Friday, June 6, 2014

America to Create More Inflation Than Europe

The problem is as much inflation as Europe is going to create, America is going to create even more. So, as bad as the Euro currency might be, the U.S. Dollar is worse.

Related: EUR/USD, EUR Futures, SPDR Gold Trust ETF (GLD);

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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