Monday, December 22, 2008
I understand that during every boom there is some pessimist who will desperately try to pee on your parade, but I'm surprised at how accurate Peter Schiff calls it.
I'm not surprised at how incredibly wrong everyone else called it as well, after all, we are all but creature of circumstances.
If only the news gave Schiff more time to explain why he thought the entire industry is going to hell, maybe we wouldn't be in this situation... AH who am I kidding, we'll be in this situation regardless of sound advice. Investors are savages, savages with money, and they will have none of your "reasoning"!