Friday, July 30, 2010

Schiff - Simmons Debate Enfield, CT July 29, 2010

Peter Schiff and Rob Simmons squared-off for a second time within three days at a Republican Senatorial Debate. The Enfield Grass Roots Alliance enlisted a couple of prominent journalists as questioners. George Colli of Fox 61 moderated the hour-long exchange.

The event was live-streamed on the internet. Over 400 people viewed part or all of the debate.

This video is unedited. It is the first in a series of several showing the whole debate.

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.