Peter Schiff on Bloomberg

Here are two videos from Peter Schiff's recent appearance on Bloomberg. If you're not familiar with Peter Schiff, he is the owner of Euro Pacific Capital. He essentially predicted this economic crisis back in 2006, almost down to the time period. He believes that the dollar system is on the verge of collapse, due to the feverish pace in which the Federal Reserve is basically printing money, which will lead to a period of massive hyperinflation. He is a strong believer in the investment of gold.