Friday, July 19, 2013

Tapering, Post-QE World & Wrong Conclusions

"Yet the mere mention that tapering was even possible, combined with the Chairman's fairly sunny disposition (perhaps caused by the realization that the real mess will likely be his successor's problem to clean up) was enough to convince the market that the post-QE world was at hand. This conclusion is wrong." - an excerpt from Tapering the Taper Talk 

Related ETFs: SPDR SP 500 Index ETF (SPY), SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV), SPDR Dow Jones Industrial Average ETF (DIA)



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

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