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November 16, 2011

US Dollar’s Day Of Reckoning

I’ve been saying that Europe is going to come up with some kind of temporary solution that will satisfy the markets for the time being. Longer-term, we are going to be revisiting these problems and they will be even bigger. But I do think between the euro and the dollar, that the dollar’s day of reckoning is going to come first. - in KWN

Related ETFs, PowerShares DB US Dollar Index Bearish (UDN), PowerShares DB US Dollar Index Bullish (UUP)

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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