Real Estate Predictions 2007

Fair and balanced for Fox News means putting idiots on to spout the party line no matter how insane, ignorant or dishonest. it is unfair and Unbalanced..fox news, who laughs today ..surely not the homeless…

Realtor’s are such a-holes.

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Most of the prediction fails considering the economic crisis face by the U.S in recent years. Fortunately, U.S are now slowly recovering from the past recession.

Thanks my friend Jeff Tumbarello for sharing this retro look at the insanity and for Peter Schiff for being prudent, I will listen to his words intently in the future. :)T

Here you see the prototypical socialist/fascist reactions “Laugh at, Belittle, dismiss and make seem crazy the person speaking truth and presenting reality.” watch the reactions of the media against people who speak against Global Warming, the Healthcare bill, Taxes, etc… then you’ll know who is lying and who is not.

I have seen a similar video “Peter Schiff Was Right”. This one makes me smile as well to see all those professional idiots calling themselves experts, yet clueless about the economy.

…God bless Peter Schiff !

Thank God for Peter Schiff and his insight.

@jvolstad
He looked like some property flipper loaded up with tons of properties.

I’m not a real estate expert. I could see the same things Peter did. I don’t know why so many failed to see the problems. I guess wishful thinking played a big part because most of these people are so deep into the property flipping game. You guys really watched too much property flipping infomercial at night.

Who is this Peter Schiff btw? He’s one of the few who still have a sound mind.

Most speculators thought they could make some quick money by flipping properties. They don’t care they’re getting those TEMPORARILY LOW interests even they knew they couldn’t afford when the low rates expire. By the time their rates get back to normal levels, and their properties are still unsold, they had to run. That’s what happened. Peter was 100% right.

Speculative buyers are the main cause of the unreasonably high prices and crash, with the support of the greedy bankers. Peter was laughed at by the other 2 guys. Look who’s laughing now. I bet those 2 idiots have their properties forclosed already.
In the financial markets, the minority opinion is always right, and the herd of sheep always get slaughtered. You’re the man, Peter.

That fairy is Tom Adkins.

Who is that long haired fruit? A curse on all Realtors!

Watch my video

watch?v=j7I_eFoIk64

It’s about earth shift. Earth shift: One huge continent became 2 continents, then 5 (or 6) and then?

You took his comment out of context. Listen to the whole video; in fact listen to him on his radioshow each wednesday; but most importantly, support him. We need people like him to straighten out this country.

“Is there more money in circulation as a result? No.” If it’s true then I don’t have problem with Schiff but from that video I’ve got probably wrong impression that he supports FRB.

Good God! You don’t understand the difference between FRB and having low reserves.

If I have no money and borrow $100k from someone at 3% interest and I lend that to someone else for 8% interest, I now have no reserves.

Is there more money in circulation as a result? No.

Is there anything illegal happening here? No.

What happens if the guy who lent me $100k wants his money back? I will have to borrow from soneone else; maybe at a higher interest rate or maybe less; that’s my problem

There is NOTHING free in this world.

When bank lends you money that bank doesn’t have in reserves BOTH of you become thieves because you are stealing wealth from rest of society. Repeat it 10 times a day every day until you get it.