"So will he and his doomsday monkeys now call an impeding crash? present a new reason to buy gold from his website?"
This is what I was referring to Sydney, you were quick to get into Schiff on his call. But my point is simply that we have yet to see the lasting effects of this rate rise. Do you think for one moment that oil is going to recover as a result? Do you think that the dangerous bonds spreads are going to miraculously close as a result of this stock market euphoria? I'm saying watch and wait before claiming victory over Schiff and others who are well aware of the danger signals which are unchanged by this rate hike.
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