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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.
ReplyDeletePeter is bullish on certain non-US stocks. He's been very consistent about that.
ReplyDeletehe was talking about foreign stock and SOME US stocks like mining.
ReplyDeletea 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.