PETER SCHIFF

PETER SCHIFF

Friday, June 12, 2009

Bank of Japan confident in the U.S. dollar ?! by Peter Schiff

Peter Schiff Report Video Blog June 12th 2009 the dollar rallied a bit today , the bank of Japan has complete confidence in dollar , the US dollar reserve status is unshakable , they must be kidding , , it is probably a favor asked to the Japanese by some American politician ...there is no strong dollar policy ..we have a weak dollar policy what have we done to install confidence ? they also say that they have complete confidence in US treasury bonds ...this is madness ! this is probably a pure show the japanese are not fools , probably the japs are doing "pump and dump" that's waving a flag to the speculators , based on the fiscal and monetary policy we are pursuing the dollar will go as low as 50 yens ,,that's self serving coming from one of our major creditors , the statement was so powerfull and so positive that it must be FAKE ...foreign stock markets in general performed better than our ...

1 comment:

  1. Thanks for fixing the audio issue. Grateful for all you knowledge.

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