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    <title>BLDuncan's Comments</title>
    <description>BLDuncan's Comments RSS Syndication from SeekingAlpha.com</description>
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      <title>Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon'</title>
      <link>http://seekingalpha.com/article/1499382/comments?source=feed#comment-19980982</link>
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        <![CDATA[You do understand that gold is up for reasons completely inconsistent with what Schiff was selling, right? Gold is up because of demand, driven by fear. You know what was also up due to a psychological increase in demand? Housing.<br/><br/>If we were to break down the return to gold and analyze Schiff's investment thesis in comparison, he would get a fat zero as an investment manager due to his complete whiff here.]]>
      </content>
      <pubDate>Fri, 14 Jun 2013 10:48:39 -0400</pubDate>
      <description>
        <![CDATA[You do understand that gold is up for reasons completely inconsistent with what Schiff was selling, right? Gold is up because of demand, driven by fear. You know what was also up due to a psychological increase in demand? Housing.<br/><br/>If we were to break down the return to gold and analyze Schiff's investment thesis in comparison, he would get a fat zero as an investment manager due to his complete whiff here.]]>
      </description>
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    <item>
      <title>Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon'</title>
      <link>http://seekingalpha.com/article/1499382/comments?source=feed#comment-19980742</link>
      <guid isPermaLink="false">19980742</guid>
      <content>
        <![CDATA[According to that logic, you must believe Hitler was a genius!]]>
      </content>
      <pubDate>Fri, 14 Jun 2013 10:43:56 -0400</pubDate>
      <description>
        <![CDATA[According to that logic, you must believe Hitler was a genius!]]>
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    <item>
      <title>Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon'</title>
      <link>http://seekingalpha.com/article/1499382/comments?source=feed#comment-19980402</link>
      <guid isPermaLink="false">19980402</guid>
      <content>
        <![CDATA[As a comment by rw1270 above mentions, and I'm sure many below do as well Schiff has been &quot;predicting&quot; crisis after crisis for as long as I can remember. Him, along with other gold bugs, are perpetually stuck on the idea that an unproductive rock is an intrinsic, independent, and fundamental feature of a normative economy. It is a belief driven by human nature and misunderstanding. Why should we suppose that we can imbue gold with a permanent &quot;real&quot; value? Like with fiat money, its impossible and foolish to assume we can. Money should serve its purpose as an economic tool, and not be expected to serve as wealth. The fear of inflation is necessary, otherwise we run into depressions where the value of keeping the potential option to spend when needed outweighs the value of spending now, leading to wealth creation (production) itself halting. In a debt-based society, this is deadly, since debt requires the assumption that income continues to flow. Anyway, this got way longer than I thought it would, I meant to just say that Schiff is a fool.]]>
      </content>
      <pubDate>Fri, 14 Jun 2013 10:39:15 -0400</pubDate>
      <description>
        <![CDATA[As a comment by rw1270 above mentions, and I'm sure many below do as well Schiff has been &quot;predicting&quot; crisis after crisis for as long as I can remember. Him, along with other gold bugs, are perpetually stuck on the idea that an unproductive rock is an intrinsic, independent, and fundamental feature of a normative economy. It is a belief driven by human nature and misunderstanding. Why should we suppose that we can imbue gold with a permanent &quot;real&quot; value? Like with fiat money, its impossible and foolish to assume we can. Money should serve its purpose as an economic tool, and not be expected to serve as wealth. The fear of inflation is necessary, otherwise we run into depressions where the value of keeping the potential option to spend when needed outweighs the value of spending now, leading to wealth creation (production) itself halting. In a debt-based society, this is deadly, since debt requires the assumption that income continues to flow. Anyway, this got way longer than I thought it would, I meant to just say that Schiff is a fool.]]>
      </description>
    </item>
    <item>
      <title>Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon'</title>
      <link>http://seekingalpha.com/article/1499382/comments?source=feed#comment-19979642</link>
      <guid isPermaLink="false">19979642</guid>
      <content>
        <![CDATA[I approve this message.]]>
      </content>
      <pubDate>Fri, 14 Jun 2013 10:29:47 -0400</pubDate>
      <description>
        <![CDATA[I approve this message.]]>
      </description>
    </item>
    <item>
      <title>Will China Grow Old Before It Becomes Rich? A Demographic Time Bomb, Part 1</title>
      <link>http://seekingalpha.com/article/644161/comments?source=feed#comment-6208641</link>
      <guid isPermaLink="false">6208641</guid>
      <content>
        <![CDATA[Where exactly did you get your macro estimates from and what are the assumptions? You can't just say China will be producing 3x the World's economic output in 2000 without mentioning price levels.]]>
      </content>
      <pubDate>Thu, 07 Jun 2012 15:09:30 -0400</pubDate>
      <description>
        <![CDATA[Where exactly did you get your macro estimates from and what are the assumptions? You can't just say China will be producing 3x the World's economic output in 2000 without mentioning price levels.]]>
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