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May 11, 2013

People Think The U.S. Economy Is Recovering. It's Not.

"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.
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