MajorG

The Shedlock-Schiff Affair: A Chronicle

The only thing that matters is what your client accounts look like at the end of the year. Schiff's look like they dove on a hand grenade. Therefore he loses this argument IMO. His long term argument is crap IMO, because there is NO SUCH THING when you are predicting financial collapse. If one really believed that then he/she would get their clients into cash and wait. He didn't, they lost. In the end, that is the only thing that matters.