Peter Schiff on Kudlow and Company talks stocks, the dollar, bonds and gold.
Some Schiff Highlights from the interview follow.
On home mortgages:
In the end, the only one that’s going to be willing to write a mortgage is going to be the US government because no one is going to want to lend anybody money to buy homes because it’s going to be too risky.
On the politics of the economy:
The politics is what’s killing the economy. You hit the nail on the head when you were saying the cure is worse than the disease. The worst part about it is the government infected us with this disease and now they’re killing us with the cure.
Schiff on his favorite investment (he had 7 seconds to tell us):
Gold, Silver.
It Took 22 Years to Get to This Point
The head of the Canadian province of Ontario, Doug Ford, has warned that it will retaliate against...
This article was originally published by Michael Snyder at The Economic Collapse Blog. What in...
This article was originally published by Tyler Durden at ZeroHedge. While it had been reported in...
Commenting Policy:
Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.
This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.
Comments