31
May
Peter Schiff and Marc Faber — The Economy on The Glenn Beck Show
To put this video in context, be sure to view yesterday’s Peter Schiff’s video. Personally, I cannot say if Mr. Schiff’s forecast will actually come about, but,based on his prior track record, I think it would be prudent to consider that there is a good probIlity that Mr. Schiff will again prove correct.
If you believe hyper-inflation will be good for real estate, you may want to reconsider. Hyper-inflation will occur with increasing interest rates, higher gas, utilities, taxes and maintenance fees. How can home values increase when one is paying $20 for a gallon of gas?