The Fed Is Not Going To Let The Stock Market Go Down

The reason that a weak stock market is going to be bad for the dollar and good for gold is because it means the Federal Reserve is more likely to either not raise interest rates or launch QE4.

I think the only way the Federal Reserve can prevent a stock market correction from turning into a bear market is by launching QE4. Unless we do that, we will have a bear market which is another reason why I am certain we are going to get QE4 because the Federal Reserve will not allow a bear market because it has built this recovery on asset bubbles, it is not going to let the stock market go down.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.