tag:blogger.com,1999:blog-18675105.post2880060318267580998..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: Here's Mike Norman, the "Economic Contrarian" and Peter Schiff's poodle, writing in 2004 on how the Euro was going to lose value to the dollar. OOPS!!bloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger29125tag:blogger.com,1999:blog-18675105.post-38385211988904381642008-02-10T09:11:00.000+00:002008-02-10T09:11:00.000+00:00Normanite, an investor who is willing to lose boat...Normanite, an investor who is willing to lose boatloads of money in order to stick to the <BR/>GOP talking points.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-46941104508653279612008-02-09T20:19:00.000+00:002008-02-09T20:19:00.000+00:00He was 4 years too early. The euro has formed a tr...He was 4 years too early. The euro has formed a triple top and will start to move to the downside in a long term pattern. Hey, I also thought the housing BS would have turned south in 05, it just took a few more years than I thought.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-18174884708457522342008-02-09T20:00:00.000+00:002008-02-09T20:00:00.000+00:00Schiff goes on Fox because he's a republicnSchiff goes on Fox because he's a republicnAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-48889489354793417042008-02-09T19:32:00.000+00:002008-02-09T19:32:00.000+00:00Is this guy related to Mozilo? They both look like...Is this guy related to Mozilo? They both look like they have "shyster" in their blood.Frank Rhttps://www.blogger.com/profile/07625929422222490759noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-12029116787962510992008-02-09T17:33:00.000+00:002008-02-09T17:33:00.000+00:00Anonymous said... I hear alot of idiots saying ...Anonymous said...<BR/><BR/> I hear alot of idiots saying that gold has no value.<BR/><BR/>----<BR/><BR/>Someone who writes <I>alot</I> has no business calling anyone else an idiot.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-42384797060765238602008-02-09T17:32:00.000+00:002008-02-09T17:32:00.000+00:00what a freaky picturewhat a freaky pictureAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-58809711375828266162008-02-09T16:48:00.000+00:002008-02-09T16:48:00.000+00:00Just more proof that the inmates are running the a...Just more proof that the inmates are running the asylum.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-26699036482906548762008-02-09T16:43:00.000+00:002008-02-09T16:43:00.000+00:00Peter Schiff has had a good run. He was correct ab...<I>Peter Schiff has had a good run. He was correct about housing and the US economy.<BR/>However-<BR/>His decoupling thesis is wrong and is going to get his clients killed. Asia and developing markets are going to go down even the segments he wishes to invest in. </I><BR/><BR/>It's a little too early to say that his decoupling thesis is wrong. He never said it would happen overnight and people seem to think that because the asian and euro markets have been suffering as much as the us market lately that is somehow proof that asia will not decouple. It is inevitable in the long run that asia will decouple from the US - will they suffer in the short term - absolutely but that doesn't mean his thesis is wrong. <BR/><BR/>The US is all spent up and in debt up to it's eyeballs. Asia has no other choice but to decouple.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-61348204083672045462008-02-09T15:35:00.000+00:002008-02-09T15:35:00.000+00:00I hate to say this, but I actually have(and now ha...I hate to say this, but I actually have(and now had) an acct with Mike Norman, and I must say that my acct was DOWN more than -17% for 2007. Its embarrassing to say, but now Ive opened my acct with Peter Schiff. Hopefully he can recoup my losses, and hope I wont make the same mistake again in choosing a financial advisor.<BR/><BR/>Mike Norman, you have caused much financial damage based on your stupidity. I expect more acct tranfers from your firm. <BR/><BR/>MY PREDCIDTION FOR 2008: Mike Norman will be unemployed/bankrupt by the end of 2008.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-40530771903834369702008-02-09T15:26:00.000+00:002008-02-09T15:26:00.000+00:00Hey anon 6:22 am,I bought it at $325/ounce. I've ...Hey anon 6:22 am,<BR/><BR/>I bought it at $325/ounce. I've got a long way in this 'deflationary collapse' to go to breakeven. And gold stocks really sucked during the 1930's. Obviously, history isn't your strong suit. But you're right. Buy toilet paper currency that's being inflated away in front of your eyes. Definitely a plan to survive. Duh. Do us all a favor and follow your own retarded advice.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-20453218275342398242008-02-09T09:05:00.000+00:002008-02-09T09:05:00.000+00:00well he was right, THIS IS A MAJOR TRADE, since an...well he was right, THIS IS A MAJOR TRADE, since anyone who made it went bankruptAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-43852093313439141062008-02-09T08:08:00.000+00:002008-02-09T08:08:00.000+00:00Is that stuttering John?Is that stuttering John?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-39544140208704986162008-02-09T06:30:00.000+00:002008-02-09T06:30:00.000+00:00I went through the google news archives and dug up...I went through the google news archives and dug up another jewel of his.<BR/>http://www.fool.com/personal-finance/retirement/2006/07/03/forget-the-alarmism.aspxAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-71941579904954791702008-02-09T06:22:00.000+00:002008-02-09T06:22:00.000+00:00Peter Schiff has had a good run. He was correct a...Peter Schiff has had a good run. He was correct about housing and the US economy.<BR/>However-<BR/>His decoupling thesis is wrong and is going to get his clients killed. Asia and developing markets are going to go down even the segments he wishes to invest in. <BR/><BR/>Mike Norman is a dope no doubt. <BR/><BR/>As far as Gold goes go ahead and invest in a metal during a deflationary commodity collapse. <BR/>Let me know how that works out.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-65937927234657302222008-02-09T05:10:00.000+00:002008-02-09T05:10:00.000+00:00I think Mike Norman is DOPES!!I think Mike Norman is DOPES!