“I think it’s a buying opportunity. I do believe the U.S. economy is slowing down, in fact I think it’s going to slow a lot more than people realize. But for that reason, I think that quantitative easing will not end over the summer. In fact, I think the Fed is going to step it up. QE3 could be even bigger than QE2 and that’s very bullish for precious metals and very bearish for the dollar.” in beaconequity.com
Related: IShares Silver ETF (SLV), Hecla Mining (HL), Silver Wheaton (SLW)
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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