Peter Schiff - Hard-Money Bank

[northeast]

I do remember Duck Rodgers telling me gold would continue meteorically climbing for at least another 5 years.



This is not intellectually honest on your part northeast.

Cheap shot.
Point out one thing I said that was dishonest.
I am tired of reading more sources.
I am the only person who listened to all the freaking videos, and talked about what was in them.
Did you listen to the videos?
Don't send me to any more sources.
You tell me what I said that was dishonest.

 

[franklin]

I doubt that. Meteoric implies that I think something would go straight up for an extended period time. I don't think I ever had problems with the idea of pullbacks happening in gold as long as the trajectory hadn't changed, but apparently you guys are the ones that are saying that it's not going any higher now, and I obviously would never endorse that view. You can buy gold until there is none left clear up until there is a major restructuring.


And you guys are still up in the night if you think that somehow you would have magically held onto a short position while gold went from 1400-1900 + before it pulled back. I know 0 people that would allow that kind of bleeding. And even worse, it's still above where it was in Jan '11 so you guys would still be losers today had you held it for 20 months. Or are you trying to make us believe that you would have hit the peak and shorted then? Because I believe that about as much as I believed Vinylone when he said he got out of his Silver at the very top the day before it dropped 15% a few days after it happened.

As long as it's between serious posters--

I was pretty clear that I needed the right setup for a short. Production costs, commodity dynamics, & government purchases limit the potential too much to stamp a guarantee on timing gold's fall other than a perfect setup. I've also ran some worst case back testing on averaging in over the period since the last top & the return was somewhere in the 8's (prior to the last extra 20% or so)--much of the dynamic of this bull tear was the incredibly low levels it reached & how that rise might influence investor perspective. Saying gold going is going back to $200 is extreme. Thinking somewhere in the $900-$1200 range leaves some room for opportunity.

I'll go on record with a pair of gold around $1650-17 & Dow around 12 being a good short-long leveraged strategy. Don't be surprised if this comes out as a hedge fund crowded play--& that's where the goldbugs start blaming their losses on that dirty old George Soros.

 

[Dr. Jones]

You are lying.
Point out one thing I said that was dishonest.
I am tired of reading more sources.
I am the only person who listened to all the freaking videos, and talked about what was in them.
Did you listen to the videos?
Don't send me to any more sources.
You tell me what I said that was dishonest.

I bet northeast is the fastest typist on Jazzfanz. When he types, he gets an auto-complete;

Y= You're a liar.
R= Republicans fault.
I= Idiot!
A= Answer the question!

 

[northeast]

...
I have not looked into his specific offerings.

yea, that was a fun video...
.

He got some things wrong, but taken as whole, he was more right than wrong,...
based solely on the videos I have seen posted in this thread. ...

2002 is cherry picking a year to make him look bad, and even in that year, he gave good advice.

thanks Larry.
according to the video, Peter was saying to shift assets to international equities and bonds and commodities in 2002 (not just gold) ...
.

...
I am just going by the videos in this thread from 2002, 2006,2007, 2008...
He was not gold mongering in the 2002 video....
His advice of what to do in those videos would have made people a fortune, IF they did what he said to do in those years.

evidence that I qualified my statements, specifically talking about THE ADVICE HE GAVE IN THE VIDEOS

I demand an apology and admission of improper slander from the lawyer. His evidence is irrelevant and inadmissable, because I stated that my conclusions were based solely on the videos in the thread. There is no intellectual dishonesty on my part.

 

[UGLI baby]

TroutBum=northeast?

 

[Dr. Jones]

 

[northeast]

also, Y I A I A A A A Y A

 

[northeast]

i bet northeast is the fastest typist on jazzfanz. When he types, he gets an auto-complete;

l= you're a liar.
i= idiot!
a= answer the question!
r= republicans fault.

improved

 

[Dr. Jones]

improved

Nice work! Too bad, you have the makings of an entreprenuer ..

 

[northeast]

There were multiple reports that Europac clients lost anywhere from 40-70% of the value of their accounts in 2008; the year that Schiff should have been the theoretical best possible money manager given that he was "calling" the bubble burst and supposedly pushing gold for his clients very hard.

so what....stocks went down 40-70% that year.

how many clients lost that much?
How many did better?
Why weren't they holding more gold like he told them to?
Why aren't they thanking him for all the money he made for them in the years previous and years since?
What did he tell them to do, when did he say it, and did they do what he said?
Could it be that the press just wants a story ?
Could it be some lawyers just want a fee?
Could it be that some other jealous experts want to knock him?

All that aside, all I said is that based on the videos in this thread, the advice he made in those years was good advice, if people did what he told them to.
Prove me wrong.

 

[northeast]

Also, your source Mish doesn't provide facts, just his own suppositions.
He gives no answers to questions like the ones in the previous post.

