Peter Schiff is a genius, he is one of the few people who tipped the last GFC and housing bubble. I used to watch him on the shows over in the US, they all bagged him but he has been right every time.
Austrian economics is far superior to Keynesian economics. If Ron Paul wins the US election in 2012 the US will start to recover. He is of the Austrian school of thought, wants to go back to gold and silver, wants to end the wars and end the Fed. If anyone else is elected it's game over for the world economy, US will completely tank into the abyss.
Peter Schiff is big on gold and silver. I'm keen on silver fundamentally. Seems more is consumed than dug up. And unlike gold it is used where as most gold is stored. Seems we will face a silver shortage in 5 years. JP Morgans shorting of silver is well known too, they will have to start buying back over time.
