Mr. Doom – Peter Schiff was wrong

[Bubblesitter]

I know that some of you are Peter Schiff fans out there. I’ve enjoyed his interviews on Fox and CNBC, arguing with Realtors and Stock Market bulls. Video archives are on http://www.europac.net .However, the fact is that perennial Bear Peter Schiff has lost a bunch of his clients money in the past year.

I tend to agree that he was way too early predicting the decoupling of the world economy from the US. Everyone was hit this past year caught up in the turmoil. If you took his advice on commodites and foreign equities you would be in a world of hurt now.

He even had an editorial in WSJ “Our Investing Plan Is Right, if Slightly Ahead of the Times” to counter some bad press on his fund’s returns.

Gold is perhaps his only few area he was roughly right on.

In the long run he may (unfortunately) proven right, e.g hyperinflation, collapse of bond market and continued collapse of housing. I hope he is wrong, I’m still hording gold in case his is right.

I’m just glad I didn’t transfer $ over to him last year.

Bubblesitter

[Chris Scoreboard Johnston]

Glad to see this post, I have been telling people in here for awhile not to listen to him and it has fallen upon deaf ears. A fund manager can be completely tracked by his returns. Opinions do not mean anything, it is how much money you make or lose acting on your views that determines if you are right or wrong.

[Chris Scoreboard Johnston]

Glad to see this post, I have been telling people in here for awhile not to listen to him and it has fallen upon deaf ears. A fund manager can be completely tracked by his returns. Opinions do not mean anything, it is how much money you make or lose acting on your views that determines if you are right or wrong.

[Chris Scoreboard Johnston]

Glad to see this post, I have been telling people in here for awhile not to listen to him and it has fallen upon deaf ears. A fund manager can be completely tracked by his returns. Opinions do not mean anything, it is how much money you make or lose acting on your views that determines if you are right or wrong.

[Chris Scoreboard Johnston]

Glad to see this post, I have been telling people in here for awhile not to listen to him and it has fallen upon deaf ears. A fund manager can be completely tracked by his returns. Opinions do not mean anything, it is how much money you make or lose acting on your views that determines if you are right or wrong.

[Chris Scoreboard Johnston]

Glad to see this post, I have been telling people in here for awhile not to listen to him and it has fallen upon deaf ears. A fund manager can be completely tracked by his returns. Opinions do not mean anything, it is how much money you make or lose acting on your views that determines if you are right or wrong.

[peterb]

Mish dressed Schiff down very well a week or so back. Schiff gets props for being a lone voice on MSM about the bubble. But decoupling was totally off as was his call for hyperinflation. Way wrong. And of course, his funds have done terribly.

[peterb]

Mish dressed Schiff down very well a week or so back. Schiff gets props for being a lone voice on MSM about the bubble. But decoupling was totally off as was his call for hyperinflation. Way wrong. And of course, his funds have done terribly.

[peterb]

Mish dressed Schiff down very well a week or so back. Schiff gets props for being a lone voice on MSM about the bubble. But decoupling was totally off as was his call for hyperinflation. Way wrong. And of course, his funds have done terribly.

[peterb]

Mish dressed Schiff down very well a week or so back. Schiff gets props for being a lone voice on MSM about the bubble. But decoupling was totally off as was his call for hyperinflation. Way wrong. And of course, his funds have done terribly.

[peterb]

Mish dressed Schiff down very well a week or so back. Schiff gets props for being a lone voice on MSM about the bubble. But decoupling was totally off as was his call for hyperinflation. Way wrong. And of course, his funds have done terribly.

[kewp]

The first rule of investment is; don’t lose money!

And Schiff lost big time.

Not only was he wrong; he was 180 degrees wrong. You would have been better off buying U.S. real estate and stocks instead of his picks. As messed up as we are; the rest of the world is worse. And less diversified than us to boot.

Don’t sell America short!

[kewp]

The first rule of investment is; don’t lose money!

And Schiff lost big time.

Not only was he wrong; he was 180 degrees wrong. You would have been better off buying U.S. real estate and stocks instead of his picks. As messed up as we are; the rest of the world is worse. And less diversified than us to boot.

Don’t sell America short!

[kewp]

The first rule of investment is; don’t lose money!

And Schiff lost big time.

Not only was he wrong; he was 180 degrees wrong. You would have been better off buying U.S. real estate and stocks instead of his picks. As messed up as we are; the rest of the world is worse. And less diversified than us to boot.

Don’t sell America short!

[kewp]

The first rule of investment is; don’t lose money!

And Schiff lost big time.

Not only was he wrong; he was 180 degrees wrong. You would have been better off buying U.S. real estate and stocks instead of his picks. As messed up as we are; the rest of the world is worse. And less diversified than us to boot.

Don’t sell America short!

[Author]

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