"People think the U.S. economy is recovering. It's not. It's strictly a result of money printing.
Since the Fed is going to have to print more and more money to keep this phony recovery from imploding, it's extra bullish for gold." - in Money News
Related ETFs: SPDR Gold Trust ETF (GLD), SPDR SP 500 Index ETF (SPY)
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.