The more I hear Schiff's delusional and ridiculous sale pitch, the more I am becoming convinced that he has lost his marbles, but that might well represent the best of all scenarios.
The alternative conclusion would be that he is blatantly lying to his sheep audience in order to manipulate gold and brainwash low-IQ investors into believing his ridiculous claims, despite the fact that he has been mostly wrong for several years now, whether we are talking about his forecasts for the US dollar or individual stock picks, Schiff’s track record has been a huge embarrassment.
The problem is that there are many of his sheep clients who still have no idea that Schiff’s extremist ideas and misstatements represent a potential detriment to their investment returns.
The facts don't lie. Examine Schiff's track record. It is becoming one of the worst possible.
If you are unable to realize that after conducting an adequate amount of research, my advice to you is to buy CDs and stay out of all other investments forever.
Something guaranteed like CDs, while they won't provide much upside when adjusted for inflation, they will protect investors from their own stupidity. And sometimes, it's much better to avoid losses than to try to make gains because your path to gains will ultimately lead to huge losses.
In fact, apparently Schiff has become so desperate to extract more money from his clients that he is now selling CDs because more of his clients are starting to realize he is clueless, after watching the US stock market continuous soar to new highs, while their Euro-Pacific and gold investments struggle.
Let’s have a look at the video below so you can see just how clueless Schiff remains.
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