Tuesday, September 27, 2011

Peter Schiff : things are bad and they will get a lot worse

Obama campaign raises billions while he asks for more austerity measures from the voters , " I think a lot of people have become disillusioned with the president that's why his support is falling " says Peter Schiff " and I support his support top continue to fall , but that's not going to diminish his ability to raise money he still is going to be able to raise money from the people who profit from the status quo even though the status quo is undermining the strength of the US economy " Peter Schiff added


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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.