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Thread: Peter Schiff:Economic Disaster in 2011

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    Havakasha is offline

    Peter Schiff:Economic Disaster in 2011

    Austrian School economist predicts economic doomsday scenarios for 2011.
    Anyone here believe what he has to say about interests rates going through the
    roof?

    He comes in around 5:55.
    http://www.youtube.com/watch?v=Z9V5RuLlXtw


    Peter Schiff Says U.S. is Powerless to Prevent Runaway Inflation, Silver to Soar to $100
    Commodities / Gold and Silver 2010
    Sep 12, 2010 - 01:23 AM


    Peter Schiff forecasts that Silver could reach $100 following a collapse of the U.S. Dollar as he says “The United States right now is completely powerless to prevent runaway inflation”, as the U.S. continues with policies of more economic stimulus and bigger deficits.


    “I think growth is real around the world and I think inflation, unfortunately, is very real. Central banks are much too easy. They’re printing much too much money.
    Last edited by Havakasha; 01-05-2011 at 09:32 AM.

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