Why do you trust Misch? How do you know he isn't as full of smoke as Schiff? Most important, what do YOU think? Don't just read everyone else.
I, as a newbie since 2000 A.D., think Schiff is more credible than Misch because he sees the danger in huge deficits, astounding increases in M1 and M2 and all of the other Ms and, I believe, he is correct in predicting financial and economic disaster.
But, of course, I didn't lose any money in this market so I'm not as passionate about the problem as many. I have taken the necessary steps to protect my assets and I'm waiting to see what happens. Schiff is a smart guy and his past performance is no assurance of future performance. He's obviously learned from his mistakes.
Schiff is a smart guy. Misch is a smart guy. Let's see who's right.
And let Schiff post the return he got for his clients in 2008, in invensting in Asia, emerging markets etc.
I like a lot about Schiff, and he’s more right than wrong, but I’m growing sick about his cult of personality, and his apostles who pretend he’s the 2nd coming and infallible.