2/27/2008- Part 1 Ron Paul Advisor Peter Schiff On FOX
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She's got big cans.
Next Day... Dow loses 325 points. Good call Mike.
Peter Schiff is great but i think he is to optimistic about the financial system.
Check out the link in my channel if you want to see the best gold/silver/dollarindex chart.
And sure, there is war on Iraq, and China economy is growing. But we are seeing price increases across the board, coupled with easy credit, the evidence doesn't seem to support Norman as the main culprit. I don't think however you guys should be as fast to pass a stupidity certificate to the guy, if you want to be taken seriously by ppl.
'Oil prices are causing inflation'. that is like the tabacco industry that say people with cancer are drawn to smoking. Smoking doesn't cause cancer.
Mike Norman is a contrarian ass clown. Disinformation agent, or just a god damn idiot.
Higher oil prices does not cause inflation. Producing more 'money' in circulation creates inflation...and leads to higher oil prices...got it..?
It is bass ackwards.
Hey ,moron....what A19z89 means is...that "it is like saying that -all cancaer patients are drawn to smoking ,instead of understanding the concept the right way i.e smoking causes cancer" To conclude- Inflation or increased money supply creates demand artificially and increases the market price of commmodities"
Get it?!....
If you will direct your 'eagle like' eyes down below A19z89s second comment, you will see I realized what he was sayin, and retracted it, like 3 WEEKS ago...!!
So thanks for taking the time to clarify Nothing at all... geez...
I just wanted to show how we react to things in haste
Seriously, you're on my side of things here, so no ill will on my part....