May 7, 2010

There Will Be Runaway Inflation And Unemployment

"There will be an economic collapse far more spectacular than what we've already seen. The bond market will collapse, the value of a dollar will plunge, interest rates will rise, there will be runaway inflation and unemployment."


Related ETf`s: ProShares UltraShort 20+ Year Trea (ETF) (Public, NYSE:TBT) and iShares Lehman 20+ Year Treas.Bond (ETF) (Public, NYSE:TLT)

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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