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PostPosted: Wed Dec 03, 2008 12:09 pm 
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Wow! You just HAVE to watch this video. These are a series of interviews with an analyst called Peter Schiff from end 2006 to early 2008 - when this guy was pitted against 3-4 other analysts as to their forecasts for the housing markets, stock markets, etc.

This guy is SO GOOD - It is not funny! I would almost give him my beloved Breitling SA if I ever get to meet him. (Almost)

MUST WATCH for anyone remotely interested in investing, or following the economy, markets etc.

http://www.businessweek.com/investing/i ... ff_vs.html

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PostPosted: Fri Dec 05, 2008 10:49 am 
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After Long Term Capital in '98
After the Internet shock in '01
After house appreciated 100%+ in five years
After $145/bbl crude

Asset price deflation was inevitable, mi amigo.


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PostPosted: Fri Dec 05, 2008 11:58 am 
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Clearly Nobody did. Not the analysts, not the Governments!
And did you see the other experts laugh at Peter Schiff when he predicted all this?

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PostPosted: Sun Dec 07, 2008 8:49 pm 
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Yes your right, this is not funny. Thanks for the post, this is very interesting and Mr. Schiff is proving to be right.

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PostPosted: Sun Dec 07, 2008 10:00 pm 
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It's not that incredible IMO. In my line of work (financial and investment planning) we received and looked over so many analyst reports that it was certainly possible that some people did see this coming from a mile off., I read some of them! I just hope they acted upon their own work.

I'll watch the videos tomorrow and let you know what I think.

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