"People who talk about the Fed taking away the punchbowl are wrong. The Fed is not going to do that. Unfortunately, it's going to keep spiking the punch. The $85 billion a month is not enough to keep this phony economy from imploding. The Fed is going to have to increase the size of its monthly QE." - in Money News
Related ETFs: SPDR Dow Jones Industrials ETF (DIA), SPDR SP 500 Index ETF (SPY), SPDR Gold Trust ETF (GLD)
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.
Latest Market Commentary:
- Federal Reserve: Capitulation is the Beginning of the End
- A 180 Degree Turn On Monetary Policy
- Powell Does Not See Any Risks Of Asset Bubbles
- 2008 Was Just The Warm Up
- The Primary Trend In Stocks Is Down
- More People Are Going To Wake Up To The Benefits Of Owning Gold
- The End Of Quantitative Tightening
- Inflation Pressures Will Be Bullish For Gold
