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Tuesday 3 February 2009

"It's not wealth that has increased... all that has increased is the paper values of our stocks and real estate"


Watch Peter Schiff back in 2006, 2007 & 2008 predict what has now happened. And listen to the derision that was poured upon him. I'd like the fool laughing from around 3:40 to account for his actions then. The share-tipping of "Financials" from 6:30 is quite scary as is the scorn poured upon Peter Schiff for declaring that the Emperor was naked. Peter's last tip - Gold to go above $1,000.

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