Peter Schiff: QE3 is coming and QE4 will Follow

Peter Schiff Interview on Fox Business News on June, 4 2012 : Unfortunately steward it's going to be worse than 2008 that was not the real crash I think the real crash is still coming ....yeah QE3 is coming I was predicting QE3 when the FED did QE2 , and the reason I knew that QE3 was coming is because I knew that QE2 wouldn't work that's why QE4 is going to follow QE3 it never worked it just makes the economy sicker , the reason we are all screwed up is because all this QE is toxic ......

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.