The Fed Wants Inflation And They Will Get It

All the people out there that do not expect inflation, they are going to be surprised. And by the time they figure out how much inflation is coming they are going to have huge losses. That is going to be a fine example of to be careful of what you wish for because you just might get it!
When the bondholders  wake up and realize how much inflation they are going to get relative to what they expect, that is a nightmare scenario for the Federal Reserve.

(Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

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