Thursday, October 1, 2009

Peter Schiff: Carry Trade Dollar

Peter Schiff has been making the rounds lately and talking about the continuing collapse of the U.S. dollar, which will make it an ideal carry trade candidate going forward, and which will make many people very wealthy as a result.

Schiff has also said that he has no idea when, or even if, the U.S. dollar will strengthen any time soon. Of course that can't be counted on at all with the ongoing spending spree of the Federal Reserve and U.S. government.

Schiff is of course the president of Euro Pacific Capital, an investment firm he runs.

Peter Schiff - Collapsing U.S. Dollar

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