February 17, 2013

There Is A Currency War Going On

"There is a currency war going on. The irony of a currency war which makes it different from other wars is the object is to kill itself. Unfortunately, I think the U.S. is going to win the currency war." - in a  Index Universe conference earlier this week

Related: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV), PowerShares DB US Dollar Index Bearish (UDN)

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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