Thu 24 May 12 | 11:35 AM ET

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Bonds Are No Safe Haven: CEO

Thu 24 May 12 | 11:35 AM ET

"People are fleeing to bonds as if there is a safe haven there. But if the currencies are all debased in an effort to prevent collapse or default, the big losers are the bondholders," Peter Schiff, chief executive of Euro Pacific Capital, told CNBC.

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Bonds Are No Safe Haven: CEO

Bonds Are No Safe Haven: CEO

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