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June 20, 2013

Monetary Easing: Any Significant Withdrawal Of Support Will Cause A Steep Sell Off On Wall Street

"Any significant withdrawal of support will cause a steep sell off on Wall Street, a spike in interest rates, and an end to the reflating housing bubble. They are not prepared to tolerate any of these outcomes." - in Investors 

Related ETFs: SPDR Dow Jones Industrial Average ETF (DIA), 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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