The US Dollar Collapse Starts Now - Peter Schiff's Alert Report - 10 May 09 - LISTEN!! It becomes more relevant each day...
People lost control long ago of a government that is owned bought with counterfeit notes back by nothing, is simply treason - END THE FED and America will be FREED don't and your children and grand children will be prostituted in government UNION bondage
he week prior; the US dollar dropped 2.7% against both the euro and the Swiss franc. The dollar fell 2.4% against the basket of currencies comprising the US Dollar Index.
History has shown that every paper monetary system ultimately collapses and is how we get the phrase "cash is trash".
Is the US Dollar Index is headed for a new all-time low?The euro and other currencies that make up this index are not in much better shape than the dollar. So the purchasing power of all national currencies is being inflated away.
Peter Schiff President & Chief Global Strategist
Peter is one of the few investment advisors to have correctly called the current bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts of the mortgage meltdown, credit crunch, and decoupling of commodities, precious metals, and foreign markets from the U.S. dollar, he has become a sought-after economic commentator on a range of investment topics. Peter delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, L.A. Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting a weekly radio show. As an author, he has written four bestselling books, including his latest: " Crash Proof 2.0: How to Profit from the Economic Collapse" and "How an Economy Grows and Why It Crashes".
No comments:
Post a Comment