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by skhunted
804 days ago
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In 5 years you’ll likely forget about this theory and this person because nothing will come of whatever predictions this person is making. For 50 years these sorts of people have been making the same sort of predictions and they have all been wrong. Empires all come to an end so eventually one of these charlatans will be right but not because of possessing insight. It’ll be a coincidence. |
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This is pretty much what he says in response to the Peter Schiff types of predictions. The critiques in this thread would be more aptly applied to those debating against "The Dollar Milkshake Theory".
It isn't a cult of personality or specific investment advice. Mining stocks aren't being promoted. Rather it is an observation and theory about how the USD strengthens at points in the business cycle where many expect it to weaken.
I'm not sure why HN needs to be so obtuse. If we cannot have a discussion about the actual contents of an observation rather than the perceived theme, if every post needs to be prefaced by several layers of disclaimers ("I don't own a crystal ball...") about what it isn't saying, then I'm not sure it is possible to have a discussion here.