Thursday, August 26, 2010

Peter Schiff warns about an Inflationary depression

Peter Schiff :"We are going to be in a depression. It is going to be an inflationary depression, and our standard of living is going to fall dramatically in this country,"
"Things could get very bad in this country, and people might want to leave, and when they do, it might be illegal to leave with your gold or your money. Who knows, you may have to pay your share of the national debt,"
"When the dollar had that big rally people who initially followed my advice actually fared worse than people who followed more traditional advice,"

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