Peter Schiff's Report for 21st January 2010
Today Barack Obama announced in a press Conference that he was going to be introducing new regulations in the banking industry and try to separate some of the risky proprietary trading , The hedge funds the private equity deals being done by banks that are also working with insurance deposits , the regulation is meant to try to prevent banks from taking too much risk with those insured deposits , President Obama got a number of things wrong says Peter Schiff and he explains in the video what he meant ...:
Peter David Schiff, president of Euro-Pacific Capital, 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
