Sunday, February 24, 2013

The Inflation Is Driving Stocks Higher

Peter Schiff : "The only reason that it looks like the problems are getting better is because the governments around the world are creating so much inflation to cover them up. And it`s inflation that is driving the stock market higher." - in Fox Business

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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