Peter Schiff is known for his doomsday predictions on the US economy, and being a permabull on the price of gold. Why is he famous? He predicted the housing market collapse and the ensuing deep recession we experienced in 2007-2009.
If you watch the collection of old clips from 2006-2007 in the video below, you will think Peter Schiff is some type of financial prophet. Unfortunately, other data will show he isn’t.