October 14, 2012

You Can’t Blow Up A Bubble That Has Already Burst

The Fed is trying to inflate housing again to give a sense of wealth. But you can’t blow up a bubble that has already burst. It has too many holes. The money will not resurrect housing. - in a precious metals panel held at the Ritz-Carlon

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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