Monday, September 6, 2010

Dollar to be Worth Zero, Faber Predicts

November 7, 2009 by investing  
Filed under General, Inflation

Dr. Marc Faber was interviewed on Bloomberg TV yesterday. Calling Fed Chairman Bernanke nothing else but “a money printer,” Faber is bracing himself for a disaster “The dollar will become worthless when people eventually realize the fiscal situation in the US is a disaster. It will go to a value of zero eventually, but not [...]

The Dollar Rallies, Schiff Still Bets on Gold

November 4, 2009 by investing  
Filed under Commodities, General

Peter Schiff, renowned financial analyst and author, appeared on CNBC yesterday to give remarks about the dollar’s latest rally: “The dollar has moved up about 1 point from the lows and I guess if you are a daytrader that means something but for everybody else it’s insignificant. The trend hasn’t changed, nothing has changed, the [...]