Peter Schiff explains

Peter David Schiff (/ˈʃɪf/; born March 23, 1963) is an American stockbroker, author, and one-time Senate candidate.

Professionally, Schiff is CEO and chief global strategist^[8] of Euro Pacific Capital Inc., a broker-dealer based inWestport, Connecticut. 

In an August 2006 interview, Schiff said, "The United States is like the Titanic and I am here with the lifeboat trying to get people to leave the ship.... I see a real financial crisis coming for the United States."^[21] On December 31, 2006, in a telecast debate on Fox News, Schiff forecast that "what's going to happen in 2007 is that real estate prices," which had peaked in December 2005,^[22] "are going to come crashing back down to Earth."

:(((

Peter Schiff explains.