My point is, in order to save the stock market, they sacrifice the U.S. Dollar. That is the real concern investors need to have. Not just the U.S. stock market going down but the dollar and the way to protect yourself from that is to invest in countries against which the U.S. Dollar will be falling. So, we are buying stocks in markets like New Zealand, Singapore, Hong Kong, certain emerging markets, Australia and Canada.
There are parts of Europe that I like, Switzerland, parts of Scandinavia.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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