 

[northeast]

Your second source did not reveal anything surprising to me, except it clarified that he was not managing the accounts, he was just a stockbroker. His clients were all making their own investment decisions. I wouldn't expect that all 10,000 of them would have done great in the craziest market of our lifetimes.

 

[sirkickyass]

I doubt that. Meteoric implies that I think something would go straight up for an extended period time.

4-30-2011: "I don't think Gold is going down anytime soon, but silver could be wild."

The peak was about four months later and it's fallen about 10% since then.

I'm having a little problem finding the five years thing. I think it was in a PM but I'm not totally sure. There are a LOT of deleted Duck Rodgers messages in threads that talk about Gold circa late 2010 and early 2011 so it's possible it's in one of those. I can view deleted posts but I can't search the text of them automatically and I have to go through them one by one. Example: https://jazzfanz.com/showthread.php?2620-Stock-Picks

EDIT: There's something like 200 deleted posts, so I'm not going to go through them all. I'm willing to call that particular claim a wash.

 

[sirkickyass]

Northeast is kind of foaming at the mouth apparently. Believe whatever you want to believe dude. I think the way you're approaching this is pre-determining the outcome because you believe all the positive spin and discount entirely any evidence of negative results. Right off the bat the idea that he could have produced negative results in the bust year is so counter to your narrative that you're just baldly stating that anyone that lost money wasn't really following his advice. That's why I'm saying you're not being intellectually honest about it. You've bought the hype. I hope you see great success investing with Euro Pacific.

 

[northeast]

Northeast is kind of foaming at the mouth apparently. Believe whatever you want to believe dude. I think the way you're approaching this is pre-determining the outcome because you believe all the positive spin and discount entirely any evidence of negative results. Right off the bat the idea that he could have produced negative results in the bust year is so counter to your narrative that you're just baldly stating that anyone that lost money wasn't really following his advice. That's why I'm saying you're not being intellectually honest about it. You've bought the hype. I hope you see great success investing with Euro Pacific.

god damn you are both lying and stupid...
read the thread and stop making stuff up.
every sentence you just made is a lie or baseless supposition
you've disregarded 90% of my statements
continue to disregard the questions I posed to you if you are too lazy
since they all prove you wrong, just
show us one thing I said in this thread that is not true, and
show us one piece of evidence in this thread for anything you just said about me.

 

[sirkickyass]

Totally not foaming at the mouth. My bad.

 

[northeast]

that's exactly what I expected you to say...
show us one thing I've said about the topic that is not true and intellectually honest
give some evidence instead of just making things up
try using the quote function ... it is a wonderful tool to help you stop lying.

 

[Dr. Jones]

Twice daily I switch back and forth from knowing northeast is an alt account that is quite brilliantly trolling as a completely intellectually bankrupt person, to then believing there's no way anyone is smart enough to play so dumb.

So kudos to whomever is pulling off such a masterpiece.

 

[northeast]

Northeast is kind of foaming at the mouth apparently. Believe whatever you want to believe dude. I think the way you're approaching this is pre-determining the outcome because you believe all the positive spin and discount entirely any evidence of negative results. Right off the bat the idea that he could have produced negative results in the bust year is so counter to your narrative that you're just baldly stating that anyone that lost money wasn't really following his advice. That's why I'm saying you're not being intellectually honest about it. You've bought the hype. I hope you see great success investing with Euro Pacific.

pre-determining the outcome ? my assumptions were fully disclosed, How are you too stupid to understand "based on the video"? I did not select the videos, but I did look objectively at all the evidence presented, unlike you, including all the videos and all of your sources. The 2002 video was presented by someone else as evidence meant to discredit Peter.

because you believe all the positive spin ? wrong, give some evidence

and discount entirely any evidence of negative results.? Lie. Give us real evidence. I addressed your evidence, it is totally consistent with my statements

Right off the bat ? Incorrect.

the idea that he could have produced negative results in the bust year ? totally false representation of my statements , use the quotes liar

is so counter to your narrative that you're just baldly stating that anyone that lost money wasn't really following his advice?
Only if they did what he told them to do based on his recommendations in the videos from 2002, 2005, 2006, 2007 only . Only for a 10 year period, not just 2008. I said he was not perfect. I never pretended to know what other advice he gave other than those videos, only you are doing this. liar

You've bought the hype. ? No , you've bought the anti hype. Your expectations of perfection are unrealistic. Read the damn thread.

I hope you see great success investing with Euro Pacific ? Liar, I said I did not invest with him.

 

[sirkickyass]

Twice daily I switch back and forth from knowing northeast is an alt account that is quite brilliantly trolling as a completely intellectually bankrupt person, to then believing there's no way any way is smart enough to play so dumb.

So kudos to whomever is pulling off such a masterpiece.

You should have seen the post he deleted.