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The GFC started to manifest in mid to late 2007 depending on what you focus on: housing, stock market.When someone is predicting a rare global event I am prepared to forgive him timing error. Peter Schiff was clearly and bravely predicting the housing and stock market collapse but was a year or two early from memory. He has also admitted that gold didn't prove the immediate save haven he expected at the time and nor did he expect that the governments and central banks would be able to reflate so quickly and effectively. David Hunter's timing so far sucks but he will still have done me and others a service if a global bust happens this year or next because he has been convincing enough to make me prepare.
The GFC started to manifest in mid to late 2007 depending on what you focus on: housing, stock market.
When someone is predicting a rare global event I am prepared to forgive him timing error. Peter Schiff was clearly and bravely predicting the housing and stock market collapse but was a year or two early from memory. He has also admitted that gold didn't prove the immediate save haven he expected at the time and nor did he expect that the governments and central banks would be able to reflate so quickly and effectively. David Hunter's timing so far sucks but he will still have done me and others a service if a global bust happens this year or next because he has been convincing enough to make me prepare.
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