In an interview on Fox News Peter Schiff discusses the dollar, with Liz Claman. Peter stated, "It's not really a new prediction, but maybe it's more timely. The dollar is not just going down, it's going to crash."
Schiff: "You mentioned the Dow being up, but priced in real money, gold and silver the Dow is actually down."
Claman: "What names are you adding to the portfolio?
Shiff explained he was advising clients to get out of dollars, own gold and silver, foreign stocks that dereive revenue outside the US and don't earn US dollars to avoid the inflation tax.
