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July 16, 2010

Why Is The Dollar So Weak?

The top of the dollar seems to coincided with the divergence that we had at the G20 between Europe that wanted austerity and more budget cuts and America that wanted more government stimulus and more deposits.

It seems that people are voting with their feet and they are voting for the european approach and against the US approach. That is why the dollar is so weak.

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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