The Commodity Futures Trading Commission and Securities and Exchange Commission will have authority to decide what derivatives must be centrally cleared rather than letting private parties make the call.

&#8220-Central clearing interposes a regulated clearinghouse between the original counterparties in a derivatives transaction and so creates an opportunity to make dealing more transparent.&#8221-

CNBC video

Peter Schiff disagrees with Nouriel Roubini about whether there is a commodity bubble (e.g., gold).

The 2 links that Peter Schiff talked about in his video:

NYT: With F.H.A. Help, Easy Loans in Expensive Areas.

What Peter Schiff was referring to: