[andrius3d]

[quote=disimilar1]I would NOT invest with them. My money was NOT preserved. It was lost big time by them.
And my broker was the managing director of their L.A. office.
After our money was lost he said he could not talk to us because he “has high blood pressure”.
Stay far, far away.[/quote]

Ohh my. That sounds scary and I’m sorry to hear about your loss. May I ask did you go with a separately managed account or a non discretionary account? Was this just recent or back in 2008/2009? Foreign stocks or gold mining? Were you in it for the long term or were you looking for short term? Were you on autopilot with EuroPacific or were you choosing the stocks you liked?

Sorry about all the questions. You don’t have to answer if you don’t want to. I’m just real interested.

Best,
Andrius

[andrius3d]

[quote=enron_by_the_sea][quote=andrius3d] I have been following him for years and have been waiting to make the move to EuroPacific to preserve my wealth
[/quote]

Do you know anyone whose wealth has been “preserved” by listening to Peter Schiff?

Sure he said buy gold and that seems to be working out. But he also asked to buy & sell many other things which didn’t work out.[/quote]

I don’t, but the BIG crash hasn’t happened yet. If there was no threat to our economy I wouldn’t even consider leaving ML, but that’s not the case. I’m just looking at the evidence out there and doing my best to guess which of the options left on the table are best. One thing I know for sure is it’s mathematically impossible to pay down the debt. There are other countries out there that are more stable that may be worth investing in. I agree that getting into the foreign market was a mistake in 2008 but someday it won’t be and I’m trying to figure out when that day is.

[andrius3d]

[quote=enron_by_the_sea][quote=andrius3d] I’m considering leaving my Merrill Lynch account and investing in EuroPacific.[/quote]

Has Euro pacific beat a balanced fund (e.g. VBINX) over a period of say 1-year(14.27% pa), 3-year(11.44% pa), 5-year(4.49% pa), 10-year (6.76% pa)?[/quote]

Actually, I am happy with ML’s performance. That’s not the issue. I do not believe we are in another cycle but rather a transition and agree with Peter’s outlook on dollar denominated stocks. I have been following him for years and have been waiting to make the move to EuroPacific to preserve my wealth but somehow am still hesitant. Especially after spending time on Mish’s Global Economic website. Though,many of the things Mich predicted are defunct as well, i.e. Australia’s interest rates going below 2.0. Also, the people complaining about losing money with Peter may have pulled out too quickly. I recall two gentlemen complaining about a stock (SO) but had they hung tight they would have recouped their losses.

Again, I was just wondering if anyone who had doubts of Peter’s philosophy may have changed their tune because of what has transpired since 2009.

Best regards,
Andrius

[andrius3d]

I noticed the last comments posted where back in 2009. It’s now 2012 and I’m considering leaving my Merrill Lynch account and investing in EuroPacific. Has anybody had a change of heart about Peter’s strategy??????

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