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-71232922722930320602008-02-09T04:07:00.000+00:002008-02-09T04:07:00.000+00:00But of Mike Norman is the contrarian, if he says t...But of Mike Norman is the contrarian, if he says to go long, shouldn't we go short?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-18148956573238354002008-02-09T03:19:00.000+00:002008-02-09T03:19:00.000+00:00Mike Norman needs to be shot in the head at clos r...Mike Norman needs to be shot in the head at clos range with a hollow point 45 to put us out of his misery. The REMAX punk and quaalude chick discredit all that is holy on earth. I seriously need to vomit after listening to that segment. Read "Crash Proof" NOW if you haven't already. Turn off your electronic heroin aka TV! Read a book! Don't be a stupid Normanite standing in a bread line when hell breaks loose!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-54052048186406718082008-02-09T01:34:00.000+00:002008-02-09T01:34:00.000+00:00Schiff must get a lot of clients from doing these ...Schiff must get a lot of clients from doing these Fox panel 'discussions'. Otherwise, why subject yourself to that stupidity?<BR/><BR/>I'll tell you one thing though, Schiff is looking more and more relaxed each time he's on because he is more and more obviously right. Mike Moron and Cpt. Hairdo barely have 2 brain-cells to rub together between the 2 of them.Paul E. Mathhttps://www.blogger.com/profile/03719759088047080921noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-58679978324649403912008-02-09T00:06:00.000+00:002008-02-09T00:06:00.000+00:00Mike Norman is far from a Financial Analyst. It se...Mike Norman is far from a Financial Analyst. It seems that he makes a living as a shill for Faux News and the Wall Street a$$holes. Just like his pal Geico Caveman Adkins.<BR/><BR/>Mike Norman and Adkins are two major douchebags.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-51040164149481067362008-02-08T23:46:00.000+00:002008-02-08T23:46:00.000+00:00Mike Norman said...You should start shorting the e...Mike Norman said...You should start shorting the euro<BR/>then Anonymous said... <BR/>He is a moron<BR/>February 08, 2008 9:53 PM<BR/>------------------------<BR/><BR/>Its sad, but a lot of the idiot euro haters on this blog think like Mike Norman. All they can say is "Europe is a mess" "Dollar better than Euro" or the old tired "Europe is Muslim" cliche. <BR/><BR/>Get with the program, Idiots! America is a has been. Which makes supporters of America delusional! Whatever problems they have in Europe, multiply that by tenfold for the US! <BR/><BR/>Start off with the Euro Dollar war. Its a joke! The dollar's a joke and anyone who backs dollars is a clown. <BR/><BR/>What about savings. Americans for the first time have NEGATIVE savings. unbelievable. They are mired in debt and have no way to get out of it cause they've bought more than they can chew on. That is NOT, I repeat NOT, the problem in Europe. Europeans actually, and it may come as a surprise to some of the duchebags on this blog, but Europeans aren't as materialistic as Americans are and hence, dont have anywhere near the debt Americans have. (so much for the old chiche that Americans are more religious than Europeans- ya right- they are more religious in so far as Americans worship the consumption of crap from China!) <BR/><BR/>And, oh yes, Europe is Muslim. We are less Muslim than you are Mexican. So shut up, start producing real goods, stop buying every piece of crap from China, protect your borders, start reproducing instead of importing illegals from south of the border, and for once, get educated! (but not in your pathetic public schools)!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-66393135498315204022008-02-08T23:32:00.000+00:002008-02-08T23:32:00.000+00:00If you've seen the past few Peter Schiff interview...If you've seen the past few Peter Schiff interviews on Fox, Cavuto has been almost apologetic.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-53680327217448998192008-02-08T23:22:00.000+00:002008-02-08T23:22:00.000+00:00Mr. Norman, I recently watched a 2006 U-Tube video...Mr. Norman,<BR/> <BR/>I recently watched a 2006 U-Tube video wherein you predicted that home prices would continue to appreciate in 2007 at an annual rate of around 10%. Because your prediction was so far off the mark (20%) being that home prices have decreased 10% nation wide in 2007 and much more in many areas I was intrigued to see if you had made any other idiotic predictions.<BR/> <BR/>Sure enough, in 2004 you predicated that the Euro would fall precipitously against the Dollar in the next few years when in fact it is the dollar that has fallen dramatically against the Euro to the point that even the Peso has more credibility in world commerce.<BR/> <BR/>Prey tell what other financial words of wisdom do you have for us in 2009 you imbecile.<BR/> <BR/>The Ace.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-45050606882786977542008-02-08T22:45:00.000+00:002008-02-08T22:45:00.000+00:00Maybe it's just me but Tom Adkins appears to be th...Maybe it's just me but Tom Adkins appears to be the second smartest person on that panel? That is frightening.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-15955217431430998832008-02-08T22:32:00.000+00:002008-02-08T22:32:00.000+00:00That was sooooooooo painful to watch. I mean it's...That was sooooooooo painful to watch. I mean it's like watching frat boys with the cute little cheerleader by their side (who is that chick?) trying to make fun of the geek boy (Peter Schiff) but in the end we know how that movied ends. Fox News is a fucking disgrace and I swear the day that channel gets what it deserves, is the day I will find some justice in this world...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1699506300633500922008-02-08T22:03:00.000+00:002008-02-08T22:03:00.000+00:00I hear alot of idiots saying that gold has no valu...I hear alot of idiots saying that gold has no value. Since the beginning of civilization, gold has had great value in all nations and cultures. It is the fiat currency that ALWAYS ends up with no value, from the DeutscheMark, to the Real, to the Z$. When the USSR collapsed, gold held its value while the Ruble collapsed.Anonymousnoreply@blogger.com