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Originally Posted by 427 S/O
Which one and a link would be helpful........
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The Wall Street Journal is a paid subscriber site. If you pay or want to sign up for two weeks for free, here is the link:
http://online.wsj.com/article/SB123327685671031439.html
Quote:
Right Forecast by Schiff, Wrong Plan?
Peter Schiff predicted a collapse of the U.S. financial system. The bust-up he didn't foresee was the one that made mincemeat of investors who took his advice in 2008.
Mr. Schiff's Darien, Conn., broker-dealer firm, Euro Pacific Capital Inc., advised its clients to bet that the dollar would weaken significantly and that foreign stocks would outpace their U.S. peers. Instead, the dollar advanced against most currencies, magnifying the losses from foreign stocks Mr. Schiff steered his investors into.
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You can also compare his hedge funds returns to his competitors.