We now have a tax cheat running the IRS and the treasury....When we could have had the guy that was laughed at. He called everything that is happening now and they laughed at him.....Since 2006.

Watch this video and tell me this dude got it wrong....I dare you!

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Like I said....We are fucked!!!!!

Just... f'in... wow.  Killer find bro.   

That compilation of clips had my jaw drop.  Peter was spot-on.
Listening to the other pundits mock him, then put out predictions such as a 16,000 Dow in 2008, no housing bubble pop, etc...  is, in hindsight, stunning.

The clip where Stein was pumping Merrill Lynch is extremely ironic.  Just yesterday I jumped into BAC (Bank of America) @ $5.65 (ka-ching... closed at $6.20), battered to that level largely due to their Merrill bailout.  (JOHN THAIN SHOULD DIE IN A FIRE)
On Monday I plan to buy January 2011 BAC LEAPS @ 10 & 12.5... longshots... my version of 'going to the casino'.    

Here is Peter's firms website.
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... and archives to his newsletters.
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Looks like EuroPac is just a specialized brokerage... no funds or ETFs or such.  I wonder if they have managed portfolios?

I gotta run out, but later I will look into performance numbers on his suggestions. 

FramCire wrote on Jan 24^th, 2009 at 1:08pm:


Here, watch this video and you will know just who made you laugh less....LOL (Look for the D or R before the name)

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Lobster wrote on Jan 24^th, 2009 at 11:43am:


Just reading this whole thread (good video find btw) makes me realize how good the liars in the industry of finance are - they do what they need to do to make a few mil extra.  Perpetuating the lies of how good the economy is, or a particular "financial" like Merrill is, when people in the know are shorting the very same thing they're pushing, and making profits that are obscene.  I'd be curious to know of Ben Stein did the same thing that I saw so many in this industry doing when Lehman was at 5 bucks or so on a Friday before the shit hit the fan.  That was before the brakes were put on shorting, but by that time, millions were made.  That's why even though a ton of people in finance have lost their 15-20 years jobs in droves, some of them ain't so sad.  They are STILL getting packages (so don't believe the hype), and relaxing somewhere on beaches, or some remote and obscure getaway, and re-connecting with old adversaries or old mentors, partners, and what have you.  They will be fine.  the sand castles just finally came tumbling down, but they'll just find another good spot.. And the lies will go on.  

The public gets sold the lie, whether they want it or not. You know a company is not in terribly dire straits if the CEO is crying about how there's "blood on the streets" so raises and bonuses shouldn't be expected - then takes his family on a private jet, to and fro a private island.  It's garbage, and so the little guy continues to bust his hump and pray that things stay the same and don't get worse.  They ALL knew it was coming, just banked on keeping the lie alive until they could make the big buy.  You'll see a few books coming out about the forecast on this crash, and who what and why it wasn't so shabby for the big players..these guys will sell that to you too LOL!

As Public Enemy once said.. "Don't believe the Hype!"

Pep