In 2006, Peter Schiff Predicted This Financial Crisis

Thursday, January 08th, 2009

Hot Topics : Hard Assets to Soar in 2009 | Bailouts to Boost Asian Markets | Treasury Bond Short Too Obvious? | Resource Scarcity Ahead

Oct 1st, 2008 | By Contrarian Profits | Category: Politics & Economics

Hank Paulson, Ben Bernanke and George Bush all claim they didn’t see the financial crisis coming. Over and over again they claim it blindsided them. It didn’t blindside Peter Schiff. He warned about it back in 2006.

Peter is the president of Euro Pacific Capital, a brokerage firm based in Darien, Connecticut. He’s also follows the Austrian School of Economics.

Take a look at this clip of Peter on CNBC’s Kudlow & Company from August, 28, 2006.

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More on this topic (What's this?)

Calls to Congressmen Running in Favor of Bailout Bill (naked capitalism, 9/30/08)

Why the $850 Billion Bailout Plan is Still the Biggest Robbery of the 21st Century (the Underground Investor, 10/2/08)

Marc Faber Disses the Bailout Plan, Likes the Dollar (naked capitalism, 10/1/08)

Read more on 2008 Financial Crisis, Federal Reserve, Investment Brokerage - National at Wikinvest

Tags: credit crisis, Peter Schiff, US recession, Wall Street crisis

By Contrarian Profits

November 17, 2008 -- A Greater Depression?
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