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The Great Commodities Debate

  
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Clash Of The Titans
Wednesday, 11 June 2008 14:11

Are We in a Commodities Bubble?
A Webinar Debate Amongst Experts


Join HAI's very own Mike Norman and Europac's Peter Schiff as they go head-to-head to debate the hottest topics in the commodities marketplace today. Moderated by Brad Zigler, this event is one not to be missed.

Not only will Mike and Peter battle it out to determine commodities supremacy, but they will also answer your questions – and it's all live!

When: Tuesday, June 24 at 1:00 pm (EDT)
Where: Online
Why: To keep you informed!

Bring your lunch – or breakfast depending on your time zone – for what is sure to be an hour of debate, deliberation and controversy.

Space is limited to only 100 people (first come, first served). We apologize but this event is full and we are no longer taking registrations. Make sure to come back June 25 to see a recording.

This event is easy to access from your computer (no special software or downloads are required), will include a number of interactive features, and is free of charge. A replay will be available on HAI after the webinar has been conducted.

If you have any questions about this event, please contact us.


Want to get a taste of Mike's and Peter’s views? Read below to get a sample from their previous debate on HAI, The Gloves Come Off:

Mike Norman

vs.

Peter Schiff

"When you say gold is money, we don't actually go and use gold to purchase things.

You don't go to the supermarket with a bunch of gold coins, and indeed, even in some of these countries where gold traditionally has been money - like India - they're moving more to a credit-based money the same as what we have here in the United States."

 

"Our whole credit-based economy is imploding around us. We need the discipline of gold. We just can't keep printing money; that's how we got into this mess. We have a giant credit bubble that has now burst. Americans have been borrowing and spending money they didn't have; we've been buying products we didn't make. This whole thing is collapsing and it's going to show the fallacy of the central banker and why we need the discipline of gold."



Mike Norman
has been an active trader, exchange member, money manager, broker and market analyst since 1980. An economist by training, he spent his early years at a major U.S. brokerage firm where he successfully developed hedging strategies for major corporations.
Norman is a former member of four U.S. futures exchanges, where he traded as a "local" (independent floor trader), floor broker, and money manager. He built a floor brokerage business in the 1980's, which specialized in oil futures and option execution on the NYMEX.
From 1993 to 1999, he lived in Switzerland where I continued his trading and money management activities. It was there that he founded the Economic Contrarian Update.
The Economic Contrarian Update is a global, macroeconomic perspective of investment trends in interest rates, currencies, equities and commodity markets. The publication strives to examine arguments against widely followed themes, with the idea that once a major investment idea is known and fully discounted; there are both new risks and new opportunities. Much of what he talks about in his writings and seminars is just common sense and requires little, if any, financial experience.

Peter Schiff is one of the few non-biased investment advisors (not committed solely to the short side of the market) to have correctly called the current bear market in U.S. dollar denominated assets before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on the U.S. stock market, economy, real estate, the mortgage meltdown, credit crunch, subprime debacle, commodities, gold and the dollar, he is becoming increasingly more renowned. He has been quoted in many of the nation's leading newspapers, including The Wall Street Journal, Barron's, Investor's Business Daily, The Financial Times, The New York Times, The Los Angeles Times, The Washington Post, The Chicago Tribune, The Dallas Morning News, The Miami Herald, The San Francisco Chronicle, The Atlanta Journal-Constitution, The Arizona Republic, The Philadelphia Inquirer, and the Christian Science Monitor, and appears regularly on CNBC, CNN, Fox News, Fox Business Network, and Bloomberg T.V. His best-selling book, "Crash Proof: How to Profit from the Coming Economic Collapse" was published by Wiley & Sons in February of 2007. His second book is scheduled for publication in early 2009.

Mr. Schiff began his investment career as a financial consultant with Shearson Lehman Brothers, after having earned a degree in finance and accounting from U.C. Berkeley in 1987. A financial professional for over twenty years he joined Euro Pacific in 1996 and has served as its President since January 2000. An expert on money, economic theory, and international investing, Peter is a highly recommended broker by many leading financial newsletters and investment advisory services. He is also a contributing commentator for Newsweek International and served as an economic advisor to the 2008 Ron Paul presidential campaign. He holds FINRA Series 4,7,24,27,53,55, & 63 licenses.

 

 
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Comments (15)

 Monday, 23 June 2008 17:43 EST - Posted by Mitch

 
This is gonna be AWSOME, Clash of the Titans! Shoot - no more front row seats! I think we should replace the Fed immediately with Peter Schiff!!

