473 days ago
Maybe this time Mr Gloom will be correct. Investor, commentator and libertarian Peter Schiff has some stark warnings.
523 days ago
The great lie pushed by those supporters of bitcoin and other crypto currencies was that supply of bitcoin was limited by the halving formula. So, we were assured that while promoters of shares or funds or any other asset would always match demand with new supply, bitcoin was different. Of course, that was just misleading.
674 days ago
Bitcoin is crashing once again, and now trades well below $19,000. According to Peter Schiff, the charts point to $10,000 as the next stop. Therefore, shares in Argo Blockchain (ARB) should be suspended first thing Monday; here is why.
720 days ago
You will think me mad but let me explain. Before that I discuss the growing scandal at Kinovo (KINO) and who should pay. I also discuss gardening and walking. I tortured my body with a full day of the former today (and I am not done yet) but am not sure how I will torture myself tomorrow but torture myself I shall. So please if you are among the 97% of listeners yet to donate to Rogue Bloggers for Woodlarks please do so HERE. Finally some thoughts c/o Peter Schiff on inflation.
2145 days ago
The reference to scumbags John Belliss and Gavin Burnell is explained in full in this podcast which covers CyanConnode (CYAN), Audioboom (BOOM), Magnolia Petroleum (MAGP), Revolution Bars (RBG), Peter Schiff and the economy, AIQ (AIQ), Tern (TERN) and Haydale (HAYD). Both Brokerman Dan and I are now training with blisters. This weekend I move up to a 14 mile walk ahead of our 32 mile July 28 stroll for Woodarks. Thanks to all who have sponsored us. swe have now raised more than £8,000 with gift aid and are at 34% of our target. To those 90% of you listening who have not pledged, surely you can spare a tenner. You can donate £10 HERE.
2413 days ago
Libertarian Peter Schiff is a great hero of mine and I am glad to see him calling Bitcoin out as a bubble.
2524 days ago
Peter Schiff is a libertarian a gold bug and a hero of mine. So I listen to what he says. His latest podcast - not surprisingly - has a similar world view to mine. The Fed is now indicating it needs evidence that the Q1 weak economic data is transitory and not a trend. This is interesting for 2 reasons. The Fed’s narrative has always been to tout economic growth even in the face of flimsy or no supporting data. Now the Fed is actually admitting there is weakness. The other interesting thing is that, although the Fed continues to claim it is “data dependent”, it has been ignoring the economic data ever since the first rate hike. The market puts chances of a June rate hike at almost 100%. Maybe that is because it believes the Fed will raise rates regardless of proof.
2609 days ago
Libertarian gold bug Peter Schiff is one of my heros and his latest podcast reminds us all why the stockmarket may be hitting recorcd highs but it is clearly way overvalued.
2625 days ago
Libertarian gold bug Peter Schiff is one of my heros and his latest podcast reminds us all why we need material gold exposure in the months that lie ahead. Inflation is back!
2700 days ago
Is the Trump rally fizzling out? Yes it is. But is this going to be a soft landing? No. That is the view of libertarian gold bug superhero Peter Schiff who explains in his latest podcast that bubbles just do not go away gently. And we are living in a bubble.
2708 days ago
Shares may be zooming in the Trump rally but libertarian gold bug ( and all round super hero) Peter Schiff does not think it will last or is sustainable. But the first casualty of the bonds sell off will be commercial real estate warns Schiff in his latest podcast.
2713 days ago
Libertarian gold bug Peter Schiff is a hero of mine and in his latest note he makes a very vaild point about Donald Trump - he could well bankrupt America. Over to Schiff:
2722 days ago
Folks have focussed on how shares have zoomed since Donald Trump won but what about the bond market which saw its worst week for five years? What does that mean and will it continue? Yes it will. That is the warning of libertarian hero and perma bear Peter Schiff in his latest podcast.
2731 days ago
Libertarian gold guru Peter Schiff is a big hero of mine. In his latest podcast he discusses why he thinks US Q3 GDP data was rigged and why Us consumers really are feeling bad. He also explains for anyone too thick to understand why the Hillary Clinton email issue really should send her to prison and why he thinks Trump deserves to win and now may well win. And what this all means for the markets. Peter called the 2008 crash now listen to what he says on US car leasing and what that tells you. It tells you that there is a meltdown coming folks...
2808 days ago
As you know, Peter Schiff is a hero of mine, a libertarian and gold bug he predicted when and why things would go wrong in 2008. Schiff says the next meltdown will be worse and it will be soon and explains why in this compelling new video.
2820 days ago
There are several reasons the world economy is unsustainable within the current systems according to my hero, the libertarian Gold bug Peter Schiff. We have featured Peter several times here in recent weeks - see HERE. He believes the biggest factor is countries like the US which have huge deficits. They have low production rates requiring mass imports of goods in exchange for pieces of paper that are losing their value. This forms imbalances which destabilize the global economy. There are also enormous amounts of bonds and unfunded liabilities which creates vulnerability to a backup in interest rates. If rates go up, they can’t afford to pay.
2826 days ago
Libertarian gold bug Peter Schiff is a hero of mine. This latest podcast on the bond bubble and the nightmare of a Clinton Presidency is really superb. On Crooked Hillary he really is very funny and very accurate. Spare 25 minutes for a listen.
2826 days ago
You know that libertarian gold bug Peter Schiff is a major hero of mine. In his latest video he shows how real GDP growth is negative, it is collapsing. And that has profound implications for all of us on both sides of the pond. This is cracking stuff from Schiff. Yes we really are in recession already!
2931 days ago
This is classic Peter Schiff with the great man explaining to Alex Jones why he thinks that the US economy is already shrinking and getting worse. In essence Trump is right - the economy is broken. He describes negative interest rates as an admission of failure and warns of an impending dollar slump.
3027 days ago
As you know Peter Schiff is my hero, a libertarian sound money man. In his latest video he explains why the next move in US base rates is going to be down and why rates could go negative. On the basis of that he advises buying gold.
3058 days ago
Peter Schiff is a libertarian hero of mine. He called the 2008 crash brilliantly - its causes and what would happen. Now he calls the great crash of 2016. This interview with Schiff is frightening and compelling and what he says about the US also applies to Britain. Schiff thinks we are sleepwalking to insolvency. Show me how he is wrong!
