April 22, 2014

When Janet Yellen Talks, Everybody On Wall Street Listens

“When Janet Yellen talks, everybody on Wall Street listens, although I don’t know why. I can’t think of a less relevant opinion of what’s actually going to happen with the US economy than Janet Yellen’s… Janet Yellen’s opinion only counts to the extent that she controls the Fed. And so she will make policy based upon her opinion of what the economy is going to do. But her opinion of what the economy is going to do is no more valid than anybody’s.” - in Europac Metals 

You can keep reading Peter Schiff`s market updates and commentary on this new website: Schiff On The Markets (click on the link or on the image below to access the new site)

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. Visit the new website Schiff On The Markets for exclusive content.
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