Thursday, April 28, 2011

Peter Schiff : The Dollar could crash as early as this fall

Peter Schiff - Gold Seek Radio Topic Silver Correction - 04-27- 2011

Peter Schiff the dollar is certainly moving lower against all key currencies but eventually it would crash may be as early as this fall , the fundamentals for the dollar are horrific , the economy in its leveraged state cannot survive higher interest rates , the only reason that this phoney economy continues to function is because we have interest rates at zero , but the economic consequences of that are weak dollar inflation ultimately the FED is going to be forced to acknowledge the reality and raise interest rates and the longer they wait to do it the worse it is gonna be ....

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