Wednesday, June 19, 2013

The U.S. Economy Is Going Back Into Recession

"The U.S. economy is going back into recession. The phony recovery that the Federal Reserve has created is evaporating before their eyes." - in CNBC

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

Peter David Schiff is an investment broker, author and CEO of Euro Pacific Capital Inc. Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies