iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,426 Blog Posts

CNBC Host Attacks Peter Schiff for His Bonds

Only in the world of finance is this remotely interesting. They were having a heated debate about the Fed and how Peter Schiff believed there was no way in red hell they’d hike rates again, until Scott Nation stepped in with soviet era styled propaganda, maligning one of Peter Schiff’s bondless bond funds.

S. Nation discussed how fucked up Schiff’s dystopian world view was, as we suck the tarmac off all time, record, highs, and they were having a very cordial back and forth, with Schiff repeating his end of days jargon etc. Then Mr. Nation upped the rhetoric and totally shit on his underperforming bond fund.

You best diversify your bonds, Peter.

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One comment

  1. metalleg

    Scott Nations is a douche bag extraordinaire.

    Regardless of what you think about Schiff, you don’t bring a guy on your show and then shit on him and that’s exactly what Nations tried to do.

    Schiff did a pretty good job of deflecting. He will ultimately be right but we all may be dead by then.

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