Peter Schiff is now answering his critics, reported by Farmann here.
We believe Peter Schiff will be proven right on many of his long term predictions, but the fact remains that he did not predict the events of 2008 very well, and his clients lost out.
2008 was a dramatic year, and the dollar rally was perhaps the most surprising move of the year.
Predicting what the governments and sentral banks of the world would do as countermeasures to the crisis was perhaps the hardest thing of all to do. What we must learn is that even though our analysis might be right, it is always a partial picture, we will never have the full picture of anything, so we must invest accordingly.
Peter Schiff answers critics.
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