Market Currents
Wednesday, January 28, 2009
12:02 PM
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Peter Schiff is reportedly livid about Shedlock's takedown, in which Mish asserts Schiff's clients did not profit in 2008 despite the guru's rightly gloomy prognostications. More to come soon.
This news story has 1 comment:
That Schiff is "livid" and that he reacted so defensively to what is apparently a fair assessment of his recent market performance is astonishing. The facts should speak for themselves, and at the moment, the blogospher seems to believe that Mish's account was quite factual.
It will be interesting to see how this plays out in the supposed WSJ article in the works. If Mish's assertions are corroborated, he has much to gain in credidibility and readership, while Schiff would have much to lose. Of course, if Mish's assertions cannot be corraborated, or are discredited, the reverse is true.