Thursday, January 9, 2014

The FED is Not Going to Taper, It Doesn't Have the Integrity

I don't think the Fed's going to taper. I think the people who should be the most worried are the people who have cash in the bank, the people that own government bonds. I actually think you're better off being in the stock market. Even though the rally is phony, it's probably going to continue because the Fed doesn't have the integrity to do the right thing.

- Peter Schiff via a recent CNN interview

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