Peter Schiff on the latest in the markets..

[desmond]

Ok, he was wrong with the foreign markets, but we will never know how right he could have been with all the money thrown into the housing market by the government along with all the other programs. I did stop listening to him when he was wrong about inflation and he could not change his stance. He was calling the housing bust and getting laughed at by everybody so I kind of feel bad for him now. I never followed his advice.

[SD Realtor]

I disagree Desmond. You cannot excuse him being wrong because many of us rookies here predicted the govt would throw all thier weight behind a reinflation effort. If a boob like me can make a prediction like that back in 06 and 07 I think a “professional” like him could.

[SD Realtor]

I disagree Desmond. You cannot excuse him being wrong because many of us rookies here predicted the govt would throw all thier weight behind a reinflation effort. If a boob like me can make a prediction like that back in 06 and 07 I think a “professional” like him could.

[SD Realtor]

I disagree Desmond. You cannot excuse him being wrong because many of us rookies here predicted the govt would throw all thier weight behind a reinflation effort. If a boob like me can make a prediction like that back in 06 and 07 I think a “professional” like him could.

[SD Realtor]

I disagree Desmond. You cannot excuse him being wrong because many of us rookies here predicted the govt would throw all thier weight behind a reinflation effort. If a boob like me can make a prediction like that back in 06 and 07 I think a “professional” like him could.

[SD Realtor]

I disagree Desmond. You cannot excuse him being wrong because many of us rookies here predicted the govt would throw all thier weight behind a reinflation effort. If a boob like me can make a prediction like that back in 06 and 07 I think a “professional” like him could.

[desmond]

I folded my tent on this guy on my last post, I think you just wanted to talk about yourself, although I do agree with you on your personal assessment. Here, I do not think Schiff got it right after his call of the housing bust, no excuses he is wrong.

[desmond]

I folded my tent on this guy on my last post, I think you just wanted to talk about yourself, although I do agree with you on your personal assessment. Here, I do not think Schiff got it right after his call of the housing bust, no excuses he is wrong.

[desmond]

I folded my tent on this guy on my last post, I think you just wanted to talk about yourself, although I do agree with you on your personal assessment. Here, I do not think Schiff got it right after his call of the housing bust, no excuses he is wrong.

[desmond]

I folded my tent on this guy on my last post, I think you just wanted to talk about yourself, although I do agree with you on your personal assessment. Here, I do not think Schiff got it right after his call of the housing bust, no excuses he is wrong.

[desmond]

I folded my tent on this guy on my last post, I think you just wanted to talk about yourself, although I do agree with you on your personal assessment. Here, I do not think Schiff got it right after his call of the housing bust, no excuses he is wrong.

[4plexowner]

“get all our fuel needs from tar sands and oil shale and coal to liquid tech”

you might want to do some research about the energy (natural gas) required to extract oil from the tar sands – the overall gain in energy is minimal – also, if Canada uses the natural gas to extract oil from tar sands then that natural gas isn’t available for export and a significant part of the north east US is without heat in the winter – then there is the massive amount of fresh water required – tar sands are not the panacea that many people thought they would be – the Chinese just invested $1.5 billion (iirc) in the tar sands but they don’t have the nat gas / water issue because they don’t use Canadian nat gas or water

oil shale – similar issues – is there any net gain in energy by the time we get the oil into a pipeline?

coal to liquid – interesting technology – the challenge with coal is that it can’t be put into a pipeline and shipped around the country – converting coal to liquid overcomes that challenge – so now we have liquefied coal in a pipeline – what do we do with it? – it isn’t a replacement for oil – what is the infrastructure cost to implement this technology? – is it just more pie-in-the-sky thinking like hydrogen powered cars?

[4plexowner]

“get all our fuel needs from tar sands and oil shale and coal to liquid tech”

you might want to do some research about the energy (natural gas) required to extract oil from the tar sands – the overall gain in energy is minimal – also, if Canada uses the natural gas to extract oil from tar sands then that natural gas isn’t available for export and a significant part of the north east US is without heat in the winter – then there is the massive amount of fresh water required – tar sands are not the panacea that many people thought they would be – the Chinese just invested $1.5 billion (iirc) in the tar sands but they don’t have the nat gas / water issue because they don’t use Canadian nat gas or water

oil shale – similar issues – is there any net gain in energy by the time we get the oil into a pipeline?

coal to liquid – interesting technology – the challenge with coal is that it can’t be put into a pipeline and shipped around the country – converting coal to liquid overcomes that challenge – so now we have liquefied coal in a pipeline – what do we do with it? – it isn’t a replacement for oil – what is the infrastructure cost to implement this technology? – is it just more pie-in-the-sky thinking like hydrogen powered cars?

[4plexowner]

“get all our fuel needs from tar sands and oil shale and coal to liquid tech”

you might want to do some research about the energy (natural gas) required to extract oil from the tar sands – the overall gain in energy is minimal – also, if Canada uses the natural gas to extract oil from tar sands then that natural gas isn’t available for export and a significant part of the north east US is without heat in the winter – then there is the massive amount of fresh water required – tar sands are not the panacea that many people thought they would be – the Chinese just invested $1.5 billion (iirc) in the tar sands but they don’t have the nat gas / water issue because they don’t use Canadian nat gas or water

oil shale – similar issues – is there any net gain in energy by the time we get the oil into a pipeline?

coal to liquid – interesting technology – the challenge with coal is that it can’t be put into a pipeline and shipped around the country – converting coal to liquid overcomes that challenge – so now we have liquefied coal in a pipeline – what do we do with it? – it isn’t a replacement for oil – what is the infrastructure cost to implement this technology? – is it just more pie-in-the-sky thinking like hydrogen powered cars?

[4plexowner]

“get all our fuel needs from tar sands and oil shale and coal to liquid tech”

you might want to do some research about the energy (natural gas) required to extract oil from the tar sands – the overall gain in energy is minimal – also, if Canada uses the natural gas to extract oil from tar sands then that natural gas isn’t available for export and a significant part of the north east US is without heat in the winter – then there is the massive amount of fresh water required – tar sands are not the panacea that many people thought they would be – the Chinese just invested $1.5 billion (iirc) in the tar sands but they don’t have the nat gas / water issue because they don’t use Canadian nat gas or water

oil shale – similar issues – is there any net gain in energy by the time we get the oil into a pipeline?

coal to liquid – interesting technology – the challenge with coal is that it can’t be put into a pipeline and shipped around the country – converting coal to liquid overcomes that challenge – so now we have liquefied coal in a pipeline – what do we do with it? – it isn’t a replacement for oil – what is the infrastructure cost to implement this technology? – is it just more pie-in-the-sky thinking like hydrogen powered cars?

[Author]

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