On Demand
The Golden Rule
Thursday, January 03, 2008
Peter Schiff, president of Euro Pacific Capitol and Sam Chandan, Chief Economist at Reis on the discrepancy between the price of real estate in Gold and in Dollars.
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Comments
Please don't invite Peter again- his obnoxious radio manner stopped me from trying to follow his points.
Peter Schiff is right on! This credit system is coming to an end. The rest of the world knows that. Sam Chandon lives in a NYC real estate dream world. His paycheck comes from real estate broker fees, and he doesn't want to see that end!
Sam Chandan does not work for a brokerage firm Mr BB. Check yourself.
I must say that afer listening to Peter Schiff's argument, he's rihgt on point! While he does use strong language to discribe his predictions of the the US economy, we are in fact seeing signs the fallout to come.
Boy what a reality check Peter is. He tells it the way it really is. I try to catch all his stuff Fox Nerws & You Tube. Go check with Mom & Pop down the grocery store they will tell you what's happening to the dollar! it's tanking. Thought for the day who is going to buy a property this year when any fool can see the prices are quickly moving south. Asking a realtor's opinion is like asking Turkeys to vote for christmas
Have a nice day
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