Yes, the Schiff has hit the fan. Everyone is right once in a while and the timing elevates them to star status. They almost never retain that rightness very long. His endgame is weak and I don't bet against the largest economy in the world.
Where is the only safe haven? When he talks about widespread confiscation he is venturing into tinfoil hat territory. Any stock held in your name would also be subject to confiscation wherever it may be held. Confiscation of gold has a past precedent in the US. I don't think that is going to happen again.

It is just another opinion, and I read it with the rest, but it makes no sense in parts and just sounds looney in others. If it happens to come to pass the balance in your accounts will be the least of your troubles.

Hey, even the Pope is getting in on it, when the defecation hits the fan everybody wants a piece. It's good for the ratings.

http://www.bloomberg.com/apps/news?p...0&refer=europe