have to be 18 to post here

You realize Trump won because old boomers in middle America who hadn't voted in 30 years went out and voted, right? Veeky Forums didn't elect Trump, though the memes helped.

i dont mind listening to schiff, and the man has a good understanding of how the actions of the FED will affect the various world markets.

my main problem is how he always talks tough about the fucking "crash of the century" thats right around the corner, because he is trying to sell you gold. however, this is actually a good time to buy gold if we see it break 1350/oz as it will likely run a bit once inflation really starts to kick in.

this
also trips and DB has solvency issues within the week

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nah, he wasnt saying its going to crash now for 8 years. he was constantly bitching how fundamentals of the market are completely fucked and will inevitably crash. now hes changing his tune to that the crash is around the corner, and desu, i think he might be right.

its definitely a case of broken clock, but hes absolutely right. most of the latter part of this bullrun was simply because the FED allowed it with excessive dovishness. so much bullshit is intensely overvalued. we honestly need a good crash to bring us back down to a reasonable level. and the dollar needs to crash anyways so that we can compete with the third world in terms of manufacturing.

but honestly, dont buy gold until you see a sustained break above 1350/oz, but if you DO see that, go all the fuck in

I listened to this bloke when I was at uni read all his books, put all the money I saved into precious metals, and didn't make any money. I've stopped listening to him because its fucking tiresome and he isn't a good investor. Ultimately he will be right though, and unfortunately I think it may be coming to that time. The last recession we had was 10 years ago and average market cycle is 7 so we've been well overdue for one. I wonder if the Fed's anticipated 4 rate hikes this year will be enough to do it. The stock market has certainly pulled back

ahahahaha this dumbass first he is ultra bearish the whole time during the biggest stpco bullrun in history then misses crypto. he has been shilling gold since 2011 wrap your head around that. if he had a conscience he’d kill himself for the amount of money his advice has caused people not to make

take your meds, kid, and relax a bit. this old geezer has correct mindset and is actually ideologically quite near to cypherpunks that built this whole shitcoin market. his only problem is that hes unable to grasp technology and is stuck in 20th century thinking, kinda like buffett. its difficult to teach old dogs new tricks.