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August 1, 2011

Means For The Government To Deal With This Intractable Crisis

"Besides default or major cuts to domestic spending, inflation provides the only other means for the government to deal with this intractable crisis.” - in CNBC

Tickers: ProShares UltraShort S&P500 (ETF) (NYSE:SDS), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ), ProShares UltraShort QQQ (ETF) (NYSE:QID), SPDR S&P 500 ETF (NYSE:SPY), SPDR Gold Trust (ETF) (NYSE:GLD)

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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