17 votes

Video: Peter Schiff: Rising Stock Prices Reflect Inflation And Debased Currency - CNBC 2/1/2013

http://youtu.be/GFDYPiLdS5s

Published on Feb 1, 2013
Insight on the market rally today, with Tom Porcelli, RBC Capital Markets; Larry Glazer, Mayflower Advisors; Peter Schiff, Euro Pacific Capital; and CNBC's Rick Santelli on Closing Bell with Maria Bartiromo.

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Recovery vs. Collapse

Voices on CNBC have been arguing recovery and collapse for five years.
Green shoots, dollar crash, recession's over, depression's near, market's rising, fiscal cliff's approaching.
Regardless, the economic doldrums persists, government debt grows, and taking heads keep speaking of recovery and collapse.
Whose's right? Whose's wrong? Who will be correct next?
Roll the dice, play your cards or enjoy the casino games from the grandstands.

I agree he nailed it. How

I agree he nailed it. How about that a whole conversation about the effects of the Feds inflation on the market...a rare and beautiful sight.

lol, seems like peter really pissed that guy off.

lmfao. Good video Bump for front page.

As usual...

Peter Schiff is right!

Check out the Laissez-Faire Journal at LFJournal.com


"The State is a gang of thieves writ large." - Murray Rothbard

Yup, he usually is spot on.

Yup, he usually is spot on. Rick Santelli also made some good points.