Wednesday, August 6, 2014

Stock Market and Housing market to collapse

The stock market will collapse. The housing market will collapse.

I think Q2 is going to be the high-water mark for the year. I think it's all downhill from here. We might not even get a 3 percent GDP, we might get less than that. And that can be bullish for gold.

Peter Schiff is a smart investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009