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March 20, 2009

This is a very dangerous time to be invested in US Government Debt

This is a very, very dangerous time to be invested in US Government Debt, to be in money markets, in Treasury Bills, to be in any dollar denominated investments. It is dangerous to be an american citizen, its a dangerous time to be a worker because because your wages are going to be debased.

(transcript from the videolog)

Peter Schiff is the President and Chief Global Strategist of Euro Pacific Capital. As a result of his accurate forecasts on the U.S. stock market, economy, real estate, the mortgage meltdown, credit crunch, subprime debacle, commodities, gold and the dollar, he is becoming increasingly more renowned.

He has been quoted in many financial TV channels like CNBC, CNN, Fox News, Fox Business Network, and Bloomberg T.V.. In Peter Schiff`s blog you can track all his investment and trading ideas for 2009 as well as all his public appearances on TV, video or in the press.
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