What is the Federal Reserve going to do if the economy or the economic recovery is in jeopardy or if in fact we are back into recession?
And that is: print more money, more Quantitative Easing (QE). The opposite of what everybody seems to be expecting.
Related trading instruments: Energy Select Sector SPDR ETF (XLE), SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), Market Vectors Gold Miners ETF (GDX)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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