With the housing market cratering, consumer confidence sagging, and catalysts for real economic growth nowhere to be found, many investors have quietly become pessimistic over the outlook for the U.S. economy. And then there’s the camp that has been much more vocal with forecasts of doom and gloom, a group that includes the always entertaining Peter Schiff. A former economic advisor to Ron Paul and former U.S. Senate candidate, Schiff is firmly anti-deficit and anti-stimulus. “We are going to be in a depression,” said Schiff recently in an interview with The Wall Street Journal. “It is going to be an inflationary depression, and our standard of living is going to fall dramatically in this country.” After being laughed out of the room at the height of the most recent bubble, Schiff now has the ear of investors around the world after his predictions of the collapse of the housing [...] Click here to read the original article on ETFdb.com. Related Stories: Three ETFs To Invest In The World’s Top Stock Market Three ETFs To Invest Like Marc Faber Gold ETFs: Where Do They Go From Here?