Monday, December 12, 2011

Peter Schiff on the Euro Crisis, the Dollar and the GOP 12 Dec. 2011

Peter Schiff : you can certainly settle with Gold , Gold is very liquid , I think people are looking for the perception of a safe heaven and that's how people incorrectly perceive the dollar to represent that safety Peter Schiff says , he also explains that there will be a lot of buying of gold in this dip and that we probably won't see lower prices because the smart money will go to gold and eventually all nervous money will go into gold








Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.


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