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August 25, 2013

QE, Tapering & Bluff

"The number that is on everybody`s mind is 85. Eighty five billion a month in QE. The market that lives by QE, dies by QE. People are starting to factor in tapering. And if the Fed tapers this market is going a lot lower. I think they are not going to taper, I think they are just bluffing, I think it`s all talk." - in a recent CNBC video

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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