Thursday, May 16, 2013

Peter Schiff: Coming Japanese Crisis Will Spike Gold - CNBC 5/16/2013

Peter Schiff of Euro Pacific Capital believes Japan will have to print more and more money, and that will lead to a record-high price for gold. With CNBC's Jackie DeAngelis and the Futures Now Traders.

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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