Peter Schiff - What's everyone's thoughts on his take?

[Conza88]

Like him. He is Ron Paul's economics advisor. He comes from the Austrian school of economics.

See also Marc Faber and Jim Rogers.

Brad

Austrian Theory of the Business Cycle is an amazing piece of knowledge to have. Lot of people losing money because they're ignorant of the Business Cycles causes.

Mises.org - Home of the Austrian School of Economics

Quality stuff.

 

[maffu]

If you have watched the Peter Schiff was right youtube video and like what he says, he has actually started a regular youtube weblog.

http://www.youtube.com/watch?v=ShYjAqd2YBU&feature=PlayList&p=3EBA02237EA29F05&index=0

That link is episode 1, he currently has 18 web logs, dating from February 20, 2009 to April 24 2009, he will probably continue to post a few a day.
The above link should load as a playlist, the 18 videos will play through from start to finish, or if you only want to watch his newest ones then his chanel is: http://www.youtube.com/user/TheSchiffReport

I think it is important to seperate his underlying economic views and predictions away from investment advice. He is making good predictions, but not timing the market. I'm not suprised if his fund reguarly loses money, he is predicting things too early. The USD will eventually depreciate when inflation hits, but he predicted(put money into) it way too early.

 

[Naked shorts]

I'm not suprised if his fund reguarly loses money, he is predicting things too early. The USD will eventually depreciate when inflation hits, but he predicted(put money into) it way too early.

He's not a fund manager, hes a broker

 

[metric]

Hi,

As I'm very much still a newbie, I'm wondering what the herd mentality is ???

http://www.safehaven.com/archive-162.htm

:newbie:

 

[Dowdy]

my brother bought me he latest book "Bull moves in bear markets"

It's a good read but mainly based towards US readers