October 29, 2009

"There Is No Recovery"

"There is no recovery, the fundamentals of our economy have been worsening because of what the government has done to artificially stimulate it. But the trade off there is that they are able to get the stock market to go up because we are debasing our money" in Videolog Market Update, October 28

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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