I'm surprised, Silvernut. Schiff has been right about the NASDAQ bubble, the housing bubble, and the falling dollar, for the better part of the last decade. You seem to be extrapolating based on the last 6 months. I think that is unfair. He is not a hedge fund manager. People who have followed his broad themes over time and not tried to time every move in every sector have done extremely well.

Just as people who listened to him in 1998 probably thought he was crazy for not being "flexible" when he said to sell your tech stocks, I think the same applies today. Yes, you could have made a little more money holding tech stocks until late 99, but most who did that never sold... all the way down.

The same will be true today when you look back in a number of years.

H