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October 12, 2011

The Federal Reserve Is Not Out Of Bullets. They Will Keep Printing.

The Fed is not out of bullets in the sense that it is not out of ink, they can keep printing.

They can’t lower interest rates, but they can print more money and buy more stuff. That’s what the Fed is going to do, it’s not going to help the economy, but it’s going to help the price of gold. - in KWN

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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