“As far as I’m concerned, the U.S. has already lost its AAA rated status,” said Schiff. we have been paying our debt by printing money..., The dollar is going to fall like a rock said Peter Schiff this morning on CNBC ,sell US Stocks , sell US bonds sell your dollars, buy gold buy silver and go overseas before the hyperinflation hits said Peter schiff...
Ron Shah, of Jina Ventures, and Peter Schiff, of Euro Pacific Capital, discuss the dollar and re-emerging markets.
The American dollar kept falling Friday, notching fresh multi-month lows against the loonie, euro and pound over concerns that the massive U.S. deficit may drag down the country's credit rating. BMO Capital Markets deputy chief economist Doug Porter said the sudden intense focus on the U.S. credit rating - following a warning that Britain's rating is in doubt because of its government's heavy debt - has driven the greenback to its low for the year "As well, the dollar is also rapidly losing its safe-haven appeal, as global credit markets continue to gradually heal, and investors become ever more confident that the worst case scenario for the global economy has been averted," Porter wrote in a note to clients.
THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
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I really want to slap that woman
ReplyDeleteHis "faith" is in a sinking ship. Dollars will be scrap paper.
ReplyDeleteI just would like to ask Mr Celente When will America be at its worse?
ReplyDeleteIs it by the end of the year?
Or the beginning of next year?
Thank you very much
Elizabeth Wensjoe