gold, page-49437

Yes Schiff has been preaching the same for years. He has a good understanding of economic principles but he is permanently negatively biased, and for that reason I don't follow him. I believe he is biased that way despite his vested interests, and by that I mean it's a psychological problem. Many people are like this. They just spend their days waiting for a crash. He is entertaining in debates, but his podcasts and general rhetoric is too negative and it's not a healthy way to spend life.

However his prediction about the US fiat money system will come true eventually. It is fatally flawed. The fed has limited control, and has always had limited control, and one day they will have no control.