crossingwallstreet.com - 1/26/2009
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I've been saying for some time that I'm not particularly impressed with Peter Schiff and his hyper-bearish calls. Fortune just had an article on how prescient Schiff has been: "As one of the few talking heads who loudly, relentlessly, and more or less accurately sounded the alarm about the ...
Peter Schiff Was Wrong
globaleconomicanalysis.blogspot.com 1/26/2009 — There are numerous YouTube videos, articles, and references to Peter Schiff being "right" rapidly circulating the globe. While Schiff was indeed correct about the US imploding, most of the praise heaped on Schiff is simply unwarranted, and I can prove ...
Blogger Wars: Mike Shedlock vs. Peter Schiff
tradinggoddess.blogspot.com 1/28/2009 — The Austrian economics blogosphere was rocked to its very core yesterday, when Mike Shedlock, one of the most popular economics bloggers on the web, dropped a serious smackdown on Peter Schiff in a post entitled, " Peter Schiff Was Wrong ." In this ...
Friday links: critical junctures
abnormalreturns.com 1/30/2009 — “ Peter Schiff predicted a collapse of the U.S. financial system . The bust-up he didn’t foresee was the one that made mincemeat of investors who took his advice in 2008.” ( WSJ.com , naked capitalism ) The response. ( ...
Lunch Wrap —
FT Alphaville
On FT Alphaville on Monday morning,
- UK plc is closed
- Moody's vs Barc
- The saga continues at Gatwick
- Aerospace datapoint du jour
- Bad bank, bad pricing
- Chinalco talks to Rio
- Peter Schiff makes a defence
- Do I feel risky?
- Snow (the economic impact)
- Paul's back to talk ...
Peter Schiff makes a defence —
FT Alphaville
A bit of a blogging war has erupted in cyberspace on the subject of Peter Schiff, president of Euro Pacific Capital - relating largely to whether he was right or not.
For a bit of context, Peter Schiff established himself as the definitive dollar bear over the latter half of the naughties, ...
Do You Trade Your Market Predictions? —
Beanieville Inc.
This was Peter Schiff in 2006-2007: This is Mish's attack of Mr. Schiff , claiming that Schiff never benefited from his predictions (didn't short the housing and banks) and instead lost alot of money for his clients (by investing in foreign assets which went down hard as other countries ...
Sunday Morning Coffee —
Random Roger
Between the hub-bub with Peter Schiff, articles like this one from the WSJ and the wave of Ponzi schemes being uncovered I am reminded of how complicated people make investing and personal finance. Keeping it simple (or if you prefer simplistic) avoids a lot of problems and a lot of tears. I ...
More on Peter Schiff —
Toro's Running of the Bulls Market Blog
Peter Schiff has been taking a lot of heat the past few days for his performance, as we noted a few days ago. The Wall Street Journal has picked up on the story. Peter Schiff predicted a collapse of the U.S. financial system. The
bust-up he didn't foresee was the one that made mincemeat ...
Peter Schiff: Right Forecast, Wrong Plan? —
InvivoAnalytics.com
This is a big problem in the investment world. A strategist makes a guess (I mean, forecast) and then decides on a course of action. What this means is that he must guess two things correctly: the macro picture AND the way market participants react. Most often, ...
Daily Market Madness - Round 01.30 —
MadeMan.com
Chaz Gaspo drops the F bomb live on CNBC.
The unpaid internship market is doing very well. Hey, we all gotta pay our dues, man. I was in an unpaid internship at a magazine for almost 2 years.
Bank of America's war on styrofoam coverage.
Peter Schiff, no respect ?
Lost your job? Buy ...
The Mish-Schiff catfight —
The Mess That Greenspan Made
Having just stumbled upon the Mike Shedlock-Peter Schiff online feud as Schiff had executed a fine compound-riposte in response to Mish's dazzling ballestra-lunge earlier in the week, it suddenly became clear that data supporting one of the central arguments on one of my favorite subjects - ...
Schiff Still Has One Thing Right —
GoldSeek.com
Our colleague Mish Shedlock did quite a hatchet job on hyperinflationist Peter Schiff the other day – much of it deserved, if the evidence that Mish presented is to be believed. The two have never seen eye to eye, since Mish, like us, is an unreconstructed deflationist. But his indictments ...
Mish vs Peter Schiff —
The Big Picture
On Sunday night, Mike Shedlock lobbed a hand grenade Peter Schiff’s way ( here , and mirrored here ).
Around late 2008, some PR flacks were circulating a Schiff’s greatest hits — short excerpts of his appearances on major media. It was apparent to me that these heavily ...
Low Volume Randomosity —
The Learning Curve by Muckdog
Nice up day in the market, but volume was a little light. New lows far outpaced new highs. If one was watching the bad news on TV, one might think the DOW is closing in on 3000. From Yahoo Finance , Action was choppy and trading volume was light this session, but stocks were able ...
Peter Schiff Was Wrong —
The Big Picture
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
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There are numerous YouTube videos, articles, and ...
Why I Run My Own Money - And You Should Too —
The Market Ticker
A rather "sharp" and long missive from Mish (who I happen to like) eviscerating Peter Schiff makes clear the problem with chasing "gurus" and listening to them: "I would like to see some proof of that statement. Specifically I would like to see the average ...
Peter Schiff was Wrong —
Toro's Running of the Bulls Market Blog
From Mish . Schiff's Overall Thesis US Equity Markets Will Crash.
US Dollar Will Go To Zero (Hyperinflation).
Decoupling (The rest of the world would be immune to a US slowdown.
Buy foreign equities and commodities and hold them with no exit strategy.
Schiff was correct about point ...
Peter Schiff's Clients Down In 2008 —
FinanceProfessor.com
Remember Peter Schiff? How he called the market collapse? If you don't, here is the link to his video that was spotlighted last fall. Well, it appears that while he seemingly called that correctly, he has not been as good at making money on the call. From Clusterstock: Peter Schiff's Clients ...