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We might all beat our selves on the head for not predicting
the 2008-2009 (2010?) financial crises earlier, but there were some
people who did so in time. Take a look at this 10 minute YouTube video. Featuring
clips from 2006 and 2007, Peter Schiff's expert colleagues literally
laugh in his face when he says the housing market bubble is going to
burst and financial stocks will plummet. For anyone familiar with but
not impressed by Ben Stein's Expelled movie might be amused to hear him
say the price of the financial stocks in (autumn?) 2007 are so low that
they are basically for free and if they were any lower they should be
given away in cereal boxes... Worst recommendation might be the strong
buy for MER at $76.
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