No it fackin' hasn't lol.
And its not even close.
Geez you top yourself time after time with your cluelessness.
The Peter Schiff Show
- Thread starter The_Krakenite
- Start date
And its not even close.
Geez you top yourself time after time with your cluelessness.
Even if that was true, that's a pretty sad brag when you consider Bitcoin and gold were the same price in 2017 lol.
Smart guy and I quite enjoyed his occupy wall street interviews way back. However he is just another perma bear with a one track mind who is good at playing the media when he is occasionally, briefly, "right". Overall he had been wrong, and badly so. Anyone following his advice would be far behind simple buy and hold index approach.
Very nice find. The way they completely ignored his stance and laughed at him ...you can see alot of that in the Peter schiff interviews leading up to the great financial crisis.
As you can see in those times, stocks and the economy were so spectacular that no one would ever believe the collapse was coming.....
So he is a permabear that much is absolutely true, but his reasoning behind his permabear attitude holds up.well with the facts he has implemented within his reasoning as to why over stocks and wallstreet are highly overvalued.
The fed has backstopped every single collapse. Peter schiff is correct and if the fed wasn't saving the markets on every down tick and printing trillions of dollars to prop stocks he would have been right more times than any other permabulls combined....
I don't disagree. But at the end of the day, results are what matter. If I am looking for someone to make me money, I don't care if his reasoning and logic are sound - I care if he makes me money. Certainly, Schiff has been tremendously successful at marketing himself and I can respect that success.
He’s an idiot and a goldbug.
You respect his success in marketing himself? lol...I can't think of anything less deserving of respect. Anyway, I have bolded your problem. Gold has been outperformed by bitcoin by more than 5000% in just the last 5 years... and for that entire time your hero (Schiff) has been bashing it, and in the process missed the trading opportunity of a lifetime...and now all you are hearing out of him is sour grapes.
I guess Schiff "Markets" himself as a gold fanatic, so he had commitment to the bit to his own detriment lol.
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He understands neither money nor markets. He has nearly everything wrong. And that might explain why he is so consistently off on his predictions. A guy like Schiff should buy gold and hold it. At least that will keep him more or less level with inflation over time.
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