Monday, January 7, 2013

Peter Schiff : I can't imagine the person dumb enough who Buys US Treasuries. I want to find that person

Peter Schiff : Not my money. You're seeing the Federal Reserve buy Treasuries. But none of my clients are buying. I can't imagine the person dumb enough. I want to find that person. - in a recent interview with The Globe and Mail

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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