Isn’t Peter Schiff the perma-bear who’s often on Kudlow’s show? He makes some good points, but a perma-anything is a dangerous animal for investors to follow.
Perma bear looks good now
He’s been a perma-bear as long as the market’s been worthy of it.
He’s been bullish on lots of stuff, just not the same stuff that’s usually pawned off by the lemmings, so they say he’s bearish. His clients are doing quite well right now, from what I understand.
But market gurus come and go. Right now, he’s a prophet. If history is any indicator, he won’t be one forever.