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View Full Version : Peter Schiff on Goldseek Radio 10/15/10



Apparition
19th October 2010, 11:58 PM
http://www.youtube.com/watch?v=-fKoYsG9txQ

1970 silver art
20th October 2010, 03:55 AM
Moral Hazard in the housing market will continue to destroy the housing market and it is gov't that will speed up that moral hazard with its policies to attempt to try to keep everybody in their houses and to prop up the housing market. Delaying the foreclosures will just delay the inevitable of further drops in housing prices IMO.

Quantitative Easing is the "nail" in the U.S. Dollar's "coffin" and will cause gold and silver (and everything else) to rise in price. Bye-bye U.S. Dollar.

Peter was right in what was going to happen and he will continue to be right as long as the gov't continues to destroy the U.S. $ and to "socialize" risks.