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Here's the graph of DGL for example. Up only 146% since it's inception.
http://www.google.com/finance?client=ig&q=NYSEARCA:DGL
But Hava-gafa (it is tax season you know) - kasha claims Schiff's is "wrong". Just a small sample of ideology trumping reason.
You have a funny way of discussing investment results. You post ONE stock and expect us to be fooled into not
looking at everything else he recommended. I did say you were DELUSIONAL. You prove it.
Seriously though, I really had no idea just how delusional you were when we started our converstations 2 years ago. Have a wonderful day.
Not true. I hold that, CTL, PSAU and shorted the dollar as noted. CTL is a dividend stock. I took a sizeable loss on it, but it has come back into the green and continues to pay 1000's in cash dividends in a year for me. PSAU is up, but only due to the market.Quote:
Originally Posted by Havakasha
All 4 or those holdings are from Schiff and other's like him. Diversifying your portfolio and investing for what may happen in the future is something everyone should think about, or is that delusional?
I just wanted this ONE item to sink in. The others I have mentioned numerous times. You know those facts. Ignore them if you want.
For those who havent followed along. Just a small sample of the "brilliance" of SiriuslyWrongs favorite "economist"
In a 2002 interview with Southland Today, Schiff predicted that the economic downturn triggered by the bursting of the dot-com stock market bubble would lead to a bear market likely to last "another 5 to 10 years."[36][37] In November 2002, US stock indexes began a bull market uptrend which held steady for five years,[38] until reversing course in 2008, when they began a decline to less than half of their peak 2008 values,[39] followed in 2009 by the Dow climbing 61% from its low point over the following year.[40] After interviewing Schiff in 2009, journalist and finance author Eric Tyson referenced various Schiff predictions during the 2000s and stated that "On all of these counts, Schiff wasn't just wrong but ended up being hugely wrong."[41]
Perhaps the difference between you and I is that I separate the wheat from the chaff. You appear to take it all. It's really an indictment on your intellegence that you cannot distinguish between the two.Quote:
Originally Posted by Havakasha
There you go again with "favorite economist". Children have favorites as in, "I'll trade you a Krugman for a Schiff". Adults read and learn and apply their learnings to their life. Another indictment on your intellegence.
It might be hard to find the wheat when it comes to his predictions over the last years.
You never protested before today about my "favorite economist" statement. Dont understand why all of a sudden you want to draw attention to it. Embrace your favorable opinion of him.
I choose to read a # of financial analysts with varied opinions, but i certainly choose in calling attention to the facts of Mr. Schiffs inumerable wrong predictions to let you understand that he is not one of those.
Hey, so what does your intuition tell you is the reason that Ron Paul has avoided criticizing Gov. Romney. You think he might be angling for a position in his potential cabinet? Or an important position in drafting the Republcan Party platform at the convention?
You still feel as good about Ron Paul as ever?
Back from lunch I see. Must have had some coffee at the end of your meal.Quote:
Originally Posted by Havakasha
Dr. Paul is an accomplished individual who like Schiff foretold the future of the housing market with uncanny precision. Would you like me to post the video proof yet again?
Absoutely. And while you are at it pleasepost every wrpmg prediction he has made for the past 10 years.
You wont? You wlll only post the one he got right? And you wont reveal that Mr. Schiff
is a serial doomsdayer who occassionally finds paydirt. Surprise, surprise.
Thats ok . Dishonesty comes back to those who perpetuate it.
Pathetic. We've talked about Schiff's wild prediction months ago ad nauseum. You keep bringing it up thinking you got me or something. Here's the bottom line. I am winning on his investment advise, and pretty decently I might add. I lost nothing on his wild predictions. I didn't believe them neither. Like I said, I can separate the chaff from the wheat.Quote:
Originally Posted by Havakasha
I know you don't take every soundbite as Gosbel; after all, you graduated from film school, but in this case you seem to defy yourself.
Read on about Ron Paul's prediction of the housing bubble.
http://www.ronpaul.com/2008-09-26/ro...ble-july-2002/
If you prefer listening...
http://www.youtube.com/watch?v=mnuoHx9BINc
5 years in advance...............
Here is a very long version from 2001.
http://www.youtube.com/watch?v=kFd8YluIVG4
uh oh, he goes on about GSE's.