Eliyah Finkelstein, with a great post, at Restoring the Heart of America:
In this priceless video you will see a few Keynesian folk recommending stocks. Here are the stocks they recommend with their 52 week low at the time of the interviews:
Washington Mutual – 13.07
Goldman Sachs – 145.66
Merrill Lynch – 55.96
Here are their current stock prices:
Washington Mutual – .1604
Goldman Sachs – 75.97
Merrill Lynch – 11.43
Peter Schiff recommends GLD (gold) which had its 52 week low at the time of the interview at 83.00. It’s current price is 85.60.
Looks like Peter Schiff was right!
7 comments ↓
Schiff has been better than a crystal ball in regards to the economy. I’ve heard him say that “I’m not good at predicting things, I just understand cause and effect of government policies – and this stuff is simple to see happening”
Or something like that…
Great to see it all lined up like that. Peter Schiff is definitely the man. He’s running for Senate, by the way! http://www.Schiff2010.com
Great post. Great video.
Definitely the “man” that’s for sure EAF! Surprising, but good, to hear that more people are talking about schiff2010. From my understanding, though, this is not an official campaign, but being put together by outsiders trying to convince him to run.
I’m kind of torn between seeing him running for Senate, or continuing to do all the great work that he does now…
Good to see Peter Schiff kicking ass and taking names.
Michael,
Didn’t know it wasn’t his official website. That’s some awesome grassroots support. I’ve never heard of people doing that.
I agree with you that it would be a shame to lose him from his other work. Perhaps a worthwhile loss.
EAF – it sure is amazing how grassroots support takes off for people who stand up for liberty. I haven’t heard anything from Schiff on whether or not he’d actually be interested, but if there was ever a person to carry Ron Paul’s torch, I think Schiff would be the best.
Jonny – it sure is. And seems that every time he’s on one of these shows, he schools everyone else. Every day I’m more and more thankful that we have the internet as a tool to spread these principles through articles, videos, etc. I just hope we can keep the feds away from “regulating” it in the future.
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