Peter, I've been a fan for a while. But there is something that I would like to understand. You have been advocating Puerto Rico as a "tax safe haven", yet Puerto Rico announced it will not be able to pay it's debt? You advocated Puerto Rico. How do you explain that?
I still have the newsletter you sent subscribers back in March saying that American Debt is bad, so move to Puerto Rico. Hopefully your investors didn't get burned badly with the Puerto Rican muni-bonds.
Peurto Rico already has very large outflows of emigration to the mainland US as it is now. After a default, even more Peurto Ricans are going to want to leave which will further dry up tax revenue in the island. The future doesn't look very bright for them. I'm sure there will be plenty of opportunities for cheap vacations though. There's always a silver lining.
That referendum about being dumped was hilarious. LOLOL
Girlfriend – I am dumping you Boyfriend – Okay, well, I am going to first have a referendum with myself to decide whether I am accepting being dumped or not.
Greece never should have been in the euro, and the euro never should have existed…but I think Greece leaving would benefit the EU..bunch of lazy socialists who want to be in the EU but still want there cradle to grave welfare state…economically illiterate idiots
The Fed Will raise rates. They are maniacally intent on raising rates. The data has been horrific, yet the Fed continues to talk about raising rates. NY Fed President Dudley said today they will raise rates in Sept unless Greece is an issue. The Fed needs to make the US seem "prudent"; an entity that pays interest and is in great shape vs the other countries. (all false but that is the perception they are trying to create) De-dollarization is a real threat. A rate hike counteracts de-dollarization.
Peter was right about Fed hike bluff back with his prediction last fall; when the Keynesians where having an ape-fest; gluttony on freshly printed money. So I trust you on Puerto Rico too Peter.
It looks like Greeks are or will saying no to austerity and no to loan deal but at the same time asking lenders to lend. It's like saying loan me money but I don't pay you back and you must loan me as you don't have other choice. It's nonsense.
If jews so smart, smartest,,then jew state would be empire long ago like Empire of China, or China has been superpower long before usa even exist 2000 years ago while 2000 years ago jews lost their nation n be slaves to Egype. Jews are smart but still not as smart as oriental people, smartest, or people from closer to east of asia, people become smarter, so naturally Japanese, thats y japan is most highly technological nation n wealth for state smaller than California but economy, wealth n power as usa state n more. The reason jews get lot name, reputation, credit due remember what I said, jews as beneficial ofbsuperpower wealth n power to get to top n vice versa, usa get brain from jews, but reality asians in usa are main contributions for usa success, power, high tech, creating most productive business, wealth, investment, inventions, tax, engineers, services, culture, food, fun, festive n faith. If white n jews so smart,,then y Europe not superpower where little asians, or most usa busines, wealth n high would be in mostly wh7tes n jews but in mostly asians n Chinatown like New York, California etc…
Gold bugs take note of this. Greece is on the verge of default and your precious gold hasn't done shit. Up a tiny bit today but bitcoin is up over $20 in the last week and rising fast. Right now bitcoin is up over $265.00. The reason bitcoin is rising is because of the turmoil in Greece and people over there are starting to use it. Nobody wants that stupid fucking useless gold
Peter, I've been a fan for a while. But there is something that I would like to understand. You have been advocating Puerto Rico as a "tax safe haven", yet Puerto Rico announced it will not be able to pay it's debt? You advocated Puerto Rico. How do you explain that?
I still have the newsletter you sent subscribers back in March saying that American Debt is bad, so move to Puerto Rico. Hopefully your investors didn't get burned badly with the Puerto Rican muni-bonds.
Peurto Rico already has very large outflows of emigration to the mainland US as it is now. After a default, even more Peurto Ricans are going to want to leave which will further dry up tax revenue in the island.
The future doesn't look very bright for them. I'm sure there will be plenty of opportunities for cheap vacations though. There's always a silver lining.
I can't wait to see what the fed comes up with this time. it's been 9 years TODAY since they last raised interest rates
That referendum about being dumped was hilarious.
LOLOL
Girlfriend – I am dumping you
Boyfriend – Okay, well, I am going to first have a referendum with myself to decide whether I am accepting being dumped or not.
Greece never should have been in the euro, and the euro never should have existed…but I think Greece leaving would benefit the EU..bunch of lazy socialists who want to be in the EU but still want there cradle to grave welfare state…economically illiterate idiots
The Fed Will raise rates. They are maniacally intent on raising rates. The data has been horrific, yet the Fed continues to talk about raising rates. NY Fed President Dudley said today they will raise rates in Sept unless Greece is an issue. The Fed needs to make the US seem "prudent"; an entity that pays interest and is in great shape vs the other countries. (all false but that is the perception they are trying to create)
De-dollarization is a real threat. A rate hike counteracts de-dollarization.
The best thing about using gold as money, is you won't have to see the picture of some ugly hag on the $10 bill.
Puerto Rico surprised me…but it just shows you NO NATION is safe from the derivative monster
Greece will not exit the Euro.
Peter do you and your businesses not reside in Puerto Rico now. You better get to that ATM machine sharpish……
Peter was right about Fed hike bluff back with his prediction last fall; when the Keynesians where having an ape-fest; gluttony on freshly printed money. So I trust you on Puerto Rico too Peter.
Peter didnt' mention the one currency that seems to be doing really good in these times. Come on Peter you know what it is. tsk tsk
Get some food, cash, silver, gold and bitcoins.
It looks like Greeks are or will saying no to austerity and no to loan deal but at the same time asking lenders to lend. It's like saying loan me money but I don't pay you back and you must loan me as you don't have other choice. It's nonsense.
If jews so smart, smartest,,then jew state would be empire long ago like Empire of China, or China has been superpower long before usa even exist 2000 years ago while 2000 years ago jews lost their nation n be slaves to Egype. Jews are smart but still not as smart as oriental people, smartest, or people from closer to east of asia, people become smarter, so naturally Japanese, thats y japan is most highly technological nation n wealth for state smaller than California but economy, wealth n power as usa state n more. The reason jews get lot name, reputation, credit due remember what I said, jews as beneficial ofbsuperpower wealth n power to get to top n vice versa, usa get brain from jews, but reality asians in usa are main contributions for usa success, power, high tech, creating most productive business, wealth, investment, inventions, tax, engineers, services, culture, food, fun, festive n faith. If white n jews so smart,,then y Europe not superpower where little asians, or most usa busines, wealth n high would be in mostly wh7tes n jews but in mostly asians n Chinatown like New York, California etc…
The mask is slipping off of the fake recovery.
Thanks a lot, Peter…I have been subscribed to your channel for awhile now and I always love your videos.
Gold bugs take note of this. Greece is on the verge of default and your precious gold hasn't done shit. Up a tiny bit today but bitcoin is up over $20 in the last week and rising fast. Right now bitcoin is up over $265.00. The reason bitcoin is rising is because of the turmoil in Greece and people over there are starting to use it. Nobody wants that stupid fucking useless gold