October 17, 2011

I Do Believe That It The Decline In U.S. Treasuries Will Be Very Abrupt

I do believe that it the decline in U.S. Treasuries will be very abrupt. I think when the dollar collapses, it will happen very rapidly. When the bond bubble bursts, the air is going to come gushing out. It’s not going to give a lot of people time to reverse their position. - BeaconEquity

Related ETFs: ProShares UltraShort 20+ Year Treasury ETF (NYSE:TBT), iShares Barclays 20+ Yr Treasury Bond ETF (NYSE:TLT)

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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