re: #87 ArchangelMichael

Figuring out that the economy was going to crash in the housing boom wasn’t rocket science.

Schiff advocates the gold standard. Anyone who understands 3rd grade math and has a bit of knowledge about economics and monetary policy knows that going back to that, now in 2010, is one of the dumbest ideas since ‘vaccines cause autism’.

It was the timing. IINM Schiff did not profit much from his predictions as he traded them wrong. A stopped clock is right twice a day as they say, but calling the action and placing the correct trade are two very different things.

Talk of the gold standard now is indeed idiocy.