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August 26, 2013

GDP Reports & Government Propaganda

“I think we have been getting overly optimistic [GDP] assessments from the government. They want to make GDP appear bigger than it normally would be, and growth to appear bigger. So this is government propaganda.” - in Yahoo Finance

Related ETFs: Financial Select Sector SPDR (XLF), SPDR SP 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA)

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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