Peter Schiff: China to Follow in SNB’s Footsteps, Abandon the Dollar “Peg” — Yuan to Soar

SilverDoctors.com
January 22, 2015

In this MUST WATCH Bloomberg interview, Peter Schiff warns that China is poised to follow in the footsteps of the Swiss National Bank, and ditch the dollar peg- resulting in the Yuan soaring and a collapse of the dollar.
Schiff warns the fallout will be a 10 on the economic Richter scale, and will occur prior to the end of 2015, when the Fed announces QE4- “which will be bigger than QE1, 2, & 3 COMBINED”

The Rest…HERE

This entry was posted on Thursday, January 22nd, 2015 at 1:08 pm and is filed under China, Economics, New World Order, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.