 Monday, 23 June 2008 19:02 EST - Posted by dan

 
A LIMIT OF 100 PERSONS IS LAME BY ANY STANDARDS ESPECIALLY ON THE INTERNET

 Monday, 23 June 2008 21:17 EST - Posted by Davinci Jeremie

 
I thought I was crazy when I came to the conclusion that the US Dollar is going to collapse very soon. When I heard of Peter and his predictions he confirmed my suspicions.

I like Mike, he keeps the bears from going to far by reminding us of the good things going for the US economy. Mike's dissenting opinion is needed to help strengthen our argument by attempting to put holes in them.

 Monday, 23 June 2008 21:25 EST - Posted by FG

 
I heard Mike and Peter are trying to get their own show on Fox Business, but I don't think this is a good idea for Peter. He has credibility. Credibility is very hard to get and even harder to maintain. If he gets his own show, he might feel pressured to alter his thesis in the name of ratings or TV sponsors. Debates for the sake of debating might be entertaining, but speaking the truth is far more important. The reality is, nightly or weekly programs offering stock picks du jour are generally a waste of time. Real investors have thesis and stick with it.

 Monday, 23 June 2008 21:32 EST - Posted by Ray Wiberg

 
I agree completely with "Dan"! I really enjoyed reading Peter's book, but 100 spaces allocated to a webinar is ridiculous by any standard. Why even offer it?

To say I am disappointed is a huge understatement.

 Tuesday, 24 June 2008 1:15 EST - Posted by Rodney Jenkins

 
dan,"A LIMIT OF 100 PERSONS IS LAME BY ANY STANDARDS" -- you want FREE capitalistic advice? Shouldn't you have to pay for this information? Ayn Rand turns over in her urn. Let's all subsidise FREE Peter Schiff videos. How about you go back to work at McDonald's and keep the gerbil wheels turning on the internets.

 Tuesday, 24 June 2008 12:13 EST - Posted by Travis J

 
I have no doubt that Peter will have the video on his site for FREE anyway, after the fact. There's no way peter would do a debate if his clients at Euro Pac weren't able to view it. Besides, what good is a debate if only 100 people are allowed to see it?

 Tuesday, 24 June 2008 13:30 EST - Posted by Derek

 
Kick some azz Peter, whoo hoo! Just bought some more silver yesterday. Buy the dips!

 Tuesday, 24 June 2008 13:31 EST - Posted by Alan

 
I first saw Peter at the May 04 Money Show and thought he was brilliant but too extreme to be right. Then I watched every one of his predictions came true over the next 4 years. What moron dreamed up the idea of a "limited seating" webinar?

 Tuesday, 24 June 2008 14:12 EST - Posted by Don

 
Rodney, the best information is free... you just have to open your eyes. Those who didn't get into the webinar due to the limit had their eyes wide open.

 Wednesday, 25 June 2008 11:01 EST - Posted by HAI Staff

 
Thank you everyone for the candid feedback.

This Webinar is the first that HAI has ever conducted, and it was done as a pilot. We had a very small budget for the event, which unfortunately meant that we had no choice but to limit seating to 100 people. We agree that the limit for the Webinar should be expanded beyond 100 people, and thanks to the overwhelming response, it is our plan to do so for the next version.

Our apologies to anyone who was inconvenienced by the seat limit, and was unable to attend the event live. We hope you will enjoy the replay which will be available later today. It was a great debate and we look forward to doing another one in the future.

 Wednesday, 25 June 2008 16:18 EST - Posted by Jim

 
"We apologize but this event is full and we are no longer taking registrations. Make sure to come back June 25 to see a recording. "

Did I miss the button? Where's the recording?

 Wednesday, 25 June 2008 17:29 EST - Posted by andy

 
wow, budget must of been really small to have only 100 see it live then promise a recording free the next day. i guess there was no film in the video recorder as i do not see a button to view it....

 Wednesday, 25 June 2008 17:32 EST - Posted by HAI Team

 
The replay has been posted and is now available on the site. You can find it on the home page and under Features and Interviews. If you have any trouble finding it, please let us know and we can send you a direct link. Thank you for your interest.

 Saturday, 28 June 2008 19:27 EST - Posted by Bobby Mac

 
Thank you for hosting the debate. Don't let the instant gratification crowd get you down. I really wanted to hear the debate as bad as the next guy, and a couple of days later...here it is. I don't know why Peter continues to debate this moron. He always resorts to low blows, and stick to your guns salesmanship, no matter how many times he's been wrong in the past. It's pretty sad... and those who choose to, can continue to stick their heads in the sand, or spin lies right along with him. As for me, I choose to bet on the TRUTH.



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