PETER SCHIFF

PETER SCHIFF

Monday, October 15, 2012

The Fed is trying to inflate Housing again

Peter Schiff : “The Fed is trying to inflate housing again to give a sense of wealth,”
“But you can’t blow up a bubble that has already burst. It has too many holes. The money will not resurrect housing.” Schiff said Speaking at IndexUniverse’s Commodities conference in Chicago
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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