Avernus Posted June 1, 2009 Share Posted June 1, 2009 I don't even read this crap anymore. I've come to realize the no one has a very good handle on this stuff. I'll keep putting my 401k's into index funds ad spending the bulk of my time and money developing land. That being said it is comforting in a masochistic way to know that the denizens of the tailgate have as good of a handle on the economy as Geitner, Obama, and Buffet. the only analyst I find myself agreeing with is Peter Schiff....he's been right about our economy for the past couple of years now and manages to hit the nail on the head continuously...and somehow manages to...continuously get laughed at by other guests on the same panel....while getting the last laugh after they end up being dead wrong.. Quote Link to comment Share on other sites More sharing options...
AtomicCEO Posted June 1, 2009 Share Posted June 1, 2009 As opposed to listening to folks who've never actually held gainful employment in their entire lives? I mean, if you don't like working for rich folks you can always go ask a poor person for a job. This is stupid, even for you. Quote Link to comment Share on other sites More sharing options...
westvirginia Posted June 1, 2009 Share Posted June 1, 2009 This is stupid, even for you. Pray tell how so, ginger? If the obamessiah and his tax-cheat in chief have ever held real jobs outside of gov't or quasi-gov't organizations I don't think I've heard of it. Quote Link to comment Share on other sites More sharing options...
tonorator Posted July 2, 2009 Share Posted July 2, 2009 the only analyst I find myself agreeing with is Peter Schiff....he's been right about our economy for the past couple of years now and manages to hit the nail on the head continuously...and somehow manages to...continuously get laughed at by other guests on the same panel....while getting the last laugh after they end up being dead wrong.. listen to how they laughed. good ol' ben stein was pushing merrill in the 70s ... Quote Link to comment Share on other sites More sharing options...
Avernus Posted July 2, 2009 Share Posted July 2, 2009 listen to how they laughed. good ol' ben stein was pushing merrill in the 70s ... the only thing I disagree with is his position with Euro Pacific....his calls on our economy were head on, but he doesn't seem to give very good investment advice..... Quote Link to comment Share on other sites More sharing options...
Avernus Posted July 2, 2009 Share Posted July 2, 2009 this is a video that Peter Schiff made yesterday, definitely worth watching... Quote Link to comment Share on other sites More sharing options...
wiegie Posted July 3, 2009 Share Posted July 3, 2009 his calls on our economy were head on, but he doesn't seem to give very good investment advice..... which can really on mean that his calls on the economy were not head on at all Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted July 3, 2009 Share Posted July 3, 2009 which can really on mean that his calls on the economy were not head on at all By that way of thinking, you should be rich as hell right? I only know one economist in real life (in a personal setting), but I took two micro and a macro class back in the day from two different professors. None of them were wealthy. The only wealth economist I know of is Ben Stein, and he didn't make his money as an economist. Quote Link to comment Share on other sites More sharing options...
wiegie Posted July 3, 2009 Share Posted July 3, 2009 (edited) By that way of thinking, you should be rich as hell right? I only know one economist in real life (in a personal setting), but I took two micro and a macro class back in the day from two different professors. None of them were wealthy. The only wealth economist I know of is Ben Stein, and he didn't make his money as an economist. I am smart enough to know that I can't beat the markets. I put my money in mutual funds and index funds. Most economists that I know of don't play around in the markets either. (I'll also note that if I were in it to get wealthy, I would never have become a professor.) Edited July 3, 2009 by wiegie Quote Link to comment Share on other sites More sharing options...
H8tank Posted July 3, 2009 Share Posted July 3, 2009 (edited) (I'll also note that if I were in it to get wealthy, I would never have become a professor.) How's that 'ol sayin go? Those who can, do. Those who can't, teach. Those who can't teach, become economic professors. Edited July 3, 2009 by H8tank Quote Link to comment Share on other sites More sharing options...
wiegie Posted July 3, 2009 Share Posted July 3, 2009 How's that 'ol sayin go? Those who can, do. Those who can't, teach. Those who can't teach, become economic professors. As long as I am getting paid, that works for me. Quote Link to comment Share on other sites More sharing options...
Avernus Posted July 3, 2009 Share Posted July 3, 2009 which can really on mean that his calls on the economy were not head on at all that's not true....his opinions on silver and gold are correct, but the tips he has given as to which ETF's to buy were poor decisions.. you should watch his videos rather than listen to what I have to say...because he was the one analyst saying not to buy houses or stocks back in 06/07 while everyone else including Ben Stein called him crazy and laughed at him....they were all saying that it was a great time to buy into Goldman Sachs, Washington Mutual....etc. etc. but they were the ones that were dead wrong.. Quote Link to comment Share on other sites More sharing options...
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