Monday, June 1, 2009

The Schiff Report Video Blog June 1 2009

Peter Schiff from a Hotel in Abu Dhabi in the UAE he speaks about the Dollar and bonds continuouse decline , the price of OIL rapidely aproaching the 100 dollars a barrel , the Gold price aproaching the $1000 dollars an ounce , the GM being literally nationalized and is not left getting banckrupted by the government ...the Governement bailing out the GM , California the Banks and everubody else that is failing in business all paid of by fiat dollar preinted out of thin air and backed by nothing ....the Governement does not want to let the free market forces work ....


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Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.