"It doesn't really matter what kind of rating Moody's or S&P put on it. Anybody who doesn't see that it's junk probably deserves to lose money." - in Index Universe
Related ETFs and trading instruments: iShares Barclays 20+ Year Treasury Bond ETF (TLT), iShares Lehman 7-10 Year Treasury Bond ETF (IEF), US Treasuries
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.