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Originally Posted by wig
It's not an argument so much as an observation. They've been peddling newsletters and books for decades calling for the collapse. Maybe after 40 years of yelling "fire" they'll be right, but that's their record.
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Maybe, maybe not. But it wouldn't be above you to randomly discredit the source because you didn't like it. It happens all the time here.
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Schiff's been right on somethings and wrong on others. Like most procrastinators. I know you are an admirer and probably have all his youtube videos bookmarked. Hoorah!
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I've made a lot of money listening to him so sure. I don't recall what he was wrong about.
No, you like many people here use your political ideology to inform your economics, science and medicine rather than the other way around.
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And you routinely regurgitate doomsdayer rhetoric, calling for hyperinflation, stating that the world is in a global depression, etc. which have not happened.
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I think you need to look up the word "routinely" and then try to reapply it to my current economic postings. You'll find that there's nothing "routine" about them, nor do I recall the last time I posted a doomsday scenario in a month or so. I guess you "exaggerate" a lot. And when I DO call for hyperinflation, I said it's a likely, even inevitable scenario in the next few years to a decade, I never claim it's happening now. Also, depending on what "facts" you look at, the world IS in a global recession/depression.
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I'm glad you've got some capital gains on your bag of silver, but it's hardly worth taking a victory lap over.
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Yup, it was just silver. Not certain stocks, emerging markets funds, central american funds, etc..