Friday, January 9, 2009

Schiff's Greatest Hits Video

A nice summary of Peter Schiff's perspective:
http://www.youtube.com/watch?v=vweLBpE4mso&NR=1

You have to love his metaphors!

2 comments:

john said...

Schiff saw the drop in our markets early on, but his insistence on investing in Asia has decimated the accounts he manages, some purportedly down over 70%, coupled with his continuing belief hyperinflation is coming soon, make him a poor choice to follow.
Maybe his time will come, just now here yet. And in the meantime...OUCH! Deflation is here.

KAB said...

John,
Review this October post. No doubt, Prechter's "asset deflation" is here, but the Fed reserve money continues to inflate. Continued money printing will likely lead to Schiff's scenario.
http://randomroving.blogspot.com/2008/10/four-potential-outcomes.html

Keep the collaboration coming.