It's been entertaining lately to see Peter Schiff get beat up on bubblevision over the fact that foreign equities have taken a beating along with a rising U.S. dollar....both, Schiff didn't predict. I'm "on board" with Schiff's forecast for the future (hyperinflation, cratering U.S. dollar), so the entertaining part was that the media jumped on him so quickly because he received so much "overnight fame" for accurately calling the market collapse.
The media pundits just don't want to hear anyone's negative forecast. They want everyone watching Cramer and getting "jacked up" on equities Kool-Aid. My friend, Robeesh, says that "every broken clock gets the time right once a day". Another told me that "every blind squirrel finds a nut". Yes, both are true. It might be wise to start listening to some of these intelligent squirrels that are not stampeding with "the herd".
A SHORT BLIND SQUIRREL LIST
http://www.financialsense.com/
http://www.europac.net/
www.trendsresearch.com/
http://www.chrismartenson.com/
http://www.elliottwave.com/
http://www.dailypaul.com/
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