[kewp]

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!

If anything the guy doesn’t get enough credit.

[kewp]

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!

If anything the guy doesn’t get enough credit.

[kewp]

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.

[kewp]

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.

[kewp]

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.

[kewp]

You are missing risks and carrying costs.

You have to pay taxes, upkeep, home owners fee’s, etc. That all adds up.

There is also the very real risk, especially in SoCal, that it will burn down, fall down (temblor), get eaten by termites, whatever.

[kewp]

You are missing risks and carrying costs.

You have to pay taxes, upkeep, home owners fee’s, etc. That all adds up.

There is also the very real risk, especially in SoCal, that it will burn down, fall down (temblor), get eaten by termites, whatever.

[kewp]

You are missing risks and carrying costs.

You have to pay taxes, upkeep, home owners fee’s, etc. That all adds up.

There is also the very real risk, especially in SoCal, that it will burn down, fall down (temblor), get eaten by termites, whatever.

[kewp]

Yes. Thank God we’re experiencing a soft landing.

Hey, you guys broke my sarcasm meter!

[kewp]

Yes. Thank God we’re experiencing a soft landing.

Hey, you guys broke my sarcasm meter!

[kewp]

Yes. Thank God we’re experiencing a soft landing.

Hey, you guys broke my sarcasm meter!

[kewp]

At this point, I don’t think anyone is trying to save the SD housing market.

The Fed is more interested in preventing bank failures and the resulting panic.

[kewp]

At this point, I don’t think anyone is trying to save the SD housing market.

The Fed is more interested in preventing bank failures and the resulting panic.

[kewp]

At this point, I don’t think anyone is trying to save the SD housing market.

The Fed is more interested in preventing bank failures and the resulting panic.

[kewp]

My wallet just got lighter!

Wierd!

[Author]

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