Government owned AIG realizes a 277% gain in the last month

Peter Schiff on CNBC 28 Aug 2009 about government owned companies rising from the death

5 firms that owe their survival to government intervention are literally booming Fannie and Freddie respectively +259% and +286% in the last month , Citigroup +75% and Bank of America up + 35% , the 80% government owned AIG is soaring to with +277% in the last 30 days ...are the zombs rising from the death or is it just government manipulating the market so that to show that the stimulus is working , Peter schiff is here today to discuss this issue with James Altucher, Stockpickr.com; and CNBC's Mary Thompson.

The short covering rally for the dollar already happened

Peter Schiff Vlog 28 Aug 2009

Emerging markets bonds are of higher quality than the US Bonds , foreign markets are of higher quality than the US market , the US market is the low quality assets , the treasury debt is the equivalent to junk bonds , there is no quality in the US market and that's why the funds are going abroad looking for quality...the US dollar rally already happened , it is unlikely that another one will happen , certainly not in the magnitude of that we had in 2008 .....finally Peter Schiff promises that if the coming Money bomb scheduled on 10th Sept will be able to raise 1.5 million dollars he is committed to race for the senate seat