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Peter Schiff: "I think that if you judge it based on the price of gold, for example, I think the Dow Jones is still down on the year. I think that's a much better way of looking at when you're looking at it in a very inflationary time period. The big news of the day that's driving the markets is the news coming out of the home-building sector, and that news is only going to get worse. Home builders are reducing their forecasts, they will be reducing them a lot more. Anyone who is tempted to buy these stocks, because they think they are cheap, because they have fallen so much; they are still very expensive. I expect all of the home price appreciation for the last five or six years to be erased in this market, and unfortunately, the mortgage debt associated with those purchases will not be erased, in fact, in many cases, because of negative amortization, the mortgages will be higher and because of higher of higher interest rates, they will be much harder to finance." Listen Live Weekdays 10am to noon ET on http://www.SchiffRadio.com Buy my newest book at http://www.tinyurl.com/RealCrash Friend me on http://www.Facebook.com/PeterSchiff Follow me on http://www.Twitter.com/PeterSchiff ... https://www.youtube.com/watch?v=MYpH1ySMFZA