Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Friday, July 31, 2009

Schiff on Fastmoney

SO... Peter Schiff was on Fast money last night...


TIMMY was living up to his southpark name, as he argued that the dollar didn't intermediate Top in March with the market And Weaken.... Even though it did. They even showed a chart which said the opposite of what Timmy was saying.... and yet Timmy somehow managed to dissagree and then state Peter's Case... all at the same time in his fucked up illogical Brain.

Then they made fun of him because he said he had had a great year this year. Basically making fun of his Weak Dollar , Out of the US equities Investing Thesis.

Then the Mentally Challenged of Fast money then pulled out the "hyperinflation Emerging Markets MEME" for the rest of the show.

DO THEY NOT REALIZE THAT THEY HAVE THE SAME THESIS AS PETER SCHIFF.... Weak Dollar,Long Emerging Markets!!

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