Peter Schiff Mortgage Bankers Speech Nov/13/06
Written by admin on February 4th, 2007
My Mortgage Bankers Speech from Nov 13th 2006 is now in one video clip. I gave this presentation at the the Western Regional Mortgage Bankers Conference in Las Vegas. There were over 2000 mortgage bankers in attendance. I also made similar comments when I addressed this conference a year earlier in 2005 at the height of the real estate bubble. For those people who said no one saw it coming, this presentation is a real eye opener. Let’s see if we can get this clip to go viral. Thanks to a …

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February 4th, 2007 at 9:35 pm
Hey Barry,
You should apply for a job at Euro pacific “whatever” lol… Peter might let you get him coffee.
February 4th, 2007 at 9:57 pm
Barry doesn’t seem so eager to have another debate with Schiff anymore. Gee I wonder why.
February 4th, 2007 at 10:56 pm
omg 37:00 only if i heard these words 3 yrs ago…
February 4th, 2007 at 11:40 pm
I guess Peter and Barry never did get back together for another ‘speech’ in later years, eh? Too bad, I’d love to see Barry deal with the egg on his face.
What kills me is how all those so called economists who were so wrong and who laughed at Peter while he was so right, are still to this day the ones everyone is listening to, and they still besmirch Peter.
February 5th, 2007 at 12:21 am
just watched a video of Mike Norman…. ROFL…but at the same time I felt sorry for him, cause it looks like M.Norman is losing it and probably out of job…
February 5th, 2007 at 1:20 am
crazy, i wish i would have watched this video in 2006.
February 5th, 2007 at 2:06 am
Really a fantastic video, these kind of people need to be running our government, Schiff for Senate 2010!
February 5th, 2007 at 2:15 am
Hey Barry how do those words taste now?
February 5th, 2007 at 2:34 am
He’s ahead of him in the latest polls. How does the election work there? He’s with the republicians, correct? How many seats are available?
February 5th, 2007 at 2:55 am
Simple Simon. I hope my Taoiseach gets this and bothers his fat arse to look up Peter Schiff
February 5th, 2007 at 3:27 am
this is one of the funniest things I’ve seen in a long time. I almost get the sense that some of the people in that room were mocking Peter; just a little. So did they end up having a reunion this year like the good Dr suggested?
February 5th, 2007 at 4:27 am
Spot on!
February 5th, 2007 at 4:35 am
The FED is NOT dumb, they are very very clever and calculating. Everything is done for a purpose by them and they intend to crash the currency and then replace it. They work for the small group that run the country and half the world- yes the Rockefellers and Rothschilds. It’s not even about money, so much as it is world power and control
February 5th, 2007 at 5:23 am
Man is Peter right on here………
This should be shown on TV just before the next presidential debates in 2012..
…..or you should be required to watch this and take a test on it before you are allowed to vote…………
February 5th, 2007 at 6:03 am
i recommend Thomas Sowells book – Basic Economics.
Excellent for everyone wanting to understand the workings of market based economy.
February 5th, 2007 at 6:37 am
Does anybody know where to find Barry’s preceding argument? I’d love to compare them.
February 5th, 2007 at 6:52 am
Well I wouldn’t say that timing is crucial. The information that it will happen can save you a lot money. Sure it would be great if you could know WHEN it will happen, but IMO it is very hard to predict and I’m happy just to have the information that it will happen.
February 5th, 2007 at 7:23 am
But if you are using your money in regards to information, timing is crucial. 2 years or 20, it is a big deal when this “forced” event takes place. So far, being a trade what you see and not what you think person, the smart money bet has been to buy dips in bonds (futures). When the rates actually do break out then it will be easy to adjust to the new reality.
February 5th, 2007 at 7:39 am
@
GomersRevenge
rates will go up. Maybe it will take some time, but when inflation kicks in rates must go up.
Schiff didn’t predicted that FED and the government will so dumb that they will react the way they did. In the end it will be a disaster.
February 5th, 2007 at 8:09 am
How could you not love this video. Clarity during the time everyone was in the fog. But the one feature that grabs my attention is when Peter predicts that interest rates would have to go up as well as many other people have.(eurodollar puts have been kaput) But the government is buying its own debt!! Rates are astonishingly low still. The craziness of government makes the prediction business quite difficult. I wish Peter would talk about this factor. Great video!
February 5th, 2007 at 8:15 am
Well its no coincidence that Ron Paul is a brilliant politician coz his economic adviser is guess who, none other than Peter Schiff. : )
February 5th, 2007 at 8:33 am
The problem with Obama was what you just stated, Americans liked what he said and admired him. Peter doesn’t want to be a career politician and isn’t qualified for that job. If you want the best President it is Ron Paul.
February 5th, 2007 at 9:04 am
It is probably the 10th time I watch this speech.
I still laugh about Dr. Know nothing!
Peter should be our president!
He understands the problems!!!!
February 5th, 2007 at 9:12 am
Very interesting viewing. More people should see this. Tyler durden was right.
Advertising has us chasing cars and clothes, working jobs we hate so we can buy shit we don’t need. We’re the middle children of history, man. No purpose or place. We have no Great War. No Great Depression. Our Great War’s a spiritual war… our Great Depression is our lives. We’ve all been raised on television to believe that one day we’d all be millionaires, and movie gods, and rock stars. But we won’t.
February 5th, 2007 at 9:46 am
34:40