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Message Subject
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Peter Schiff Warns of Coming U.S. Economic Collapse 2012
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Poster Handle
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s. d. butler |
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So what if he's making money at it? He's a financial adviser - that's what he's suppose to do. I never understood this mentality that it is somehow bad that some makes money off their past success.
As far as your other comment, just how are you suppose to prove something that hasn't happened yet? The answer is you can't. Thus you have to look at previous track record of the person predicting, and we're back to the credibility issue. If you can produce a hedge fund manager, economist, ect, that is on record predicting 2008 before it happened, and is now saying things will be fine, I'll gladly listen. I dont want schiff to be right, I'd be very happy in 2 years we were all laughing at schiff making money hand over fist. But nothing I've seen from my experience nor from credible sources is pointing at him being wrong
Quoting: Anonymous Coward 27472027 He was right 2008. Since then he was wrong. Consistently wrong. Not a good record during the last 4 years. And right now he is preditcing a collapse in 2012. Thats laughable. Quoting: Anonymous Coward 27438840 Did you watch the video dumas? He didn't predict a collapse for3 2012. You are a dumas. And as for Schiff "losing his clients money" and how is "record is bad".... dumases, EVERYONE lost money in the last crash - IF they sold their stocks at the bottom like little bitches. If you held on through the storm, Schiff's recommendations (gold and gold stocks) have outscored the general market by a nice margin.... and that's with his macroeconomic view not yet fulfilled (and it will be fulfilled). Sidenote: I've found that Schiff haters almost always tend to be the kind of people who think TPTB are some Jewish ("Zionist") mafia. Further proof that they are know-nothing dumases - or just vermin with an agenda. Quoting: Anonymous Coward 16644241 Do you mean Dumas the three musketeers author, did he write something about finance? I thought he was an adventure writer. Quoting: Really?really? your riposte is actually kind of funny. I am sending you some good karma for the laugh.
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