Peter Schiff is known to have predicted the current financial crisis and real estate bubble burst way back in 2006. Whether he was lucky or a genius, it’s still so much fun to watch these little clips from CNBC and Fox News where other guests would “boo”, and “ah” and “here we go again” him over and over. Pay attention to the price stickers as they talk about financial stocks. 🙂
What you gotta notice is how confident his opponents are. I guess we can all learn a lesson to never listen to Wall Street financial advisors, and anybody else expressing any opinion on where the market is heading for this matter. Even if Peter is a genius, how a simple man is supposed to pick him out of the crowd of others?