Peter Schiff says Ron Paul has a good change to win the 2012 election. Ron Paul has a lot of credibility because he has predicted a lot of what's now happening in the economy.Peter Schiff says Bush and Obama have the same big Government policies.Gas prices will definitely be higher at that time - maybe about $1 higher. More people will be unemployed, and we might be back in a recession even by official measures.
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.