Mish Shedlock, Gold as deflation hedge, Oct 15, 2009
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Exactly thats pretty much the argument. Its just basic technicalities in the sense of words and definitions. They just have different ways of looking at things.
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In retrospect the dollar kept falling. This guy was probably a much better programmer than he is an economist.
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The difference between Schiff and Shedlock are not that different. Semantics might be their greatest argument.
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I totally agree with him! Only Banks got bail out....not the people!!!
Obama suck!!!
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Gold up 25%+ for the last 12 months wohooo chiching chiching. sure glad I bought my 100 hundred ounces of gold and 200 ounces of silver. This run has just begun. There is already talk about a second round of stimulus in late 2010 early 2011. The stimulus from what I read is going to be anywhere between 1-4 trillion dollars. If the second round of stimulus occurs expect gold to keep rising for at least another 2 years.
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ron paul looks like hes about to sneeze
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100% spot on about the USD.
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You think? Moron!
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what kind of ron's picture that was@?+
i think he was looking in the future, longterm, realizing, he is not able to do anything about the collaps of america...
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Mish wouldn't call Schiff an idiot and you probably shouldn't either, their views line up together very well.
Mish and Schiff are both Austrian economists, they generally believe the same things. Schiff however, is more long term focused, he's not trying to time the market the way Mish is here.
If you listen carefully, Mish also believes the dollar will go into the toilet, same as Schiff. He just thinks there will be a temporary boost during the next round of deleveraging.
svenp 2 years ago 5
Mish is pretty good, has a good blog. He's no dummy.
anthrobserver 2 years ago 3