Showing posts with label gold as currency. Show all posts
Showing posts with label gold as currency. Show all posts

November 04, 2007

HP Hero Peter Schiff destroys HP's new "Biggest Idiot in the Room" candidate Mike Norman, the "Economic Sheep" on this Fox News video



Hey, it's gotta be tough to be a discredited idiot like Mike Norman. When you've been proven wrong on everything, and I mean EVERYTHING, and your nemesis has been proven right on everything, and I mean EVERYTHING, you should just shut it all down and go home. Or I guess these days you go on Fox TV and make yourself look even dumber.

The funniest thing is that Mike Norman, the "Economic Contrarian", actually tries to charge people for his bad advice. "Economic Contrarian"? Man, Schiff is the true economic contrarian, and people who listened to him made a fortune and protected their wealth. Norman on the other hand is the biggest sheep there is. "Mike Norman - the Economic Sheep". Yup, that's more like it. Remember this is the same guy who thought a 10% rise in houses prices was in the bag this year. Whoops.

Watch this video
. It's hot. Damn, I love Schiff. Dude is right. Dead right. Invest with him. And Mike Norman is The Biggest Idiot in the Room. Here's a bit of the transcript:

Schiff: "If you're the typical American who has dollar income who has dollar based investments, your wealth is evaporating.

Norman, The Economic Sheep: "It's not evaporating. That's total disinformation"

Schiff: "For years I've watched you on television tell people that oil was going to go down, that gold was going to go down, that the dollar was going to go up, you've been dead wrong on everything on every prediction you've ever made, and you're criticizing me?"

Norman, The Economic Sheep "You're a peddler of disinformation"

June 25, 2007

Gold - Whadda ya think?


Gold meltdown as investors sell all asset classes in a classic rush to cash and liquidity?

Gold surge as dollar melts down, markets tumble and investors rush to a safe haven?

Gold as electronic currency as baseless world funny-money loses credibility?

Gold as a hedge against inflation as too much money chases too few goods?

What's your take today on gold?

(Note - I don't own the yellow stuff, waiting to buy at my target price, but I do own gold miners)