Wednesday, August 21, 2013

Only Wall Street Thinks Inflation Is Low

"Inflation is not low. A lot of people on Wall Street think inflation is low because they believe the government and not their own eyes." - in Money News

Related ETFs: United States Oil Fund ETF (USO), SPDR Gold Trust ETF (GLD)

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