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September 9, 2010

The Dollar Index Is Headed Down To 40.

I think the dollar index, which is trading a little above 80, I think its headed down to 40. Whether it gets there in 2 years, 3 years...I don`t know. It depends on when the world wakes up and figures out what is going on. I mean, the united States right now is completely powerless to prevent runaway inflation.

in CNBC, September 8

Related ETFs: iShares Silver Trust (ETF) (NYSE:SLV), SPDR Gold Trust (ETF) (NYSE:GLD)

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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