Peter Schiff on Fox Business - Monday, June 18, 2012 says that the Euro's days are numbered that Germany does not need Greece as much as China does not need America , that America is china's Greece we buy their products with money that we borrow from them " the Euro is a fatally flawed currency by design " says Peter Schiff and that gold will eventually rally and it is better to buy it now than to try to chase it later on when it will start rallying by $100 a day or so ....
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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