Apr 7, 2014

A Real Collapse In Real Estate Prices

I do not look for a nominal collapse in real estate prices. But I do look for a real collapse, priced in gold, adjusted for inflation.

Now, if the Federal Reserve actually did what I don`t think its going to do, which is end QE and raise interest rates and unwind its balance sheet, then the stock market would collapse, the real estate market would collapse but that is why they are not going to do it.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

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