Sunday, December 21, 2008

Peter Schiff and Ron Paul

I have been going back and forth on whether to post this video. It is a video of various clips and quotes from Ron Paul, Peter Schiff, and a few others predicting what is happening and how will it play out. I have been reluctant to post the video because it is sensationalist and meant to engender fear. However, if you can avoid an emotional reaction, it contains alot of truth and is a pretty good video. The problem is the average American and individual investor will react, most likely incorrectly, fear. Fear is nobodies friend unless you find yourself in safari Africa faced on foot with a lion. Fear is an investment destroyer because it makes you do irrational things with money. So anyway watch the video but take away the nuggets of truth, not a tsunami of fear.

http://www.youtube.com/watch?v=0w9j_t4AaH0

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