Monday, November 10, 2014

More QE's to come than Rocky movies

QE is kinda like a sedative, kinda like Novocaine, you don't feel the pain until it wears off. We've had a lot of Quantitative Easing. Once we come off the QE high, the hangover is going to spectacular. The government will try to head it off by launching QE 4 and that's something the markets are not anticipating and I think when that happens you will see a big reversal in the dollar and in the Precious Metals market. We will have more QE's than Rocky movies.

Peter Schiff is a smart investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009