If the Federal Reserve actually did the right thing, for a change, which I do not think it`s going to happen, if they stopped the QE, if they started to unwind their balance sheet, if they started to raise interest rates and let the stock market tank, let the real estate market go down, let the natural recession run its course, force the U.S. government to dramatically cut spending and restore fiscal balance for the U.S. economy to allow a legitimate recovery to ever take place, then I would get bearish on gold.
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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2014
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February
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- Personal Finance: Keep Little Cash
- What Would Be A Bearish Case For Gold
- China: Largest Producer Of Gold
- Gold Is Going A Lot Higher Than 1900 Dollars An Ounce
- Market Outlook: U.S. Economy, Federal Reserve & Gold
- U.S. Economy: Outlook For 2014
- The Real Unemployment Picture
- Bad Economic Data Coming To The Surface
- Interest Rates Will Skyrocket After The U.S. Dolla...
- We Have The Biggest Bubble Ever
- Gold Short-Sellers Are Getting Nervous
- Yellen: Waiting For An Excuse To Call Off The Taper
- Gold: Most Selling Is Coming From The Short-Sellers
- Gold Is Leading The Way But Wall Street Is Still S...
- Wall Street Is Fixated On This Story
- Video: Market Update (U.S. Economy, Janet Yellen a...
- Video: Taper Will Not Be Continued As "Planned"
- Rally In Bonds: False Safe Haven Bid
- Video: Stock Market, Treasury Bonds & Gold Outlook
- When The Market Realizes There is No Exit Strategy
- The Trend In The Market Is Down
- Gold: Good Things To Come For The Balance Of 2014
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- U.S. Economy: The Recovery is Just An Illusion
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