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November 9, 2012

The Minute The Confidence Is Lost, We Will Have A Real Crash

"He (Bernanke) is lying. It is not inflation neutral, it is the very definition of inflation and the government tries to mask how bad it is by giving us phoney numbers... it's only going to get worse because the Fed doesn't think we have enough inflation and is deliberately creating more.

It's all about confidence. The minute the confidence is lost, this con game is over and we will have a real crash. So it is coming, will hit us hard, and probably happen in Obama's second term.

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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