Added: 11 months ago
From: PeterSchiffBlog
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  • The pundents on TV are all so bullish and talking about corporate profits and increasing GDP. We are also talking about when June comes up and QE stops taht it will be better for the economy because this economy has legs, HAHA. There are no legs just an airbag under us and that bag is filling up big time.

  • right, but isnt that the point of a currency war, i mean really, saying hey if they are devaluating their currency isnt that just going to postpone the collapse, so do u think that devaluate the 4th largest economy in the world?

  • just print baby!!! and keep stacking!!!

  • Yeah, go ahead, carpet bomb Denver or Portland!!!! LOL!!! That will kickstart the economy!!

  • If the FED doesn't end the QE soon, I believe it will be the end of the Dollar as a reserve currency. China and Russia have partnered up and are already moving away from the dollar being the only currency used to buy oil. Our debtors will not stand by forever and watch us make their investments in US treasuries worthless, which is what we are doing with the QE programs. I see major changes coming in the next 12 months.

  • What's interesting is that Marc Faber sasy that Japanese yen will fall, but Jim Rogers says it will rise. What will Peter say?

  • wow. u would make a great president

  • peter spits the truth. need more men and women like him.

  • Yes run for president!!!

  • Peter, please run for President. Or at very least, take Bernanke's job and sort the Fed out.

  • @JJJHHH123123 Screw that, Americans don't deserve a good president.

    Gold and silver are being taken down. Just get ready to buy, and wait it out. In a few years, sell your commodities, and invest in the stockmarket. It's a simple and easy to follow no fail formula. Stop trying to save morons from themselves, and start taking advantage of them instead.

  • This will not be a boom to the Japanese economy. Japan lost 30% of its energy resources. Many parts of Japan now face controlled blackouts. Japan's supply chain is also in disarray. With all of this happening, please explain how the Japanese Yen can rise against the dollar since the horrific events that have stricken Japan.

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