tag:blogger.com,1999:blog-22657443.post7930600841574520104..comments2023-12-31T03:18:37.403-06:00Comments on "E pur si muove!": Peter Schiff: The Real ThingLester Hunthttp://www.blogger.com/profile/14746157071827337723noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-22657443.post-78270097111000718262009-01-20T12:09:00.000-06:002009-01-20T12:09:00.000-06:00Schiff's views are correct. As far as I can tell, ...Schiff's views are correct. As far as I can tell, he's one of the only economists out there, publicly, that states the obvious. Dubious economic theories will eventually fail. The operative word is eventually. Might be a year, might take five or ten, or even longer. It took the ussr seventy years to collapse and liberal economists were extolling it's virtues right up till the end. Actually, their still extolling it's virtues.<BR/>So, using Schiff's economic analysis does not guarantee investment success anywhere in the near term.<BR/>The only other thing I would take issue with in your article is your statement that austrian economics only values things that are produced, or something like that, I think is wrong. Sorry, can't agree on everything.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22657443.post-71401275420064436012008-11-28T10:50:00.000-06:002008-11-28T10:50:00.000-06:00I don't know anything about his work as an investm...I don't know anything about his work as an investment manager, but I would say that if you have followed he advice in <I>The Little Book of Bull Moves in Bear Markets</I> during the bear market of 2008 you would very likely have done better than the market, much better. You would also have missed out on the gains at the end of the last bull market, but strategies like his are intended to do that.Lester Hunthttps://www.blogger.com/profile/14746157071827337723noreply@blogger.comtag:blogger.com,1999:blog-22657443.post-51448980584323104462008-11-28T04:28:00.000-06:002008-11-28T04:28:00.000-06:00Mr. Schiff may have predicted some of the current ...Mr. Schiff may have predicted some of the current economic isuues but as an investment manager he is awful the last couple of years .Percentage wise he is down much more that the US markets on his recommendationsAnonymousnoreply@blogger.com