Comments on: Nov 2006 Peter Schiff Mortgage Bankers Speech Part 3 of 8

By: mrchekky

mrchekky — Thu, 16 Apr 2009 05:54:55 +0000

clap clap, 8:20 mark. very cleaver

By: vincentca2004

vincentca2004 — Tue, 14 Apr 2009 19:07:07 +0000

these set of videos are so important, the ppl in that room are so blessed to get this information!!! I bet at least 80% of them took this and did not end up as bad as the rest of the mortgage brokers and agents. The base line is that everything in the world is a balance and when there is a lot of something at a place, that same thing is decreasing at the same rate somewhere else…

By: vincentca2004

vincentca2004 — Tue, 14 Apr 2009 06:44:04 +0000

Im so happy that i am still 21 and got to listen to Ron Paul, Peter Schiff, Jim Rogers, Rothbard, Mises and god bless the internet .

By: SouthAuck

SouthAuck — Mon, 13 Apr 2009 01:46:20 +0000

This man is a breath of fresh air, but I disagree with his comment at 8.55 about dividends. Quote “If you don’t get a good dividend, then you’re overpaying for the stock”. There are many quality companies out there that retain dividends to further grow the company, and pay minimal dividends. These companies will grow more than a 7,8 or 9% dividend. Its not all about yield, ask Warren Buffett.

By: trxtan1

trxtan1 — Sun, 12 Apr 2009 21:21:29 +0000

hmmm… tokpu?

By: noraklagrangian

noraklagrangian — Fri, 10 Apr 2009 08:44:05 +0000

Fair point, but dividends are real. It is money in your hand. It’s an easy way to figure the value of a stock. If you buy small cap or growth stocks then you may make a mistake about the future or the company may squander the money e.g. on executive wages. There’s nothing wrong with growth stocks but dividend stocks are safer.

By: noraklagrangian

noraklagrangian — Wed, 08 Apr 2009 21:07:39 +0000

Right after 9/11, Americans seem to have lost the plot. They elected George Bush who doubled the national debt and then they buy houses thinking they didn’t have to work anymore because the house was like some sort of money tree. Learn from your mistakes.

By: madridisinSpain

madridisinSpain — Sun, 05 Apr 2009 09:36:22 +0000

The most amazing thing of this guy is that he is just talking with common sense. Everyone can understand this. But why on earth nobody saw this coming?

By: Wcoltd

Wcoltd — Thu, 02 Apr 2009 10:34:50 +0000

Because they didn’t want to believe it, they were living in some kind of fantasy, its kind of this mass mentality of greed.
Some people are going to be saying this again, because this “crisis” hasn’t even hit us yet, remember 70% of GDP is consumption, AND the Debt to GDP level is STILL 64%, so when consumption reduces in this crisis, DEBT to GDP is probably more accurately exposed to something like 250% or even higher, and since we don’t have the infrastructure to work.

By: imaginator

imaginator — Mon, 30 Mar 2009 04:45:27 +0000

China should pull the plug on america. Then take over as world number 1.