Schiff gets too much credit. He was calling for todays’ scenario as early as 2002. Some might say he was just ahead of his time. In fact he missed the entire up portion of a business cycle in the U.S. He’s a stopped clock eventually being right.
And how much of those gains can be explained by inflation? His strategy has consistently *beaten* domestic market gains once you factor in the declining dollar.
Heck, while hedge funds are bombing left and right the one he manages is up 375% this year!
