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Iain from London, England: I have property in Dubau, which is valued in Dhirhams. They have done well, but the market is now sluggish. The UAE Dhirham is pegged to the US$ at a rate of about 3.64 Dhs per dollar. With the dollar declining, why would the UAE government continue the peg? If they were to float freely my assets, the rental income would be much higher. Submit your webcast questions here: http://schiffradio.com/contactus?loadForm=4#contactForms
Peter Schiff is an American investment broker, author, financial commentator, and was a candidate in the 2010 Republican primary for the US Senate.
Video © and provided by Peter Schiff.
Peter Schiff is an American investment broker, author, financial commentator, and was a candidate in the 2010 Republican primary for the US Senate.
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