The Fed has been saying that rising food and energy prices are transitory, they have been saying that for 10 years and I am still waiting for the transition.
The fact is they are not transitory, they are permanent and prices are going to keep on getting higher. - in Ben Bernanke throws the dollar over the Currency Cliff videolog
Related: United States Oil Fund ETF (USO), SPDR Gold Trust ETF (GLD), Powershares DB Agriculture Fund ETF (DBA)
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.