latest peter schiff: currency the next story, page-11

"the guy is not the champion he is made up to be

his clients still hold resource stocks that are down big time

so he got some predictions right and some wrong"

And he was very wrong back in 2002 when he was predicting a deep recession with the worst two years being immediately following (ie 2003 and 2004 - I can't recall too many economic hard times anywhere in the world back then). If you predict a recession for long enough eventually you are going to be right. Just as anyone who now predicts a turnaround and continues to do so until it happens will eventually be right.