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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (181183)2/2/2009 8:38:44 PM
From: energyplayRead Replies (1) | Respond to of 306849
 
Re: Ben Stein - At least he states in print that Schiff was right and he was wrong - any of the other talking heads ever do that ?

The only ones I know of are

James Grant
Bill Fleckenstein (occasionally)
David Tice
Jeff Mackie (on Fast Money)
Guy Adami (on Fast Money, occasionally )
Warren Buffet and Charlie Munger

**********************************************88

Schiff seems to be a dollar bear, long commodities, in roughly the same camp as Jim Rogers.

It appears the dollar bears are looking for

Massive Debt ---> Massive printing ---> Dollar down, everything else up.

What we have is

Massive Debt ---> Sales drop, GDP, prices drop, massive layoffs ---> Deflation and credit crisis ---> Massive printing ---> (maybe ?) Dollar down, everything else up.

I expect both Schiff and Jim Rogers to be right in the long run...in about 2 years.