April 3, 2009

Market Update - April 02

Peter Schiff`s market update on his Videolog, April 02.

- G20 meeting and how politicians always do the same thing;
- Chinese won`t cooperate with the United States;
- Mark to Market accounting and its impact;
- Mortgages need to be marked down because there is a higher probability of default;

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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