He’s been right about a lot of stuff Saxxon, especially around 2007 which you conveniently forget...
“He’s been right about a lot of stuff Saxxon, especially around 2007 which you conveniently forget...”
He had some things things right in ‘07, I agree. He exaggerated their effects a hundredfold, that’s all. Doesn’t matter, water under the bridge. Peter has basic concepts that are fine. He has a lot of misreads on when and how they will play out. He reminds me of Harry Dent. Dent had some incredible predictions in “The Great Boom Ahead” and they took place, including the real estate crash of 2007ish (predicted in 1993, to within months) and the subsequent record low interest rates. He is down to predicting a crash a year now, and has been wrong for some time. It’s the nature of the biz. Those fellows Prechter and Ruff also come to mind...