Have you guys that are fans of Schiff followed him for a long time? If I recall correctly ( and I could be wrong about this ), he used to live in Newport Beach by me, and sold out many years ago fearing an RE crash and relocated to the east coast somewhere. I think he already had an east coast office and he moved to it. He was very outspoken at that time about a pending RE crash, which is just now happening many years later.
The point I am making is that I think his predictions have not been historically very timely. I am sure from his fund if his performance is good, he makes quite a bit of money, but he left millions or itleast 1M on the table when he left Newport Beach many years too early.
He gets alot of press due to his gloom and doom predictions which is always a way to get your name in the news. Maybe he will be right, but I would love to see someone in here analyze his track record to see how good he has been over time.
