Originally posted on 11/21/2021:

Quote Originally Posted by ChuckyTheGoat View Post
Exactly, Pablo! Great post.

I posted the Mashinky/Schiff video b/c I thought it would be a good debate. I couldn't make it thru > 2/3 of the video b/c Schiff was so salty.

Mashinsky IS providing a service for buyer/seller on lending services. It's not like he's twisting anyone's arm to participate.

Schiff WAS right about the 2008 housing market crash. Props to him, the videos are up to prove his call. Thing is, everyone is right if your time horizon is long enough. The amount of $$ he has cost his clients is truly amazing.

Spot-on re: Precious metals vs Inflation. You'd like to think that Gold/Silver are at least keeping pace with Inflation. Depends on your time horizon, but they're struggling to even do that.

TRUE inflation number is the key barometer. Foss has stated that 2021 inflation is +14% if you used the OLD cpi-formula. I think +14% is a good baseline for what you should be targeting as MINIMUM annual return on funds.
I could not stop laughing watching Schiff yell at the lady. Good look Peter.