Peter Schiff lives to fight another day

Discussion in 'Politics' started by Kevin_Kennedy, Jun 23, 2010.

  1. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Schiff lives to fight another day against McMahon - Connecticut Post

    Schiff is the only person in Connecticut history to petition their way onto a statewide ballot.
     
  2. topspin
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    topspin BANNED

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    He'd prob be the smartest person on economics in Congress if he were to win.
     
  3. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    I would certainly think so.
     
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    Always like this guy, he was like a lone wolf calling the housing collapse before it happened and stood tall as he was ridiculed. Bet he made some bank though.
     
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    Toro Diamond Member

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    I saw him on CNBC's Fast Money the other day. One of the hosts asked him what would he do if his investment thesis was wrong. He said "There is no chance I am wrong!"

    I think he will be right and am betting pretty heavily that he will be, but I would never give a dime to any money manager who said he had no chance he was wrong. Those are the guys that will run you off the cliff.

    I bet Schiff won't see the top, and he'll be pounding the table on $10,000 gold when it tops at $2000 or $3000 or wherever it is going, then heads straight down. I think there is a pretty high probability that eventually, he will destroy his firm, and many, many former clients will be disaffected.
     
    Last edited: Jun 23, 2010

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