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Message: Peter Schiff's predictions and outflow of foreign capital

Peter Schiff's predictions and outflow of foreign capital

posted on Jan 16, 2009 02:08PM

I'm not too sure how many reading this will be familiar with Peter Schiff's prediction that the U.S. will suffer from an outflow of foreign capital, depreciating the dollar (and in the process appreciating gold). Those who are might be interested in the stats indicating a net reversal of foreign investment in Treasury Bonds of 55.7 billion in November.

http://www.treas.gov/tic/tressect.txt

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