We are underweight both the euro and the yen. But the problem is, as bad as the situation is in Europe and Japan, it is worst here. We owe Japan 1 trillion dollars. We're in much worse shape than Japan. They still have big exports, they have high savings. We`ve got this complete phony economy. - in CNBC Fast Money
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.