Sunday, May 1, 2011

Peter Schiff on The AlyonaShow - The collapse of the Dollar

Peter Schiff's EuroPac did better in 2008 than most others, so his suggestions are proven valid. Least hard hit when everyone was hit, most profitable when others claimed to be profitable.The Fed is pushing digital cash into the economy at a rate where it appears the economy is growing , but this is based on sales of consumer goods being bought with worthless currency , Get out of the dollar folks


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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.