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Apologies to Archie but this MUST be seen!

grac's picture

Have just been reading David's excellent blog while the clock ticks down toward home time and Word Blog contributor Archie has posted this link. It has to be seen to be believed. The guy is RIGHT on the money. Some of the tickers are funny too - check how much the Dow was worth at this time. I Goggled his prediction on gold and although not a $1000 an ounce it is at $800, a 30 year high! The guy is awesome and especially as he sticks to his guns while EVERYONE is laughing at him. Darling should get him on the first plane over here and give him whatever he asks for to plot the way forward!


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I hope he took that guy up

on that 'more than a penny' bet. Watching those meatheads chuckle at him like a bunch of schoolyard bullies - i don't often hope that people lose their shirts over things but those buggers deserved to!

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DogFacedBoy | 25 November 2008 - 5:15pm

He does seem to know his stuff

would we be posting this if things had gone differently?

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Chris G | 25 November 2008 - 5:34pm

No

'cos then he wouldn't know his stuff.

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Leedsboy | 25 November 2008 - 9:15pm

Humble pie

I'd love to see some YouTube clips of these people being reminded of their complacency and gobbling humble pie. Especially that idiot Ben Stein.

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Nick White | 25 November 2008 - 6:04pm

Who the hell is that longhair?

He looks like a member of a Lynyrd Skynyrd tribute band. No wonder he was talking bollocks.

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Patrick Crowther | 25 November 2008 - 8:33pm

Well as Fox News used Ted Nugent

as a political commentator during the recent election campaign I'm guessing the guy may be either a member of Poison or Warrant

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DogFacedBoy | 26 November 2008 - 12:23am

While we're talking economics

I just spotted this huge poster on the main shopping street in Reykjavík. Apologies for the poor quality of the shot.
Image

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Fraser Lewry | 25 November 2008 - 10:43pm

Surely

that credits him with more power than he actually has.

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Leedsboy | 25 November 2008 - 11:03pm

Morrissey

Gordon Brown is looking more and more like Morrissey dontcha think?

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kb | 26 November 2008 - 10:58am

Well that's two staples of my life gone

First the Labour party and now the Mozzer. It's bad enough I can't hear the phrase 'Gordon Brown' without singing 'texture like sun' immediately after, now I will think of him when I listen to the Smiths.

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Leedsboy | 26 November 2008 - 11:03am

Ben Stein has apologised to

Ben Stein has apologised to him

"here’s a lesson I learned in a 12-step program and should have learned better: avoid contempt prior to investigation. When the financial stock meltdown started, I was on a television show with Peter Schiff of Euro Pacific Capital, who warned that Merrill Lynch could be in very bad shape. I glibly said that I thought that its problems were limited and that the stock was a buy. Mr. Schiff was completely right and I was wrong. I had no idea that Mother Merrill, where I have been a happy stockholder for years, had been turned into a such a wild house of high-stakes gambling. I apologize to Mr. Schiff for my dismissal of his views, which turned out to be far superior to mine in this area. (I could do without his acolytes sending me endless hate mail, though.)"

http://www.nytimes.com/2007/12/09/business/09every.html?r=1&ref=business...

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Extra Texture | 26 November 2008 - 1:52am

Apology accepted

Now I'd like to hear Stein making a similar apology to Charles Darwin, someone else with views far superior to his own.

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Nick White | 26 November 2008 - 8:15am

This is Schiff talking about next 4 years

If you don't want to see the results, look away now.


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kb | 26 November 2008 - 2:33pm

oh bollocks!

Just as I was beginning to like the guy he turns out to be Reganite dick!

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grac | 26 November 2008 - 2:45pm

Exactly...

... the interesting thing about the first video compilation isn't that one economist was right it was that every other one was so wrong.

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Nicodemus | 26 November 2008 - 4:54pm

I'm no economist...

But might he not have a point? Perhaps someone with a better grasp of this situation than I can explain: why do all the rescue packages, the cuts in tax, the drops in interest rate etc seem to be encouraging us to persevere with the kind of high-risk, spend-spend-spend philosophy that got us into this mess in the first place?

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Fraser Lewry | 26 November 2008 - 9:30pm

But what if he's right?

Does his political orientation still bother you?
After all, you don't come across many bleeding heart liberals in the stock-tipping game.

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David Hepworth | 27 November 2008 - 2:13pm

Point taken but ...

old habits die hard. For me Left is right and Right is ALWAYS wrong! Still, he certainly seems to know his onions

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grac | 27 November 2008 - 3:55pm
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