April 18, 2009

In 2006 Peter Schiff Warned a Collapse Was Coming

People laughed in 2006 when Peter said a collapse was coming. These were his words:

"Most of the profits that people have in real estate are going to vanish. Just like the profits from the dot-com bust back in 2000. It's a fantasy."

And now Peter Schiff warns,

"If history's any guide, you do get the civil unrest, you do get the riots and the looting."

Peter Schiff will be speaking in a few days at the CFA Institute Annual Conference 2009, Disney's Contemporary Resort, Orlando, Florida between April 26 and April 29, 2009.
eXTReMe Tracker