Heh, while I’m a huge fan of Schiff, I always wanted to ask him why he assumed the US markets were operating in a bubble.
I just saw him on a recent TV appearance and I kinda inferred that his take is that when alls said and done, at least you are holding onto an asset thats not denominated in dollars.
Remember, you get double-dinged for falling US assets as long as the dollar is continuing its downward slide.
