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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: octavian who wrote (40744)	11/23/2008 3:09:38 PM
From: sea_biscuit	Respond to of 42834

As far as I know, Schiff started his brokerage in the late 90's. And he was bearish on the tech stocks and the US market in general, which blew up into smithereens after a few years later. Since about 2001 or 2002, Schiff has been bullish on PMs, PM stocks, dividend-paying intl stocks, natural resource stocks etc. Considering that we have just made a 11 1/2 year low in US stocks, anybody who has been bearish over the last 10 years has been right. Whether or not Schiff is a perma-bear will be known only after the US starts a secular bull market (sometime in the next 5-10 years). If he is still bearish then, and only then, he will be a perma-bear. You might say that Schiff is a "perma-bear" because he didn't call the cyclical bull from 2002-07. But he might not be comfortable calling for such rallies in what he sees as a secular bear-market. Unlike people like Brinker, who is obviously an expert in calling those cyclical bulls and cyclical bears! ;-)