Tuesday, January 6, 2009

January 6, 2009

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  1. Did I hear that correct? Peter Schiff turned bullish on stocks? I thought he said many times that from a historical perspective stocks are not cheap at all.

  2. Peter is bullish on certain non-US stocks. He's been very consistent about that.

  3. he was talking about foreign stock and SOME US stocks like mining.
    a lot of the large mining cooperations are US based but really don't have a lot of operations inside the US.

    which is consistent with his scenario. owning a gold mine or even an industrial metal mine is much better in an inflationary depression than holding on to currency.