Gold Silver Down Dollar Up on Fears of Sovereign debt crisis in Europe and Greece defaulting

Peter Schiff says that selling Euros and buying US dollars is like jumping from a frying pan into the fire , cause the risks of USA defaulting are much greater than those of Greece defaulting , Greece have similar debt problems as does California ...USA is in worse shape tha most of the European countries ....

Peter David Schiff, president of Euro-Pacific Capital, is a Connecticut-based brokerage firm have correctly predicted the U.S. stock-market collapse , the home mortgage meltdown and the credit crunch .
Peter Schiff discusses politics, world economies, and investment strategies and is now running for a Senate Seat in his native Connecticut , Peter Schiff is Author of the Best Seller Crash Proof How to Profit From the Coming Economic Collapse