Peter Schiff : As an investor, the most important thing for me is the strength of the currency where my yields are coming from. We have Canadian bonds in my bond fund. If I'm a bond investor, it's the only thing that matters really. I'm not worried about Canada defaulting. But I would be worried about Canada inflating. When you're a bond investor, you want purchasing power. … I have to make sure the currency that I own [for clients]is going to deliver that purchasing power in the future. So the currency value is paramount. - in a recent interview with the Canadian GlobeandMail
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.
PETER SCHIFF
