Sep 15, 2014

Federal Reserve: A New Round of QE That Will Make The Europeans Blush

We have just inflated another bubble and the air is already going back out. And the Federal Reserve knows this bubble is too big to pop because the financial crisis that would follow would make 2008 look like a Sunday school picnic.

So they are getting ready to blow as much air into this bubble as they can and so they will launch a new round of QE that will make the Europeans and the Japanese blush.

Related trading instruments: S&P 500 Index ETF (SPY), Energy Select Sector SPDR ETF (XLE), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG)

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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