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Peter Schiff Was Right!

December 28th, 2008 by Eliyah Finkelstein


In this priceless video you will see a few Keynesian folk recommending stocks. Here are the stocks they recommend with their 52 week low at the time of the interviews:

Washington Mutual - 13.07
Goldman Sachs - 145.66
Merrill Lynch - 55.96
 
Here are their current stock prices:
 
Washington Mutual - .1604
Goldman Sachs - 75.97
Merrill Lynch - 11.43
 
Peter Schiff recommends GLD (gold) which had its 52 week low at the time of the interview at 83.00. It’s current price is 85.60.
 
Looks like Peter Schiff was right!
 
2 Responses to “Peter Schiff Was Right!”
  1. EF Says:

    Good stuff. It’s amazing that he still gets marginalized in the media after so correctly predicting this crisis. Shows you that our media might not be as free as we thought.

  2. Peter Schiff Was Right! — Populist Party Blog Says:

    [...] Eliyah Finkelstein, with a great post, at Restoring the Heart of America: [...]

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