Peter Schiff Defames Obama & Geithner On Lou Dobbs
It might help if his silly remarks have one grain of truth to them. Unfortunately, as with his other inane rhetoric, this is all BS too. Buyers are lining up for US treasuries right now as part of a ‘safe haven’ move, pushing yields to lows not seen since before QE2 started. Even Bill Gross who caused all the ballyhoo by saying he was getting out of the treasuries market has slapped himself silly in the face by doing a U-turn.
The price of ignorance.
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