This is a disastrous monetary policy; it’s kamikaze monetary policy. The dollar index is going to go down to 40, it might even go to 20 — I mean this is going to be in free fall at some point… ultimately there’s going to be a currency crisis. - in CNBC Asia
Related: SPDR Gold Trust (ETF) (GLD), PowerShares DB US Dollar Index Bearish (UDN), IShares Silver Trust (ETF) (SLV)
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.
One Of Things I Have Learned In The Investment World - "One of things I have learned in the investment world, when something is ‘good news’ for some asset and it goes down, you better be very worried." - *in a ...
16 hours ago