Tuesday, December 31, 2013

Savers And Retirees Are Going To See Their Wealth Wiped Out

“It’s going to be the savers and American retirees who are going to see their wealth wiped out because this mad man is printing money and encouraging Congress to keep on going into debt so he can do it.” - in Freedom Watch

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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