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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Sr K who wrote (93562)1/30/2009 2:22:41 PM
From: polarisnh10 Recommendations  Read Replies (3) of 116555
 
Sr K,

Peter Schiff might have been wrong on his timing but he wasn't wrong on his message that the U.S. Dollar is going to be destroyed. Who anticipated the unwinding of all of the commodity hedge funds over the second half of 2008 which caused artificial strength in the dollar?

If you want my opinion, the reason these coyotes are coming out of their dens right now to attack Peter Schiff is that they know that the dollar is about to resume its bear market and it is an attempt to scare people onto the wrong side of the market. Their thinly veiled attempts at unbiased journalism makes me sick.

Cheers,

Steve
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